Why DJT Could Be Poised for a Breakout – Don’t Miss This Opp.!Here's Why DJT Could Be Ready to Climb:
If you check out the DJT daily chart, you'll notice it recently hit a year-to-date low, which is a significant support level. This is where the selling pressure seems to have reached its limit, and we’re starting to see signs of a turnaround. Momentum is picking up fast, and the overall sentiment around this stock is incredibly strong.
The positive buzz is coming from all angles, and while we may see some consolidation between $30 and $35 as traders lock in profits, the bigger picture looks promising. One major catalyst driving this is Elon Musk, who’s fully backing Donald Trump to win the election. Right now, polls show Trump with 56% support, and if he secures the win, we could witness DJT stock skyrocketing. A potential short squeeze might even push it to all-time highs as short-sellers scramble to cover their positions.
This is one of those rare opportunities to build real wealth during an election period. So, while the momentum is still building, consider taking a position and riding the wave. This could be your chance to capture some serious gains.
Don’t wait too long – be a part of this potential breakout!
DJT trade ideas
Trump Media & Technology Group Stock Surges as Musk Backs TrumpShares of Trump Media & Technology Group (NASDAQ: NASDAQ:DJT ) surged by over 15% on Monday, buoyed by renewed political momentum after former President Donald Trump’s rally in Butler, Pennsylvania, where he appeared alongside Tesla CEO Elon Musk. The event, held just a day prior, saw Musk publicly endorse Trump for president, a move that has energized Trump’s supporters and investors alike. Musk’s endorsement, along with the rally’s broader media coverage, has acted as a significant catalyst for NASDAQ:DJT stock, which has seen a strong uptick in trading volume and investor interest.
Musk-Backed Momentum and Media Buzz
The rally in Butler marked a high-profile return for Trump to the site of a previous assassination attempt in July, with Musk's appearance further amplifying the media attention. In his 90-minute speech, Trump spoke at length about his vision for the country, while Musk labeled himself “Dark MAGA” and expressed strong support for Trump’s re-election, stating, “President Trump must win to preserve the Constitution.” This public backing by one of the world's most influential tech entrepreneurs has provided a jolt to NASDAQ:DJT , which had previously been on a steady decline.
Adding to this momentum is the recent U.S. Supreme Court dismissal of a lawsuit filed by Musk’s X Corp. The lawsuit alleged that Special Counsel Jack Smith violated the First Amendment in obtaining a search warrant for Trump's communications on Twitter. The dismissal was seen as a victory for both Trump Media and Musk, helping to restore some investor confidence.
However, challenges remain. Trump Media recently revealed in regulatory filings that its Chief Operating Officer, Andrew Northwall, resigned in late September, marking yet another leadership shake-up within the company. Additionally, the firm is set to release nearly 800,000 shares of its stock to an early investor, per a Delaware judge’s ruling. Despite these internal challenges, the company’s chief product, Truth Social, continues to depend heavily on Trump’s popularity and his continued presence on the platform.
Technical Outlook
Technically, NASDAQ:DJT appears to be in the early stages of a potential bullish rebound. The stock is currently up 10.67% as of this writing, capitalizing on the rally’s momentum and Musk’s endorsement. However, NASDAQ:DJT has been in a falling trend pattern since its all-time high (ATH) back in March 2024, signaling a long-term downward trend.
The Relative Strength Index (RSI) stands at 54.54, indicating that the stock is not yet overbought and has room to grow further. This gives traders optimism that the stock could continue its upward trajectory. A key concern, however, is that NASDAQ:DJT is still trading below critical moving averages (MAs), particularly the 50-day and 200-day MAs. These levels represent important resistance points that NASDAQ:DJT will need to break through to confirm a sustained bullish reversal.
Price targets suggest that the next major pivot for the stock is set at $33, aligning with the 200-day MA. Should NASDAQ:DJT continue to capitalize on its recent gains, breaking through this level would be a strong indicator of further upward movement. However, until the stock moves above these key averages, caution is warranted as NASDAQ:DJT remains vulnerable to retracement.
