General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsJust putting this out here: Are there investment opportunities in shorting Truth Social?
Give it a think.
Gore1FL
(21,132 posts)...do you time it?
I do expect NASDAQ: DJT to tank as it is a money-losing company with few or no assets and little growth potential.
Shorting Gamestop broke Melivin Capital in 2022. It's too high-risk a play for the potential gain, IMO.
former9thward
(32,009 posts)And it is worth 10 billion.
KentuckyWoman
(6,679 posts)Everything he ever touches turns to shit. EVERYTHING.
edhopper
(33,580 posts)The question is when?
Hard to say. A premature short could cost a fortune.
I also wonder who will accept a short on this?
calguy
(5,309 posts)But don't touch it. I doubt you could even find many shares to short, and if you don't have very deep pockets, you risk being hit with a margin call on the next spike and forced to cover with a huge loss. Billionaires friendly to trump are propping it up right now, so don't get in their way if you don't want to get crushed.
RockRaven
(14,967 posts)inherent volatility of meme stocks. Seemed like good advice/analysis to me when I read it. Unfortunately don't remember who it was, so can't give a link at the moment. Maybe someone else will.
applegrove
(118,659 posts)bribe Trump by keeping the stock so high.