truth social crashes at market open

[Missourian]

DJT is doing pretty well. I bought at $24 and it's currently $44.

 

[Cellblock2429]

One thing we know for sure. A lot of people who bought stock knew it was a bad investment. It was just so Trump could pay off E Gene Carol. Amazing how lucky Trump got here.

But this is a loophole right? If I were president, I'd start a bullshit company that isn't worth anything and I'd sell shares for $1000 a share.

/----/ "One thing we know for sure. A lot of people who bought stock knew it was a bad investment."
I knew it was a good investment and made a ton of money. How the fu*k do you know what people wanted? You're just pulling crap out of your azz and posting it as proof positive. How ridiculous.

 

[sealybobo]

/----/ "One thing we know for sure. A lot of people who bought stock knew it was a bad investment."
I knew it was a good investment and made a ton of money. How the fu*k do you know what people wanted? You're just pulling crap out of your azz and posting it as proof positive. How ridiculous.

How did you make money? The stock tanked right away. I assumed everyone who bought stock knew it would tank. They/you only purchased it because Trump owes that woman he raped a lot of money.

 

[sealybobo]

/—-/ Trump haters love to say he went bankrupt 7 times implying it was him personally. He used the legal bankruptcy laws to close down casinos when AC was dying off. It still hasn’t recovered. I live on Long Island and the hundreds of charter bus trips from NY and PA to AC disappeared within a year.

Trump’s Taj Mahal opened in April 1990 in Atlantic City, but six months later, “defaulted on interest payments to bondholders as his finances went into a tailspin

A fourth property, the Plaza Hotel in New York, declared bankruptcy in 1992 after amassing debt.

PolitiFact uncovered two more bankruptcies filed after 1992, totaling six. Trump Hotels and Casinos Resorts filed for bankruptcy again in 2004, after accruing about $1.8 billion in debt. Trump Entertainment Resorts also declared bankruptcy in 2009, after being hit hard during the 2008 recession.

Why the discrepancy? Perhaps this will give us an idea: Trump told Washington Post reporters that he counted the first three bankruptcies as just one.

It wasn't all in AC

the now-closed Trump Marina, Trump Casino & Hotel in Gary, Indiana, Trump 29 in Coachella, California, and Trump Taj Mahal in Atlantic City. It was founded in 1995 as Trump Hotels & Casino Resorts by Donald Trump, who after 2004 held only a minority ownership. The company filed for bankruptcy in 2004, 2009 and 2014. It became a subsidiary of Icahn Enterprises in 2016. Since then, all of the company's properties have been closed and sold.

Plaza Hotel in New York

 

[sealybobo]

/----/ "One thing we know for sure. A lot of people who bought stock knew it was a bad investment."
I knew it was a good investment and made a ton of money. How the fu*k do you know what people wanted? You're just pulling crap out of your azz and posting it as proof positive. How ridiculous.

You didn't make any money on Trump stock liar.

Rooting for Donald Trump to fail has rarely been this profitable.

Just ask a hardy band of mostly amateur Wall Street investors who have collectively made tens of millions of dollars over the past month by betting that the stock price of his social media business — Truth Social — will keep dropping despite massive buying by Trump loyalists

No need in Trump Media’s case. It’s all there in the Sarasota, Florida-based company’s 100-page financial report: A firehose of losses, $58 million last year, on minuscule revenue of $4 million from advertising and other sources.

The losses are so big, as Trump Media’s auditor wrote in the report, they “raise substantial doubt about its ability to continue as a going concern.”

“It’s scary,” says Drechsler, who likens buyers of Trump’s stock to unwavering sports fans. “It is everything that you hope that the stock market is not.”

“Lock up” agreements prohibit Trump and other DJT executives from selling their shares until September. That leaves the float, or the number of shares that can be traded each day by others, at a dangerously tiny 29% of total shares that will someday flood the market. That means a big purchase or sale on any day that would barely move a typical stock can send DJT flying or crashing.

The float is smaller than that of most other notoriously volatile stocks. At their smallest levels, AMC, GameStock and Shake Shack each had more than double the float.

