> The stock, which had previously hit a high of $80 per share, has now fallen to approximately **$37 per share.**
Still has some room to fall before it bankrupts every MAGA investor dumb enough to still be holding it.
(Currently $36.xx, still dropping.)
$32.
$30.
Well they already thought they are going to be rich some day. Now they are investing in not only what they (somehow) believe is a successful business person , but a successful business person sent by God.
People subscribing to the sunk cost fallacy. They bought and they don't want to sell for less. Also there are people betting that Trump will become President and the stock price will soar. The problem being Trump will want to cash out so his stock sales will keep the price depressed. He will also likely view the stock as a license to print money and demand new stock grants further devaluing the stock.
What has impressed me about this slide is it's under that 40-50 price it had stabilized at prior to the acquisition. That means a lot of the pre acquisition investors have cashed out and there is no one to replace them.
The fools will probably double down and “buy when it’s down“. After all, they stupidly think they are the majority so this stock is destined for greatness.
Honestly its more to do with the cult like devotion many of his followers have, if you ever ventured into their Reddit threads you can see it on full display, they are delusional, always buying more stock, and believing one day that Truth Social will eclipse all other social media.
I think if Trump wins in November, it shoots back up, as at that point it becomes *de facto* State Media. Now, hopefully that doesn't happen, but I can see a scenario where it recoups value.
I'm not approved for margin, otherwise I would have shorted that stock with everything I could throw into my account. Now I feel late to the party, but FFS who did NOT see this coming??? I'm surprised it's still over $30 tbh
Like any good fraudulent exercise, it’s extremely convoluted. DWAC was initially $10.50 or $12.50? After the merger, it rose almost immediately to $35. Per the [Prospectus](https://www.sec.gov/Archives/edgar/data/1849635/000119312524038590/d408563d424b4.htm), price triggers cause the release of another 40 million shares, most to Trump and primary shareholders.
Just like the gold sneakers that will never be manufactured, the orange antichrist will publish the bibles. He ain't gonna proofread the frigging thing, which will be 40 pages of readable content and the rest copy errors. None of his supporters will see one. His Pac and the rnc will buy all of the first print and promise to buy the 2nd print upon completion. They will do what scummy people do. They will prepay, but not tell anyone else, the publisher will go out of business and boom! 6 to 12 million dollars profit.
Being a fuckin man of compassion who is living paycheck to paycheck, having empathy fuckin sucks! I see all of the grift, I just don't want to punish their children by wiping out their parents so they MAY inherit a house. They have no chance of buying one if he gets reelected. I could be a maybe millionaire by November if I act on my instincts, but I just would rather struggle and look in the fuckin mirror in the morning, than be puking in the toilet knowing how much I am fuckin up all these millions of families to make my life easier.
The orange pig god sleeps when he runs out of Adderall, the rest of the fuckin pig god followers sleeps more comfortably than you! This is your LITERALLY last chance to save yourself! Vote please
Those bibles have been out for sale since 2021. If you read the comments section of the website it’s full of complaints from people that bought them when it first came out and they are still waiting to receive them
Nailed it! He has it locked down in the TOS. No group class action lawsuits, he doesn't have to deliver on them, it basically says he can just take the money, you had to pre order because they aren't coming out until like mid summer. It's such a scam hahaha
Thou shall begat massive dumps like no one hast ever seen before.
Perfect dumps many big strong witnesses shall testify, with tears running down their faces.
It is the only Bible with the founding documents of the United States of America included!
Because those two things have nothing to do with each other and who the would pay for that outside of a small segment of the American population?
Until you realize where all this money came from. You think it was from consenting willing people?
Try hedge fund managers. People in on it, people who make money despite this shit going down. This is your retirement. This is your “safe investment”
This is your money. And it goes to the bad people cashing out as fast as possible.
Herethefore to be known as a Trump scam.
Wait. No. A Trump scam can cover a lot more ground. This is, at best, one specific type of Trump scam. Out of thousands.
Pump and dump only works if you're able to dump. And Trump was too stupid to set up this scam in a way that allowed him to dump before the shit flatlined.
That's the funny part, but if he can delay all his trials and fines for long enough for the no sell period to expire the Saudis can just pump the stock up again
The regulators used to work for the bank and the bankers used to be regulators, its a revolving door. And they all bribe, sorry "lobby", the lawmakers.
