The wild probe into investors of DWAC, Trump Media’s proposed merger ally. The Truth about Truth Social

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HomerJS

HomerJS

Lifer
Feb 6, 2002
39,286
32,778
136
fskimospy said:
I guess it depends on how you define jail. I agree he wouldn’t go into general population or anything but he will be convicted and sentenced in a way where he will be confined to some structure he is not allowed to leave.
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How about some abandoned federal building. Just turn it into a prison. Problem solved
 
F

FirNaTine

Senior member
Jun 6, 2005
639
185
116
HomerJS said:
How about some abandoned federal building. Just turn it into a prison. Problem solved
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He would probably be held on a military base, just to provide more security. Similar to how Camp David is on a base. I honestly wouldn't be surprised if they just set something up there.
 
skyking

skyking

Lifer
Nov 21, 2001
22,761
5,923
146
What a magnificent honor to have your own initials tied forever to a plunging albatross.
Stable Genious!!
 
MomentsofSanity

MomentsofSanity

Lifer
Jan 25, 2011
17,076
9,554
146
Shithead posting to X (Twitter) in any capacity will make people panic sell. But they are dumb. That stock has been a roller coaster since it went live.
 
Pens1566

Pens1566

Lifer
Oct 11, 2005
13,723
11,341
136
Fenixgoon said:
Doesn't really matter if you scored on the pump and dump.

I also imagine it's near impossible to short shares because everyone knows it's going to bomb
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It has almost always been prohibitively expensive to do so.
 
MomentsofSanity

MomentsofSanity

Lifer
Jan 25, 2011
17,076
9,554
146
fskimospy said:
My working theory is that it's a mix between idiot rubes buying the stock because they're idiots and foreign governments bribing Trump.
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anything after the IPO won't go to the Trump org. it's all secondary market trading unrelated to the initial. Now if they start releasing more shares and diluting it further.....
 
B

brycejones

Lifer
Oct 18, 2005
29,847
30,617
136
MomentsofSanity said:
anything after the IPO won't go to the Trump org. it's all secondary market trading unrelated to the initial. Now if they start releasing more shares and diluting it further.....
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It's more about pumping up the stock price until Trump can sell. At a nation state level pumping the stock to get influence with a future US president is fairly low cost.
 
MomentsofSanity

MomentsofSanity

Lifer
Jan 25, 2011
17,076
9,554
146
brycejones said:
It's more about pumping up the stock price until Trump can sell. At a nation state level pumping the stock to get influence with a future US president is fairly low cost.
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There are far easier ways to do it than that. Can't see anyone using the secondary market to prop up an individual or business by attempting to inflate a stock. Would stick out like a sore thumb.
 
F

fskimospy

Elite Member
Mar 10, 2006
87,934
55,285
136
MomentsofSanity said:
anything after the IPO won't go to the Trump org. it's all secondary market trading unrelated to the initial. Now if they start releasing more shares and diluting it further.....
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If memory serves the float on DJT is pretty small and the overwhelming majority of the stock is held by Trump himself and a small number of institutional investors. I'm not investment expert but when Trump owns like 60% of the company seems pretty easy to enrich him by buying shares, no?

Also at a minimum they notified the SEC of their intent to release more shares. Not sure if it's actually happened.
 
O

outriding

Diamond Member
Feb 20, 2002
4,394
3,809
136
Sooooo..

Get kicked off of Twitter..
Start your own Twitter clone
Be pretty much the only poster on your Twitter clone
Lift gets lifted on Twitter ban
Start posting on Twitter


??????

Profit
 
MomentsofSanity

MomentsofSanity

Lifer
Jan 25, 2011
17,076
9,554
146
fskimospy said:
If memory serves the float on DJT is pretty small and the overwhelming majority of the stock is held by Trump himself and a small number of institutional investors. I'm not investment expert but when Trump owns like 60% of the company seems pretty easy to enrich him by buying shares, no?

Also at a minimum they notified the SEC of their intent to release more shares. Not sure if it's actually happened.
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Trump and other insiders hold 70%. The rest is spread out amongst retail and institutional traders. No one group would be able to impact the pricing without doing so VERY publicly. Between regulatory filings etc... it would be all over.

When we do IPOs we often see underwriting banks try to prop the price up to keep it dropping below certain thresholds. They can barely hold the price steady when they do and everyone knows they are doing it.

If some entity wants to enrich Trump, this isn't the way to do it. So much effort would have to go in for something that has very little likelihood of working.
 
F

fskimospy

Elite Member
Mar 10, 2006
87,934
55,285
136
MomentsofSanity said:
Trump and other insiders hold 70%. The rest is spread out amongst retail and institutional traders. No one group would be able to impact the pricing without doing so VERY publicly. Between regulatory filings etc... it would be all over.

When we do IPOs we often see underwriting banks try to prop the price up to keep it dropping below certain thresholds. They can barely hold the price steady when they do and everyone knows they are doing it.

If some entity wants to enrich Trump, this isn't the way to do it. So much effort would have to go in for something that has very little likelihood of working.
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Sorry, why wouldn't it work? Seems like the Saudi government for example would have far, far greater ability to move that price than any bank, especially when the market cap is in the low single digit billions.
 
F

fskimospy

Elite Member
Mar 10, 2006
87,934
55,285
136
Also I'm not sure if those governments would care about it being public. They didn't care when they were openly bribing Trump at his hotel, for example.
 
hal2kilo

hal2kilo

Lifer
Feb 24, 2009
26,023
12,264
136
FirNaTine said:
He would probably be held on a military base, just to provide more security. Similar to how Camp David is on a base. I honestly wouldn't be surprised if they just set something up there.
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Well, according to Trump the place was a shithole dump, so it would be perfect for him.
 
akugami

akugami

Diamond Member
Feb 14, 2005
6,210
2,552
136
skyking said:
What a magnificent honor to have your own initials tied forever to a plunging albatross.
Stable Genious!!
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Because Trump University, Trump Airlines, Trump Casinos (Taj Mahal, Marina, Plaza), Trump Hotels (too many to list), Trump Vodka, Trump Steaks, Trump Marriages, and of course the stink of Trump Cologne wasn't enough to know anything with his initials on it is a shit-show waiting to happen.
 
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