{"id":44175,"date":"2026-03-22T10:13:51","date_gmt":"2026-03-22T15:13:51","guid":{"rendered":"https:\/\/huewhite.com\/umb\/?p=44175"},"modified":"2026-03-22T10:13:51","modified_gmt":"2026-03-22T15:13:51","slug":"dont-sell-at-the-bottom-ctd-23","status":"publish","type":"post","link":"https:\/\/huewhite.com\/umb\/2026\/03\/22\/dont-sell-at-the-bottom-ctd-23\/","title":{"rendered":"Don\u2019t Sell At The Bottom, Ctd"},"content":{"rendered":"<p>It&#8217;s been a month or so since <a href=\"https:\/\/huewhite.com\/umb\/2026\/02\/08\/dont-sell-at-the-bottom-ctd-22\/\" target=\"_blank\" rel=\"noopener\">I last commented<\/a> on <strong>DJT<\/strong>\u00a0(<em><strong>Trump Media &amp; Technology Group<\/strong><\/em><strong> Corp<\/strong>), and a lot has happened since then related to <strong><em>DJT<\/em><\/strong>&#8216;s star property, namely Donald J. Trump, President of the United States. Do investors see the future of\u00a0 <em><strong>DJT<\/strong><\/em>, in view of the war initiated with Iran by Trump, his reactions to losing the tariffs case in the Supreme Court, as well as as Trump&#8217;s behaviors, in a positive or negative light?<\/p>\n<p>It seems negative. On February 8 <em><strong>DJT<\/strong><\/em>&#8216;s price per share closed at $11.45, while last Friday, March 20th, investors priced that same share and market close at $8.58, for a <strong>25% drop in value<\/strong>. See <a href=\"https:\/\/finance.yahoo.com\/quote\/DJT\/\" target=\"_blank\" rel=\"noopener\">here<\/a> for a current price. Or, as the <em><strong>Wall Street Journal<\/strong> <\/em>headline explained,<\/p>\n<blockquote>\n<p class=\"clamp  yf-1802k7y\"><strong>DJT Stock Falls to All-Time Low<\/strong><\/p>\n<\/blockquote>\n<p>I do not see the <em><strong>DJT<\/strong> <\/em>price and price trend as a prognostication of Trump&#8217;s political future. Investors are focused on economic futures, and politics has varying influence on the future of companies, which is sometimes leads to unpredictable results.<\/p>\n<p>But <em><strong>DJT<\/strong><\/em>&#8216;s future is inevitably tied up in Trump, and as his popularity wanes further, <em><strong>DJT<\/strong><\/em>&#8216;s chief product and <a href=\"https:\/\/finance.yahoo.com\/news\/trump-media-technology-group-djt-220727230.html\" target=\"_blank\" rel=\"noopener\">potential spinoff material<\/a>, <em><strong>Truth Social<\/strong><\/em>, will continue to lose value. The value of any social media is partially determined by the trustworthiness of its lead participants, and the trustworthiness of the Mendacity Machine, <em>aka<\/em> Trump, is virtually zero. Only those who see Trump as a ladder to fame and fortune use <em><strong>Truth Social<\/strong><\/em>, I rather suspect.<\/p>\n<p>Another headline, this one from <em><strong>24\/7 Wall St<\/strong><\/em>, points to another problem:<\/p>\n<blockquote>\n<p class=\"clamp  yf-1802k7y\"><strong>DJT Is No Longer a Media Company. It\u2019s a Bitcoin Treasury With a Brand<\/strong><\/p>\n<\/blockquote>\n<p>That problem is that cryptocurrencies are losing value. <em><strong>Bitcoin<\/strong> <\/em>(<a href=\"https:\/\/coinmarketcap.com\/currencies\/bitcoin\/\" target=\"_blank\" rel=\"noopener\"><em><strong>BTC<\/strong><\/em><\/a>) coins are now trading at below $70K\/coin, well off its TTM (trailing twelve month) high of $124K\/coin. It&#8217;s been in this range for a while, so it may recover &#8211; but I won&#8217;t be betting on it. I am <a href=\"https:\/\/huewhite.com\/umb\/2026\/02\/07\/currency-always-has-costs-ctd-58\/\" target=\"_blank\" rel=\"noopener\">still inclined to agree<\/a> with Mr. Farr:<\/p>\n<blockquote>\n<p data-eci=\"true\">Richard Farr, chief market strategist and partner at Pivotus Partners, has issued a stark prediction for Bitcoin (<a title=\"Bitcoin USD\" href=\"https:\/\/seekingalpha.com\/symbol\/BTC-USD#hasComeFromMpArticle=false#source=section%3Amain_content%7Cbutton%3Abody_link%7Cfirst_level_url%3Anews\">BTC-USD<\/a>), setting a price target of zero for the cryptocurrency.