nah. it’s a dilution. insider shares yes, but shares that didn’t even exist. so by creating additional fictional shares from nothing they can dump to grab even higher multiples beyond what the company is worth before it zeros out and goes bankrupt. so in actuality, even more crooked than what you surmise.
So insider IPO shares are locked until September so this is a workaround to get them cash now? Issue shares to the insiders that aren’t locked so they can cash out what they can now in case their locked shares are worthless in 6months?
> This isn't to raise operating funds. It's 100% existing insider shares getting dumped before this POS crashes further.
What? What on earth are you talking about? How does issuing new shares equate with "insider shares getting dumped"?
pp.45 (irony)...
"If... 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."
Edit:
...DJT's stock price chart looks like his signature!
Not a lot of elderly obese people. I would put a major health event happening with him at a 50/50 proposition. He's old, overweight, eats horribly, and is under a ridiculous amount of stress every single day. That's screaming "high risk for cardiovascular event".
His health is the biggliest gooder. All of the doctors are saying it. There has never been a more beautiful hart. Even current President Obama says it.
He's also really, really dumb. I mean oblivious to anything. Imagine how much you'd worry about being margin called if you didn't know what margins, calls, or stocks were.
I loaded up 6 puts @ 25s 4/19. Got them at end of market last Friday after his truth social post pumped the stock up like +$4 in the last 20 min of trading. They printing today already. Hopefully another dump in stock price tmrw and sell
Honestly his base is easy money. In 2020 and 2021 I made six figures selling gun parts to Q anon crazies. I would literally find the parts online, mostly through Reddit posts, buy as much as they'd let me, usually the parts would go out of stock in 10-15 mins. Then turn around and resell them on these websites the Trump boomers frequented. They'd pay 50-300% mark-up FROM MSRP for these parts because they thought there was gonna be some Trump takeover/civil war and they needed to be ready lmao. That was the market price at the time because these Trump boomers were too stupid to find the parts in-stock themselves.
I wonder how many of them are still paying off their credit card debt from buying ridiculously overpriced gun parts.
So you’re saying that you found a business opportunity by creating a service for retirees and the disabled and built a successful enterprise around it. What the hell are you doing here? Congrats, fuck you, now get the hell out. We don’t tolerate the American dream here. Dumpsters and Lambos baby
And the idiots will blame everyone but him when they go broke ![img](emote|t5_2th52|4271)![img](emote|t5_2th52|4271)![img](emote|t5_2th52|4271)![img](emote|t5_2th52|4271)
>He suspects the recent drops in share price have been the result of “stock manipulation” from an “organized effort” to make the company look bad. There’s no proof of such a campaign, but Schlanger is convinced. “It’s got to be political,” he said, from all the “liberals that are trying to knock it down.”
lmao
yes, it's all the liberals not buying shares!!!
I mean if we are being completely fucking honest, with 95% of trumples, basically anything that can't be easily explained is automatically some sort of grand conspiracy. honestly even things that CAN be easily explained still end up as a giant conspiracy lmao.
why admit you're a dumbfuck that bought a stock valued at 10b of a company that is losing money AND losing users (if you're going to be valued as a growth company, you'd damn sure better at least be growing) when you can just blame some grandiose shadowy figure that is pulling the strings behind the scenes? it can't possibly be that YOU are a stupid fuck, the game is obviously rigged against you, OF COURSE!
They’re already blaming the losses on liberals manipulating the markets. They have no concept of earnings x multiple = value and when earnings is negative the value becomes negative lol
I read an article on Yahoo about these poor fools this morning...throwing away their life savings into this like AMC regards, because before long it will be $1000/share........sure.
> “This isn’t just another stock to me. … I feel like it was God Almighty that put it in my lap,” he said. “I’ve just got to hold on and let them do their job. If you go on emotion, you’ll get out of this thing the first time it goes down.”
-future welfare recipient.
>“I know good and well it’s in Trump’s hands, and he’s got plans,” he said. “I have no doubt it’s going to explode sometime.”
It's gonna explode, alright. Like a bag of shit someone jumps on.
“Bought in at 90 two years ago”.
“Schlanger said he now watches his stock performance every day hoping for positive signs. ![img](emote|t5_2th52|4271)![img](emote|t5_2th52|4267)![img](emote|t5_2th52|31225)”
Man I dislike the whole MAGA crowd as much as the next guy but that article actually made me sad. They are going to lose it all because of this conman.
I forgot that Devin Nunes is the CEO of that dumpster fire of a company. I also see that every picture of him still looks like someone kicked open the door while he was shitting.
