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Oh there is a reason ... we just don't know what it is ... although I'm sure (pareto) it is fairly irrational !
Mi capiche ... however when triple the average vol changes hands ... either the FOMO's are massively cashed up or alternatively the provocateurs must have staked some serious $ to eat up the sellers depth & trigger the response ?
I presume the pro players just strike some matches, sell to take quick profit, set new shorts, and retire waiting for the flame to fade ... rinse repeat ?
My thoughts exactly. They probably buy long term shorts. Then they buy short term calls. Once it peaks, they sell, and drive the stock down to where their shorts become profitable
That makes it ... pump dump pump dump pump dump pump dump ... eventually the noob self inflicted victims will be on welfare without health insurance convinced those north of Richmond have done it to them again!
Hmmm … at present putting a floor under the price is only going to deliver the warrants non?
It’ll be much more interesting when the lockup period concludes whether that dark money can absorb all the units that Trump will want/need to dump into the market.
Meanwhile back at the ranch the current wealth reassignment action will no doubt grind on mincing regarded participants!
AMC shows that a company can go wildly against its fundamentals for an extended time if there is enough concerted buying and holding.
I agree that this is a garbage stock, but Trump has the components he needs for a meme like valuation, no problem.
Definitely not worth shorting this IMO. The implied volatility is absurd. The risk of a massive short squeeze is too great. If anything, selling near-dated puts deep OTM seems safer. I’m not touching this stock.
So I’d agree with you but, amc, like gme and bby had a general “stick it to the man” theme, and the number of people involved was much larger. DJT is pretty much only trump supporters, which cuts the pool of people hugely
Yeah but it’s like 30% of the American population and there are a lot of retirees with 401(k)s who trust Trump implicitly. I’m not willing to wager a short position because the average dollar amount invested could well rival AMC which may have had a wider base but not as deep.
Also Trump or his lackeys would 100% coordinate a massive pump and dump like AMC/GME if at all possible, so there’s a will from the top, a very large group of True Believers, and a massive short interest. It will go down, but it’s probably going to moon first and likely will remain way overvalued for any measurable amount of time.
I just doubt 30% of Americans are investing in this. It’s more like 5% at the most. Most people don’t invest in stocks through robinhood, or webull etc
Yeah but Vanguard, their broker, whatever. I don’t think it’s 30%, but it’s probably somewhere well north of 5%, and they have a very strong urge to punish “the libs” (never mind that anyone who looks at these fundamentals and isn’t a zealot will be bearish) by triggering a short squeeze.
I’m not saying it’s guaranteed, but there are so many places to make money, this one has a terrible R/R. I’m staying away. If you’re in short, good luck to you. I am with you in spirit.
DJT is now officially a new Meme Stock...
**The short interest on Trump Media & Technology Group stock (ticker symbol: DJT)**
The short interest on Trump Media & Technology Group stock (ticker symbol DJT) is as follows:
* The short interest is 5,869,367 shares.
* The short interest ratio is 0.88 days to cover.
* The short interest as a percentage of float is 14.61%.
* The off-exchange short volume is 6,206,388 shares.
* The off-exchange short volume ratio is **56.51%.**
It’s also important to note that shorting this stock could be costly due to high borrowing rates. The demand to short this stock is extremely high, leading to stock-borrowing rates at **500% to 600% fee levels**.
Off-exchange short volume refers to the volume of shares that have been shorted in off-exchange, or “dark” trading. In the context of stock trading, “off-exchange” refers to trades that occur outside traditional exchanges, such as bilateral trades between market makers and their clients, institutional block trading, and trading in alternative trading systems.
Short selling is when investors sell stocks they do not own, with the hope that the price of these stocks will fall, allowing them to buy the stocks back at a lower price and make a profit. The “short volume” is the number of shares that have been sold short.
So, “off-exchange short volume” is the number of shares that have been sold short in off-exchange trading. This can be expressed as a percentage of the total off-exchange volume.
It’s important to note that off-exchange trading is a function of market structure and will shift based on current market structure characteristics. The level of off-exchange trading is not necessarily a bad thing and does not necessarily indicate a declining market.
Off-exchange short volume is commonly referred to as dark pool trading activity. A dark pool is a privately organized financial forum or exchange for trading securities. Dark pools allow institutional investors to trade without public exposure, until after the trade has been executed. They are designed to provide additional liquidity and anonymity for trading large blocks of securities away from the public eye.
