It's be a penny stock by the time he's allowed to sell.

---

How does Danny Hart sit down with balls that big?

It see it only down 1%.

badum tiss. Sorry.


That seems to be the statement causing concern. Granted I know very little about the series of mergers and transactions involved, but I'm confused about that. Truth Social is a relatively small, presumably lean, company. They used mostly open source code, aren't that big. (reportedly about 5M users compared to over 3B for FB or something over 200M for Twitter) And I thought the IPO was pretty big - wouldn't the capital raised easily cover outsanding startup debt?

But maybe the issue is that Trump wants all the money for himself, not to capitalize Truth Social, which may be a money-losing operation for the forseeable future?

Now down 23% for those who are curious how the dump phase is going.

---

How does Danny Hart sit down with balls that big?

What's the jump-back-in floor for the inevitable dead-cat-bounce rebound?

Seems like a banner trump business- $4.1 M in revenue, $58M in costs.

$6.8B valuation, my ass.

---

Suffer Well.

Already happened around 10:30 this morning, when it "bounced" from 52.x to 54.x.

Damn, schadenfreude is strong today...

---

----------------------------------
"Go yell at an M&M"

The Powerball lottery, currently over $1B, wouldn't cover today's losses in DJT. Now at $5.3B.

---

----------------------------------
"Go yell at an M&M"

I think that some of the savy investors actually like it because trump's involvement makes it predictable. It makes it easier to know what the end game is for the owners - which is to pump and dump and leave others holding worthless stock. They don't have to wonder if the owners will actually do something to revive it because that has never been the plan. In the end, it will go out of business - probably within a year, if that.

MAGA will lose their investments and still think trump is the greatest businessman ever.

I just really hope it is the little MAGA investor that end up being the bag holders here. They really need to feel the pain of their loyalty to this charlatan, and perhaps a pocket book disaster would finally wake them up. The big players of course are playing this as we all knew it would end up, so rich get richer and the emotional marks left holding the proverbial bag..

This really is like a legal fleecing in the old Madoff style, and hopefully Trump ends up with as much as Bernie did at the end. Has he secretly borrowed or sold any of this stock, as in quietly approved by the board???

Trump's share of DJT has dropped about $1.3B this morning. It's sort of a shame that people who really can't afford to lose money are likely losing money on this as well, but considering that the same people have flushed hundreds of millions of dollars in "campaign" contributions down the toilet makes me feel less sympathy.

It's a good question whether he has used any of this stock for, say, his bond.

---

----------------------------------
"Go yell at an M&M"

There are three types of people who invested in trump.
1) really rich people - looking to essentially trade money for policy, (prob close to 50% of the value)
2) Trump supporters, (prob close to 10% of the value)
3) wall street bet types who know that trump will be A O.K with shady practices to artificially inflate the business value before in goes belly up. (prob close to 40% of the value).

Almost all of pot 3 is going to leave in the next coupe of weeks. That will leave #1 and 2s left. The #1s are fine with losing 75 cents on the dollar because they are making a policy bet for influence over trump.

Its a meme stock, reddit is down 10% since its IPO. The shares of DJT are going to be around $20 for a while - propped up by #1s.

Now at $45 And still sliding. Does a dead cat have 9 lives?? If so where is the next life? Did look like low 45 held and is holding for now. but there has to be some more panic to come before end of day, or are the Saudi's, Russians, and MAGA rich now supporting the buy side?

He has 79M shares now, with 36M of earn out shares in the future. It was trading at $79.38 a share a couple of days ago, now in the $47 range. Let's call it a three day loss of well over $2.5B, half of which is today.

That's going to leave a mark.

I don't think monty's premise holds water. The little MAGA investor will not blame trump for their loss... they will blame the libtards and crooked financial system of free markets. They will never blame trump.

---

Suffer Well.

I don't think monty's premise holds water. The little MAGA inventor will not blame trump for their loss... they will blame the libtards and crooked financial system of free markets. They will never blame trump. //

You're probably right, unless it gets out that he cashed out somehow well before this and the eventual crashes to come. Its one thing to blame the libs and govt for all his court cases and such, but losing a good amount of your savings has to throw a new wrinkle into this, doesnt it??? I mean it is all bluster and blowhards maybe sliding a few bucks to his campaign, which of course is just gone and not missed. But a nice chunk you plopped down expecting to get big returns on and then losing maybe all of it because you didnt want to be the traitor that sold dear leaders company, that's gonna leave a mark...


Or is it just gonna be like most old people that get scammed, when they find out they just shut up and pretend it didnt happen. Too embarrassed to admit they got taken, and just move on like nothing bad happened at all?

We all know Soros' Deep State Elite Banking Cabal are tanking the stock on purpose to keep Trump off the ballot!

It seems to have some support around $47. We will see if anyone wants to hold on to the turd overnight.

---

I'm beginning to think that we are much more fucked than I thought.

It might throw a new wrinkle into a sane rational person, but you have to consider that they are in a cult.

As far as leaving a mark, they already wear the mark of the stupid with their hats, flags, and t-shirts.

---

Suffer Well.

This is some crazy sh#t

Take a look at the options....

To buy a $45 put on this for November- it's going to cost $28.

I have never seen anything like that!!!!


I wonder if you can even lay your hands on the stock to short it

Imagine you are the compliance officer for a brokerage firm..

What a nightmare!!

I'll bet the answer is no. Fidelity was showing zero for the next couple of days.

But, I would suggest, that DJT, like everything trump, is for suckers.

---

Suffer Well.

I believe the updated nomenclature is "Trump and dump".

HNZ actually closed up 0.43% today.

I thought this was an April fool's thread and was going to reply "I went w mayo bc people fancy it up and call it aoili." Would someone kindly explain what DJT has to do with ketchup?

---

maybe she's born with it, maybe it's chlorine
If you're injured and need some sympathy, PM me and I'm very happy to write back.
disclaimer: PhD not MD

Its amazing, that because of your subject line, the Usual Mega crowd have not posted here.

I really wanted to suggest to SDG that this is a good buying opportunity for his wife.

