The last time a Trump company went public it didn't go well for investors

[otto105]

DJT closed at $16.92 on 11 Jan 2024. DJT closed today at $32.59.

It's doubled in value in 3 months. What other stock has done that?

I'll wait.

djt stock has only traded for about 9 days fuckup.

 

[Leviticus]

Why didn't Trump go public with Truth Social before?

Taking a company public is not a simple thing. You have to get several audits from the SEC and get their permission. You have to get the permission of the banks that control wall street.

Plus he has to make sure that his followers are willing to buy into the stock. Because his plan is to allow his followers to buy the stock and raise the price so that he can sell off his stock and get rich And then sell off all his stock and leave the company to fail.

If a lot of people buy a stock at the same time it artificially raises the stock prices. If you were call this happened when a bunch of People intentionally raised the price of Gamestop stock 22 screw over all of the hedge fund managers who were betting that the company would fail. All the wall street brokers lost money on gamestop But those who had bought it were able to sell the stock that they bought for a lot more than they bought it for in a lot of people who bought it made money. The problem with that is that anyone who was buying the stock thinking it would stay is valuable Lost money. That type of artificial price rising in stock always leads to a huge collapse.

Trump's plan is similar to that. He is pushing the company as something that his MAGA supporters should buy and support. He is telling them that the company is the future and will overtake twitter and facebook as the future of social media. What he's really doing is baiting them into buying the stock so that his own stock will be worth more. Then he's going to sell the sauce before it collapses like gamestop did, getting richer while his followers all are left holding a bunch of worthless stock and lose their life savings.

 

[two_iron]

djt stock has only traded for about 9 days fuckup.

It's traded since Sept of 2021 ya dizzy faggot...

Why do you even bother? You need to guzzle a quart of Liquid Plumr and post it TikTok.... let us laugh and point at you while you check out of this mother fucker.... do the planet a solid for once.

 

[JoeB131]

DJT closed at $16.92 on 11 Jan 2024. DJT closed today at $32.59.

It's doubled in value in 3 months. What other stock has done that?

I'll wait.

For what, it to turn into a penny stock? The point is, you cultists weren't allowed to buy it when it was 16.92.

What you are seeing is a classic "pump and dump". Trump and his cronies pumped up the value by deliberately hiding the company's liabilities (that it actually LOST 58 million last year.)

 

[two_iron]

What in the wide world of fuck are you mumbling about?? Anybody can buy (or short sell) DJT after it was offered publicly in 2021. They don't ask about your political affiliation.

It feels like I'm explaining quantum physics to Fred Flinstones, but here goes.....most of those social media companies are not profitable for years. Facebook took 5 years to finally turn a profit. So, DJT is on firm ground. BTW, the NASDAQ was down 267 points yesterday, DJT closed up for the day. I guess you need to know: DJT is traded on the NASDAQ exchange.

Put your money where your mouth is. Take that $300 you have in the bank and short sell that mother fucker. When the stock drops to $16 you'll have $600. Otherwise you're just blowing up our asses.... and looking like an idiot (obviously I mean MORE of an idiot).

 

[okfine]

It's traded since Sept of 2021 ya dizzy faggot...

Why do you even bother? You need to guzzle a quart of Liquid Plumr and post it TikTok.... let us laugh and point at you while you check out of this mother fucker.... do the planet a solid for once.


View attachment 931385

You can try to ease your pain, but the investors are squirming.

"Man I really thought we were gonna see a jump today. Especially after that party last night. There is always tomorrow,” while another added, "Doesn’t it seem strange that the price goes down steadily every day? Haven’t seen a green day for a while.”

'Not going to be able to sleep tonight': Truth Social boosters panicking as stock plummets

With the value of stock in Trump Media and Technology Group (TMTG) continuing its unceasing slide downward since the technology company went public, supporters of Donald Trump who profess to have invested in the company are increasingly expressing dismay about the collapse on the former...

www.rawstory.com

 

[JoeB131]

It feels like I'm explaining quantum physics to Fred Flinstones, but here goes.....most of those social media companies are not profitable for years. Facebook took 5 years to finally turn a profit. So, DJT is on firm ground. BTW, the NASDAQ was down 267 points yesterday, DJT closed up for the day. I guess you need to know: DJT is traded on the NASDAQ exchange.

Nobody valuated Facebook at billions when it started. In fact, Facebook spent years building a fanbase before they even tried to monetize it.

The thing is, Trump isn't inventing the wheel here. Facebook and Twitter were new ideas. Truth Social is just a cheap knockoff of Twitter.

It closed "up" by 18 cents, which it has lost in off hours trading as of 10 AM this morning.

Here's the problem Truth Social has.

1) It has relatively few users, and half of those are probably journalists following 'What Crazy Shit did Trump say today?"
2) Given the low level of moderation and kinds of nuts who post there, no advertiser really wants their products promoted there.

And when Trump INEVITABLY loses in November, it will really have no purpose after Ivanka has Donnie put in a home.

Put your money where your mouth is. Take that $300 you have in the bank and short sell that mother fucker. When the stock drops to $16 you'll have $600. Otherwise you're just blowing up our asses.... and looking like an idiot (obviously I mean MORE of an idiot).

My understanding is that because so many people are expecting it to fail, selling short would cost more than you would actually gain.

 

[two_iron]

You can try to ease your pain, but the investors are squirming.

