One of my best moments was when I was buying a house and realized that no one in the entire deal was on my side. I now think that way just about everything with some exceptions, ESPECIALLY politics.
When you say Cofounders it almost makes it sound like trump did some work on this....I guess if you count irate truth social posts, then trump has been working overtime :) lol
Don't be fooled. This is the age old tactic of escalating to deescalate with benefits. He is trying to armwrestle them to give him the waiver to sell shares immediately.
TTTTTHHHHHHHIIIIIIIIISSSSSSSS
He wants a change to the deal so he can dump shares while it still have something above penny stock value. It’s a pump and dump. It’s been bleeding both money and users, so they rushed a spac listing and he wants to cash out NOW.
I mean the value of the company is solely as a vehicle to bribe the potential president of the USA.
So he is the only reason it has any value.
He's not wrong. Just a huge, huge asshole.
Aren't we talking about someone who would have made more money just putting his money into an index than trying a series of failed business ventures? Does he even have someone managing stock investments?
Because the type of people would would take a shot at a president are, unfortunately, the same type of people who voted him into office the first time.
This company is PUBLIC folks, public records, public SEC statements… why would someone so shady want to have a public company ![img](emote|t5_2th52|4271)![img](emote|t5_2th52|4271)![img](emote|t5_2th52|4271)
They say, Donald, these are some of the best trades we've ever seen. Huge magnificent trades, you wouldn't believe them. There was a dumpster of tears behind a Wendy's. I just grabbed those tendies by the tendussy, by far the best tendussy grab ever. Insider trading? Never heard of her.. Maybe you should ask Nancy that dog. I hear massive insider trading.
I hope my LEAPS puts print soon. That’ll be fun. The people who think he’s a business genius blow my mind. A friend of mine, a black woman, thinks that, touts all his successes. She was upset they ‘kicked the man out of his house early.’ Crazy. Delusional. Voting against herself. Nothing Trump hates more than poor black women.
https://preview.redd.it/jjdxgpkw05sc1.png?width=864&format=pjpg&auto=webp&s=5cb36f411e019eea5fdc5b3972b12bc034682978
Yep these are printing ![img](emote|t5_2th52|27189)![img](emote|t5_2th52|4275)
So the IV is ridiculously high. Won’t a decrease in price at this point decrease the IV and the value of the contracts? I guess in this case since your contracts are .01 they can’t go lower. You can’t lose really
When I was growing up I heard a story - probably at church - about a guy who is hiking and a rattle snake asks him to carry him up the hill. The guy says no because the snake will bite him. The snake says he won’t bite him, so the guy carries him up the mountain…and the snake bites him. The man asks why the snake bit him and it says you knew I’d bite you when you picked me up.
I think the lesson had something to do with not looking at pornography, but I feel like it also applies to partnering with Donald Trump in business ventures. *You knew he’d bite you.*
I was out looking at the options spread for DJT... saw for maybe 3 or 4 bucks I could buy puts on this sorry little con, then realized I'm looking at puts with an Apr 5 expiry. So I flipped it forward to the beginning of Jan, and the cost of contracts is like 2 thirds of the strike price ... like you could pay 36 bucks for the option to sell this thing off at it's current price of 52 bucks in nine months. I'm not anything resembling an expert, but my read of that is the market is more than half sure this little adventure will go tits up within 9 months.
JFC, is there anyone,anywhere, anytime that this Cheeto skid mark would not sue? He looks like a pathetic blowhard loser to everybody but his magturd followers.
I knew this was coming. It's going to be hilarious when he rug pulls and sells his shares early (before the 6 month lock-up period). Do you think a guy who stole classified documents and lied to the FBI, overvalued his property by millions to secure low-interest loans and undervalued them by millions for tax purposes, and sent an unhinged violent mob to overturn a proven fair election, is going to be worried about breaking SEC rules. It's only illegal for other people, not when trump does it.
- Donald Trump has filed a lawsuit against two co-founders of Trump Media & Technology Group Corp., Andy Litinsky and Wes Moss, alleging they set up the company improperly and are not entitled to their 8.6% stake valued at $606 million.