---

Just Triing
Triathlete since 9:56:39 AM EST Aug 20, 2006.
Be kind English is my 2nd language. My primary language is Dave it's a unique evolution of English.

It stems from a temper tantrum and ketchup splattered walls after he was told by his AG that the 2020 election was indeed legit.

However, you can always fall back on He thinks he's Putin.

"Trump was incredibly particular about the type of ketchup he ate.


But his strict rules on condiments didn't stem from a Heinz vs. Hunt's preference. Hutchinson explained that the former president only used ketchup from small, unopened, glass Heinz ketchup bottles due to his "very potent fear of being poisoned. He likes to hear his valet or whoever's serving him his meal, he likes to hear the pop [of the lid opening]."


Trump's ketchup preference is one of the former president's many peculiarities around food, drinks, and even non-food items, like his toothbrush. In each instance, his strict rules can be traced back to an underlying fear of an unseen poison attack."

thanks for the info... and the "he thinks he's Putin" article is quite the story!

---

maybe she's born with it, maybe it's chlorine
If you're injured and need some sympathy, PM me and I'm very happy to write back.
disclaimer: PhD not MD

All Drumpf had to do was bring his legendary business savvy to bear, and now the stock is doing phenomenally!

Trump Stans have decided:

Fuck it, I don't care how terrible the reported numbers are, I don't care that this stock will go to zero when Trump dies, I don't care that he's 78, obese, has a terrible diet, is massively stressed due to all of his legal issues, is a possible drug abuser, and is possibly dementing at a rapid rate. I WANT MORE DJT STOCK!!!!

---

How does Danny Hart sit down with balls that big?

Welcome to the cult! Help yourself to a MAGA hat, grab a few FJB stickers for the kids and don't forget that flags, bibles and ugly ass T-shirts are available for purchase in the gift shop. Sorry, but we're all out of golden high-tops.

---

_________________________________________________
"The will to win means nothing without the will to prepare" - Juma Ikangaa

http://www.litespeed.com

Do you know if they have any "Grab 'em by the pussy" shirts for my wife and daughter?

I think I read somewhere the Trump Jr's job on the board was "international outreach/investors." its pretty crazy that this hasnt been widely reported that the son of the president is openly courting money from foreigners - to a company that the GOP nominee is the major shareholder.

Shirts for your wife and daughter?

Those would be part of the Trump 'Family Values' line, available anywhere Trump merchandise (the proceeds of which totally doesn't go to paying his legal bills for sexual assault judgments, or pornstar payoffs) is sold.

What in the hell am I missing?

Closed around $48, and back up to $52 at 1:00 today.

Who is buying? And what are they thinking? Trump's billionaire supporters trying to prop it up?

Its all meme stocks at this point. Reddit was down around 10% yesterday, up around 7 percent today.

This, it's the rich man's version of Game Stop.

---

_____
TEAM HD
Each day is what you make of it so make it the best day possible.

Well that and people trying to make money off the predictable behavior of Trump supporters. Like the guy who won money betting against crazy Qanon crap on odds sites that was pretty much guaranteed to never come true. Even with crazy odds - making maybe less than a penny on the dollar - "never" still made it a good bet.

Imagine going into business with Trump and thinking it will end well.

“Former President Donald Trump has sued the co-founders of Truth Social, alleging they mismanaged the social media platform early on and should therefore lose their stock in the company, which recently went public.

“In papers filed last week in Florida state court, Trump Media & Technology Group Corp. argued that executives Wes Moss and Andy Litinsky made a series of costly mistakes that resulted in a long delay in the company’s going public and urged a judge to strip them of their shares in the company.”

---

The devil made me do it the first time, second time I done it on my own - W

Yeah, those guys sued Trump a while ago after Trump diluted their shares. Now Trump is scorched-earth counter-suing to not just dilute, but take it all. <surprised face>

Yeah, who could have predicted that they might get cheated out of their money/shares? It would be hilarious if they were in a position to remove the code and shut down the servers.

Interesting article in nyt today about short interest

"The demand to short Trump Media, the parent company of the social media platform Truth Social, is so great that stock lenders can charge enormous fees, making it hard for short-sellers to turn a profit unless the shares fall significantly. Still, there is a lot of interest in taking the bet."

I think i read somewhere that shares to short would not be available until 30 days of the stock going public? So in like 20 days.

https://www.reuters.com/...founders-2024-04-04/

At some point the world stops making sense!!!

DJT stock has the financial standing of Gringotts Wizarding Bank.

I can't comprehend what standing anyone, Trump or his opponents, might have in bringing action against each other.

Anyone care to explain...

"My opponent/s are not following the agreed upon process of lying, cheating and playing make-believe."

Isn't it illegal or something for the majority shareholder of a publicly traded company to say bullshit like this about said publicly traded company?

"I THINK TRUTH IS AMAZING! First of all, it is very solid, having over $200,000,000 in CASH and ZERO DEBT. More importantly, it is the primary way I get the word out and, for better or worse, people want to hear what I have to say, perhaps, according to experts, more than anyone else in the World."

---

How does Danny Hart sit down with balls that big?

I saw both tweets he posted on this (via X account that screenshots from Truth Social) and wondered the same. I'm not the guy to answer that, but I did see that he also appeared to have claimed to have more Truth Social followers than there are actual Truth Social users. Which should come as a surprise to no one, but in terms of legality, my guess is that it's like everything else he does, a lie of the variety he likely can't be held accountable for.

---

The devil made me do it the first time, second time I done it on my own - W

$200MM in cash and no debt? No wonder it had a $6.4B valuation. Lost $58M last FY and has a rapidly shrinking user base. All makes sense now. I wonder what a short position will be like right before the election. If he loses, the stock is dead. If he wins, the stock may be undervalued! Some say even experts would agree.

I am not a securities lawyer (I think TriFloyd is). But, AFAIK, if Trump lied about a material fact and, later, when the truth came out, the stock dropped, someone who bought the stock during the period after his lie and before the truth came out (ie, when the lie was in effect) could sue under 10b5. But, that would be very hard here because: (1) market players know that Trump lies and (2) there is so much volatility around the stock price that it would be a challenge to identify and quantify the price movement attributable to the lie.

