AwesomeAvani

DJT falls on stratospheric valuations SHORT

Singkat
BATS:DJT   Trump Media & Technology Group Corp.
DJT, the Trump media company, had a massive run up after the DWAC merger only to fade and

fall with the SEC filing showing minimalistic revenue and negative earnings. It moved up in

meme fashion but is now falling as fundamentals come to light. In five months the namesake

will be able to sell if there is any remaining value. In the meanwhile, the board will likely

refuse an early sell permission because that would like cause a " long squeeze". DJT is a good

short right now no matter the locate and carry fees which are very high. I was long DWAC

and am now short DJT using the profits from the merger volatility. Selling volumes are rising

showing the longs are beginning to get squeezed. The relative trend indicator shows

a strong move down.
Penafian

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