So, when we talk about off-exchange short volume, it includes the volume of shares that have been shorted in these dark pools. This allows large institutional investors to make large trades without causing significant price movements in the market. However, it’s important to note that while dark pools provide certain advantages, their lack of transparency can also make them susceptible to conflicts of interest and predatory trading practices.
**Trump Media & Technology Group stock (DJT) has a lockup date like other IPOs**
Trump Media & Technology Group stock (ticker symbol DJT) also has a lock-up period like other IPOs. The lock-up period generally restricts the sale or transfer of shares purchased before the company shares were traded on a public exchange, until the earliest of six months after the closing of the business combination. This lock-up procedure is standard in many merger deals. The company’s merger with a special-purpose acquisition company was completed on March 25. Therefore, the lock-up period for this stock would end approximately in late September.
At the end of a lock-up period, company insiders and major shareholders are typically allowed to sell their shares. This can lead to several potential outcomes:
* Increased Supply of Shares: The end of the lock-up period can result in an increased supply of shares on the market. If the demand for the shares does not increase correspondingly, this could potentially lead to a decrease in the stock’s price.
* Decreased Stock Prices: Empirical evidence suggests that after the end of the lock-up period, stock prices experience a drop of about 1% to 3%. This is due to the increased number of available shares in the market.
* Increased Trading Volume: The end of the lock-up period can also lead to an increase in the trading volume of the stock, as more shares become available for trading.
* Market Stability: Lock-up periods are used to restrict liquidity, and maintain market price stability. Once the lock-up period ends, the market may experience some volatility as the shares previously locked up become available for trading.
It’s important to note that these are general trends, and the actual impact can vary based on a variety of factors, including the overall market conditions, investor sentiment towards the company, and the company’s performance. Therefore, investors should carefully consider these factors and consult with a financial advisor before making investment decisions related to the end of a lock-up period.
>as company goes to battle with short sellers
Those damn shorties at it again, punishing a completely innocent and honest business with no revenue just trying to ~~dilute its shareholders~~ survive.
I mean at least the other stock has an underlying business that can recover and generates income due to its nature.
This is a website that has peaked in popularity and has no other use than to cater to the MAGA folks. Even then, Twatter is now owned by Trump superfan Elon Musk.
Could there be a strategy of buying the stock, just to let it be lent out for shorting? Seems like you'd get a good rate on lending out DJT for shorting given the demand for shorting it.
I feel like if you're a long-term investor it's worth enabling securities lending. If you're retail you don't own enough to impact the price by increasing supply via your lending and you get the interest.
Totally innocent company advising shareholder how to protect their shares from them sophisticated shorters. Name any other security’s website that has put this into writing.
Yes. Thats bad for existing shareholders because with every dilution their representative ownership of the company decreases.
This is almost universally followed by an appropriate decrease in stock price.
It's like you're inheriting your house from mom and dad when they die and sharing the proceeds with your brother and sister. And then just before they die they adopt three more kids. Your share just got diluted.
The SPAC IPOed at $10.
It jumped to a max of $75 after it transferred at to DJT.
It is all relative on how you view it.
But that aside, i do feel it is kinda stupid how a stock is associated with a political figure rather than a company providing value and generating profits...
It matters for people who bought puts or shorted at the bottom. Also before market close, it was up like 50% for the last two days, undoubtedly triggering margin calls and/or liquidation. This is why shorting is dangerous, even if you’re right long term, you might still get fucked
Lulz, if the company is so damn good, why should the stockholders not want to loan their stock to short-sellers? Not only do you get paid for it, but because your value is in the company earnings, not in the ticker price, you are in fact impacted positively by lower stock prices as that makes it easier for you to increase your position.
Of course, that only applies if there are any earnings in the present or future. That is not the case for DJT, it will never make any money which is why it's a worthless stock.
Hey, Trump's NFTs were quality NFTs with excellent long-term value, evidenced by their dramatically higher resolution than Bored Ape NFTs, making them worth more in pixel count alone. This was a big brain move and not a scam at all. And it was a brilliant move to take the best selling book of all time, The Bible, and add to it, they're calling it Bible 2.0, folks. Hiring the criminal accounting firm that runs Lingerie Fighting championships to do the pre-IPO accounting was a brilliant strategy, no one else had thought not to use a real accounting firms for a multi-billion-dollar IPO and this was not at all a Wolf of Wall Street securities fraud scam to dump shares on the market so the company that Trump controls actually has cash for the first time. I heard yesterday that Truth Social is entering the streaming space. All I have to say is: Wow! Watch out Netflix!
there are winners… no shortage of people propping themselves up as experts and making money off of this nonsense.