Selling in the $40.04 range a bit ago and bounced all the way up to $40.86.

I was hoping to see it dip below $40.

edit: Closed at $40.59. Down 32.18% for the week. Ouch.

---

Suffer Well.

Just a coincidence that the low price for the day was $40.00?

For those keeping track, that would put Trump's paper losses this week at around $1.6B. Bummer.

---

----------------------------------
"Go yell at an M&M"

How does it feel right now to be the sap that bought in at $78 on day 1?

---

How does Danny Hart sit down with balls that big?

Not their fault. Not Don's fault. Deep State and libtards conspired against them. Probably able to blame Jews and immigrants somehow as well.

---

"I keep hoping for you to use your superior intellect to be less insufferable. Sadly, you continue to disappoint." - gofigure

Hugo Chavez was manipulating the stock with space lasers.

nope just Ken's daily reminder to the LR about how Trump definitely doesn't live rent free in his head, followed by the largest TDS sufferers in the room convincing themselves that "this time" something something is going to happen.

trump is completely OK with this finding a floor at about 75% less than it is now. It's still a billion more than he had last month. The embarrassment won't shame him. The shame of fleecing his followers won't embarrass him. He's perfect. One giant circle of righteousness.

The options markets are pricing in the probability that DJT (Trump Wizarding Inc.) will probably be worthless in our world by October.

But order your commemorative physical shares now!!

These will serve as your ticket to the MAGA big buffet at the great Trumpkin golf resort in the sky!!

If DJT falls that far, his attempting to sell some of his 78 million shares will tank the stock even further, correct?

---

----------------------------------
"Go yell at an M&M"

DJT being worth 25% of it's IPO...
That's optimistic.

Nov puts DJT @ $30 closed at $17.50!

This trade has a maximum upside of $12.50
And a maximum downside of $30.

Not that option traders are calm, calculated and clever.

But that's some pretty crazy confidence.

Well, there's a proper way to do it and an improper way. We are going to get our chance to see which way it goes.

DJT will probably be worth $0 by the time Trump is allowed to sell.

My guess is that some Trump associates are already selling in as orderly manner as possible.

Maybe that guy who lent Trump the money for his appeal is currently selling.

Here is what I think they planned:

"Wall street and the SEC will be too scared to stop us. The SEC wont prosecute for fear of losing their jobs and appearing "political."
Wall Street will try to stay out of it.
Their analysts won't follow us. Their advisors won't tell their clients "no."
They won't facilitate short selling.

Our beloved followers will keep the stock high until our friends can sell.

Then we can blame Wall Street and sue for losses when the stock goes to $0.

It's all Carl Icahns fault"

Or maybe they are just f#cking crazy.

Maybe both.

DJT down another 9%.

I have nothing else to add, I am just here for the schadenfreude.

---

How does Danny Hart sit down with balls that big?

Another $300 million off his holdings. I wonder if there is a point at which the "board" changes its rules and allows him to sell (and a big FU to every other schlub who owns this stock) prior to six months.

---

----------------------------------
"Go yell at an M&M"

I feel confident that he’ll be able to sell early. Probably get a higher price than market too. It’ll be Russian money buying the worthless stock.

These are my baseless predictions.

---

How does Danny Hart sit down with balls that big?

I think he might be in a bind. If the board lets him sell his stock early, he will make some money but it will probably tank the stock which could cost him a lot of votes. He needs every vote that he can get to stay out of prison as the only way to avoid the trials is to be president again.

My question is whoever is propping this thing up from single digits right now, how long can they keep going? Saudis could hold the line for awhile, Russians dont have much available cash right now, maybe it is Elon and the Venetian widow??? I mean Elon pissed away over 30 billion on twitter already, perhaps he wants to own the whole shitty market he has created, and hope for a Trump win and then somehow he gets bailed out...

I really hate to say this, but I really do hope it is the slick traders making whatever money is to be had here, working the rubes and playing this thing intelligently. I still hold out hope that a real pocketbook tragedy might wake a few souls up, but not too much hope....

If it tanks, it'll be the fault of the Biden crime family (or something), and there's only one fix for that...vote for Trump.

It won't be Trump's fault.

Oh you can count on him blaming Biden. "Biden and the criminal DOJ were going to take all my shares if I didn't sell when I did"

stock down around 17 percent over the last two days. Back to around $35

Meme stock not meming.

Ketchup on sale, oh boy.

What happened to $DJT at 3:18pm today? Someone decided to buy shares at $3 over market price?

https://finance.yahoo.com/quote/DJT

---

----------------------------------
"Go yell at an M&M"

Probably some Maga who has lost a lot of money, buying like 3 shares and trying to start some sort of feeding frenzy. Or just a kook running all out in the first 200 yards of a marathon, look at me mom!!!!

The insiders have to be just choking on all their shares at the moment, wanting to unload, but stuck with them for now..If they ever do change the rules so a quick sale can happen, we will know it right away, as the word will get out and every rat will jump the ship from there!

If they do vote to allow themselves to dump the stock and all head for the exits at once, do you think there would be any buyers? I don't, I think the stock will instantly go to Zero.

---

---------------------------
''Sweeney - you can both crush your AG *and* cruise in dead last!! 😂 '' Murphy's Law

Look at this;

https://www.benzinga.com/...t-share-price-halved

Executives at ''Truth'' are getting promissory notes for Honest Don. Yeah right, good luck with that!

---

---------------------------
''Sweeney - you can both crush your AG *and* cruise in dead last!! 😂 '' Murphy's Law

A promissory note is a halfway house between an IOU and a loan agreement. It is a legally binding financial instrument that guarantees the holder a sum based on an agreement between two parties.'


But it says that it is a legally binding financial instrument. Surely Honest Don will honor a legally binding document, won't he? lol They've been screwed more than Stormy was.

At least for Stormy it was over within minutes or possibly seconds. With these rubes, they have to deal with it day after day after day.

Nunes has a very positive take on all the speculators trying to take advantage of volatility, including massive short selling.

