Replies to post #11692 on Trump Media and Tech Group (Politics Allowed~Non-M (DJT)

[Forrest Gump Luck]

The reason is people are breathtakingly stupid. The stock is being bought by Qanon Trump whackos who line up to get repeatedly scammed. Same people getting scammed to buy gold on radio talk shows.

[Banjo50]

Friday's end of day price reversal was likely caused by institutional buying from Public Investment Fund (PIF) and/or Russian Direct Investment Fund through proxies. Monday's market open should be interesting.

[Mojocash]

The looming war with Iran has the market nervous. Funded by your Hero. FJB.

[JOHNNIEBG]

From what I understand, Trump posted some positive comments on his Truth Social which helped it come back from the $29 that it hit on Friday, but really didn't give it enough boost to get much past it's opening for the day....

I believe we will see a continued decline over the next week of 3 to 5 percent a day on a pretty steady pace. Perhaps a small regain during one day of the week. On of my lifelong theories of trading has been to work with only stocks where the possible rewards outweight the risk. I do not see that in this stock at the current price or time... I see no justification for current price when the company shows no value and posts millions of dollars of loss.

Just my opinion, DON'T BUY IT IF YOU CAN'T AFFORD TO LOSE IT!!!!