Not investment advice, but I wouldn't touch that with a 10' pole. I don't do meme stocks either.

BTW, here's what I would do if I was in charge of DJT:

1) Do a shelf offering of about 15 million shares to bring in just under a billion dollars;
2) Find a media company (TMTG is technically a media company itself) for acquisition that's around that size. Hey, there's one - Sinclair Broadcasting Group, with a market cap of about $850 million and a nice conservative bent.
3) Do a nice little merger, with a little bit of leverage to offer a premium to market, coupled with some DJT pressure on the Smith family to get them to sell.
4) Now my fake little "media company" is a real media company, with $3 billion in revenues and $200 million in earnings. A nice synergistic fit to Truth Social, and owning two hundred TV stations is a nice bonus for a politician. Very Berlusconi.

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