Quote:

The most amazing part about our company, the retail investors. So when we went out to get this merger, we had it. It took a while. One of the reasons, not just the regulation, but we had almost 400,000 people, retail shareholders who had invested in this company. Now guess what's happened over the last couple of weeks, we think we've added over 200,000 new retail investors. I would say there's not another company out there that has retail investors like this

Why would anyone get a promissory note from trump. It makes no sense.

What trump would do is say he isn’t going to pay, and if they try to enforce it, they will be buried in legal fees.

WOnder if Devin's cow got a promissory note too.

Only down another 4 or 5% today. Those retail investors maybe should have put their money in their mattress.

---

I'm beginning to think that we are much more fucked than I thought.

So just who is buying this stock, even today?

It's a proven turkey, losing value every day after maybe a one day rise. So who would be willing to put their money into it now?

---

---------------------------
''Sweeney - you can both crush your AG *and* cruise in dead last!! 😂 '' Murphy's Law

Russia Russia Russia

The other big difference is Stormy actually got paid.

On top of countries/people investing for future policy reasons, the other reason to invest would be that if trump wins he will make truth social the official news source of the government.

There would be immense value in the company if they are the only ones with access to the president/MAGA members of congress for 4 years. This would end up supplanting fox news. There is def value in the company if trump wins the election, then says all other news sources are fake/bias/the enemy of the people, and curtails access.

However, the stock is likely going to remain around $20 dollars per share until julyish. So there is no reason people would invest now.

Existing shareholders trying to get their average cost basis down. Have you not learned anything from /r/wallstreetbets?

Exactly. I said earlier in this thread or another one that if he wins, this stock may be undervalued. Maybe by a lot.

The thing I dont understand for investors, is why is anyone putting any money into the company now. It is going to continue to drop until maybe november. Then people can see how the trials/polling/etc. is going.

Between now and november, Trump has much more at stake/wild cards than Biden. Between abortion laws being passed/Trumps criminal Trials/attack ads/etc. Biden has much more upside in the next 6 months vs. trump.

its going to be a close election, but the company stock prices are going to drop between november and now.

The other thing that people dont realize is that trump is going to sell most of his shares of truth social the second he becomes president. he will site previous calls for divestment, and say it is required. All of this will be a tax free windfall. After trump sells + collects on the windfall, he will likely reinvest on the tanked truth social - then implement it as the government's news agency.

I'm not sure "value" is quite the right term for what's effectively a meme stock centered around a perpetually money losing business...but, yes, it could be a speculative instrument that takes flight again.

Short selling involves buying shares!

Ho Hum... Truth down 6% today. Pretty standard for companies to be down every day. Nothing to see here.

SDGs "wife" must be losing a fortune.

---

How does Danny Hart sit down with balls that big?

Fake news! Down 8.3%, below $30.

---

----------------------------------
"Go yell at an M&M"

SDGs “wife” just bought a lot more.

---

How does Danny Hart sit down with balls that big?

The cost to go short is unbelievable expensive.

The stock is plummeting in spite of highly constrained supply!


My guess:
1) Prudent and professional long investors (regardless of politics) know better.
2) Opportunistic professionals - want to short. But can't get the shares at a sensible prive.
(Even if you believe DJT will be $0- very fast. The cost to short is still NOT sensible).
3) Trump can't sell his shares yet.

In summary, it seems...

The current battle is between MAGA very, very faithful vs..
A) MAGA that want out already -
B) Improving liquidity for seller's. That includes Trump himself (once his restrictions are lifted).

Trump's powerful detractors are not even in the market yet!

Your B) is interesting market game theory. If the market 100% believes Trump will do a huge sell-off at the first opportunity, then the market, not being restricted in timing, will sell off before that point, crushing Trump's share value.

Trump should try to convince the market he won't...maybe won't exceed X% share sale per month, or wait another year beyond the minimum.

Problem is Trump has little credibility. There is some % of pure cultists, like SDG's fictional wife, but I bet even most diehard MAGA-sticker-types understand Trump well enough to balk at borrowing against their 401(k)s to bank on DJT.

This share price collapse kind of feels like a large shareholder is dumping stock as fast as they can. I don't know how these insider lockup periods work, but given Cheeto's propensity to flaunt every rule ever written, could he be dumping shares? Maybe he figures, "F it...let the SEC sue me. I'll tie them up in court for years, and they'll never be able to unwind this at that point anyway."

No idea either - but fair point. Kind of the opposite of squatter's rights. The first person to leave the house has a lot of leverage in the resulting court debacle.

Yes... I think most Trump supporter (who own the stock) want out - including Trump himself.
That's why DJT is going down.

Huge constraints on selling are what is slowing the demise of the shares.
(One constraints - is that Trump can't sell yet.
A second constraints- is that shorts can't get their hands on the shares at a sensible cost).

This is really a fascinating and unusual situation.

I was looking at the stock trading $ graph and thought if I was riding my bike from East to West I wouldn't want to climb that hill. Looks like an HC climb only backwards. Prolly go for disc brakes on the downhill too.

Seeking Alpha says;

https://seekingalpha.com/...ck-10-foot-pole-sell

---

---------------------------
''Sweeney - you can both crush your AG *and* cruise in dead last!! 😂 '' Murphy's Law

And the market cap is STILL over $4B. Lots of money left to lose.

---

I'm beginning to think that we are much more fucked than I thought.

DJT Ketchup Inc. is currently down 14% premarket.

This could be a fun day.

---

How does Danny Hart sit down with balls that big?

It's all just a plot by the leftists.

https://www.washingtonpost.com/...vestors-faith-trump/

---

I'm beginning to think that we are much more fucked than I thought.

Yeah, I read that yesterday. I almost feel bad for them and how much they will lose on this scam.

Almost.

---

How does Danny Hart sit down with balls that big?

No sympathy from me for these morons. Honestly, how does a guy get to be 71 (guy in story) and still be this naive? He is from Oklahoma so that says a lot but come on, open your eyes.

Trading volume was 1.3 million shares at the opening bell. Looks like a buy. Russians or US billionaire trying to keep the stock afloat?

