DJT
Trump Media & Technology Group Corp. Common Stock
stock NASDAQ

Sure, but that also requires a large amount of capital as backup, which only a few of the most wealthy have access to. I wouldn't be surprised if Trump and his cronies shorted $DJT after the initial pop. Maybe the OFFICIAL TRUMP shitcoin, too.

Buy Calls Monday morning, PRAISE TO BE ALHHA - DJT

Money solves everything in business. Do you think anyone at OpenAI is going to face anything more than a silly little fine from DJT's SEC?

Can't Treasury just insider trade its way out of this financial mess? It worked for DJT.

This is what DJT actually brings to the table

>DDT
Warum DDT und nicht DJT? Vom Geruch seiner vollgekackten Windeln sterben selbst die hartnäckigsten Insekten.

SPACs are incredibly complex.
This July deadline you mentioned - it can be extended via normal shareholder vote or sometimes even without a vote the sponsors can deposit more money in the trust and extend the deadline (see DWAC -> DJT). Or it can even be delisted and list on OTC (see DMYY -> HQ).
You are talking number of shares, investors and float, but what is the revenue / profit of this company? SPACs are notoriously overvalued. This is what matters, not if they signed some bullshit with the UK. Math! It’s all math, not vibes!
The current float may be shorted but after closing, the float will expand massively, many times over, as lockups expire in rapid succession.
tbh I would short it too! Only danger is the well documented SPAC pop which can obliterate your short, but if you gave me put option for 1-2 dollars and strike of 5 in 1 year, I would buy it.

Just in: bombs will be dropped right after 8 minutes and peace deal in place by Sunday before pre market opens, place your bets- DJT

Oh, see, WSB is political, or maybe a religion? They worship Elon, J Pow and DJT. This sub isn't just about bad trades, it's a pedagogy, and shorting DJT is a thought crime.
You can cleanse yourself of your sins by saying 10 "Hail Elons," buying a hopeless meme stock, or posting an incomprehensible wall of text about a purely insane trading strategy on 100 mg (or more) of Adderall.

I really like to know what happen to all these DJT fan boys. Like do they still believe DJT will bounce? Show me your loss porn

Shorting DJT is a good call, if you can appropriately guess his date of death. It’ll be fine until then.

First because it’s a meme stock. If sentiment turns and it gets pumped to all-time highs then shorting it would get you a 1200% loss and a likely margin call. In contrast, if it traded down to its book value then you would be picking up roughing a roughly 50% gain. Risk to reward for shorting isn’t very good. Second, it is sitting on a sizable stockpile of BTC, ETH, etc. if the crypto market turns due to the CLARITY Act passing, due to the fed engaging in QE, due to accelerating adoption, etc., then DJT will trade up along with the broader BTC/crypto market. That isn’t a problem if you want to be short on the crypto markets, but given how volatile upswings in those are, there are many who do not want to take that risk.
I have no position either way, but if you are going to play the short side you are probably better off buying puts to limit your downside exposure.

Should've gone further out on expiration. While Trump is still president you'll have a rough time getting DJT to $3 in my mind.

You should do it when he was elected
I remember there was an idiot who bought 1 million of DJT calls expired within a month two years ago

Sometimes investors try to blow up short positions in failing companies, and a few of the forum’s historical biggest winners have been leveraged long positions in those failing companies that blew out shorts over and over. DJT is a high volatility meme stock, so even though it’s a dumpster fire, the cost and risk profile of shorting it makes it a risky play.

Regardless of whether or not the content is trash (although it obviously is), their financials are horrendous. It has a long way to drop still. The problem is timing and interest/premiums. Everybody knows this piece of shit will sink, now they’re betting on when. Long-term options are also fairly illiquid: daily volume on DJT derivatives is very low in general.
I’m down somewhere in the ballpark of $3k from buying puts on this fucker, and I’m going to keep doing it until they hit. I’ve had a few good months, and some really bad ones.

It’s A, but if it gets pumped the actual DJT the person gets rich, and this is Reddit, so, nah bra.

Hear me out: Why don't we short DJT?

what an absolute mess, market was already struggling for a direction and DJT came in just to improve the confusion.

How? Markets are at an all time high under DJT