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Trump and money

Donnie, must be happy. For the first time in a week Trump Media closed up for the day. Up 30 cents.
 
I guess it was just a one day reprieve. Down $3.75 so far today. Another 10 percent. And now the Board is trying to remove the 6 month trading lock.
 
acbytesla said:
I guess it was just a one day reprieve. Down $3.75 so far today. Another 10 percent. And now the Board is trying to remove the 6 month trading lock.
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Because they're all financially ********** if the stocks trade for even one more day without them selling up.

This is such an obvious case of fraud that every man jack among them should be in custody awaiting trial right now.
 
Gulliver Foyle said:
Because they're all financially ********** if the stocks trade for even one more day without them selling up.
This is such an obvious case of fraud that every man jack among them should be in custody awaiting trial right now.
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Who is and why? I admit to not understanding this much, but it does seem like the $3B value of Trump Media comes from the market not from substantial financial backing from Trump or his clagnuts. Assuming they can sell without collapsing the share price, it does seem like more or less free money raised just off of Trump's name.
 
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Shrinker said:
Who is and why? I admit to not upstanding this much, but it does seem like the $3B value of Trump Media comes from the market not from substantial financial backing from Trump or his clagnuts. Assuming they can sell without collapsing the share price, it does seem like more or less free money raised just off of Trump's name.
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My understanding is the same as yours. President Trump and his partners have put little or none of their own money into this and the valuation of the company is based on what investors are willing to pay for shares.

Whether or not President Trump and his business partners will be able to sell without collapsing the share price will depend on whether there is sufficient demand for shares to withstand a huge number coming onto the market. Ordinarily, the company founders wanting to get out in a hurry would crash the price but in this case they could get away with things if one or both of the following happens....

There are enough MAGA supporters to pony up the $billions to enable or orderly exit.

One or more large buyers can be found outside the main market (for example the Saudi or Russian governments) to buy President Trump's shareholding.

I'm sadly confident that President Trump will get his billions, foreign governments will get their leverage and it'll be the MAGA crowd who end up carrying the can.
 
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Shrinker said:
Who is and why? I admit to not upstanding this much, but it does seem like the $3B value of Trump Media comes from the market not from substantial financial backing from Trump or his clagnuts. Assuming they can sell without collapsing the share price, it does seem like more or less free money raised just off of Trump's name.
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All the initial investors who bought the holding company stock on the understanding that it was a pump and dump scam, most of whom are either board members or have their placeholders on it.
 
The Great Zaganza said:
That's going to boost investors confidence in the stock
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Are there any "real" investors at this stage ?

As I see it those who are buying shares are either MAGA supporters who have total belief in their great leader or speculators who reckon they can make some money before the shares tank

Of course I said the same about bitcoin a few years ago and I couldn't have been more wrong. :o
 
well maybe about bitcoin itself, but you couldn’t count the number of crypto pump and dump scams if you tried
 
The Don said:
My understanding is the same as yours. President Trump and his partners have put little or none of their own money into this and the valuation of the company is based on what investors are willing to pay for shares.

Whether or not President Trump and his business partners will be able to sell without collapsing the share price will depend on whether there is sufficient demand for shares to withstand a huge number coming onto the market. Ordinarily, the company founders wanting to get out in a hurry would crash the price but in this case they could get away with things if one or both of the following happens....

There are enough MAGA supporters to pony up the $billions to enable or orderly exit.

One or more large buyers can be found outside the main market (for example the Saudi or Russian governments) to buy President Trump's shareholding.

I'm sadly confident that President Trump will get his billions, foreign governments will get their leverage and it'll be the MAGA crowd who end up carrying the can.
.
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I'm guessing it's not possible or legal but I can fully imagine Trump selling his shares individually at rallies for $199 with a signed photo.
 
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slyjoe said:
How to lose money in the stock market:

Trump media just said they were going to issue 21.5 million additional shares, sending the price down.

https://www.cnn.com/2024/04/15/investing/trump-stock-new-shares/index.html
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Thanks for posting this. What isn't clear is when?

When will they issue new shares? Today? Next week? 6 months from now? It also allows individuals with warrants to buy stock at a specific set price. That "set" price might be very different for different warrant holders. It might be a dollar or 30 dollars.

If you bought Trump media on March 27 close price and sold at the current price, you would have lost more than 60 percent of your investment in under three weeks.

Congratulations!
 
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