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Trump's Truth Social to start trading under the ticker "DJT" on Tuesday

It's a meme stock that depends solely on one person. It is entertaining to see people celebrating the rise in price, with the hopes someone has the sense of knowing when to cash in because it will eventually drop.
@Bucky said he was in on the first day and bought a lot.

So he probably paid $60-$80 per share.

So he's probably only $20-$40 under water per share.
 
In early trading Truth Social on Monday, shares climbed about 30% to a price of $40. That figure marked the highest level for the stock in more than a month.

 
In early trading Truth Social on Monday, shares climbed about 30% to a price of $40. That figure marked the highest level for the stock in more than a month.

Yep, which confirms that this is a meme stock since nothing about its financial fundamentals drove that increase.
 
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