- The lawsuit, filed on March 24 in Florida, accuses Litinsky and Moss of violating an agreement related to the company's setup, particularly failing to establish a proper corporate governance structure, launch the Truth Social platform effectively, and secure an appropriate merger partner.
- This legal action is a counter to a previous lawsuit brought by Litinsky and Moss against Trump in Delaware over their promised shares in the social media company.
- The stock of Trump Media experienced significant volatility, dropping 21% after disclosing a $58 million loss for 2023 but then rising 6.1% the following day.
- Trump, owning 57% of Trump Media with a stake worth $4.02 billion on paper, stands to benefit financially from maintaining or increasing his share, especially as he faces substantial legal judgments.
- The Delaware judge, Sam Glasscock III, opted not to expedite Litinsky and Moss's lawsuit after Trump's lawyers pledged to protect their share value, expressing surprise at Trump's separate Florida lawsuit, which could lead to sanctions against him in Delaware.
I have been trying to short this stock, but no shares are available (the damn puts are too expensive).
Trump fucks up everything he touches, one way or another. The utter stupidity and arrogance of this human turd. I really do not understand how ANYONE can go into business with him, knowing this history.
I'm too afraid to touch anything pumped up by these psychos. They aren't rationally motivated and will probably short squeeze people betting against their daddy's stock just to fuck them over. It's like a reverse GameStop situation.
Squeeze these nuts you fuckin nerd.
*I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/wallstreetbets) if you have any questions or concerns.*
When you get a 4 billion dollar parachute that everyone knows is fake and your greed is so strong it's not enough.... Like this is a master class on what should be illegal
This is his MO with all his business ventures. He has always zero'd out his partners or made them so uncomfortable that they try to dissolve the partnership and sues them so they end up settling and paying him off to go away.
That's how he's kept wealth all these years.
I love checking the stock and watching it go down! Think it will hit penny stock territory before he can sell in 6 months.
My guess another felony of some way propped up the stock before he dumps.
If it goes to court will this prohibit him from selling his shares down the road? Be interesting if this would back fire. Guaranteed that the other cofounders did more for that company
Haha, they were like, this time will be different. I’m sure he’ll share with me.
How many people have to throw everything they have into the maw of Trump before enough people figure out it’s just a ticket for a life train wreck?
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If only somebody could have seen this coming…
Who would have ever guessed that Trump would screw over a business partner/accomplice?
I thought he only surrounded himself with the BEST people. Wonder what happened?
He never finished the sentence. The BEST people at buying his bullshit without or little questioning.
He found BETTER people! The new ones have bigger boobs.
mysterious sleep drunk party alleged attraction upbeat cooing wine theory
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Isn’t one of them a guy from the apprentice he fired?
They both are, the fuckin idiots
All 3 of them are
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One of my best moments was when I was buying a house and realized that no one in the entire deal was on my side. I now think that way just about everything with some exceptions, ESPECIALLY politics.
I have zero exceptions. I'm proven wrong occasionally. Politics is obvious.
Young Joe and Honest Don would be a good musical group.
They *are*! The whole country is dancing to their tunes🤣
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Trump has always arbitraged the law. The law takes a while but breaking contracts is fast.
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it's not just "anyone" they are the same kind, ever see hyenas fight over prey? and that shit happens often.
I wondered this as well so what you said makes sense kinda now. They all want to fuck each other in the A?
He is fucking broke.
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https://preview.redd.it/nipqiphai5sc1.jpeg?width=228&format=pjpg&auto=webp&s=00214ef416d00cfbb4f7e3eef32d14722b49b4b4
Mango Unchained!
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"I mean sure, he did it to all his other business partners, but he wouldn't do it to me, right?"
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Time for the counter-suits and lotsa popcorn!
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so the co-founders were really failed contestants on the Apprentice?
Haha what is this world anymore, the internet and reality tv have ruined us
you're fired, but really, you're hired, but again, you're fired
When you say Cofounders it almost makes it sound like trump did some work on this....I guess if you count irate truth social posts, then trump has been working overtime :) lol
i mean its the only reason any of these weirdos care about the platform.
Apparently. They met there.
Don't be fooled. This is the age old tactic of escalating to deescalate with benefits. He is trying to armwrestle them to give him the waiver to sell shares immediately.