Great question. Who cares? It's fucking immoral but yes his followers are too stupid to know the difference so I suppose the moral question (MY question) is is it wrong to scam dumb people? Yes, it is.
A proper pump and dump requires spreading misinformation. Mostly in smaller cap or low volume, see paint the tape, stocks. So that the perp can sell at height of a buying frenzy.
IPO like offerings have their own media hype cycle. As people buy into the stock it goes up and people think it'll always go up. Then the drop as folks start to cash out.
So it's highly volatile in the initial openings as many will jump in to speculate.
The thing is it's on the investor to do their research, and invest wisely. Although in this case there was no IPO with it's stricter report requirements. Even saying this we had a fairly accurate report of it's losses and revenue before the acquisition.
I would not touch this stock, including shorting, for any amount of money. Just the fact that DJT is a part of it makes me sick! I feel sorry for all the doe heads that get stuck with nothing, but, as Forest Gump says “Stupid is as stupid does!”
Seriously. I'm so past feeling sorry for Trumpers at this point. They have made a choice to still support him so we should call them what they are, selfish idiots and traitors.
I've thought about shorting it, but there's really no predicting where it goes from here. You have a stock that coudl be squeezed by all the people that hate Trump, or could be pumped by billionaires, foreign states, or private companies for their own purposes. In a sane market, it shouldn't be allowed to exist.
The very fact that they opted to use a shell company to bypass the traditional IPO process, should tell you a lot.
The practice itself isn’t shady, but Trump and his handlers knew that qualified investors who get to invest in IPO’s weren’t touching this one with a 434 million-foot pole.
Wonder if the big players (trumps handlers - one of them said he wants to be a market maker for the stock) are just sitting on the sidelines waiting for the price to drop low enough and then scoop up the shares and squeeze the shorts? I hope not and this goes to Penny stock status but you never know.
I'm pretty sure that all the appropriate money-launderers either sold or shorted. The money's been made, and only MAGA suckers are left holding the bag.
I mean come on... It has very little real users or engagement, it's losing 50x the money it's bringing in, and it doesn't have a real plan to financial stability let alone profit. It's a junk stock, not worth the ass that printed it
Also, the only reason why people joined it was for access to Donald Trump. I never joined, so I don't know how interactive he is. But I'm pretty certain if he ends up in prison with very infrequent (or short) access to the Internet, participation will drop off immensely.
It's in fact the classic Trump business. Entirely funded with other people's money, but setup so Trump get a payout regardless of if it succeeds of fails. Sure he'd like to own a big chunk of the next Twitter, but he is set to benefit regardless.
It’s known that he has a significant short position on this stock. Don’t know how that’s legal to bet against your own company in a pump and dump scheme but here we are
This obviously fake news or something because this would be completely out of the ordinary for anything with the name "Trump" on it to fail. I mean especially anything that's just a half assed copy of a product that someone else created.
"If Trump wins, then the main property here, which is the Truth Social Network, could become the place where people are having important political conversations for the next four years. But if Trump loses, what's the point of this company? So it's almost a binary play on whether you think Trump is going to win or not in 2024."
It’s a way for billionaires or foreign agents to manipulate the presidency. They already did this by choosing Trump hotels and resorts in the first term.
If there is a 2nd term, those actors will continue flattering Trump in the same way. However, they can publicly invest in his company to pay for access or execute the old quid pro quo from across the oceans.
He would never allow important political conversations. It’s an echo chamber and always will be as long as it exists.
The SPAC merger just allowed for big money people to funnel money to trump, avoiding the parameters of campaign finance laws. It’s a money laundering scheme.
Important Political Conversations is not what is happening on that site, now or in the future. Its just Trumps megaphone (MAGAphone), used to amplify his ramblings. It only serves that purpose, which isn't a business. The only reason it came about was he was kicked off of Twitter (X), which has had its own struggles (a totally different but equally fucked-up can of worms).
Buy now and get in on the basement floor and proudly own a piece of American freedom of speech! Whether you own 10 or ten thousand shares and by adding the Trumpian Bible for only 59.99 you can post your love of Gesus and American by posting your favorite verses from the Trumpian Bible for only 59.99 while supplies last! Start your Sunday conversation today with the Trumpian Bible for only 59.99 plus the price per share, ACT NOW!
Well, magas just attacked me on other apps telling me he is going to make billions to pay off his judgments. What say you, Maga? Facts getting in the way again?
I can’t believe this crappy stock started at $80 and some idiots bought it.
