{"id":46223,"date":"2026-11-03T11:13:58","date_gmt":"2026-11-03T17:13:58","guid":{"rendered":"https:\/\/huewhite.com\/umb\/?p=46223"},"modified":"2026-11-05T19:58:15","modified_gmt":"2026-11-06T01:58:15","slug":"dont-sell-at-the-bottom-ctd-39","status":"publish","type":"post","link":"https:\/\/huewhite.com\/umb\/2026\/11\/03\/dont-sell-at-the-bottom-ctd-39\/","title":{"rendered":"Don\u2019t Sell At The Bottom, Ctd"},"content":{"rendered":"

I had planned to write this post last Sunday, but never got to it. And, to be honest, it’s just not that important – the subject being Trump Media & Technology Group<\/strong>\u00a0(DJT<\/strong><\/em>)<\/a>. Professional investors will only short DJT<\/strong><\/em>, and that’s always a chancy strategy, since losses are unlimited and gains are limited. That leaves wanna-be professionals and amateurs, and at this juncture, a month history of DJT’s price should be instructive<\/a>.<\/p>\n

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

A 36% drop in value of a company with only Truth Social, Truth API<\/strong><\/em>, and President Trump’s mouth to offer should be discouraging even when the market cap is $1.5B. Over the same period, memecoin $TRUMP<\/strong> dropped more than 22%.<\/p>\n

\"\"<\/a>As I noted here<\/a>, taking financial instruments as a proxy for political prospects is a chancy business. But if I had to evaluate these, I’d say the lack of utility in the memecoin is more of a pure expression of such a political prospect, so that 22% drop must be dismaying to political partisans, if they take them as said proxies.<\/p>\n

At this point, I’d hope that both financial instruments are only held by investors, a term I use very loosely, hoping to score political points and favors from the current President, such as corrupt contracts, pardons, and the like.<\/p>\n

This is all a sordid business, I fear. No one should be surprised.<\/p>\n","protected":false},"excerpt":{"rendered":"

I had planned to write this post last Sunday, but never got to it. And, to be honest, it’s just not that important – the subject being Trump Media & Technology Group\u00a0(DJT). Professional investors will only short DJT, and that’s always a chancy strategy, since losses are unlimited and gains \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_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_hide_featured_image":false,"_jetpack_featured_image_duplicate_dismissed":0,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_post_was_ever_published":false},"categories":[1],"tags":[],"class_list":["post-46223","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"","_links":{"self":[{"href":"https:\/\/huewhite.com\/umb\/wp-json\/wp\/v2\/posts\/46223","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=46223"}],"version-history":[{"count":6,"href":"https:\/\/huewhite.com\/umb\/wp-json\/wp\/v2\/posts\/46223\/revisions"}],"predecessor-version":[{"id":46254,"href":"https:\/\/huewhite.com\/umb\/wp-json\/wp\/v2\/posts\/46223\/revisions\/46254"}],"wp:attachment":[{"href":"https:\/\/huewhite.com\/umb\/wp-json\/wp\/v2\/media?parent=46223"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/huewhite.com\/umb\/wp-json\/wp\/v2\/categories?post=46223"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/huewhite.com\/umb\/wp-json\/wp\/v2\/tags?post=46223"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}