Truth Social - Going Broke?

[dkovic77]

https://www.msn.com/en-us/money/top...&cvid=48ee75116f6c44279b2df19ee3550e57&ei=110

What?!?!?!? Real news source says what??

Go on….

@BabyBoomer50s You see this one?

@Rightguide look a legit source, this is what they look like…I know you can’t tell the difference.

 

[domroger]

https://www.msn.com/en-us/money/top...&cvid=48ee75116f6c44279b2df19ee3550e57&ei=110

Still overpriced by $26.74.

 

[Fuzzy1975]

Apparently in your world it's perfectly acceptable to gloat over other people losing money because of political animas.

BTW, Truth Social is still above it's initial IPO share price. I also believe that eventually the SEC will determine that it's been unlawfully manipulated and will punish the trading houses involved.

You live in a fucking world of fantasy....

https://www.cnbc.com/2024/06/20/djt-trump-media-stock-price-today.html

The IPO offer was $36 (and change) a share. It's now trading around $27 a share. Yes it's true that before the IPO, the valuation of shares was around $17 dollars (before the merger). But since share prices are now below the IPO, he only people making money on paper are the founding investors. Everyone who bought shares after the IPO has lost money.

As to your claims on manipulation....the company made 11 million in revenue and had 58 million in expenses. The only manipulation was by the idiot investors.....thinking those are good business fundamentals....

 

[JoePepsiCo]

Is Trump broke yet?

 

[Fuzzy1975]

Lol, someone doesn't know anything about the stock market. And then didn't bother to go look up the historical data before trying to convince everyone that he's an investment strategist.

For instance, Trump media was actively trading before the merger and had been actively trading for quite awhile. So anyone could have purchased shares at $36.94 on 3/22/2024. And they then could have sold those shares on 3/29/2024 for a hefty profit.

If there were enough people doing that and taking their profit it would have driven the market price down. Which is EXACTLY what happened.

Amazingly you don't understand any of that.

So whats the share price now, Mr Carbon Water/Investing Guru?

 

[AlexBailey]

Lol, someone doesn't know anything about the stock market. And then didn't bother to go look up the historical data before trying to convince everyone that he's an investment strategist.

For instance, Trump media was actively trading before the merger and had been actively trading for quite awhile. So anyone could have purchased shares at $36.94 on 3/22/2024. And they then could have sold those shares on 3/29/2024 for a hefty profit.

If there were enough people doing that and taking their profit it would have driven the market price down. Which is EXACTLY what happened.

Amazingly you don't understand any of that.

What do you predict will happen once Trump can sell his stock holdings in Truth Social?

https://www.axios.com/2024/08/29/donald-trump-truth-social-stock

Do you think he’ll hold onto it for the interest of investors or do you think he might cash in bigly, taking profits while he can, thereby tanking the value for other stock holders?

The mere possibility of Trump liquidating his holdings is having an impact on confidence in the stock, demonstrating how little faith investors have in the one asset of the company- Trump himself.

 

[Fuzzy1975]

Arpy ran from this thread back in April....his last post on the matter is below.....I doubt he'll return to answer since we all know who the idjit is....

What do you predict will happen once Trump can sell his stock holdings in Truth Social?

https://www.axios.com/2024/08/29/donald-trump-truth-social-stock

Do you think he’ll hold onto it for the interest of investors or do you think he might cash in bigly, taking profits while he can, thereby tanking the value for other stock holders?

The mere possibility of Trump liquidating his holdings is having an impact on confidence in the stock, demonstrating how little faith investors have in the one asset of the company- Trump himself.

Basically what you're saying here is that you didn't know something but boasted about it anyway as if you're an expert on the subject.

THIS is why I call you an idjit.

 

[HisArpy]

Thread is from 2022...

Is it broke yet?

 

[SmokingFap]

What do you predict will happen once Trump can sell his stock holdings in Truth Social?

https://www.axios.com/2024/08/29/donald-trump-truth-social-stock

Do you think he’ll hold onto it for the interest of investors or do you think he might cash in bigly, taking profits while he can, thereby tanking the value for other stock holders?

The mere possibility of Trump liquidating his holdings is having an impact on confidence in the stock, demonstrating how little faith investors have in the one asset of the company- Trump himself.

I bet that Trump will liquidate as soon as possible to help cover his continuing and increasing legal expenses (that fraud judgment accrues $112,000 in interest every single day). He literally doesn't give a single fuck about any of his investors or political supporters. He only cares about what they can do for him. Well, investors in DJT have already done their part, so they're expendable. Trump will start liquidating at least part of his stake on or about September 20th, the expected end of the lockout period. I predict the stock will crash to under $10 a share within days of his initial sale, resulting in crushing losses for anybody other than Ol' Babydoll Hands (remember, Trump got his stock for free) and his co-founders. Hate to see Trump make ANY money from that company, but I always enjoy seeing his worshippers lose their asses on his obvious grifts.

