Truth social!! Ting ting ting!! Buzz buzz!!! Beep Bepp!!
Just what I hear when I saw the news! It reminds me of Jim Cramer's crazy sounds on Mad Money. It's highly entertaining and high accurate in an inverse manner (search of Jim Cramer effect).
Hi, this is Daniel again. It's been a while since I last post. March hasn't been good to me, I lost most of the gains I made in a few successive wrong entries. I due it to overtrading, i was overpressuring myself into shortening my swing trade cycle. After a 2 weeks break, I'm back refreshed af!
Back to Truth Social, I will target it at the range of $100 to $120 by Q4. This means potentially double digit gains for the near-mid term.
The hype is similar to that of $Tesla Motors(TSLA)$ in a indirect manner. Going back a couple of years, Tesla was soaring despite having been in deep loss, burning cash, tech issues, production issues, and every other issue that a company can face. However, the stock price at the time only went one director, it is solely based on blind faith is the perceived lord and second coming, Elon Musk and his perceived foresight to bring us into the future world.
After having gotten himself into several troubles over the years eg bringing down twitter, mistreating employees, getting high on live stream, having an affair with amber heard, having an affair with his researcher at neurolink, having another few more affairs, giving his kid a passcode name, etc., the meme overlord is losing his shine and even his latest bid to be at the forefront of the upcoming crypto bullrun has fallen flat. His shares are crashing, X is failing, he's not into AI fast enough despite being a futuristic technopreneur.
Donald Trump in the other hand, had a good rest, rebuilding his street creed again, and most importantly earning the Republican party nomination. With more official videos on Biden turning senile than Trump talking nonsense, it is the golden opportunity for Trump to retest his mantle for presidency. You might think why field Biden if he is losing public opinion, well simply democrat had no choice. As long as Biden pass the health checks, he's good to go for round 2.
You can expect more trash talking by Trump on Truth Social $TRUMP MEDIA & TECHNOLOGY GROUP CORP(DJT)$ . The American media will be tuned in, creating mad number of daily active accounts. All these will last until Q4, when the president election comes. As with most elections, media attention with be off from TS after the election. Before that, it will be going up and up, because share price is based on public sentiments rather than actual performance.
How about you, are you going in or staying on the sidelines?
I know I wouldn't, it's not within my risk appetite.
Have a good weekend! Signing out with a bowl of Keisuke ramen. [Call] [Call] [Call]
@koolgal @財運到財源滾滾到 @TigerEvents @Tiger_comments @Daphew @WilsonTan @lwk @Sonsonkok @Fenger1188 @Nemz5022
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