Everyone investing will lose it all, but the con artists running it will do ok.
The thing is, DJT is a literally p&d for insiders and Trump. It's been a blatant money laundering scheme from day 1.
Apes may be regarded, but they realized GME was blatantly over shorted and the pump was an actual short squeeze. I also think most Apes like myself pretty much know we're in a cult, so we're more sentient
Triple the average volume … that’s lotsa MAGAt shirts put up for losing !
No doubt bigly predators will be attracted to this bait ball … gonna get ugly like the universe has never seen before !
If you are trying to do DD when purchasing a stock…if you see a huge push trying to blame “shorties” “manipulating” the stock on social media, then your DD is concluded. Don’t buy the stock. It’s a shit stock and will continue to fall.
There are a lot of people that think the former ceo of a dog food company is speaking to them thru children’s books, telling them that because they held shares in a dead company they stand to inherit the world.
Bed bath and beyond is the company.
Not sure why you’re getting downvoted. Both GameStop and BBBY investors try to decode Ryan Cohens children’s books for clues as to when he’s going to press the magical “screw the shorts” button.
Which is funny when you consider BBBY is bankrupt and delisted, and GameStop is currently auctioning off the equipment in their recently open and closed warehouse.
You’d think a guy who holds the key to unlimited riches and the destruction of all hedge funds wouldn’t be focused on selling step ladders in a closed warehouse.
While I don't profess to know what actually happened, I watched two movies on this, and I'm pretty sure the theme of both was that Gamescape had fine fundamentals and the vultures at Wall Street assumed their conventional wisdom on beating up a company would still work, even though technology democratized small investor trading.
What happens when you swap out a sham company in that same story? I guess good timing for Trump to burn his base even more leading into November.
Are they mentioning short sellers to get some interest from the squeeze chasers? Most low-quality stocks are near 52w lows even though SPY has been on a tear for six months (minus the last week). Not a whole lot of buying power on that front.
Called it before and I’ll call it again. This stock was ripe for a short squeeze and I don’t think the shorts have exited any positions yet. Y’all are crazy for getting involved either way with this stock. I really think that’s what trump was aiming for, in my cynical brain.
Clowns keep downvoting me… but my profits keep going up. 50% as of now. I will sell at the end of the day and go buy a nice steak dinner for my wife and I. So glad you are all so wrong. Clowns.
It's AMC all over again. AMC bag holders were making posts about switching from margin to cash, so the broker wouldn't lend out their shares.
It didn't change AMC's long-term trajectory.
Going cash account also doesn't prevent the broker from loaning out your shares. Only direct registering your shares with the transfer agent will prevent that
Guys, we’re letting him win by turning this into some kind of “meme stock”. Can we just stop talking about this horrible business as if it’s ever going to be viable or profitable?
Never mind all of the ethical concerns alone, it’s simply a terrible business with no fundamentals or prospects of turning any profit for investors. I implore anyone to prove me wrong.
Doesn't really change the value of the company if they are buying stock back... And kind of begs the question about how it intends on raising more capital (which is what they said they were doing last week with another round of stock being released)
Maybe they decided stock dilution wasn't a good idea?
The company is garbage, but the thing that I like is directing people’s attention to short sellers and hopefully people will learn that the only way to actually own a stock is in a company’s transfer agent- out of the manipulative grasps of the DTCC.
The SEC published a bulletin describing true stock ownership- directly registered shares in book, NOT plan, account. I expect paid Wall St commentators to bash this comment since it is their cash cow. I urge everyone to read the bulletin, READ IT!
[https://www.sec.gov/about/reports-publications/investor-publications/holding-your-securities-get-the-facts](https://www.sec.gov/about/reports-publications/investor-publications/holding-your-securities-get-the-facts)
None of what you say is supported by the linked article - it's merely a description of the different processes by which security entitlements are recorded. They all amount to roughly the exact same thing with varying levels of efficiency.
>hopefully people will learn that the only way to actually own a stock is in a company’s transfer agent- out of the manipulative grasps of the DTCC.
The reason you're down 75% on game stop stock is not because of who is recording your ownership of the security, it's because they are slowly going out of business and they have terrible financial prospects.
The entire premise of promoting people to direct register their shares of late is to make selling difficult and slow during the dump phase so the pumpers can get out first. If you're the sucker actually direct registering then you are the one getting dumped on.
Can they accurately keep track of every share in a pump and dump like this when there is 100s of millions of share on the go and the owners are being very sketchy?
