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Dropping like a fucking rock (Original Post) Aviation Pro Sep 2024 OP
He can't sell now without VIOLATING the law BoRaGard Sep 2024 #1
Laws don't apply to the convicted felon, unless they are state laws, federal laws forget it. republianmushroom Sep 2024 #21
He does not care about the law. usedtobedemgurl Sep 2024 #35
Anybody that invested in this stock should have their head examined. OLDMDDEM Sep 2024 #2
Except the shortsellers. Think. Again. Sep 2024 #28
Very true. OLDMDDEM Sep 2024 #30
Not Sure How Many There Were ProfessorGAC Sep 2024 #34
Thanks, I didn't realize they had guarded against that.... Think. Again. Sep 2024 #43
Likely The Exact Reason! ProfessorGAC Sep 2024 #46
Everything he touches turns to lead. live love laugh Sep 2024 #3
Lead sells for more than $2,000 per ounce. I think what Dump touches turns to shit. Martin68 Sep 2024 #27
Minor quibble... JT99 Sep 2024 #38
That's the price for a ton of lead Mysterian Sep 2024 #42
Hey Trumpsters lurking here! PCIntern Sep 2024 #4
BWAHAHAHAHAHA BlueWavePsych Sep 2024 #10
I think below 12 is the sweet spot. Midnight Writer Sep 2024 #5
It is all free money to Trump Mordred Sep 2024 #8
To resurrect an old phrase: Codifer Sep 2024 #20
Aren't those figures dependent on IF he can sell the stock? wnylib Sep 2024 #24
Supposedly, he got the stock with the provision he cannot sell if the price is below $12. Midnight Writer Sep 2024 #45
Thanks. I didn't know about the $12 limit. wnylib Sep 2024 #47
No limit on $12 share price Mordred Sep 2024 #49
Thanks for the info. Midnight Writer Sep 2024 #50
Great business man, just like the three casinos he went demosincebirth Sep 2024 #23
Cents ?? Jack Valentino Sep 2024 #44
I check it every day. louis-t Sep 2024 #6
Weak hands (shorts) get shaken then come back with a vengeance. Looking forward to sub $12 soon. BlueWavePsych Sep 2024 #11
We've said this 7000 times... WarGamer Sep 2024 #7
You are about my favorite poster right now ismnotwasm Sep 2024 #9
Thank you Aviation Pro Sep 2024 #13
Trump Seen Losing Election to Harris, According to New Survey. DJT Stock Falls. BlueWavePsych Sep 2024 #12
As a professional trader let me give you my opinion of its value moonshinegnomie Sep 2024 #14
Never showed a profit. Never even broke even. louis-t Sep 2024 #16
And because there's a worldwide security Aviation Pro Sep 2024 #15
I'm here for your nicknames for the Felon. MontanaMama Sep 2024 #36
Trump will blame NASDAQ. He set the stage already. twodogsbarking Sep 2024 #17
So? Let him blame whatever comes into his pea-like, one firing synapse brain Aviation Pro Sep 2024 #18
MAGAts, quick! Get your $ out of Trump Social Media and put it into Trump bitcoin! n/t TygrBright Sep 2024 #19
. Think. Again. Sep 2024 #31
Anyone who bought it is dumb as a rock (unless they bought puts). MLAA Sep 2024 #22
It coincidentally shot up 30% the day of the first unconfirmed assassination or whatever that was ffr Sep 2024 #25
I bought many put contracts on this stock Mr.WeRP Sep 2024 #26
Congratulations! Ligyron Sep 2024 #29
I think Chump has sold his shares privately already FakeNoose Sep 2024 #32
Most likely in a contract that will execute on Sep 20th Mr.WeRP Sep 2024 #33
This was all a scam from the beginning Dread Pirate Roberts Sep 2024 #37
Every member of the cult should buy this stock dalton99a Sep 2024 #39
Many have lost their life savings in it. Mr.WeRP Sep 2024 #48
Maybe his bestie Elon can bail him out. Initech Sep 2024 #40
"SAD." Sky Jewels Sep 2024 #41
Was at 66 on Mar. 27th. Pinback Sep 2024 #51
I'd love to own his shares, even at 10 cents each it's 11.45 million. pat_k Sep 2024 #52
So many things should be questioned, would be a full time job though ... cliffside Sep 2024 #53
Oh MY!!!! It IS a great day!!! nt Trueblue Texan Sep 2024 #54
And now it's broken through $15 per share. $14.93 as I type this. nt Persondem Sep 2024 #55

