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Trump Media's WSB Ranking Drops to 6th Amid Legal Woes and Investor Skepticism

Stock SpotlightThursday, Oct 31, 2024 7:02 am ET

1min read

Trump Media & Technology Group (DJT) has seen a notable shift in its WallStreetBets (WSB) ranking, currently holding the 6th position, sliding four places compared to yesterday's standing. Amid volatile trading, the company's stock experienced a sharp decline, closing down 22.29% recently.

Recent developments surrounding Trump's media venture indicate mounting challenges. News of potential legal hurdles has been circulating, with investigations reportedly intensifying. The company, which aims to provide an alternative social media platform, has faced skepticism over its long-term sustainability and business model. Investors' confidence appears to be wavering, as reflected in the stock's recent performance.

Despite the negative sentiment, there is still a dedicated base of supporters who foresee a potential turnaround. This group remains optimistic about the company's capacity to capitalize on its large follower base and brand recognition. The ongoing debate over the company's future continues to stir strong emotions and diverse opinions among both investors and market analysts.

While the market has shown uncertainty, the overarching sentiment remains cautious with many stakeholders awaiting more concrete developments. Investors are closely monitoring any announcements related to regulatory matters as these could significantly influence the company's direction and investor sentiment. Meanwhile, DJT’s ranking on popular trading platforms like WSB serves as a reflection of the current and fluctuating interest in the stock.

Comments

ShainDE

1 hour ago

🚨 NVIDIA's keynote just shook everything up. Shay & Katie break it down on Daily Rip Live — check this out 👇 📺 Watch now & share your thoughts $NVDA https://www.youtube.com/watch?v=c4uGPkzxsZE

thequietguy_

2 hour ago

Wow!🚀 NVDA stock went full bull as tools from Pro benefits. Cashed out $444 gains!

Lorien6

05/16

"Wow, HCTI just did a faceplant into the stock market's punch bowl. 86% drop? That’s like Michael Scott getting fired and then the Dundie Awards got canceled. But hey, every crash is a potential comeback story. Maybe they’ll pull a 'Hamilton' and rise from the ashes. Or maybe they’ll just keep sinking like the Titanic. Either way, it’s a rollercoaster ride for investors. Buckle up, folks!

MalevolentLord4479

05/16

OMG!🚀 HCTI stock went full bull trend! Cashed out $308 gains!

Reisyz97

5 hour ago

Wow!🚀 AAPL stock went full bull as tools from Pro benefits. Cashed out $329 gains!

ryanppax

3 hour ago

@Reisyz97 Sold at the right time! I was stuck with AAPL for longer, missed that spike. FOMO hitting hard now.

investorVXY

2 hour ago

@Reisyz97 How long were you holding AAPL before selling? Curious about your strategy.

East-Possibility-711

7 hour ago

$NVDA bear trap! Watch this one take off today?

LogicX64

6 hour ago

@East-Possibility-711 Think $NVDA's gonna moon today?

Great-Hornet-8064

10 hour ago

OMG!the Peak Seeker algorithm successfully identified both trough and apex inflection points in NVDA equity's price action, while my execution latency resulted in material opportunity cost.

bahits

05/15

Wow!I successfully capitalized on the ETH stock's bearish movement with Premium tools, generating $457!

Xtianus21

05/15

@bahits How long were you holding ETH stocks? Was it a short-term trade or a longer play?

CrisCathPod

05/15

@bahits I got in on BTC-S presale, feeling the FOMO hard. Could've been way worse, tho.

bllshrfv

03/08

Real-world assets boost credibility, Doge can't compete.

Tryingtodoit23

03/08

Doge might have its community, but RCOF's tech offers more than just speculation. Solid investment for the win.

deejayv2

03/08

@Tryingtodoit23 Tech beats memes, no doubt.

haarp1

03/08

@Tryingtodoit23 RCOF's tech is fire, but keep an eye on Doge's moves.

Solarprobro4

03/08

RCOF's AI is 🔥, Doge is dead weight.

rubiyan

03/08

RCOF's roadmap looks promising. Tokenization of real-world assets could disrupt the market. Watching closely for next moves.

Qwazarius

03/08

@rubiyan RCOF's roadmap looks solid, but can they execute?

Ok-Memory2809

03/08

@rubiyan Real-world asset tokenization is 🔥.

