Posted on 09/24/2024 7:12:39 AM PDT by Eleutheria5
I bought my first ETFs of DJT (the flag ship corporation of Truth Social) months ago at over $30.00. Despite Trump's rise in the polls, two assassination attempts, and loads of revelations about his new opponent's shortcomings, the stock price has slid from that high to $11.75, and each time it slid more, I doubled down and bought more at the cheaper price, which is bogging down my limited portfolio. Now it's finally going up, and at the start of business today rose by about 75 cents and is still rising.
One possible explanation is that some rich, powerful person is deliberately shorting the security. And there's a regular rogue's gallery of rich Trump haters who might do so.
Fortunately, we have some history to teach us a course of action. About a year or so ago, fat cats had decided to short a popular sporting goods store out of existence, and small-time investors on the Robin Hood platform put a stop to it, by consistently buying en masse the stock, forcing the price up. Their rebellion was duly punished, and Robin Hood put a stop to their uppitiness.
But the lesson remains learned, and I propose we do so for our fearless leader's flagship stock as well. It's still at 12.53 a share or thereabouts, climbing up from a low of 11.75 this morning. So those of you who have money to invest, buy some DJT stock now, while it's still cheap. If enough people do so, it will drive the price up even further.
Full disclosure. You'll also be bailing my stagnating margin out of the doldrums in a big way, giving me liquidity to venture on more investments, and grow my wealth, such as it is.
(Excerpt) Read more at google.com ...
Close of trading today, DJT is at $14.13, or plus 1.34, for an increase of 10.48%.
FXMeridian’s ETF platform closed at $14.11, ETF for DJT available at 0.53 GBP a share, subject to swap interest if you hold it for more than a day.
It’s gone as high as $15 over the past few days. It’s a bit expensive for what is essentially a speculative penny stock. I should have bought at $12.
https://robinhood.com/stocks/DJT?source=search
It’s not a penny stock. They have $350m in cash, debt free, just signed an exclusive CDN nationwide agreement and are starting a streaming entity which will be highly desirable in the conservative market
Hopefully everyone bought this when it was under $15. :-)
I’ve been making small change longing and shorting it at every wave. It’s taken off to $54+ today, and then went down for the support wave. I made money each way. Will make more tomorrow, small profits with minimum investment. It’s moving and it’s great.
Cocoa’s surging, too.
Somebody on another thread was happy to sell at 26. They left a lot on the table. Plus there appears to be a fair amount of upside still. Possibly as high as seventy by January,
The shorts lost a lot. Some heavies attempted to hold it down for a long time. They failed. Great news.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.