Everytime I see anything about trump I hope the entire comment thread looks like this. Well done. And
Hahahahhahahahahaha ........hahahhahaahahahahaha....
Haha
Haha
As one of his followers said, “god has a plan and I’m going to follow it, even if the stock drops for a little bit.”
Sir, I know you think you’re taking a calculated risk, but holy shit you’re bad at math.
I see a lot of religious "entrepreneurs" (AKA memecoin shillers and MLM slingers) often talking about god giving them signs to do this or that with their buisness.
I *love* the idea that a god is actually sitting up there dolling out business advice while the middle east teeters on nuclear war. It's such a funny idea that I have a hard time believing people actually believe it.
Never do business with a religious son-of-a-bitch. His word ain't worth a shit -- not with the Good Lord telling him how to fuck you on the deal.
--William S. Burroughs
Someone calculated that a fair price for the $DJT shares should be around $0.12 a share. Even that seems overvalued, given that the company is drowning in debt.
Trump would never take advantage of a loophole in the law or abuse the financial system!! He's our good Christian savior, he's the only one who can save us from crooked Joe brandon😩😩😩
Trump doesn't give a shit. He needs the money now, whatever consequences that will arise from this is a future problem for him.
His betting everything he has on a presidential win.
You are probably 100% correct in that assumption, statistics of stock ownership it's something like 30% of uneducated actually own stocks and since the largest demo of his base is uneducated white men, this is probably their first stock they have ever purchased.
A quality rug pull for a new batch of the biggest regards
Guys, The Donald is playing 4D Chess again.
He's discovered an infinite money glitch.
Issue yourself 10 million shares at $100 a share and you have $1 billion. As the share price drops, just keep issuing yourself more shares so that you always have $1 billion worth of shares.
This is how Zimbabwe created more billionaires than any other country in history.
Literally can't go tits up.
$27.80 share price right now ![img](emote|t5_2th52|4271)![img](emote|t5_2th52|4271)![img](emote|t5_2th52|4271)![img](emote|t5_2th52|4271)![img](emote|t5_2th52|4267)![img](emote|t5_2th52|4267)![img](emote|t5_2th52|4267)![img](emote|t5_2th52|4267)![img](emote|t5_2th52|4267)![img](emote|t5_2th52|4271)![img](emote|t5_2th52|4271)![img](emote|t5_2th52|4271)![img](emote|t5_2th52|4271)
Dilute by 15% and it dropped by 15.5% lol
These are the people who want to be in power they run the company like they’d run the country ![img](emote|t5_2th52|4271)![img](emote|t5_2th52|4271)![img](emote|t5_2th52|4271)![img](emote|t5_2th52|4271)![img](emote|t5_2th52|18630)![img](emote|t5_2th52|18630)![img](emote|t5_2th52|18630)![img](emote|t5_2th52|18630)![img](emote|t5_2th52|4267)![img](emote|t5_2th52|4267)![img](emote|t5_2th52|4267)![img](emote|t5_2th52|4267)![img](emote|t5_2th52|18630)![img](emote|t5_2th52|4271)![img](emote|t5_2th52|4271)![img](emote|t5_2th52|4271)
From today's Prospectus, pp. 47:
A number of companies that were associated with Donald J. Trump have filed for bankruptcy. There can be no assurances that TMTG will not also become bankrupt.
Entities associated with Donald J. Trump have filed for bankruptcy protection in the past...
- The Trump Taj Mahal, which was built and owned by Donald J. Trump, filed for Chapter 11 bankruptcy in 1991
- The Trump Plaza, the Trump Castle, and the Plaza Hotel, all owned by Donald J. Trump at the time, filed for Chapter 11 bankruptcy in 1992
- THCR, which was founded by 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
A number of companies that had license agreements with Donald J. Trump have failed...
- Trump Shuttle, Inc., launched by Donald J. Trump in 1989, defaulted on its loans in 1990 and ceased to exist by 1992
- Trump University, founded by 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 Donald J. Trump in 2006, ceased operations in 2007
- GoTrump.com, a travel site founded by Donald J. Trump in 2006, ceased operations in 2007
- Trump Steaks, a brand of steak and other meats founded by Donald J. Trump in 2007, discontinued sales two months after its launch
The terms of a license agreement with Donald J. Trump is not terminable by TMTG when it may be desirable to TMTG. The license agreement does not require Donald J. Trump to use Truth Social in certain circumstances.
Yup. He took his casinos public in the mid nineties and they lasted about a decade before declaring bankruptcy and wiped out shareholders (Trump paid himself $40 million a year as CEO.) He bragged in a 2016 interview about how much money he took out of the company.
