And do the opposite...
Posted on 04/12/2024 9:28:06 AM PDT by Reno89519
Do not wait. These storm clouds are not going to dissipate.
...[D]estructive issues:
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.)
...
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.
...
(Excerpt) Read more at forbes.com ...
Forbes is a leftist rag. This is just another attack by the Trump haters. DEI may be reined in but it is still there and it’s going to be around and a real pain in the ass for quite a while.
Exactly. Bottom dwelling losers
“TDS is apparently tougher to cure for some.”
I am not the one going around bad-mouthing anyone.
“Seriously, you people are freaks of nature. You don’t belong here.”
ROTFLMAO! Seriously, did Trump stop his emails to you?
looks like another attack on The Donald by the swamp
“There are a handful of rat/never Trumper trolls on FR. T gator, reno a few others you would recognize. It’s best to just ignore these losers.”
That’s a lie!
Pump-and-Dump without the pump...
Anything in Forbest nowadays is disinformation, lies, and manipulation. They should be under investigation for fraud.
I agree with that. Shame on Steve Forbes for any part he played in it.
But, this is a big story in many other outlets. While there is a limit to how much billionaires can contribute to Trump’s campaign, there’s really no limits to how much they could invest in his stock, to help keep him afloat. Will they, is the question.
And do the opposite...
Can Devin still cash out for a billion?
As FYI
Fidelity —
short term sentiment (2 wks to 6wks) weak
mid term sentiment (6wks to 9 mths) weak
long term sentiment (9 mths to 2 yrs) strong
Morningstar —
Fair Value estimate: 46.86
DJT had a huge runup in late Mar to 66 and is dropping from the peak into the 30s now.
Buy! Buy! Buy!
I wonder who pays these clowns?
Steve is one of the few things about Forbes I like.
Few understand economics like Steve Forbes. He is one the few that actually understands Free Market Economics and its wealth-producing benefits.
Although Steve is the smartest of the bunch, I think his position is just a figurehead position and the magazine seems to decide without without his approval.
Suspect Forbes is hoping this story will be self fulfilling.
What should I do if I don't have any DJT stock?
Yep. DJT is will be the new meme stock, like GameStop was.
$2 ???
I’m showing it at $31.43 right now. Peaked at $66 on March. 27.
This look like Forbes wants to cause a sell off.
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