thyme4change
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Post by thyme4change on Apr 1, 2024 12:58:48 GMT -5
BankruptcieS X 6. Glad I could help. Now that Trump is selling bibles, he has told us his favorite passage - chapter 13.
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Cheesy FL-Vol
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Post by Cheesy FL-Vol on Apr 1, 2024 13:51:35 GMT -5
Now that Trump is selling bibles, he has told us his favorite passage - chapter 13. verse 666?
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happyhoix
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Post by happyhoix on Apr 1, 2024 14:33:21 GMT -5
it is back to $62 today. i hope you pocketed your profit. i think i am going to buy this put tomorrow: finance.yahoo.com/quote/DJT241115P00022500it is pretty much an election bet. i doubt i will make much off it.but as i said before, i think the stock is worth about $5. PS- what you should really do with ANY Trump investment is a stop loss order. you are aware that he bankrupted Trump hotels, right? I got busy and didn't buy anymore. I''ll wait for a few more days and see where it goes. I heard about Trumps bankruptcy. It's a risk of business. As long as it is not criminal. Oh well, I hope Rip cashed out already. Stock tanked.
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mollyanna58
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Post by mollyanna58 on Apr 1, 2024 15:00:59 GMT -5
I got busy and didn't buy anymore. I''ll wait for a few more days and see where it goes. I heard about Trumps bankruptcy. It's a risk of business. As long as it is not criminal. Oh well, I hope Rip cashed out already. Stock tanked. Hardly a surprise. I keep seeing headlines about Trump losing $Xbillion as DJT falls, but he never actually had it in the first place.
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happyhoix
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Post by happyhoix on Apr 1, 2024 15:21:34 GMT -5
Oh well, I hope Rip cashed out already. Stock tanked. Hardly a surprise. I keep seeing headlines about Trump losing $Xbillion as DJT falls, but he never actually had it in the first place. True, but it does help highlight the theory that everything Trump touches turns to shit. So much for the bigly genius. I saw that Trump’s loyal toady Nunes earned 700K, I assume since he took the job and not just last year.
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djAdvocate
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Post by djAdvocate on Apr 1, 2024 17:58:12 GMT -5
I got busy and didn't buy anymore. I''ll wait for a few more days and see where it goes. I heard about Trumps bankruptcy. It's a risk of business. As long as it is not criminal. Oh well, I hope Rip cashed out already. Stock tanked. Trump lost over $700M on paper today. L.O.S.E.R.
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djAdvocate
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Post by djAdvocate on Apr 1, 2024 17:59:21 GMT -5
Oh well, I hope Rip cashed out already. Stock tanked. Hardly a surprise. I keep seeing headlines about Trump losing $Xbillion as DJT falls, but he never actually had it in the first place. NOPE. it was built on his worthless brand. watch it tank. the only thing propping it up are the aspirations of his minions.
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Tennesseer
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Post by Tennesseer on Apr 1, 2024 18:04:24 GMT -5
I got busy and didn't buy anymore. I''ll wait for a few more days and see where it goes. I heard about Trumps bankruptcy. It's a risk of business. As long as it is not criminal. Oh well, I hope Rip cashed out already. Stock tanked. Did Rip cash out? Maybe he didn't. May the stock keep on plunging. Trump Media shares plunge after company reports $58 million loss in 2023Former President Trump’s social media company plunged in the stock market after reporting a $58 million annual loss in Monday regulatory filings. Shares of Trump Media & Technology Group, the parent company of Trump’s Truth Social platform, closed with a loss of 21.4 percent Monday. The price of a share dropped to $48.66 by the end of trading Monday, falling $13.30 from its opening price of $59.83. Trump Media merged with “blank check” company Digital World Acquisition Corp. (DWAC) in March, allowing Trump’s social media company to become publicly traded. DWAC shares closed at just less than $50 the day before the newly combined company hit the stock market. The nosedive in Trump Media shares came after the company reported a loss of $58 million last year in Monday filings with the Securities and Exchange Commission (SEC). Trump Media made $4.1 million in revenue in 2023 — and roughly $750,000 in the fourth quarter of 2023 — compared to $16 million spent on operating expenses and $39.4 million on interest expenses, according to the filing. Rest of article: Trump Media shares plunge after company reports $58 million loss in 2023
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djAdvocate
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Post by djAdvocate on Apr 1, 2024 18:09:29 GMT -5
it would be so pleasing if this stock went to under $10 before he could cash out.
that would leave him with about the same amount of money he owes to NY, and zero ownership in DJT.
just think! that could all happen before election!
dare to dream!
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minnesotapaintlady
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Post by minnesotapaintlady on Apr 1, 2024 18:18:05 GMT -5
Oh well, I hope Rip cashed out already. Stock tanked. Did Rip cash out? Maybe he didn't. May the stock keep on plunging. I thought he only bought on the first day and bailed within hours after making some quick cash?
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djAdvocate
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Post by djAdvocate on Apr 1, 2024 18:36:09 GMT -5
PS- not that it matters, but it is down another buck after hours.
edit: it finished down over $2 after hours. it lost 25% of it's value today, if you include the AH loss.