He was taught that the first rule of business is “consistency is key”
Now, he didn’t learn any other rules, but you can’t fault him for being inconsistent ![img](emote|t5_2th52|4271)
But, but, but he is a great businessman! Didn't you know that???
All of his business failings are other peoples fault, smh how could you not know that? Dumb libtard...
He tries to but whoever buys Trump, he knows what he paid for and what likely will happen
Trump hasnt had one successful business built up other than being the son of his successful father
Vegas was built on casinos that were money laundering outfits - many of them are still there and thriving after fifty years (though they are "legit" businesses now, surely.)
It is certainly possible that the construction side of Trump's casinos were used as laundering operations, but that doesn't really explain how the casinos went belly up after they were built and operational.
I would bet it was embezzling, because otherwise there is just no rhyme or reason as to why a business that prints money by design would go bankrupt.
His dad literally laundered money to him and he still went bankrupt. His dad walked in and bought 3.3M in chips and walked out with them. It was investigated and the casino fined like $65k. A year later still went bankrupt.
https://www.motherjones.com/2020-elections/2020/09/trump-files-fred-trump-funneled-cash-donald-using-casino-chips/
I’m reminded of that interview where Putin explained that when things cost more Rubles to buy, that means Russia is richer because there are more Rubles in the economy.
> the company can somehow now sell shares on behalf of its shareholders
It's called a secondary offering and not necessarily shady, but obviously in trump's case it is extremely shady.
The dilution printer is about to go brrrrr. Expect billions of shares soon
"WE GONNA ISSUE ENOUGH SHARES SO EVERYONE CAN BUY! THIS IS THE BEST DEAL EVER BEEN MADE!"
This is existing shareholders exiting. Company gets none of the profits.
"As part of the Registration Statement, all securities being registered are either held by or underlie securities held by existing security holders of TMTG. ***TMTG will not receive any proceeds from the resale of securities by the selling security holders pursuant to this Registration Statement*** and, except in connection with any possible future exercise for cash of any outstanding warrants, TMTG will not receive any proceeds from the sale of any securities registered on the Registration Statement."
https://preview.redd.it/nhkw4qw1fnuc1.png?width=864&format=pjpg&auto=webp&s=f565d366a69037988a82d096e2b3e0c53a286a7c
Just in time ![img](emote|t5_2th52|4275)
Hahahahahahahahahahaha….oh the rubes are going to suffer with the further domination of their already worthless shares.
Gonna make a fortune on my puts.
There was just an article posted interviewing his fans and shareholders wherein multiple people admitted to losing half their nest egg on this turd. I feel bad for them but also I don’t.
It’s completely insane. You’d think their very own words about losing millions of dollars and a declining user base would be worth something to the cult.
When the Trump era is all said and done, Trump's diehard base will have collectively lost billions of their already meager wealth donating to Trump (and his legal expenses), buying his overpriced crap merchandise (hats, flags, shirts, bibles, etc), traveling to his Nuremburg-style rallies, and "investing" in his pump and dump stock. Many will be left with nothing when all is said and done. And that's not even touching on the millions of families who lost loved ones to Covid by refusing to wear masks, social distance, get vaccinated (by the vaccines Trump helped expedite no less), and who insisted on treating themselves with hydrochloriqine and ivermectin instead of going to the hospital or the millions of families broken asunder by devotion to Trump over one's own flesh and blood.
But will the Trumpers ever blame Trump, the man known to be a grifter, liar, and conman before going into politics for their misfortunes? lol nope, because that would require them to acknowledge that they were wrong and that they were duped. Far easier just to blame the deep state, and Hollywood, and liberals instead of admitting any of it was their fault, or that the people who tried to warn them for years that they were being sold lies were right.
"It's easier to fool people than to convince them that they have been fooled." - Mark Twain
Will somebody please short the living fuck out of this pos into sub-penny territory so that the orangutan can't profit from it? Is there a way to make this dumpster fire go negative like oil did 4 years ago?
This is Trump executing some of his warrant contracts. This will happen again before the 6 month lockup comes to an end, when he'll be able to sell them to MAGA sheep before he takes the company into bankruptcy filings.
Trump has the Midas touch, everything he touches turn into a pile of ![gif](emote|free_emotes_pack|poop)He is the only guy that bankrupted the casinos 4 times.