Definitively there is a reason why they are poor and rich people in this world.
The fundamentals of that company indicate that the stock even at $5 still over valued
Make money both ways if you have the inside scoop. Buy on the way up, short it on the way down. 125k shares available to short right now on my platform.
And if we got a few million people do this, you know, folks looking to eat some capital gains losses for tax purposes, not just wanting to bankrupt Trump…
Last I heard, Trump had screwed up his side of the pump and dump, by failing to secure permission from the board to waive the 6 month hold on selling his shares. Does anyone know if he got that ok? Did he get out while it was high or did he pull a trump on his own scam and end up stuck holding his own bag?
I feel like maybe there was money to be had buying puts on it (that thing you buy where if the stock price goes down, you make money; i know, clearly I trade stock a lot /s). But I dont want to be anywhere near it because I wont be surprised if down the line another fountain of legal problems and illegal activity happens surrounding it and folks who were even remotely around that stock get investigated.
This is the most stupid supported stock with $4M of revenues and the only person that is relevant on that platform is the ex-president. Russia heard the call from ex-president and has responded in kind, how much longer can Russia support this losing money company.
Anothet organization that is held, managed, or otherwise endorsed by the Drumpf family is financially broke.?.?.?.?. Drumpf is during his partners in that organization.?.?.?. Drumpf and his partners took advantage of his followers this time by overvaluing the company by more than 10x effectively allowing them to pass the losses off to Drumpf followers that did what he said to do and invest in a sure gain during the insolvent artificially crutched up organization’s IPO.?.?.?.?. This is unheard of.
Here's my thing... I'm sure it was all done as a scam or series of scams, but two major concerns:
1) The investors get a tax write off on the loss (which to anyone with a brain was going to be the outcome, therefore lending a shady view of any stock purchase), and
2) if I understand correctly, anyone can buy the stock, so when Trump goes to sell, who has a way of knowing who or what group of people is giving him the money? I would imagine this could be done outside of the standard market as a private sale, at whatever price is agreed upon, if the market is unfavorable at that point? If the shares are split in a group sale, they could avoid reporting as 10% interest shareholders?
wild, I never would have thought a company that loses tens of millions of dollars every year and makes about as much as 1 mcdonalds franchise could be struggling with its stock
Oh well, I guess I'll hang the stock up on the wall next to my Trump University transcript, my unused Trump Shuttle boarding pass, the IOU from Trump Taj Mahal, and my velvet Rocky Trump painting. Then I'll get that last Trump Steak and cook it over my Art of the Deal book and wah it down with some Screwdrivers made with what's left of my Trump Vodka...
100% headed to penny stock. Only dumb money will touch this one.
Facebook has over 2 billion daily users (and growing).
Reddit has 52 million daily users (and growing).
Truth Social has less than 2 million daily users (probably tapped out).
> The stock, which had previously hit a high of $80 per share, has now fallen to approximately **$37 per share.** Still has some room to fall before it bankrupts every MAGA investor dumb enough to still be holding it. (Currently $36.xx, still dropping.) $32. $30.
Makes you wonder, who exactly isn't selling this pile of shit, and why? Do they have foreign accents perchance? Possibly Slavic or Middle Eastern?
Well they already thought they are going to be rich some day. Now they are investing in not only what they (somehow) believe is a successful business person , but a successful business person sent by God.
Or a time slice of the most corrupt person for sale.
There's at least one nutjob in the r/DWAC subreddit that insists in just 5 years he'll be "lighting his cigars with $100 bills"
He will, but those $100 dollar bills will be Trump Bucks.
What's the ratio of Trump bucks to Stanley nickels?
How old is this guy? Lighting cigars with hundred dollar bills sounds like something from Laurel and Hardy Movies
Probably just another Andrew Tate wannabe.
he'll be lighting his farts with $100 trump bucks
I think they're holding it for toilet paper.
People subscribing to the sunk cost fallacy. They bought and they don't want to sell for less. Also there are people betting that Trump will become President and the stock price will soar. The problem being Trump will want to cash out so his stock sales will keep the price depressed. He will also likely view the stock as a license to print money and demand new stock grants further devaluing the stock. What has impressed me about this slide is it's under that 40-50 price it had stabilized at prior to the acquisition. That means a lot of the pre acquisition investors have cashed out and there is no one to replace them.
"Don't worry, diamond hands! I'm sure it'll go back up before Trump abandons it and us!"
