Truth Social shares go into freefall after investors learn how much money it really makes!!!
- Thread starter SoProudNole
- Start date
Are the Trump Media stockholders tired of all this winning?
1. Death
2. Taxes
3. Truth Social stock setting a new record low each day
2. Taxes
3. Truth Social stock setting a new record low each day
Is Trump no longer worth 6 billion?
No revenue, no cash, stock in free fall… hey, let’s start a television network!
Earlier Tuesday, Trump Media in a press release said it "has finished the research and development phase of its new live TV streaming platform and will begin scaling up its own content delivery network."
The company said it will roll out streaming content in three phases, the first of which will introduce Truth Social's content delivery network for streaming live TV to the app for Android, iOS and web.
Phase two will release stand-alone Truth Social streaming apps for phones, tablets and other devices, while phase three will release such apps for home television, Trump Media said.
"The streaming content is expected to focus on live TV including news networks, religious channels, family-friendly content including films and documentaries; and other content that has been cancelled, is at risk of cancellation, or is being suppressed on other platforms and services," Trump Media said in its release.
CEO Devin Nunes in a prepared statement said, "We're excited to move forward with the next big phase for Truth Social."
"With our streaming content, we aim to provide a permanent home for high-quality news and entertainment that face discrimination by other channels and content delivery service," Nunes said. "There is a lot of great content that simply can't find an audience for unjust reasons, and we want to let these creators know they'll soon have a guaranteed platform where they won't be cancelled."
Earlier Tuesday, Trump Media in a press release said it "has finished the research and development phase of its new live TV streaming platform and will begin scaling up its own content delivery network."
The company said it will roll out streaming content in three phases, the first of which will introduce Truth Social's content delivery network for streaming live TV to the app for Android, iOS and web.
Phase two will release stand-alone Truth Social streaming apps for phones, tablets and other devices, while phase three will release such apps for home television, Trump Media said.
"The streaming content is expected to focus on live TV including news networks, religious channels, family-friendly content including films and documentaries; and other content that has been cancelled, is at risk of cancellation, or is being suppressed on other platforms and services," Trump Media said in its release.
CEO Devin Nunes in a prepared statement said, "We're excited to move forward with the next big phase for Truth Social."
"With our streaming content, we aim to provide a permanent home for high-quality news and entertainment that face discrimination by other channels and content delivery service," Nunes said. "There is a lot of great content that simply can't find an audience for unjust reasons, and we want to let these creators know they'll soon have a guaranteed platform where they won't be cancelled."
Remember: He gets to acquire another 36M shares, if the price stays over $17.50....
Along with the other ~22M shares they filed to issue (common shares: i.e. those don't get any preferred status and most likely to lose your money and will be last to be paid in any bankruptcy proceeding)
The grift is plain to see, and yet Rico and his buddies are just too stupid to understand "they" are the marks here.
"Unjust reasons" = future defamation lawsuits
Remember, Smartmatic suit is still pushing thru the courts, and I believe Dominion's suit was only settled w/ Fox w/ other rightwing outlets yet to pay their penalties...
You are correct.
A massive sale, technically insider trading, would likely "tank" the market and render the remaining stock worthless.
And the Board might have some personal liability.
Don't see the SEC allowing it.
I just wonder what monkeys are sitting in the chairs in the boardroom coming up with plans to keep the dimwit MAGAs throwing money at them…
Day 1 of shitshow….”Let’s issue millions more in stock!”
Day 2 of shitshow…..”How about we start a streaming service?!”
Day 1 of shitshow….”Let’s issue millions more in stock!”
Day 2 of shitshow…..”How about we start a streaming service?!”
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We simply don't understand the business genius that is Nunes and the Trumps.
For reference...on March 27, 2024, DJT Media stock was at $72. Less than 3 weeks later it's at $24.
Almost unbelievable until you realize it was never a legitimate investment.
Fortunately for Trump, there's a lot of Ricos in the world.
Almost unbelievable until you realize it was never a legitimate investment.
Fortunately for Trump, there's a lot of Ricos in the world.
Hey @RicoSuave102954 can we get a portfolio update? How is your investment doing?
Stock price went from $79 to $29 in 14 trading days. Currently trading under $25 per share.
Because OAN and NewsMax unjustly censors important conspiracy info. Why isn’t there a platform for MAGA nation?
That news is so 40 minutes ago, keep up!
Trump Media & Technology Group Corp. (DJT)
$23.70 -2.91 (-10.94%)
The streaming service will be ready in a few weeks. Just like the Obamacare replacement plan. And the wall. And the infrastructure plan.
Republicans: "The price of bread is breaking my back!"
Also Republicans: "I just bought $10,000 more shares of Trump's beautiful stock!"
Also Republicans: "I just bought $10,000 more shares of Trump's beautiful stock!"
Hmmm….Rhule says the falling stock is good for Agent Orange….every share he owns no matter the price is found money as he put no money in and did no work.
Stephanie Ruhle reveals why Truth Social's falling stock price is no laughing matter
Stephanie Ruhle reveals why Truth Social's falling stock price is no laughing matter
Rico bought low and Rico sold high.
Rico is fluff with cash!
Rico is looking for his next goldmine.
Rico is sorry you didn't listen when he gave you free stock advice.
Self-distancing behavior such as speaking in third person is a psychological coping mechanism associated with mental distress or traumatic experience.
You definitely lost money.
Trump Media & Technology Group Corp
NASDAQ: DJT23.31
USD▼ -3.30 (-12.40%) today
April 16, 12:16 PM EDT ·
If you're losing your a$$ on Trump stocks it only makes sense you deny your investment was a huge mistake and instead say the opposite.
Pics or it didn't happen.
Didn't you hear — Rico is "fluff with cash."
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So, your income is all from being a porn "fluffer"....
They tried to warn you in the S-4!
“A number of companies that were associated with President Trump have filed for bankruptcy,” the document states. “There can be no assurances that TMTG [that is, Trump Media & Technology Group] will not also become bankrupt.”
www.latimes.com
“A number of companies that were associated with President Trump have filed for bankruptcy,” the document states. “There can be no assurances that TMTG [that is, Trump Media & Technology Group] will not also become bankrupt.”
Column: A lengthy list of Trump's disastrous business deals — compiled by his newest business partners
In a regulatory filing, Trump's latest business partners have compiled a handy list of all of his failed business deals.
www.latimes.com
He’s a fluffer alright…
I’m not really an individual stock guy but how is possible for any investor to make anything on this? It has fallen continuously since the IPO.
Not really a big deal if this stock fails. Trump will simply start another world class business.
Liar!
You're a certified fool, but very entertaining.
Currently down 14%, just today!
Looking at the 1 year chart...
It was around $17 during the SPAC merger phase (December 2023)
Then it spiked to ~$50 (late January)
Then it bounced around from $35-50 for a couple months, before spiking up to $79 during the IPO frenzy.
As we know, it's been in a free fall since then.
If someone timed it right and bought early then sold near the top, then they could have made some good money. The key would have been to enter before the IPO announcement. But I don't believe for a second that @RicoSuave102954 sold near the top. A simple screenshot of his P&L Statement would prove me wrong though.
Under $23 now...continues to free fall. LOLOL!
Never question Rico. Rico is wise. Rico is fluff with cash.