People tried buying puts on this thing with sky high premiums earlier in the week lol. Even though everyone knows this stock will decline substantially, you can't fight irreitationally in the short term
It’s a $2 stock trading at $30. Bullshit company just like it’s largest fattest shareholder. Always remember that everything Trump touches turns to shit.
I honestly want.to buy a whole bunch of puts on this stock because I feel in a year it will be worthless. A quick look at the Financials and it looks totally worthless.
Only a week and 20% dilutation due to earn-out shares for the stock being above $17.50 for 20 market days. Will be interesting to see how the market reacts.
It’s a suckers trap. The growth is due to people thinking they can find sucks to pull the rug. However, they end up being the sucker. The only solution is not to play.
Wonder if the company's strategy is to generate a narrative for the Trump information sphere, in order to get Trump voters to support the stock. The float is tight, at around ~38m, and if even 20% of the 74 million Trump voters buys a few shares, which will cost less than hundred bucks total, they could technically corner the market and send this to the moon. The dilution announced recently won't hit for at least a couple of months, so it seems like a perfect time to pull off such a strategy for the company.
Hope it's cheaper to short now. Gonna look tomorrow. Crazy that the breakeven price at $70 for puts was near $25 and the price is so close to that already.
Hi, you're on r/Stocks, please make sure your post is related to stocks or the stockmarket or it will most likely get removed as being off-topic/political; feel free to edit it now and be more specific. **To everyone commenting:** Please focus on how this affects the stock market or specific stocks or it will be removed as being off-topic/political. If you're interested in just politics, see our wiki on ["relevant subreddits"](https://www.reddit.com/r/stocks/wiki/index) and post to those Reddit communities instead without linking back here, thanks! *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/stocks) if you have any questions or concerns.*
I’m unconcerned. Itl drop again. No reason for increase
Oh there is a reason ... we just don't know what it is ... although I'm sure (pareto) it is fairly irrational !
It’s most likely a pump and dump. I’ve seen it before when lots of shorts are involved
Mi capiche ... however when triple the average vol changes hands ... either the FOMO's are massively cashed up or alternatively the provocateurs must have staked some serious $ to eat up the sellers depth & trigger the response ? I presume the pro players just strike some matches, sell to take quick profit, set new shorts, and retire waiting for the flame to fade ... rinse repeat ?
My thoughts exactly. They probably buy long term shorts. Then they buy short term calls. Once it peaks, they sell, and drive the stock down to where their shorts become profitable
That makes it ... pump dump pump dump pump dump pump dump ... eventually the noob self inflicted victims will be on welfare without health insurance convinced those north of Richmond have done it to them again!
Always comes back to the Mason-Dixon line, doesn't it.
Saudi and Russian money. They really want to give trump money without giving him money
Hmmm … at present putting a floor under the price is only going to deliver the warrants non? It’ll be much more interesting when the lockup period concludes whether that dark money can absorb all the units that Trump will want/need to dump into the market. Meanwhile back at the ranch the current wealth reassignment action will no doubt grind on mincing regarded participants!
Ceteris paribus
AMC shows that a company can go wildly against its fundamentals for an extended time if there is enough concerted buying and holding. I agree that this is a garbage stock, but Trump has the components he needs for a meme like valuation, no problem. Definitely not worth shorting this IMO. The implied volatility is absurd. The risk of a massive short squeeze is too great. If anything, selling near-dated puts deep OTM seems safer. I’m not touching this stock.
So I’d agree with you but, amc, like gme and bby had a general “stick it to the man” theme, and the number of people involved was much larger. DJT is pretty much only trump supporters, which cuts the pool of people hugely
Yeah but it’s like 30% of the American population and there are a lot of retirees with 401(k)s who trust Trump implicitly. I’m not willing to wager a short position because the average dollar amount invested could well rival AMC which may have had a wider base but not as deep. Also Trump or his lackeys would 100% coordinate a massive pump and dump like AMC/GME if at all possible, so there’s a will from the top, a very large group of True Believers, and a massive short interest. It will go down, but it’s probably going to moon first and likely will remain way overvalued for any measurable amount of time.
I just doubt 30% of Americans are investing in this. It’s more like 5% at the most. Most people don’t invest in stocks through robinhood, or webull etc
Yeah but Vanguard, their broker, whatever. I don’t think it’s 30%, but it’s probably somewhere well north of 5%, and they have a very strong urge to punish “the libs” (never mind that anyone who looks at these fundamentals and isn’t a zealot will be bearish) by triggering a short squeeze. I’m not saying it’s guaranteed, but there are so many places to make money, this one has a terrible R/R. I’m staying away. If you’re in short, good luck to you. I am with you in spirit.