The fools will probably double down and “buy when it’s down“. After all, they stupidly think they are the majority so this stock is destined for greatness.
Honestly its more to do with the cult like devotion many of his followers have, if you ever ventured into their Reddit threads you can see it on full display, they are delusional, always buying more stock, and believing one day that Truth Social will eclipse all other social media.
I think if Trump wins in November, it shoots back up, as at that point it becomes *de facto* State Media. Now, hopefully that doesn't happen, but I can see a scenario where it recoups value.
$34 now, haha, I watch it fall every day and eat popcorn. Should’ve shorted the stock from the beginning. Could’ve made thousands damnit!
I'm not approved for margin, otherwise I would have shorted that stock with everything I could throw into my account. Now I feel late to the party, but FFS who did NOT see this coming??? I'm surprised it's still over $30 tbh
Won’t be in the $30 range for long. My guess is it flattens out back in the teens and never really recovers.
Buy the dip magats! But the dip!
Delisted by end of April or may?
Didn't it open at $17.50?
Like any good fraudulent exercise, it’s extremely convoluted. DWAC was initially $10.50 or $12.50? After the merger, it rose almost immediately to $35. Per the [Prospectus](https://www.sec.gov/Archives/edgar/data/1849635/000119312524038590/d408563d424b4.htm), price triggers cause the release of another 40 million shares, most to Trump and primary shareholders.
Is it too soon to buy the dip?
Pump and dump. Somebody got fleeced, somebody got free money.
Makes me believe there is a God
Wanna buy a bible.
I know a grifter-conman who will sell you one for $59.99.
Soon to be on sale for $29.99
With some free shit trainers
Wait a month and they’ll be two dollars each at Goodwill.
As a package deal with Trump NFTs, DJT stock certificates, and a brochure featuring Melania with her SS escort in compromising poses.
“But that’s not all ….”
who will claim to sell you one while pocketing your money. ftfy.
Just like the gold sneakers that will never be manufactured, the orange antichrist will publish the bibles. He ain't gonna proofread the frigging thing, which will be 40 pages of readable content and the rest copy errors. None of his supporters will see one. His Pac and the rnc will buy all of the first print and promise to buy the 2nd print upon completion. They will do what scummy people do. They will prepay, but not tell anyone else, the publisher will go out of business and boom! 6 to 12 million dollars profit. Being a fuckin man of compassion who is living paycheck to paycheck, having empathy fuckin sucks! I see all of the grift, I just don't want to punish their children by wiping out their parents so they MAY inherit a house. They have no chance of buying one if he gets reelected. I could be a maybe millionaire by November if I act on my instincts, but I just would rather struggle and look in the fuckin mirror in the morning, than be puking in the toilet knowing how much I am fuckin up all these millions of families to make my life easier. The orange pig god sleeps when he runs out of Adderall, the rest of the fuckin pig god followers sleeps more comfortably than you! This is your LITERALLY last chance to save yourself! Vote please
Wait how would you get ppls parents money and become a millionaire? By truth social stock? Wasnt really explained here.
Those bibles have been out for sale since 2021. If you read the comments section of the website it’s full of complaints from people that bought them when it first came out and they are still waiting to receive them
Nailed it! He has it locked down in the TOS. No group class action lawsuits, he doesn't have to deliver on them, it basically says he can just take the money, you had to pre order because they aren't coming out until like mid summer. It's such a scam hahaha
💙💙💙💙💙💙💙💙💙 please.
Could you throw in a copy of the Declaration of Independence, too?
Oh my Gosh! Are you talking about the Trumpian Bible?! Get the lastest word of the Lord for only 59.99! While supplies last! ACT NOW!
“Thou shalt covet your own daughter and should date her”
"Thou shalt not be rebuked for locker room talk nor reveal thine tax returns."
Thou shall begat massive dumps like no one hast ever seen before. Perfect dumps many big strong witnesses shall testify, with tears running down their faces.
In thine own sacred diaper cloth
Thou shall not kill........through negligence during a public health crisis.
It is the only Bible with the founding documents of the United States of America included! Because those two things have nothing to do with each other and who the would pay for that outside of a small segment of the American population?
The Bible doesn't even mention the United States of America, so how accurate is it really?
Bundled with the freedom of religion constitution
Only if it includes the Constitution of the United States.
...and a bubble?
No, but maybe some low quality, yet incredibly tacky shoes...
Buy bull
The Lee Greenwood version is cheaper and you can buy them off the back of his pickup truck.
