Trading on Trump's stock started and his net worth just jumped as much as $9 billion.
The wailing of these demons is priceless. They/Them/Legion are in Hell.
The wailing of these demons is priceless. They/Them/Legion are in Hell.
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Trump $9 Billion Richer......The Left Is Not Pleased
- Thread starter mudwhistle
- Start date
Trading on Trump's stock started and his net worth just jumped as much as $9 billion.
The wailing of these demons is priceless. They/Them/Legion are in Hell.
I doubt most people don't really care how rich he is or gets. What they care about is him being held to account for crimes he's committed.
and... please try not to cry if and when his wealth drops...
Trump Media & Technology Group, fresh from a merger with a cash-rich shell company, started trading on the Nasdaq,
Trump’s Media Company Gets Lofty Valuation on First Trading Day
Trump Media & Technology Group, fresh from a merger with a cash-rich shell company, started trading on the Nasdaq, adding billions of dollars to the former president’s wealth.
By most traditional measures, Trump Media’s valuation is inordinately high. The company took in just $3.3 million in revenue during the first nine months of last year, all from advertising on Truth Social, and recorded a loss of $49 million.
That means Trump Media’s market value is more than 1,000 times its estimated annual revenue. Investors sometimes assign lofty valuations to small, money-losing companies in anticipation of rapid growth — or a belief that other investors will continue to bid up a company’s shares, for whatever reason — but typically not on this scale.
Other social media companies trade at far smaller price-to-sales ratios than Trump Media: Reddit is around 10, Meta is 7 and Snap is 6, according to FactSet. High-flying tech stocks like the chipmakers Nvidia and ARM trade at price-to-sales ratios of about 25.
REEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEE! 
Salty Cracker!REEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEE!
- Jan 19, 2010
- 67,716
- 62,038
- 3,605
Don't miss out this stock has not topped out yet....
Truth Social's parent company, Trump Media & Technology Group, will trade on the Nasdaq Stock Exchange with the ticker “DJT,” the former president's initials. The deal, along with Reddit's recent IPO, has widened investors' social-media stock options
Truth Social's parent company, Trump Media & Technology Group, will trade on the Nasdaq Stock Exchange with the ticker “DJT,” the former president's initials. The deal, along with Reddit's recent IPO, has widened investors' social-media stock options
MarathonMike
Diamond Member
- Banned
- #6
You and all the Trump haters were squealing with glee over the possibility of Trump having his property seized by a tyrannical hated obsessed AG. That is rather sick and certainly un-American.I doubt most people don't really care how rich he is or gets. What they care about is him being held to account for crimes he's committed.
and... please try not to cry if and when his wealth drops...
Trump Media & Technology Group, fresh from a merger with a cash-rich shell company, started trading on the Nasdaq,
Trump’s Media Company Gets Lofty Valuation on First Trading Day
Trump Media & Technology Group, fresh from a merger with a cash-rich shell company, started trading on the Nasdaq, adding billions of dollars to the former president’s wealth.www.nytimes.com
By most traditional measures, Trump Media’s valuation is inordinately high. The company took in just $3.3 million in revenue during the first nine months of last year, all from advertising on Truth Social, and recorded a loss of $49 million.
That means Trump Media’s market value is more than 1,000 times its estimated annual revenue. Investors sometimes assign lofty valuations to small, money-losing companies in anticipation of rapid growth — or a belief that other investors will continue to bid up a company’s shares, for whatever reason — but typically not on this scale.
Other social media companies trade at far smaller price-to-sales ratios than Trump Media: Reddit is around 10, Meta is 7 and Snap is 6, according to FactSet. High-flying tech stocks like the chipmakers Nvidia and ARM trade at price-to-sales ratios of about 25.
okfine
Diamond Member
- Banned
- #7
His TS has never made a profit.I doubt most people don't really care how rich he is or gets. What they care about is him being held to account for crimes he's committed.
and... please try not to cry if and when his wealth drops...
Trump Media & Technology Group, fresh from a merger with a cash-rich shell company, started trading on the Nasdaq,
Trump’s Media Company Gets Lofty Valuation on First Trading Day
Trump Media & Technology Group, fresh from a merger with a cash-rich shell company, started trading on the Nasdaq, adding billions of dollars to the former president’s wealth.