"Man I really thought we were gonna see a jump today. Especially after that party last night. There is always tomorrow,” while another added, "Doesn’t it seem strange that the price goes down steadily every day? Haven’t seen a green day for a while.”

'Not going to be able to sleep tonight': Truth Social boosters panicking as stock plummets

With the value of stock in Trump Media and Technology Group (TMTG) continuing its unceasing slide downward since the technology company went public, supporters of Donald Trump who profess to have invested in the company are increasingly expressing dismay about the collapse on the former...

www.rawstory.com

You worried about Trump supporters taking a bath on a stock?

I'd call you a fuckin' liar, but that's not how I roll.

The stock is still worth double what it was 3 months ago. Name another stock with that kind of performance.

Waiting patiently...

 

[okfine]

You worried about Trump supporters taking a bath on a stock?

I'd call you a fuckin' liar, but that's not how I roll.

The stock is still worth double what it was 3 months ago. Name another stock with that kind of performance.

Waiting patiently...

Are you upset? Losing sleep?

 

[two_iron]

My understanding is that because so many people are expecting it to fail, selling short would cost more than you would actually gain.

I want to frame that. What you know about the stock market could obviously fit in your girlfriend's dick hole.

Not one word of that sentence resembles a coherent thought. Your ignorance gives me secondhand embarrassment.

 

[two_iron]

Are you upset? Losing sleep?

Oh fuck.... you got me.

 

[okfine]

Oh fuck.... you got me.

I suppose you need a pat on the back.

 

[otto105]

It's traded since Sept of 2021 ya dizzy faggot...

Why do you even bother? You need to guzzle a quart of Liquid Plumr and post it TikTok.... let us laugh and point at you while you check out of this mother fucker.... do the planet a solid for once.


View attachment 931385

Post how long the DJT symbol has traded fuckup.

 

[okfine]

Post how long the DJT symbol has traded fuckup.

I have a feeling that poster is gonna lose his ass on DJT

 

[luiza]

The last time a Trump company went public it didn't go well​

Don't worry
Goddy had the same problem right from the start and still has not broken even nearly 15 billion light years later .
However, if his followers have not become disillusioned with his abysmal track record, he is still being sold as our "Next Time Saviour " on his latest Donations videos .
An easy scam to run but still fools most of the Sheeple most of the time .

 

[HikerGuy83]

Donald Trump's social media company could go public as soon as next week, paving the way for a potentially huge windfall for a former president who raked in tens of millions of dollars the last time one of his companies was listed on a stock exchange.

That decades-ago previous experience, however, did not end well for the company or its investors. While a 2016 Washington Post review found that Trump made over $44 million, the company — Trump Hotels and Casino Resorts — lost more than $1 billion and ended up in bankruptcy.


This time around, there’s at least one similarity between the two ventures separated by decades. The newly merged company that’s set to go public, Trump Media, will be listed on the Nasdaq stock exchange with the letters DJT, Trump’s initials. Trump Hotels and Casino Resorts used the same stock ticker when it went public with great fanfare in 1995.

“It’s going public and we’re really very happy about it," Trump told reporters almost 30 years ago. "It's going to be a great day."

The Atlantic City, N.J., company lost money every year, but its stock prices did well — for a time. In the initial public offering, the company raised $140 million, selling 10 million shares at $14 each.

By 1996, the stock reached a high of $35 a share before plummeting later that year, in part because the company bought another casino for $100 million more than its estimated $400 million value, The New York Times reported in 2016.

The last time a Trump company went public it didn't go well for investors​

Trump made millions in the 1990s when his casino company went public. Investors lost a fortune.

www.nbcnews.com

Remember when it was reported Trump hadn't paid taxes for years because he had a massive $1B in business losses to offset any money he made. If not for the hundreds of millions he made from a TV show pretending to be the successful businessman he never was in real life he might have had to declare bankruptcy for a 5th time.

Donald Trump's social media company could go public as soon as next week, paving the way for a potentially huge windfall for a former president who raked in tens of millions of dollars the last time one of his companies was listed on a stock exchange.

That decades-ago previous experience, however, did not end well for the company or its investors. While a 2016 Washington Post review found that Trump made over $44 million, the company — Trump Hotels and Casino Resorts — lost more than $1 billion and ended up in bankruptcy.


This time around, there’s at least one similarity between the two ventures separated by decades. The newly merged company that’s set to go public, Trump Media, will be listed on the Nasdaq stock exchange with the letters DJT, Trump’s initials. Trump Hotels and Casino Resorts used the same stock ticker when it went public with great fanfare in 1995.

“It’s going public and we’re really very happy about it," Trump told reporters almost 30 years ago. "It's going to be a great day."

The Atlantic City, N.J., company lost money every year, but its stock prices did well — for a time. In the initial public offering, the company raised $140 million, selling 10 million shares at $14 each.

By 1996, the stock reached a high of $35 a share before plummeting later that year, in part because the company bought another casino for $100 million more than its estimated $400 million value, The New York Times reported in 2016.

The last time a Trump company went public it didn't go well for investors​

Trump made millions in the 1990s when his casino company went public. Investors lost a fortune.

www.nbcnews.com

Remember when it was reported Trump hadn't paid taxes for years because he had a massive $1B in business losses to offset any money he made. If not for the hundreds of millions he made from a TV show pretending to be the successful businessman he never was in real life he might have had to declare bankruptcy for a 5th time.