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PCIntern

(27,215 posts)
Wed Apr 2, 2025, 09:30 AM Wednesday

DJT down over 9% before the bell

Messages on chat boards are spiking through the roof.

On edit: my 401K is now a 200.5K.

On edit: of course I don’t own a single share of this disaster, but my instinct in the beginning was to short it. However, with my luck, it would’ve gone through the roof.

17 replies = new reply since forum marked as read
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DJT down over 9% before the bell (Original Post) PCIntern Wednesday OP
How much does tsf still hold? chicoescuela Wednesday #1
Liberation! C_U_L8R Wednesday #2
Why do we have to wait until 4 PM to be liberated? Hmmm... 617Blue Wednesday #3
The arrival of 9% Unemployment Submariner Wednesday #4
It's down 200 points just before opening. PoindexterOglethorpe Wednesday #5
He's referring to Trump Media (DJT) not the Dow Jones hatrack Wednesday #6
I think the OP is referring to Trump Media stock, not the Dow as a whole onenote Wednesday #7
DJT not DJI.. PCIntern Wednesday #9
Aren't there controls that halt trading central scrutinizer Wednesday #10
Yes... PCIntern Wednesday #11
I believe those controls only apply to PoindexterOglethorpe Wednesday #15
The Great Trump Economic Disaster continues Emile Wednesday #8
Okay, so one particular company is down. PoindexterOglethorpe Wednesday #12
Ummm... PCIntern Wednesday #14
The market can see a big Trump dump ahead. Frasier Balzov Wednesday #13
G.O.P. is fully responible BoRaGard Wednesday #16
Way too much volatility. Emile Wednesday #17

Submariner

(12,949 posts)
4. The arrival of 9% Unemployment
Wed Apr 2, 2025, 09:39 AM
Wednesday

later this year?, or definitely early next year?

That number should get Speaker Johnson's attention, even if it's in the middle of one of his son vs dad masturbation sessions.

PoindexterOglethorpe

(27,643 posts)
5. It's down 200 points just before opening.
Wed Apr 2, 2025, 09:39 AM
Wednesday

Let's do the math. 200 is what percent of 41,786. Pretty sure it's not 9 percent.

My wonderful financial guy has moved most of my money into bond funds, and my net worth continues to increase even as I take out four percent a year.

onenote

(45,045 posts)
7. I think the OP is referring to Trump Media stock, not the Dow as a whole
Wed Apr 2, 2025, 09:42 AM
Wednesday

The ticker symbol for Trump Media is DJT.
It currently is down around $1.24, or 6.12%

It is still higher than its 52 week low of around $11.75, but a lot lower than its 52 week high of over $56. It's been floating around $20, give or take, for most of the past month.

PCIntern

(27,215 posts)
9. DJT not DJI..
Wed Apr 2, 2025, 09:56 AM
Wednesday

Stock symbols are very important.

If the Dow was down 9% it’d be blaring on every media outlet like it was 9/11.

PoindexterOglethorpe

(27,643 posts)
15. I believe those controls only apply to
Wed Apr 2, 2025, 11:53 AM
Wednesday

the Dow as a whole. I'm pretty sure they don't stop trading on just one stock, regardless of how badly its tanking.

Okay, so just type in "how often has stock trading been suspended". Not very often.

PoindexterOglethorpe

(27,643 posts)
12. Okay, so one particular company is down.
Wed Apr 2, 2025, 10:51 AM
Wednesday

Big whoop.

And even if 100% of your investments were in that one stock, it being down nine percent won't result in your losing half your net worth.

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