Despite being bullish on Trump Media, there are a lot of things to be challenged. So what if it's a proxy for the Trump family ? Are you going to miss this opportunity of a lifetime ? Investors should be wary. No Wall Street analYsts cover Trump Media right now. A big bet the company has made on Bitcoin already appears to have gone sour, and it reported a net loss of $54.8 million over the third quarter. Shares are still down 53% for the year despite the recent rally.

There is also plenty of uncertainty about the future of nuclear fusion. Barron’s argued last week that the most likely outcome is that the stock’s gains fade as timelines for fusion technology get stretched out, costs rise, profits prove elusive, and capital gets harder to raise.

It isn‘t as if the shares have ever traded on Trump Media’s underlying fundamentals. They tended to serve as a proxy for Trump’s popularity in the run-up to the 2024 presidential election, before giving up all of those gains.

DJT stock might still make sense for day traders looking to trade off the volatility, but investors planning for the longer term should tread carefully.