That's one way to look at it. The other way would be that you have a company that lost $300 million in its last quarter, has almost no revenue, is trading 60% above its 6 month low, and two weeks ago entered into a Standby Equity Purchase Agreement that would let Trump Media create and sell up to $2.5 billion worth of new shares, which would at that price would represent about a 33% dilution of value. Also if you're a DNC insider, know the election is rigged, know who surprise DNC alternate candidate is, you might further speculate the value will crater if Trump loses.
And it probably wasn't a big leap to assume the cabal would try and take him out, just to be sure, especially if you're a member of that cabal.
That's one way to look at it. The other way would be that you have a company that lost $300 million in its last quarter, has almost no revenue, is trading 60% above its 6 month low, and two weeks ago entered into a Standby Equity Purchase Agreement that would let Trump Media create and sell up to $2.5 billion worth of new shares, which would at that price would represent about a 33% dilution of value. Also if you're a DNC insider, know the election is rigged, know who surprise DNC alternate candidate is, you might further speculate the value will crater if Trump loses.