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Post by ferris1248 on Apr 16, 2024 5:27:52 GMT -5
"The rocky ride continues for Trump Media & Technology investors. On Monday, shares plunged another 18.4% as the company said it planned to issue more stock." "While this is not uncommon for SPAC stocks, the addition of 21.5 million shares will put more than 15% in additional float on the market. Such dilution is never a way to win over shareholders." "Those who bought the Donald Trump stock at recent highs are nursing painful losses. Trump Media stock is now down more than 66% from the stock's 2024 high, which it touched on March 26." "People who hung on after purchasing Trump Media at its all-time high of 175 — reached in October 2021 when it was still Digital World Acquisition — have lost nearly 85% of their money." www.investors.com/market-trend/stock-market-today/dow-jones-nasdaq-sp500-elon-musk-cathie-wood/?src=A00220 |
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Post by ferris1248 on Apr 16, 2024 6:43:49 GMT -5
WithumSmith+Brown quit being the auditor for Trump Media just months after being appointed. The firm didn't want to be associated with Donald Trump and his company, per the Financial Times. The accounting firm that was first hired to audit former President Donald Trump's social media company quit just months after it was appointed, the Financial Times reported on Monday. WithumSmith+Brown was appointed to vet Trump Media & Technology Group's financials soon after it was founded in early 2021. But the firm resigned before the end of 2021, the FT reported citing people familiar with the matter. According to the FT's sources, WithumSmith+Brown no longer wanted to be associated with Trump and his company after several months on the job. The accounting firm declined to comment on why it had resigned when approached by the FT. In January 2022, Trump Media instead turned to a smaller accounting firm to conduct the audit, BF Borgers, which has less than stellar record with regulators. The Public Company Accounting Oversight Board said it identified multiple deficiencies in every audit it had reviewed from BF Borgers in the past two years, per Bloomberg. BF Borgers was also removed from the American Institute of Certified Public Accountants' peer review program in November "because the firm was found to be so seriously deficient in its performance that education and remedial, corrective actions are not adequate." www.msn.com/en-us/news/politics/an-accounting-firm-hired-to-vet-truth-social-s-financials-quit-after-less-than-a-year-because-it-no-longer-wanted-to-be-linked-to-trump-ft/ar-BB1lGtqa?ocid=winp1taskbar&cvid=967b83845908493f879802c28b962d13&ei=17 |
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Post by nikonoclast on Apr 16, 2024 8:36:16 GMT -5
This mornings NY Times also discussed the machinations surrounding "Truth" social and Trump Media.
"Shares ... plunged on Monday after the company filed to register the potential sale of tens of millions of additional shares."
"Since a surge in the first days of trading ... shares have dropped about 60 percent."
Warrants to buy the stock at a preset price have also plunged about 50% since the start of the month.
Investors probably found little comfort in the filing since it also granted Trump an additional 36 million shares.
Last year, Trump Media reported $4.1 million in revenue, all of it from advertising, and Lost $58 million dollars along the way.
Small wonder that Trump Media stock is one of the most heavily shorted stocks in the United States.
Stay tuned, sports fans ... this will be a wild ride.
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Post by ferris1248 on Apr 16, 2024 8:56:55 GMT -5
Interesting.........Is it real or just pumping the stock? "(Reuters) -Trump Media & Technology Group is planning to roll out a live TV streaming platform in phases, the Truth Social parent said on Tuesday." "The social media company linked to former US president Donald Trump will launch Truth Social's content delivery network for streaming live TV on the app for Android, iOS and Web in the first phase." "It plans to release the streaming apps for TV in the final third phase, the company said, without disclosing a timeline. It has carried out six months of testing of the technology." "Shares of Trump Media rose slightly in premarket trading on Tuesday, up 1.5%, after the news." finance.yahoo.com/news/donald-trumps-media-firm-roll-102105544.html |
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Post by Captj on Apr 16, 2024 10:06:19 GMT -5
They'll disclose launch dates after jury selection.
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Post by biminitwisted on Apr 16, 2024 11:23:18 GMT -5
Interesting.........Is it real or just pumping the stock? "(Reuters) -Trump Media & Technology Group is planning to roll out a live TV streaming platform in phases, the Truth Social parent said on Tuesday." "The social media company linked to former US president Donald Trump will launch Truth Social's content delivery network for streaming live TV on the app for Android, iOS and Web in the first phase." "It plans to release the streaming apps for TV in the final third phase, the company said, without disclosing a timeline. It has carried out six months of testing of the technology." "Shares of Trump Media rose slightly in premarket trading on Tuesday, up 1.5%, after the news." finance.yahoo.com/news/donald-trumps-media-firm-roll-102105544.htmlPump doesn't seem to be working. 23.42 USD −3.19 (11.99%)today |
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Post by biminitwisted on Apr 16, 2024 14:40:10 GMT -5
TIMBAH!
