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bullish pattern emerging on sharp investments limited (538212) ✌️【Wealth Growth】✌️ Take advantage of our free stock market analysis and real-time data to help you choose the best investment options. Our expert predictions and tailored strategies ensure you can achieve stable returns and mitigate risks effectively. Trump Media’s stock, which trades under the ticker symbol “DJT,” spiked 35% at the opening bell, translating to an astounding market value of about $9 billion.

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bullish pattern emerging on sharp investments limited (538212) ✌️【Wealth Growth】✌️ AI-powered stock trend analysis with free, up-to-the-minute updates. Analyze global stock, futures, and forex data to capture market movements and make smart investment choices with expert insights. The president-elect’s 114.75 million shares were briefly worth about $5.3 billion based on those early gains, up from $3.9 billion when trading ended on Election Day. Of course, those are only paper gains and in practice it would be difficult for Trump to sell much of those shares without tanking the price.

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But between September 23 and the end of October, Trump Media more than tripled in value — a stunning spike driven by bets that Trump would win the White House.

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bullish pattern emerging on sharp investments limited (538212) ✌️【Wealth Growth】✌️ Receive expert stock predictions with real-time updates on global market trends, including stock indices, futures prices, and forex fluctuations. Use our insights to improve your investment strategies and boost your returns. Tuttle added there is also probably a “massive short squeeze” caused by ill-timed short bets against the value of the stock in recent days. When a stock price starts to rise sharply, traders who bet against it are forced to buy back the stock to limit their losses. And that in turn causes the price to rise even further.

“A lot of people got fooled by the Iowa poll,” Tuttle said, referencing apolllast weekend that found Trump no longer in the lead in a state he won twice.

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“The magnitude of his victory helps, but longer term they need to come up with some sort of strategy,” Tuttle said.

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“Fundamentals don’t matter,” said Michael Block, chief operating officer and co-founder at AgentSmyth, an autonomous AI agent platform for investment ideas.

Block argued the market value reflects the value of a media company branded by “someone shaping up to be perhaps the most consequential person of the 21st century.”

“Forget about the past 40 years and the string of bankruptcies. Think about the here and now and what the brand is worth,” Block said.

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