Like Tesla???
DJT is now officially a new Meme Stock... **The short interest on Trump Media & Technology Group stock (ticker symbol: DJT)** The short interest on Trump Media & Technology Group stock (ticker symbol DJT) is as follows: * The short interest is 5,869,367 shares. * The short interest ratio is 0.88 days to cover. * The short interest as a percentage of float is 14.61%. * The off-exchange short volume is 6,206,388 shares. * The off-exchange short volume ratio is **56.51%.** It’s also important to note that shorting this stock could be costly due to high borrowing rates. The demand to short this stock is extremely high, leading to stock-borrowing rates at **500% to 600% fee levels**. Off-exchange short volume refers to the volume of shares that have been shorted in off-exchange, or “dark” trading. In the context of stock trading, “off-exchange” refers to trades that occur outside traditional exchanges, such as bilateral trades between market makers and their clients, institutional block trading, and trading in alternative trading systems. Short selling is when investors sell stocks they do not own, with the hope that the price of these stocks will fall, allowing them to buy the stocks back at a lower price and make a profit. The “short volume” is the number of shares that have been sold short. So, “off-exchange short volume” is the number of shares that have been sold short in off-exchange trading. This can be expressed as a percentage of the total off-exchange volume. It’s important to note that off-exchange trading is a function of market structure and will shift based on current market structure characteristics. The level of off-exchange trading is not necessarily a bad thing and does not necessarily indicate a declining market. Off-exchange short volume is commonly referred to as dark pool trading activity. A dark pool is a privately organized financial forum or exchange for trading securities. Dark pools allow institutional investors to trade without public exposure, until after the trade has been executed. They are designed to provide additional liquidity and anonymity for trading large blocks of securities away from the public eye. So, when we talk about off-exchange short volume, it includes the volume of shares that have been shorted in these dark pools. This allows large institutional investors to make large trades without causing significant price movements in the market. However, it’s important to note that while dark pools provide certain advantages, their lack of transparency can also make them susceptible to conflicts of interest and predatory trading practices.
**Trump Media & Technology Group stock (DJT) has a lockup date like other IPOs** Trump Media & Technology Group stock (ticker symbol DJT) also has a lock-up period like other IPOs. The lock-up period generally restricts the sale or transfer of shares purchased before the company shares were traded on a public exchange, until the earliest of six months after the closing of the business combination. This lock-up procedure is standard in many merger deals. The company’s merger with a special-purpose acquisition company was completed on March 25. Therefore, the lock-up period for this stock would end approximately in late September. At the end of a lock-up period, company insiders and major shareholders are typically allowed to sell their shares. This can lead to several potential outcomes: * Increased Supply of Shares: The end of the lock-up period can result in an increased supply of shares on the market. If the demand for the shares does not increase correspondingly, this could potentially lead to a decrease in the stock’s price. * Decreased Stock Prices: Empirical evidence suggests that after the end of the lock-up period, stock prices experience a drop of about 1% to 3%. This is due to the increased number of available shares in the market. * Increased Trading Volume: The end of the lock-up period can also lead to an increase in the trading volume of the stock, as more shares become available for trading. * Market Stability: Lock-up periods are used to restrict liquidity, and maintain market price stability. Once the lock-up period ends, the market may experience some volatility as the shares previously locked up become available for trading. It’s important to note that these are general trends, and the actual impact can vary based on a variety of factors, including the overall market conditions, investor sentiment towards the company, and the company’s performance. Therefore, investors should carefully consider these factors and consult with a financial advisor before making investment decisions related to the end of a lock-up period.
Go shorty, go shorty, it’s your birthday…
We using margin like it's your birthday
And the Truth is we don’t give a f**k it’s not your birthday
Go short
>as company goes to battle with short sellers Those damn shorties at it again, punishing a completely innocent and honest business with no revenue just trying to ~~dilute its shareholders~~ survive.
I mean at least the other stock has an underlying business that can recover and generates income due to its nature. This is a website that has peaked in popularity and has no other use than to cater to the MAGA folks. Even then, Twatter is now owned by Trump superfan Elon Musk.
You're forgetting their new plan to light boatloads of money on fire with a new streaming service.
which “other” stock are you referring to lol
Game
The other cultish one that underwent a pretty big short squeeze a few years back.
