Dropping like a fucking rock

[Aviation Pro]

Say goodbye to that payout, Fuckface McMotherfucker.

[BoRaGard]

1. He can't sell now without VIOLATING the law

The G.O.P. felon announced a week or so ago that he "would not sell" now.

So if he does sell, at whatever price, he will have SUCKERED his investors and made them into LOSERS.

That's clearly against the law. And everyone is watching to see what the republicon felon-in-chief will do.

[republianmushroom]

21. Laws don't apply to the convicted felon, unless they are state laws, federal laws forget it.

43 months and counting (includes foot dragging)

[usedtobedemgurl]

35. He does not care about the law.

That is for suckers and losers. No one will arrest him if he sells. Now if he took rich folks for a ride, he may have to pay. But taking the common folks for a ride and then selling the stock? He can sleep soundly on this one.

[OLDMDDEM]

2. Anybody that invested in this stock should have their head examined.

[Think. Again.]

28. Except the shortsellers.

[OLDMDDEM]

30. Very true.

[ProfessorGAC]

34. Not Sure How Many There Were

Last edited Wed Sep 18, 2024, 01:02 PM - Edit history (1)

Several involved were not allowed to lend shares to short sellers, and there were punitive terms for borrowing the stock.
Short selling was set up to be pretty tough to do bargain hunting.
Even the short-sellers that did get in may take a beating too, with the fees eating up the profits or more.

[Think. Again.]

43. Thanks, I didn't realize they had guarded against that....

I guess they knew it was going to get overpriced due to trump's name and followers.

[ProfessorGAC]

46. Likely The Exact Reason!

I'm not sure who imposed those restrictions but, I was public information quite a while back.
Similar to the restrictions put on TFG about selling before a certain date. Then, he couldn't sell at peak & tank the stock for everyone else.

[live love laugh]

3. Everything he touches turns to lead.

[Martin68]

27. Lead sells for more than $2,000 per ounce. I think what Dump touches turns to shit.

[JT99]

38. Minor quibble...

The current value of lead is about $1.15 per pound, or about $2300 per ton. I think DJT value is closer to that of shit.

[Mysterian]

42. That's the price for a ton of lead

Just a hair off.

[PCIntern]

4. Hey Trumpsters lurking here!

Invest, buy low, sell high!!! Just a little hiccup here!

“Catch a falling knife” as we say….

[BlueWavePsych]

10. BWAHAHAHAHAHA

[Midnight Writer]

5. I think below 12 is the sweet spot.

My understanding is that Trump can't dump...er...sell his shares if the price drops below 12.

I hope he has to eat another financial loss from this grift.

[Mordred]

8. It is all free money to Trump

He invested 0$ in this venture, his "contribution" is being the only posting lure on the network and his name.

Unless the stock falls into pennies, he should get something in the $100M to $1B range.

[Codifer]

20. To resurrect an old phrase:

"There ought to be a law"..... Hatlo

[wnylib]

24. Aren't those figures dependent on IF he can sell the stock?

How many people would actually buy it?

They would get nothing in return for their stock shares. It would amount to a donation to Trump. Just another Trump scam. He gets to write off the losses AND collect money from the deluded ones who buy the stock.

[Midnight Writer]

45. Supposedly, he got the stock with the provision he cannot sell if the price is below $12.

Of course, in TrumpWorld there is always a loophole.

[wnylib]

47. Thanks. I didn't know about the $12 limit.

[Mordred]

49. No limit on $12 share price

The terms of the lockup allowed it to end on Sept. 19 if the price was above $12 (which it is). If it had fallen below $12, the lockup on Trump selling shares wouldn't end until Sept. 25.

[Midnight Writer]

50. Thanks for the info.

[demosincebirth]

23. Great business man, just like the three casinos he went

busted with.

[Jack Valentino]

44. Cents ??

Seems like that was cited as the "true worth" of the shares according to accepted stock metrics... about 12 cents each.


Oh, nevermind-- I was responding to the subject line before I read the post--
thinking "the sweet spot to buy would be about 12 cents", if it was any other stock or owner...

[louis-t]

6. I check it every day.

It has done several dead cat bounces in the last month.

[BlueWavePsych]

11. Weak hands (shorts) get shaken then come back with a vengeance. Looking forward to sub $12 soon.

[WarGamer]

7. We've said this 7000 times...

DJT goes as the campaign goes.

Trump wins and it's 100+ per share... Trump loses and it's de-listed worth pennies.

[ismnotwasm]

9. You are about my favorite poster right now

Giving that asshole the lack of respect he deserves

[Aviation Pro]

13. Thank you

That's humbling.

[BlueWavePsych]

12. Trump Seen Losing Election to Harris, According to New Survey. DJT Stock Falls.

A CNBC survey of 27 investment strategists, economists, and fund managers showed Vice President Harris is viewed as more likely to take the White House than Trump. According to the survey, 48% now see Harris winning the presidency in November, compared with 41% who think it’s more likely to be Trump.

The survey, released late Tuesday, was conducted from Sept. 12 to Sept. 14, after the first presidential debate between the rivals. It marks a change from a survey from late July, which showed 50% expecting Trump to win, compared with 37% predicting a Harris win.

DJT stock surged after the assassination attempt on the ex-president on July 13 but has fallen steadily since it became clear Harris would become the Democratic candidate after President Joe Biden dropped out of the presidential race.

