Not to worry, wait until they have to announce earnings next quarter.

I agree, people are going to buy on the dip (i think called "dead cat bounce".)
If it goes up and stays up, then get suspicious.

They also likely expect that cash reserve to have shrunk considerably.

The stock price isn't tracking earnings. It's a cult stock. And it has influence peddling ties.

How many shares you own will get you a preferential seat at tsf's table of opportunities. And you can be sure they are checking.

So will it fall again? Sure. When more shares get dumped on the market. Right now a limited number of shares keep trading hands. Trump hasn't sold any of his ~80% yet unless he did it through junior. Then the number of shares will overwhelm the rubes, especially if it looks like he won't win another term.

The magat investors are gonna get creamed. So sad : - )

This will be a great way to money launder and bribe TFG.

Bonesaw can get 25 cents on the dollar to own 1/3 of the republican party. Pretty cheap.

Putin can make it impossible to get aid to Ukraine with just a few KKKrazies in congress... a bargain even at 10 cents on the dollar.

We could go on about the billionaires looing to extend or increase tax cuts for the rich. Eloon's handling of twitter is proof that he isn't worried about getting 20 cents on the dollar back.

There's money to be made even when a stock is tanking, as long as it bounces up and down along the way.

I hate short sellers with a white-hot passion.
DJT is up ~30% in the last 2 sessions.

I hope the shorts get burned to the ground.

The short-selling-prevention tips posted Wednesday on Trump Media’s website come as its DJT stock has fallen sharply in price since it began being public trading on March 26 — and as short sellers have taken a keen interest in the owner of the Truth Social app despite relatively high fees to finance such trades.

Trump Media’s share price rose sharply on Wednesday, by more than 15%, its closing price of $26.40 was still a whopping 63% lower than the price it opened at on March 26.

The stock slumped by 20% last week alone, and then plummeted by more than 18% on Monday and then over 14% on Tuesday.