Trump Media shares sink to post-merger low as DJT slump continues (msn.com) Dum, da, dum dum, dumbbbbbbbbbb:- ........... But he is barred from selling any of his stock until a six-month lockup period expires on Sept. 25. It is unclear whether Trump is planning to sell any of this stake once he has the option to do so ...........
IBKR has no shares but the borrow rate is only 13%. You think before the lock up it jumps back to 200-300% as shorts get ready to help Trump bust it to $7?
No opinion either way, but it might a case of sell the news (now) buy the rumor (later)? Though eventually the (chitty) balance sheet likely will ..... whiiiiine out.
If you have time to look at UBXG, that is DJT after lockup. $36 to $6. I play these pumps all the time
Not saying it is, but it would be silly to think that is already not priced in no? I don't follow it enough, obviously they have zilch for revenue, so it comes down to math as applied to the current float, the projected float, and the secret phone calls, or face to face's, behind the scenes that commit to promises of "we won't sell." Put the politics aside, and look at it as just another crooked game. No difference between DJT and any of these other BS stocks that go from nothing to plus 800% in a matter of days. I have no opinion, but I thought I should throw that out there for anyone that lands on this thread and smells a "sure thing." What was the name of the album this cut came from again? "Fair Warning?" "Mean Street" At night I walk this stinkin' street Past the crazies on my block And I see the same old faces And I hear that same old talk And I'm searching for the latest thing A break in this routine I'm talkin' some new kicks Ones like you ain't never seen This is home This is Meanstreet It's our home The only one I know And we don't worry 'bout tomorrow Cause we're sick of these four walls Now what'd ya think is nothing Might be something after all Now you know this ain't no through street The end is dead ahead The poor folks play for keeps down here They're the living dead Come on down Down to Meanstreet They're dancing now Out on Meanstreet It's always here and now, my friend It ain't once upon a time It's all over but the shouting I'll come and I'll take what's mine We're searching for the latest thing A break in this routine Talkin' some new kicks Ones like you ain't never seen This is home This is Meanstreet It's our home Only one I know (This is home) See, a gun is real easy (This is Meanstreet) In this desperate part of town (This is home) Turns you from hunted into hunter (This is Meanstreet) Go and hunt somebody down But hear me now, somebody said "Fair Warning!" ~ Lord, strike that poor boy "those poor boys"--- down.
Who the hell in their right mind would buy anything related to Trump, like ths DWAC shit? You'd be better of with CGC. Trust me.