"Fugayzi, fugazi, it’s a whazy, it’s a woozy, it’s… (WHISTLES) Fairy dust. It doesn’t exist. It’s never landed. It is no matter. It’s not on the elemental chart. It’s not f___ing real. Right?"
Posted on 11/07/2024 6:59:12 AM PST by lasereye
Trump Media & Technology DJT shares were tumbling Thursday. It’s tough to see this particular “Trump trade” lasting now that the U.S. election is over.
The Truth Social parent, which trades under the ticker DJT and is majority owned by President-elect Donald Trump, dropped 14% to $31.10. The benchmark S&P 500 SPX rose 0.4%.
(Excerpt) Read more at marketwatch.com ...
DJT ‘made’ $1B with that stock in one day. The stock market goes up. The stock market goes down.
Profit taking is very normal...one might say it’s the American Way...a smart move.
He becomes President and we help him save our Republic.
buy the rumor, sell the news
Ad sales are probably in the toilet since campaigns have shut down.
X serves my needs now that Elon liberated it. Truth Social is redundant, smaller, and too much of an echo chamber.
I wonder if Elon will just buy it.
The best thing about Trump’s IPO is that liberals live and die by whether the stock price goes up or down.
Sell the news.
It’s a “rule” that is as old as the stock market.
Buy on the rumor, sell on the news.
Now that Trump won, he can’t actually be involved with the company.
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