|
Joined: Nov 2006
Posts: 1,019
Campfire Regular
|
OP
Campfire Regular
Joined: Nov 2006
Posts: 1,019 |
And there ya have it. The same old tired argument the GOP used when Obama was in office and supposedly only created government and part time jobs. Those people count on Americans to be too stupid to realize what U6 is, and unfortunately, like the poster above, many Americans believe it. And it will all go towards defending him in court! 🤣🤣
|
|
|
|
Joined: Jan 2006
Posts: 430
Campfire Member
|
Campfire Member
Joined: Jan 2006
Posts: 430 |
And djt continues its route to penny stock status in the near future, good luck to those who invested in this maybe the losses will help you out with tax deductions in 2024 tax year. It is not that many stocks that lose %50 of there values so fast, be proud of losing money. If the stock has any value in 6 minths (when donny can sell) the money you invested will help him pay his legal fees so maybe you are proud of helping a billionaire with his legal fees, me I always thought a billionaire should be able and should pay their own legal fees.
By the way maybe if you had taken a gander at donny's other failed ventures (Trump wine, steaks, universitym, water, airline, 2 casinos, ...) you would have realized that investing in trash social was a losing proposition. Those of you that short sold the stock hopefully the high fees did not kill you apparently so many folks wanted to shirt that the fees to so got wracked up.
Have a good day, wade
|
|
|
|
Joined: Aug 2023
Posts: 445
Campfire Member
|
Campfire Member
Joined: Aug 2023
Posts: 445 |
Thanks. That was great advice. Second week in a row I made 40% on DJT puts. Like taking candy from a baby.
|
|
|
|
Joined: Mar 2020
Posts: 3,844 Likes: 1
Campfire Tracker
|
Campfire Tracker
Joined: Mar 2020
Posts: 3,844 Likes: 1 |
The campfire Xiden voters are giddy.
|
|
|
|
Joined: Jan 2006
Posts: 430
Campfire Member
|
Campfire Member
Joined: Jan 2006
Posts: 430 |
Stock performance today 6 dollars closer to penny stock status, and $5.96 (18.32%) loss as of 2:50 PM CST today. A release came out that that the spac wanted to issue a boatload of additional shares, thereby diluting the value of the current shareholders holding. A bunch of people finally got their eyes opened to the grift they had funded and dumped their shares before the value hit 0. It looked like the lion's share of the new shares would be given to donny, if the stock performed good for an unspecified amount of time.
I would guess that since the dramatic decline in the stock's price has reduced donny's net worth by a factor of 2 or more we needed to turn up the heat on this particular grift so get more shares issued and pocket them is one way. The other way to increase donny's net worth is to actually make something of the dumpster fire called truth social but that ain't gonna' happen. If donny was able to be successful at Truth Social there would still be trump water, steaks, charities, wine, airline, mattress, university, condoms, casinos, ... Who in their right mind would bet on a horse that had lost that many times? To buy into DJT you have to be a little on the gullible side or just plain stupid, you be the judge as I am not saying anybody is stupid just raising the obvious issue.
donny has the Fecal Touch, not unlike the Midas Touch, but instead of turning all he touches into gold donny turns it into excrement. Explain to me why donny doesn't have Fecal Touch since he has spawned so many businesses that go belly up shortly after inception. Hard to hide so many losses.
All donny had to do was put the money he inherited from his dad into index-based funds and he would have more money today than he does. How does a proclaimed brilliant business man beat the stock market (the wrong way) by loosing so much money that he did worse than the market?
Have a good afternoon, wade
26.63 -5.96 (-18.32%)
|
|
|
|
Joined: Dec 2007
Posts: 11,211
Campfire Outfitter
|
Campfire Outfitter
Joined: Dec 2007
Posts: 11,211 |
All donny had to do was put the money he inherited from his dad into index-based funds and he would have more money today than he does. How does a proclaimed brilliant business man beat the stock market (the wrong way) by loosing so much money that he did worse than the market?
Have a good afternoon, wade
26.63 -5.96 (-18.32%) Like this jerk off knows what market performance is 40 years into the future. LOL
|
|
|
|
Joined: Aug 2023
Posts: 445
Campfire Member
|
Campfire Member
Joined: Aug 2023
Posts: 445 |
All donny had to do was put the money he inherited from his dad into index-based funds and he would have more money today than he does. How does a proclaimed brilliant business man beat the stock market (the wrong way) by loosing so much money that he did worse than the market?