Seattle trader Cheung sees DJT’s freak characteristics as a reason to bet against the stock, not shy away. When the lock-up period ends, he predicts, the ex-president will indeed sell his shares, spooking the market and sending the price down sharply. And even if he doesn’t, other insiders whose lock-ups expire will fear he will do so and will move fast to get a good price before it falls.

“The first one to sell out is going make to most, ” Cheung says.

 

[d0gbreath]

Trump's "Truth Social" Stock Crashes as Soon as Market Opens

Former president Donald Trump's meme stock is in deep, deep trouble. Shares of Trump Media & Technology Group (TMTG) are getting absolutely hammered this morning, sliding a further ten percent [lol will prob need to update] today alone. Shares of the group have been tanking ever since it merged...

ca.finance.yahoo.com

But I am sure the MAGA cult are glad to give trump and his gang all their money. It isn't anvestment, it is a donation.

You must be mistaken Jim. This was supposed to net DJ 10B.

 

[Cellblock2429]

You didn't make any money on Trump stock liar.

Rooting for Donald Trump to fail has rarely been this profitable.

Just ask a hardy band of mostly amateur Wall Street investors who have collectively made tens of millions of dollars over the past month by betting that the stock price of his social media business — Truth Social — will keep dropping despite massive buying by Trump loyalists

No need in Trump Media’s case. It’s all there in the Sarasota, Florida-based company’s 100-page financial report: A firehose of losses, $58 million last year, on minuscule revenue of $4 million from advertising and other sources.

The losses are so big, as Trump Media’s auditor wrote in the report, they “raise substantial doubt about its ability to continue as a going concern.”

“It’s scary,” says Drechsler, who likens buyers of Trump’s stock to unwavering sports fans. “It is everything that you hope that the stock market is not.”

“Lock up” agreements prohibit Trump and other DJT executives from selling their shares until September. That leaves the float, or the number of shares that can be traded each day by others, at a dangerously tiny 29% of total shares that will someday flood the market. That means a big purchase or sale on any day that would barely move a typical stock can send DJT flying or crashing.

The float is smaller than that of most other notoriously volatile stocks. At their smallest levels, AMC, GameStock and Shake Shack each had more than double the float.

Seattle trader Cheung sees DJT’s freak characteristics as a reason to bet against the stock, not shy away. When the lock-up period ends, he predicts, the ex-president will indeed sell his shares, spooking the market and sending the price down sharply. And even if he doesn’t, other insiders whose lock-ups expire will fear he will do so and will move fast to get a good price before it falls.

“The first one to sell out is going make to most, ” Cheung says.

/----/ I have been trading DWAC, DWAC Warrants since 2021. And they converted to DJT this year. Since Schwab bought TD Ameritrade, I can only show you DJT for this year. But I did very well with DWAC and DWAC last two years.

Here is a screen shot of my statement taken about 10 minutes ago. If you won't believe this, there is nothing else I can do to prove it to you.

 

[john doe 101]

/----/ 71 million isn't a cult. It's a grassroots movement you libtards, crooked judges, crooked DAs, and the LSM can't stop.

We stopped you in 2020. You're still meaningless.

 

[john doe 101]

/----/ I have been trading DWAC, DWAC Warrants since 2021. And they converted to DJT this year. Since Schwab bought TD Ameritrade, I can only show you DJT for this year. But I did very well with DWAC and DWAC last two years.

Here is a screen shot of my statement taken about 10 minutes ago. If you won't believe this, there is nothing else I can do to prove it to you.
View attachment 950080

Lol having such a low self esteem you have to print screenshots.

 

[Cellblock2429]

We stopped you in 2020. You're still meaningless.

/----/ States have fixed their voting systems to prevent another steal.

 

[Cellblock2429]

Lol having such a low self esteem you have to print screenshots.

/----/ I don't appreciate being called a liar. So now, whenever you clowns claim I didn't make money on DJT, I'll shove it in your face.

 

[Faun]

/----/ States have fixed their voting systems to prevent another steal.