---

----------------------------------
"Go yell at an M&M"

Well, the golden goose is on trial starting today so I figured it has to do with that.

---

How does Danny Hart sit down with balls that big?

A quick search turns up the loser's social media accounts. Babble about Immigrants, Trans people, Hunter, etc. He is a real MAGA deplorable. I hope he loses everything.

Did all these people just not believe, until this morning, that the trial would happen? DJT tanked $5/share at 8:20am.

---

----------------------------------
"Go yell at an M&M"

That's probably mostly because they filed to release new shares. Existing shares will be diluted. Including Trump's.

Does that mean that he will own more shares at a lower value, thereby being a wash? Does that apply to everyone who owns DJT?

---

----------------------------------
"Go yell at an M&M"

And this --> $25,000 — pretty much his “whole nest egg,” he said.

He's 71 and he on;y has $25K?

A vile, evil bitch ---> Carol Swain, a prominent conservative commentator in Nashville

I'm guessing that once these rubes lose everything, then they will be wanting as many free social services that they can get. Services they were against for others.

---

clm
Nashville, TN
https://twitter.com/ironclm | http://ironclm.typepad.com

Oh, you meant the stock.

I don't know enough about this stuff...just read a few news articles. Maybe it could end with a small bump in overall value, depending on market response. And, yes, I think it screws everyone who already owns "DJT." As if those people need the gas pedal pressed on the downward trend.

Pretty sure it means that they will sell more shares which will dilute the price.

---

How does Danny Hart sit down with balls that big?

LOL No,

You own the same number of shares, the company just puts more stock out there. Lets say there were 100 shares, you had 10. You "owned" 1/10 of the company, but they need money, so they say hey we are going to offer more shares, say another 100 you now have 1/20 th of the company. thats the none technical answer. But in short most share holders get screwed. Some classes don't get diluted, one reason for different classes of stock.

Trump decided to offer up more shares, so more people could get in on this great opportunity to become a millionaire.

---

Just Triing
Triathlete since 9:56:39 AM EST Aug 20, 2006.
Be kind English is my 2nd language. My primary language is Dave it's a unique evolution of English.

Trump Media shares were down 15% at $27.71. The company filed a prospectus relating to the offer of slightly less than 21.5 million shares, issuable upon the exercise of warrants.
Trump Media also said it was registering the potential resale “from time to time” of around 146.1 million shares by its security holders.
The filing said the number of shares that could be potentially resold represents about 256% of the shares currently available for the public to trade.
The filing doesn’t mean that many shares will be able to hit the market at once; former U.S. President Donald Trump was named among the security holders but he is barred from selling Trump Media stock until a six-month lockup period expires.

---

Just Triing
Triathlete since 9:56:39 AM EST Aug 20, 2006.
Be kind English is my 2nd language. My primary language is Dave it's a unique evolution of English.

Point of order. I read that the board, at any point, can vote that Conald Trump can sell his shares early.

---

How does Danny Hart sit down with balls that big?

Oh here is an interesting price point to watch for. .. $17.50


Yeah, I think Honest Don probably doesn't want to count on those additional 36 Million shares.

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Just Triing
Triathlete since 9:56:39 AM EST Aug 20, 2006.
Be kind English is my 2nd language. My primary language is Dave it's a unique evolution of English.

No he won't as his God won't allow it.

“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.”

And if you go on common sense?

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How does Danny Hart sit down with balls that big?

You never would have gotten in.

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I'm beginning to think that we are much more fucked than I thought.

It's a rule of politics/investing that as soon as anyone claims they're "not going on emotion" it means they're 100% going on emotion.

Had

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I'm beginning to think that we are much more fucked than I thought.

Arnt we already at the 20 day period now? Hasnt this already been met?

Once again, its dumb people investing now. The only value in the stock is that trump makes it the government sanctioned (directly or indirectly) news source if he wins the election.

Read this again, with the emphasis on "any": "The stock must stay above the $17.50 level in 20 out of any 30 trading days following its merger on March 25 during a three-year period to receive the maximum award."

I read that as "if there is any 30 day period in the first three years during which the stock wasn't above $17.50 for 20 of those days, the max award will not be given."

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"Go yell at an M&M"

That sentence should appeal to the Geneva Convention because it's being brutally tortured. But I agree your interpretation seems very plausible.

It's at $26.6 as I write this, drifting closer...

The median net worth of a 70 year old American is $164k (many sources for this). I get the sense being 71 and only having $25k is a lot more common than you think. It's just as likely he ran into medical issues that broke him as it is he's a lifelong rube who keeps falling for cons. Honestly, if I only have $25k to my name when I'm 71, I'll probably be YOLO'ing it on something I believe in, regardless of how sensible it is. Without a socialist or lottery intervention, that man may never see a day of retirement in his life.

It is pretty remarkable what a few people shacked up together in one doublewide can do with just Social Security and Medicare.

I know of one guy near me who apparently lives that way - convinced a wealthy friend to just let him park his RV trailer on a remote corner of a private land holding. So no rent. No hookups of any kind, so I think he just occassionally drives it off property to dump sewage, reload with water. (Hopefully both legally). Solar and gennie for power.

Grandpa spent it all on 'roids. No one at 71 should look the way he does.

It's up in premarket. MAGAt morons think they are getting a good deal today.

Have you ever seen a stock where you absolutely, 100% knew that it would end up a penny stock? This is that.

The only question that remains is... when?

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How does Danny Hart sit down with balls that big?

Oops, someone dropped the ketchup. The premarket rise didn't hold up.

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I'm beginning to think that we are much more fucked than I thought.

Down 7%. Quality stock, good investment.

TriFloyd is buying more today. WHAT A BUYING OPPORTUNITY!!!

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How does Danny Hart sit down with balls that big?

$23.28 down more than 12% so far today

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---------------------------
''Sweeney - you can both crush your AG *and* cruise in dead last!! 😂 '' Murphy's Law

Diamond hands!!

So a more techinical question.. can a stock go to zero? I guess it just gets to penny stock status, and as long as someone is pumping money into the company it can be worthless stock and still a business for a long while.