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tallguy
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Post by tallguy on Apr 1, 2024 19:10:23 GMT -5
I thought he only bought on the first day and bailed within hours after making some quick cash? nope. he was chirping about a $1700 paper gain. since that time, he has lost all of that and at least $1000 in addition. of course he might gain all of that back tomorrow, and be back crowing about how great things are in Trumplandia. but that ship is the Pequod, imo. and the great white whale is Trump. Don't think so.
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djAdvocate
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Post by djAdvocate on Apr 1, 2024 19:46:06 GMT -5
nope. he was chirping about a $1700 paper gain. since that time, he has lost all of that and at least $1000 in addition. of course he might gain all of that back tomorrow, and be back crowing about how great things are in Trumplandia. but that ship is the Pequod, imo. and the great white whale is Trump. Don't think so. good catch. now that you reposted it, i remember seeing that. well done, rip. you are in a very small group that has made money off Trump.
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djAdvocate
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Post by djAdvocate on Apr 1, 2024 19:46:54 GMT -5
Trump's share of DJT lost a billion dollars today.
i will never tire of him losing.
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resolution
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Post by resolution on Apr 1, 2024 20:11:36 GMT -5
Nothing that a sharpie can't fix...
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ripvanwinkle
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Post by ripvanwinkle on Apr 1, 2024 21:12:12 GMT -5
I took the money and bought 12 shares of ARM. I'll give DJT a look in about a week.
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dondubble
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Post by dondubble on Apr 1, 2024 21:18:16 GMT -5
I took the money and bought 12 shares of ARM. I'll give DJT a look in about a week. You could have taken the $1700 (house money) and shorted on margin! Kaching!🤑🤑🤑
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ripvanwinkle
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Post by ripvanwinkle on Apr 1, 2024 23:46:42 GMT -5
I took the money and bought 12 shares of ARM. I'll give DJT a look in about a week. You could have taken the $1700 (house money) and shorted on margin! Kaching!🤑🤑🤑 I'm not setup to do margins or short sales. I don't know how how to do it anyway. Seems risky.
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dondubble
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Post by dondubble on Apr 2, 2024 0:10:28 GMT -5
You could have taken the $1700 (house money) and shorted on margin! Kaching!🤑🤑🤑 I'm not setup to do margins or short sales. I don't know how how to do it anyway. Seems risky. No broker? And yes it can be risky but not this time.
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resolution
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Post by resolution on Apr 2, 2024 6:50:06 GMT -5
I only ever invest in index and mutual funds, but I have to admit this stock tempted me to learn how to short stocks. The whole infinite risk thing (if the stock value gets bailed out by Russia or China) is too much of a turn off. I have a regular brokerage account at Vanguard but I have never applied to get their permissions for margin trading.
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Tennesseer
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Post by Tennesseer on Apr 2, 2024 9:01:57 GMT -5
Nothing that a sharpie can't fix... The Borowitz Report heard you. Desperate Trump Tries To Fix Plunging Stock Price With SharpiePALM BEACH (The Borowitz Report)—An ugly scene unfolded at Mar-a-Lago on Monday as an increasingly apoplectic Donald J. Trump watched the stock price of his newly listed Trump Media & Technology Group plummet. Incensed by CNBC’s graph tracking his stock’s dizzying descent, Trump uncapped a black Sharpie and started defacing the TV screen in a desperate attempt to halt the slide. After Eric Trump whined that his father was “wrecking the TV,” the indicted businessman hurled the Sharpie at his son, disfiguring his forehead. Across the country, members of the MAGA movement who invested in Trump Media were reportedly in a state of shock that a company run by Donald Trump could lose money. Trump took to Truth Social to offer them an explanation for his stock’s humiliating crash. “Everything is Going To Hell under JOE BIDEN!” he claimed. Meanwhile, in a sign of his fading fortunes, Trump has started calling his wife Mazda. link
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thyme4change
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Post by thyme4change on Apr 2, 2024 15:30:36 GMT -5
Nothing that a sharpie can't fix... The Borowitz Report heard you. Desperate Trump Tries To Fix Plunging Stock Price With SharpiePALM BEACH (The Borowitz Report)—An ugly scene unfolded at Mar-a-Lago on Monday as an increasingly apoplectic Donald J. Trump watched the stock price of his newly listed Trump Media & Technology Group plummet. Incensed by CNBC’s graph tracking his stock’s dizzying descent, Trump uncapped a black Sharpie and started defacing the TV screen in a desperate attempt to halt the slide. After Eric Trump whined that his father was “wrecking the TV,” the indicted businessman hurled the Sharpie at his son, disfiguring his forehead. Across the country, members of the MAGA movement who invested in Trump Media were reportedly in a state of shock that a company run by Donald Trump could lose money. Trump took to Truth Social to offer them an explanation for his stock’s humiliating crash. “Everything is Going To Hell under JOE BIDEN!” he claimed. Meanwhile, in a sign of his fading fortunes, Trump has started calling his wife Mazda. linkOnly 40% of this is satire.
