{"id":41382,"date":"2024-11-03T20:16:26","date_gmt":"2024-11-04T02:16:26","guid":{"rendered":"https:\/\/huewhite.com\/umb\/?p=41382"},"modified":"2024-11-03T20:16:26","modified_gmt":"2024-11-04T02:16:26","slug":"dont-sell-at-the-bottom-ctd-5","status":"publish","type":"post","link":"https:\/\/huewhite.com\/umb\/2024\/11\/03\/dont-sell-at-the-bottom-ctd-5\/","title":{"rendered":"Don\u2019t Sell At The Bottom, Ctd"},"content":{"rendered":"

A week ago DJT<\/em><\/strong><\/a>, the stock of the company of Mr Trump, was selling for $40 a share. Give or take. How about now?<\/a><\/p>\n

Bad news for share owners:<\/p>\n

\"\"<\/a><\/p>\n

That’s a 25% drop in a week. I’ve also chosen to show the monthly chart, rather than the usual daily chart. This view illustrates the frantic lifting of DJT<\/strong><\/em> to the heights, and the equally catastrophic fall. While unrealized losses aren’t really losses unless the company actually goes under, I think there’s a lot of Trump supporters who are crying into their beer on this fall, and I doubt it’ll recover. Mr Trump may be one of them, as I’m not seeing any news items saying he sold out. One site claims his net worth declined $1.3 billion. My oh my.<\/p>\n

Again, I could be wrong, but as an old colleague, Stu, once said concerning the stock of Silicon Graphics<\/em><\/strong>, That was a dead cat bounce. <\/em>The stock may go up, but that doesn’t mean much.<\/p>\n

And I will not be trying to take advantage of DJT<\/em><\/strong>. I do not expect this company to survive, but dying companies can rip the avaricious investor into little pieces.<\/p>\n","protected":false},"excerpt":{"rendered":"

A week ago DJT, the stock of the company of Mr Trump, was selling for $40 a share. Give or take. How about now? Bad news for share owners: That’s a 25% drop in a week. I’ve also chosen to show the monthly chart, rather than the usual daily chart. \u2026 Continue reading → <\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"nf_dc_page":"","_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-41382","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/huewhite.com\/umb\/wp-json\/wp\/v2\/posts\/41382","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/huewhite.com\/umb\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/huewhite.com\/umb\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/huewhite.com\/umb\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/huewhite.com\/umb\/wp-json\/wp\/v2\/comments?post=41382"}],"version-history":[{"count":1,"href":"https:\/\/huewhite.com\/umb\/wp-json\/wp\/v2\/posts\/41382\/revisions"}],"predecessor-version":[{"id":41384,"href":"https:\/\/huewhite.com\/umb\/wp-json\/wp\/v2\/posts\/41382\/revisions\/41384"}],"wp:attachment":[{"href":"https:\/\/huewhite.com\/umb\/wp-json\/wp\/v2\/media?parent=41382"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/huewhite.com\/umb\/wp-json\/wp\/v2\/categories?post=41382"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/huewhite.com\/umb\/wp-json\/wp\/v2\/tags?post=41382"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}