Lets guess when it breaks the magical number $17.50

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Just Triing
Triathlete since 9:56:39 AM EST Aug 20, 2006.
Be kind English is my 2nd language. My primary language is Dave it's a unique evolution of English.

Friday.

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How does Danny Hart sit down with balls that big?

At first I laughed, then I looked at the stocks slide, and think it could be It seems to be losing close to 10% a day, that would put Thursday in play even. It has to find support at some level, doesn't it ???

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Just Triing
Triathlete since 9:56:39 AM EST Aug 20, 2006.
Be kind English is my 2nd language. My primary language is Dave it's a unique evolution of English.

I don’t see who in their right mind would be the ‘support’ for this dog of a stock.

We saw the pump phase. This is the dump phase.

Truth social has one asset. Trump. Or maybe more accurately, being Trumps voice.

Trump is 77 years old, has a terrible diet, is not in shape, and may be suffering from rapidly advancing dementia.

When Trump dies, this stock (if it’s not already there at the time) will absolutely become a penny stock.

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How does Danny Hart sit down with balls that big?

To stay on point with the thread...one of these graphs is the last month of DJT. The other is Heinz-Kraft.

I keep mentioning the put options...

It is true that options trader's are often just emotional gambler's.

The cost of puts do tell you something though ..

Puts Nov. $17.50 - price $8.20.

Summary:
Max loss- $8.20 (DJT is above 17.50)
Max Gain - $9.30 (if DJT goes to zero)
Break even stock price- $9.30

Ponder that for a second...

This is where I will plead ignorant. Can you put this in layman's terms? Assume that I am a 10 year old.

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How does Danny Hart sit down with balls that big?

If you are buying a put, you look at the stock price in November.

If the price is at 9.30 - its a wash. No one loses. So to some degree that is what they think the price of the stock will be in November.

Its wild that anyone would invest right now, seeing how the masses think the stock is going down ANOTHER 66 percent in a couple of months.

Its actually quite a bit worse than that.

1) You lose 100% of your investment, if the stock stays above $17.50.

2) You don't even break even until the stock drops below $9.30.

3) You earn a bit more than 100% if the stock goes to $0.00

Note:
A 100% loss is much worse, than a 100% gain -is good.
A loss of just 50%- would require a 100% gain on another trade to offset it

I wouldn't buy that Put UNLESS I was fairly certain that DJT stock is going to be worthless by November.

On top of the price tanking, etc. something else that is really interesting is the asymmetry of reporting. When the stock of truth social was around $65, trumps increase of net work of 6 billion dollars was on the front page of every single news source.

I havnt really looked, but its not on the front base of any news sources that trump has lost 4 billion dollars in a single week.

Even though I think the stock's value is zero, I don't think it will drop below $17.50 until next Tuesday.

Question is, will we see it major selloff once it drops below this target?

Best comment I've seen regarding DJT thus far today...

"When it dips into the teens, Matt Gaetz will want some of it." - @tobyben1472 on Threads

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How does Danny Hart sit down with balls that big?

That's the thing with Trump, you can't keep up with all his shit. It's just an endless spew that no one can keep up with.

Like trying to track his lies. While you are writing one down, he's already let 2 or 3 more go. You can't keep up with it.

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''Sweeney - you can both crush your AG *and* cruise in dead last!! 😂 '' Murphy's Law

This "investment" is a lot more elves and leprechauns - than balance sheets and legal accounting.

Please don't be insulted if you know this, but for a ten year old:

A put is a right to sell a share at a set price at a set date in the future. At that date if the price of the stock is below that of the agreed upon price you can buy it in the open market for the lower trading price and sell it for the higher set price. Since it is unknown what the price is in the future you have to pay for the option to sell at the set price.

Now lets do it with the DJT example:

In November you have the right to sell DJT at $17.50.
In order to have this right you must pay $8.20 now.
In November if the stock is at $17.50 or above you will not use the option and therefore you will lose the $8.20 you paid (max loss)
In November if the stock goes to zero, you will buy it at zero and sell it at $17.50 making $9.30 ($17.50 - $8.20)
In November if the stock goes to $9.30 you will buy it at $9.30 and sell it at $17.50 making $8.20 on the trade which is offset by the $8.20 you used to buy the option (break even)
Today the options market values the stock at $9.30 in November because that is the break even point.

(please note these are not the actual steps that you go through in options trading and things like the time value of money or exercising early are not figured in.)

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------------------------------
The first time man split the atom was when the atom tried to hold Jens Voigt's wheel, but cracked.

I struggle with this, When you buy a put option, you're buying the right to sell someone a specific security at a locked-in strike price sometime in the future.

Put Nov $17.50 - price $8.20 Means it will cost you $8.20 per share (typically done in 100 share groups so $820 now) to have the option to sell the stock at $17.50. So if stock is above $17.50 in Nov you wont execute the option since you can sell at market rate and make money.

If the stock is below $17.50 you will make the profit on the Market rate vs $17.50 so if its a a bust you make $17.50 per share or ($1,750 on the hundred) but dont forget you spent $8.20 ($820) to buy it. (where The $9.30 number comes from ($17.50-$8.20) to be in the money).

Another way to look at it your betting $820 that it goes down, payouts are if its at $17.50 you get nothing back, to win the bet it has to be below $9.30 at $9.30 its a draw you get the money you put in back out, if it goes to zero you make $9.30 or ($930)

I don't follow options markets, I have read a few articles, where their is so much short action out there, you basically can't short it cause it makes no sense. And I believe this is the math behind this, no one wants to sell you a put option that they lose on, so its priced such that the seller (who set the terms) is locking in a profit. Not that a bunch of folks think it will stay that high, if there were folks who thought it would go up or be up the cost of the put would be considerably less, as the seller expects to make money on the option side, not on the transaction cost side. ((My quick analysis others can give a more educated answer on why the pricing is what it is)

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Just Triing
Triathlete since 9:56:39 AM EST Aug 20, 2006.
Be kind English is my 2nd language. My primary language is Dave it's a unique evolution of English.