By most traditional measures, Trump Media’s valuation is inordinately high. The company took in just $3.3 million in revenue during the first nine months of last year, all from advertising on Truth Social, and recorded a loss of $49 million.
That means Trump Media’s market value is more than 1,000 times its estimated annual revenue. Investors sometimes assign lofty valuations to small, money-losing companies in anticipation of rapid growth — or a belief that other investors will continue to bid up a company’s shares, for whatever reason — but typically not on this scale.
Other social media companies trade at far smaller price-to-sales ratios than Trump Media: Reddit is around 10, Meta is 7 and Snap is 6, according to FactSet. High-flying tech stocks like the chipmakers Nvidia and ARM trade at price-to-sales ratios of about 25.
Trump's Truth Social is losing money and has scant sales. Yet it could trade at a $5 billion value.
Former President Donald Trump's Truth Social could soon trade on the stock market with the ticker DJT. Here's what to know.
www.cbsnews.com
Last edited:
I doubt most people don't really care how rich he is or gets. What they care about is him being held to account for crimes he's committed.
and... please try not to cry if and when his wealth drops...
Trump Media & Technology Group, fresh from a merger with a cash-rich shell company, started trading on the Nasdaq,
Trump’s Media Company Gets Lofty Valuation on First Trading Day
Trump Media & Technology Group, fresh from a merger with a cash-rich shell company, started trading on the Nasdaq, adding billions of dollars to the former president’s wealth.
By most traditional measures, Trump Media’s valuation is inordinately high. The company took in just $3.3 million in revenue during the first nine months of last year, all from advertising on Truth Social, and recorded a loss of $49 million.
That means Trump Media’s market value is more than 1,000 times its estimated annual revenue. Investors sometimes assign lofty valuations to small, money-losing companies in anticipation of rapid growth — or a belief that other investors will continue to bid up a company’s shares, for whatever reason — but typically not on this scale.
Other social media companies trade at far smaller price-to-sales ratios than Trump Media: Reddit is around 10, Meta is 7 and Snap is 6, according to FactSet. High-flying tech stocks like the chipmakers Nvidia and ARM trade at price-to-sales ratios of about 25.
Concerned American
Diamond Member
Leticia James will probably file suit contending it is only worth 18 million and attempt to seize it charging fraud.Trading on Trump's stock started and his net worth just jumped as much as $9 billion.
Thread summary:
"HA LEFTISTS! I SENT ALL MY MONEY TO TRUMP! AREN'T YOU TRIGGERED!"
There aren't any institutions buying Trump's stock. It's all coming from his moron cultists. He's pumping-and-dumping them, and so the Trump cultists are bragging about being pumped-and-dumped.
"HA LEFTISTS! I SENT ALL MY MONEY TO TRUMP! AREN'T YOU TRIGGERED!"
There aren't any institutions buying Trump's stock. It's all coming from his moron cultists. He's pumping-and-dumping them, and so the Trump cultists are bragging about being pumped-and-dumped.
Trading on Trump's stock started and his net worth just jumped as much as $9 billion.
The wailing of these demons is priceless. They/Them/Legion are in Hell.
And in a couple of weeks, those stock will be largely worthless as people realize that Truth Social LOSES money.
Zincwarrior
Platinum Member
- Nov 18, 2021
- 17,029
- 10,380
- 1,138
Trading on Trump's stock started and his net worth just jumped as much as $9 billion.
The wailing of these demons is priceless. They/Them/Legion are in Hell.
Yet he can't post a bond and needs money from the rubes ...
OhPleaseJustQuit
Diamond Member
- Jul 27, 2021
- 50,772
- 60,302
- 3,488
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Oh, the squealing is glorious!
.
Oh, the squealing is glorious!
.
progressive hunter
Diamond Member
- Dec 11, 2018
- 59,773
- 36,487
- 2,615
OhPleaseJustQuit
Diamond Member
- Jul 27, 2021
- 50,772
- 60,302
- 3,488
.
Get out the earplugs. Leftist whine and denial over this news is going to be incredibly loud!
.
What a waste of bandwidth
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