Outlook: Political Tailwinds Could Drive Future Gains
The rally in Butler, Musk’s endorsement, and recent legal victories have given NASDAQ:DJT a fresh boost of momentum, but the stock still has significant hurdles to overcome. Investors are eyeing the upcoming 2024 election cycle as a potential catalyst for further gains, particularly if Trump’s popularity continues to rise.
While the stock is still trading below its key moving averages, the formation of a bullish pattern and steady RSI suggest that there may be room for further upside. As NASDAQ:DJT recovers from its post-March lows, long-term investors and traders will be watching closely to see if the stock can break through the $33 resistance level, which could signal a full-blown reversal of its current trend.
For now, NASDAQ:DJT is riding a wave of political and media momentum, and the road ahead is one of cautious optimism. Investors would do well to keep an eye on both Trump’s political fortunes and the company’s internal management developments as key factors that will influence the stock’s trajectory.
Trump Media & Technology Group Sees Relief – What’s Driving it? Trump Media & Technology Group (Nasdaq: NASDAQ:DJT ), the parent company of the social media platform Truth Social and operator of the Truth+ TV streaming service, has seen a sharp recovery in its stock price after hitting its lowest point since its SPAC merger in March. With recent developments and a surge of 8.95% in its stock price, the company's expansion into multi-site content delivery networks (CDNs) is drawing significant attention from investors.
Expansion Overview
At the core of this recovery is the strategic expansion of Truth Social’s custom-built content delivery network. TMTG’s CEO, Devin Nunes, recently announced that the CDN, which powers Truth+ TV, is now operational at multiple geographic locations across the country. The expansion is a significant step for the company, as it enhances its ability to deliver streaming content more efficiently and reliably. This distributed content network will allow Truth Social to stream news, Christian content, and family-friendly programming at scale, all while operating on its proprietary software infrastructure.
As Nunes highlighted, this is consistent with Truth Social’s vision to become a platform that promotes free speech and remains outside the control of Big Tech. The company plans to introduce stand-alone apps for Truth+ TV soon, further expanding its reach and user engagement. This streaming expansion has breathed new life into the stock, helping NASDAQ:DJT recover from its prolonged downtrend.
In addition to the technical advancements, NASDAQ:DJT 's recent stock surge can also be attributed to large-scale investor movements. United Atlantic Ventures LLC, a major shareholder, offloaded nearly its entire stake in the company. Despite this move, the stock rallied 7% following the news, suggesting that investors are optimistic about the company’s future direction and are focusing on its long-term growth potential rather than short-term shareholder exits.
Technical Outlook
From a technical perspective, NASDAQ:DJT has been stuck in a persistent downtrend since its all-time high in March. The stock had been trading within a falling trend channel for months, facing resistance and failing to break out of its downward trajectory. However, the recent price action has provided a glimmer of hope for bulls.
In Tuesday’s trading session, NASDAQ:DJT was up 0.83%, with the Relative Strength Index (RSI) sitting at 44.33. While this is still below the midpoint of 50, indicating neutral momentum, it suggests that the stock may be on the verge of breaking out of its bearish trend. The RSI is also no longer in oversold territory, signaling that selling pressure has eased.
On Monday, NASDAQ:DJT surged 8.85% following the announcement of the multi-site content delivery network for Truth Social. This move has marked a potential reversal in the stock’s price trajectory, especially as the company’s efforts to expand its streaming capabilities seem to be resonating with investors. However, the stock still faces resistance levels, with traders watching for a sustained break above recent highs to confirm a full reversal.
Challenges and Future Outlook
Despite the recent recovery, Trump Media (Nasdaq: NASDAQ:DJT ) has faced significant hurdles in 2024. One of the notable challenges was the reduction of stakes by co-founder Andrew Litinsky, who now owns only 100 shares through his investment vehicle, United Atlantic Ventures. This move initially raised concerns among investors, contributing to the stock’s decline earlier in the year. Additionally, competition in the streaming space is fierce, and Truth Social’s goal of building an uncancellable, proprietary streaming platform puts it in direct opposition to some of the largest tech companies in the world.
However, the company’s vision and its clear steps toward executing that vision have brought optimism back to the market. Truth Social’s infrastructure expansion and its focus on free speech and uncancellable content could attract a dedicated user base. Moreover, the launch of stand-alone apps for Truth+ TV could serve as a major catalyst for both user growth and stock price appreciation in the coming quarters.
