Forbes says: "Sell Trump Media Stock (DJT) Now - An Implosion Is Likely" (www.forbes.com)

submitted 6 months ago by GrymEdm@lemmy.world to c/antitrumpalliance@lemmy.world

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"This teetering tower of negative issues is a perfect reason for a mass shareholder exodus."

"This stock remains significantly overpriced, with a book value (price/net worth) under $2, a price to sales ratio of over 25x, a large negative profit margin, and a negative price/earnings ratio. All the new shares will make the negative fundamental picture even worse."

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[-] surewhynotlem@lemmy.world 4 points 6 months ago

It's called "shorting" the stock, and I think anyone can do it.

this post was submitted on 14 Apr 2024

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