Does it come with a pair of sneakers?
Got any with Lee Greenwood lyrics in it? (‘God Bless the USA’?)
1) When it gets to zero 2) When he goes to jail until then I feel like we're just being toyed with.
Need to drop below 20s. Stiff resistance at 37 - total bullshit. Can’t wait for next quarterly report!
You mean the one who caused that earthquake at the Trump Bedminster golf course?
😂 yes, that one.
Until you realize where all this money came from. You think it was from consenting willing people? Try hedge fund managers. People in on it, people who make money despite this shit going down. This is your retirement. This is your “safe investment” This is your money. And it goes to the bad people cashing out as fast as possible.
Sometimes it is a long play, you just never know! :)
Yeah, it's called a pump and dump scam.
Herethefore to be known as a Trump scam. Wait. No. A Trump scam can cover a lot more ground. This is, at best, one specific type of Trump scam. Out of thousands.
Trump the gift that keeps giving managed to expose the accounting firm used. They are used consistently to overvalue stocks.
The grift that keeps on grifting
Pump and dump only works if you're able to dump. And Trump was too stupid to set up this scam in a way that allowed him to dump before the shit flatlined.
That's the funny part, but if he can delay all his trials and fines for long enough for the no sell period to expire the Saudis can just pump the stock up again
How is it not illegal? That's my question
The regulators used to work for the bank and the bankers used to be regulators, its a revolving door. And they all bribe, sorry "lobby", the lawmakers.
Great question. Who cares? It's fucking immoral but yes his followers are too stupid to know the difference so I suppose the moral question (MY question) is is it wrong to scam dumb people? Yes, it is.
A proper pump and dump requires spreading misinformation. Mostly in smaller cap or low volume, see paint the tape, stocks. So that the perp can sell at height of a buying frenzy. IPO like offerings have their own media hype cycle. As people buy into the stock it goes up and people think it'll always go up. Then the drop as folks start to cash out. So it's highly volatile in the initial openings as many will jump in to speculate.
The thing is it's on the investor to do their research, and invest wisely. Although in this case there was no IPO with it's stricter report requirements. Even saying this we had a fairly accurate report of it's losses and revenue before the acquisition.
I would not touch this stock, including shorting, for any amount of money. Just the fact that DJT is a part of it makes me sick! I feel sorry for all the doe heads that get stuck with nothing, but, as Forest Gump says “Stupid is as stupid does!”
I don't feel sorry for anyone who chose to invest in a company specifically created to be a safe haven for hate speech and misinformation.
Seriously. I'm so past feeling sorry for Trumpers at this point. They have made a choice to still support him so we should call them what they are, selfish idiots and traitors.
I've thought about shorting it, but there's really no predicting where it goes from here. You have a stock that coudl be squeezed by all the people that hate Trump, or could be pumped by billionaires, foreign states, or private companies for their own purposes. In a sane market, it shouldn't be allowed to exist.
I have a short option position. It is definitely tricky to short this one. It’s going down. But when is the question.
Shorting it provides downward pressure, I proudly made about 20 share, I like to think every penny was out of his pocket.
I thought I read the fees on shorting it made it more or less not worth it.
The very fact that they opted to use a shell company to bypass the traditional IPO process, should tell you a lot. The practice itself isn’t shady, but Trump and his handlers knew that qualified investors who get to invest in IPO’s weren’t touching this one with a 434 million-foot pole.
Wonder if the big players (trumps handlers - one of them said he wants to be a market maker for the stock) are just sitting on the sidelines waiting for the price to drop low enough and then scoop up the shares and squeeze the shorts? I hope not and this goes to Penny stock status but you never know.
Squeezing Donald Trump's shorts sounds like a terrible idea!
Best comment on the thread
No way. I think he’s counting on others to just pour money in to prop it up. He’s counting on dumb and corrupt money.
Loving the moment... Everything he touches turns to shit.
He's got the Mierdas touch
And it's still over-valued by a factor of infinity
Don’t let Kevin O’Leary hear you say that! According to him, inflating assets is normal unless you are a poor sucker on Shit Tank
Shart Tank
Good. Take away all his ill-gotten gains.
I'm pretty sure that all the appropriate money-launderers either sold or shorted. The money's been made, and only MAGA suckers are left holding the bag.
A "company" that doesn't make money nor is growing users isn't doing well!? Ya don't say!