FTCommoner

03/08

Real-world asset integration is smart. Institutions want stability, and RCOF delivers. Big difference from Doge's hype train.

TenMillionYears

03/08

@FTCommoner True, RCOF's stability attracts institutions.

that_is_curious

03/08

Security and transparency are the unsung heroes here. Doge could learn a thing or two.

Puzzleheaded-Mood544

03/08

@that_is_curious True, sec & transp matter.

scccc-

03/08

Staking APY is insane, passive income dream!

Anklebreakers10

03/08

RCOF's AI trading bot is a game-changer. No-brainer compared to Doge's wild west vibes. 🚀

meowmeowmrcow

03/08

@Anklebreakers10 AI bots r cool, but RCOF risk? 🤔

TeslaCoin1000000

03/08

Almost $14M in presale? Market's voting with their wallets. RCOF's utility is resonating. 🚀

Fidler_2K

03/08

@TeslaCoin1000000 What do you think about Doge's chances?

Throwaway420_69____

03/08

RCOF presale haul shows market knows better.

Tiger_bomb_241

03/08

86% APY? I'm stacking RCOF like pancakes. Passive income FTW.

Medical-Truth-3248

03/08

Real-world asset integration is the secret sauce. Institutions will flock to this stability. Smart play.

LoinsSinOfPride

03/08

Security and transparency are key. RCOF feels like a solid long-term play, not just a pump and dump like some meme coins.

portrayaloflife

03/08

Hodling RCOF, diversifying beyond meme coins.

BlackBlood4567

03/08

Holding RCOF as part of my diversify crypto bag. High-yield staking covers fees, and AI trading is a bonus.

OneTrickPony_82

04/25

OMG!The BTC stock was in a clear trend, and I made $292 from it!

bllshrfv

04/23

$DIS might need more than Fubo to tackle $NFLX. Watching their next moves closely.

TobyAguecheek

04/23

@bllshrfv What do you think DISney's next move will be?

TenMillionYears

04/23

Sports fans on Disney+? Game changer if they pull it off. Risky but could shake up Netflix's dominance.

Master_Algae_2845

04/23

OMG!Those $DIS whale-sized options block were screaming danger! � Closed positions just in time profiting more than $266

UpbeatBase7935

04/28

OMG!🚀 BTC stock went full bull as tools from Premium benefits. Cashed out $217 gains!

Mojojojo3030

02/17

Cash pile of $11.7M is solid. No debt = flexibility. Watching how they deploy that cash closely. 🤑

paperboiko

02/17

Retail store expansion could be a game-changer

nicpro85

02/17

@paperboiko Think retail expansion will boost EPS?

RedneckTrader

02/17

@paperboiko Yep, retail stores are lit.

Didntlikedefaultname

02/17

Betting on their owned brands, solid move IMO

Gejdhd

02/17

$ABY's store expansion is lit. Hope they don't get burned by high overheads. Retail is not all sunshine and rainbows.

ethereal3xp

02/17

@Gejdhd Yeah, retail can be tricky.

joethemaker22

02/17

@Gejdhd True, overheads can be a drag. But ABY's got a solid online presence to balance it out. They might be onto something with their omnichannel strategy.

user74729582

02/17

Adore Beauty's data game strong, AI moves next level. Watch them disrupt the beauty biz. 🚀

RhinoInsight

02/17

@user74729582 Totally agree, they're on fire.

Mr_Biddz

02/17

@user74729582 What's next for AI in beauty?

TobyAguecheek

02/17

Adore Beauty's omni-channel game is strong, folks. 🤑

Sweet-Block5118

02/17

@TobyAguecheek Lol, omni-channel isn't a game, it's business.

InevitableSwan7

02/17

@TobyAguecheek Adore's omni-channel is solid, but watch out for competition heat.

_hiddenscout

02/17

Inventory management is key; they're doing it right

-Joseeey-

02/17

$ABY's growth story is one to watch closely

BranchDiligent8874

02/17

Adore Beauty's AI game strong, but will it outshine Sephora? Competition heating up in beauty retail.

DumbStocker

05/16

Wow!NVDA demonstrated textbook-perfect bottom and peak confirmation signals via Peak Seeker framework,with subsequent price movements validating 83.6% predictive accuracy

k_ristovski

05/01

TerraZero's revenue ramp-up is 🔑. Even $1M in Q1 could boost investor confidence. Let's see if they deliver.

