$Trump Media & Technology(DJT)-To The Moon - Tiger Brokers Online Investing Community - To The Moon

$Trump Media & Technology(DJT)$

$Trump Media & Technology(DJT)$ The 8-K filed this morning is the only important piece of new information. The filing says that Trump can sell 36 million shares of this stock at any time after April 25. He is going to sell, as he is not an idiot, and he recognizes that the shares are completely divorced from fundamentals.

The best comp, X (previously known as Twitter) has lost 73% of its value since Musk bought it, according to Fidelity, which just wrote down its stake in the company. Very few shares of $Trump Media & Technology(DJT)$ have been shorted, as the 500-700% borrow rates are prohibitive. Expect that to change in late April, as Trumps shares get dumped into the market.

If Trump were able to sell the 36M shares at today's prices, it would more than double his net worth. He's going to sell those shares, to say nothing of what he'll do once his 6 month lockup ends on his much larger holdings. This is going to be a rough couple of weeks for the shares

How Low Can DJT Stock Go?

DJT lost 35% last week and closed at $37 on Monday trading. This stock is largely dependent on a single individual, Donald Trump, who is undergoing a litany of legal cases. These cases will force him to loan or sell shares of $DJT, which would likely sink the share price. ------------------ What's your target price for DJT? How low can DJT stock go? If Trump loses again what value does he have?

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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This is going to be a rough couple of weeks for the shares</p></body></html>","htmlText":"<html><head></head><body><p> <a data-mention-id=\"DJT\" class=\"teditor-mention\" data-mention-name=\"Trump Media &amp; Technology\" href=\"https://ttm.financial/S/DJT\">$Trump Media &amp; Technology(DJT)$</a> <v-v data-views=\"0\"></v-v></p><p> <a data-mention-id=\"DJT\" class=\"teditor-mention\" data-mention-name=\"Trump Media &amp; Technology\" href=\"https://ttm.financial/S/DJT\">$Trump Media &amp; Technology(DJT)$</a> The 8-K filed this morning is the only important piece of new information. The filing says that Trump can sell 36 million shares of this stock at any time after April 25. He is going to sell, as he is not an idiot, and he recognizes that the shares are completely divorced from fundamentals. </p><p>The best comp, X (previously known as Twitter) has lost 73% of its value since Musk bought it, according to Fidelity, which just wrote down its stake in the company. Very few shares of  <a data-mention-id=\"DJT\" class=\"teditor-mention\" data-mention-name=\"Trump Media &amp; Technology\" href=\"https://ttm.financial/S/DJT\">$Trump Media &amp; Technology(DJT)$</a> have been shorted, as the 500-700% borrow rates are prohibitive. Expect that to change in late April, as Trumps shares get dumped into the market. </p><p>If Trump were able to sell the 36M shares at today's prices, it would more than double his net worth. He's going to sell those shares, to say nothing of what he'll do once his 6 month lockup ends on his much larger holdings. This is going to be a rough couple of weeks for the shares</p></body></html>","text":"$Trump Media & Technology(DJT)$ $Trump Media & Technology(DJT)$ The 8-K filed this morning is the only important piece of new information. The filing says that Trump can sell 36 million shares of this stock at any time after April 25. 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