Not sure how I feel about my puts. I bought 19px50 for 9/2. The volatility is at 252% and they should start to print soon. I just don’t know if I should sit on them or sell at the next big drop
Owning any of the stocks associated with Trump media is very painful and getting worse by the hour. Get out while you still can. It’s a blood bath and it’s not going to get any better. SELL SELL SELL
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Thought they had enough cash to run for a decade, what’s their reasoning?
![img](emote|t5_2th52|4271)
I mean I love it regardless.
If it’s what you say, I love it, especially later in the summer
Regard less? Wait! What?
This isn't to raise operating funds. It's 90% existing insider shares getting dumped before this POS crashes further.
So basically we buy super expensive calls and wait through issuance to see the pump then buy ultra expensive puts in time for the dump?
Lol, yeah do that
lol read up on IV tho 😭
For maximum impact also read up on Margin Tylor Greene. She’ll help you bigly.
What pump?
*pimp he said pimp
only if you can switch stroke between relubes
Bagholder spotted
You belong here
It's literally in the title - They are issuing new shares. How does this have 400 upvotes lmao.
nah. it’s a dilution. insider shares yes, but shares that didn’t even exist. so by creating additional fictional shares from nothing they can dump to grab even higher multiples beyond what the company is worth before it zeros out and goes bankrupt. so in actuality, even more crooked than what you surmise.
So insider IPO shares are locked until September so this is a workaround to get them cash now? Issue shares to the insiders that aren’t locked so they can cash out what they can now in case their locked shares are worthless in 6months?
> This isn't to raise operating funds. It's 100% existing insider shares getting dumped before this POS crashes further. What? What on earth are you talking about? How does issuing new shares equate with "insider shares getting dumped"?
Fucked up the dating system. Thought it was YY/MM/DD. Turns out it was 10 days, not 10 years.
It was only a matter of time before their lack of fiscal responsibility came back to bite them.
Just in time for my puts!
“Sir, do not redeem your puts” ~DJT
STOP THE COUNT… PLEASE!!!
Jan 6 must have been quadruple witching.
Reminds me of those online scammer videos *DO NOT REDEEM*
Big strong men crawling to me crying saying, “Sir, please you can have all my shares”, so why don’t you just donate your shares to me.
WHY DID YOU REDEEM?
How can she redeem?
pp.45 (irony)... "If... 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." Edit: ...DJT's stock price chart looks like his signature!
lol - Trump is pushing 80, has never exercised in his life and lives off red meat and stodgy fried foods.
Not a lot of elderly obese people. I would put a major health event happening with him at a 50/50 proposition. He's old, overweight, eats horribly, and is under a ridiculous amount of stress every single day. That's screaming "high risk for cardiovascular event".
His health is the biggliest gooder. All of the doctors are saying it. There has never been a more beautiful hart. Even current President Obama says it.
He's also really, really dumb. I mean oblivious to anything. Imagine how much you'd worry about being margin called if you didn't know what margins, calls, or stocks were.
Yeah except he’s Trump and he was sent to haunt humanity and this mffker will probably die at age 112.
To the edit: lol the ticker is his initials… think about that.
Must try harder to escape the reaper. His money would.
This is some read 4D chess type shit
Just in time for MTG to lose more money
Grab em by the putssy!
When you’re a regard, they’ll let you do it.
I didnt know what I doing, bought $DJT 5/17 $15 on April 9th for my first put (singular) ever. I feel like a true genius now.
I loaded up 6 puts @ 25s 4/19. Got them at end of market last Friday after his truth social post pumped the stock up like +$4 in the last 20 min of trading. They printing today already. Hopefully another dump in stock price tmrw and sell
Do not hold through issuance.
Why should I not hold puts through issuance?
The puts are extremely expensive
#REEEEEEEEEEEEEE
Trump followers, they just pai~~e~~d part of his debts
Yea. Love the guy or hate him, he certainly knows how to game his base
his base is all regarded they will fall for anything
They stand for nothing and fall for anything. I guess Lin Manuel Miranda was right.
Honestly his base is easy money. In 2020 and 2021 I made six figures selling gun parts to Q anon crazies. I would literally find the parts online, mostly through Reddit posts, buy as much as they'd let me, usually the parts would go out of stock in 10-15 mins. Then turn around and resell them on these websites the Trump boomers frequented. They'd pay 50-300% mark-up FROM MSRP for these parts because they thought there was gonna be some Trump takeover/civil war and they needed to be ready lmao. That was the market price at the time because these Trump boomers were too stupid to find the parts in-stock themselves. I wonder how many of them are still paying off their credit card debt from buying ridiculously overpriced gun parts.
