Truth Social - Going Broke?

[doowdniw]

Listen up deadwood, I'm not the one who decided to make this a pissing contest. That was you.,

And then it took you (take your pick) 2 days, or 1 day, or 16 hours, or 4 internet Alt lifetimes, to make a lame assed comeback that a 4th grader would roll groan and their eyes over.

Basically, you blew it.

So, suck it up and deal because the problem here is you and your lack of perception.

Bless your heart.

 

[HisArpy]

Bless your heart.

There's a reason why you're deadwood.

 

[butters]

After the lockup period on Donald Trump’s shares came to an end Friday, shares of Trump Media — the company that owns the former president’s social media site, Truth Social — have slid to new lows. Shares fell 7%, trading at $12.56 each Monday morning.

That tipped the company’s market capitalization to $2.5 billion, a nearly 80% plunge from its high-flying days in the aftermath of its Nasdaq debut on March 26.

share values seem to be tied to his political popularity/chances of winning the election, which is why they dropped so dramatically after the Harris/trump debate

As the presidential election nears, the stock could continue to face challenges. John Rekenthaler, vice president of research at Morningstar (MORN), previously told Quartz that he would “expect the stock to go to zero or something close to it, if [Trump] were to lose the election.”

https://www.msn.com/en-us/money/sav...&cvid=2a4eea086d8c4b05af7ab19aac35163e&ei=157

tots and peas

 

[beckiefalwell]

And down another 6.75% as we speak. That's 75% in the last six months. That's MAGA economy expertise.

I should mention down on heavy volume. Serious selling.

 

[Pad_Foot]

Under $13 now
Close under $10 this week ?
Hang in their Trumplikkkans!! It will rise again !

 

[beckiefalwell]

I'd love to have his investors' list. I mean aside from the Russian money. The crap you could sell to these people!

 

[deckardB26354]

Yet ANOTHER new 52-week low!

It’s just non-stop winning here, folks!

We’re just two and a half little bucks away from the all time low of when it opened at around $10!! The shorts have to be LOVING this.





The look on Trump’s face when he tries to dump everything for .05.

 

[butters]

close of day: $12.15

 

[doowdniw]

There's a reason why you're deadwood.

There's a reason you're derpy.

 

[deckardB26354]

I was strolling through some of the regulatory filings for good old DJT stock and in the MILES long document that basically says that Truth Social sucks really bad and it could fail at any moment…this ditty popped out at me…

TMTG is highly dependent on the popularity and presence of President Donald J. Trump, its largest stockholder. President Donald J. Trump has a significant influence on TMTG’s business plan. TMTG believes President Donald J. Trump’s reputation and relationships are a critical element to the success of TMTG’s business. TMTG’s future success will depend, to a significant extent, upon the continued presence and popularity of President Donald J. Trump. If President Donald J. Trump were to discontinue his relationship with TMTG due to death, disability, criminal conviction, incarceration, or any other reason, or limit his involvement with TMTG due to his ongoing candidacy for political office, TMTG would be significantly disadvantaged.

The love for the Orange Fuhrer in that filing continues on…

A number of companies that were associated with President Donald J. Trump have filed for bankruptcy. There can be no assurances that TMTG will not also become bankrupt.
Entities associated with President Donald J. Trump have filed for bankruptcy protection in the past. The Trump Taj Mahal, which was built and owned by President Donald J. Trump, filed for Chapter 11 bankruptcy in 1991. The Trump Plaza, the Trump Castle, and the Plaza Hotel, all owned by President Donald J. Trump at the time, filed for Chapter 11 bankruptcy in 1992. THCR, which was founded by President Donald J. Trump in 1995, filed for Chapter 11 bankruptcy in 2004. Trump Entertainment Resorts, Inc., the new name given to Trump Hotels & Casino Resorts after its 2004 bankruptcy, declared bankruptcy in 2009. While all of the foregoing were in different businesses than TMTG, there can be no guarantee that TMTG’s performance will exceed the performance of those entities.