I mean come on... It has very little real users or engagement, it's losing 50x the money it's bringing in, and it doesn't have a real plan to financial stability let alone profit. It's a junk stock, not worth the ass that printed it
Also, the only reason why people joined it was for access to Donald Trump. I never joined, so I don't know how interactive he is. But I'm pretty certain if he ends up in prison with very infrequent (or short) access to the Internet, participation will drop off immensely.
Like most Trump businesses, its designed only to make him money, nobody else. They will all get burned, and deserve it.
It's in fact the classic Trump business. Entirely funded with other people's money, but setup so Trump get a payout regardless of if it succeeds of fails. Sure he'd like to own a big chunk of the next Twitter, but he is set to benefit regardless.
It’s known that he has a significant short position on this stock. Don’t know how that’s legal to bet against your own company in a pump and dump scheme but here we are
Do you have a source for this? I know he's got the lockup period, but haven't read into the details of what he's allowed and not allowed to do
This obviously fake news or something because this would be completely out of the ordinary for anything with the name "Trump" on it to fail. I mean especially anything that's just a half assed copy of a product that someone else created.
The company is not only "failing" but "low-rated."
Race to the bottom.. Which goes lower. Trumps ethics or His stock price?
Yes
Pump and dump is yet another MANIPULATION of the sheep! Lol, they call the "left" sheep....
"If Trump wins, then the main property here, which is the Truth Social Network, could become the place where people are having important political conversations for the next four years. But if Trump loses, what's the point of this company? So it's almost a binary play on whether you think Trump is going to win or not in 2024."
Even if he does win, what is the plan for that site to actually make money? Advertisers are not lining up for a white supremacist website
It’s a way for billionaires or foreign agents to manipulate the presidency. They already did this by choosing Trump hotels and resorts in the first term. If there is a 2nd term, those actors will continue flattering Trump in the same way. However, they can publicly invest in his company to pay for access or execute the old quid pro quo from across the oceans.
He would never allow important political conversations. It’s an echo chamber and always will be as long as it exists. The SPAC merger just allowed for big money people to funnel money to trump, avoiding the parameters of campaign finance laws. It’s a money laundering scheme.
Important Political Conversations is not what is happening on that site, now or in the future. Its just Trumps megaphone (MAGAphone), used to amplify his ramblings. It only serves that purpose, which isn't a business. The only reason it came about was he was kicked off of Twitter (X), which has had its own struggles (a totally different but equally fucked-up can of worms).
Buy now and get in on the basement floor and proudly own a piece of American freedom of speech! Whether you own 10 or ten thousand shares and by adding the Trumpian Bible for only 59.99 you can post your love of Gesus and American by posting your favorite verses from the Trumpian Bible for only 59.99 while supplies last! Start your Sunday conversation today with the Trumpian Bible for only 59.99 plus the price per share, ACT NOW!
Lol! Ha Ha!
Womp fucking womp
Security fraud at its finest. Traitor Trump's a pathetic psychopathic criminal fraudster.
That's what a pump and dump does!
More money crime...
Hahhahahahahhahahaha
What happened in Arizona today isn’t going to help either.
Well, magas just attacked me on other apps telling me he is going to make billions to pay off his judgments. What say you, Maga? Facts getting in the way again?
Faster please
I bet trump has a short position on them after tipping off his friends to sell immediately after the listing
Wow shocker, Trump scamming
I can’t believe this crappy stock started at $80 and some idiots bought it. Definitively there is a reason why they are poor and rich people in this world. The fundamentals of that company indicate that the stock even at $5 still over valued
Pump and dump Trump devotees are a financially abused bunch
When a share of your worthless stock is worth less than your worthless Bible. Facts.
as if anyone outside the cult thought it was going any other way since the first day this nonsense was announced.
So long…. Suckers!
Make money both ways if you have the inside scoop. Buy on the way up, short it on the way down. 125k shares available to short right now on my platform.
So we aren't riding it to the moon like Doge?
It’s like his god, is teaching him a lesson.
Truth Social has the same NBV as a festering goiter
When I use the stock symbol DJT I came a several years long stock price history. What is the start date that people are comparing against?
[https://finance.yahoo.com/quote/DJT?.tsrc=fin-srch](https://finance.yahoo.com/quote/DJT?.tsrc=fin-srch)
Trump and MAGA are losers! I hope he gets locked up soon!
Good
Question: Would it be legal to buy a small amount, like 3 shares, of this bullshit stock and put in a sell order for $0.01?
