It’s time for that 6 week checkup on DJT, stock symbol for Trump Media & Technology Group Corp., I seem to indulge in. What progress has President Trump’s attempt at running a company based solely on his personal appeal made? Here’s its one month chart of stock prices:
Six weeks ago, February 21, 2025, the price of DJT was $27.80; DJT‘s price is is down 32% since. It’s fair to say DJT is paying the same price as the stocks of nearly all the other public companies on the market, due to President Trump’s deficient understanding of historical incidents and/or financial maneuvering.
For those who haven’t kept up, I refer to his imposition of tariffs on every bit of land in sight, including islands only occupied by penguins, using Congressional powers delegated to the office of President by Congress many years ago. A legislative branch controlled by rational folks would have withdrawn this delegation almost immediately; this provincial collection of dependent wusses? We’ll have to see if they remain a pack of dogs competing frantically for Trump favors, or if they’ll be growing up anytime soon. Long-time readers know about the Earl Landgrebe nominations on this blog, but I fear I have not kept up with the veritable shitstorm of potential nominations. Here’s an example for the curious.
Back to our subject, DJT‘s valuation (stock price X #outstanding shares) remains a bit over $4 billion, a mystifying fact in the face of a corporation with a primary, and even sole, offering of also-ran social media platform Truth Social, featuring Donald J. Trump. I am glad I was not one of those naive fools who were initial investors in this venture, or con if you prefer. My expectation is that’s lost money.
For those foreign leaders looking to bribe the President of the United States, perhaps offering and consummating a buyout of DJT at twice the price would be effective.
But DJT is not a proxy for President Trump’s popularity or respect accorded to him, or lack thereof; I think it’d be a mistake to use DJT for projecting political futures or maneuvers. Its price reflects the judgment of professionals of various disciplines: analysts of corporate ventures, financial advisors, and investors. These are modulated by market manipulators, who are naturally of a dishonest nature, and usually of foreign origin. At the moment, given DJT‘s valuation, the latter retain an advantage, along with that portion of the honest investing public who do not understand the essential nature of DJT and its principal. That advantage, however, is leaking away.
I expect DJT to move with the market. If the President abandons tariffs, it’ll move up with the balance of the market, and if he’s stubborn and insists that tariffs are, somehow, taxes on foreigners, it’ll move down, again with the market.
But I’m no financial guy. I’m a broken down software engineer, and this is just my view of DJT.