Owning a piece of Trump... stock
Trump's media company is scheduled to go public today. Trump Media and Technology Group, the parent company of Truth Social is said to be worth billions. Last Friday, Shareholders in the shell company Digital World Acquisition Corp. (DWAC) agreed Friday to merge into Trump Media. The new combined company will trade on the Nasdaq exchange under the stock symbol DJT.Can you make a million over night?
The key word here is volatile.
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Comments (14)
Stock opened around $61 and closed today around $71 with peaks as high as $77.
The savvy investor buying 1,000 shares would have made 10 grand today.
Stock opened around $61 and closed today around $71 with peaks as high as $77.
The savvy investor buying 1,000 shares would have made 10 grand today.
That deserves a few rolling men...
"...now trading under the "DJT" ticker symbol, but experts doubt its longevity."
I always enjoy the reader comments:
"So are you telling me that someone who can bankrupt casinos where the house has a big edge is going to make a social network that no one reads than Trump people, make money for investors?"
"How does Truth Media with a financial record of losing $49 million so far merge with a company that has a financial record of consistent years of severe loses and presently has $1.5 million in assets and $25.5 million in debts manage to become a entity valued at $6+ billion ? The only thing I see coming from this merger is another Dumpster grift that ends in catastrophic bankruptcy for its investors."
"It’s all a fraud just like everything he’s ever been involved in. Boosting that stock now and will dump all his shares the minute he sees an out. Investors will lose their money and he walks away laughing at all the gullible masses."
"The guy was just found liable for "massive" and sustained fraud in New York. I don't think I would invest in any company of his. The only person going to make off of this is Trump. The investors will lose money."
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"Trump Media stock tanks..."
It was around 74 last week and dipped below 47 today.
I'm not dyslexic.
"Trump Media stock tanks..."
It was around 74 last week and dipped below 47 today.
I'm not dyslexic.
It seems this investment isn't 'HUUGE'...
Small-time investors in Trump’s Truth Social reckon with stock collapse
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Small-time investors in Trump’s Truth Social reckon with stock collapse
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Yesterday Trump fell off the Bloomberg Billionaire's Index after joining it for the first time two weeks earlier.