Trump Media merger wins investor approval, netting Trump potential windfall

[ivshawk]

Shares in DWAC were trading at nearly $50 a share Monday, a jump of 190 per cent since the year began, which put Trump's 58 per cent stake at about $3.9 billion.

I'm making big bucks now Bro, put an order in Friday.

No you didn’t

 

[MitchLL]

Shares in DWAC were trading at nearly $50 a share Monday, a jump of 190 per cent since the year began, which put Trump's 58 per cent stake at about $3.9 billion.

I'm making big bucks now Bro, put a order in Friday.

^^^^Look at this clown...trying to make everyone think he's the smartest guy in the room!

You're lying.

 

[DFSNOLE]

^^^^Look at this clown...trying to make everyone think he's the smartest guy in the room!

You're lying.

I've said it before, of all of Ryan's aliases, this one is the most entertaining.

 

[RicoSuave102954]

^^^^Look at this clown...trying to make everyone think he's the smartest guy in the room!

You're lying.

Trump Media & Technology Group Corp​

NASDAQ: DJT
69.10
USD▲ +19.15 (+38.34%) today
March 26, 11:14 AM EDT · Market Open

Rico making money again today!

 

[MitchLL]

Trump Media & Technology Group Corp​

NASDAQ: DJT
69.10
USD▲ +19.15 (+38.34%) today
March 26, 11:14 AM EDT · Market Open

Rico making money again today!

Referring to yourself in the third person.

Hilarious.

Show me your original purchase data or I'm calling bullshit.

 

[RicoSuave102954]

Referring to yourself in the third person.

Hilarious.

Show me your original purchase data or I'm calling bullshit.

I told you dregs on Friday morning to jump in but no you didn't follow Rico's advice.

Rico is riding on the money train!!!

 

[RicoSuave102954]

Shares in DWAC were trading at nearly $50 a share Monday, a jump of 190 per cent since the year began, which put Trump's 58 per cent stake at about $3.9 billion.

I'm making big bucks now Bro, put a order in Friday.

This

 

[dgordo]

 

[lucas80]

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America needs a POTUS like Trump who was a successful businessman. He'd know how to make government work...

 

[DFSNOLE]

Just how I pictured Rico.

 

[RollingBallofButcherKnives]

This

Buy! Rico, Buy!

 

[RicoSuave102954]

Buy! Rico, Buy!

Rico bought in below $40 and Rico sold at $68.

 

[TC Nole OX]

 

[DFSNOLE]

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Only the best people.

 

[Huey Grey]

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And everyone will coddle Trump once again for being part of yet another criminal enterprise.

 

[EasyHawk]

Many people are saying, if Dems would not have voted out Kevin McCarthy, things could have been so different. Now there is no choice but to vote for a criminal.

 

[HROT]

 

[HROT]

 

[MitchLL]

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^^^If Rico sees this as he returns from another day of picking up aluminum cans in the I-35 median, I'm sure he'll have a legitimate response.

 

[lucas80]

It doesn't matter if it's a crappy company with bad financials and no realistic business model or proprietary technology. All that matters to the cult is that Orange Jesus has told them to put their life's savings into it.

 

[hawkeyetraveler]

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Yikes. Just looked at their financials. Their income statement looks nothing like a growth oriented tech company.

• Only $0.7M in revenue down from $1.1M prior year
• $33M in R&D expense up from $2.8M prior year
• A whopping $65M in G&A expense. Up from $1.8M prior year

This is not a growth stock. This is Trump, Nunes and crew fleecing their MAGA supporters by taking the cash generated by fools who invested in the IPO and funneling it straight to the executives and shareholders of the company. In all my years of tech investing I have never seen an income statement this crazy. It is a class action lawsuit waiting to happen.

10 years from now the unsophisticated retail investors who bought this shit stock will hate Trump. I wish they were smart enough to see it sooner.

 

[StormHawk42]

The valuation is money laundering plain and simple

 

[Ree4]

Only the bestest business genius of our lifetimes.

 

[tumorboy]

Yikes. Just looked at their financials. Their income statement looks nothing like a growth oriented tech company.

• Only $0.7M in revenue down from $1.1M prior year
• $33M in R&D expense up from $2.8M prior year
• A whopping $65M in G&A expense. Up from $1.8M prior year

This is not a growth stock. This is Trump, Nunes and crew fleecing their MAGA supporters by taking the cash generated by fools who invested in the IPO and funneling it straight to the executives and shareholders of the company. In all my years of tech investing I have never seen an income statement this crazy. It is a class action lawsuit waiting to happen.

10 years from now the unsophisticated retail investors who bought this shit stock will hate Trump. I wish they were smart enough to see it sooner.

Not sure. I think a lot of them enjoy being fleeced. Similar to the idiots who give to televangelist. Who claim untold riches were be there’s if at the super premium platinum giving level.