BoRaGard

(7,591 posts)
1. He can't sell now without VIOLATING the law
Wed Sep 18, 2024, 10:44 AM
Sep 2024

The G.O.P. felon announced a week or so ago that he "would not sell" now.

So if he does sell, at whatever price, he will have SUCKERED his investors and made them into LOSERS.

That's clearly against the law. And everyone is watching to see what the republicon felon-in-chief will do.

republianmushroom

(22,326 posts)
21. Laws don't apply to the convicted felon, unless they are state laws, federal laws forget it.
Wed Sep 18, 2024, 12:32 PM
Sep 2024

43 months and counting (includes foot dragging)

usedtobedemgurl

(2,050 posts)
35. He does not care about the law.
Wed Sep 18, 2024, 01:31 PM
Sep 2024

That is for suckers and losers. No one will arrest him if he sells. Now if he took rich folks for a ride, he may have to pay. But taking the common folks for a ride and then selling the stock? He can sleep soundly on this one.

ProfessorGAC

(76,706 posts)
34. Not Sure How Many There Were
Wed Sep 18, 2024, 01:28 PM
Sep 2024

Last edited Wed Sep 18, 2024, 02:02 PM - Edit history (1)

Several involved were not allowed to lend shares to short sellers, and there were punitive terms for borrowing the stock.
Short selling was set up to be pretty tough to do bargain hunting.
Even the short-sellers that did get in may take a beating too, with the fees eating up the profits or more.

 

Think. Again.

(22,456 posts)
43. Thanks, I didn't realize they had guarded against that....
Wed Sep 18, 2024, 02:08 PM
Sep 2024

I guess they knew it was going to get overpriced due to trump's name and followers.

ProfessorGAC

(76,706 posts)
46. Likely The Exact Reason!
Wed Sep 18, 2024, 03:22 PM
Sep 2024

I'm not sure who imposed those restrictions but, I was public information quite a while back.
Similar to the restrictions put on TFG about selling before a certain date. Then, he couldn't sell at peak & tank the stock for everyone else.

JT99

(70 posts)
38. Minor quibble...
Wed Sep 18, 2024, 01:50 PM
Sep 2024

The current value of lead is about $1.15 per pound, or about $2300 per ton. I think DJT value is closer to that of shit.

PCIntern

(28,369 posts)
4. Hey Trumpsters lurking here!
Wed Sep 18, 2024, 10:50 AM
Sep 2024

Invest, buy low, sell high!!! Just a little hiccup here!

“Catch a falling knife” as we say….

Midnight Writer

(25,410 posts)
5. I think below 12 is the sweet spot.
Wed Sep 18, 2024, 10:59 AM
Sep 2024

My understanding is that Trump can't dump...er...sell his shares if the price drops below 12.

I hope he has to eat another financial loss from this grift.

Mordred

(231 posts)
8. It is all free money to Trump
Wed Sep 18, 2024, 11:26 AM
Sep 2024

He invested 0$ in this venture, his "contribution" is being the only posting lure on the network and his name.

Unless the stock falls into pennies, he should get something in the $100M to $1B range.

wnylib

(26,016 posts)
24. Aren't those figures dependent on IF he can sell the stock?
Wed Sep 18, 2024, 12:46 PM
Sep 2024

How many people would actually buy it?

They would get nothing in return for their stock shares. It would amount to a donation to Trump. Just another Trump scam. He gets to write off the losses AND collect money from the deluded ones who buy the stock.