Conclusion
Trump Media & Technology Group ( NASDAQ:DJT ) has managed to stage a promising recovery, driven by its strategic expansion of Truth Social’s content delivery network. While the company has faced challenges throughout 2024, the recent surge in stock price and improvements in its streaming infrastructure point toward a brighter future. Investors will be closely watching the stock’s ability to maintain momentum and break through key technical resistance levels.
With Truth Social’s goal to become a fortress of free speech and the upcoming launch of standalone apps, NASDAQ:DJT has the potential to regain favor among both retail and institutional investors. However, caution is warranted as the stock is still vulnerable to volatility, particularly if the broader market turns or if the company faces further headwinds. For now, the improvements is painting an encouraging picture for $DJT.
We have a WINNERUnited Atlantic Ventures, a significant shareholder in Trump Media
, has sold nearly 11 million shares in the company, according to a regulatory filing Thursday, weeks after a federal judge cleared the way for the transaction.
The move left UAV — an investment partnership of former “Apprentice” contestants Andrew Litinsky and Wes Moss — owning just 100 shares in Trump Media, which operates the Truth Social app.
But the price range that DJT shares has traded at during that time – which saw unusually heavy trading volume — suggests that UAV would have received between $128 million and $170 million for its stock.
DJT I’ll buy that for a dollarHi ladies and gentlemen, I postulate that DJT searches for a fresh low. Based on the volume profile, we have a “half-node”. Once you have a nice round bell-curve in the volume profile, then you are ready for the next leg up or down. The price moves toward the VPVR shelf - that, you can bet. No reason why DJT does not drop to one US dollar to find that low, because it is within the range - based on the price formation and volume profile which alludes to $1.
DJT trade , pocket the stupid election FibFun
This is what I found in most bullish and bearish retracements , once you get 100% retracement of up or down move then next level is normally 1.618. If it retrace up to 50% after 100% then it's even more bullish, if it goes under 50% after 100% then it's super bearish. Have fun finding 50-100% fib retracements.
Money over Politics - Donald Trump Verdict - DJTDJT - How will the Donald Trump Trial verdict impact the stock price for Trump Media & Technology group ( NASDAQ:DJT ) ? No matter the outcome of the trial we are expecting volatility in the stock price. There could be major swings either way. There are really only two outcome to consider. 1. He will be found not guilty (stock goes through the roof). 2. He will be found guilty but not go to prison because of his service as the United States President (avoids a supreme court battle over what prison could hold a former President under secret service protection). In this case, the bigger question will be if the SEC will allow the stock to trade if a key person is convicted of a finance related felony. Could the stock be halted or delisted? What are your thoughts?
Is the stock heading to $0?If for some reason you're still enamoured with this stock you need to read this article by Motley Fool
Written by David Jagielski for The Motley Fool ->
Trump Media & Technology Group (NASDAQ: DJT) has been one of the most polarizing stocks to own this year. When the optimism surrounding Donald Trump's chances of winning the presidential election was high, the stock was doing well. But when the outlook changed, the stock quickly went into negative territory.
What's sometimes forgotten is that there's a real company behind the stock, not just the former president. Trump Media may not be much of a business right now, but its fundamentals are still the ultimate reason why investors should consider investing in the stock or not.
However, the company's future is uncertain, and a lot seems to be hinging on whether the former president gets elected this year. Is this stock too risky to own? Could it ultimately be headed to $0?
It has the classic signs of a meme stock
Trump Media generates minimal revenue, and the social media platform Trump Social isn't exactly taking off and giving other social media stocks cause for concern. As is the case with other meme stocks, factors outside of the company's core operations impact its share price, not its fundamentals.
When President Joe Biden announced he was dropping out of the election in July, shares of Trump Media stock proceeded to fall, as speculators likely saw worsening prospects for Trump winning against Democratic candidate Kamala Harris than they did against Biden. Since that announcement on July 21, Trump Media has lost half its value.
Another feature of a risky meme stock is that there are often plenty of short-sellers betting against it. The stock has averaged a fairly high short interest of more than 7% this year, and that percentage has been rising in recent weeks.
