This is not financial advice, just an observation.
What I’m about to say should surprise no one, everything the media says is somewhere between a full lie and a gross manipulation of the truth. This includes the investment media.
This morning, I caught a clip of four pretentious snobs from Yahoo Finance basically laughing at Trump’s stock DJT that went public on the NASDAQ on Tuesday. They were calling it a meme stock, meaning it lacks fundamentals and anyone who invests into it is basically throwing away their money. They’ve done the same with Bitcoin in the past, which is up 155% in the last year.
These talking heads could barely contain their laughter when talking about Trump’s stock that adds between $4-6 billion to his net worth. The article that accompanied the clip called Trump’s added net worth “paper money”. You see when any other stock goes up, they call it growth, but when Trump’s stock goes up it’s called “paper money.”
I should probably take a step back and explain that DJT is Trump Media, which merged with DWAC a stock that was basically collecting money to merge with Trump Media at some point in the future. DWAC took off a couple of years ago when it became known that it was going to be the vehicle from which Trump Media would be funded.
DWAC has suffered for over two years because the SEC, the organization that regulates Wall Street was blocking the merger from happening. Why would they block the merger, which entered uncharted waters when it comes to regulator corruption? They were blocking it to keep Trump from getting his money. On Friday the merger finally went through and DWAC/DJT has since shot up in stock price. Exactly what the Deep State doesn’t want to happen. DWAC actually started to go up following the Iowa Caucus in January when it became apparent Trump would become the Republican Nominee.
So now the smear campaign begins. DJT is a meme stock and anyone who invests in it is simply a fool. But Nvidia on the other hand is a solid investment in their eyes. The 550% growth since the artificial intelligence nonsense started being pushed when Chat GPT went public 15 months ago is smart investing. Nvidia whose price is 75 times earnings. For reference, Exxon Mobile is 12 times earnings. In general, 5-10 times earnings is a really good value, 11-15 is a good value. 20 times earnings is ok. Anything over 25 times earning could be considered very over-priced. 75 times earnings is on another level of a stock being valued way more than the company produces. Price to earnings isn’t everything when it comes to investing, but I think you get my point.
Here’s the process. First the corrupt within Wall Street tried to force the price of DWAC down when it first went live. Then the corrupt SEC refused to allow the merger to go through with DWAC and Trump media. This not only kept the stock price down, but it kept Trump from getting the money investors invested to give to him. Now that DJT is shooting up in value, the smear campaign begins.
The corrupt in Wall Street will likely continue to try and sabotage the stock price of DJT. The media will likely continue to ridicule the stock. But, at some point, big investors who already seem to understand Trump will live in the White House again, will try to get on Trump’s good side. “I invested in your stock.” “I’m not like the others who tried to ruin you.” “Please Mister Trump, please Mister Trump.”
The begging for mercy will be glorious.
Thanks for this observation. I knew of the merger and the DJT stock. I also knew that the SEC had wrongfully delayed the merger. You laid it all out here to understand the timeline and their methods.
Do they think other stocks are not "paper money"? Ridiculous. They should just say it's all fiat money.
That's what the Congress uses to continue funding everything we are against, just zeros on an electronic account. TDS is evident at Yahoo.
Perfect update and analysis. I just ordered another set of Commie Tears coffee mugs 😁👍🇺🇸