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mobeau69

(11,179 posts)
Tue Apr 16, 2024, 12:55 PM Apr 16

Oh my! Investment blogger Daniel Jones told Business Insider DJT headed for 5 bucks and will still be overpriced. LOL

“The bad news that I have for investors is that, while this might seem like a good time to get in at what might be the bottom, that bottom is likely to be significantly lower than most would think," investment blogger Daniel Jones told Business Insider after Trump Media's rough close Monday. &quot E)ven a generous view of the company suggests a fair value that is lower than $5 per share. And in all likelihood, the stock is worth even less than that in my opinion."



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Oh my! Investment blogger Daniel Jones told Business Insider DJT headed for 5 bucks and will still be overpriced. LOL (Original Post) mobeau69 Apr 16 OP
Right. Book value is about $6 but it has pennies in cash and not much income unless bucolic_frolic Apr 16 #1
I'm thinking it'll linger in the $2-3 dollar range before the election calguy Apr 16 #2
But where's the value? Kid Berwyn Apr 16 #3
about to dip under $3b in valuation.... getagrip_already Apr 16 #4

bucolic_frolic

(43,626 posts)
1. Right. Book value is about $6 but it has pennies in cash and not much income unless
Tue Apr 16, 2024, 01:00 PM
Apr 16

advertisers flock to the site, or Donnie sells blue checkmarks for the privileged masses whom I think are all broke from buying sneakers and Bibles.

calguy

(5,358 posts)
2. I'm thinking it'll linger in the $2-3 dollar range before the election
Tue Apr 16, 2024, 01:08 PM
Apr 16

And then eventually get delisted after trump loses his bid to return to the White House.
Truth Social is already bleeding users and with trump no longer a political threat, his crazies will move on to a new messiah as trump lives out his remaining court cases and hopefully spends the rest of his life behind bars.

Kid Berwyn

(15,233 posts)
3. But where's the value?
Tue Apr 16, 2024, 01:17 PM
Apr 16
What, exactly, is there in the Trump Media & Technology Group that's worth anything?

No real estate. No patents. No office building. No desks. No chairs. No fixtures.



No nothing, except for the name of one know-nothing whose entire life has amounted to less than nothing.

getagrip_already

(15,112 posts)
4. about to dip under $3b in valuation....
Tue Apr 16, 2024, 01:39 PM
Apr 16

Should be $3M, but that won't take long I guess at this rate.

How much do you want to bet that vaunted $200 M is cash is gone?

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