One view:
The Bottom Line
An interesting article on CNN mentions a series of risks, legal and financial for Trump. Their development is critical as it should directly impact shares of TMTG.
From a valuation perspective, it is too hard to justify the stock price and the market capitalization. There could be stock dilution soon and now the fundamentals are non-existent, only projections exist by TMTG.
To be safe now it is best to avoid the DWAC stock. Yes, it is flirting with bubble territory, but it remains highly volatile. Let the smart money decide its path. We know the logical outcome, we do not know the timing though.
https://finance.yahoo.com/news/safe-best-avoid-trump-digital-202846696.html
The Bottom Line
An interesting article on CNN mentions a series of risks, legal and financial for Trump. Their development is critical as it should directly impact shares of TMTG.
From a valuation perspective, it is too hard to justify the stock price and the market capitalization. There could be stock dilution soon and now the fundamentals are non-existent, only projections exist by TMTG.
To be safe now it is best to avoid the DWAC stock. Yes, it is flirting with bubble territory, but it remains highly volatile. Let the smart money decide its path. We know the logical outcome, we do not know the timing though.
https://finance.yahoo.com/news/safe-best-avoid-trump-digital-202846696.html
