President Donald Trump speaks to reporters before. Phunware (NASDAQ: PHUN) -20%, another stock tied to the Trump deal enthusiasm that had gained interest among retail investors, is also falling. Altitude The 6 Trump Bombshells Still Waiting to Explode Reporters and historians describe the things we still don’t know about the president.It had been up nearly 30% intraday but is now trading at the lows of the session. The SPAC had already turned negative on the day before Iceberg's tweet.Iceberg highlighted yesterday that DWAC's valuation has surged well beyond the $875M initial enterprise value for Trump Media & Technology Group.But SPAC holders don't own a piece of this project yet. 'No opinion on the probability of success of TMTG.Based on Trump's track record, at current price, renegotiation is likely to keep more of the merged company for him.' 'Now that initial excitement has passed, we see only risks for investors in near future. For a brief moment last month, an image purporting to show an explosion near the Pentagon spread on social media, causing panic and a market sell-off. Trump SPAC Digital World Acquisition (NASDAQ: DWAC) -10% is extending losses as Iceberg Research says it is short the stock. The recent election conjured up a mental image of the Titanic slowly turning away from the iceberg threatening to tear the bottom out of the ship and sink it.

Trump political iceberg image