I'm thinking the rubes poured th eklast of their cash into it in an effort to "git the short-sellers." And now they'll watch that investment lose money too.

People enter when they think it's a buy point and sell when they a) are satisfied with the profit, b) have lost enough or c) want to reposition

believe it or not, DJT isn't heavily shorted.

It's possible, but the effort looked rather contrived to me. Now, I DO NOT day trade on individual stocks. I'm an index fund kind of investor. But given the emotions tied to this stock, I don;t think the company's performance supports anything like a $30/share price.

The medium-sized engineering company I work for has a larger revenue stream thatn Truth Social (a LOT larger, and it's actually profitable), and has nothing like the ridiculous market cap of this turd.

But time will tell. I think it's trading below $10 within a year, if that. But again, I don;t do that kind of trading, so not putting my money on it.

I haven’t seen any confirmation of this, yet.

I assume that the majority of traders are using that platform. It makes me wonder if that might have an effect on the markets.