 

[deckardB26354]

Short the fuck out of this pig…

 

[butters]

Short the fuck out of this pig…

View attachment 2384170

i could be wrong, but i seem to remember reading someplace about things set in place to prevent that very thing, sanctions or something... people can't 'short' it till trump's able to sell his own shares in several months' time.

 

[Fuzzy1975]

Thread is from 2022...

Is it broke yet?

Your first post in this thread was April 6th 2024, your second to last post was June 21 2024. Thread might be old, but your comments in it are not. So is TS still a good investment choice?

Here's a hint, the IPO was $36 and change, it's now trading around the $20 range, the real investment people have been saying the real value of the stock is around $4.00. Care to comment on how wrong you have been?

 

[AlexBailey]

Barron is performing like a Trump too.

Let’s see how his crypto compares to DJT stock an a month from now.

 

[doowdniw]

Top DJT execs, including Nunes as well as the CFO, the GC, the COO, and the CTO are shedding stock before Donnie's lockout expires. Fortune reports they sold at a loss.

 

[jomar]

I bet that Trump will liquidate as soon as possible to help cover his continuing and increasing legal expenses (that fraud judgment accrues $112,000 in interest every single day). He literally doesn't give a single fuck about any of his investors or political supporters. He only cares about what they can do for him. Well, investors in DJT have already done their part, so they're expendable. Trump will start liquidating at least part of his stake on or about September 20th, the expected end of the lockout period. I predict the stock will crash to under $10 a share within days of his initial sale, resulting in crushing losses for anybody other than Ol' Babydoll Hands (remember, Trump got his stock for free) and his co-founders. Hate to see Trump make ANY money from that company, but I always enjoy seeing his worshippers lose their asses on his obvious grifts.

Seems like I read somewhere that excecs are already dumping stock and trump can begin divesting around 9/20 or so. The article also opined that trump mostly posting on X was a sign that truth social has pretty much gone over the waterfall.

 

[SmokingFap]

Trading cards, sneakers, and bibles, oh my! Why does a supposed billionaire need to sell this crap?

 

[SmokingFap]

This was the most recent article I could find about short sales of DJT.

https://www.usatoday.com/story/mone...nvestigation-naked-short-selling/73991753007/

I'm sure all of his cult members will call USA Today "fake news", but it seems like just the facts to me.

 

[Lazaran]

Trading cards, sneakers, and bibles, oh my! Why does a supposed billionaire need to sell this crap?

Great take.

 

[Fuzzy1975]

Seems like I read somewhere that excecs are already dumping stock and trump can begin divesting around 9/20 or so. The article also opined that trump mostly posting on X was a sign that truth social has pretty much gone over the waterfall.

Ah that maybe true,but the cultists gota cult. Just ask Justin Peedin....

https://www.npr.org/2024/06/02/nx-s...ares-shareholders-conviction-hush-money-trial

 

[jomar]

Ah that maybe true,but the cultists gota cult. Just ask Justin Peedin....

https://www.npr.org/2024/06/02/nx-s...ares-shareholders-conviction-hush-money-trial

Color him surprised when trump starts dumping stock bigly later this month.

 

[Fuzzy1975]

Color him surprised when trump starts dumping stock bigly later this month.

Yep, Trump's stock was free, so any money he sells at is "profit" for the chief grifter...Trump takes PT Barnum words to heart.

 

[Fuzzy1975]

@HisArpy

Arpy ran from this thread back in April....his last post on the matter is below.....I doubt he'll return to answer since we all know who the idjit is....

Thread is from 2022...

Is it broke yet?

Your first post in this thread was April 6th 2024, your second to last post was June 21 2024. Thread might be old, but your comments in it are not. So is TS still a good investment choice?

Here's a hint, the IPO was $36 and change, it's now trading around the $20 range, the real investment people have been saying the real value of the stock is around $4.00. Care to comment on how wrong you have been?

Well chickenshit, are you ever going to answer to the portion in bold? If not,you should change your avatar to an Ostrich.

 

[jomar]

@HisArpy






Well chickenshit, are you ever going to answer to the portion in bold? If not,you should change your avatar to an Ostrich.

He’s ghosted me numerous times when confronted with facts and receipts. It’s his post bluster MO.

 

[Pad_Foot]

Top DJT execs, including Nunes as well as the CFO, the GC, the COO, and the CTO are shedding stock before Donnie's lockout expires. Fortune reports they sold at a loss.

They got it for nothing didn’t they? Or, did ‘rump make them pay??

 

[HisArpy]

Is it broke yet?