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Tennesseer
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Post by Tennesseer on Apr 2, 2024 15:39:54 GMT -5
The Borowitz Report heard you. Desperate Trump Tries To Fix Plunging Stock Price With SharpiePALM BEACH (The Borowitz Report)—An ugly scene unfolded at Mar-a-Lago on Monday as an increasingly apoplectic Donald J. Trump watched the stock price of his newly listed Trump Media & Technology Group plummet. Incensed by CNBC’s graph tracking his stock’s dizzying descent, Trump uncapped a black Sharpie and started defacing the TV screen in a desperate attempt to halt the slide. After Eric Trump whined that his father was “wrecking the TV,” the indicted businessman hurled the Sharpie at his son, disfiguring his forehead. Across the country, members of the MAGA movement who invested in Trump Media were reportedly in a state of shock that a company run by Donald Trump could lose money. Trump took to Truth Social to offer them an explanation for his stock’s humiliating crash. “Everything is Going To Hell under JOE BIDEN!” he claimed. Meanwhile, in a sign of his fading fortunes, Trump has started calling his wife Mazda. linkOnly 40% of this is satire.
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thyme4change
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Post by thyme4change on Apr 2, 2024 16:50:21 GMT -5
Only 40% of this is satire. I stand by my assessment.
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Tennesseer
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Post by Tennesseer on Apr 2, 2024 17:25:25 GMT -5
I stand by my assessment. I understand. Satire often involves verified facts. Satire just makes fun of them.
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djAdvocate
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Post by djAdvocate on Apr 2, 2024 21:53:12 GMT -5
I took the money and bought 12 shares of ARM. I'll give DJT a look in about a week. i won't even guess where it will be in a week. could be 70. could be 40.
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djAdvocate
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Post by djAdvocate on Apr 2, 2024 21:55:22 GMT -5
I only ever invest in index and mutual funds, but I have to admit this stock tempted me to learn how to short stocks. The whole infinite risk thing (if the stock value gets bailed out by Russia or China) is too much of a turn off. I have a regular brokerage account at Vanguard but I have never applied to get their permissions for margin trading. you have to be nearly positive it will tank to take a short position. any other feelings a person have should be pushed aside, in the interests of self preservation. having said that, the odds favor shorting. companies fail more often than they succeed. particularly in the long haul.
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Tennesseer
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Post by Tennesseer on Apr 2, 2024 22:00:03 GMT -5
Donald Trump Petition Calls for Him to Face Fraud InvestigationThousands have signed a petition demanding that Donald Trump be investigated regarding securities fraud after shares of the former president's social media company spiked—then plummeted—within its first week of going public. Shares of Trump Media & Technology Group (TMTG), under the ticker "DJT," closed out its first day of trading 16 percent higher than it started after the company completed its merger with Digital World Acquisition Corp. (DWAC) on March 25. At closing on the following day, stock prices for DJT had risen to $58 a share, and had at one point reached $75. Trump owns roughly 58 percent of the company's stock. But a week later, after TMTG disclosed in a filing that it had lost more than $58 million in 2023, shares of DJT plunged 21 percent, closing out Monday at $48.66 a share. Reuters reported that the company said in its filing that it would struggle to meet its "financial liabilities" moving forward, and Ross Benes, analyst at Insider Intelligence, told the outlet that TMTG "was overvalued and that reality is dragging down the stock." Progressive activist network Left Action on Tuesday created a petition asking that officials "Investigate whether Trump should be charged with securities fraud for the Truth Social stock crash." The petition, created on social networking site Care2, has a goal of 10,000 signatures. At the time of publication, it had garnered nearly 5,100 supporters. "Just days after it went public, and its stock price placed its value in the billions, Donald Trump's 'Truth Social' crashed back to Earth, with that same stock dropping like a rock," the petition reads. "Why? Because the $50 million profit it said it made in 2022 had turned into a loss of $58 million in 2023—with only $4 million in total revenue." "In short, it was a disastrous performance—but the numbers weren't revealed until after the stock went public, meaning those buying the stock were left in the dark until it was too late—and their investments had collapsed in value," Left Action continued. "Maybe this is all legit, and maybe it was simply a case of the most dazzlingly fortunate timing one could hope for. Or maybe critical information was withheld in order to keep the true state of the company out of the spotlight." "No doubt, anyone foolish enough to buy into Trump's promises was probably someone who would lose their money on some idiotic venture soon enough. But fraud is fraud, and there are laws, and Donald Trump is not above them." Rest of article here: Donald Trump Petition Calls for Him to Face Fraud Investigation
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ripvanwinkle
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Post by ripvanwinkle on Apr 2, 2024 22:24:51 GMT -5
Can someone explain the reason for the gag order on Trump? Doesn't this violate his free speech rights? What are they afraid of? How could his talking hurt their case? Just wondering.
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billisonboard
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Post by billisonboard on Apr 2, 2024 22:35:02 GMT -5
Can someone explain the reason for the gag order on Trump? Doesn't this violate his free speech rights? What are they afraid of? How could his talking hurt their case? Just wondering. It is to prevent him from inciting violence against court personnel and witnesses like he did on January 6th.
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