Trump Media & Technology Group: Donald Trump's Win Doesn't Negate This As The Perfect Short
- Trump Media & Technology Group is drastically overvalued, with a projected downside of around 90% due to lack of user growth and significant cash outflows.
- Despite a temporary stock spike from Trump's re-election, fundamentals show declining revenue and worsening financials, making it a prime short-selling opportunity.
- The company's expansion into streaming services is unlikely to generate significant revenue, given the current user base and lack of growth.
- Even with potential growth, the enterprise value per user is far higher than competitors, indicating severe overvaluation and a need for substantial cash flow improvements.
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November 6th was an interesting day for shareholders of Trump Media & Technology Group Corp. (NASDAQ:DJT). Two events occurred within the span of just a few hours that were interesting. Most significantly, it became clear in the early morning hours
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