Lions and friends…
Just REAL quick, with DJT stock.
It goes without saying, I hope, that the current environment across the board is bizarre and nothing makes sense. With the stock market, the ONLY thing keeping this market HYPER-propped up is the promise of more easy money. PERIOD.
Even with the current valuation/price of DJT stock, which is IMO vastly elevated, don’t forget that HYPE and FOMO can drive the stock higher-ESPECIALLY with Donald Trump telling his followers/supporters to buy/support the stock.
If you strip out politics, hype, and FOMO, and just focus on the fundamentals (IN MY OPINION) and I could certainly be wrong, DJT stock at its current price is not a buy.
GM
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Author: Gregory Mannarino
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