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

Discussion in 'Too Hot for Swamp Gas' started by WarDamnGator, Mar 25, 2024.

  1. WarDamnGator

    WarDamnGator GC Hall of Fame

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  2. enviroGator

    enviroGator GC Hall of Fame

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    Everyone knows you pump and then you dump.

    Luckily, MAGA being savvy investors have also been loading up on Trump Gold coins, Trump Sneakers, even Gold Diapers. Diversity is the key to long term investing.
     
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  3. rivergator

    rivergator Too Hot Mod Moderator VIP Member

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    This may be surprising, but he’s complaining about being treated unfairly

    https://www.cnn.com/2024/09/14/media/truth-social-trump-nasdaq/index.html
     
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  4. enviroGator

    enviroGator GC Hall of Fame

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  5. BigCypressGator1981

    BigCypressGator1981 GC Hall of Fame

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  6. duggers_dad

    duggers_dad GC Hall of Fame

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    Dropping this here as it is evident on Too Hot …

     
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  7. rivergator

    rivergator Too Hot Mod Moderator VIP Member

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    Problem: The stock prices for Truth Social are not good for Trump. What to do?
    Solution: Find conservative tweet that says something unrelated but bad about liberals!
     
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  8. WarDamnGator

    WarDamnGator GC Hall of Fame

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    It’s resuming its slide again. The short sellers know Trump lies about everything and Friday just gave them more “upside” for the down slide.
     
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  9. pkaib01

    pkaib01 GC Hall of Fame

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    The rise on Friday may have been a short squeeze, no?
     
  10. WarDamnGator

    WarDamnGator GC Hall of Fame

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  11. citygator

    citygator VIP Member

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    Charlotte
    IMG_0086.jpeg
     
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  12. oragator1

    oragator1 Premium Member

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    It’s below 15 today.
    Trump can sell tomorrow, so if he dies what he says and doesn’t sell any shares, it might have a bit of a recovery. It’s still around 1000 percent overvalued though. Which is better than the 3000 percent or so it was a few months ago.
     
  13. mdgator05

    mdgator05 Premium Member

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    I mean, you can't expect the stock to do well on a tough day for stocks like today.
     
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  14. PITBOSS

    PITBOSS GC Hall of Fame

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    Trump & the BOD probably expected maga fans to buy and small time investors are getting burned.

    (April)
    “But for some Trump investors, the stock is a badge of honor — a way to show their devotion beyond buying Trump merchandise, visiting Trump golf courses or donating to Trump’s presidential campaign.

    ……that nest egg has lost more than half its value in the past two weeks as Trump Media & Technology Group’s share price dropped from $66 after its public debut last month to $22 on Tuesday. But McLain, 71, who owns a tree-removal service outside Oklahoma City, said he’s not worried. If anything, he wants to buy more.

    “I know good and well it’s in Trump’s hands, and he’s got plans,” he said. “I have no doubt it’s going to explode sometime.”

    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.”

    https://www.washingtonpost.com/technology/2024/04/14/truth-social-investors-faith-trump/
     
    Last edited: Sep 19, 2024
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  15. philnotfil

    philnotfil GC Hall of Fame

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    Cult.
     
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  16. WarDamnGator

    WarDamnGator GC Hall of Fame

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    I’ve heard people say things like that a million times, but recently it changed from “God’s hands” to “Trump’s hands”…. Weird….
     
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  17. channingcrowderhungry

    channingcrowderhungry Premium Member

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    Bottom of a pint glass
    Tiny hands
     
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  18. G8trGr8t

    G8trGr8t Premium Member

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    More investors are betting Trump social-media stock ‘DJT’ will drop (msn.com)

    More investors have been shorting Trump Media & Technology Group Corp.’s stock in the past 30 days, in a sign of negative sentiment ahead of the lifting of a ban on insider stock sales on Friday.

    The increase in short interest in the stock — which gauges the amount of open short positions that have yet to be covered or closed out by a sale — has grown by 40%, or $66 million, to $231 million in the past four weeks, according to research firm S3 Partners.

    More investors have been shorting Trump Media & Technology Group Corp.’s stock in the past 30 days, in a sign of negative sentiment ahead of the lifting of a ban on insider stock sales on Friday.

    The increase in short interest in the stock — which gauges the amount of open short positions that have yet to be covered or closed out by a sale — has grown by 40%, or $66 million, to $231 million in the past four weeks, according to research firm S3 Partners.
     
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  19. obgator

    obgator GC Hall of Fame

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  20. obgator

    obgator GC Hall of Fame

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