HobbyLegend

05/01

$BIGG's crypto game: high risk, high reward 🤑

MirthandMystery

05/01

What's up with TerraZero's revenue? If they hit $1–2 mil, we might see a nice pump.

GarlicBreadDatabase

05/01

TerraZero's revenue ramp = 🚀 potential

AdGold8311

05/01

@GarlicBreadDatabase What if it bombs?

InevitableSwan7

05/01

Netcoins' volume up? Maybe $BIGG is turning around

k_ristovski

05/01

@InevitableSwan7 What do you think about TerraZero's chances?

JayZb0y

05/01

Damn!!The MSTF stock was in an easy trading mode with Premium tools, and I made $182 from it!

Realmrmiggz

05/01

@JayZb0y How long were you holding MSTF, and what’s your plan with the gains?

FinTecGeek

05/01

@JayZb0y I had MSTF too, sold early, ngl regretting now. FOMO hitting hard seeing your profit.

Accomplished-Back640

04/25

Damn!!the block option data in NVDA stock saved me much money!

meowmeowmrcow

3 hour ago

Holy!The NVDA stock was in an easy trading mode with Pro tools, and I made $479 from it!

NavyGuyvet

19 min ago

@meowmeowmrcow Nice score! How long were you holding NVDA, and what's your plan with the gains?

lh1680691779087

04/24

Yep, Elonia Musk decimating his own

Company…!! Hundreds of the freaking

UGLY Trucks sitting in storage lots

because they can’t sell the freaking UGLY

EXPENSIVE TRUCKS.

How can anyone associate themselves with

A FELON TYRANT MILITARY DRAFT

DODGER WOMANIZER CORRUPT LIAR

LIKE TRUMP…???

surveillance_raven

04/24

@lh1680691779087 👌

stocks-sportbikes

04/24

Wow!TSLA demonstrated textbook-perfect bottom and peak confirmation signals via Peak Seeker framework,with subsequent price movements validating 83.6% predictive accuracy

Critical-Database-49

05/07

Bitcoin's volatility is its charm and curse. 🤔 $300K? Possible, but not a guarantee.

nick313

05/07

@Critical-Database-49 Yeah, BTC's price can swing hard.

Ghost_of_Chrisanova

05/07

@Critical-Database-49 True, BTC's volatility is wild. $300K's a long shot.

xX_codgod420_Xx

05/07

Hodling BTC long-term, not selling for $300K.

Airmang74

05/07

Regulatory tailwinds under Trump? Politics and crypto, a wild mix. But hey, every bit counts.

OneTrickPony_82

05/07

$300K call is a HODL dream, but I'm hedging with $AAPL. Diversify or die, folks.

yeahyoubored

05/07

$300K call: gamble or gold mine? 🤔

GnosticSon

05/07

Golden cross is a sweet signal, but resistance at $100K is no joke. Break it, and we might see fireworks.

Endura_GW2

05/07

@GnosticSon Think it'll hold this time?

tempestlight

05/07

Bear case has bite, but I'm betting on technical momentum and investor enthusiasm carrying the day.

TeslaCoin1000000

05/07

$300K call is a speculative powerhouse. Are you in on the action? Just remember: not financial advice. 😜

AdvantageNo3180

05/07

I'm all in for the long haul, stacking BTC like digital gold. Short-term swings don't faze me.

Ima_blizzard

05/07

@AdvantageNo3180 How long you planning to hold BTC? You thinking 5 years or more?

makeammends

05/07

Gotta love the FOMO vibes with this target. 🚀 But don't forget, what goes up can roll back.

OneTrickPony_82

05/07

ETF inflows are bullish, but macro risks loom. Keep an eye on Fed moves and market sentiment.

Late_Efficiency_8615

05/07

@OneTrickPony_82 What’s your take on Fed policy?

joe_bidens_underwear

05/07

Whale accumulation signals strength, but don't ignore the RSI. Overbought? Time to take profits?

angelicamendas29

05/07

@joe_bidens_underwear True, RSI's warning. Bulls better brace.

hansololz

05/07

@joe_bidens_underwear Profits now? Maybe, but market's moody.