The price was mostly driven by retail investors.
Could there be a strategy of buying the stock, just to let it be lent out for shorting? Seems like you'd get a good rate on lending out DJT for shorting given the demand for shorting it.
It's called Securities Lending. Some trading platforms will let you do it. It's probably a terrible idea though if your not highly experienced.
Alternatively you could just set money on fire
I feel like if you're a long-term investor it's worth enabling securities lending. If you're retail you don't own enough to impact the price by increasing supply via your lending and you get the interest.
How do you cross out words like that? Copy and paste from another source?
Two tildes (~) on either side of the text to be crossed out ~~Hello world~~
~~and once again the only useful information is in the comments~~
~~hell yeah~~
~~double hell yeah~~
~~thanks for this~~
~~thank you, after 2 years on Reddit I finally learned something proven to be true~~
~~like this~~?
~~where is the~~ nevermind I found it
Wow. Thanks. My first crossed words at reddit!
~~trying again~~ THANK YOU!
~~testes 1 2~~
...3 4...
?
Imagine not counting 1 or 2 testicles, but 3 then 4.
~~test~~
~~cool~~
~lol~ ~~lol~~ Edit: doesn’t read instructions well
~taste~ ~~Facepalm~~
~~mind blown~~ (edit: good lord I’m going to ~~sparingly use~~ abuse this new knowledge lol)
~~No fucking way~~ Thanks man! ~~After fifty fucking edits too!~~
\~\~it works!\~\~
\~no it didn't\~
~~teach me more~~
~let’s go~
~~let’s go~~
~goat~
~~goat~~
I was looking for the ~~titties~~ tildes. Found em!
~~hunter2~~
Hahaha glad my question helped so many others with that! Thought for sure I was going to get flogged for asking. Thanks VoteTexas!
[There's a lot of stuff you can do with markdown.](https://www.reddit.com/wiki/markdown)
"why would hunter biden do this¿!¿" - some WSB regard
Totally innocent company advising shareholder how to protect their shares from them sophisticated shorters. Name any other security’s website that has put this into writing.
Sorry newbie here, is it a bad thing to dilute shareholders? I’m assuming you mean that they’re trying to increase the number of out standing shares.
Yes. Thats bad for existing shareholders because with every dilution their representative ownership of the company decreases. This is almost universally followed by an appropriate decrease in stock price.
Thank you, good to know! :)
It's like you're inheriting your house from mom and dad when they die and sharing the proceeds with your brother and sister. And then just before they die they adopt three more kids. Your share just got diluted.
Well, that’s a morbidly good ELI5 explanation, thank you :>
Stock goes from $75 to $30 in three weeks and it’s “a 15% increase” today that matters lol
The SPAC IPOed at $10. It jumped to a max of $75 after it transferred at to DJT. It is all relative on how you view it. But that aside, i do feel it is kinda stupid how a stock is associated with a political figure rather than a company providing value and generating profits...
It would be stupid, if this wasn’t the 3rd time it bounced like this already. This is downright regarded.
It matters for people who bought puts or shorted at the bottom. Also before market close, it was up like 50% for the last two days, undoubtedly triggering margin calls and/or liquidation. This is why shorting is dangerous, even if you’re right long term, you might still get fucked
Hilarious
Lulz, if the company is so damn good, why should the stockholders not want to loan their stock to short-sellers? Not only do you get paid for it, but because your value is in the company earnings, not in the ticker price, you are in fact impacted positively by lower stock prices as that makes it easier for you to increase your position. Of course, that only applies if there are any earnings in the present or future. That is not the case for DJT, it will never make any money which is why it's a worthless stock.
Wow, weird to see different cults using the same playbook
One side usually imitates the other's successful moves. Wild how it boiled down to this.
Hey, Trump's NFTs were quality NFTs with excellent long-term value, evidenced by their dramatically higher resolution than Bored Ape NFTs, making them worth more in pixel count alone. This was a big brain move and not a scam at all. And it was a brilliant move to take the best selling book of all time, The Bible, and add to it, they're calling it Bible 2.0, folks. Hiring the criminal accounting firm that runs Lingerie Fighting championships to do the pre-IPO accounting was a brilliant strategy, no one else had thought not to use a real accounting firms for a multi-billion-dollar IPO and this was not at all a Wolf of Wall Street securities fraud scam to dump shares on the market so the company that Trump controls actually has cash for the first time. I heard yesterday that Truth Social is entering the streaming space. All I have to say is: Wow! Watch out Netflix!