22.99 USD
−3.62 (13.60%)today
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Post by biminitwisted on Apr 16, 2024 15:06:23 GMT -5
President Biden: If Trump's stock in his Truth Social company drops any lower, he might do better under my tax plan than his.
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Post by Deleted on Apr 16, 2024 15:23:52 GMT -5
Damn. He’s down to only an 1.4 billion now. 🤣😂👍
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Post by biminitwisted on Apr 16, 2024 15:31:14 GMT -5
Damn. He’s down to only an 1.4 billion now. 🤣😂👍 He'll be fine. Conmen and scoundrels usually are. Shame about all the hard working supporters losing their shits though. But, lay down with dogs... |
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Post by Deleted on Apr 16, 2024 15:34:03 GMT -5
Everyone goes into stock investing with their eyes open. No Villanova here.
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Post by biminitwisted on Apr 16, 2024 15:47:04 GMT -5
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Post by nikonoclast on Apr 16, 2024 18:03:07 GMT -5
Thanks for the reminder.
I had completely forgotten about Trump Mortgage and Trump Shuttle.
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Post by nikonoclast on Apr 16, 2024 18:12:25 GMT -5
Will this "pump & dump" scheme succeed?
There's a chance it might ... though it stinks on ice.
Even if he does get access to more cash, it will be too late.
The $175 million bond Trump supposedly posted will probably be found deficient.
It's just another scam ... all the fine print ... all the film-flam ... going straight down the tubes.
Trump doesn't have the money, and nobody will put themselves on the line to loan it to him.
By the end of next week, if not sooner, the compound interest will kick in, and his property will be seized.
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Post by tonyroma on Apr 17, 2024 0:01:28 GMT -5
Everyone goes into stock investing with their eyes open. No Villanova here. Thats the thing with Trump supporters , they have complete faith in the messiah. When grandma and pop pop lose every single penny, then what happens? Rubes gonna rube. And he will ask for another 5$ donation next week. It’s F’ing sad. |
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Post by Deleted on Apr 17, 2024 6:36:33 GMT -5
Everyone goes into stock investing with their eyes open. No Villanova here. Thats the thing with Trump supporters , they have complete faith in the messiah. When grandma and pop pop lose every single penny, then what happens? Rubes gonna rube. And he will ask for another 5$ donation next week. It’s F’ing sad. [br Cut it out. Trump Trump Trump is getting real old. Give me examples of the exact people that you are talking about? Names and people that are voicing complaints about being cheated? Trump TDS is alive and well on your head and too many other people on here. You dream of things to blame Trump for in your sleep. Just like your MESSIAH - Lyin Joe Biden - the executive in chief of the Biden Crime Family. Why don’t you rant about the damages and costs to EVERY AMERICAN that his betrayal and sale of America has done? People invest to make money. Risk is involved. Plain and simple. |
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Post by tonyroma on Apr 17, 2024 8:47:00 GMT -5
Thats the thing with Trump supporters , they have complete faith in the messiah. When grandma and pop pop lose every single penny, then what happens? Rubes gonna rube. And he will ask for another 5$ donation next week. It’s F’ing sad. [br Cut it out. Trump Trump Trump is getting real old. Give me examples of the exact people that you are talking about? Names and people that are voicing complaints about being cheated? Trump TDS is alive and well on your head and too many other people on here. You dream of things to blame Trump for in your sleep. Just like your MESSIAH - Lyin Joe Biden - the executive in chief of the Biden Crime Family. Why don’t you rant about the damages and costs to EVERY AMERICAN that his betrayal and sale of America has done? People invest to make money. Risk is involved. Plain and simple. Title of the thread is DJT, I was on topic. |
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Post by nikonoclast on Apr 17, 2024 9:41:05 GMT -5
Thats the thing with Trump supporters , they have complete faith in the messiah. When grandma and pop pop lose every single penny, then what happens? Rubes gonna rube. And he will ask for another 5$ donation next week. It’s F’ing sad. Give me examples of the exact people that you are talking about? Names and people that are voicing complaints about being cheated? Actually, "exact" people are an afterthought when Trump is facing a Class Action. It's guaranteed that specialty law firms in Delaware are licking their chops at the prospect. These are firms who do no other type of law ... they sue boards of directors of public company's. "False or misleading statements" are their bread & butter, and they go after them like starving hyenas! These are some of the coldest hearted, most aggressive, and vicious litigators on the planet. Trump has been pushing this worthless grift on a daily basis ... what choice does he have? Almost none ... taking Trump Media public was a desperation move ... he's peering over a cliff. In addition to an upcoming Civil Rico action in NY, and the defamation suits in Georgia, his current debts are enormous. What does he have left? ... Unless he's even dumber than a bankrupt casino, he has "Director Insurance". Any competent board has millions of it, to protect their tender tushies. What are Trumps chances in Delaware Chancery Court? ... Slim and None. In that Court, a press release stating that a suit is "without merit" can be considered "false or misleading"! As I just said, Trump's chances of escaping are slim and none. He's toast. His company is toast. His adult kids are toast. Forget all about "Texas Toast" and "French Toast". We can add "Trump Toast" to the top of the list. |
