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Technology Stocks DWAC/DJT: Truth Social goes public

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From: kidl	9/27/2024 10:11:37 AM
	of 95

DJT stock: Trump Media co-founder dumps about $100 million worth of stock \| CNN Business

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To: kidl who wrote (62)	9/27/2024 11:42:12 AM
From: ralfph	of 95

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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To: ralfph who wrote (63)	9/28/2024 8:46:02 PM
From: Dan3	1 Recommendation of 95

11m insider shares down, ~130m $0 cost insider shares to go... nasdaq.com

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From: kidl	10/1/2024 5:30:30 AM
	of 95

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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To: kidl who wrote (65)	10/1/2024 6:39:23 AM
From: Jhana	of 95

It sure isn't fundamentals. The competing hedgies can drag the stock anywhere they like if they are willing to use their weight to move shares around. Trapping shorts is one of their favorite sports.

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From: Dan3	10/3/2024 4:53:05 PM
	of 95

Uh-Oh Trump Media COO quits; DJT turns over more shares to SPAC investor in court fight cnbc.com

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To: Dan3 who wrote (67)	10/4/2024 12:00:06 PM
From: ralfph	1 Recommendation of 95

Yep the action is absurd ca.finance.yahoo.com voting for donnie is absurd, a secret group creating hurricanes and directing them is absurd - never underestimate the number of Americans who will buy into fantasy.

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From: kidl	10/15/2024 5:59:17 PM
	of 95

Volume + drop = ??? DJT: Trump Media shares halted after sudden stock plunge (cnbc.com)

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To: kidl who wrote (69)	10/16/2024 8:32:38 AM
From: Jhana	1 Recommendation of 95

It's a pack of traders fighting over a chew toy. Nothing to do with what we normally consider a stock.

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From: Jhana	10/18/2024 2:28:06 PM
	1 Recommendation of 95

Probably the same thing in the stock.... *Bet on it:* On the crypto-based Polymarket, where users can bet on the outcome of the election, Trump’s chance of victory has recently skyrocketed. While Trump’s supporters have touted the shift as a new sign that the race is trending toward their candidate, “the surge might be a mirage manufactured by a group of four Polymarket accounts that have collectively pumped about $30 million of crypto into bets that Trump will win.”

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