DD on the DJT lock-up - YOLOing back on the Trump Train
Posted: Apr 06, 2024
- Bought shares of DJT early last week instead of call options - Company has low revenue but high borrow cost for shorts - Shorts are losing $20/month due to borrow costs - Lock-up agreement for Donald Trump can only be waived by shareholder vote - Short-term price drop trigger may not happen due to lock-up provisions - Predicts stock will increase once shorts exit - Rolled DJT gains into 4/12 calls because stock is perceived to be going nowhere
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