The US Securities and Exchange Commission (SEC) has charged former president Donald Trump's auditor, Benjamin Borgers, with a "massive fraud" and a "sham audit mill." The SEC alleges that Borgers did not properly prepare and maintain audit documentation, fabricated audit planning meetings, and passed off previous audits for the current audit period. The SEC claims...
Hi everyone, Despite a significant drop of 21% today, our indicators suggest the downtrend might not persist. A rebound above the daily level could signal a bullish trend, potentially leading to a weekly cross above the monthly. This could aim the price towards the $63 mark, aligning with the 0.618 Fibonacci resistance level. Conversely, if the price dips below...
Unbiased scenarios for DJT media of Truth Social, based on simple conditions of holding or losing a neckline at 32 bucks. Below $32 = Bearish: A weekly close below $32 that isn't immediately recovered in the following week likely means it is headed further down towards 12.50. There is an unfilled gap around ~17.50-18.50, so at the very least it could revisit...
In a whirlwind of market activity, Donald Trump's media company, Trump Media & Technology Group ( NASDAQ:DJT ), made its much-anticipated debut on Wall Street, sparking fervent investor interest and a flurry of speculation about the former president's latest venture. Shares in Trump's media empire surged an astonishing 50% in early trading, as eager investors...
DWAC voted to merge with former presidental Trump social media enterprise. Then a CNBC staff writer has an article: Donald Trump told followers, “I LOVE TRUTH SOCIAL” — but shareholders in the newly merged company that will own that social media app might not feel so great. The shell company Digital World Acquisition Corp. saw its share price plunge nearly...
If Elon Musk doesn`t buy Twitter, that doesn`t mean he`s affiliated with Truth Social. If you haven bought DWAC they announced the merger: or short it at $55: then this rally today seems to me the perfect opportunity to buy $10 puts expiring early 2023. Not because i don`t believe in the project, but because it`s overvalued at this point. The market cap...
I first bough DWAC at $12: Thinking that Truth Social will take some market capitalization from Twitter and Facebook: But since Elon Musk wants and most likely Will buy Twitter and enable true free speech on the platform, where Donald Trump won`t get banned that easily, then what is the purpose of DWAC (Truth Social and the rest) anyways??? Ok, let`s say it`s...
After it took some of the market capitalizations of both Twitter and Facebook: now Trump media is facing a real opponent: Elon Musk. one of the most admired men in the planet. Musk transformed TSLA into a cult, the first meme stock, before meme stocks were cool. And it looks like the only one who can save Twitter too. In which he bought a 9.2% stake, worth...
Truth Social was released in App Store on Presidents Day, like expected: If you haven`t bought it when the merger was announced: Or see this comparison: Then you should know that $110 is my price target!
If you haven`t bought it before the $180 pump: or after the retracement and short term price target: Then you should know that DWAC had received a $1 billion investment from a group of institutional investors. Coincidentally or not, Saba Capital Management announced on Dec. 9 that it had purchased a stake in DWAC. Now that Jack Dorsey has left Twitter, i think...
CRTD is one of the most undervalued Trump related stocks right now based on fundamentals. Creatd Q3 net revenues increased 178% YoY and 22% quarter-over-quarter. Revenue guidance for FY 2022 of $10 to $15 million, a 100+% increase over expected FY 2021 revenues. My valuation is 90mil mk cap. The Market Cap right now is 36.828Mil My price target is 5.5usd.
Phunware (PHUN), a Trump related stock, is a software company, which collaborated on Trump’s re-election campaign. On 11/15/2021 HC Wainwright brokerage Boosted the Price Target to Buy from $2.00 to $5.50 My short term price target is the 5.7usd resistance and on medium term i see the stock trading at 8.6usd. Looking forward to read your opinion about it.
If you haven`t bought DWAC before the first pump: The you should know that Jack Dorsey left Twitter and there is a place left for a new twitter in town. Yesterday's surge followed a Reuters report that Trump Media & Technology Group is looking to raise up to $1 billion in additional funding. The venture's valuation would rise to nearly $3 billion, according...
Donald Trump announced yesterday the creation of the Trump Media & Technology Group (TMTG) which will develop and launch a new social network! Trump Media & Technology Group and Digital World Acquisition Corp. DWAC have entered into a definitive merger agreement. The transaction values TMTG at an initial enterprise value of $875 Million, with a potential ...