Trump Media and Tech Group (Politics Allowed~Non-Moderated)

[oystersnbeer]

Sell Trump Media Stock (DJT) Now - An Implosion Is Likely

Do not wait. These storm clouds are not going to dissipate.

- Insider infighting over stockholdings

- Competing insider shareholder lawsuits

- First insiders now wanting to sell

- Feeble responses by Trump Media CEO Nunes in interview by Fox Business News

- Still-open new million-share spigot from the convertible securities and contracts that are converting

- Highly diluting "bonus" 40M share issuance if the stock can remain above $17.50 for 20 of 30 days. (Counting the March 26 merger day, the number on April 12 would be 18.)

This teetering tower of negative issues is a perfect reason for a mass shareholder exodus.

Important to remember: Donald Trump, as the controlling shareholder, can ask his selected board members for permission to sell before the normal 6-month waiting period.

The bottom line: Protect your capital by selling now

Beat the coming sellers to the exit. This stock remains significantly overpriced, with a book value (price/net worth) under $2, a price to sales ratio of over 25x, a large negative profit margin, and a negative price/earnings ratio. All the new shares will make the negative fundamental picture even worse.

When the first SEC-required quarterly report for Trump Media arrives with these negatives clearly reported, the picture will be clear. Additionally, at that time Wall Street analysts will provide their views. The fallout will be the final shift from rhetoric to fact.

https://www.forbes.com/sites/johntobey/2024/04/12/sell-trump-media-stock-djt-nowan-implosion-is-coming/