For a company with a market capitalization of over $10 billion at its peak and revenue of only $4 million…normally it would be a no brainer to short the stock ….however, to implement the short , you need to borrow the stock…if you are able to borrow the stock….the cost to borrow the stock is astronomical. The other thing you have to be mindful of …you might be subject to a short squeeze and be forced to buy back at an in opportune time. Great in theory, but difficult to do in practice.
Anyone else shorting the shit out of DJT?
- Thread starter Robert Mugabe
- Start date
yep with these meme stocks ...take profit when you can! don't be greedyDJT stock up 14% today!!
DJT Stock Price and Chart — NASDAQ:DJT — TradingView
View live Trump Media & Technology Group Corp. chart to track its stock's price action. Find market predictions, DJT financials and market news.www.tradingview.com
It is important to realize with this MEME stocks that it is completely irrelevant what the value of the stock is [ this one is obviously worth close to ZERO . ] Today the stock was up 15%. If you prefer to gamble on this instead of at the casino just make sure that you have cash to back you up and are not vulnerable to a margin call. The ride will be bumpy and the crazies may very well drive the stock to over $50 in a hurry.
so true
money management is the most important aspect of investing and trading
you should never risk more than 1% of your trading account on any given trade
today DJT finally broke the previous day high, which was $27.45
my order got triggered at $27.46 one penny above yesterday's high
stop loss is set at $22.56 if that gets triggered I will lose $4.90 per share
my take profit is at $32.36 if that gets hit I will sell half of my position and move my stop to break even
in that case this will be basically a risk free trade
unless of course they find something against the rules and DJT gets delisted on Friday
that's why you should never risk more than 1% of your trading account !
www.tradingview.com
my order got triggered at $27.46 one penny above yesterday's high
stop loss is set at $22.56 if that gets triggered I will lose $4.90 per share
my take profit is at $32.36 if that gets hit I will sell half of my position and move my stop to break even
in that case this will be basically a risk free trade
unless of course they find something against the rules and DJT gets delisted on Friday
that's why you should never risk more than 1% of your trading account !
NASDAQ:DJT Chart Image by WonderingBear
www.tradingview.com
shorting this is not worth it even with risk management in place
much better to long and I'd argue more upside as we get closer to the election as i think trump will win
that's a harami (not perfect ) ,but ....in a downtrend, bullishtoday DJT finally broke the previous day high, which was $27.45
my order got triggered at $27.46 one penny above yesterday's high
stop loss is set at $22.56 if that gets triggered I will lose $4.90 per share
my take profit is at $32.36 if that gets hit I will sell half of my position and move my stop to break even
in that case this will be basically a risk free trade
unless of course they find something against the rules and DJT gets delisted on Friday
that's why you should never risk more than 1% of your trading account !
NASDAQ:DJT Chart Image by WonderingBear
had to look it up
I thought that in the harami pattern the second candle had to be completely engulfed by the first candle
but "for harami all that is required is that the second real body be within the first real body,
even if the shadow of the the second day is above or below the prior day's high and low."
thanks !
also volume today was highest in more than 2 weeks
NASDAQ:DJT Chart Image by WonderingBear
www.tradingview.com
DJT price hit my target today
made profit of almost 18% in two days
sold half and moved the stop loss to break even
this makes it a risk free trade from now on
NASDAQ:DJT Chart Image by WonderingBear
www.tradingview.com
will move the stop loss again and see how far we can take it
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got stopped out of DJT trade today
about 15% profit in 5 days
www.tradingview.com
about 15% profit in 5 days
NASDAQ:DJT Chart Image by WonderingBear
www.tradingview.com
I have gone quiet all of a sudden you may have noticed. Luckily I only had a small gamble. May 3rd is a ways away. April 26th not so much.
It's down to $45 and heading lower. Their financial statements were absolute shit and the grift is starting to hit the fan. Lol
Shorting is a fools game because stocks can only fall to 0 but its rise has no limits
You need ice water in your veins and lots of cash to lose
You need ice water in your veins and lots of cash to lose