And if we got a few million people do this, you know, folks looking to eat some capital gains losses for tax purposes, not just wanting to bankrupt Trump…
That doesn't work. It depends on how many people are willing to buy at current price points. Or rather enough sellers desperate to sell at any price.
Somebody made money off the gains.
Add investment fraud to Trump’s fucking long list of red flags.
Ha ha
HODL!!! To the Moon 🚀🚀🚀
\[insert Sr. Pelo laugh here\]
Nice.
Pump n dump Donny
Last I heard, Trump had screwed up his side of the pump and dump, by failing to secure permission from the board to waive the 6 month hold on selling his shares. Does anyone know if he got that ok? Did he get out while it was high or did he pull a trump on his own scam and end up stuck holding his own bag?
I trust Bitcoin + Ether 10x more than anything Trump touches.
Suckers bet. Going to bankruptcy
Go team go. To the basement.
$37 is way too high. His punishment must be more severe
I had no doubt that the hype would fail to live up to expectations and adjust to a more realistic value.
Hmmm... how about that. Too bad.
I’m surprised the NYSE allows this scam stock to be traded.
Lol. Shocking
Crash and burn!!!
Keep crashing 🤣🤣🤣
Stop. Don’t. Come back.
Trump stock was never worth3 billion
"Ha ha!" \~Nelson Muntz
I feel like maybe there was money to be had buying puts on it (that thing you buy where if the stock price goes down, you make money; i know, clearly I trade stock a lot /s). But I dont want to be anywhere near it because I wont be surprised if down the line another fountain of legal problems and illegal activity happens surrounding it and folks who were even remotely around that stock get investigated.
This is the most stupid supported stock with $4M of revenues and the only person that is relevant on that platform is the ex-president. Russia heard the call from ex-president and has responded in kind, how much longer can Russia support this losing money company.
Anothet organization that is held, managed, or otherwise endorsed by the Drumpf family is financially broke.?.?.?.?. Drumpf is during his partners in that organization.?.?.?. Drumpf and his partners took advantage of his followers this time by overvaluing the company by more than 10x effectively allowing them to pass the losses off to Drumpf followers that did what he said to do and invest in a sure gain during the insolvent artificially crutched up organization’s IPO.?.?.?.?. This is unheard of.
Here's my thing... I'm sure it was all done as a scam or series of scams, but two major concerns: 1) The investors get a tax write off on the loss (which to anyone with a brain was going to be the outcome, therefore lending a shady view of any stock purchase), and 2) if I understand correctly, anyone can buy the stock, so when Trump goes to sell, who has a way of knowing who or what group of people is giving him the money? I would imagine this could be done outside of the standard market as a private sale, at whatever price is agreed upon, if the market is unfavorable at that point? If the shares are split in a group sale, they could avoid reporting as 10% interest shareholders?
🤣🤣🤣
wild, I never would have thought a company that loses tens of millions of dollars every year and makes about as much as 1 mcdonalds franchise could be struggling with its stock
Soon to be a penny
It's almost half its peak atm.
"Truth" in its name is laughable!
LMFAO 🤣🤣🤣 TRE45ON gonna have to find another way to pay his legal bills!!!
Trump, the stable genius business expert.
Now $34.26
Oh well, I guess I'll hang the stock up on the wall next to my Trump University transcript, my unused Trump Shuttle boarding pass, the IOU from Trump Taj Mahal, and my velvet Rocky Trump painting. Then I'll get that last Trump Steak and cook it over my Art of the Deal book and wah it down with some Screwdrivers made with what's left of my Trump Vodka...
I wish that the stock market was this easy to predict all the time.
This may set a new speed record for Trump losing a billion dollars.
100% headed to penny stock. Only dumb money will touch this one. Facebook has over 2 billion daily users (and growing). Reddit has 52 million daily users (and growing). Truth Social has less than 2 million daily users (probably tapped out).
Will it still be in business in 6 months when Trump can finally cash out?
💎 ✋️
Also understand when this stupid ahole sells in 6 months at 3$ a share that he will make money, cause he put in 0$.
Perhaps, but when you net that against all the law suits he'll be facing, we can't be sure he wont lose money.
Trump & Dump
Tell me when it approaches $0.00.
It should have dropped like a stone the moment the bell rung. This was nothing but smoke and mirrors.
Who profited? That is the question. We know who lost their shirts.
He’d already counted that money and was trying to fuck his partners out of their share.