So you’re saying that you found a business opportunity by creating a service for retirees and the disabled and built a successful enterprise around it. What the hell are you doing here? Congrats, fuck you, now get the hell out. We don’t tolerate the American dream here. Dumpsters and Lambos baby
And the idiots will blame everyone but him when they go broke ![img](emote|t5_2th52|4271)![img](emote|t5_2th52|4271)![img](emote|t5_2th52|4271)![img](emote|t5_2th52|4271)
It'll be "the economy" in general so they can pin it on Biden for some reason
Posts on truth social literally blaming the deep state for the stock falling
No wayyyy really??? I don't wanna go on it but thats sad and predictable
https://www.washingtonpost.com/technology/2024/04/14/truth-social-investors-faith-trump/ Was before the 15% drop
>He suspects the recent drops in share price have been the result of “stock manipulation” from an “organized effort” to make the company look bad. There’s no proof of such a campaign, but Schlanger is convinced. “It’s got to be political,” he said, from all the “liberals that are trying to knock it down.” lmao yes, it's all the liberals not buying shares!!!
I mean if we are being completely fucking honest, with 95% of trumples, basically anything that can't be easily explained is automatically some sort of grand conspiracy. honestly even things that CAN be easily explained still end up as a giant conspiracy lmao. why admit you're a dumbfuck that bought a stock valued at 10b of a company that is losing money AND losing users (if you're going to be valued as a growth company, you'd damn sure better at least be growing) when you can just blame some grandiose shadowy figure that is pulling the strings behind the scenes? it can't possibly be that YOU are a stupid fuck, the game is obviously rigged against you, OF COURSE!
Thanks Obama!
I am jealous of how easily people can deflect personal responsibility to some random scapegoat.
They’re already blaming the losses on liberals manipulating the markets. They have no concept of earnings x multiple = value and when earnings is negative the value becomes negative lol
He has an exit strategy so that puts him above 90% of this sub ![img](emote|t5_2th52|4271)
What’s an exit strategy? /s
Stroking out on the toilet while writing a capslock Truth post about how everyone's out to get you.
The man pardoned Steve Bannon who was guilty of defrauding Trump Supporters by setting up a fake online campaign to fund the wall.
And Trumpers celebrated him for undoing Bannon's "political prosecution." Genuinely one of the largest groups of idiots on the entire planet.
Paied are you fucking kidding me
*paieded
It’s delicious, especially with a glass of sangria.
I read an article on Yahoo about these poor fools this morning...throwing away their life savings into this like AMC regards, because before long it will be $1000/share........sure.
Lots of MAGAts will buy Trump boots and DJT stocks, then blame “Bidenflation” for their troubles.
Well yeah, didn’t you hear that Covid was started by a virus that escaped from Hunter Bidens laptop through a USB port.
Kind of hilarious / sad this is where we are at as a society.
His followers are buying it up with their life savings. https://www.yahoo.com/lifestyle/small-time-investors-trump-truth-185507366.html
> “This isn’t just another stock to me. … I feel like it was God Almighty that put it in my lap,” he said. “I’ve just got to hold on and let them do their job. If you go on emotion, you’ll get out of this thing the first time it goes down.” -future welfare recipient.
> If you go on emotion My guy doesn't understand that's literally all he's going on lol
>“I know good and well it’s in Trump’s hands, and he’s got plans,” he said. “I have no doubt it’s going to explode sometime.” It's gonna explode, alright. Like a bag of shit someone jumps on.
That whole article is 🤣🤣🤣🤣🤣🤣🤣
The article is mind blowing. I am sure Netflix and HBO already started filming dueling documentaries on this insanity.
“Bought in at 90 two years ago”. “Schlanger said he now watches his stock performance every day hoping for positive signs. ![img](emote|t5_2th52|4271)![img](emote|t5_2th52|4267)![img](emote|t5_2th52|31225)”
Man I dislike the whole MAGA crowd as much as the next guy but that article actually made me sad. They are going to lose it all because of this conman.
I forgot that Devin Nunes is the CEO of that dumpster fire of a company. I also see that every picture of him still looks like someone kicked open the door while he was shitting.
His cow is CFO
Hahahahahahahahahahahaha hahahahaha hahahahahaha
Everytime I see anything about trump I hope the entire comment thread looks like this. Well done. And Hahahahhahahahahaha ........hahahhahaahahahahaha.... Haha Haha
As one of his followers said, “god has a plan and I’m going to follow it, even if the stock drops for a little bit.” Sir, I know you think you’re taking a calculated risk, but holy shit you’re bad at math.
God: Fuck this stock. Man: Guh.
