Does anyone honestly believe that Trump will inform and consult with the monitor appointed by the Court to oversee his business. Not going to happen.
Trump Media merger wins investor approval, netting Trump potential windfall
- Thread starter cigaretteman
- Start date
So no longer 3.2 billion. Would suspect a lot of shortening of this stock. Whats the volume of traded shares vs normal trading.
8.23 million today vs 30 day average of 2.2 million. As I am typing this, it is now down 10.5%
He didn't pay them back as much as he really owed them because he lied about the properties worth which means he stole from the banks.
Nope, he paid back the loans. The banks he borrowed from were 100% compensated.
In fact the banks involved wanted no part in the lawsuit.
Nobody is saying he didn't pay back the loans ( and you know that). He paid back less than he really owned because he lied.
The banks charged an interest rate which he agreed to.
if anything, it should be the banks responsibility to appraise any property being used for collateral.
Buy up them discounted shares while you can a Rico. Prove us wrong.
I can't wait for MTG to scream about how she lost $50,000 because the Libs destroyed the stock.
Just enough to take foolish YOLO risks. This feels like a great opportunity to me, especially if you're all aboard.
Like I said, it's Bitcoin. Only thing supporting it are the people willing to play hot potato to prop it up.
Trump’s only concern is that it doesn’t catch up until after he’s cashed out and the suckers feel go bust on it.
LOL sorry Bro it's a goldmine. Much, much smarter people than you agreed to merger.
It's so strange Trump getting wealthier excites you.
hawkeyetraveler
HB Heisman
It’s an interesting stock. The price is so out of whack with fundamentals that you either have to believe that the underlying asset is poised for incredible growth or you simply are buying into a Dutch tulip hype cycle because of the DJT association.
Ask yourself, where is the hyper growth in Truth Social going to come from? It is a niche product targeted at a niche market that is already saturated….what moderate or left winger is going to suddenly jump onto the platform consistently over other social media offerings? Virtually no one in the US will use this except the extreme right wing and those on the left entertained by the extreme right wing. International expansion will not be enough growth either.
Which leaves this: it Is highly likely in the coming weeks the stock will be driven by the whims of mom and pop investors who don’t understand fundamentals and are riding this like GameStop or Bitcoin. Good luck, I wouldn’t touch this thing with a ten foot pole.
Trump may get lucky here if enough people prop it up for long enough, but I’m not sure the small fry speculative investors will have the patience to stay the course if it drops for days/weeks in a row.
Ask yourself, where is the hyper growth in Truth Social going to come from? It is a niche product targeted at a niche market that is already saturated….what moderate or left winger is going to suddenly jump onto the platform consistently over other social media offerings? Virtually no one in the US will use this except the extreme right wing and those on the left entertained by the extreme right wing. International expansion will not be enough growth either.
Which leaves this: it Is highly likely in the coming weeks the stock will be driven by the whims of mom and pop investors who don’t understand fundamentals and are riding this like GameStop or Bitcoin. Good luck, I wouldn’t touch this thing with a ten foot pole.
Trump may get lucky here if enough people prop it up for long enough, but I’m not sure the small fry speculative investors will have the patience to stay the course if it drops for days/weeks in a row.
Michael Cohen Shoots Down Hype Over Truth Social Stock
"They are trying to hype up the stock the same way they would do it for Trump Mortgage, Trump University, Trump Vodka, Trump Steaks, Trump this or Trump that — it's not worth anything."
crooksandliars.com
Do you know him personally? Is Trump getting more money somehow going to benefit your life? Why are you excited that a person born rich with every advantage in life is still rich? like I said, bizarre.
Rico is just peddling info from his Russian handlers. The more he peddles, the more vodka he gets.
The volume of trading shorting this stock. Makes you wonder if major shareholders are eventually going to want to oust the board. They’ve been changing management similar to diapers. It’s going to be an interesting ride.
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No bank or anyone with any sort of financial smarts will take this stock as collateral. As has been said its about to become worthless.
I haven’t heard much about the court-appointed monitor other than he is a well respected, no nonsense former judge. A collision course with Trump is almost inevitable.
It's a she, and she is watching every penny Trump has and Trump has to pay her and any staff and outside consulting she needs she has. Some estimated her fee is probably $1000/hour and her staff (of maybe 5-10) are billed the same.
Making money the easy way, I told you spooks early Friday to jump in with both feets.
Price up: +12.56% from the previous close price of 36.94 USD as of March 25, 11:50 AM EDTSee more
NASDAQ: DWAC
41.58
USD▲ +4.64 (+12.56%) today
Price up: +12.56% from the previous close price of 36.94 USD as of March 25, 11:50 AM EDTSee more
Digital World Acquisition Corp
NASDAQ: DWAC
41.58
USD▲ +4.64 (+12.56%) today
hawkeyetraveler
HB Heisman
Sure lots of unsophisticated investors riding this like GameStop can prop up a stock for a while. Hell it may even go on a wild run for a bit like any hyper speculative stock. In the long run it will be about business fundamentals and overall market performance.
Care to make a wager at how the stock stands one year from the offering date? I will take any price <50% of the IPO price. You can have 50%+.
hawkeyetraveler
HB Heisman
Yes, how’d you figure that out? I am 100% jealous of a bunch of rubes taking a massive risk on an unproven company, run by a man scared of a fake cow, that is hemorrhaging users.
Now…care to make a wager on how the stock performs over the next year?
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.
