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FakeNoose

(39,888 posts)
31. I don't think he put any of his own money into it
Fri Apr 12, 2024, 08:11 AM
Apr 2024

Chump always gets other people to finance his businesses, and this one is no different. We've learned that Russian oligarchs put up some of the original cash for Truth Social.

When the partners set up the corporation, Chump was "given" a certain number of shares of stock. By the order of the judge (I think it's Judge Engoren) he can't trade or sell those shares for three years. Meanwhile other investors can buy, sell, trade or do whatever they want with their shares. Chump has to sit and watch the value going down, and he can't do anything.

Some of the early investors might have made money in the first week, but anyone who buys the stock now or later on will probably lose their shirts.

Recommendations

0 members have recommended this reply (displayed in chronological order):

Watch it sink down into the drink! calimary Apr 2024 #1
What is an alarm clock? I haven't used one in decades. elocs Apr 2024 #2
For me, it's a pretty consistant 5AM call. OAITW r.2.0 Apr 2024 #6
Mine licks my face JoseBalow Apr 2024 #11
I have mine timed so that I get one snooze before Stephanie starts at 6:06 Unwind Your Mind Apr 2024 #14
Have you replaced True Dough Apr 2024 #27
Brings new meaning to the words... littlemissmartypants Apr 2024 #32
Ha ha! True Dough Apr 2024 #34
❤️ littlemissmartypants Apr 2024 #35
I have to thank whoever posted the real time ticker. Arthur_Frain Apr 2024 #3
Share the fun: Ponietz Apr 2024 #5
That's the one! Arthur_Frain Apr 2024 #9
Thanks to Ponietz for reposting for me Bernardo de La Paz Apr 2024 #25
He has put $0 into it, so Jose Garcia Apr 2024 #4
I'm evil. Thinking some of his supporters lost their asses. Kaleva Apr 2024 #19
DJT.O as in oh is the actual ticker to watch IbogaProject Apr 2024 #7
I wish DoBW Apr 2024 #8
The stock price did go up on both Tuesdays Progressive dog Apr 2024 #10
Lol!!! blue-wave Apr 2024 #12
He owns 78 million shares. edhopper Apr 2024 #13
Just be aware it will also go up a tick or two Warpy Apr 2024 #15
Not interested. brooklynite Apr 2024 #16
These are not Trump's business failings Rachel M at 6 pm Apr 2024 #22
So you want people to admit they've been duped? brooklynite Apr 2024 #23
That is my hope Rachel M at 6 pm Apr 2024 #24
Thanks for keeping up with this so others of us don't have to. ancianita Apr 2024 #17
When it's delisted I will pop the cork. 58Sunliner Apr 2024 #18
Maybe it'll merge with Xformerlyknownastwitter. Buns_of_Fire Apr 2024 #20
The memes on Mastadonz would be epic. n/t Hugin Apr 2024 #30
Over at FR, they don't talk much anymore about how rich this made Trump Kaleva Apr 2024 #21
Can't imagine getting up at 6 for something that jimfields33 Apr 2024 #26
wont he just write it off as a giant loss? samnsara Apr 2024 #28
I don't think he put any of his own money into it FakeNoose Apr 2024 #31
You have far more patience than I do... Hugin Apr 2024 #29
$30.87 so far this morning crazylikafox Apr 2024 #33
kick dembotoz Apr 2024 #36
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