Trump Media & Technology Group: Just Keep Selling

  • SPAC Digital World Acquisition Corporation completed its merger with Trump Media & Technology Group, but investors should continue selling.
  • Trump Media & Technology Group reported low revenues and high operating losses for 2023, indicating a small and struggling business.
  • Trump Media & Technology Group’s sky-high valuation, potential legal risks, and lack of profitability make DJT shares very risky right now.

Back in February, I warned investors that SPAC Digital World Acquisition Corporation was not ready for prime time. The blank check company was getting ready to merge with Trump Media & Technology Group (