akugami
Diamond Member
- Feb 14, 2005
- 6,210
- 2,552
- 136
Does the data center use Monster (TM) CAT5E cables where the cables are doped so that electrons flow more freely, like alcohol at an open bar wedding reception?
Does the data center use Monster (TM) CAT5E cables where the cables are doped so that electrons flow more freely, like alcohol at an open bar wedding reception?
Truth is the most expensive penny stock right now.if only it could slide to $0...or negative
Trump appears to threaten NASDAQ and the SEC
"Nice little exchange you got here. Shame if someone called in some bomb threats, huh?"
It was really never meant as a legit stock, it was a conduit for rich people to funnel bribes to Trump.
From what I read, because of the terms of the deal he can only sell a small amount at a time. He can't waltz in there and dump everything he owns. Did Trump make a big mistake by saying he would not sell? When he does sell, it will trigger a stock manipulation investigation. Did he just tell the world he was shorting his own stock?
From what I understand, what's going on is normal procedure. NASDAQ sees the con and is looking to protect the toads when Donnie pulls out his shares. Most likely next week.
This is the pump part, MAGAs. The dump part is coming
"Nice little exchange you got here. Shame if someone called in some bomb threats, huh?"
It was really never meant as a legit stock, it was a conduit for rich people to funnel bribes to Trump.
From what I read, because of the terms of the deal he can only sell a small amount at a time. He can't waltz in there and dump everything he owns. Did Trump make a big mistake by saying he would not sell? When he does sell, it will trigger a stock manipulation investigation. Did he just tell the world he was shorting his own stock?
From what I understand, what's going on is normal procedure. NASDAQ sees the con and is looking to protect the toads when Donnie pulls out his shares. Most likely next week.
This is the pump part, MAGAs. The dump part is coming
Well, if Trump sells any stock next week, it is just one more federal court case for him that won't be resolved before the election that he can personally dismiss anyway if elected.
I'm assuming Trumps only hope is hold on to his shares and take the loss when it hits zero. No one is stupid enough to fall for Trump’s attempt at shorting. He could be under investigation for stock manipulation, especially if he sells after saying he would not.
Trump could mean he won't sell before the election, if he did it would drive the stock into the ditch and make him look bad before the election. After the election, it doesn't matter? If he loses the election lock down will probably be instituted and he'll only be able to sell a few shares at a time?
no offense, but you don't seem to understand how this works. first of all, the dumping has already started which is why the stock is down so much the past few months. second, Trump's shares were free, as in he paid nothing for them, as in there is no loss for him to take.
that's how the con works, the owners/execs always make a profit.
I am not stock smart. But even he sells them someone will need to buy them…
Who in their right mind will buy them…. The company has negative earnings… to me it’s just a legal pyramid scheme
hal2kilo
Lifer
- Feb 24, 2009
- 26,023
- 12,264
- 136
Not unless he has the same Teflon protection Musk has about talking about his shorter's.
Every share sold is bought by someone. If Trump sells a share for $20, someone is buying it, i presume because they think it'll go up in price.
No shit. @outriding 's point is that this company has no business model and prospects, so Trump will have a very difficult time selling shares anywhere near the current trading price. IIRC he has to file paperwork just to sell his shares, and that signal alone would likely amp up the sellers and tank the stock price.
I said earlier in this thread that Trump could maybe extract as much as $100M in gross proceeds, but that's the absolute best case scenario just before the share price craters. He's hard up for cash, so I actually think it would be his smartest move from a pure money standpoint. From an optics standpoint, it should be political suicide but those rules don't apply to his loyal MAGAts.
DJT jumped 20% on Friday just because Trump claimed he's not selling. 🤣 I guess he actually has one move superior to selling off a tranche. He could pledge shares as collateral to borrow money. I have a hard time believing any bank would be dumb enough to fall for this, but there was that one firm that underwrote his appeal bond...
Best case scenario for Trump is to arrange a large private transfer/sale of shares to a single individual. He could net over a billion for that, especially considering someone or some foreign nation may want to influence him.
And yes, trump has to file a form 4 to sell shares.