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Post by Deleted on Apr 17, 2024 10:08:50 GMT -5
Trump Trump Trump
Happy Dreams
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Post by nikonoclast on Apr 17, 2024 11:01:46 GMT -5
Trump Trump Trump Happy Dreams Absolutely! Because, as so many of us already know: " Every day, is a great day, for another indictment!" |
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Post by gardawg on Apr 17, 2024 11:50:27 GMT -5
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Post by Deleted on Apr 17, 2024 12:32:10 GMT -5
👍👍👍👍👍
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Post by biminitwisted on Apr 17, 2024 12:32:50 GMT -5
In fairness to Trump's fucktarded supporters the stock is up today. Pump up the jam!
Time to buy and get in at the bottom before the rocket takes off.
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Post by cyclist on Apr 17, 2024 13:18:45 GMT -5
In fairness to Trump's fucktarded supporters the stock is up today. Pump up the jam! Time to buy and get in at the bottom before the rocket takes off. For every share bought, the magaa traitors get a free trump bible, a red hat and some gold clown shoes, all made in Chiiina! |
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Post by ferris1248 on Apr 18, 2024 15:52:28 GMT -5
Trump Media & Technology Group stock (DJT) jumped over 25% Thursday as the company tried to fend off short sellers amid a volatile trading week.
According to an updated FAQ page on the Trump Media website, which is also included in a new securities filing posted Wednesday, the company is advising investors on ways to prevent their shares from being loaned for a short-interest position.
Short interest in DJT stock — bets that the stock price will fall rather than rise — is about 13% of outstanding shares, according to the latest data from S3 Partners. That's up from roughly 11% at the time of its public market debut. The average short interest in public companies sits in the 3% to 4% range.
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Post by nuevowavo on Apr 18, 2024 16:10:01 GMT -5
Trump Media & Technology Group stock (DJT) jumped over 25% Thursday as the company tried to fend off short sellers amid a volatile trading week. According to an updated FAQ page on the Trump Media website, which is also included in a new securities filing posted Wednesday, the company is advising investors on ways to prevent their shares from being loaned for a short-interest position. Short interest in DJT stock — bets that the stock price will fall rather than rise — is about 13% of outstanding shares, according to the latest data from S3 Partners. That's up from roughly 11% at the time of its public market debut. The average short interest in public companies sits in the 3% to 4% range.
Looks like it worked - shorts are getting their balls squeezed today.
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Post by Deleted on Apr 18, 2024 16:37:48 GMT -5
Does that put trumps holdings value at 2 billion + ?
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Post by Deleted on Apr 18, 2024 16:39:45 GMT -5
When he is sworn in as president 47 the stock will jump up. What do you whose holdings will be valued e? 10 billion?
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Post by johngalt on Apr 18, 2024 17:48:21 GMT -5
I just find it fascinating how some here can’t wait to vote for a brain dead foreign agent who supports open borders, invasion of illegals, human trafficking, sexual exploitation of children, fentanyl poisoning, a collapsing dollar, a country that is the laughing stock of the world, a debt that exceeds our GDP, stabbing allies in the back, inflation and who thinks that people can change their sex!
Trump definitely has his flaws but, he seems like a helluva better choice.
By the way let’s see a show of hands who support all the Hamas demonstrations around the country??
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Post by Deleted on Apr 18, 2024 18:12:54 GMT -5
I just find it fascinating how some here can’t wait to vote for a brain dead foreign agent who supports open borders, invasion of illegals, human trafficking, sexual exploitation of children, fentanyl poisoning, a collapsing dollar, a country that is the laughing stock of the world, a debt that exceeds our GDP, stabbing allies in the back, inflation and who thinks that people can change their sex! Trump definitely has his flaws but, he seems like a helluva better choice. By the way let’s see a show of hands who support all the Hamas demonstrations around the country?? You are spot on! Trump has a lot of warts BUT he is sooo much better than the present president. We are in bad trouble with this clown puppet. |
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