Trump BEGS His Supporters to Buy His TANKING Social Media Stock

[SouthernCal_Dem]

Why not? Considering Trump University and Trump Steaks were such a smashing success.

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Trump Insists Truth Social Shows ‘Love of our Country’ and Asks Fans to ‘Support’ It as Stock Price — and His Net Worth — Plummets
Apr 12th, 2024, 11:46 am

Former President Donald Trump insisted that Truth Social “Shows the Spirit and Love of Our Country” as the social media company’s stock price continued to plummet on Friday.

On March 26, Trump Media and Technology Company, the firm that owns Truth Social, went public. One day later, its stock price exceeded $66 per share (it had previously reached a high of nearly $80). Since then, however, the stock has lost more than half its value, standing at under $31 per share as of late Friday morning.

For Trump, who owns more than 78 million shares of stock in the company, the crash has significant personal financial implications as he continues to grapple with various legal costs and penalties.

Those implications were reflected in a statement he released on none other than Truth Social Friday morning in which he implored his political following to “support TRUTH.”

More....

https://www.mediaite.com/trump/trump-insists-truth-social-shows-love-of-our-country-and-asks-fans-to-support-it-as-stock-price-and-his-net-worth-plummets/

[Deuxcents]

1. TSF and his MAGA cult love this country so much they want to dismantle it.

I used to be jaw dropped at his antics but now it’s all shameless begging. The former president of this country is a pathetic man without any moral compass.

[Traurigkeit]

41. Old New Yorkers knew his father and it are liars, cheats, scum ..

never knew that the mid-west, south, west would fall for the scum.

[calimary]

2. I'm showing MY love of country by NOT giving him a single penny!

And that's how to support REAL truth.

[Silent3]

3. He should be happy the stock is as high as $31/share

There's no actual real-world value backing it up at all. By all rights DJT should collapse to pennies per share.

[democratsruletheday]

32. It damn well might plunge to a penny stock....

stay tuned

[VMA131Marine]

4. This has got to be a violation of SEC rules

Trump is going to find himself indicted again if he’s not careful.

[WarGamer]

5. If all he said is "Support Truth", that's not actionable.

If he said "Support DJT, we go to the moon next week" I can see problems.

[FSogol]

11. Despite being the majority shareholder, he's not on the board of that company.

A board member of DJT couldn't try and manipulate the stock price like that without garnering some SEC attention.

[eggplant]

14. As a majority shareholder, he doesn't have to be on the board to be on the hook.

[democratsruletheday]

33. the sick S.O.B. welcomes more indictments IMO

just another chance to piss and moan and play the victim card

[democratsruletheday]

34. double post, sorry folks

my bad

[struggle4progress]

6. "Get a free Bible and a pair of spray-painted sneakers with every share"

[Conjuay]

7. And he calls others

Welfare Queens.

[boston bean]

8. Isn't this stock manipulation? I thought this was against the law.

Hahahahah for everyone but him, I guess.

[onenote]

13. His post is not stock manipulation. It doesn't mention the stock.

It urges people to support his social media platform, Which is not the same thing as asking them to purchase the stock. If it was, then all advertising would be stock manipulation.

[LiberalFighter]

9. Couldn't they make three shares into one share?

But then he wouldn't have 78 million shares.

[Sogo]

10. "Meet me on Wall Street. Be there. Will be wild!"

nt.

[onenote]

12. Where in his post does he ask people to buy his stock?

Urging people to support Truth Social is not asking them to buy stock in Trump Media. If it was, then every company that urges people to purchase or use their product would be guilty of stock manipulation.

[Hope22]

15. He needs someone to grab him by the collar and say...

Have some self respect! Snap out of it!!

[SergeStorms]

36. Self respect?

Respect for anyone or anything is far beyond Trump's ability.

Anyone who's so vain he'll grow hair over 1 foot long on the side of head, so he can comb it up, over, and around the top of his head, to give the appearance of not being bald, has no "self respect."

Anyone who writes his own doctor's report stating that he stands 6'3" tall and weighs 230 lbs., then orders his "doctor" to sign his name to it, has no "self respect."

Anyone who wears makeup applied with a coal shovel, then sprays orange dye on his face to give the appearance of being young and tanned, has no self respect.

Anyone who lies on an industrial scale, day in and day out, about every aspect of his life has no self respect.

Donald Trump has an "I" problem. His ego, measured on a galactic-sized scale, precludes him from claiming any form of "self respect."

I'm sorry, Hope22, this was not aimed at you in any way, shape, or form. You're a wonderful person. I just have an aversion to seeing the words "self respect" used in reference to Donald Trump.
I have also have a hatred - bordering on the molecular level - of Donald Trump, and everything he says and does regarding the United States of America and the people within it.

