Might be time to take your losses now, it's going to get worse...
"To find the price-to-book ratio, you’d divide the share price by the book value per share. In terms of what’s a good price-to-book ratio, it’s generally
anything under 1, since that means the stock could potentially be undervalued."
Price to book ratio can be a helpful tool in spotting undervalued stocks. Learn how price to book ratio works and how to find it when comparing investments.
smartasset.com
Current DJT stock BVPS is 3.86
"One way that the 52-week high/low figure is used is to help determine an entry or exit point for a given stock. For example,
stock traders may buy a stock when the price exceeds its 52-week high, or sell when the price falls below its 52-week low. The rationale behind this strategy is that if a price breaks out from its
52-week range (either above or below that range), there must be some factor that generated enough momentum to continue the price movement in the same direction. When using this strategy, an investor may utilize
stop-orders to initiate new positions or add on to existing positions.
Trump Media 52 week high is $79.38 and the 52 week low is $12.40.
Current DJT per share price is $25.44
I saved this one for last because the cult won't likely read this far...
Trump Media shares tumbled Thursday after a decision from the Securities and Exchange Commission earlier in the week paved the way for more of its shares to be sold.
The insiders are starting to sell their warrants. Ha ha, 4/54/34 is specifically excluded from this decision. What does the current stock tumble mean?
The rats are leaving the sinking ship as fast as they are able to find buyers for this worthless stock/