predator007
06-25

$Trump Media & Technology(DJT)$ So the stock price jumps because DJT is getting cash from warrant exercise? I really wonder if retail investors realize how this works?

DJT accepts about $12 and issues a newly minted share of stock worth $35 to the warrant holder, increasing the outstanding shares and diluting each holder's stake.

Shareholder lose $23 per converted share through dilution.

So the company picks up 270 million cash at a share cost of 500 million.

That's some expensive cash. I wonder how many of those warrants are owned by the insiders. [Sad][Sad][Sad][What]

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?
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