Truth Social - Going Broke?

there's some discussion about short-sellers and doubts as to how a glitchy start to trump's cryptocurrency Tuesday could be to blame, since truth social depends largely on small investors who are trump supporters and less inclined to be worried about profits. However:

The volume of trading in DJT stock was also elevated on Tuesday, with about 97 million shares trading hands, according to financial data firm FactSet. The average daily trading volume for the prior 30 days has been about 20 million shares, FactSet shows.

now wouldn't it be reasonable to assume that a lot of these small investors, these die-hard trumpies, might have believed swapping their investment in DJT to his next new thing, to show support for his crypto venture, get in on the ground floor, was a good thing to do? They likely don't have the means to invest in both and the lure of the shiny new trump venture would be hard to resist!


https://www.msn.com/en-us/money/mar...p&cvid=a2c4e0121a744cdd90e8ac0c4eb9c84d&ei=42
 
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