MomentsofSanity
Lifer
- Jan 25, 2011
- 17,076
- 9,554
- 146
There’s pauses on swings. Limit up/ limit down. Just another example of the orange ones complete ignorance.
Foreign governments spent low M$ at the former Trump swamp hotel in D.C. to curry favor with POTUS. I highly doubt anybody would drop $1B into his lap when relative bread crumbs was all it took. But sure, IF he becomes President, the strategic value proposition of owning DJT does change dramatically. I mean owning the person and not the stock.
Vladimir Putin inexplicably has Donny eating out of his hand, but I doubt he's ever funneled that much money directly into Trump Org's accounts. Having said that, it'd probably be worth $1B to Daddy Vladdy if it ensured Ukraine's demise and a return to pre-2021 detente. More plausibly, MbS might play ball too if offered the right advanced arms package.
WelshBloke
Lifer
- Jan 12, 2005
- 33,062
- 11,233
- 136
I understand the "dump" has already started (Nunes and other execs.) And I understand Trump "paid nothing for his shares. But Trumps shares he paid nothing for are still worth billions. Is he going to leave that money to dwindle to nothing if he doesn't sell and the whole thing tanks into a sinking ship?
Trump lies, so any statements he makes are noise. I would expect other insiders to sell shares this month, though I could be wrong depending upon what the pre-announcement rules are. Nonetheless, Are there ways Trump could cash out without selling shares outright (which he might do anyway)? Last July, DJT entered into a Standby Equity Purchase Agreement with Yorkville Advisors. Under those terms, DJT can sell Yorkville shares at a 2.75% discount to the market price; Yorkville can then turn around and sell the shares to the public. How much? Up to $2.5 billion. What would Truth Social do with the funds? Whatever they want presumably. I’ve heard that Trump NFTs are still selling halfway decent still well nowadays.
Trump’s co-investors are unhappy with this deal, IIRC. Those are the people that I expect to continue to sell. They don’t like having their ownership in DJT diluted, at least before they exit this sinking ship.
Trump Media Made a Deal That Could Secure a Major Financial Windfall for the GOP Candidate
The company behind Trump’s Truth Social platform has the option to sell up to $2.5 billion worth of shares, easing the way for the former president to convert his paper stake into something more tangible.
I was just thinking the same thing just a moment ago
This might be the way to get around the pesky FEC rules
I second @alien42 that you don't understand how this works. (For the record, I'm no securities expert either.)I understand the "dump" has already started (Nunes and other execs.) And I understand Trump "paid nothing for his shares. But Trumps shares he paid nothing for are still worth billions. Is he going to leave that money to dwindle to nothing if he doesn't sell and the whole thing tanks into a sinking ship?
Trump lies, so any statements he makes are noise. I would expect other insiders to sell shares this month, though I could be wrong depending upon what the pre-announcement rules are. Nonetheless, Are there ways Trump could cash out without selling shares outright (which he might do anyway)? Last July, DJT entered into a Standby Equity Purchase Agreement with Yorkville Advisors. Under those terms, DJT can sell Yorkville shares at a 2.75% discount to the market price; Yorkville can then turn around and sell the shares to the public. How much? Up to $2.5 billion. What would Truth Social do with the funds? Whatever they want presumably. I’ve heard that Trump NFTs are still selling halfway decent still well nowadays.
Trump’s co-investors are unhappy with this deal, IIRC. Those are the people that I expect to continue to sell. They don’t like having their ownership in DJT diluted, at least before they exit this sinking ship.
Trump Media Made a Deal That Could Secure a Major Financial Windfall for the GOP Candidate
The company behind Trump’s Truth Social platform has the option to sell up to $2.5 billion worth of shares, easing the way for the former president to convert his paper stake into something more tangible.www.propublica.org
Before you said DJT has no choice but to accept his shares are worth zero, but now you're floating the idea that he will have a backdoor avenue to receive billions. The first is semi-plausible (perhaps even likely), while the latter is unlikely to work out but who knows. And you've just stated his shares are "still worth billions," but that's PAPER value that has no connection to reality.
