Trump Media and Technology Group going public via SPAC
Yeah please add this!
I rarely ever attempt to trade, but I did yesterday and ended up closing the day with £420 profit on this one. Crazy stuff
As much as I think it’ll be a redneck breeding ground, I think it’s a good 12 - 24 month investment
This is a hot mess, there are lots of people rushing money into this based solely on Trump - they don’t even have a working platform yet. This business will be, like most of his business, a hot mess! It’ll be a wild ride though.
It’s bat crazy and won’t ever work…
But think it’ll be the meme stock of the century…
Hurry up FreeTrade … I’ve got my popcorn ready
Why would anyone invest in this… it will last about 12 minutes before he pulls the plug - like he did for his blog, steaks, vodka, airline, university (list goes on). It’s already been hacked and found to rip code from Mastadon - by the time it ‘launches’ it’ll be dead.
Didn’t you write a massive post about losing tons with SPACs? Does this seem like a healthy choice given what you’ve been through recently? No offence here.
It’s essentially crazy gambling with (this) SPAC at the moment.
I didn’t ever say I was going to buy any ? Yes I did do a massive post re Spacs … and as a result I’m in the process of completely changing my portfolio and mindset… I will be posting a ‘massive’ response to that post… soon…
No offence taken I appreciate the advice.
I think anyone putting money into this knows it’s 100% risk / Gamble.
TBF read her next post above yours I think it could be a good earner if playing the peaks but it won’t last long probably.
This stock is nuts its up another 80% PM this could hit 100 or tank hard its a guessing game at the moment. There maybe opportunities to day trade this stock but surely we come back down soon. People on social media are throwing out PT of $200 I’ve even seen some as high as $500. There will be alot of people that will end up losing a ton of money on this stock if they buying at these levels.
So true, there are enough Q’s out there to get it up but it is only a matter of how long until it goes tits up?
It’s now just under 100% PM this is nuts they must really love trump:sweat_smile:
Did anyone getting in on this.
Are Freetrade gonna onboard this one?! The ones that go parabolic they always haven’t gotten around to onboarding yet. I don’t know why the million users aren’t very irritated by this… Should be their #'1 priority to onboard all LSE, NYSE and NASDAQ stocks.
Well even if they added this it’s not one to buy far to much risk. This will go back down soon it hasn’t even got a product yet.
I don’t think it’s about the company any longer, it’s trading like a cryptocurrency which Trump supporters can concentrate around.
Because the whole platform has been built to build wealth, the secret sauce to achieve this is to avoid emotional / day / swing trading.
Maybe if you want all the extremely high risk stocks another platform would be better. As this is designed more around longterm investing not day or swing trading.