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PCIntern

(27,976 posts)
Wed Apr 2, 2025, 08:30 AM Apr 2025

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 Apr 2025 OP
How much does tsf still hold? chicoescuela Apr 2025 #1
Liberation! C_U_L8R Apr 2025 #2
Why do we have to wait until 4 PM to be liberated? Hmmm... 617Blue Apr 2025 #3
The arrival of 9% Unemployment Submariner Apr 2025 #4
It's down 200 points just before opening. PoindexterOglethorpe Apr 2025 #5
He's referring to Trump Media (DJT) not the Dow Jones hatrack Apr 2025 #6
I think the OP is referring to Trump Media stock, not the Dow as a whole onenote Apr 2025 #7
DJT not DJI.. PCIntern Apr 2025 #9
Aren't there controls that halt trading central scrutinizer Apr 2025 #10
Yes... PCIntern Apr 2025 #11
I believe those controls only apply to PoindexterOglethorpe Apr 2025 #15
The Great Trump Economic Disaster continues Emile Apr 2025 #8
Okay, so one particular company is down. PoindexterOglethorpe Apr 2025 #12
Ummm... PCIntern Apr 2025 #14
The market can see a big Trump dump ahead. Frasier Balzov Apr 2025 #13
G.O.P. is fully responible BoRaGard Apr 2025 #16
Way too much volatility. Emile Apr 2025 #17

Submariner

(13,251 posts)
4. The arrival of 9% Unemployment
Wed Apr 2, 2025, 08:39 AM
Apr 2025

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

(28,454 posts)
5. It's down 200 points just before opening.
Wed Apr 2, 2025, 08:39 AM
Apr 2025

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

(45,990 posts)
7. I think the OP is referring to Trump Media stock, not the Dow as a whole
Wed Apr 2, 2025, 08:42 AM
Apr 2025

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

(27,976 posts)
9. DJT not DJI..
Wed Apr 2, 2025, 08:56 AM
Apr 2025

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

(28,454 posts)
15. I believe those controls only apply to
Wed Apr 2, 2025, 10:53 AM
Apr 2025

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

(28,454 posts)
12. Okay, so one particular company is down.
Wed Apr 2, 2025, 09:51 AM
Apr 2025

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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