DJT shares tumble 13% as Trump Media stock sell-off accelerates

Ya, the Ruble is falling against the dollar again, so of course this happens.

The stock market is a voting machine not a weighing machine….

I’m amazed that any investor is buying for the long term. People buying are only propping up trump. There are no fundamentals it has only ever lost money.

So yeah some people speculate on it. Or to prop him up

Run Away!!!

There will always be stocks for gullible people. I remember when they IPO'd the national telecommunication company in my country. You were practically bombarded with ads from all sides to buy shares. My stance was that if they have to peddle the stock to the public that way, they probably did not find sufficient interest in professional circles for a reason.

The stock was then IPO'd at about €15 and shot up to over €100 in a few months. My coworker was quite thankful later that I frequently reminded him that the overall evaluation of the company only supported a value of about €10 per share. He sold at €100. It peaked at €102, and then fell down to €12 or €13. Over the last 30 years, it managed to slowly climb to €22 now, with no more significant peaks.

I keep checking about once per week. I saw this earlier today and felt pretty great about it. I feel bad for the rubes who lost their savings, but I can’t be responsible for their inability to spot a con.

🤞🍿

It's soooo low! buy buy buy!

/s don't buy people.