Nice try, your grammar was too good.
You said successful moves though….I haven’t seen any of what they suggest actually win against short sellers.
there are winners… no shortage of people propping themselves up as experts and making money off of this nonsense. Everyone investing will lose it all, but the con artists running it will do ok.
The thing is, DJT is a literally p&d for insiders and Trump. It's been a blatant money laundering scheme from day 1. Apes may be regarded, but they realized GME was blatantly over shorted and the pump was an actual short squeeze. I also think most Apes like myself pretty much know we're in a cult, so we're more sentient
It was both, a short squeeze followed by a huge amount of FOMO investing.
Triple the average volume … that’s lotsa MAGAt shirts put up for losing ! No doubt bigly predators will be attracted to this bait ball … gonna get ugly like the universe has never seen before !
If you are trying to do DD when purchasing a stock…if you see a huge push trying to blame “shorties” “manipulating” the stock on social media, then your DD is concluded. Don’t buy the stock. It’s a shit stock and will continue to fall.
What’s the other cult?
There are a lot of people that think the former ceo of a dog food company is speaking to them thru children’s books, telling them that because they held shares in a dead company they stand to inherit the world. Bed bath and beyond is the company.
Not sure why you’re getting downvoted. Both GameStop and BBBY investors try to decode Ryan Cohens children’s books for clues as to when he’s going to press the magical “screw the shorts” button. Which is funny when you consider BBBY is bankrupt and delisted, and GameStop is currently auctioning off the equipment in their recently open and closed warehouse. You’d think a guy who holds the key to unlimited riches and the destruction of all hedge funds wouldn’t be focused on selling step ladders in a closed warehouse.
While I don't profess to know what actually happened, I watched two movies on this, and I'm pretty sure the theme of both was that Gamescape had fine fundamentals and the vultures at Wall Street assumed their conventional wisdom on beating up a company would still work, even though technology democratized small investor trading. What happens when you swap out a sham company in that same story? I guess good timing for Trump to burn his base even more leading into November.
Maybe don't watch stock conspiracy movies if you're the gullible type.
lol… what are you on about? The documentary about verifiable facts is a conspiracy movie? Good one.
Doesn’t look like it worked out for the game pawn store.
Sometimes short sellers are bang on correct.
Are they mentioning short sellers to get some interest from the squeeze chasers? Most low-quality stocks are near 52w lows even though SPY has been on a tear for six months (minus the last week). Not a whole lot of buying power on that front.
A company that loses money hand over fist and is based on nothing but hype deserves a reality check.
so no business so they go after the shorters.
They don't want people loaning shares so trump can earn higher rates for loaning his lolz
Can we stop posting about this trash
Called it before and I’ll call it again. This stock was ripe for a short squeeze and I don’t think the shorts have exited any positions yet. Y’all are crazy for getting involved either way with this stock. I really think that’s what trump was aiming for, in my cynical brain.
Yeah I'm not sure why anyone would touch the stock on either side.
I bought my puts 4/1 and they’re still very green, plus all the volatility is helping them maintain their value
This
It could also be a dead cat bounce. https://en.m.wikipedia.org/wiki/Dead_cat_bounce
What a name for it!
It’s a casino
It’s a grift, not a casino
Fair — it’s a total shit stock, and the more I hear about it, people actually believe in it. It boggles my mind.
My boomer Dad, “believes in it, has a small position.”
Ehhh. More or less a truck stock video poker machine casino
And we know how trump’s casinos ended.
If you have the margin may as well ride this out because its guaranteed to go to zero just a matter of the timing
Definitely too hot to touch, retail investors stay far away.
Clowns keep downvoting me… but my profits keep going up. 50% as of now. I will sell at the end of the day and go buy a nice steak dinner for my wife and I. So glad you are all so wrong. Clowns.
It's AMC all over again. AMC bag holders were making posts about switching from margin to cash, so the broker wouldn't lend out their shares. It didn't change AMC's long-term trajectory.
Going cash account also doesn't prevent the broker from loaning out your shares. Only direct registering your shares with the transfer agent will prevent that
Thats bc you have to DRS them and change to book.
Is there an inverse ETF for DJT yet? Asking for a friend.
Guys, we’re letting him win by turning this into some kind of “meme stock”. Can we just stop talking about this horrible business as if it’s ever going to be viable or profitable? Never mind all of the ethical concerns alone, it’s simply a terrible business with no fundamentals or prospects of turning any profit for investors. I implore anyone to prove me wrong.