A number of companies that had license agreements with President Donald J. Trump have failed. There can be no assurances that TMTG will not also fail.
Trump Shuttle, Inc., launched by President Donald J. Trump in 1989, defaulted on its loans in 1990 and ceased to exist by 1992. Trump University, founded by President Donald J. Trump in 2005, ceased operations in 2011 amid lawsuits and investigations regarding that company’s business practices. Trump Vodka, a brand of vodka produced by Drinks Americas under license from The Trump Organization, was introduced in 2005 and discontinued in 2011. Trump Mortgage, LLC, a financial services company founded by President Donald J. Trump in 2006, ceased operations in 2007. GoTrump.com, a travel site founded by President Donald J. Trump in 2006, ceased operations in 2007. Trump Steaks, a brand of steak and other meats founded by President Donald J. Trump in 2007, discontinued sales two months after its launch. While all these businesses were in different industries than TMTG, there can be no guarantee that TMTG’s performance will exceed the performance of these entities.

 

[adrina]

https://www.tiktok.com/@kamalahq/photo/7417962442866707754?is_from_webapp=1&sender_device=pc

 

[deckardB26354]

BWAHAHAHAHAHAHA!!

The market prices of TMTG’s Common Stock and Public Warrants have been and may continue to be extremely volatile, which could cause purchasers of TMTG’s securities to incur substantial losses.
The market prices and trading volume of TMTG's Common Stock have recently experienced, and may continue to experience, extreme volatility, which could cause purchasers of TMTG's Common Stock and Public Warrants to incur substantial losses. Since the closing of the Business Combination through August 15, 2024, TMTG's Common Stock has traded as low as $22.84 and as high as $66.22.

 

[HisArpy]

There's a reason you're derpy.

That egg on your face makes you look silly.

 

[doowdniw]

Your stupidity makes you look like an idiot.

 

[HisArpy]

Your stupidity makes you look like an idiot.

Not my fault you turned out the way you did, dead wood.

 

[doowdniw]

You wound me. Have you learned to tell time yet?

 

[HisArpy]

You wound me. Have you learned to tell time yet?

Time is of little relevance to Mr. MorningStar. Accordingly there are no clocks here at my desk.

Enjoy what's left of your mortality.

 

[butters]

$11.89 10 am, closed at $12.79

 

[deckardB26354]

Ruh roh. Looks like Orange Fuhrer just added some new names to his death list when he takes back his throne (in his mind).

Trump's Investors Know That It's Long Past Closing Time.

United Atlantic Ventures, a major shareholder in Trump Media, has sold nearly 11 million shares in the company, according to a regulatory filing by UAV on Thursday, weeks after a federal judge cleared the way for the sale.

The move left UAV — an investment partnership of former “Apprentice” contestants Andrew Litinsky and Wes Moss — owning just 100 shares in Trump Media, which operates the Truth Social app.

UAV was only allowed to sell any of its 5.4% stake in DJT’s outstanding shares after a lock-up agreement that barred company insiders from selling expired on Sept. 19.

Another banner day for the minions of Orange Fuhrer that were dumb enough to invest.

 

[adrina]

Trump Media shares fall nearly 10% after DJT plunge triggers trading halt​

https://www.cnbc.com/2024/10/15/trump-media-shares-halted-after-sudden-djt-stock-plunge.html

 

[Lance_Castro]

Maybe trump had a mini stroke and the inner circle are grabbing their go bags.

(Everyone has a dream)

 

[deckardB26354]

Trump Media shares fall nearly 10% after DJT plunge triggers trading halt​

https://www.cnbc.com/2024/10/15/trump-media-shares-halted-after-sudden-djt-stock-plunge.html

Why halt trading now when the stock was in the shitter until a few days ago?

 

[MajorRewrite]

Bump

 

[butters]

Bump

thankyou!

 

[butters]

The pause occurred at 2:42 p.m. Eastern Time, with trading resuming about five minutes later, according to the New York Stock Exchange. Trading was temporarily suspended after a mechanism was triggered when stocks exhibit unusual volatility.

DJT shares had climbed earlier on Tuesday, reaching an intraday high of $33.85 a share, representing a 13% gain. But the stock plummeted in the afternoon, triggering the halt. Trump Media's stock price continued to sink after the pause was lifted closed at $27.06, down $2.89, or 9.6%, on the day.

The shares traded higher on Wednesday morning, gaining 84 cents, or 3.1%, to $27.90.

Tuesday's downdraft erased some of the recent gains that had helped lift Trump Media from a September 24 low. The shares have been seen as a proxy for Trump's chances of winning the November 5 presidential election, with DJT swinging upwards when his odds appear to improve.

https://www.msn.com/en-us/money/mar...p&cvid=a2c4e0121a744cdd90e8ac0c4eb9c84d&ei=42