It's all just a plot by the leftists.

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

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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.

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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?

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"Go yell at an M&M"

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

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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.

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"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?

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"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.

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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.

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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.

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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.

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.

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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.

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

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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...