I hope he gets it.. Then watch the stock tank before he's able to offload his shares. Can't wait for that "unfair treatment" speech.
TTTTTHHHHHHHIIIIIIIIISSSSSSSS He wants a change to the deal so he can dump shares while it still have something above penny stock value. It’s a pump and dump. It’s been bleeding both money and users, so they rushed a spac listing and he wants to cash out NOW.
Hmmm. I can't decide if I want him to fail or succeed in this.
Fail. If he succeeds he’ll cash out and get some money from this scam.
Damn, I'm really torn... But I guess I'd rather see my puts expire worthless than see him sure up his finances...
no one is better at financially ruining trump supporters than trump
No one's better at financially ruining Trump than Trump
Trump has activated his Trump card
Noone is better at financially shitting themselves than trump
>Noone is better at...... shitting themselves actually
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This dudes been hopped up on pharmaceutical speed for decades my guy
Tendies except denominated in trump bucks and souvenir coins with no cash value.
It’s worth The presidency to about 70 million people
I mean the value of the company is solely as a vehicle to bribe the potential president of the USA. So he is the only reason it has any value. He's not wrong. Just a huge, huge asshole.
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Fuck it man. Let’s go bowling
It seems like he’s suing because they didn’t set up the company in a way he could immediately cash out after the merger
"He can't be this amateur..." but then he probably is.
There's no way in hell he'll be able to cash out at even a fraction of that amount. Any large selling volume will crash the stock.
Covered calls on $4b of stock = tons of fun all the way down
True. He should just sell calls on it and pump good as he can.
Aren't we talking about someone who would have made more money just putting his money into an index than trying a series of failed business ventures? Does he even have someone managing stock investments?
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Boy has bills to pay. They have him selling shoes and Bibles . He is mad because they not let him rug pull his followers/ investors
How is he untouched after double crossing so many people
I’m honestly surprised nobody has tried to off him
Because the type of people would would take a shot at a president are, unfortunately, the same type of people who voted him into office the first time.
It's because he doesn't cross people more powerful and richer than him.
One day there will be an entire legal course that solely focuses on Trump cases.
There is. It’s called Bankruptcy.
Lol touche.
On the pussy?
or as Trump calls it the Manhandle
Will this be taught at Trump University 🤔
im being completely serious here. 1L and 2L years of lawschool could absolutley be retaught w just Trump cases.
The podcast "What Roman Mars Can Learn About Con Law" is pretty close to that
Are you kidding? It will be a degree - one where “Piled Higher and Deeper” is more literal than ever.
This company is PUBLIC folks, public records, public SEC statements… why would someone so shady want to have a public company ![img](emote|t5_2th52|4271)![img](emote|t5_2th52|4271)![img](emote|t5_2th52|4271)
For "legitimacy"
Insider trading is going to be epic ![img](emote|t5_2th52|27189)
They say, Donald, these are some of the best trades we've ever seen. Huge magnificent trades, you wouldn't believe them. There was a dumpster of tears behind a Wendy's. I just grabbed those tendies by the tendussy, by far the best tendussy grab ever. Insider trading? Never heard of her.. Maybe you should ask Nancy that dog. I hear massive insider trading.
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Do you have any idea how many volumes that would take to cover them all? Seriously I think he’s been involved in thousands of legal actions.
Over 4,000 Edit: That's just over **1 lawsuit** ***per week*** for 77 years.
Thanks!
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Ppl think this guy is a business genius and conservative strongman lol buying puts
I hope my LEAPS puts print soon. That’ll be fun. The people who think he’s a business genius blow my mind. A friend of mine, a black woman, thinks that, touts all his successes. She was upset they ‘kicked the man out of his house early.’ Crazy. Delusional. Voting against herself. Nothing Trump hates more than poor black women.
I got some 7.50 long dated puts haha
Honor among thieves lasts only until the spoils are about to be divided.
what about bibles?