Dave -

I think you have the basic gist. But maybe not the details.

A $17.50 put gives you the right to sell at $17.50.

Currently ....
It will costs you $8 20 to buy a Put option, to sell stock at $17.50 in November.

Some possible outcomes:
1) Stock is above $17.50 - you lose the $8.20 you spent.
(You won't use the option to sell the stock for $17.50. You can sell the stock for more than that without using the option).......
$8.20 loss/share

2) Stock is equal $9.30.
You spent $8.20 on the option, you can buy the stock for $9.30 and sell it for $17.50.
Total sale = $17.50
Total cost = $8.20 option + $9.30 for stock
Thus break even is $9.30

3) Stock is $0.
You can buy stock for $O.
You can sell for $17.50
Max Gain = $17.50 - $8.20 (option price)
Max Gain $9.30

One might say, that since the breakeven point is $9.30 - then this is some kind of estimated value.

Actually - percentage losses and percentage gains are not the same (i.e. a 50% loss is the same as a 100% gain).......

In short...
A rational person would believe this stock is very, very likely to be worthless before they would pay $8.20 for that option.

Let's see what an editor over at Forbes thinks...

“If you look at the fundamentals of the company, it’s poised to go down a lot more,” Dan Alexander told CNN’s Erin Burnett on Monday. “If you look at the number of users this company has, the amount of revenue that it generates, you know, its valuation should be measured in the hundreds of millions of dollars, at the most. Right now, the public markets are valuing it at 3.5 billion.”
“So that means this stock should fall by at least another 90% before the metrics start to make any amount of sense,” he continued.

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How does Danny Hart sit down with balls that big?

Pretty sure that's what I said, Assuming you do not own the stock today, you will need to buy it in Nov to sell it with the Put, so when I mentioned buying it at Market Rate, thats cause well thats what you will do to sell it with the put.

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Just Triing
Triathlete since 9:56:39 AM EST Aug 20, 2006.
Be kind English is my 2nd language. My primary language is Dave it's a unique evolution of English.

And that's the point that is hard to interpret from your Put values, from a glance for a non-options person.

A high sell point for a future put, indicates, the market is saying oh its probably gonna be lower than this, so I want a bunch of guaranteed money to get into this deal.

Opposite, if a Nov $17.50 on DJT were selling for $1 that's because the market see's it as a Free $1 cause almost certainly the stock will be more than that in a few months, so everyone is willing to sell the put and high supply, low demand, price falls.

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Just Triing
Triathlete since 9:56:39 AM EST Aug 20, 2006.
Be kind English is my 2nd language. My primary language is Dave it's a unique evolution of English.

Don't know where to see this, anyone have a graph or table, for April, of % drop each day for this stock.. its gotta be brutal, seems like a 10% everyday, but I mean it had to have some days that were at least not 10% drops right. Has it had a positive day, in april.

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Just Triing
Triathlete since 9:56:39 AM EST Aug 20, 2006.
Be kind English is my 2nd language. My primary language is Dave it's a unique evolution of English.

He's got a long way to go before reaching Musk-level losses.

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"Go yell at an M&M"

Put it this way...

There is what is known as a Dead Cat Bounce.

DJT has been much less bouncy than most dead cats.

One up, two mostly flat, lots of riding the brakes on the downhill

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I'm beginning to think that we are much more fucked than I thought.

Pick your time frame: https://www.google.com/...ote/DJT:NASDAQ?hl=en

Surely news of a streaming capability will send it to the moon: https://www.cnbc.com/...eaming-platform.html

There is NOTHING more exciting than watching a deranged geriatric make up incoherent lies on social media.

It's like watching C-Span when you are black-out drunk!!

Entertainment gold!!

I bet the stock will rebound to record heights if they streamed a reality show based on Devin Nunes' cow.

I don't know, looks more like the Cybertruck accelerator issue than riding the brakes.

I'm sometimes amazed at the amount of energy and cognitive bandwidth it takes for HIM to keep up with all his BS. I think it was Mark Twain that said, "never tell lies and you have nothing to remember", something to that effect. If only this much organization was used for good.

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cock-up before conspiracy

Off topic, but I saw one of those in the wild over the weekend. I guess I was expecting more, not sure more what. It just didn't look impressive at all. I much preferred the Tundra I was driving in looks and definitely in capabilities.

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I'm beginning to think that we are much more fucked than I thought.

They want to be the platform of choice for White Nationalist terrorists to live stream their attacks.

Sorry don't see how to get daily % loss.

I know multiple ways to get the daily close, open, range. I could just export to excel calc. daily % change and plot it or put in table, just not that interested to do it.

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Just Triing
Triathlete since 9:56:39 AM EST Aug 20, 2006.
Be kind English is my 2nd language. My primary language is Dave it's a unique evolution of English.

I heard they were going to stream, Stormy and Trump doing the nasty, and oh would that be nasty.

They will have a reality game show, Grab em by the Pussy. each contestant is given a cat backpack to wear (what where you thinking?)

They will also have the game show, Can you get me out of this oval office.

A tutorial show, how to cheat at golf.

Who wants to be a Dr. You evaluate trump them provide a medical summary of him. He picks which is most accurate and the winner gets an PHD from trump University.

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Just Triing
Triathlete since 9:56:39 AM EST Aug 20, 2006.
Be kind English is my 2nd language. My primary language is Dave it's a unique evolution of English.

Of course it has no bounce, its trump, he grabbed it and wont let that pussy bounce.

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Just Triing
Triathlete since 9:56:39 AM EST Aug 20, 2006.
Be kind English is my 2nd language. My primary language is Dave it's a unique evolution of English.

Very good!!

A grabbed pussy won't bounce.

That works on soo many levels.

Many a true word spoken in jest.

and DJT is holding steady today. at +1.0% at opening.

Almost 10%. Let's see if it sticks, or if it gets sleepy.

Russian money pouring into the stock to prop it up.

Probably.

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How does Danny Hart sit down with balls that big?

J_R wrote:

Almost 10%. Let's see if it sticks, or if it gets sleepy.

