311
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
this post was submitted on 18 Jun 2024
311 points (98.7% liked)
politics
19170 readers
4590 users here now
Welcome to the discussion of US Politics!
Rules:
- Post only links to articles, Title must fairly describe link contents. If your title differs from the site’s, it should only be to add context or be more descriptive. Do not post entire articles in the body or in the comments.
Links must be to the original source, not an aggregator like Google Amp, MSN, or Yahoo.
Example:
- Articles must be relevant to politics. Links must be to quality and original content. Articles should be worth reading. Clickbait, stub articles, and rehosted or stolen content are not allowed. Check your source for Reliability and Bias here.
- Be civil, No violations of TOS. It’s OK to say the subject of an article is behaving like a (pejorative, pejorative). It’s NOT OK to say another USER is (pejorative). Strong language is fine, just not directed at other members. Engage in good-faith and with respect! This includes accusing another user of being a bot or paid actor. Trolling is uncivil and is grounds for removal and/or a community ban.
- No memes, trolling, or low-effort comments. Reposts, misinformation, off-topic, trolling, or offensive. Similarly, if you see posts along these lines, do not engage. Report them, block them, and live a happier life than they do. We see too many slapfights that boil down to "Mom! He's bugging me!" and "I'm not touching you!" Going forward, slapfights will result in removed comments and temp bans to cool off.
- Vote based on comment quality, not agreement. This community aims to foster discussion; please reward people for putting effort into articulating their viewpoint, even if you disagree with it.
- No hate speech, slurs, celebrating death, advocating violence, or abusive language. This will result in a ban. Usernames containing racist, or inappropriate slurs will be banned without warning
We ask that the users report any comment or post that violate the rules, to use critical thinking when reading, posting or commenting. Users that post off-topic spam, advocate violence, have multiple comments or posts removed, weaponize reports or violate the code of conduct will be banned.
All posts and comments will be reviewed on a case-by-case basis. This means that some content that violates the rules may be allowed, while other content that does not violate the rules may be removed. The moderators retain the right to remove any content and ban users.
That's all the rules!
Civic Links
• Congressional Awards Program
• Library of Congress Legislative Resources
• U.S. House of Representatives
Partnered Communities:
• News
founded 1 year ago
MODERATORS
your share price is wrong, its $31.06 right now down from $34.72 at opening today (about 11.5% down). Hopefully it'll be down to less than a penny before Trump is allowed to sell them, that would be amazing. It was down to $30 earlier (about 13.6% down), but its rebounding slightly on people buying the dip so they can lose it tomorrow as it continues to drop. Less than a month ago (May 30) it was up to $55/share, so in 2.5 weeks its dropped 43.5%. From its High of $66.22 on April 25, its lost 53.1% of its value. So less than 2 months it lost over half its value, lets hope it loses the other half in the next 2 months.
Edit: 2 days later and its currently down 58.82% from April 25 to $27.27 a share, so it lost 4 bucks in 2 days already. Lets-a-go, if it keeps this pace it'll be worthless by next weekend. Though its highly unlikely that will happen that quickly, likely going to see some pumps and dumps and rebounds while steadily keeping the trending direction.
Trump Media trades on NASDAQ, and of course uses a ticker that is also in use on the NYSE. Use djt:nasdaq to keep up to date on its falling stock price.
Holy shit it looks like it has dipped to 25. Is that common after market hours?
Welp, time to buy shorts...or is it puts? (I'm not a stock trader, which ever is the one you buy when you're predicting a drop in stock price lmao)
Id recommend doing neither if youre not comfortable with the terms.
Shorts can be particularly dangerous. Puts/Calls tend to at least be a static gain or loss, although it can be large as well.
In this instance where you want to bet money on a stock falling, you would buy a put or sell a call. You can buy and sell for different time frames and different total amounts, but that's extra complexity. Start very small, standard length and only 1 contract at a time.