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re: DJT is the most expensive stock on the market to short - up to 900% annually

Posted on 4/6/24 at 9:49 pm to
Posted by Bestbank Tiger
Premium Member
Member since Jan 2005
71379 posts
Posted on 4/6/24 at 9:49 pm to
quote:

plan on buying some call options for December or January. If he is elected again this will skyrocket and if another catalyst happens prior to that same results


Is it worth taking a flyer on this?

The fundamentals look bad and the stock is tanking. On the other hand, there is the potential for a short squeeze and you might be able to profit from volatility by selling on a spike.
Posted by lsuconnman
Baton rouge
Member since Feb 2007
2700 posts
Posted on 4/7/24 at 4:54 pm to
I thought the djtww warrants would be a sure thing, and never thought it would collapse this spectacularly in less than a month. Seems like this meme stock lacks the devotees willing to flush their own money to make some principled point.
Posted by cwill
Member since Jan 2005
54753 posts
Posted on 4/8/24 at 9:46 am to
quote:

Is it worth taking a flyer on this?


Yes.
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