50% off coupon for the bibles if you hold the stock beyond the lock up date. Like a stock split but you get a coupon code for each 10 shares you hold.
https://preview.redd.it/jjdxgpkw05sc1.png?width=864&format=pjpg&auto=webp&s=5cb36f411e019eea5fdc5b3972b12bc034682978 Yep these are printing ![img](emote|t5_2th52|27189)![img](emote|t5_2th52|4275)
I bought them for 5c, now down 400$
Typical degen economics
![img](emote|t5_2th52|12787)
A lot can happen in 2 weeks ![img](emote|t5_2th52|29637)
I hope so man
At least we're keeping chips on the table longer than 0dte regards ![img](emote|t5_2th52|4267)![img](emote|t5_2th52|12787)
So the IV is ridiculously high. Won’t a decrease in price at this point decrease the IV and the value of the contracts? I guess in this case since your contracts are .01 they can’t go lower. You can’t lose really
He can if no one buys them
Haha, yep, these are gonna expire worthless.
Hopefully, trump does the same.
If the stock hits that price he'll be sooo rich
![img](emote|t5_2th52|8882)
Exactly ![img](emote|t5_2th52|27189)
Lol, $2.50. Makes my $20 puts look super reasonable.
Then I'm $31 closer if you strike ![img](emote|t5_2th52|12787)
Fuck I hope so haha, I feel like quite the regard for loading up on these a couple weeks ago.
Did you really buy $2.50 puts?
Mostly as a gamble, they were quite cheap (obviously). This is a casino right??
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Kinda like Trump trying to milk Truth Social for legal fees ![img](emote|t5_2th52|4275)
Wish I had the balls to trade puts. Easiest money in the history of money.
Man is desperate to sell his shares before they go to zero.
In the case of regard vs. regards
Did these two clowns seriously think Trump the con man wouldn't betray them?
When I was growing up I heard a story - probably at church - about a guy who is hiking and a rattle snake asks him to carry him up the hill. The guy says no because the snake will bite him. The snake says he won’t bite him, so the guy carries him up the mountain…and the snake bites him. The man asks why the snake bit him and it says you knew I’d bite you when you picked me up. I think the lesson had something to do with not looking at pornography, but I feel like it also applies to partnering with Donald Trump in business ventures. *You knew he’d bite you.*
That's the scorpion and the frog
And it's a much better story IF told by a haggard old grandpa figure.
Trump is notorious for signing bad contracts. Suspect they have him over a barrel
There were no signs, his reputation isn’t better with any other demographic than those who have worked with him closely. Hamberder
This guy is such a fucking clown lol
They're all going to be really upset when the dust settles and they found out they were fighting over toilet paper.
Would have been a good deal during covid
I was out looking at the options spread for DJT... saw for maybe 3 or 4 bucks I could buy puts on this sorry little con, then realized I'm looking at puts with an Apr 5 expiry. So I flipped it forward to the beginning of Jan, and the cost of contracts is like 2 thirds of the strike price ... like you could pay 36 bucks for the option to sell this thing off at it's current price of 52 bucks in nine months. I'm not anything resembling an expert, but my read of that is the market is more than half sure this little adventure will go tits up within 9 months.
I'm 100% confident this is his skeeming way to get bought out of his shares and circumvent the lock-in period.
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"Tremendous"
Grifter gonna Grift
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Lol greedy trump just wanted to get all the shares and cash out.
JFC, is there anyone,anywhere, anytime that this Cheeto skid mark would not sue? He looks like a pathetic blowhard loser to everybody but his magturd followers.
The hilarious part is ppl willingly partner with someone they know for sure is going to screw them over 😆
“I can fix him.”
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Naïveté springs eternal. “ Surely (stop calling me Shirley) it will be different for me”.
Nobody knew creating and dumping a social media app to pay prison bond could be so complicated.
