Trump Media & Technology Group Corp. (DJT)

[vanzandt]

You're playing against algo's that are fueled by the deepest of pockets, the best of data, and that have one objective... to make money.

Due respect.... all of your logic, no matter how well founded... is absolutely meaningless.

Now... if you can figure out how to coattail those algos in advance.... you'll be in the chips brother. But applying logic to the matter at hand... omg... you're either a newbie or someone that needs to step back and open some demo accounts.... because unless you can intellectually front run the controlling algos and what's up next.... (again---due respect)--- you're chum.

~vz

 

[ElCubano]

You're playing against algo's that are fueled by the deepest of pockets, the best of data, and that have one objective... to make money.

Due respect.... all of your logic, no matter how well founded... is absolutely meaningless.

Now... if you can figure out how to coattail those algos in advance.... you'll be in the chips brother. But applying logic to the matter at hand... omg... you're either a newbie or someone that needs to step back and open some demo accounts.... because unless you can intellectually front run the controlling algos and what's up next.... (again---due respect)--- you're chum.

there will be a press release littered here and there throughout the year where those holding paper can run a program to get out. Stock will be up on huge volumes those days. Eventually the stock will work its way down to a reverse split of like 50-1. This whole process will take roughly 2 years. Ok bye lol

 

[vanzandt]

. After debating the risk vs reward, I'm willing to make a wager on a few short-PUTs for now.

Keep us posted if you do sell some puts though. I'd like to see how it works out, from the safety of the bleachers.

 

[murray t turtle]

Yep. See what I wrote below. But your last sentence is wrong. No way he gets anything north of $5 share. And that's me being extremely generous.

These people that say blah blah blah.... this is no different than GME... and at least they have sales.

It's stocks like this (and politics aside, it's certainly not alone)... that make me scratch my head and wonder what exactly is the SEC's charter. I mean, an idiot can see it's a rigged game. Anyone with a lick of sense should avoid this thing like the plague. I'm sure Newurldman and the new Destriero here probably have the best plan.... but still.... this thing is a friggin' joke.

%%
Good daytrades some when its was above 50dma,00.20 bid ask;
good thing [Robert, older DJT thread, posted put-calls]+ included the $33 level , i noted in public i was not watching that level LOL

 

[The_Krakenite]

Big volume today on the 35 strike.

From the majority of the comments here, I've let myself get talked into waiting a bit longer and seeing...

 

[vanzandt]

From the majority of the comments here, I've let myself get talked into waiting a bit longer and seeing...

That's no fun! Hey when I said to keep us posted because I wanted to see how it worked out, unlike everyone else on ET that seems to gloat when folks f/u their calls... I'm cheering for you to win. Plus I wanna see how you did it.

 

[maxinger]

Out of the recent 8 trading days,
you have 7 red candlesticks.


It didn't and it doesn't look bullish
despite the fancy write-up in posting #1.

 

[newwurldmn]

Big volume today on the 35 strike.

From the majority of the comments here, I've let myself get talked into waiting a bit longer and seeing...

aren’t you glad you didn’t follow your own advice?

 

[maxinger]

Out of the recent 8 trading days,
you have 7 red candlesticks.


It didn't and it doesn't look bullish
despite the fancy write-up in posting #1.

What a simple chart to analyse.

It is suitable for newbies to trade.
Of course it is too late to short it.


Hmmm many posts deleted?!?!?!

 

[newwurldmn]

I bet a software business doing 10mm revenues with 94percent gross margin would be trading for like 150-200mm.

Moat??? It's a Twitter knockoff with only 5M users, down 39% YOY, and had only $4M in revenue while losing like 10Xs that. I worked for a small software company that had 2Xs the revenue and I believe sold for 1Xs revenue so $10M and it was profitable as it had reoccurring revenue in maintenance contracts and margins on the software was like 94%. It was sold again when OSAS was bought by Aptean and even that company with hundreds of millions in revenue is nowhere close to DJT in market cap...mindboggling! DJT realistically should be worth cash value so a few hundred million as I think it has $300M in cash, down 90-95% from here. Only winner will be Trump when he finally is able to cash out on these clowns.