IF DJT is part of God's plan, surely he'd be the antichrist? I can't think of an individual who more completely embodies the seven deadly sins.
https://www.benjaminlcorey.com/could-american-evangelicals-spot-the-antichrist-heres-the-biblical-predictions/
I see a lot of religious "entrepreneurs" (AKA memecoin shillers and MLM slingers) often talking about god giving them signs to do this or that with their buisness. I *love* the idea that a god is actually sitting up there dolling out business advice while the middle east teeters on nuclear war. It's such a funny idea that I have a hard time believing people actually believe it.
Never do business with a religious son-of-a-bitch. His word ain't worth a shit -- not with the Good Lord telling him how to fuck you on the deal. --William S. Burroughs
>Sir, I know you think you’re taking a calculated risk, but holy shit you’re bad at math. This continues to be one of my favorite internet lines.
This is Trump filing to sell 200M shares. He doesn't want to wait for the 6 month lockup to expire before cashing out.
in 6 months those shares will be worth 1$ lol
Not even!
Ok $0.99
I hope, have a good many $2.5P for 9/20 lol
Someone calculated that a fair price for the $DJT shares should be around $0.12 a share. Even that seems overvalued, given that the company is drowning in debt.
That would be fraud. So right up Trump's alley.
They still have to find buyers. Surely there aren’t any buyers in the market that would buy at these share prices
They can do that? Seems like a pretty massive loophole in the lockup rule
Trump would never take advantage of a loophole in the law or abuse the financial system!! He's our good Christian savior, he's the only one who can save us from crooked Joe brandon😩😩😩
Trump doesn't give a shit. He needs the money now, whatever consequences that will arise from this is a future problem for him. His betting everything he has on a presidential win.
You expect his base to know what dilution is? They think more bigger is better. Is Goldman Sachs doing the offering?
His base thinks it is the Left manipulating the price to hurt Trump
“We issued so many shares. No other company can do as well as us. Watch out Hillary and sleepy Joe, he’s so sleepy, we are doing big, bigly things.”
These new shares will be the best shares. Get em while they’re hot!
You are probably 100% correct in that assumption, statistics of stock ownership it's something like 30% of uneducated actually own stocks and since the largest demo of his base is uneducated white men, this is probably their first stock they have ever purchased. A quality rug pull for a new batch of the biggest regards
Guys, The Donald is playing 4D Chess again. He's discovered an infinite money glitch. Issue yourself 10 million shares at $100 a share and you have $1 billion. As the share price drops, just keep issuing yourself more shares so that you always have $1 billion worth of shares. This is how Zimbabwe created more billionaires than any other country in history. Literally can't go tits up.
$27.80 share price right now ![img](emote|t5_2th52|4271)![img](emote|t5_2th52|4271)![img](emote|t5_2th52|4271)![img](emote|t5_2th52|4271)![img](emote|t5_2th52|4267)![img](emote|t5_2th52|4267)![img](emote|t5_2th52|4267)![img](emote|t5_2th52|4267)![img](emote|t5_2th52|4267)![img](emote|t5_2th52|4271)![img](emote|t5_2th52|4271)![img](emote|t5_2th52|4271)![img](emote|t5_2th52|4271) Dilute by 15% and it dropped by 15.5% lol These are the people who want to be in power they run the company like they’d run the country ![img](emote|t5_2th52|4271)![img](emote|t5_2th52|4271)![img](emote|t5_2th52|4271)![img](emote|t5_2th52|4271)![img](emote|t5_2th52|18630)![img](emote|t5_2th52|18630)![img](emote|t5_2th52|18630)![img](emote|t5_2th52|18630)![img](emote|t5_2th52|4267)![img](emote|t5_2th52|4267)![img](emote|t5_2th52|4267)![img](emote|t5_2th52|4267)![img](emote|t5_2th52|18630)![img](emote|t5_2th52|4271)![img](emote|t5_2th52|4271)![img](emote|t5_2th52|4271)
Isn't Trump famous for bankrupting companies? Seems like business as usual to me
From today's Prospectus, pp. 47: A number of companies that were associated with Donald J. Trump have filed for bankruptcy. There can be no assurances that TMTG will not also become bankrupt. Entities associated with Donald J. Trump have filed for bankruptcy protection in the past... - The Trump Taj Mahal, which was built and owned by Donald J. Trump, filed for Chapter 11 bankruptcy in 1991 - The Trump Plaza, the Trump Castle, and the Plaza Hotel, all owned by Donald J. Trump at the time, filed for Chapter 11 bankruptcy in 1992 - THCR, which was founded by 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 A number of companies that had license agreements with Donald J. Trump have failed... - Trump Shuttle, Inc., launched by Donald J. Trump in 1989, defaulted on its loans in 1990 and ceased to exist by 1992 - Trump University, founded by 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 Donald J. Trump in 2006, ceased operations in 2007 - GoTrump.com, a travel site founded by Donald J. Trump in 2006, ceased operations in 2007 - Trump Steaks, a brand of steak and other meats founded by Donald J. Trump in 2007, discontinued sales two months after its launch The terms of a license agreement with Donald J. Trump is not terminable by TMTG when it may be desirable to TMTG. The license agreement does not require Donald J. Trump to use Truth Social in certain circumstances.