That's the cross I have to bear, because I very seldom use the word, "hate," and I'm not proud of having said it.

Please forgive me if I have, in any way, offended you.

[Hope22]

42. Thanks for the laugh! 😂🤣😂🤣

I love that I only had to write two sentences to get all of that goodness! No forgiveness necessary. Sorry to get your motor running! Take care!😁💗💗

[SergeStorms]

43. Thank you.

Sometimes I get a little, OK, a lot, carried away. 😉

[Deuxcents]

44. I can't say I know exactly how you feel but I can say I'm pretty sure I know exactly how you feel

I wake up every day with the urge to check the headline I’m waiting for.

[SergeStorms]

49. Yeah, me too.

Isn't that crazy? Tens of millions of people waiting for the same headline. One of these days...........

[orwell]

16. This is the definition...

...of a pump and dump scheme.

Why is the SEC allowing this?

[Bernardo de La Paz]

25. Because readers can see that he did not urge purchase of stock. . . . . nt

[IbogaProject]

17. Wow it went back to around where it started the day

Still a turkey waiting for slaughter. Forbes published an article about how it is best to sell, no upside with such horrible financials and prospects.

[Johonny]

18. Any dollar that goes to that instead of GOP

Campaigns is a win for America. Trump once again is single handedly draining the GOP of cash.

[Mz Pip]

19. Who put such a high value

and opening bid on Truth Social? Seems awfully high for a company bleeding money.

[Diraven]

20. Too bad

He's already tapped out all almost his supporters begging for money to pay his lawyers.

[SergeStorms]

40. Not his billionaire associates.

He does have associates, because I doubt he has any true "friends," who truly are billionaires.

These are people who could piss away a million dollars a day on nothing, and would still never be able to spend all the money they have.

They're not phony billionaires, like Trump, who only claim to be extremely wealthy.

They could buy Trump stock certificates and wipe their butts with them, and never miss the money. Trump has associates like this, because he gives them all obscenely large tax cuts.

[bucolic_frolic]

21. Do they take flags and red hats as collateral?

Even MAGAts tire of being fleeced

[keithbvadu2]

38. Maybe they'll take Trump dollars?

[SleeplessinSoCal]

22. Lately my go-to Solitaire app has ads for TS.

It hits me hard every time that he chose to lie on a platform named after Truth. He's so twisted. And he's desperately trying to twist us all.

[SleeplessinSoCal]

46. Just appeared again...

[twodogsbarking]

23. The revenue per year is about equal to a successful McDs. Just one. So one hamburger joint

is worth how many billions?

[yankee87]

24. Media's Touch

Currently watching Ben Meiselas on YouTube about this con.
So funny how low the stock price can go down.

[LetMyPeopleVote]

26. This is securities fraud

TFG is going to be sued when his followers lose their money

[live love laugh]

27. They can't buy shoes 👟 hats bibles 📖 AND stock.

[Grokenstein]

28. "Take; eat. This is my body. Not really, but I AM your Lord and Savior, you know."

"Eat it, suckers. Eat it all. Don't touch me."

[Hassin Bin Sober]

29. LOL. Translation: Buy it so it's worth something when I dump it first chance I get - leaving you holding the bag.

[IronLionZion]

30. When they lose everything, they can blame Antifa, Deep State, and Woke

Oh well, they'll have less money to donate to other GOP candidates this election.

The truth is these idiots trust a guy who encouraged his own supporters to die during COVID.

[Bernardo de La Paz]

37. They already are

https://www.democraticunderground.com/100218857345

[Blue Owl]

31. Let's see a MTG testimonial

[democratsruletheday]

35. I saw a report today that said MTG has lost

over 32K. Might not seem like a lot but I chuckled regardless

[Blue Owl]

47. Me too -- that fueled the above posting!

[keithbvadu2]

39. Jared has money to invest. Let's see if his family believes in him.

[ecstatic]

45. Please proceed. Getting scammed by their hero will wake them up

a lot quicker than we can.

Why would someone who cares about you ask you to invest in a scam / failing stock?

[BlueWaveNeverEnd]

48. omg... if there were Biden or Obama hawking their own stock ... MAGATs would explode

[Emile]

50. Still conning his suckers.

[C_U_L8R]

51. He doesn't have the brains or discipline to run a public company.

He only knows how to serve one single shareholder and that's going to get him into even more trouble.

[no_hypocrisy]

52. I don't remember Bill Gates having to beg the public to buy Microsoft.