Midnight Writer

(25,410 posts)
45. Supposedly, he got the stock with the provision he cannot sell if the price is below $12.
Wed Sep 18, 2024, 03:11 PM
Sep 2024

Of course, in TrumpWorld there is always a loophole.

Mordred

(231 posts)
49. No limit on $12 share price
Wed Sep 18, 2024, 04:38 PM
Sep 2024

The terms of the lockup allowed it to end on Sept. 19 if the price was above $12 (which it is). If it had fallen below $12, the lockup on Trump selling shares wouldn't end until Sept. 25.

Jack Valentino

(5,011 posts)
44. Cents ??
Wed Sep 18, 2024, 03:03 PM
Sep 2024

Seems like that was cited as the "true worth" of the shares according to accepted stock metrics... about 12 cents each.


Oh, nevermind-- I was responding to the subject line before I read the post--
thinking "the sweet spot to buy would be about 12 cents", if it was any other stock or owner...

BlueWavePsych

(3,336 posts)
11. Weak hands (shorts) get shaken then come back with a vengeance. Looking forward to sub $12 soon.
Wed Sep 18, 2024, 11:46 AM
Sep 2024

WarGamer

(18,613 posts)
7. We've said this 7000 times...
Wed Sep 18, 2024, 11:22 AM
Sep 2024

DJT goes as the campaign goes.

Trump wins and it's 100+ per share... Trump loses and it's de-listed worth pennies.

ismnotwasm

(42,674 posts)
9. You are about my favorite poster right now
Wed Sep 18, 2024, 11:36 AM
Sep 2024

Giving that asshole the lack of respect he deserves

BlueWavePsych

(3,336 posts)
12. Trump Seen Losing Election to Harris, According to New Survey. DJT Stock Falls.
Wed Sep 18, 2024, 11:49 AM
Sep 2024
A CNBC survey of 27 investment strategists, economists, and fund managers showed Vice President Harris is viewed as more likely to take the White House than Trump. According to the survey, 48% now see Harris winning the presidency in November, compared with 41% who think it’s more likely to be Trump.

The survey, released late Tuesday, was conducted from Sept. 12 to Sept. 14, after the first presidential debate between the rivals. It marks a change from a survey from late July, which showed 50% expecting Trump to win, compared with 37% predicting a Harris win.

DJT stock surged after the assassination attempt on the ex-president on July 13 but has fallen steadily since it became clear Harris would become the Democratic candidate after President Joe Biden dropped out of the presidential race.

Shares are down 76% since they hit a one-year high of $66 on March 27. The stock has lost 48% in the past three months.


https://www.barrons.com/articles/djt-stock-trump-harris-vote-2383750f

moonshinegnomie

(4,022 posts)
14. As a professional trader let me give you my opinion of its value
Wed Sep 18, 2024, 11:56 AM
Sep 2024

Based on revenue, profits and the brand power of trump I figure its value is……..
0.00 a share and not a penny more

louis-t

(24,618 posts)
16. Never showed a profit. Never even broke even.
Wed Sep 18, 2024, 12:04 PM
Sep 2024

Lost 10s of millions. Hmmm, where do I sign?

Aviation Pro

(15,578 posts)
18. So? Let him blame whatever comes into his pea-like, one firing synapse brain
Wed Sep 18, 2024, 12:21 PM
Sep 2024

NASDAQ don't play games.

ffr

(23,399 posts)
25. It coincidentally shot up 30% the day of the first unconfirmed assassination or whatever that was
Wed Sep 18, 2024, 12:46 PM
Sep 2024

Also coincidentally, TSF wasn't seen for a week prior to that charade. Was he working on the choreography to get it all down, including the fight, fight, fight, gestures afterwards?