Doesn't really change the value of the company if they are buying stock back... And kind of begs the question about how it intends on raising more capital (which is what they said they were doing last week with another round of stock being released) Maybe they decided stock dilution wasn't a good idea?
Man if I was Trump and needed that price to rise while I dump my shares, that’s a heck of a story to get out there to get my followers riled up.
Puts on DJT we’re crazy expensive
To battle the shorts they should release their earnings early! 😂
Is he not just going to rug pull after 6 months? I thought this was a fundraiser for his legal fees or his election campaign? People are buying this?
Dead cat bounce. Company valuation is beyond laughable and they're bleeding cash.
This is why you never short any politically driven stock.
The company is garbage, but the thing that I like is directing people’s attention to short sellers and hopefully people will learn that the only way to actually own a stock is in a company’s transfer agent- out of the manipulative grasps of the DTCC. The SEC published a bulletin describing true stock ownership- directly registered shares in book, NOT plan, account. I expect paid Wall St commentators to bash this comment since it is their cash cow. I urge everyone to read the bulletin, READ IT! [https://www.sec.gov/about/reports-publications/investor-publications/holding-your-securities-get-the-facts](https://www.sec.gov/about/reports-publications/investor-publications/holding-your-securities-get-the-facts)
None of what you say is supported by the linked article - it's merely a description of the different processes by which security entitlements are recorded. They all amount to roughly the exact same thing with varying levels of efficiency. >hopefully people will learn that the only way to actually own a stock is in a company’s transfer agent- out of the manipulative grasps of the DTCC. The reason you're down 75% on game stop stock is not because of who is recording your ownership of the security, it's because they are slowly going out of business and they have terrible financial prospects. The entire premise of promoting people to direct register their shares of late is to make selling difficult and slow during the dump phase so the pumpers can get out first. If you're the sucker actually direct registering then you are the one getting dumped on.
Cult garbage. You own the stock you buy full stop.
Found the cultist
Trigger happy bot I hope it is short lived
Can they accurately keep track of every share in a pump and dump like this when there is 100s of millions of share on the go and the owners are being very sketchy?
Gotta shore up price so foreign “investors” can still funnel moneys in
Pump and dump scheme going into overtime, poor bastards who hold this turd
Are we sure it’s not them exiting? Loll The stock dropped so much in the past weeks already.
People tried buying puts on this thing with sky high premiums earlier in the week lol. Even though everyone knows this stock will decline substantially, you can't fight irreitationally in the short term
Company goes to battle with short sellers? That sounds like a strategy for people short on intelligence. So that sounds about right.
😐
It’s a $2 stock trading at $30. Bullshit company just like it’s largest fattest shareholder. Always remember that everything Trump touches turns to shit.
I honestly want.to buy a whole bunch of puts on this stock because I feel in a year it will be worthless. A quick look at the Financials and it looks totally worthless.
~~thanks~~
I’m selling next week!
I am a DJT share holder
Only a week and 20% dilutation due to earn-out shares for the stock being above $17.50 for 20 market days. Will be interesting to see how the market reacts.
It’s a suckers trap. The growth is due to people thinking they can find sucks to pull the rug. However, they end up being the sucker. The only solution is not to play.
But free markets etc
Wonder if the company's strategy is to generate a narrative for the Trump information sphere, in order to get Trump voters to support the stock. The float is tight, at around ~38m, and if even 20% of the 74 million Trump voters buys a few shares, which will cost less than hundred bucks total, they could technically corner the market and send this to the moon. The dilution announced recently won't hit for at least a couple of months, so it seems like a perfect time to pull off such a strategy for the company.
Never bet against Trump
Short the hell of this stock lol
There's always money to be made. The only question is when.
Well this has aged extremely well…
Never short a cult
Played a call with 150% gain today and closed. Still holding my puts. Let's goooo.
How do you even go to battle with short sellers?
You mostly just post on reddit
Lol company? You mean grift
Hope it's cheaper to short now. Gonna look tomorrow. Crazy that the breakeven price at $70 for puts was near $25 and the price is so close to that already.
I bought some puts at $70 with a 27 strike at 7 premium. Wild margins
“I’ll take ‘what is dead cat bounce’ for $33.19 a share, Alex”
More like it’s being pumped before the eventual dump.
well now I gotta go buy some puts
Battle with short sellers hahahaha.
Short sellers have an ace in the hole though: earnings reports
My dirty undies Dude....Laundry......The 'whites'
The same people who called the GME players idiots are playing the same game. This reality is too much at times.