{"id":42488,"date":"2025-06-22T20:24:51","date_gmt":"2025-06-23T01:24:51","guid":{"rendered":"https:\/\/huewhite.com\/umb\/?p=42488"},"modified":"2025-06-22T20:24:51","modified_gmt":"2025-06-23T01:24:51","slug":"dont-sell-at-the-bottom-ctd-15","status":"publish","type":"post","link":"https:\/\/huewhite.com\/umb\/2025\/06\/22\/dont-sell-at-the-bottom-ctd-15\/","title":{"rendered":"Don\u2019t Sell At The Bottom, Ctd"},"content":{"rendered":"

Time for another check on the price of DJT<\/strong><\/em><\/a>, the stock of Trump Media & Technology Group<\/strong><\/em>, which was priced at $23.60 on May 27. And now?<\/p>\n

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

This monthly chart[1]<\/a><\/sup> shows DJT<\/strong><\/em> is currently in decline. Since my last casual note, my calculator shows DJT’s<\/strong><\/em> dropped 24.4%. Is this disaster?<\/p>\n

No, not in my experience. I have observed, and in a few instances, owned stocks that have dropped that much and more, and then recovered. All it takes is patience; the bold investor might even buy more.<\/p>\n

But there are no guarantees, folks<\/strong>. DJT<\/strong><\/em> could drop 20% tomorrow. In a month, it might go under the waves, never to be seen again. Or it could jump 20%.<\/p>\n

Thank goodness I’m not a financial advisor, and readers shouldn’t take this as anything more than an old investor’s observations of a certainly unusual company, a company with a social media product that reportedly doesn’t do well, an American President as its chief draw, and a cryptocurrency on offer.<\/p>\n

Speaking of, how’s that doing?<\/p>\n

\"\"<\/a>

CoinMarketCap<\/strong><\/em><\/a><\/p><\/div>\n

From Day Zero to today, it appears to have dropped quite a ways. Investors who’ve bought $TRUMP<\/em> coins are experiencing an unexpected depletion of their core wealth, I’d say, which is rather in line with everything Donald J. Trump touches.<\/p>\n

But I do recall Professor Richardson of Letters From An American<\/strong><\/em> commenting that $TRUMP<\/em> experienced a big drop during the week of feud between President Trump and Elon Musk[2]<\/a><\/sup>. Such feuds are not uncommon in politics, but inexperienced folks often assume that allies are forever and bonded at a deep level, when the reality is that it’s often an alliance of convenience, and breaks up as goals are accomplished, personalities clash over tactics – or someone decides their slice of the pie isn’t big enough. Consider the fate of former leading Communist revolutionary and Stalin ally Leon Trotsky<\/a>, exiled and assassinated.<\/p>\n

I have to wonder if investors are awakening to the facts of DJT<\/strong><\/em>.<\/p>\n

And President Trump’s bombing of Iran? I don’t expect that to affect the price of DJT<\/strong><\/em>. But we shall see.<\/p>\n

\n

<\/a>1<\/sup> It also appears to be exhibiting a bug in that the After Hours<\/em> display replicates the daily trading information of a 3.98% decline, yet the price hasn’t changed.<\/p>\n

<\/a>2<\/sup> I regret not finding the link.<\/p>\n","protected":false},"excerpt":{"rendered":"

Time for another check on the price of DJT, the stock of Trump Media & Technology Group, which was priced at $23.60 on May 27. And now? This monthly chart[1] shows DJT is currently in decline. Since my last casual note, my calculator shows DJT’s dropped 24.4%. Is this disaster? \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-42488","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\/42488","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=42488"}],"version-history":[{"count":3,"href":"https:\/\/huewhite.com\/umb\/wp-json\/wp\/v2\/posts\/42488\/revisions"}],"predecessor-version":[{"id":42493,"href":"https:\/\/huewhite.com\/umb\/wp-json\/wp\/v2\/posts\/42488\/revisions\/42493"}],"wp:attachment":[{"href":"https:\/\/huewhite.com\/umb\/wp-json\/wp\/v2\/media?parent=42488"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/huewhite.com\/umb\/wp-json\/wp\/v2\/categories?post=42488"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/huewhite.com\/umb\/wp-json\/wp\/v2\/tags?post=42488"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}