00:00 It's Benzinga and here's what's on the block.
00:02 Many Trump supporters are holding shares in Trump Media and Technology Group and in some
00:07 cases purchasing more shares following the former president's recent conviction in New
00:11 York.
00:12 Professional investors have warned against investing in TMTG citing the company's high
00:16 valuation despite its poor financial performance and the various risks it faces including Trump's
00:22 legal troubles and potential electoral outcomes.
00:25 There is also a risk that Trump could cash out his shares which could negatively impact
00:29 shareholders.
00:31 Supporters remain unwavering in their belief in Trump and the potential of True Social
00:34 despite the risks.
00:35 For all things money, visit Benzinga.com.
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