LOL

And if Trump loses again you'll cry stolen election again. You people are the biggest sore losers in the history of sore losing.

 

[JimH52]

We stopped you in 2020. You're still meaningless.

Just another trump scam...like trump steak and trump university.

 

[The Duke]

Is this one of those things that if you say it enough you will actually start to believe it?

 

[The Duke]

Silly Boo Boo posting:

How did you make money? The stock tanked right away. I assumed everyone who bought stock knew it would tank. They/you only purchased it because Trump owes that woman he raped a lot of money.

Trump’s Taj Mahal opened in April 1990 in Atlantic City, but six months later, “defaulted on interest payments to bondholders as his finances went into a tailspin

A fourth property, the Plaza Hotel in New York, declared bankruptcy in 1992 after amassing debt.

PolitiFact uncovered two more bankruptcies filed after 1992, totaling six. Trump Hotels and Casinos Resorts filed for bankruptcy again in 2004, after accruing about $1.8 billion in debt. Trump Entertainment Resorts also declared bankruptcy in 2009, after being hit hard during the 2008 recession.

Why the discrepancy? Perhaps this will give us an idea: Trump told Washington Post reporters that he counted the first three bankruptcies as just one.

It wasn't all in AC

the now-closed Trump Marina, Trump Casino & Hotel in Gary, Indiana, Trump 29 in Coachella, California, and Trump Taj Mahal in Atlantic City. It was founded in 1995 as Trump Hotels & Casino Resorts by Donald Trump, who after 2004 held only a minority ownership. The company filed for bankruptcy in 2004, 2009 and 2014. It became a subsidiary of Icahn Enterprises in 2016. Since then, all of the company's properties have been closed and sold.

Plaza Hotel in New York

You didn't make any money on Trump stock liar.

Rooting for Donald Trump to fail has rarely been this profitable.

Just ask a hardy band of mostly amateur Wall Street investors who have collectively made tens of millions of dollars over the past month by betting that the stock price of his social media business — Truth Social — will keep dropping despite massive buying by Trump loyalists

No need in Trump Media’s case. It’s all there in the Sarasota, Florida-based company’s 100-page financial report: A firehose of losses, $58 million last year, on minuscule revenue of $4 million from advertising and other sources.

The losses are so big, as Trump Media’s auditor wrote in the report, they “raise substantial doubt about its ability to continue as a going concern.”

“It’s scary,” says Drechsler, who likens buyers of Trump’s stock to unwavering sports fans. “It is everything that you hope that the stock market is not.”

“Lock up” agreements prohibit Trump and other DJT executives from selling their shares until September. That leaves the float, or the number of shares that can be traded each day by others, at a dangerously tiny 29% of total shares that will someday flood the market. That means a big purchase or sale on any day that would barely move a typical stock can send DJT flying or crashing.

The float is smaller than that of most other notoriously volatile stocks. At their smallest levels, AMC, GameStock and Shake Shack each had more than double the float.

Seattle trader Cheung sees DJT’s freak characteristics as a reason to bet against the stock, not shy away. When the lock-up period ends, he predicts, the ex-president will indeed sell his shares, spooking the market and sending the price down sharply. And even if he doesn’t, other insiders whose lock-ups expire will fear he will do so and will move fast to get a good price before it falls.

“The first one to sell out is going make to most, ” Cheung says.

Me:

 

[john doe 101]

/----/ I don't appreciate being called a liar. So now, whenever you clowns claim I didn't make money on DJT, I'll shove it in your face.

What about when you lose money?

 

[john doe 101]

/----/ States have fixed their voting systems to prevent another steal.

So when Biden wins this time?

 

[The Duke]

So when Biden wins this time?

America is over.

 

[JimH52]

Truth Social lost over $320 million in the year’s first quarter.

This marks the company’s first earnings report since it became publicly traded in March after completing a merger with Digital World Acquisition Corp.

Another trump scam....

 

[sealybobo]

/----/ States have fixed their voting systems to prevent another steal.

Biden actually passed a bi partisan law so no future loser can try that fake electors scam Trump tried to pull.