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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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    This turd has continued to trend down and is back to near its post merger low… ….its lost nearly half its value since July 15th, which is about the time the pressure for Biden to quit really amped up, and he quit on the 21st. I wonder why this stock price seems to be tied to how well Trump is doing in the polls. It really does seem like a vehicle to funnel money to Trump and buy favors.
     
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  2. G8trGr8t

    G8trGr8t Premium Member

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    if you own enough of it to be able to crash it, you would hold a LOT of sway over him since he owns so much
     
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  3. BLING

    BLING GC Hall of Fame

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    Definitely a good idea to invest in a company with a yoy revenue decline of 40% and expenses doubling. WTF is going on there? It’s like they’re no longer even pretending to operate it like a real company, although that was pretty easy to figure when they made Nunes the CEO. Most obvious money laundering operation in history.
     
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  4. BLING

    BLING GC Hall of Fame

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    Also it’s trading at 2000 x earnings? What “earnings”? It’s all losses!

    Maybe you meant 2000 times revenue lmao.

    It’s essentially a pre-revenue company its numbers are so bad. Have faith though, with tech wiz Devin Nunez in charge as CEO i’m sure they will innovate bigly on the technological side to justify the valuation.
     
    Last edited: Aug 9, 2024
  5. NavyGator93

    NavyGator93 GC Hall of Fame

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    For all trump's faults, he is a genius at getting money from rubes.
     
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  6. channingcrowderhungry

    channingcrowderhungry Premium Member

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    Is he a genius at it, or are the rubes just that gullible?
     
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  7. citygator

    citygator VIP Member

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    11 days until the August campaign filing deadline for presidential campaigns. We will see then.
     
  8. WarDamnGator

    WarDamnGator GC Hall of Fame

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    • Informative Informative x 1
  9. citygator

    citygator VIP Member

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    Diamond hands!
     
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  10. NavyGator93

    NavyGator93 GC Hall of Fame

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    ETTD
     
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  11. WarDamnGator

    WarDamnGator GC Hall of Fame

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    Trump delivers a 1-2 punch to investors … first the terrible earning report on Friday, and today he started posting on Twitter again…. 5% drop today…
     
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  12. G8trGr8t

    G8trGr8t Premium Member

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    losers, and they deserve it..can't fix stupid
     
  13. enviroGator

    enviroGator GC Hall of Fame

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    And in September he will start dumping his shares.

    Maybe .... just maybe .... some of those MAGA morons will wake up when they see him dumping his own stock and causing the stock to crash.

    But they will just blame short sellers.
     
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  14. G8trGr8t

    G8trGr8t Premium Member

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    Djt will, and they will believe him..no worries, ksa will buy his shares. Nothing to see here..
     
  15. enviroGator

    enviroGator GC Hall of Fame

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    The way the polls are looking, I wouldn't be surprised if some of his "support" doesn't start drying up. Buying access to a convicted felon isn't worth the investment.
     
  16. channingcrowderhungry

    channingcrowderhungry Premium Member

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    Trump returning to Twitter has to be a crushing blow for Truth Social
     
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  17. exiledgator

    exiledgator Gruntled

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    Googling "how to short a stock" right now
     
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  18. WarDamnGator

    WarDamnGator GC Hall of Fame

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    Today was the 6th day in a row of markets soaring…but this is down 11% on the week, 2% today, back to its post merger lows…

    It will be interesting to see if some big money comes in and saves it again when it hits this floor. I kind of doubt it. This Trump is not same Trump they were buying 4 weeks ago….
     
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  19. channingcrowderhungry

    channingcrowderhungry Premium Member

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    When Trump returned to Twitter he was telling DJT stock he had no use for Truth Social anymore. It's done.
     
  20. obgator

    obgator GC Hall of Fame

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    Blood bath!
     
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