Truth Social stock
I am now very, very sorry that I didn't buy DJT stock. People are making a LOT of money from that stock.
According to https://www.cnbc.com/2024/04/03/trump-media-is-the-most-expensive-us-stock-to-short-by-far.html , if you want to short Truth Social, you need to pay between 750% and 900% of the stock price in annual financing costs.
In other words, the people who bought the stock, then lend it out to be short-sold, only need for DJT to still be around, at any price, about 50 days from now in order to make money from their investment.
And since I guess that Trump will push his cronies to keep purchasing the stock (as a way to bribe him), I strongly expect that DJT will last until the election.
Congratulations to the people with foresight in this market.
re: Truth Social stock
@Chip_Unicorn I too have pondered necromancy.
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