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Old 03-25-2024, 07:49 AM
 
Location: deafened by howls of 'racism!!!'
52,708 posts, read 34,525,339 times
Reputation: 29284

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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.
Trump's Truth Social company completes merger that could net him over $3 billion

that's still a nice chunk of change.

 
Old 03-25-2024, 10:22 AM
 
10,434 posts, read 6,954,235 times
Reputation: 11504
Stock is up over 20% today. As we really kick off this election and if Trump becomes President, investors will be rewarded.
 
Old 03-25-2024, 10:33 AM
 
2,611 posts, read 1,205,579 times
Reputation: 2781
Quote:
Originally Posted by hotkarl View Post
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.
Pretty clear what the tiktok "ban" was really all about
 
Old 03-25-2024, 07:19 PM
 
Location: Ontario, NY
3,516 posts, read 7,778,964 times
Reputation: 4287
Quote:
Originally Posted by DannyHobkins View Post
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.
From what I'm reading, no sane investor would invest in this wildly overvalued company. If Trump decided to sell, there needs to be a buyer for every share he wants to sell, and other than a few diehard Trump supporters, there would be few buyers. The stock price would crash into a Penney stock in days if not hours. I certainly wouldn't hold any stock in this train wreck, ready to happen.

Just because Trump says it's worth Billions doesn't make it so. You just have to look at what he did to the Atlantic City Casinos; He made millions as the CEO, and investors lost billions. How can any sane person believe the company is worth billions when it only made 3.5 million dollars last year?
 
Old 03-25-2024, 07:58 PM
 
Location: Boston
20,099 posts, read 8,998,912 times
Reputation: 18746
Bloomberg posted earlier today with this large merger Trump will join the list of the 500 richest people in the world for the first time.
 
Old 03-25-2024, 08:49 PM
 
16,552 posts, read 8,584,349 times
Reputation: 19384
Quote:
Originally Posted by Axxlrod View Post
So much for the Dems saying Trump is not really a billionaire.
I never understood why they made that claim, as Trump clearly had assets in excess of a billion even if he was not liquid.
Then again the judge and Fanni came up with an absurd valuation for Mar-a-lago saying Trump defrauded (I still don't know who) someone by exaggerating it's value.
Yet those two fools playing lawfair against him were so absurd, total anti-Trumpers were even say they were nuts and clearly out to get him because of their absurd valuation.

Heck as Mark Cuban just said (who is no fan of Trump), no one keeps that much cash as with inflation and not long ago almost a 0% interest rates on money, because you would lose a fortune. Instead Trump put his money into something safer, because he is after all a RE developer.

I am not on social media and wondered if Trump's investment in starting his own platform would be successful, and apparently it is.
Yet some TDS fools are upset that he is going to make money on it, which just goes to show what petty apparatchiks they are.
 
Old 03-25-2024, 08:51 PM
 
18,052 posts, read 15,639,191 times
Reputation: 26762
Quote:
Originally Posted by skeddy View Post
Bloomberg posted earlier today with this large merger Trump will join the list of the 500 richest people in the world for the first time.
As the merger proceeds and this meme stock takes hold, he'll possibly be the only one who asks for and receives donations from his supporters, while being on a list of the richest people in the world.
 
Old 03-26-2024, 09:47 AM
 
10,434 posts, read 6,954,235 times
Reputation: 11504
Ticker changed this morning to DJT ... shares soar! Trump is worth at least $10 billion this morning.
 
Old 03-26-2024, 12:24 PM
 
10,434 posts, read 6,954,235 times
Reputation: 11504
Quote:
Originally Posted by lottamoxie View Post
As the merger proceeds and this meme stock takes hold, he'll possibly be the only one who asks for and receives donations from his supporters, while being on a list of the richest people in the world.
In all fairness, the entire purpose of the Judge Engoron judgement was to take away all his liquid capital used for the election campaign. Its Biden and Democrat corruption at the highest level.
 
Old 03-26-2024, 01:28 PM
 
18,052 posts, read 15,639,191 times
Reputation: 26762
LOL! $5.6+ billion?

The ex-P is now endorsing/selling bibles for $60 (no refunds). "God Bless the USA" bible in large print.

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