Skip to main content

Buy TruthSocial and DJT stock? What does AI recommend?

April 8, 2024

Yes, buy as much as you can comfortably lose without even thinking about it. With many caveats discussed below, Creatix strongly recommends buying DJT stock as soon as possible. The most you can lose is 100% of your "investment". However, there is no limit as to how much money you can earn if the meme stock goes viral before the elections or afterwards. 

Former President Donald J. Trump owns about 58% of DJT. The stock began trading on Tuesday, March 26, 2024. The Trump Media & Technology Group Corp. (NASDAQ: DJT) is a social media and "technology-focused" company. DJT owns and operates a mediocre (at best) social media platform called TruthSocial. The platform's slogan is "follow the truth".

TruthSocial is a cheap imitation of Twitter, and the social media of choice of Trump supporters. The site says that it provides "an outlet outside of Big Tech that encourages open global conversation without discriminating against political ideology". The platform came about as a response to the alleged "undue censorship" of conservative political views by liberal "Big Tech" media companies. 

The DJT company also says to be developing a subscription-based video streaming service called "TMTG+", which intends to be paid YouTube-like service for "non-woke" entertainment, news, and information. 

The DJT company began trading on Tuesday, March 26, 2024 at a market capitalization of over $6 billion. The overall price tag was outrageous for a company that lost $58 million and only had $4 million in total revenue in 2023. A price tag of $6 billion for a company like that is a Trumpian scam. And that is precisely why it may be worthwhile financially to speculate on the meme stock. 

Instead of Midas touch, Trump has a Shitas touch. Everything that Trump touches eventually turns to shit. However, eventually is the operative term. There is a period of time, however short and irrational, when Trump's "truth" (all humans are stupid animals) comes to true.

The "truth" is that the DJT may be a worthless company. However, there is chance, however small, that the stock may do well for some irrational reason or another. The same way that you don't want to miss out, many others may not want to be left out. This could (not likely, but possible) turn the stock into a super performer this year before the November election. 

Mark this prediction. It is possible that DJT be the meme stock of the Summer of 2024. "Only in America" as the saying goes. 

Artificial intelligence (AI) can't help too much yet on whether or not this prediction will materialize. There is insufficient relevant data to analyze. AI develops intelligence by processing data of past results, finding present patterns, and making future predictions. It is difficult for AI to find relevant data to predict whether the DJT stock will outperform the market in a mean meme way this summer. The universe is a creatix, a creative matrix where the future originates and develops. The future has not been created yet. 

Stay tuned. 

www.creaix.one, creative advice for someone (not everyone)

Comments

Popular posts from this blog

When will the Tesla bubble burst?

December 11, 2024 When will the Tesla bubble burst?  We don't know Fools rush in. It's impossible to know exactly when the Tesla bubble will finally burst. Unfortunately for us at Creatix, we began shorting Tesla too soon. We are down almost 40% on our position as of today. We are not fooling ourselves thinking that we were ever make money on the short position. We truly doubt that Tesla can go down 40% any time soon.  We would love to add to the short position, but it would exceed our $3,000 limit on the stupid bets that we do for fun. We're not Mr. Beast. We have a very limited budget for ridiculousness. We would love to short Tesla tomorrow morning at the ridiculous share price of $424. Tesla is trading at an incredible 116 times earnings, which gives Tesla a market capitalization of $1.32 Trillion. Elon Musk added today $13.4 billion to his fortune. Yes, $13 billion in one day. Yesterday, he had added $11 billion. Yes, that's $24 billion in 2 days.  Six months ago, ...

Will prices go up or down during the Second Coming of Trump?

December 12, 2024 Will prices go up or down during the Second Coming of Trump? President-elect Donald Trump has acknowledged the difficulty of reducing grocery prices, stating, "It's hard to bring things down once they're up."  Lower Energy Costs and Better Logistics Trump hopes that lower energy costs and improved supply chains may prevent significant price increases on food. However, many economists believe that Trump's tariffs on foreign countries and massive deportation of illegal immigrants, which include millions of undocumented farm workers, will increase food prices.  Additionally, while Trump emphasizes the role that potentially lower energy prices may have in food costs, experts note that energy constitutes a relatively small portion of food production expenses. Energy prices may also increase despite experts forecasting that they will stay relatively low or go further down. After all, economists and financial experts are wrong often, almost all of the t...

Is there a Tesla bubble?

December 10, 2024 Is there a Tesla bubble? You bet. As of December 10, 2024, Tesla (Ticker: TSLA) is approaching an all-time high valuation, with a current share price of $401. The record closing price stands at $410, achieved on November 4, 2021. This gives the American electric car maker a market capitalization of $1.26 Trillion.  Tesla is trading at 110 times earnings. The average price to earnings ratio in the "traditional" automotive industry (excluding Tesla, and also excluding Chinese car makers) is about 6.7. That is, while almost all car makers in the world trade at 7 times earnings in average, Tesla is trading at 110, which is 15 times the industry average.  Major Automakers (Excluding Tesla and Chinese car makers) ranked by P/E: Subaru Corporation (Ticker: 7270.T): 12.0 Suzuki Motor Corporation (Ticker: 7269.T): 10.0 Toyota Motor Corporation (Ticker: TM): 9.70 Isuzu Motors Limited (Ticker: 7202.T): 9.0 Honda Motor Co., Ltd. (Ticker: HMC): 8.0 Mazda Motor Corporatio...