This opens the door to a possible short squeeze if speculators become more bullish on Trump's chances, which would add to the overall risk and volatility that may come from owning the stock.
The fundamentals are what matter, and they aren't great
Trump Media doesnt reportuser metrics -- likely because they aren't all that impressive. After all, they could help give investors a reason to buy the stock if they were good. At least they could provide investors with the hope that there's potential for the platform to draw interest from advertisers down the road, even though the business isn't profitable today and revenue isn't strong,
I always look at the information a company leads with when it reports earnings, as that can help indicate what it thinks is most important for investors to focus on. For an unprofitable company, it might be user growth or some other metric to suggest it's doing well, such as shrinking losses.
In Trump Media's August press release announcing earnings, the top bullet point was that it had $344 million in cash and no debt on its books. That's not exactly exciting for growth investors. Simply having a lot of cash doesn't make a business worth investing in, especially if it's not generating much revenue and burning through money -- as is the case with Trump Media.
An average investor who's looking for a quality stock would likely pass on Trump Media stock because there isn't much substance behind it. At this point, it's largely a speculative play.
Is the stock heading to $0?
Trump Media stock could rally if speculators believe Trump's prospects for winning the upcoming election look good and become more bullish on his chances. That would still be a short-term reason to bet on the stock -- not to invest in it for the long term.
A short-term move fueled by election hopes wouldn't change the fundamentals, which are what matter most for investors. If the business isn't demonstrating meaningful growth in its operations, isn't profitable, and isn't generating positive cash flow, there's little reason to expect the stock to go anywhere but down.
These are the reasons I think Trump Media stock ultimately will get to $0. It just may be a matter of how long until it gets there and what path it takes.
Almost thereOnly 3.80 $ to go before DJT breaches the lowest price that ever traded! (9,90$). The good thing of the insiders are free to sell now, the increased in the float of short-able stock is an awesome thing. Beer is chilling for that day. Oh wait ! did you hear that creaking noise..... it's all the rats running for the same exit off the ship.
Truth Social’s Parent Company Stock Tumbles: What’s Behind This?Shares of Trump Media & Technology Group (NASDAQ: NASDAQ:DJT ), the parent company of Truth Social, continue to slide, dropping another 6.19% on Friday. Since its public debut, the stock has faced turbulent waters, once reaching highs of $70 but now sitting around $14.70. So, what’s driving this steep decline?
The Lock-Up Period Ends, Investors Brace for Impact
The most recent catalyst for the sell-off? The expiration of a lock-up period for insiders, including former President Donald Trump, who owns a 57% stake in the company. Lock-up periods are designed to prevent insiders from selling their shares immediately after an IPO or SPAC merger, but once they expire, large shareholders are free to sell off their positions—potentially flooding the market with stock.
Though Trump assured investors he has no intention of selling, with statements like, "I don’t want to sell my shares" and “It is my intention to own this stock for a long period of time,” uncertainty still looms large. Many investors fear that if Trump or other insiders were to offload shares, it would tank the already battered stock even further.
The Political Influence
NASDAQ:DJT ’s stock performance has always been closely tied to political events. The stock initially surged following Trump's debate with then-President Joe Biden and the subsequent political drama surrounding both parties. However, the political climate has shifted, and the stock has struggled to find its footing, especially with President Kamala Harris now leading the Democratic ticket.
These political shifts have weighed on the stock, especially as Truth Social’s role in the broader media landscape has come under scrutiny. Although the platform was designed as a conservative alternative to Twitter, the stock's performance suggests that the platform hasn't captured as much market share or user engagement as anticipated.
Technical Outlook:
On the technical side, NASDAQ:DJT is showing significant signs of distress. The stock has entered oversold territory, with a relative strength index (RSI) of just 27. Typically, an RSI below 30 signals that a stock is oversold, meaning it could be poised for a bounce. However, there's little sign of a reversal, with the daily chart revealing a death cross pattern—a bearish signal that occurs when the 50-day moving average crosses below the 200-day moving average.
This death cross, combined with the fundamental uncertainty surrounding the stock, has created a perfect storm of downward pressure. Investors are increasingly wary of NASDAQ:DJT , particularly as there is no clear path forward for reversing the current trend.
