From: Jhana | 9/25/2024 9:49:35 AM | | | | Heavily shorted stocks always turn into cage fights where different herds of hedge funds do their best to wipe each other out with squeezes and more shorting. Like a pack of dogs all fighting over the same chew toy. |
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To: Jhana who wrote (56) | 9/25/2024 12:49:04 PM | From: ralfph | | | This is a perfect platform for funneling money to Donnie. And you have the loons buying single shares - be interesting to know who has been short and how large the total number of shorts there are. |
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To: ralfph who wrote (57) | 9/25/2024 2:29:26 PM | From: Jhana | | | It makes a lot more sense as a money-laundering scheme than as a stock. The site has zero hopes to scale any more than it is now, so ultimately the company stock is worth nothing.
Cash flow kills businesses very effectively. They run out of it. |
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To: Jhana who wrote (58) | 9/25/2024 3:45:01 PM | From: ralfph | | | Picture this, trump loses the popular vote but some whacked out state does not accept the results. donnie starts whining and throws a tantrump. The electoral college sides with donnie . donnie becomes dicktator - and DJT becomes the only source for government text communication. Might be part of a Heritage plan, although I think the plan is for JD to step in
Tongue in cheek, foot in mouth - but with putin and other deep pockets in control of the republican party and tossing out a conspiracy every day, this election is far from a done deal.
He loses, DJT will end up a foot note. |
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To: ralfph who wrote (59) | 9/25/2024 4:59:53 PM | From: Jhana | | | If you mean government information distribution, I doubt the site could scale to handle that. Plus, Congress would have to put that into spending legislation for every single agency, which is highly unlikely even if they have majorities.
It won't increase its user base beyond the MAGA types, which is where the real money comes from. Few users, little ad revenue or selling extra services.
Hell, Elon can't make Twitter work as an ideological megaphone. He has trashed something like 80% of their ad revenues. Truth Social will never even reach a tiny fraction of that on a good day.
Once the props are pulled out, this one is done. |
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To: Jhana who wrote (60) | 9/25/2024 6:54:34 PM | From: ralfph | | | I certainly hope you are correct in this case and with all your points.
Speaking of eX I do not understand why people put links to articles posted on the site that are cut and pasted from other sources. I do my best to link to the original source when possible.... and cut the eX platform out of the link |
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To: kidl who wrote (62) | 9/27/2024 11:42:12 AM | From: ralfph | | | That was smart of them. They dumped pretty much 11 million shares. The take for them should be about 130 million bucks - a hell of an example of wealth transfer |
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From: kidl | 10/1/2024 5:30:30 AM | | | | DJT up another 7% in pre-market to $17.15. This now makes it a 40% jump since its Sept 23 low of $12.15.
Traders just doing their thing or an election poll? |
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