“This teetering tower of negative issues is a perfect reason for a mass shareholder exodus.”
“This stock remains significantly overpriced, with a book value (price/net worth) under $2, a price to sales ratio of over 25x, a large negative profit margin, and a negative price/earnings ratio. All the new shares will make the negative fundamental picture even worse.”
A flood of fools and foreign money trying and failing to make an nonviable stock look appealing would be my wager.
It’s a meme stock no different than a shitcoin. You could have made a lot of money off of the hype in a pump and dump. If you are still in, you are the dummy holding the bag. By the time DJT can cash out, it’ll be worthless.