A Grim Picture
While technical analysis shows bearish signals, the fundamentals offer little relief. Since its listing, Truth Social has struggled to maintain consistent user growth and advertising revenue, two critical factors for sustaining a social media platform. Despite its high-profile beginnings and its positioning as a conservative voice in social media, it hasn’t been able to generate the kind of traction needed to sustain long-term growth.
Furthermore, Trump Media & Technology Group’s value largely hinges on the public's and investors' continued belief in its future. Given the end of the lock-up period and looming uncertainty about insider intentions, the stock is facing even more downward pressure.
What Lies Ahead?
So, where does NASDAQ:DJT go from here? With political uncertainty, insider selling fears, and bearish technical signals, the stock faces an uphill battle. The lock-up period expiration could potentially bring more selling pressure as insiders have the freedom to cash out. If Donald Trump and others decide to hold their shares, as they’ve suggested, it may stabilize in the short term. But the long-term outlook remains cloudy.
For risk-tolerant investors, the current oversold conditions might seem like a buying opportunity. However, with the death cross pattern on the charts and ongoing market volatility, the risks may outweigh the rewards. Until NASDAQ:DJT can demonstrate stronger fundamentals, both politically and financially, it’s hard to make a bullish case for the stock.
In the meantime, investors should buckle up— NASDAQ:DJT 's rollercoaster ride may be far from over.
Will NASDAQ:DJT rebound, or is this the beginning of the end for Trump’s media empire? Investors should keep a close eye on the coming weeks to see how the stock reacts to insider actions and political developments.
Review of several markets including Bitcoin we took a look at soybean oil... it's probably a buy with a small stop if you're not already in. I forgot to include gold and silver. The gold made a new high today and I would be concerned about a correction lower. I'll put a chart up later today or tonight Coffee looks like it's heading for all time highs.
Trump Media & Technology Group ($DJT) Surge 18%Shares of Trump Media & Technology Group ( NASDAQ:DJT ) saw an 18% surge after Donald Trump reaffirmed his commitment to the social media platform **Truth Social**, stating that he isn’t selling his majority stake and will remain on the platform. This comes as a key moment for both the company and its investors, especially with upcoming opportunities for Trump and insiders to potentially sell shares.
The Whole story
The rise in NASDAQ:DJT stock can be attributed to Trump’s strong influence, given that he owns 57% of Trump Media, making his stake worth around **$2 billion** after the recent stock surge to **$17.89**. However, the company's fundamentals tell a different story. Trump Media, despite once having a $10 billion valuation, has faced declining share prices, especially as political uncertainties and Trump's legal issues have surfaced.
Revenue Concerns:
Trump Media’s revenue performance is relatively modest, equivalent to just two Starbucks outlets, generating a loss of **$869,900** in the quarter ending June 30. This shows a significant disconnect between the company’s stock market valuation and its actual earnings. This highlights the speculative nature of the stock, which often sees spikes based on news related to Trump, rather than strong underlying business performance.
Market Valuation:
At a **$3.6 billion** valuation, many strategists argue the stock is overpriced based on its fundamentals. The business itself lacks robust revenue streams and has been categorized as a high-risk speculative investment tied heavily to Trump’s political future.
Key Upcoming Events:
- Insider Selling: Trump and other insiders will soon have the opportunity to sell shares after September 20 if the stock price holds above **$12**. There’s anticipation that if insiders start selling, the market may see a flood of shares that could drive the price down, although Trump’s announcement that he won’t sell could stabilize the situation for now.
- Elections Impact: Investors are closely watching the outcome of the **2024 U.S. presidential election**. Trump's success or failure could have an enormous impact on NASDAQ:DJT , as the stock is largely seen as a speculative bet on his political chances. If Trump were to win, there’s potential for a significant rally in stock prices due to renewed market confidence.
Technical Outlook
As of writing, NASDAQ:DJT stock is up **11.91%**, reflecting optimism from Trump’s statement. Here’s a breakdown of the technical indicators:
- RSI (Relative Strength Index): Currently at **37**, indicating that the stock is still in the oversold territory, though moving towards a neutral stance. The RSI suggests there could still be some volatility ahead as the stock struggles to break out of its long-term downtrend.
