Truth Social shares go into freefall after investors learn how much money it really makes!!!
- Thread starter SoProudNole
- Start date
- Sep 13, 2002
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Well half her brain works better than all 4 of theirs combined so it’s not really a fair fight.
as funny (and completely predictable) as this is...trump is still doing what trump does - extracting money by working the system
he owns 78.75 million shares...even if the price craters to $5 a share, that's still over $300M
and its all profit for him...you know he didn't put a single cent of his own money in this
he owns 78.75 million shares...even if the price craters to $5 a share, that's still over $300M
and its all profit for him...you know he didn't put a single cent of his own money in this
He is already involved in two separate civil lawsuits regarding the merger and the federal regulators are just getting warmed up.
So, yes in many respects this venture is typical Trump. He will end up paying law firms 7 figure legal fees and could be held liable for damages which could seriously dilute any gains. And who knows what the regulators will find.
I would predict that DJT Media will end up like a 20 car freeway pile up but multiple other analysts have already painted the picture.
Think there is a decent chance of it being delisted. Being in noncompliance with the exchange standards. So there may never be an opposition to cash out for him.
Umm, apparently there is something about this company that most of us, as well as the NASDAQ, are missing.
For enlightenment, I give you the brilliant insight of Paul Ingrassia:
“The Trump brand should be worth tens of billions of dollars more than what it is currently being traded at on the Nasdaq, given its uniqueness as combining the best of politics and business,” writes Paul Ingrassia.
“In the same vein in which DaVinci’s paintings and Michelangelo’s sculptures would be valued in the billions if ever sold on the open market today, Donald Trump’s creative visions equate to exceptional valuations — because of the rarity of his skillset and gifts.”
Ingrassia's online profile shows he is a communications director for a nonprofit that positions itself as “the answer to the useless and radically leftist American Civil Liberties Union,” a New York Young Republican Club member, and a recent graduate of Cornell Law School.
Link
For enlightenment, I give you the brilliant insight of Paul Ingrassia:
“The Trump brand should be worth tens of billions of dollars more than what it is currently being traded at on the Nasdaq, given its uniqueness as combining the best of politics and business,” writes Paul Ingrassia.
“In the same vein in which DaVinci’s paintings and Michelangelo’s sculptures would be valued in the billions if ever sold on the open market today, Donald Trump’s creative visions equate to exceptional valuations — because of the rarity of his skillset and gifts.”
Ingrassia's online profile shows he is a communications director for a nonprofit that positions itself as “the answer to the useless and radically leftist American Civil Liberties Union,” a New York Young Republican Club member, and a recent graduate of Cornell Law School.
Link
Trump urging his supporters to support Truth Social. What happens when Trump dumps all of this junk stock as soon as possibly can? What would happen to anyone still owning shares? Could the price dip to under $1.00? When would it be listed with penny stock trades and off of Nasdaq?
I’m not linking it, but there was a great article in the WaPo today about DJT, and the people who have sunk money into it. I doubt any of you will be surprised that those interviewed believe Orange Jesus and his stock will be resurrected. It’s the Deep State and the Libs conspiring against the stock. One guy that runs a tree trimming business has put $25,000 into the stock, and truly believes it will hit $1000 a share. Trump will suck every dollar from this rube and leave him with lies about how the SEC, or Bloomberg, or Letitia James ruined the stock and they are to blame.
They are delusional but I just couldn’t decide if I should feel sorry for them? They believe so fervently in him they can no longer see reality.
They are delusional but I just couldn’t decide if I should feel sorry for them? They believe so fervently in him they can no longer see reality.
She’s dropping boyz. Down 20 percent pre-market
Trump trial is kicking his stock in the nuts.
Trump wants to be in the news no matter what. Even if it’s negative. A stock that’s value is based primarily on hype related to him isn’t going to enjoy the same benefits.
Perhaps a "re-branding" and re-naming the site "Moskva" will help...
Rico........
You there, my boy?
You there, my boy?
Buy now before it’s gone Rico Ryan
At why point does Trump TRY to cash out before the stock becomes worthless? I believe he has to wait 90 or 180 days after the stock went public to do so without board approval. But this board is all golf buddies so I'm sure they will approve it, but that will just tank the stock and wipe out his investors. Not that Trump cares.
I do believe if he gets approval to cash out and sell some, he has to make a public SEC filing first, which will give any smart investor (if there are any in this case) time to get out, further tanking the price Trump would cash out at. So unfair.
I do believe if he gets approval to cash out and sell some, he has to make a public SEC filing first, which will give any smart investor (if there are any in this case) time to get out, further tanking the price Trump would cash out at. So unfair.
Opened only down 15%!
I sense a buying opportunity.
I sense a buying opportunity.
When and if he does intend to cash out he will have to announce it a day prior. That will make the stock worthless before he can.
MAGAs buying more Trump shares as the value plummets.
Me watching this shitshow
Me watching this shitshow
People may be buying shares to cover their short position. A lot of gains were made by shorts and are getting locked in.
Here are the massive tax increases coming your way in a second Biden term!
Donald Trump has outlined his plans for federal taxation should he be elected. "I will make the Trump tax cuts permanent. You know they expire in a year. And we will cut your taxes even more than that," he said in a speech in North Charleston, South Carolina, on Feb. 14, 2024. Trump made the...iowa.forums.rivals.com
Seems like the talking points for the day go out on TS; then the MAGA Morons show up in droves here, posting their Theme For The Day.
And hardly anyone bothers to engage them, to their continued frustration...
$100 says the DJT board gives him approval to sell early, but he doesn't cross his T's and dot his I's with the SEC and this debacles turns into another lawsuit/"witch hunt" in about 12 months.
I think the federal judge that watches all his money wouldn't let that happen, he can't buy a Big Mac without her knowing.
I don't think so, if they do that (if even permissible), this thing heads toward $0 in a hurry.
This morning DJT filed a plan with the SEC to issue an additional 21 million shares of common stock.
I’ll leave it up to the stock market financial pros to explain what a move like this means. On the surface it looks like a big net to catch more suckers.
I’ll leave it up to the stock market financial pros to explain what a move like this means. On the surface it looks like a big net to catch more suckers.
That's exactly what it is.
Need more $$$ and with the stock tanking, less options to raise funds.
One thing is certain...another bankruptcy is coming and the only question is when?.
Update...now down 18%.
Does this part mean Trump’s trying to get the ok to sell his shares?
The company also seeks to offer the resale of up to 146.1 million shares of stock from “selling securityholders,” 114.8 million of which are held by Trump himself. Trump owns 78.8 million shares of the company, and stands to obtain 36 million “earnout shares” if the stock stays above $17.50 for enough trading days.
Are you questioning the business/financial acumen of Trump???
It's brilliant as long as he realizes his followers are idiots.
Which I think he does.
AA was my brother's first job after his masters. Can't remember if he left just before the layoffs or after.
I’m sure his lawyers and accountants are trying to find ways for him to legally cash out. Even if his board is comprised of his buddies, I imagine they they’d be putting themselves at risk of a major lawsuit if they let him cash out early.
So, +36M "earnout shares" along with additional dilution of +21M shares requested in SEC filing.
+57M shares of dilution are going to do a number on those MAGA returns, yo...
MAGA investors will be asking for Federal bail out.....just wait and see