Shares are down 76% since they hit a one-year high of $66 on March 27. The stock has lost 48% in the past three months.

https://www.barrons.com/articles/djt-stock-trump-harris-vote-2383750f

[moonshinegnomie]

14. As a professional trader let me give you my opinion of its value

Based on revenue, profits and the brand power of trump I figure its value is……..
0.00 a share and not a penny more

[louis-t]

16. Never showed a profit. Never even broke even.

Lost 10s of millions. Hmmm, where do I sign?

[Aviation Pro]

15. And because there's a worldwide security

-16%! Double fuck yourself, Motherfucker.

[MontanaMama]

36. I'm here for your nicknames for the Felon.

Honestly, I can't get enough.

[twodogsbarking]

17. Trump will blame NASDAQ. He set the stage already.

[Aviation Pro]

18. So? Let him blame whatever comes into his pea-like, one firing synapse brain

NASDAQ don't play games.

[TygrBright]

19. MAGAts, quick! Get your $ out of Trump Social Media and put it into Trump bitcoin! n/t

[Think. Again.]

31. .

[MLAA]

22. Anyone who bought it is dumb as a rock (unless they bought puts).

[ffr]

25. It coincidentally shot up 30% the day of the first unconfirmed assassination or whatever that was

Also coincidentally, TSF wasn't seen for a week prior to that charade. Was he working on the choreography to get it all down, including the fight, fight, fight, gestures afterwards?

Then, last Friday, before the second charade, the stock shot up abruptly 10% before closing. The next news we have about TSF is everyone in the media talking about a gunman while TSF was golfing again. Only, this time, the stock didn't shoot up as he probably expecting it to. It sank instead. ** beating a dead horse **

[Mr.WeRP]

26. I bought many put contracts on this stock

The lower it goes, the more money I make. The volatility that will ensue when Trump starts liquidating at the end of the week will also increase my gains. Current gain (on paper is 36%).

[Ligyron]

29. Congratulations!

Anything that profits off Trump’s demise is not only worth its weight in gold (sorta) but is a service to the nation as well.

[FakeNoose]

32. I think Chump has sold his shares privately already

He's made some undercover deal with Russian buddies, or whatever. Nobody will ever know, of course. The MAGAs will be left holding the worthless stocks.

Let this be the last money the MAGAs ever give him. Let them be so angry that they refuse to vote for him

[Mr.WeRP]

33. Most likely in a contract that will execute on Sep 20th

He used weasel words to say he wasn’t selling…
But if he sold a ITM special covered call contract at $12/share expiring this Friday to say, a Saudi prince, then he would be technically not lying. The shares would be assigned to the contract buyer and Trump would receive $1.5b.

[Dread Pirate Roberts]

37. This was all a scam from the beginning

Just a way of funneling money to Trump at the expense of anyone dumb enough to invest in this idiotic endeavor. Let me see…the guy bankrupted two casinos , an airline, a steak company, a wine company, a vodka company, ran a sham “university “, misused inaugural funds, but Truth Social…oh this one will work for sure. The seed money for this latest fiasco was just a bunch of rich donors bypassing the already lax campaign finance laws to enrich their benefactor.

[dalton99a]

39. Every member of the cult should buy this stock

[Mr.WeRP]

48. Many have lost their life savings in it.

[Initech]

40. Maybe his bestie Elon can bail him out.

Oh wait, Elon has lost so much money on Twitter that he may have to default on his other businesses. Never mind.

[Sky Jewels]

41. "SAD."

Wait, I mean “HILARIOUS.”

[Pinback]

51. Was at 66 on Mar. 27th.

Time for this fake business to go the way of Trump University, Trump Steaks, and Trump Vodka.

[pat_k]

52. I'd love to own his shares, even at 10 cents each it's 11.45 million.

Of course, since he undoubtedly leveraged and borrowed against the stock when it was stronger when it drops to $5 bucks he'll be a couple billion in the hole.

Just add it to the list of failures that somehow leave him with plenty of borrowed money to in his pockets.

[cliffside]

53. So many things should be questioned, would be a full time job though ...

you have to love the name, Digital World Acquisition Company.

https://www.tradingview.com/x/O5rX8tfV/

Miami Herald Jan 2024
https://archive.ph/repex

Russian investor made millions off insider trading tied to Trump Media, court docs say

"...Postolnikov wound up making numerous investments in Digital World in September and October before the merger was announced. In the week following the announcement, he sold “substantially all” of his holdings for a profit of roughly $22.8 million, according to Troiano’s affidavit.

...The alleged insider trades aren’t the only financial connection between Postolnikov and the Trump company.
Dominica-based Paxum Bank, which public records show is controlled by Postolnikov, was reportedly the conduit of $8 million in loans to Trump Media, according to the Washington Post. The money came from a mysterious entity called the ES Family Trust, which listed a Paxum Bank employee named Angel Pacheco as the trustee, according to the Post.

Trump Media has filed suit against the Washington Post for defamation. The company acknowledged last year to the SEC that it owes at least $2 million to the ES Family Trust..."

[Trueblue Texan]

54. Oh MY!!!! It IS a great day!!! nt

[Persondem]

55. And now it's broken through $15 per share. $14.93 as I type this. nt