Well it must be because of the news now coming out about their Audit firm, if this was a movie, no one would believe it.

https://qz.com/...-scrutiny-1851410927

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Just Triing
Triathlete since 9:56:39 AM EST Aug 20, 2006.
Be kind English is my 2nd language. My primary language is Dave it's a unique evolution of English.

Could be shorts cashing out too.

Whoever was propping up this POS stock is taking the day off today. Down 9% already.

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How does Danny Hart sit down with balls that big?

The company website has added an FAQ giving advice on how to prevent shares from being loaned out to short sellers:

“For long-term shareholders who believe in the Company’s future, the Company is highlighting the following actions you can take with your brokerage firm to prevent the lending of your shares for short selling,” Trump Media said in its supplement to its FAQ Wednesday.

The tips include holding DJT shares in a cash account at a brokerage firm as opposed to a margin account, “opting out of any securities lending program,” moving Trump Media shares to the company’s designated transfer agent, and transferring shares to a bank and “holding them in your retirement account.”

Don’t companies generally want the shares that are in the market to be as liquid as possible?

When there is a lot of short interest, these things happen. A short squeeze can make it shoot up like a rocket.

BLeP's lack of confidence has cost him a significant buying opportunity. It is off like it was shot out of a cannon.

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I'm beginning to think that we are much more fucked than I thought.

and now the stock is up 15% today. back up to 30.

Meme stock finally showing some signs of meme. Could be the next AMC.

The GME method. Ain’t working out too well for them, but of course all the diamond hands think there is shady stuff going on with naked shorts. I wouldn’t be surprised if there is to some degree.

It's got a really small float too, so it sets up well for this kind of activity. It doesn't take a whole lot to move the price.

Today's volume was nearly triple the average daily volume. So, what do you think happened? Use small words, please.

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"Go yell at an M&M"

Short squeeze.

Lots of $ moved in... sorry for the 5 letter word,

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Just Triing
Triathlete since 9:56:39 AM EST Aug 20, 2006.
Be kind English is my 2nd language. My primary language is Dave it's a unique evolution of English.

Nunes is very concerned about retail investors.

Another rally today.. I know no one really understands day to day moves in most stock, but this one is surprising. Is some big MAGA donor's propping it up?

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Just Triing
Triathlete since 9:56:39 AM EST Aug 20, 2006.
Be kind English is my 2nd language. My primary language is Dave it's a unique evolution of English.

Ha, SDG's wife does not have access to any stock accounts or the ability to purchase stock. SDG does not invest in Trump and only donates to him to keep the little lady happy. Happy wife, happy life. Get it straight.

Yes. His name rhymes with Bladimir Wutin.

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How does Danny Hart sit down with balls that big?

Makes sense. The Quran does say you should keep your wife in line.

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"I keep hoping for you to use your superior intellect to be less insufferable. Sadly, you continue to disappoint." - gofigure

Go figure, I'm not even Muslim. May have to look into it, being that it is the religion of peace. Sounds nice.

Is any stock with a 5B market cap as volatile as DJT?

Its pretty wild that the avg volume of DJT is higher than Exxon/facebook.

The other crazy part of this to me is, isn't this a company built around 1 person? I mean does truth social survive if Trump dies tomorrow? How long will people stay there, if he is no longer posting to it?

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Just Triing
Triathlete since 9:56:39 AM EST Aug 20, 2006.
Be kind English is my 2nd language. My primary language is Dave it's a unique evolution of English.

Its pretty wild that the avg volume of DJT is higher than Exxon/Facebook.//


Not sure what you are looking at, but DJT today about 6 million at around 32 bucks.


Exxon today abut 14 million shares at $121


Facebook(META) 15 million shares today at just over 500 bucks


It is probably a better metric to compare if you multiply shares traded times the stock price, that gives you how many $$$ were exchanged. You could have a penny stock trading tens of millions, but just a few bucks to move it one way or the other.. DJT is no where near the two you put up, but certainly a lot higher than many it should not be above. It will just take some time and the MAGA masses buying this thing to finally get tired and finally dump it. Or whoever is propping it up to pull the plug, then we go to 0...

Ahhh. I was pulling the avg from google finance. it covers a 30 day window (which I think DJT went public a month ago) because their 30 day avg dropped from around 15 mill-->9 mil.

If Truth Social folds, the finances improve. It is a money-burning furnace while active.

I think it would fold if Trump dies, and likely will anyway.

To me, this the problem with Truth Social: It is a right-wing safe space, but if they know that there are no, or very few, liberals/progressives/Dems using it, then it cannot be used to "trigger the libs," which I think is why a lot of right-wingers post on Instagram, X and Facebook.

Yeah, TylerTri only posts here fingers-crossed he gets Nutella to respond. Endorphin rush of getting a rise out of someone.

I think you're close, but at the end of the day it's about advertising dollars, and if only those in the echo chamber are using it, advertisers are not reaching as many eyeballs. Like Michael Jordan said, "republicans buy sneakers too."

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The secret of a long life is you try not to shorten it.
-Nobody

This is precisely why this is a penny stock just waiting to happen. When Trump dies, the stock will go belly up. Assuming it doesn't go belly up prior to his death.

There is no long term future for Truth Social. Anyone who thinks there is, is a fool.

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How does Danny Hart sit down with balls that big?

Remember when we (people, anyway) thought Trump wouldn't run again because "he's going to start a media empire to rival Fox News, and he'll probably poach Tucker and Hannity and a few others..."

Maybe if he wasn't running to avoid the long arm of the law he could have tried, I suppose. But it, like everything he touches, would have failed.

This is the shocking part to me. He could have left office without the Jan 6th problem. Slide into King making for the Rep. done talk shows, book deals and made a fortune, but he had to be #1.

Without the Jan 6th investigations, I wonder how many of these other issues come to light. Maybe his NY business stuff, not really sure what lead to that intel.

But now he the republican party and this country are in a far worse place.

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Just Triing
Triathlete since 9:56:39 AM EST Aug 20, 2006.
Be kind English is my 2nd language. My primary language is Dave it's a unique evolution of English.