As you mentioned, if Trump Media sells more shares through through this Yorkville outfit, they will dilute their current shareholders (of which Donny is the largest). Even if that alone doesn't fuck over the share price, it doesn't make it any easier for Donny to sell a large tranche.
The article said that with the cash they get from a secondary offering, they could possibly pay a special dividend and that would be cash going back to Donny. That is the best case scenario for him, but again he's not going to net billions from it.
All the available evidence suggests that DJT is worth about $0 per share. Now the company does have a cash hoard of about $300M, so that's what I would value the whole enterprise at (assuming no debt). So they have quite a bit of runway for now to try to avoid the stock going to zero. But with that leadership, already cashing out at the expense of small retail investors, Donny shouldn't hold his breath that Trump Media is a long-term winner. Devin Nunes is a farmer; he's arguably one of the last guys you should hire to be CEO of a tech or media company.
Thump553
Lifer
- Jun 2, 2000
- 12,839
- 2,625
- 136
Quite an accomplishment-another day of losses on a day when the Dow Jones sets a record high & the S&P 500 nearly does the same.
DJT is trading below $14 today, the very day that trump's shares are now unrestricted and he can start selling.
UNCjigga
Lifer
- Dec 12, 2000
- 25,563
- 10,241
- 136
Still a popular “buy” for retail investors according to Robinhood. Wanna-be memestock? As someone already noted, the “pump” is on.
Fenixgoon
Lifer
- Jun 30, 2003
- 33,273
- 12,837
- 136
selling off $100M worth of stock seems like it should tank things yeah?
apparently its up over a couple of days, but still dropped like a rock compared to any sort of long-term trend
apparently its up over a couple of days, but still dropped like a rock compared to any sort of long-term trend
hal2kilo
Lifer
- Feb 24, 2009
- 26,023
- 12,264
- 136
The rats are leaving the ship, blaming cow boy.I understand the "dump" has already started (Nunes and other execs.) And I understand Trump "paid nothing for his shares. But Trumps shares he paid nothing for are still worth billions. Is he going to leave that money to dwindle to nothing if he doesn't sell and the whole thing tanks into a sinking ship?
Trump lies, so any statements he makes are noise. I would expect other insiders to sell shares this month, though I could be wrong depending upon what the pre-announcement rules are. Nonetheless, Are there ways Trump could cash out without selling shares outright (which he might do anyway)? Last July, DJT entered into a Standby Equity Purchase Agreement with Yorkville Advisors. Under those terms, DJT can sell Yorkville shares at a 2.75% discount to the market price; Yorkville can then turn around and sell the shares to the public. How much? Up to $2.5 billion. What would Truth Social do with the funds? Whatever they want presumably. I’ve heard that Trump NFTs are still selling halfway decent still well nowadays.
Trump’s co-investors are unhappy with this deal, IIRC. Those are the people that I expect to continue to sell. They don’t like having their ownership in DJT diluted, at least before they exit this sinking ship.
Trump Media Made a Deal That Could Secure a Major Financial Windfall for the GOP Candidate
The company behind Trump’s Truth Social platform has the option to sell up to $2.5 billion worth of shares, easing the way for the former president to convert his paper stake into something more tangible.
Top execs exit Trump Media amid allegations of CEO Devin Nunes' mismanagement and retaliation
The firm that operates Truth Social is in turmoil following internal complaints to company board.
www.salon.com
I like the last paragraph looking for snitches.
Do you have any information about Trump Media that we should know? Robert Faturechi can be reached by email at robert.faturechi@propublica.org and by Signal or WhatsApp at 213-271-7217. Justin Elliott can be reached by email at justin@propublica.org or by Signal or WhatsApp at 774-826-6240.
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Insiders aren’t the only ones getting rich thanks to Truth.
gizmodo.com
Completely shocking that a platform owned by a lying sack of shit grifter that attracts people with a cult like devotion to him is full of people easily duped by other grifters.
Truth Social Users Are Losing Ridiculous Sums of Money to Scams
Read the complaints submitted to the FTC by users of Donald Trump's social media platform.
gizmodo.com
Completely shocking that a platform owned by a lying sack of shit grifter that attracts people with a cult like devotion to him is full of people easily duped by other grifters.
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