If I beamed back in time to October 29th and told a buyer of DJT (Truth Social) that Trump would win the Presidency in a landslide and ask them to guess what the price of the stock would be on November 7th, they would probably not guess “down by about 45%”. But that is, in fact, the case.
This is a meme stock, not an investment, and it’s no surprise at all that it’s actually LOWER now than it was before Election Day! I strongly suspect this sucker will be in the single digits next year.
As a side note, even San Francisco has had enough of the nonsense below (from a few years back). Tough on Crime and Down on Woke is the new agenda.
