Shares of Trump Media & Technology Group ( NASDAQ:DJT ) saw an 18% surge after Donald Trump reaffirmed his commitment to the social media platform **Truth Social**, stating that he isn’t selling his majority stake and will remain on the platform. This comes as a key moment for both the company and its investors, especially with upcoming opportunities for Trump and...
Trump Media and Technology Group ($TMTG), the parent company of Truth Social, has faced significant challenges in recent months, reflected starkly in its latest financial results. The second quarter of 2024 brought troubling news for TMTG, as the company reported a substantial net loss of $16.4 million and generated a modest $837,000 in revenue. This loss and...
DJT, the Trump media company, had a massive run up after the DWAC merger only to fade and fall with the SEC filing showing minimalistic revenue and negative earnings. It moved up in meme fashion but is now falling as fundamentals come to light. In five months the namesake will be able to sell if there is any remaining value. In the meanwhile, the board will...
Trump Media & Technology Group, ( DJ:DJT ) the owner of Truth Social, experienced a slump in shares after former President Donald Trump was found guilty in his hush money trial. A New York jury found Trump guilty of falsifying business records in a scheme to illegally influence the 2016 election through hush money payments to a porn actor who said the two had sex....
Trump Media & Technology Group ( NASDAQ:DJT ) stock fell 8.27% after reporting a $327.6 million Q1 loss, marking its first quarterly report as a public company. The company, which operates the social media network Truth Social, generated just $770,500 in revenue for the first quarter, with a net loss of $210.3 million in the first quarter of 2023. The company...
A financial executive, Bruce Garelick, has been convicted of enabling his boss and others to make over $22 million illegally by trading off his tips ahead of the public announcement that an acquisition firm was taking former President Donald Trump's media company public. Garelick was convicted of tipping others in 2021 to news that the special purpose acquisition...
Former President Donald Trump to receive a staggering $1.2 billion bonus, courtesy of the performance of his social media venture, Trump Media & Technology Group (TMTG). Despite the tumultuous journey of $TMTG's stock value, Trump stands to benefit substantially from an "earn-out" windfall, underscoring the complexities of his post-presidential financial...
Shares of Donald Trump's media and technology company, Trump Media & Technology Group (DJT.O), rose over 9.61% on Friday after it asked the Nasdaq exchange to help prevent alleged market manipulation in its shares by so-called "naked" short sellers. The company disclosed this in a Friday filing with the Securities and Exchange Commission. In the letter to Nasdaq...
Unbiased scenarios for DJT media of Truth Social, based on simple conditions of holding or losing a neckline at 32 bucks. Below $32 = Bearish: A weekly close below $32 that isn't immediately recovered in the following week likely means it is headed further down towards 12.50. There is an unfilled gap around ~17.50-18.50, so at the very least it could revisit...
Former President Donald Trump's foray into social media, Truth Social ( NASDAQ:DJT ), faced a significant setback as its parent company, Trump Media & Technology Group Corp., ( NASDAQ:DJT ) registered shares for potential resale. This move sent shockwaves through the market, with the company's stock plunging by as much as 20%. The registration includes shares...
In a dramatic turn of events, shares of Donald Trump's media and technology ( NASDAQ:DJT )venture took a nosedive on Monday, plunging as much as 12% and exacerbating a relentless downtrend that has significantly diminished the value of his stake in the operator of Truth Social to a mere $2.9 billion. Since its much-hyped debut in late March, Trump Media &...
NASDAQ:DWAC History: Merger between Digital World Acquisition Corp and Trump media and Technology Group was approved to take his social media platform Truth Social Public Idea: 1)Wait for the brief dip before buying ( around $47.20) and hold for this to cross $53.49, We are seeing a short squeeze in the stock, I expect a sharp decline once the DJT stock...
The tumultuous journey of NASDAQ:DWAC stock, the special purpose acquisition company (SPAC) aiming to take former President Donald Trump's tech and social media platform public, continues to captivate investors amidst a whirlwind of events. From surging highs to staggering lows, the stock's trajectory reflects the intricate interplay between market expectations,...
F' trump. Dude is the worst business man ever seen. Anyone who does biz with the guy gets rekt. DWAC is also headed for worse. There's a gap at the lows. Let's run it by following the curve
If Elon Musk doesn`t buy Twitter, that doesn`t mean he`s affiliated with Truth Social. If you haven bought DWAC they announced the merger: or short it at $55: then this rally today seems to me the perfect opportunity to buy $10 puts expiring early 2023. Not because i don`t believe in the project, but because it`s overvalued at this point. The market cap...
Truth Social SPAC DWAC looks about ready to recover. A very strong correction took place since early March this year that resulted in a total 78.40% loss of value. Now we are getting early signals that things are about to change. The current price action smells to liquidity hunt. A break below support just to quickly reverse. As usual, bottomed out; Very low...
I first bough DWAC at $12: Thinking that Truth Social will take some market capitalization from Twitter and Facebook: But since Elon Musk wants and most likely Will buy Twitter and enable true free speech on the platform, where Donald Trump won`t get banned that easily, then what is the purpose of DWAC (Truth Social and the rest) anyways??? Ok, let`s say it`s...
I have a bullish bias on this SPAC. I believe that once the merger is approved it will be a major catalyst for ticker symbol $DWAC. All that bread I will stack. I ain't gonna be living in no more lack. Getting money, run up the racks. Balling like I'm Shack. All these rhymes I just cracked. Once it squeezes, I pray I don't have a heart attack. Great dip buy...