How weirdly volatile will DJT (Trump Media & Tech Group Corp stock) be during April 2024?
31
269
2K
resolved Apr 30
Resolved
YES
Down to $35
Resolved
YES
Down to $30
Resolved
YES
Down to $45
Resolved
YES
Down to $40
Resolved
YES
Down to $25
Resolved
YES
Down to $35, then up to $50
Resolved
YES
Return to over $40
Resolved
NO
Up to $200
Resolved
NO
Down to $10
Resolved
NO
Up to $100, then down to $50
Resolved
NO
Up to $80, then down to $60
Resolved
NO
Up to $75, then down to $25
Resolved
NO
Down to $40, then up to $70
Resolved
NO
Down to $30, then up to $60
Resolved
NO
Down to $20
Resolved
NO
Down to $15
Resolved
NO
Down to $5

Starting value on April 1st at $61.96

To follow the changes:

https://finance.yahoo.com/quote/DJT/

Get Ṁ200 play money

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What a hell of a ride! Thanks all for holding and trading! 🙌

Down to $35, then up to $50
bought Ṁ250 Down to $35, then up... YES

Day's Range47.51 - 50.75

bought Ṁ244 Down to $35, then up... YES
Down to $25
bought Ṁ650 Down to $25 YES

Low 24.20

So I wonder what IPO purchasers think.
Do they think
Donald Trump will appreciate their help and they will somehow be rewarded.
That at least they get a loss for their donation that they were willing to give.
Do they believe in Trumps business ability and it will come good eventually.

Will any be reluctantly coming to conclusion that Trump has played them for suckers? or how else will they avoid reaching this conclusion?

bought Ṁ30 Up to $75, then down... NO

@ChristopherRandles SPAC mergers often smell. But what would happen if Trump gets elected president?

@OmarB Guess we assume Trump following normal protocol and divesting to avoid conflicts of interest is unlikely.

Also guess you are really suggesting that truth social will become more popular. In opposite direction, it amazes me that so many want a fraudster with so many legal issues as their president but it wouldn't do for us all to be the same.

BTW Do you think most holders are Trump supporters so a trump win is likely largely priced in so the big price movement would be if he doesn't win?

@ChristopherRandles I believe Trump supporters could move the price up trading between each others. Are they willing to risk money? Probably yes, if they consider Trump’s victory worth.

bought Ṁ79 Down to $30 YES

Huh? 14.11 per https://finance.yahoo.com/quote/DJTWW/
but 30.32 per https://www.google.com/finance/quote/DJT:NASDAQ?hl=en
Has one adjusted for stock split or something?
Never mind just ignore DJTWW whatever that is, it is different

@ChristopherRandles We are tracking DJT, not DJTWW (no clue what thé latter is 😅)

@ChristopherRandles After a quick read, it looks to me that DJTWW are equity warrants

bought Ṁ31 Down to $35, then up... NO

It is a one way ticket downwards. Buying now doesn't help trump unless Trump wants to sell and if Trump wants to sell that tells you all you need to know.

bought Ṁ4 Down to $25 YES

@ChristopherRandles I am now wondering if any of his friends is going to the rescue

@OmarB What rescue from what? Trump has posted $175m bond. Buying shares? The money doesn't go to the company or Trump just to a stock seller. The media company probably just carries on losing money for a good long while until the company runs out of funds or its fortunes improve. Though I could easily be missing something obvious.

bought Ṁ470 Return to over $40 YES

Oh well it was a silly hostage to the future comment about one way downwards.
.
9:30 am shows high 40.25 close 40.01 leading to days range high being 40.25.
Even if we exclude that minute as possibly before opening then 9.31 shows 40.02 open and 40.08 high.

So I think return to $40 can resolve

bought Ṁ50 Down to $20 NO

@ChristopherRandles Done. Definitely weird volatility…

Down to $40
bought Ṁ750 Down to $40 YES

Day's Range 40.00 - 45.74
You didn't say below.

Down to $45
bought Ṁ660 Down to $45 YES

Day's Range 42.91 - 45.74

bought Ṁ26 Down to $40 YES

@ChristopherRandles Resolved, Thanks!

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