Tracking DJT stock

[lawtig02]

I don't think he said any mutual funds were holding it. He was saying that's how mutual fund companies do it; I took him to be saying that the insiders will use the same strategy.

Got it. I misread.

 

[KishiKaisei]

Wonder who is selling today? I can’t imagine someone who could sell yesterday waiting until today to sell.

Probably Nunes. Would be funny if he beat Trump to the punch.

 

[Kraftyheel89]

Well, that is how passive index funds work. The S&P 500 index funds don't spit out the crappy companies. They simply buy the 500 largest U.S. companies my market cap. Then at the end of the year, they sell the few that drop out and buy the few new ones. Why it is often a good idea to buy a company at end of year or early in year after announcement they will join S&P 500. Going to be some huge buys by behemoth index funds.

The Russell 2000 is just the smallest 2000 companies (smallcaps) in all of the Russell Index.

 

[hedge]

Those DJT Sep 20 puts I was talking about the other day are at 6 bucks now. Not a bad two month return on a $2 "investment" (crapshoot is more like it). Just to be clear, I didn't buy those...

 

[05C40]

Loved the headline in the linked story, "Trump Media closes at new 52 week low, as Dow finishes week at record high."
Link: Trump Media closes at a new 52-week low, as Dow finishes week at record high

 

[hedge]

Maher had a good line last night: "Trump is getting into crypto with a guy who used to be in the colon cleanse business. It's called shitcoin."

 

[SnoopRob]

Lower stock, Truth Social or Mark Robinson?

Oh, Mark Robinson, for sure. If he were a stock, he'd be in danger of being de-listed.

 

[Zoo_View]

Closed at $13.55 on Friday.

Slightly trading up in after hours ($13.76).

 

[ChapelHillSooner]

Anyone else think that if Trump wins the election he will use the power of government to “encourage” advertisers to buy ads on Truth Social?

Given almost complete immunity, that might be a simple footnote in the abuses of power.

 

[uncgriff]

Crashing today.

 

[CLT Heel]

Such a shame.

 

[lawtig02]

Crashing today.

A lot of people seem to be expecting him to sell. And the SEC continues to …

 

[BlooVooDoo]

Is this the first stock that was too fail to big?

 

[Kraftyheel89]

Another 3 Million shares dumped at opening and first 15 minutes of trading. DJT went down to $12.66. Now at $12.85, still down another 5% or 70 cents.

 

[nycfan]

 

[superrific]

Well, that is how passive index funds work. The S&P 500 index funds don't spit out the crappy companies. They simply buy the 500 largest U.S. companies my market cap. Then at the end of the year, they sell the few that drop out and buy the few new ones. Why it is often a good idea to buy a company at end of year or early in year after announcement they will join S&P 500. Going to be some huge buys by behemoth index funds.

The Russell 2000 is just the smallest 2000 companies (smallcaps) in all of the Russell Index.

Right, but has DJT been around long enough to go in any index?

 

[superrific]

Anyone else think that if Trump wins the election he will use the power of government to “encourage” advertisers to buy ads on Truth Social?

It's the only reason for its continued existence, and also the reason that Trump isn't going to sell.

 

[gtyellowjacket]

Anyone else think that if Trump wins the election he will use the power of government to “encourage” advertisers to buy ads on Truth Social?

Given almost complete immunity, that might be a simple footnote in the abuses of power.

Definitely think anyone perusing truth social will see a lot of ads for Aramco and Qatar Airways.

 

[lawtig02]

Sure is getting close to that $12 line.

 

[SnoopRob]

Sure is getting close to that $12 line.

Now that the requirements to lift the lockup period have been met, the $12 threshold doesn't matter anymore, does it?