- Trend Channel: NASDAQ:DJT has been in a falling trend channel for some time, struggling to sustain a bullish reversal. The appearance of a bullish hanging man pattern on the daily chart offers some optimism for a potential upward move.
- Support and Resistance: Key support is observed at **$12**, while the next major pivot point lies at **$30**. For a more sustainable bullish reversal, the stock needs to break this $30 resistance. A successful rise to this level could lead to a larger rally, especially if linked to positive political developments for Trump.
- Market Sentiment: Retail traders dominate NASDAQ:DJT , which has led to significant volatility. Positive political sentiment around Trump, such as his participation in the upcoming election, could drive further rallies, but there are risks of price pullbacks if sentiment shifts or if large-scale insider selling begins.
Conclusion
While NASDAQ:DJT shows signs of bullish momentum following Trump’s statements, its underlying fundamentals raise concerns. Investors should remain cautious, given the speculative nature of the stock. The upcoming election and potential insider stock sales are key catalysts that could either drive the stock to new highs or cause significant declines. A rally to the **$30 pivot** would mark a crucial point in its recovery, but this largely depends on external political factors and market sentiment surrounding Trump’s presidential bid.
Time to Wake up (Part 2)False equivalencies :
1) DJT staffed with the best
* CEO Devin Nunes with no relevant experience except for being Trump's lackey in congress
* The U.S. Securities and Exchange Commission (SEC) has accused Patrick Orlando, former CEO of shell company Digital World Acquisition Corp, of breaking rules by issuing false and misleading statements.
The SEC said Orlando had failed to disclose to investors that DWAC had formed a plan to acquire Trump Media & Technology Corp.
The SEC's complaint alleges that Orlando, in his capacity as chief executive and chairman of Digital World, falsely represented that the company had no prior discussions or contacts with potential merger targets.
2) Legit business
* Russian finance
According to The Guardian, in December 2021, two loans totaling $8 million (~$8.87 million in 2023) were paid to Trump Media from obscure Putin-connected entities as the company was "on the brink of collapse". $2 million was paid by Paxum Bank, part-owned by Anton Postolnikov, a relation of Aleksandr Smirnov, a former Russian government official who now runs the Russian maritime company Rosmorport. $6 million was paid by an ostensibly separate entity, ES Family Trust, whose director was the director of Paxum Bank at the same time. As of March 2023, prosecutors in the US Attorney for the Southern District of New York were investigating the Russian ties.The Washington Post reported that Trump Media paid a $240,000 finder's fee as part of the arrangement, allegedly to a party associated with Digital World.
3) Honest Reporting
* DJT auditor BF Borgers, Trump Media & Technology Group’s independent accounting firm, was charged by the Securities and Exchange Commission with widespread fraud and accused of operating a “sham audit mill.”
The SEC accused BF Borgers of “deliberate and systemic failures,” including “fabricating” audit documentation and falsely representing to clients its work would comply with accounting standards.
4) Large Investment banks believe in DJT
* They only hold the shares as they are mandated to do so by the SEC after the DJT was included in the Russell 1000, 3000. Any company that sells index funds that track that index must buy shares within the index, example : www.ishares.com
Looks for holding and enter DJT.
5) Executives believe in the company
* See Time to Wake up part 1, all the execs are dumping ship as soon as they can, as apposed to accumulating at such supposed low price. Trump is currently figuring out on how to extract money from the company without creating a mass exodus. This will be the last nail in the proverbial coffin.
DJT might flyDJT (Trump Media)
Short Interest % Float 15,93 %
Off-Exchange Short Volume Ratio 57,52 %
With the upcoming political events and elections and this stock being a potential investment vehicle for allies, and also considering how far the stock has been sold down by now, this seems like an ideal candidate for a massive short squeeze.
Disclaimer: This idea is not intended as investment advice and should not be interpreted as an offer to sell or a recommendation to purchase any asset. Any decisions made based on the information presented in this idea are the sole responsibility of the individual. All investment decisions should be made independently, taking into account your financial situation and objectives.