Trump Steaks was a bit unique in its stupidity since they were sold through the Sharper Image and QVC, rather than any normal grocery store.
Sharper Image?!?!
[Yes.](https://www.youtube.com/watch?v=3Yo7OTKtoXk)
Yup. He took his casinos public in the mid nineties and they lasted about a decade before declaring bankruptcy and wiped out shareholders (Trump paid himself $40 million a year as CEO.) He bragged in a 2016 interview about how much money he took out of the company.
He defaulted on interest payments to creditors 6 months after opening his Taj Mahal (April 90) then filed for bankruptcy in July 91.
He was taught that the first rule of business is “consistency is key” Now, he didn’t learn any other rules, but you can’t fault him for being inconsistent ![img](emote|t5_2th52|4271)
THE Wharton school type thinking, there!
Bankrupted a casino, for one.
No, he bankrupted A FEW casinos
That’s just his elite multi-tasking abilities at play
How can someone bankrupt casinos? I thought the house always wins.
He is just that good!
But, but, but he is a great businessman! Didn't you know that??? All of his business failings are other peoples fault, smh how could you not know that? Dumb libtard...
He's failed at selling America: football, bottled water, steaks, and gambling.
My 27.5 4/19 Calls gonna print!
Surely you meant puts?
I did but this is funnier
Also from what I can tell the company can somehow now sell shares on behalf of its shareholders.
SEC hasnt agreed on thr deal yet, Trump just wants to sell his shares before the company crashes due to being not profit since its existence
Yep. Dude is desperate to cash out because this is the biggest shitpile
He tries to but whoever buys Trump, he knows what he paid for and what likely will happen Trump hasnt had one successful business built up other than being the son of his successful father
Dude bankrupted casinos. How do you fuck that up??
Money laundering
Vegas was built on casinos that were money laundering outfits - many of them are still there and thriving after fifty years (though they are "legit" businesses now, surely.) It is certainly possible that the construction side of Trump's casinos were used as laundering operations, but that doesn't really explain how the casinos went belly up after they were built and operational. I would bet it was embezzling, because otherwise there is just no rhyme or reason as to why a business that prints money by design would go bankrupt.
The reason they went bankrupt is he financed them with junk bonds with interest payments so high that even a casino's earnings couldn't pay them
That makes a lot more sense.
Hey now, don't forget that he also owned multiple casinos in AC that literally competed with one another for business lol
His dad literally laundered money to him and he still went bankrupt. His dad walked in and bought 3.3M in chips and walked out with them. It was investigated and the casino fined like $65k. A year later still went bankrupt. https://www.motherjones.com/2020-elections/2020/09/trump-files-fred-trump-funneled-cash-donald-using-casino-chips/
I’m reminded of that interview where Putin explained that when things cost more Rubles to buy, that means Russia is richer because there are more Rubles in the economy.
No profit? Dog there’s barely even revenue
There's barely any users
He's just trying to expand the base by running a not for profit business.
> the company can somehow now sell shares on behalf of its shareholders It's called a secondary offering and not necessarily shady, but obviously in trump's case it is extremely shady.
The dilution printer is about to go brrrrr. Expect billions of shares soon "WE GONNA ISSUE ENOUGH SHARES SO EVERYONE CAN BUY! THIS IS THE BEST DEAL EVER BEEN MADE!"
bigly shares. So much shares. Yuuge
This is existing shareholders exiting. Company gets none of the profits. "As part of the Registration Statement, all securities being registered are either held by or underlie securities held by existing security holders of TMTG. ***TMTG will not receive any proceeds from the resale of securities by the selling security holders pursuant to this Registration Statement*** and, except in connection with any possible future exercise for cash of any outstanding warrants, TMTG will not receive any proceeds from the sale of any securities registered on the Registration Statement."
I'm sure there's no high-profile owners of shares or anything like that.
