DWAC (Trump) Stock

[debbiedowner]

Amazon, Facebook, Twitter, Tesla- they all lost money for years before they turned a profit. Market didn't seem to mind that much...

At $66, Trump's 79 million shares are worth $5.2 Billion.

There is something like 30 million shares available for trading. I read that by tomorrow, the short-sellers will need to buy aprox. 500,000 shares to hedge their shorts. That will drive the price higher...

MSN

Going down

 

[Cellblock2429]

MSN

Going down

/——/ Profit taking. Yeah, that’s never happened on Wall Street ever.

 

[debbiedowner]

/——/ Profit taking. Yeah, that’s never happened on Wall Street ever.

Yep, and when humpty dumpty decides he wants to cash his 57% in it goes right down the tubes. Don't think for a minute he would not screw the shareholder's.

 

[Synthaholic]

No, it won't be a good stock to buy because the company doesn't make money

Correct.

 

[Synthaholic]

It would be nice to know who out there is holding large amounts of the stock, letting Trump know they will hold it as long as he does their bidding

This is a money laundering operation.

 

[Cellblock2429]

Yep, and when humpty dumpty decides he wants to cash his 57% in it goes right down the tubes. Don't think for a minute he would not screw the shareholder's.

/——/ At his age, he built a $3 billion empire. He has no reason to cash out. But you keep slamming Trump and defending the Bidens.

 

[MarathonMike]

It would be nice to know who out there is holding large amounts of the stock, letting Trump know they will hold it as long as he does their bidding

You Trump haters are sooooo precious!

 

[MarathonMike]

This is a money laundering operation.

Oh here we go, Synth just went FULL retard, atta boy!

 

[Harpy Eagle]

You Trump haters are sooooo precious!

not near as precious as you Trump ass lickers.

 

[MarathonMike]

not near as precious as you Trump ass lickers.

Oh don't get nasty now!

 

[Synthaholic]

This is THE most shorted stock on Wall Street, currently.

 

[Cellblock2429]

True, but it's also possible that he will be able to sell a portion of his shares prior to that upon approval by the board.

/——/ OR…. he could use some shares as collateral on a loan so he retains ownership like every other billionaire does.

 

[Moonglow]

Well noted. I was considering buying it at $75 a share. Thankfully I didn’t. I had a feeling that it would go down.

Let’s see how the stock performs in the next few days

I feel that the next bump would happen sometime in the summer or perhaps if Trump gets elected.

You should play the margins on this one.

 

[Harpy Eagle]

/——/ OR…. he could use some shares as collateral on a loan so he retains ownership like every other billionaire does.

doubtful, in order to do that the loan provider would have to assume it will hold its current value, which just about nobody thinks will happen

 

[Toro]

Dwac stock had a nearly 100% increase in a day recently .. going up to about $72 a share from 36.

It’s cooled down to around $60. But the question is, is this a good stock to buy now?? will it have another surge perhaps if Trump gets elected in November?

I remember looking at this stock a few days ago thinking I should buy it. Well I missed out on it.

It has an $8 billion market capitalization but only $3 million in revenues. And a $49 million loss.

So no, it’s not a good “investment,” at least not yet. Now it’s just a speculative tool for the Zero Hedge crowd.

 

[Toro]

/——/ Why would he do that? It’s his platform. Geeeze get over your TDS.

Because he needs the money and he’s not dumb.

He’s not going to sell all of it, but he’s going to sell a chunk of it.

 

[Toro]

True, but it's also possible that he will be able to sell a portion of his shares prior to that upon approval by the board.

The board has already approved the sale. He can sell whenever he wants after the six month lock.

 

[alang1216]

Dwac stock had a nearly 100% increase in a day recently .. going up to about $72 a share from 36.

It’s cooled down to around $60. But the question is, is this a good stock to buy now?? will it have another surge perhaps if Trump gets elected in November?

I remember looking at this stock a few days ago thinking I should buy it. Well I missed out on it.

It seems to be a company whose only asset is Trump. I don't wish him ill but he is old and should he kick the bucket or get sick that stock may be worthless.

 

[Toro]

Just FYI for anyone wanting to buy this because they love Trump - he’s totally fucked his investors before.

He crammed down his bondholders when Trump Inc went bankrupt. They got something like 30 cents on the dollar. The bondholders were almost entirely like the people in MAGA. Wall Street held barely any of his bonds because they know what a scumbag he is.

Trump doesn’t give a flying fuck about the people in MAGA. He will tot

 

[FranklinRoosevelt_FTW]

It has an $8 billion market capitalization but only $3 million in revenues. And a $49 million loss.

So no, it’s not a good “investment,” at least not yet. Now it’s just a speculative tool for the Zero Hedge crowd.

Plenty of people have made tons of money already. There should be at least a few more big money pumps. It’s all about getting the timing right.

The next money pump should be when the unhinged radical left attacks Trump again usually when that happens his stock goes up.

Or come election time right before the election there should be another money pump. And after Trump gets elected expect a big pump.