DJT: Target box hittingWatch price take off like a bat outta hell before it breaches 15.23, the log bottom to this box. Held this area for some time for all kinds of reasons, gaps, structure, fibs, intuition, and a general affinity for the number 17. Let's see if my patience will pay off. bought yesterday and this morning.
Time to wake up Bottom line, longs need to be honest with themselves and stop posting the delusional chart patterns of a monster bounce coming. The table below is the NASDAQ ( public info, investors don't do their due diligence to look this up) insider activity report, as you can see in March the officers of the company granted themselves shares at NO COST and immediately filed sell order once the lock up expired in Aug. So, who do you think paid for this ultimate grift ? You did ! they don't believe in the company only in lining their pockets with your money. The ONLY reason Trump hasn't sold yet is that he knows if the KING rat bails ship the grift is over and so called investors will tank the share price during the mass exodus. In other words, be honest with yourselves the ONLY way you get any type of return is by declaration of a loss on your taxes to offset capital gains you may have and view this as only a political contribution and kiss your money good buy.
Insider Relation Date Order/Shares Price
NUNES DEVIN G. Officer 8/22/2024 Sell 27,846 $22.70
NORTHWALL
ANDREW Officer 8/22/2024 Sell 3,467 $22.70
GLABE SCOTT Officer 8/22/2024 Sell 4,083 $22.70
JUHAN PHILLIP Officer 8/22/2024 Sell 84,941 $22.70
NOVACHKI
VLADIMIR Officer 8/22/2024 Sell 7,801 $22.70
TRUMP DONALD J
Beneficial Owner (10%) 4/26/2024 NOM 36 M $0.00
NUNES DEVIN G. Officer 3/25/2024 NOM 115,000 $0.00
JUHAN PHILLIP Officer 3/25/2024 NOM 490,000 $0.00
GLABE SCOTT Officer 3/25/2024 NOM 20,000 $0.00
NORTHWALL
ANDREW Officer 3/25/2024 NOM 20,000 $0.00
(NOM) : Acquisition (Non Open Market)
$59 target with bullish abcd Looking at NASDAQ:DJT heading into the 2024 election. I decided to take a position.
1) AD/MONEY Flow oversold on the daily chart. It also bottom out with the rsi..
2). Bullish abcd set up on a previous resistances level.
3) AD/MONEY flow would have to breach the 2023 level and it hasn't. Current levels show a support
Time frame 3-6 months, buy the dips
NOT TRADING OR FINANCIAL ADVICE
Still not worth the risk trading at 1,000 multipleEven at its current levels, Trump Media's market capitalization of $4.2 billion is about 1,000 times the company's total 2023 revenue of $4.1 million. The company posted a 2023 loss of $58.2 million.
In the second quarter, Trump Media reported a loss of $16.4 million and $837,000 in revenue.
With one of the most high-profile politicians in recent history at the core of its business, Trump Media's stock has drawn investment based more on its social-media buzz than its fundamentals - functioning as something of a meme stock for Trump's popularity.
Rats are starting to jump shipIf Nunes actually believed in the company he's director of , ya think he'd be buying at this price..... but NO actions speak louder than words in a meaningless press statement.
Devin G. Nunes, Director, CEO, President, Chairman, on August 22, 2024, sold 27,846 shares in Trump Media & Technology Group
DJT
for $632,104. Following the Form 4 filing with the SEC, Nunes has control over a total of 87,154 shares of the company, with 87,154 shares held directly
Russia to provide temporary residence to people trying to flee 'Synopsis
President Vladimir Putin has signed a decree allowing foreigners who oppose neoliberal ideals in their own countries to seek refuge in Russia, where traditional values are upheld. The new policy permits these individuals to apply for temporary residence without needing to meet certain requirements, such as demonstrating knowledge of the Russian language or history.
Read more at:
economictimes.indiatimes.com
Where Trump and the boards of DJT are heading after they loose the election.
“Why are we well positioned? Because we have no debt"Nunes forgot 1 important thing. With Trump whaling and failing he already thrown Truth Social under the bus for a bigger megaphone on X ! With less revenue than a Chick-fil-A franchise and loosing 16M per quarter this bloated 4 Billion value will crash to reality....