Ya mean like this - hot off the schill presses:-? Trump is selling $60 Bibles with ‘God Bless the U.S.A.’ singer Lee Greenwood https://www.cnbc.com/2024/03/26/trump-selling-60-god-bless-the-usa-bibles-with-lee-greenwood.html
Move to Politics since it was mentioned immediately that it was NOT political. And it is getting Political with comments.
%% LOLmost of gaps were bid\ ask\going down; but when + if they keep closing the bid\ ask spread'......................................... $9.99 to $99 ATH area, may trade it some more with bid\ ask of 00.20.especially if it can stay above $50.555 or $49.999 or $4.999.......................................... I Know IBD warned dont quibble about a quarter LOL bid\ ask\ but that rule was-is actually from the OLD fraction 00.25 spread daysLOL I like to bear profit off SH , some times SPXU or spxs, not single stock. I consider that dishonest when C[citigroup] attemps to hide its penny stock price area of 61.666[reverse split ten times=$6.1666] Fine /DJT up Well from $9.99/on the charts
It's clearly a giant scam and tops my overvalued shit list, but I still have to follow a process consistent with good risk management. In the past I would have been scalping stocks like this one, but no more. Tape reading has become basically impossible to me since late 2021 so I didn't trade the stock at all today. In fact, I've been completely avoiding IPO's altogether. When stocks become too many sigmas away I leave them alone due to halting risk. Given that this is the ultimate meme and not your random flavor of the week pump I plan to be extra careful and it's possible I miss the trade altogether. I will pay attention to how the chart develops and when the lockup period ends. However, there's a lot at play and if he remains locked up for the next 6 months, he might not want to start selling until after the election as dumping it right before then could damage him politically.
With puts being so expensive (Jan 70P was ~50 today when the stock was 72), is it possible Trump has someone buying puts and selling calls since he can't unload his 80M shares for 6 months? Similar to what Mark Cuban did when he received Yahoo shares? Options volume doesn't seem that crazy but could this be a multi-week attempt to protect part of his billions?
Maybe a more profitable route .. If possible, take delivery of many 1-share physical stock certificates for DJT stock. Regardless what happens to the Duck -- even if convicted, maybe more so -- the certificates likely will be a valuable collectable. To reduce the cost of current $ 6500 + @ 100 x 1-share certificates, sell a call. Might be more profitable in few years, than shorting outright, and/or going long.
To be led by a coward is to be controlled by all that the coward fears. To be led by a fool is to be led by the opportunists who control the fool. To be led by a thief is to offer up your most precious treasures to be stolen. To be led by a liar is to ask to be told lies. To be led by a tyrant is to sell yourself and those you love into slavery.” ― Octavia E. Butler https://en.wikipedia.org/wiki/Octavia_E._Butler