Lions and friends…
(I can’t believe that I am doing this).
OK… I continue to get asked questions about DJT stock, so lets talk about it.
This stock has gotten absolutely DECIMATED, and it appears that quite a few of you got caught on the wrong side of it.
I already published an article on DJT stock, click HERE where I covered the issues concerning the company’s valuation.
Even right now, with DJT stock trading at around $31, it is VERY difficult to justify DJT current price. Consider that in 2023 DJT company, in a regulatory filing, reported losses of $58.2 million on sales of $4.13 million.
If you were to do the math, and in my opinion, DJT media company stock is worth around $9.
I hope that this helps.
GM
I'm just an ordinary guy with a little bit of economic and financial knowledge. I think DJT stock is worth around $0 give or take a bagel. It's a meme stock at best. This is not financial advice and I'm an idiot in many other areas of life.
I can't believe you're being hounded about this. Although I'm a newbie I wouldn't touch that with a ten mile pole. Commodities Commodities Commodities I say