Truth Social shares go into freefall after investors learn how much money it really makes!!!
- Thread starter SoProudNole
- Start date
According to the merger agreement between Trump Media and Digital World, Trump will be allowed to begin selling DJT stock if the share price remains above $12 for any 20 trading days following the 150 days after the closing of the DWAC deal. That would be Sept. 20. But even if DJT shares tumble further, and plunge below $12, Trump is allowed to start selling six months after the completion of the deal. That would be Sept. 25.
Any stock sales by Trump would likely pour a bucket of water into an already leaking boat. Trump Media did not respond to a request for comment from Barron’s about the looming lockup expiration. It is possible though that Trump could set up what is known as a 10b5-1 plan, which allows a company insider to set up automated stock sales with specific amounts and dates through a broker. That would give investors more transparency about when Trump might sell DJT shares so as not to take the market by surprise.
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www.barrons.com
Below 12 bucks is doable!!!
But that only buys 5 days. I just want to see how fast it drops when he starts selling.
Like a turkey dropped from the WKRP news chopper.
Are we gonna have to do another GoFundMe for Rico???
Shares tanked more than 6% today…closing at $16.98.
Next several days will be fun to watch. Donald is itching to fleece his followers for as much as possible. He’s not happy with you MAGAs that are getting out early (before he can take all your money and not just most of it).
Next several days will be fun to watch. Donald is itching to fleece his followers for as much as possible. He’s not happy with you MAGAs that are getting out early (before he can take all your money and not just most of it).
Let's be honest about something, if he wins the presidency he will force government contracts on Truth, and monetize the f*** out of it, and the MAGAs will cheer it on.
Wouldn't he have to keep his shares then? Seems like if he sold, the stock would instantly become worthless. Can this garbage stock be removed from the market if it drops below a certain value?
He can't realistically sell all of his shares, and I have long suspected he sees the true value in leveraging Truth from the WH. We lived through 4 years of Trump in the WH. He will literally berated companies from the WH press room about not advertising (Pay tribute), on Truth.
Hey all you MAGAs on this board…..WTH are you doing?!? Trump stock down 16+% this morning…Get out there and Buy! Buy! Buy! Continuously giving Trump your money (life savings, kids college funds, etc.), is the only thing that might make him feel a little better this morning. Let’s prop that stock back up so he can sell his shares (and then tank the company).
finance.yahoo.com
Trump needs your support (money), now more than ever. Give till it hurts!
Donald Trump’s social media stock is plunging after his rocky debate performance
Wall Street sure is acting like Donald Trump lost the debate Tuesday night.
Trump needs your support (money), now more than ever. Give till it hurts!
The biased and totally unfair moderators make a fool of DonOld last night. Don't let them get away with it, Rs. Giving to truth Social is how you can get back. Give until you bleed. Mortgage your kids futures if you have to. Sell your wife. Take on a second job. It's too important to stay on the sidelines and let the Marxists get away with this.
Will be interesting to see this thing collapse in on itself as soon as he starts selling. Trump’s going to prove all of his MAGA minion investors to be fools when this proves to be his biggest grift of all time.
MAGA investors will be left holding worthless stock, and they will all still vote for him.
Foreign money ain’t gonna launder itself.
I wouldn’t sell. Take out loans vs the stock would be the smart play.
They will still vote for him because the only reason the stock failed is because the Liberal media conspired with Soros to destroy Trump, and the United States of America.
Excuse me should have qualified. Meant take out loans you never intend to pay back.
I, literally, get Trump texts every day as a registered Republican.Hey all you MAGAs on this board…..WTH are you doing?!? Trump stock down 16+% this morning…Get out there and Buy! Buy! Buy! Continuously giving Trump your money (life savings, kids college funds, etc.), is the only thing that might make him feel a little better this morning. Let’s prop that stock back up so he can sell his shares (and then tank the company).
Donald Trump’s social media stock is plunging after his rocky debate performance
Wall Street sure is acting like Donald Trump lost the debate Tuesday night.
Trump needs your support (money), now more than ever. Give till it hurts!
Begging for $$$...any amount, but they start with $47 as a reference to being the 47th President.
It's comical and sad at the same time.
I think the Trumpster cult is likely tapped out by now.
Borrow, spend, die isn't just a catch phrase. It'll be interesting to see what his estate is actually worth once he dies and creditors have taken their slice. DJ and Eric might have to change their dumb lifestyles.
Hey all you MAGAs on this board…..WTH are you doing?!? Trump stock down 16+% this morning…Get out there and Buy! Buy! Buy! Continuously giving Trump your money (life savings, kids college funds, etc.), is the only thing that might make him feel a little better this morning. Let’s prop that stock back up so he can sell his shares (and then tank the company).
Donald Trump’s social media stock is plunging after his rocky debate performance
Wall Street sure is acting like Donald Trump lost the debate Tuesday night.
Trump needs your support (money), now more than ever. Give till it hurts!
I wanna glide down over Mulholland
I wanna write her name in the sky
I'm gonna free fall out into nothin'
Gonna leave this world for a while
Truth social stock down another 4% this morning...dipping <$16.
Poor Rico!
Poor Rico!
I am asking, once again, for the Rs to do the right thing and chip in for this amazing stock. Trump definitely won't sell you out on this once in a life time deal. Open your wallets, and hearts, to him. He would do the same.
After all, he took a bullet for YOU!!!
Trump has been quoted as saying he will not sell DJT when he is allowed. That means he’s going to dump it as fast as he can.
I hope he does. Screwing all his supporters won't increase their likelihood of showing up on election day.
Some insiders must have started selling. It’s down 6% already.
Hit a new all time low…$13.50
stocks.apple.com
Trump Media hits new 52-week low after DJT lockup lifts — CNBC
Former President Donald Trump's majority stake in the Truth Social owner was worth more than $1.5 billion mid-morning Friday.
Volume is a little high but no indacation he's selling. Probably Devin Nunes dumping his while he still can.
I bet he’s selling a bit. We’ll know in a few days when the disclosures are filed.
Actually, who am I kidding? Paperwork and required filings are for other people.
I have Rico on ignore, Is he still riding it out?
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