BranchDiligent8874

05/07

Technicals look bullish, but volatility is wild.

serenity561

05/07

Institutions pumping Bitcoin, but watch Fed moves.

Ou_deis

05/07

Damn!!🚀 BTC stock went full bull as tools from Premium benefits. Cashed out $290 gains!

Rm.r

05/03

I made over 150k here with an expert’s help and recommendation 🤗

Rm.r

05/03

@Rm.r

She’s great connect 🇺🇸+.𝟣𝟧𝟨𝟥𝟤𝟩𝟫𝟪𝟦𝟪𝟩

DarkMorning636

05/03

@Rm.r How long were you holding those stocks? Any specific tickers you'd recommend?

AMDismygod

05/03

@Rm.r I had a chance to get into Alibaba last year, but I hesitated. Now I'm just watching from the sidelines, feeling the FOMO hard.

View all 4 replies

Squanc

05/02

$BABA Big move possible with earnings. Check this out: 2025 might be the year BABA hits $200 again https://northwiseproject.com/will-alibaba-stock-recover/

Hydrr0

05/02

Holy!The BABA stock was in a clear trend, and I made $215 from it!

Interesting_Award_86

05/02

@Hydrr0 Nice score! How long you held BABA and what's your next move?

CorrectBread33

2 hour ago

Holy!The LTC stock was in an easy trading mode with Pro tools, and I made $407 from it!

alecjperkins213

02/17

DeepSeek drama feels like a geopolitical AI chess match. 🤔

Solarprobro4

02/17

$TSLA and $AAPL handling data better than DeepSeek.

Fountainheadusa

02/17

@Solarprobro4 How long you been holding TSLA and AAPL? Any predictions on where they're headed?

Fidler_2K

02/17

Italy sets precedent; other nations may follow suit soon.

GoodCoffeee

02/17

DeepSeek's transparency issues make me nervous. I'd rather invest in AI firms with clear data policies. Safety first, right?

Witty-Performance-23

02/17

Blocking DeepSeek might slow AI progress, but privacy first.

vanilica00

02/17

DeepSeek's transparency issues make me nervous. I'd rather invest in AI firms with clear data policies. Safety first, right?

QuantumQuicksilver

02/17

Privacy concerns make me rethink AI investments. Diversify strategy!

Traditional_Wave8524

02/17

China's AI scene is heating up, but geopolitical tensions make me cautious. Diversifying my portfolio feels like a safer bet.

DrMoveit

02/17

@Traditional_Wave8524 How long you planning to hold onto your diversified portfolio? Any specific stocks catching your eye?

Antinetdotcom

02/17

@Traditional_Wave8524 I hear ya, geopolitical tensions r real. Personally, I've gone heavy on US and EU AI, feels safer. No regrets so far.

skychi

05/16

OMG!The VACHU stock was in an easy trading mode with Premium tools, and I made $223 from it!

AIONisMINE

05/07

Williston Basin assets seem rock-solid. Wonder if $CHRD can keep delivering strong well performance despite the macro headwinds.

WoodKite

05/07

@AIONisMINE Yeah, $CHRD's assets seem solid.

Historical_Hearing76

05/07

Net debt/EBITDA ratio is chef's kiss.

Orion_MacGregor

05/07

Chord Energy's cash flow is 💪

ArgyleTheChauffeur

05/07

Williston Basin assets seem rock-solid. Chord's capital budget adjustment shows discipline. Wondering if this is the right time to jump in before prices rebound.

LonnieJaw748

05/07

Chord's net debt/adjusted EBITDA of 0.3x is super low. They've got flexibility to weather a storm if oil prices dip. Solid play for stability.

Random-Studios

05/07

@LonnieJaw748 Solid play, but what about risks?

StrangeRemark

05/07

Free cash flow up 115% YoY? That's some serious growth. Makes me wonder if they can sustain this momentum in a volatile market.

MarshallGrover

05/07

Williston Basin assets are cash cows.

Fountainheadusa

05/07

Anyone else think Chord's dividend and buyback combo is a win? Base dividend steady at $1.30, signaling confidence.

Buffet_fromTemu

05/07

Chord Energy's cash flow game strong, but commodity price swings got me 🤔. Holding long-term, but watching those macro moves.

