Should You Buy DJT Media Company 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
Many people are buying the stock to support him rather than the idea there is money to be made- It’s a big “F-You” to the agencies trying to break DJT.
😇😊 Thanks