Trump Media/Truth Social and DWAC merge under the new ticker DJT...

Work with Trump ... get screwed.

Just like clockwork.

 

They had to see that coming.

 

likely can't get out of the 6 month lockup with the current board

 

Two investors in Trump Media insider trading case plead guilty | CNN Business

 

I feel sorry for anyone who owns DJT that think it's a solid investment. It's a total meme poop-show with awful numbers. No Trump, and DJT would have sunk even farther. Even with Trump, not sure anything can save it.

Very few companies can exist for long losing millions a month like DJT. Amazon was the exception, but they were innovative, first to market, and willing and able to expand their services into related markets. Truth Social has none of this.

 

DJT stock is definitely worthless garbage, and essentially was solely set-up as a grift for the criminal Trump, but with enough space for, they presumed, enough other grifters to tag along like leeches for the ride.

But all the naysayers are overlooking one very legitimate potential source of value for this trash; the potential for Trump to prop it up as POTUS, and to utilize the levers of government to give it value. And there's a VERY real chance of this happening.

More specifically, how about if a President Trump decides to solely communicate through Truth Social? What might advertising revenue look like then? What if he mandates that many (all?) departments of the federal government do the same? People either more expert or more unscrupulous might be able to better extrapolate how a shameless con man in the White House might use this type of company for his personal grift.

We all remember what his sh***y, ganky hotel deal looked like. And him re-directing govt flights to bill Secret Service at his properties. In short, by now we've learned to underestimate the criminality of Donald Trump at our own peril.

 

Yep. The only mystery being who he would blame it on - the out of control DOJ? Fani Willis? Mexicans? or crooked Joe?

 

While the Pubs are using The Handmaiden's Tale as their roadmap, it is very clear tRump is using 1984 and Mein Kampf as his.

 

Talking to my oldest today, he is a hard core quant guy and was able to short DJT.
He seems pretty happy.

 

Posted these many times before and apparently the marks are falling for the same con by the same conman again.

 

Wow, for the day S&P currently up 1%. But “DJT” down over (8%).

 

really, he made a good read. Did his contract close? Can you share % he gained?
I find the convergence of political motivation and stock movement (or investing) interesting.

 

Funny, I was always the investment guy in our house. I taught my wife some, both boys picked up a bunch and are steady investors.
That being said, my oldest is working on his masters in Computer Science/Math, undergrad was the same with minor in Economics. Over the last couple of years due to research and internships, his knowledge in non traditional investing (non traditional in my eyes) has increased at a scary rate.

Not that it took a genius to figure out DTJ was ripe for shorting, but my son's read was probably determined using some of his machine learning mojo which I could never hope to understand or explain. His math doesn't even look like math to me.

As for how much he made, he just said "A lot".

 

Shvartsman is a rough last name to grow up with

 

Up to this point I would have said that the inflated valuation isn't Trump's fault, but then he had to go on a rant on Truth Social where he tries to prop back up the share price through blatant lies ($200 million in cash and no debt!)

 

Trump Seethes as Truth Social's Stock Price Gets Absolutely Hammered