Then, last Friday, before the second charade, the stock shot up abruptly 10% before closing. The next news we have about TSF is everyone in the media talking about a gunman while TSF was golfing again. Only, this time, the stock didn't shoot up as he probably expecting it to. It sank instead. ** beating a dead horse **

 

Mr.WeRP

(1,098 posts)
26. I bought many put contracts on this stock
Wed Sep 18, 2024, 12:46 PM
Sep 2024

The lower it goes, the more money I make. The volatility that will ensue when Trump starts liquidating at the end of the week will also increase my gains. Current gain (on paper is 36%).

Ligyron

(8,006 posts)
29. Congratulations!
Wed Sep 18, 2024, 12:58 PM
Sep 2024

Anything that profits off Trump’s demise is not only worth its weight in gold (sorta) but is a service to the nation as well.

FakeNoose

(41,634 posts)
32. I think Chump has sold his shares privately already
Wed Sep 18, 2024, 01:05 PM
Sep 2024

He's made some undercover deal with Russian buddies, or whatever. Nobody will ever know, of course. The MAGAs will be left holding the worthless stocks.

Let this be the last money the MAGAs ever give him. Let them be so angry that they refuse to vote for him

 

Mr.WeRP

(1,098 posts)
33. Most likely in a contract that will execute on Sep 20th
Wed Sep 18, 2024, 01:20 PM
Sep 2024

He used weasel words to say he wasn’t selling…
But if he sold a ITM special covered call contract at $12/share expiring this Friday to say, a Saudi prince, then he would be technically not lying. The shares would be assigned to the contract buyer and Trump would receive $1.5b.

Dread Pirate Roberts

(2,010 posts)
37. This was all a scam from the beginning
Wed Sep 18, 2024, 01:32 PM
Sep 2024

Just a way of funneling money to Trump at the expense of anyone dumb enough to invest in this idiotic endeavor. Let me see…the guy bankrupted two casinos , an airline, a steak company, a wine company, a vodka company, ran a sham “university “, misused inaugural funds, but Truth Social…oh this one will work for sure. The seed money for this latest fiasco was just a bunch of rich donors bypassing the already lax campaign finance laws to enrich their benefactor.

Initech

(108,783 posts)
40. Maybe his bestie Elon can bail him out.
Wed Sep 18, 2024, 01:53 PM
Sep 2024

Oh wait, Elon has lost so much money on Twitter that he may have to default on his other businesses. Never mind.

Pinback

(13,600 posts)
51. Was at 66 on Mar. 27th.
Wed Sep 18, 2024, 05:30 PM
Sep 2024

Time for this fake business to go the way of Trump University, Trump Steaks, and Trump Vodka.

pat_k

(13,375 posts)
52. I'd love to own his shares, even at 10 cents each it's 11.45 million.
Wed Sep 18, 2024, 05:33 PM
Sep 2024

Of course, since he undoubtedly leveraged and borrowed against the stock when it was stronger when it drops to $5 bucks he'll be a couple billion in the hole.

Just add it to the list of failures that somehow leave him with plenty of borrowed money to in his pockets.

cliffside

(1,720 posts)
53. So many things should be questioned, would be a full time job though ...
Wed Sep 18, 2024, 10:56 PM
Sep 2024

you have to love the name, Digital World Acquisition Company.

https://www.tradingview.com/x/O5rX8tfV/

Miami Herald Jan 2024
https://archive.ph/repex

Russian investor made millions off insider trading tied to Trump Media, court docs say

"...Postolnikov wound up making numerous investments in Digital World in September and October before the merger was announced. In the week following the announcement, he sold “substantially all” of his holdings for a profit of roughly $22.8 million, according to Troiano’s affidavit.

...The alleged insider trades aren’t the only financial connection between Postolnikov and the Trump company.
Dominica-based Paxum Bank, which public records show is controlled by Postolnikov, was reportedly the conduit of $8 million in loans to Trump Media, according to the Washington Post. The money came from a mysterious entity called the ES Family Trust, which listed a Paxum Bank employee named Angel Pacheco as the trustee, according to the Post.

Trump Media has filed suit against the Washington Post for defamation. The company acknowledged last year to the SEC that it owes at least $2 million to the ES Family Trust..."

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