Trump and money

[Shrinker]

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!

The potential for a new share issue has been known for some time. No shareholder should be surprised by the shares turning to dust in their hands. And yet here we are, people are still buying the the stock.

I read this sometime list week...

https://www.forbes.com/sites/johnto...mp-media-stock-djt-nowan-implosion-is-coming/
Sell Trump Media Stock (DJT) Now - An Implosion Is Likely

Atop the previously discussed negative facts are these destructive issues:
...
Highly diluting "bonus" 40M share issuance if the stock can remain above $17.50 for 20 of 30 days. (Counting the March 26 merger day, the number on April 12 would be 18.)

 

[beachnut]

The DJT stock could go broke, and investor holding zero.

DJT stock is a con. Hopefully will hit below 2 dollars before clownstick can cash out shares.

Maybe he will do a Martha Stewart

Does DJT stock have a book value per share? wow (too bad clownstick can't get Elon to buy it out)

 

[Mike!]

Every time I look at this thread title, I hear the tune, "Love and Marriage*" play in my head.

*AKA The theme from 'Married With Children'.

Trump and Money
Trump and Money
That they're together
Well it's just too funny...

 

[rjh01]

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!

The price will need to be less than the stock market price. If it were more than the stock market price people who want to buy shares would do so from the stock market.

 

[acbytesla]

The price will need to be less than the stock market price. If it were more than the stock market price people who want to buy shares would do so from the stock market.

My experience is it usually doesn't start out that way. But of course, that is only my experience. I exercised a thousand share warrants ten years after I received them. I held on to them as long as I could always hoping the price would increase.

 

[shemp]

The DJT stock could go broke, and investor holding zero.

DJT stock is a con. Hopefully will hit below 2 dollars before clownstick can cash out shares.

Maybe he will do a Martha Stewart

Does DJT stock have a book value per share? wow (too bad clownstick can't get Elon to buy it out)

2 dollars. At this rate it'll be a pennies before he can sell.

 

[acbytesla]

2 dollars. At this rate it'll be a pennies before he can sell.

Opened at $27.00

Closed at $22.84.

Down 14.17 percent today and still falling in after hours trading.

 

[William Parcher]

Trump’s stock tumbles again after Truth Social announces it’s getting into streaming.

https://www.cnn.com/2024/04/16/investing/trump-stock-djt-truth-social-streaming

 

[JayUtah]

Usually your stock goes up when you announce your entrance into a new business sector. Or am I missing something?

 

[dirtywick]

well it's pretty obviously just desperate throwing things to the wall to see what sticks to keep this afloat for 5 months so trump can cash out.

this is not a real company

 

[Orphia Nay]

well it's pretty obviously just desperate throwing things to the wall to see what sticks to keep this afloat for 5 months so trump can cash out.

this is not a real company

It’s a gigantic balloon of hot air with a MAGA sticker slapped on it.

 

[W.D.Clinger]

It’s a gigantic balloon of hot air with a MAGA sticker slapped on it.

Tacked on.

 

[Skeptic Ginger]

He doesn't need to cash out if, like I suspect, he's using it as collateral for his bonds. It was never mentioned in all the investigative reporting that he had anything liquid like stock shares until very recently. What stocks does he have besides his media shares?

 

[Norman Alexander]

He doesn't need to cash out if, like I suspect, he's using it as collateral for his bonds. It was never mentioned in all the investigative reporting that he had anything liquid like stock shares until very recently. What stocks does he have besides his media shares?

I rather doubt any savvy bonding agent would accept rapidly tanking joke meme stock as collateral for a multi million dollar bond.

 

[Orphia Nay]

Tacked on.

No, that happens when Trump goes back to Twitter.

 

[Andy_Ross]

Trump gets hit right in his pride. Bloomberg has dropped him from their billionaires list.

 

[Orphia Nay]

Trump gets hit right in his pride. Bloomberg has dropped him from their billionaires list.

Does that mean they did that because Trump’s no longer a billionaire?

 

[acbytesla]

He doesn't need to cash out if, like I suspect, he's using it as collateral for his bonds. It was never mentioned in all the investigative reporting that he had anything liquid like stock shares until very recently. What stocks does he have besides his media shares?

I rather doubt any savvy bonding agent would accept rapidly tanking joke meme stock as collateral for a multi million dollar bond.

Yeah, I don't think so.

Who would accept a stock that has lost half of its value in ten days? It could easily be worthless long before a ruling is made on Trump’s appeal.

 

[Shrinker]

Does that mean they did that because Trump’s no longer a billionaire?

No, it's their richest 500 billionaires list. His net worth is still double what it was a few weeks ago so he'd presumably only been briefly on the list anyway.

 

[acbytesla]

No, it's their richest 500 billionaires list. His net worth is still double what it was a few weeks ago so he'd presumably only been briefly on the list anyway.

That's a big assumption. That's all based on a stock for a company that lost 58 million dollars against 4 million dollars in sales. A company whose stock was worth twice as much two weeks ago. Can you say vapor value?