Cannannaca

05/07

$CHRD's forward EV/EBITDA of ~3.0x is a steal compared to peers. If commodity prices bounce back, this could be a nice upside play.

yeahyoubored

05/07

Chord Energy's cash flow game strong, but commodity price swings got me 🤔. Holding long-term, but watching those macro moves.

BenGrahamButler

05/07

$CHRD undervalued, buy the dip?

dawgpound1910

05/07

@BenGrahamButler How long you planning to hold $CHRD? Got a target in mind?

StrangeRemark

05/07

100% free cash flow going towards buybacks? That's some serious shareholder love. Wonder how long they can keep that up.

Harpnut

05/07

Chord's capital budget cut shows they're playing it safe. Smart move given the uncertainty. Production targets seem achievable without stretching.

hey_its_meeee

05/07

$CHRD's operational efficiency is 🔥. Low leverage and liquidity are key. Thinking of adding to my portfolio, especially with the EV/EBITDA discount.

AIONisMINE

05/07

Williston Basin assets seem rock-solid. Wonder if $CHRD can keep delivering strong well performance despite the macro headwinds.

WoodKite

05/07

@AIONisMINE Yeah, $CHRD's assets seem solid.

Historical_Hearing76

05/07

Net debt/EBITDA ratio is chef's kiss.

Orion_MacGregor

05/07

Chord Energy's cash flow is 💪

ArgyleTheChauffeur

05/07

Williston Basin assets seem rock-solid. Chord's capital budget adjustment shows discipline. Wondering if this is the right time to jump in before prices rebound.

LonnieJaw748

05/07

Chord's net debt/adjusted EBITDA of 0.3x is super low. They've got flexibility to weather a storm if oil prices dip. Solid play for stability.

Random-Studios

05/07

@LonnieJaw748 Solid play, but what about risks?

StrangeRemark

05/07

Free cash flow up 115% YoY? That's some serious growth. Makes me wonder if they can sustain this momentum in a volatile market.

MarshallGrover

05/07

Williston Basin assets are cash cows.

Fountainheadusa

05/07

Anyone else think Chord's dividend and buyback combo is a win? Base dividend steady at $1.30, signaling confidence.

Buffet_fromTemu

05/07

Chord Energy's cash flow game strong, but commodity price swings got me 🤔. Holding long-term, but watching those macro moves.

Cannannaca

05/07

$CHRD's forward EV/EBITDA of ~3.0x is a steal compared to peers. If commodity prices bounce back, this could be a nice upside play.

yeahyoubored

05/07

Chord Energy's cash flow game strong, but commodity price swings got me 🤔. Holding long-term, but watching those macro moves.

BenGrahamButler

05/07

$CHRD undervalued, buy the dip?

dawgpound1910

05/07

@BenGrahamButler How long you planning to hold $CHRD? Got a target in mind?

StrangeRemark

05/07

100% free cash flow going towards buybacks? That's some serious shareholder love. Wonder how long they can keep that up.

Harpnut

05/07

Chord's capital budget cut shows they're playing it safe. Smart move given the uncertainty. Production targets seem achievable without stretching.

hey_its_meeee

05/07

$CHRD's operational efficiency is 🔥. Low leverage and liquidity are key. Thinking of adding to my portfolio, especially with the EV/EBITDA discount.

ipsidicit

05/10

Damn!!I successfully capitalized on the BRK.B stock's bearish movement with Premium tools, generating $216!

LeftHandedWave

05/10

@ipsidicit Nice score! How long were you holding BRK.B, and what’s your next move?

Accomplished_Dot9815

05/10

@ipsidicit I had a small BRK.B position last year, sold it too early. FOMO hitting hard now, thinking I should've held on.

destroyman26

03/22

When others speculate, RTX innovates. 13,000% potential—your future in finance starts now

Disclaimer: the above is a summary showing certain market information. AInvest is not responsible for any data errors, omissions or other information that may be displayed incorrectly as the data is derived from a third party source. Communications displaying market prices, data and other information available in this post are meant for informational purposes only and are not intended as an offer or solicitation for the purchase or sale of any security. Please do your own research when investing. All investments involve risk and the past performance of a security, or financial product does not guarantee future results or returns. Keep in mind that while diversification may help spread risk, it does not assure a profit, or protect against loss in a down market.