DJT has some crazy short float percentage. Currently around 193%.
Let me be clear, the fundamentals of this company are just simply bad.
This is not for the faint hearted and this idea is pure gamble and sentiment play.
Looks like we have entered meme season and election is coming up. Trump supporters might be ready to buy this hand over fist and everyone likes a good short squeeze!
GME and AMC are up like 50% in pre market and DJT is meandering around this short term rectangle.
I will be monitoring the 55 area and willing to put in a small size with stops below 50.