Lions and friends... I continue to get bombarded with questions regarding DJT stock. I did write a piece about DJT Media Company Stock recently, (repost below).
This is the best advice which I can give you on DJT stock...
Trump Media & Technology Group Corp. (DJT)
Lions and friends…
I have gotten A LOT of questions regarding DJT media company stock which is currently cratering on the day down over 22%.
In a regulatory filing TODAY, DJT media company lost $58.2 million in 2023 on sales of $4.13 million.
In light of this filing, and my opinion, it is pretty difficult to justify DJT media company valuation which stands at $7.7 billion. However, that certainly does not mean that FOMO and hype will not prevent the stock from going higher, ESPECIALLY in this environment.
GM
People call Bitcoin a scam meanwhile they’ll FOMO into a slush fund company that will never be profitable and is basically just a campaign fundraiser
Just like its namesake, DJT, this stock is completely worthless, and it is a fraud.