Invisibleflash
Diamond Member
Is $3M profit?
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Why Trump’s big Wall Street payday won’t bail him out of financial trouble
- Thread starter berg80
- Start date
Is $3M profit?
Invisibleflash
Diamond Member
Good for you!It's playing the game. Watch pump and dump and you might make some money.
I did on a EV stock. Today the hound is trading around 5 bucks, I sold at around 68.
John Edgar Slow Horses
Diamond Member
- Apr 11, 2023
- 23,144
- 12,310
- 1,288
None of that has any meaning to what is going on with TrumpIt's easy to see through the left's craziness. The socialist fascists have decided that Wall Street is the enemy and a Banana Republic administration is the solution to America's problems.
john doe 101
Platinum Member
- Sep 6, 2021
- 11,628
- 6,145
- 938
Refute what? Trump can't cash the shares for $3 billion, dummy./—-/ I posted the link. Now refute it.
/——/ I never said he could until the lockup expires. All I’m saying is he made $3 Billion in one day after you morons claimed he’s stupid, incompetent and can’t make money on his own.Refute what? Trump can't cash the shares for $3 billion, dummy.
But, the NY fraud case was so thoroughly proven by virtue of irrefutable, pretrial evidence presented by James he was found to have defrauded banks and insurance companies. It's settled based on overwhelming evidence. He only chance for relief is to get the fine reduced.
What evidence?
No victims. No losses.
NO CRIME!
/——/ You clowns are pathetic.But, the NY fraud case was so thoroughly proven by virtue of irrefutable, pretrial evidence presented by James he was found to have defrauded banks and insurance companies. It's settled based on overwhelming evidence. He only chance for relief is to get the fine reduced.
/——/ Trump makes $3 billion in one day and all you azzclowns got is BUT BUT BUT. I can’t stop laughing.
KEY POINTS
The price of shares in Digital World Acquisition Corp. closed trading nearly 14% lower than their opening price.
The sharp drop came after the shell company's shareholders approved a merger with the social media company owned by former President Donald Trump.
The newly merged company, Trump Media, could begin trading under the new ticker DJT next week.
Trump holds a majority of shares in the new company, which would be worth $3 billion or more.
/----/ I bought it in 2023 at $16. A little profit taking is expected. Besides, I write cover calls every week so my cost basis is less. Click on 1 year on this chart.
KEY POINTS
The price of shares in Digital World Acquisition Corp. closed trading nearly 14% lower than their opening price.
The sharp drop came after the shell company's shareholders approved a merger with the social media company owned by former President Donald Trump.
The newly merged company, Trump Media, could begin trading under the new ticker DJT next week.
Trump holds a majority of shares in the new company, which would be worth $3 billion or more.
Digital World Acquisition Corp. (DWAC) Stock Price, News, Quote & History - Yahoo Finance
Find the latest Digital World Acquisition Corp. (DWAC) stock quote, history, news and other vital information to help you with your stock trading and investing.
finance.yahoo.com
…and the rubles?Very possible. The rubes will pay for it…
john doe 101
Platinum Member
- Sep 6, 2021
- 11,628
- 6,145
- 938
He hasnt "made" anything./——/ I never said he could until the lockup expires. All I’m saying is he made $3 Billion in one day after you morons claimed he’s stupid, incompetent and can’t make money on his own.
Fort Fun Indiana
Diamond Member
- Mar 10, 2017
- 93,057
- 61,100
- 2,645
Yes, Trumpanzees like to say that. But not one of you could actually argue it, if your life depended on it./——/ There was a Kangaroo Court and everything. There I fixed it for you.
You simply don't have a choice. It's the only way to maintain the perfection of your orange God.
How about one year from now? I’d short that one./----/ I bought it in 2023 at $16. A little profit taking is expected. Besides, I write cover calls every week so my cost basis is less. Click on 1 year on this chart.
Crepitus
Diamond Member
- Mar 28, 2018
- 72,893
- 63,499
- 3,615
Then he will lose his properties.Sorry bout that,
1. He wont pay those who have come up against him, with these fraudulent charges, not a thin dime.
Regards,
SirJamesofTexas
Crepitus
Diamond Member
- Mar 28, 2018
- 72,893
- 63,499
- 3,615
It will be sold mostly to his supporters who can't really afford to lose what they will invest.The whole plan is to pump it and dump it.
Legal theft, for rich people.
/——/ You would, I wouldn’t.How about one year from now? I’d short that one.
Crepitus
Diamond Member
- Mar 28, 2018
- 72,893
- 63,499
- 3,615
Seriously? It's value is currently based on hopes and dreams. It have few advertisers, low membership, and almost no cash flow. It loses money every day. You'd have to be an idiot to buy into that./——/ You would, I wouldn’t.
/——/ I don’t make investments based on emotions. I see an opportunity to make money on options and appreciation, and so far so good.Seriously? Its value is currently based on hopes and dreams. It have few advertisers, low membership, and almost no cash flow. It loses money every day. You'd have to be an idiot to buy into that.
I watch it everyday and am ready to bail if and when it’s no longer profitable.
Currently, on 900 shares I write covered calls for $1,800 in weekly income. No reason to stop.
Aww..thats a shame.But Trump’s stake will be tied up for much of the year under a so-called lock-up agreement, a normal arrangement for such deals to ensure that insiders don’t bail as soon as a company goes public and push down the stock price.
Trump could try to obtain a waiver from that rule, but even then he wouldn’t be able to sell more than a small fraction of his stake at any given time — up to 1 percent of the outstanding shares every quarter. And if he eventually does unload a large quantity of stock, the ramifications could be significant, according to investors and others watching the deal. That’s because Trump himself is the heart of the venture, they say, and any sign that his interest is waning could chill investors.
“It’s simply trading on Trump’s name,” said Kristi Marvin, founder of SPACInsider, a research firm. “People aren’t buying this because they like the fundamentals — they’re buying this because they like Trump.”
IOW, the $44 valuation is based on thin air. Or perhaps I should say hot air. At $3M in revenue it should be a penny stock.
berg80
Diamond Member
- Oct 28, 2017
- 15,131
- 12,542
- 2,320
- Thread starter
- #160
Part of the reason Trump can't use his windfall to pay for the bond, and why his $3B in stock value is unpredictable, is this./——/ Trump makes $3 billion in one day and all you azzclowns got is BUT BUT BUT. I can’t stop laughing.
DWAC stock shares close nearly 14% down after Trump social media merger approved by shareholders
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