Donald Trump’s company, Trump Media, was already tradable for a while as Digital World Acquisition Corp. (DWAC) stock. However, now that it’s been converted to DJT stock, it’s getting a lot of press coverage – though much of it is political rather than financial.
It’s fine if you want to express your political beliefs through your portfolio holdings. After all, you shouldn’t invest in anything you don’t believe in.
As Tuttle Capital Management CEO Matthew Tuttle suggested, Trump Media stock is a red-hot asset during a history-making election year. “Right now it’s the election stock. Good news for Trump, good news for the stock,” Tuttle explained.
Yet, the mainstream press rarely publishes any “good news for the stock.” Since its debut, Trump Media stock has been framed as a meme stock, and even as a political campaign contribution.
Trump assured that his media company has no debt and $200 million in cash. Moreover, DWAC’s shareholders approved the merger which allowed Trump Media to become a publicly tradable business. This is what the shareholders demanded, and now people are free to buy and sell DJT stock as they please.
DJT stock. Courtesy: Google Finance
Indeed, they’ve been buying it hand over fist, though not without volatility along the way. But then, newly tradable stocks are often prone to volatility as they achieve price discovery.
On social media, and especially on Elon Musk-owned X (which used to be called Twitter), self-appointed experts are quick to mock DJT stock. On the other hand, investors who have held the shares since they traded as DWAC stock are doing quite well.
93% Of Investors Generate Annual Returns, Which Barely Beat Inflation.
Wealth Education and Investment Principles Are Hidden From Public Database On Purpose!
Build The Knowledge Base To Set Yourself Up For A Wealthy Retirement and Leverage The Relationships We Are Forming With Proven Small-Cap Management Teams To Hit Grand-Slams!
Interestingly, the Justice Department and the SEC under the Biden administration delayed the Trump Media merger for more than two years. However, much like spot Bitcoin ETFs, DJT stock could only be blocked and suppressed by the government for so long.
Naturally, the stock’s public debut was met with immediate criticism. For instance, one university professor called Trump Media stock “grossly overvalued” and declared that its “price is divorced from fundamental value.”
Courtesy: MarketWatch
The potential problem here is that some commentators are trying to compare apples to oranges. It’s unreasonable to put Trump Media in the same category as product manufacturers like Nvidia and Tesla. Even social-media platforms like Meta and Snap don’t really belong in the same category as Trump Media.
That’s because Trump Media and Truth Social aren’t trying to be mainstream-media outlets. Rather, they’re free-speech havens for alternative, conservative-leaning viewpoints.
In other words, Trump Media is populist, not conformist. Consequently, DJT stock is an investment in the emergence of a diversified group of Americans that have been silenced for a very long time.
The fact that you’re reading this implies that you’re open-minded enough to consider alternative-media viewpoints and savvy enough to reject the mainstream’s agenda. It takes a certain type of guts and independence to think differently and form your own beliefs.
Many people wouldn’t dare to invest in Trump Media stock because it’s speculative, and that’s understandable. However, a fully diversified portfolio should be able to accommodate a handful of small, speculative positions. So, if you expect the market for unconventional expression and alternative viewpoints to open up in the coming years, DJT stock might be worth a look.
Governments Have Amassed ungodly Debt Piles and Have Promised Retirees Unreasonable Amounts of Entitlements, Not In Line with Income Tax Collections. The House of Cards Is Set To Be Worse than 2008! Rising Interest Rates Can Topple The Fiat Monetary Structure, Leaving Investors with Less Than Half of Their Equity Intact!
Protect Yourself Now, By Building A Fully-Hedged Financial Fortress!
Disclaimer/Disclosure:
Legal Notice: No matter how good an investment sounds, and no matter who is selling it, make sure you’re dealing with a registered investment professional. Use the free, simple search at investor.gov
We are not brokers, investment or financial advisers, and you should not rely on the information herein as investment advice. We are a marketing company. If you are seeking personal investment advice, please contact a qualified and registered broker, investment adviser or financial adviser. You should not make any investment decisions based on our communications. Our stock profiles are intended to highlight certain companies for YOUR further investigation; they are NOT recommendations. The securities issued by the companies we profile should be considered high risk and, if you do invest, you may lose your entire investment. Please do your own research before investing, including reading the companies’ SEC filings, press releases, and risk disclosures. Information contained in this profile was provided by the company, extracted from SEC filings, company websites, and other publicly available sources. We believe the sources and information are accurate and reliable but we cannot guarantee it.
Please read our full disclaimer at CrushTheStreet.com/disclaimer