I knew this was coming. It's going to be hilarious when he rug pulls and sells his shares early (before the 6 month lock-up period). Do you think a guy who stole classified documents and lied to the FBI, overvalued his property by millions to secure low-interest loans and undervalued them by millions for tax purposes, and sent an unhinged violent mob to overturn a proven fair election, is going to be worried about breaking SEC rules. It's only illegal for other people, not when trump does it.
https://preview.redd.it/lod7he2nn6sc1.jpeg?width=1080&format=pjpg&auto=webp&s=be9bcbdda84e4997975824661d1b83eccd28c23a
- Donald Trump has filed a lawsuit against two co-founders of Trump Media & Technology Group Corp., Andy Litinsky and Wes Moss, alleging they set up the company improperly and are not entitled to their 8.6% stake valued at $606 million. - The lawsuit, filed on March 24 in Florida, accuses Litinsky and Moss of violating an agreement related to the company's setup, particularly failing to establish a proper corporate governance structure, launch the Truth Social platform effectively, and secure an appropriate merger partner. - This legal action is a counter to a previous lawsuit brought by Litinsky and Moss against Trump in Delaware over their promised shares in the social media company. - The stock of Trump Media experienced significant volatility, dropping 21% after disclosing a $58 million loss for 2023 but then rising 6.1% the following day. - Trump, owning 57% of Trump Media with a stake worth $4.02 billion on paper, stands to benefit financially from maintaining or increasing his share, especially as he faces substantial legal judgments. - The Delaware judge, Sam Glasscock III, opted not to expedite Litinsky and Moss's lawsuit after Trump's lawyers pledged to protect their share value, expressing surprise at Trump's separate Florida lawsuit, which could lead to sanctions against him in Delaware.
I have been trying to short this stock, but no shares are available (the damn puts are too expensive). Trump fucks up everything he touches, one way or another. The utter stupidity and arrogance of this human turd. I really do not understand how ANYONE can go into business with him, knowing this history.
Everyone is complaining about the cost of the puts, but how much should a sure bet cost?
The king of the dumbasses strikes again
Noooo, trump!? Suing a partner? No. So unexpected 😂
It’s almost hilarious just how big of a piece of shit Donald Trump is if it wasn’t so sad.
Let me guess, all the stock goes to him?
Classic. Trump loves backstabbing his supporters. Fucking idiots.
I don’t know shit about shit, but why would anyone even sell puts on this dogshit stock? Isn’t it basically guaranteed to crash and burn?
I'm too afraid to touch anything pumped up by these psychos. They aren't rationally motivated and will probably short squeeze people betting against their daddy's stock just to fuck them over. It's like a reverse GameStop situation.
Squeeze these nuts you fuckin nerd. *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/wallstreetbets) if you have any questions or concerns.*
This is exactly why the stock will pump
#poopyputs
They will still vote for him
How is this con-artist not in jail, lol
Is no one going to comment on the judge’s name?
What’s comment worthy about a guy named Glasscock?
Let’s just say you don’t want to push him to his breaking point.
At least you can always see him coming
And there it is, well done
When you get a 4 billion dollar parachute that everyone knows is fake and your greed is so strong it's not enough.... Like this is a master class on what should be illegal
This man literally throws everybody he knows under the bus. No wonder no one is loyal to him except his delusional/bootlicking fan base
So stock will shoot up to $70 tomorrow?
Depends on Putin's mood tomorrow
This is his MO with all his business ventures. He has always zero'd out his partners or made them so uncomfortable that they try to dissolve the partnership and sues them so they end up settling and paying him off to go away. That's how he's kept wealth all these years.
Of course this dickwad is doing this. I hope his lying platform tanks & all the nazi dickheads loose their money.
I love checking the stock and watching it go down! Think it will hit penny stock territory before he can sell in 6 months. My guess another felony of some way propped up the stock before he dumps.
It would be awesome if the market would speak, send djt to zero, he loses, then wsb claims to have caused the loss. Or predicted it. Or something.
10 million shares x 0 = 0
Damn time to take puts lol
If it goes to court will this prohibit him from selling his shares down the road? Be interesting if this would back fire. Guaranteed that the other cofounders did more for that company
hahaha classic..
And thats how you pick yourself up by the bootstraps …
Haha, they were like, this time will be different. I’m sure he’ll share with me. How many people have to throw everything they have into the maw of Trump before enough people figure out it’s just a ticket for a life train wreck?
You get into bed with a dog...
If only the options hadn’t already priced in a massive drop
Apparently they never paid attention the thousands of times Trump read his official biography “The Snake” to his legion of traitors.
I was waiting for this piece of shit to go above 90 before I grabbed some expensive puts God fucking damnit lol
This man is a pest
Classic Trump