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Just putting this out here: Are there investment opportunities in shorting Truth Social? (Original Post) Xipe Totec Mar 2024 OP
Maybe, but given that it's a meme stock with, perhaps, foreign investors willing to keep the price up, how... Gore1FL Mar 2024 #1
Reddit has been losing money for 20 years. former9thward Mar 2024 #3
I doubt he'll short it .. BUT KentuckyWoman Mar 2024 #2
It will crash edhopper Mar 2024 #4
Have fun watching trump's stock calguy Mar 2024 #5
Someone else posted discouragement from doing so due to the RockRaven Mar 2024 #6
Think about it - it may be a way for foreigners to legally applegrove Mar 2024 #7

Gore1FL

(22,980 posts)
1. Maybe, but given that it's a meme stock with, perhaps, foreign investors willing to keep the price up, how...
Wed Mar 27, 2024, 10:33 PM
Mar 2024

...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.

edhopper

(37,514 posts)
4. It will crash
Wed Mar 27, 2024, 10:44 PM
Mar 2024

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

(6,167 posts)
5. Have fun watching trump's stock
Wed Mar 27, 2024, 10:44 PM
Mar 2024

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

(19,742 posts)
6. Someone else posted discouragement from doing so due to the
Wed Mar 27, 2024, 11:05 PM
Mar 2024

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

(133,038 posts)
7. Think about it - it may be a way for foreigners to legally
Wed Mar 27, 2024, 11:07 PM
Mar 2024

bribe Trump by keeping the stock so high.

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