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Old 03-22-2024, 08:35 AM
 
10,431 posts, read 6,954,235 times
Reputation: 11500

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People who have been shareholders of Digital World Acquisition Corp were rewarded as the merger was approved, after a lengthy battle of SEC (Biden appointed) hacks. The new ticker symbol will be $DJT.

Trump will gain $5.6 Billion (based on current value) from the transaction. Shares cannot be sold for 6-month by the Trump Management Team.

As a DWAC shareholder, I have been pleased with the stock.

 
Old 03-22-2024, 09:16 AM
 
Location: San Diego
5,733 posts, read 4,688,017 times
Reputation: 12791
So much for the Dems saying Trump is not really a billionaire.
 
Old 03-22-2024, 09:21 AM
 
Location: South of Heaven
7,903 posts, read 3,450,203 times
Reputation: 11545
Quote:
Originally Posted by DannyHobkins View Post
People who have been shareholders of Digital World Acquisition Corp were rewarded as the merger was approved, after a lengthy battle of SEC (Biden appointed) hacks. The new ticker symbol will be $DJT.

Trump will gain $5.6 Billion (based on current value) from the transaction. Shares cannot be sold for 6-month by the Trump Management Team.

As a DWAC shareholder, I have been pleased with the stock.
So he'll still have to give a huge portion of his property to Leticia James while he waits for his appeal to go through. I suppose eventually he'll be able to buy new property though. Best not buy it in NYC!
 
Old 03-22-2024, 09:35 AM
 
4,581 posts, read 3,406,102 times
Reputation: 2605
With the supposed pending crash of the US commercial real estate market, would there be any wisdom in Trump having the state size his property at current market value, then buying it back later at 30 cents on the dollar?
 
Old 03-22-2024, 09:37 AM
 
Location: Western PA
10,811 posts, read 4,506,581 times
Reputation: 6664
And, the shark tank guy is raising 40B to buy tik tok and put it under adult supervision.


This would make the major instant messaging social media, not be chinese/left controlled.


Is that light on the horizon?
 
Old 03-22-2024, 09:39 AM
 
Location: Charlotte
3,867 posts, read 4,076,782 times
Reputation: 2377
Quote:
Originally Posted by RetireinPA View Post
And, the shark tank guy is raising 40B to buy tik tok and put it under adult supervision.


This would make the major instant messaging social media, not be chinese/left controlled.


Is that light on the horizon?
Let's hope
 
Old 03-22-2024, 09:42 AM
Status: "UB Tubbie" (set 18 days ago)
 
20,024 posts, read 20,826,797 times
Reputation: 16707
Lol. Now they’re really gonna go after him. Gotta stop him from getting that financial infusion that’ll keep him afloat. That unpaid parking ticket on Queens Boulevard from 1976…5.6B in fines, penalties, surcharges and interest. Plus 45 days in the slammer for being a scofflaw.
 
Old 03-22-2024, 09:44 AM
 
Location: Sonoran Desert
39,072 posts, read 51,199,205 times
Reputation: 28313
Quote:
Originally Posted by DannyHobkins View Post
People who have been shareholders of Digital World Acquisition Corp were rewarded as the merger was approved, after a lengthy battle of SEC (Biden appointed) hacks. The new ticker symbol will be $DJT.

Trump will gain $5.6 Billion (based on current value) from the transaction. Shares cannot be sold for 6-month by the Trump Management Team.

As a DWAC shareholder, I have been pleased with the stock.
Hopefully, you don't own a large amount of it as it has dropped 12% today since the merger was announced.
 
Old 03-22-2024, 09:53 AM
 
10,431 posts, read 6,954,235 times
Reputation: 11500
Quote:
Originally Posted by Ponderosa View Post
Hopefully, you don't own a large amount of it as it has dropped 12% today since the merger was announced.
People sold and profited on the news (like the saying goes buy on speculation, sell on news). It's rebounded and down 1% now but it's also up 139% since January.
 
Old 03-22-2024, 11:07 AM
 
Location: NYC
6,639 posts, read 2,956,027 times
Reputation: 4477
Good for him, now pay your Bond
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