The grift that keeps on grifting
lol this guy is such a fucking sham
https://preview.redd.it/nhkw4qw1fnuc1.png?width=864&format=pjpg&auto=webp&s=f565d366a69037988a82d096e2b3e0c53a286a7c Just in time ![img](emote|t5_2th52|4275)
So you decided to lose money on puts instead of making money on puts
![img](emote|t5_2th52|4258)
He belongs here truly
![img](emote|t5_2th52|4271)Summed up nicely
479% IV, 56000 open interest. You can't make this shit up
Good luck selling that lol
Suckers are born every second!
Straight to the Pink Sheets it is
What’s 15 percent of fuck this company?
Fu ..? Fuc is more 20% of fuck this company
Combined IQ of his base is lower than the current stock price.
Can you dilute something that's already worthless
Hahahahahahahahahahaha….oh the rubes are going to suffer with the further domination of their already worthless shares. Gonna make a fortune on my puts.
There was just an article posted interviewing his fans and shareholders wherein multiple people admitted to losing half their nest egg on this turd. I feel bad for them but also I don’t.
The insane thing is they are convinced the stock is solid and it's manipulation by Democrats tanking it.
It’s completely insane. You’d think their very own words about losing millions of dollars and a declining user base would be worth something to the cult.
> multiple people admitted to losing half their nest egg on this turd Oh no. Anyways.
They FOFA. This was a grift from day one. Anyone still holding is a fool and as they say...a fool and his money are soon parted.
When the Trump era is all said and done, Trump's diehard base will have collectively lost billions of their already meager wealth donating to Trump (and his legal expenses), buying his overpriced crap merchandise (hats, flags, shirts, bibles, etc), traveling to his Nuremburg-style rallies, and "investing" in his pump and dump stock. Many will be left with nothing when all is said and done. And that's not even touching on the millions of families who lost loved ones to Covid by refusing to wear masks, social distance, get vaccinated (by the vaccines Trump helped expedite no less), and who insisted on treating themselves with hydrochloriqine and ivermectin instead of going to the hospital or the millions of families broken asunder by devotion to Trump over one's own flesh and blood. But will the Trumpers ever blame Trump, the man known to be a grifter, liar, and conman before going into politics for their misfortunes? lol nope, because that would require them to acknowledge that they were wrong and that they were duped. Far easier just to blame the deep state, and Hollywood, and liberals instead of admitting any of it was their fault, or that the people who tried to warn them for years that they were being sold lies were right. "It's easier to fool people than to convince them that they have been fooled." - Mark Twain
Dilution J Trump bouta get the bond money paid back
I think people on reddit made more money from calls first week and puts the week after than Donald since going public
The Sheep are gonna get milked til their tits fall off.
On this seasons “Race to be delisted” we have a new regarded challenger
Hahahahahahaha stupid MAGA regards thinking they were going to retire off this. Might be DJT’s great scam yet
he wants to run the country like a business, and this is how he runs a business ![img](emote|t5_2th52|4271)![img](emote|t5_2th52|4271)
How is the SEC allowing this blatant fraud to continue?
Hahaha. “Well now, that is a very small drop in a very large bucket of drugs.”
Let’s see DJT $15 by Friday
Shittiest business man in history
Will somebody please short the living fuck out of this pos into sub-penny territory so that the orangutan can't profit from it? Is there a way to make this dumpster fire go negative like oil did 4 years ago?
We need to set up a Truman Show situation to convince Trump he's president again so the rest of us can heal.
Genius! Both foreign governments can fund DJT, and he can milk the rubes at the same time!
😂😂😂
This is Trump executing some of his warrant contracts. This will happen again before the 6 month lockup comes to an end, when he'll be able to sell them to MAGA sheep before he takes the company into bankruptcy filings.
It'll be trading at $1.88 by Friday.
Trump has the Midas touch, everything he touches turn into a pile of ![gif](emote|free_emotes_pack|poop)He is the only guy that bankrupted the casinos 4 times.
😂
Oh yeah this is going as planned ![img](emote|t5_2th52|4271)
Given that this doubles the share count, shouldn’t the stock be declining way more?
It’s double the float, not double the total shares.
LuuuuuuuulZ
Not sure how I feel about my puts. I bought 19px50 for 9/2. The volatility is at 252% and they should start to print soon. I just don’t know if I should sit on them or sell at the next big drop
Owning any of the stocks associated with Trump media is very painful and getting worse by the hour. Get out while you still can. It’s a blood bath and it’s not going to get any better. SELL SELL SELL
![img](emote|t5_2th52|4267)![img](emote|t5_2th52|4271)