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36
$DJT Pumping 🧐 Research Wanted 🤔
posted 38 days ago by Anandamide 38 days ago by Anandamide +36 / -0

Anyone know why DJT is pumping today?

12 comments share
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Comments (12)
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▲ 6 ▼
– TrumpTrollMaster 6 points 38 days ago +6 / -0

They're buying a xrypto company, BAKKT.

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▲ 3 ▼
– Anandamide [S] 3 points 38 days ago +3 / -0

OK definitely this causing it, thanks.

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▲ 2 ▼
– floridafrog 2 points 38 days ago +2 / -0

BKKT is up 162 %

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▲ 5 ▼
– LordKekingtonEsquire 5 points 38 days ago +5 / -0

Probably the BAKKT news along with this fact that DJT is a debt-free company at the moment:

With a market capitalization of more than $6 billion, Trump Media & Technology has a valuation of a meme stock given that its core business generated only $1 million in third-quarter revenue and an operating loss of $23.7.

Still, the company has about $672.9 million in cash and cash equivalents, with no debt.

"With its strong balance sheet, the company believes it is well-positioned to further develop and expand its new TV streaming platform, Truth+," DJT said on Nov. 5.

https://www.morningstar.com/news/marketwatch/20241114257/djt-stock-flattens-out-as-investors-take-in-trumps-cabinet-moves

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▲ 1 ▼
– floridafrog 1 point 38 days ago +1 / -0

Reading BKKT got halted on the news...

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▲ 4 ▼
– Fatality 4 points 38 days ago +4 / -0

went up about 6 bucks in 30m

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▲ 2 ▼
– floridafrog 2 points 38 days ago +2 / -0

That's $1800 for 30 min for me...

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▲ 3 ▼
– floridafrog 3 points 38 days ago +3 / -0

Thanks for the heads up 18% right now..

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▲ 2 ▼
– Pbman2 2 points 38 days ago +2 / -0

Very nice.

Still hodling.

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▲ 3 ▼
– LordKekingtonEsquire 3 points 38 days ago +3 / -0

Same!

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▲ 3 ▼
– Anandamide [S] 3 points 38 days ago +3 / -0

Same

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▲ 3 ▼
– floridafrog 3 points 38 days ago +3 / -0

Holding long

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