<\/p>\n<p>\u201cOur BTC price target is 0.0. That\u2019s not just for shock factor. It\u2019s where the<span class=\"paywall-full-content invisible\">\u00a0math takes us,\u201d the strategist said, noting that Bitcoin (<\/span><a class=\"paywall-full-content invisible\" title=\"Bitcoin USD\" href=\"https:\/\/seekingalpha.com\/symbol\/BTC-USD#hasComeFromMpArticle=false#source=section%3Amain_content%7Cbutton%3Abody_link%7Cfirst_level_url%3Anews\">BTC-USD<\/a><span class=\"paywall-full-content invisible\">) has failed to function as a dollar hedge and instead operates as \u201ca speculative instrument correlated to the Nasdaq.\u201d \u2026<\/span><\/p><\/blockquote>\n<p>And <em><strong>DJT<\/strong><\/em>&#8216;s <a href=\"https:\/\/huewhite.com\/umb\/2025\/12\/30\/dont-sell-at-the-bottom-ctd-21\/\" target=\"_blank\" rel=\"noopener\">foray<\/a> into fusion power? While its potential is great, the required investment is huge and requires immense expertise. Don&#8217;t expect a cheapskate like Donald J. Trump, always distracted by cost, to even try to pull it off.<\/p>\n<p>Finally, I&#8217;d be remiss if I didn&#8217;t echo the observations of many pundits: President Trump appears to be descending into dementia. Listening to some of his press conferences is to try to interpret gibberish, as the jumps from topic to topic morph into meaningless noises. Perhaps his legion of minions should suggest Trump is the second coming of the <a href=\"https:\/\/en.wikipedia.org\/wiki\/Pythia\" target=\"_blank\" rel=\"noopener\">Delphic Oracle<\/a>. But it bodes poorly for <em><strong>DJT<\/strong><\/em>.<\/p>\n<p>As always, I&#8217;m just an investor with an opinion and a mouth. There is no certified financial advice present in this post, nor should it be taken that way.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>It&#8217;s been a month or so since I last commented on DJT\u00a0(Trump Media &amp; Technology Group Corp), and a lot has happened since then related to DJT&#8216;s star property, namely Donald J. Trump, President of the United States. Do investors see the future of\u00a0 DJT, in view of the war \u2026 <a class=\"continue-reading-link\" href=\"https:\/\/huewhite.com\/umb\/2026\/03\/22\/dont-sell-at-the-bottom-ctd-23\/\"> Continue reading <span class=\"meta-nav\">&rarr; <\/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-44175","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\/44175","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=44175"}],"version-history":[{"count":1,"href":"https:\/\/huewhite.com\/umb\/wp-json\/wp\/v2\/posts\/44175\/revisions"}],"predecessor-version":[{"id":44176,"href":"https:\/\/huewhite.com\/umb\/wp-json\/wp\/v2\/posts\/44175\/revisions\/44176"}],"wp:attachment":[{"href":"https:\/\/huewhite.com\/umb\/wp-json\/wp\/v2\/media?parent=44175"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/huewhite.com\/umb\/wp-json\/wp\/v2\/categories?post=44175"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/huewhite.com\/umb\/wp-json\/wp\/v2\/tags?post=44175"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}