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Bernardo de La Paz

(60,320 posts)

7. Nope. It's the bulls (mostly cultists) who ignore that it is a worthless company

Reply to WarGamer (Reply #3)

Fri Apr 19, 2024, 05:54 AM

Apr 2024

And it is not a low volume stock. Nearly 18 million shares traded yesterday. The market cap of over $4,500,000,000 is not low, which will be a problem for the bulls.

A bull trap is a trap that catches bulls as they think that the stock has suffered a setback but is back on track to climb to ever higher valuations.

Your points about tRump's hopes for a financial pipeline are good ones, including the reaction to the election.

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Truth Social FAQ now tells you how to instruct your broker not to allow short selling on your Truth Social shares [View all] Nevilledog Apr 2024 OP

It only delays the inevitable. I think there may be a bull trap Bernardo de La Paz Apr 2024 #1

Your theory ignores the special case around DJT WarGamer Apr 2024 #3

Nope. It's the bulls (mostly cultists) who ignore that it is a worthless company Bernardo de La Paz Apr 2024 #7

Donald, why don't you buy those shares and forbid lending them out? keithbvadu2 Apr 2024 #2

He already owns 79m of them... around 55-60% WarGamer Apr 2024 #4

DJT is a meme stock that has no value other than "greater fools" who are going to lose a ton of money LetMyPeopleVote Apr 2024 #5

DJT is a meme stock that has no value other than "greater fools" who are going to lose a ton of money LetMyPeopleVote Apr 2024 #6