Posted on 03/26/2024 7:00:29 AM PDT by CFW
Donald Trump's social media platform Truth Social (DJT) surged more than 50% in its first day of trading on the Nasdaq Tuesday morning.
Shares of Trump Media & Technology Group, Truth Social's parent company, were trading above $75 under the ticker symbol "DJT," Trump's initials, just after the market open.
The company merged with special purpose vehicle Digital World Acquisition Corp. (DWAC) in a deal approved by shareholders last week. Prior to the merger, DWAC had been on the public market since 2021.
Trump founded Truth Social after he was kicked off major social media apps like Facebook and Twitter, the platform now known as X, following the Jan. 6 Capitol riots in 2021. He has since been reinstated on the platforms.
(Excerpt) Read more at finance.yahoo.com ...
All the better;D
If the stock goes to $2,333 per share, DJT will be the richest man on Earth. BUY!
That's okay by me. I consider my investment a Trump donation. The only stock I ever bought for purely political reasons. If I profit by it, all the better, but it's worth it to me just to see the exploding heads of the Leftists as Trump increases his fortune by billions of dollars.
Liberal tears
https://twitter.com/EdKrassen/status/1772628899098177842
Does anyone in their right mind really believe that Trump Media & Technlogoy Group Corp. (DJT) is valued at over $13 billion?
Truth Social and Trump Media had just $3.4 million of revenue through the first nine months of last year, and the company lost $49 million over that span.
Redditors on Robinhood likely won’t bid this thing up like they did with Gamestop. I expect a lot of hedge funds to be shorting this stock soon.
How many foreign governments will be manipulating this stock in order to try and get favors from Trump if he’s reelected?
Just imagine if Biden did this in 2020 right before he ran for election.
Bookmark
Few minutes ago, his worth in this was 14 B.
I saw one dude here throwing a hissy-fit over DJT’s Gold Sneakers. He’s probably not taking this well.
“”””That’s okay by me. I consider my investment a Trump donation. The only stock I ever bought for purely political reasons. If I profit by it, all the better, but it’s worth it to me just to see the exploding heads of the Leftists as Trump increases his fortune by billions of dollars.”””
Same for me. I bought DWAC on the first day it traded in 2021 and for the purpose of making a political contribution to DJT and have held those shares since I bought them.
I was in as DWAC and it changed today. Made my money and got out. Thank you Mr President!
From Barron’s ‘...In afternoon trading, shares were up 45% to $72.48. That implies a valuation of about $9 billion for the company. To put that in context, Trump Media is now worth more than New York Times Co., which is worth about $7.1 billion. Donald Trump‘s more than 58% stake in DJT is worth about $5.2 billion...’
AHAHAHAHAHAHAHAHAHAH...!
Liz probably bought a few so she could show up at the Board Meeting and harass him some more.
When I try to look up DJT on the stock market, I get Dow Jones Transportation Average. I use several other symbols and they all work.
What am I doing wrong?
I hadn’t thought of that ... but she’ll be in hostile territory
And some will be looking to even things up ... “Oh sorry, Mrs. Cheney, for spilling my hot coffee all over you”
good- Always like to see folks benefit-
SO MUCH WINNING ! ! ! !
When they banned him on facebook, twitter, etc., little did they think they would make him 4 billion richer at the precise time he’d need those assets.
I sense the hand o God in this.
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[Much more to read, about California and other info.]
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March 28, 2024, at the close, DJT:
61.96
-4.26
-6.43%
I got this email from Truth Social today:
Dear valued Truth Social user,
Your account was inadvertently banned due to a bug in our bot mitigation system that mistakenly identified your account as a bot. We apologize for the error and have fully reinstated your account.
If you’re experiencing issues please log out, close out the app and then log back in upon reopening the app.
Thank you for being part of the Truth Social community. Happy Truthing!
Sincerely,
The Truth Social Team
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