Have a good afternoon, wade
26.63 -5.96 (-18.32%) Like this jerk off knows what market performance is 40 years into the future. LOL DJT had 4 million in revenue last year. It lost 58 million. It has 1% the traffic for users as Reddit. It is so politically controversial most mainstream advertisers won't come near it and since advertising is the way social media usually makes money this is a big problem. There is no clear path to growth for it, much less a path to profitability. Yet Trump's cult members bid the stock up to almost 8 billion dollar market cap. By any measure the company should be a penny stock. Of course it was going to come crashing down. Thanks MAGA for giving me some quick trading profits.
|
|
|
|
Joined: Dec 2007
Posts: 11,211
Campfire Outfitter
|
Campfire Outfitter
Joined: Dec 2007
Posts: 11,211 |
|
|
|
|
Joined: Jan 2009
Posts: 3,435
Campfire Tracker
|
Campfire Tracker
Joined: Jan 2009
Posts: 3,435 |
Anyone who supports OBiden over trump is a fool, traitor or BOTH!!!
Liberalism is a cancer Support Christian Family values
|
|
|
|
Joined: Jan 2006
Posts: 430
Campfire Member
|
Campfire Member
Joined: Jan 2006
Posts: 430 |
All donny had to do was put the money he inherited from his dad into index-based funds and he would have more money today than he does. How does a proclaimed brilliant business man beat the stock market (the wrong way) by loosing so much money that he did worse than the market?
Have a good afternoon, wade
26.63 -5.96 (-18.32%) Like this jerk off knows what market performance is 40 years into the future. LOL The forty years I was referring to were in the past, donny's dad died a while back, not hard to predict what happened in the last 40 years. Maybe I did not understand your poorly worded response. Main point not much of a sharp businessman if you bring out about a dozen products that fail and consistently underperform the market. I probably was not clear at the point I was trying to make so here I will try to be a little more clear: donny is a lousy businessman his history is the best proof of that. donny probably would have been destitute by now but for The Apprentice which brought him millions, not for his business acumen but his stage presence. Those of you that believe truth social is going to rise like Phoenix keep buying, hey maybe the tax writeoff from the losses will help you out. Me I would rather make investments that increase my net worth. The stock market is no place to prove your love for someone who couldn't care less about your welfare. Have a good evening, wade
|
|
|
|
Joined: Jan 2006
Posts: 430
Campfire Member
|
Campfire Member
Joined: Jan 2006
Posts: 430 |
DJT had 4 million in revenue last year. It lost 58 million. It has 1% the traffic for users as Reddit. It is so politically controversial most mainstream advertisers won't come near it and since advertising is the way social media usually makes money this is a big problem. There is no clear path to growth for it, much less a path to profitability. Yet Trump's cult members bid the stock up to almost 8 billion dollar market cap.
By any measure the company should be a penny stock. Of course it was going to come crashing down. Thanks MAGA for giving me some quick trading profits. Good points but the facts have little bearing zas there are many here who see backing donny as the thing that defines them so no amount of logic will displace them. After they have lost all of their money on DJT and are eating cat food they will still blame "fake media" of the "communist left", of "the woke mob", or some other word salad they heard donny or some other rightwing mouthpiece say ruined truth social, but you can't ruin something that came out of the gate ruined. They will never believe that if was a grift by donny, even while choking on the dry cat food, the canned stuff is just too expensive.
|
|
|
|
Joined: May 2016
Posts: 60,437 Likes: 13
Campfire Kahuna
|
Campfire Kahuna
Joined: May 2016
Posts: 60,437 Likes: 13 |
Trump flushes out the grabbed pussies.
I am MAGA.
|
|
|
|
Joined: Aug 2023
Posts: 445
Campfire Member
|
Campfire Member
Joined: Aug 2023
Posts: 445 |
DJT had 4 million in revenue last year. It lost 58 million. It has 1% the traffic for users as Reddit. It is so politically controversial most mainstream advertisers won't come near it and since advertising is the way social media usually makes money this is a big problem. There is no clear path to growth for it, much less a path to profitability. Yet Trump's cult members bid the stock up to almost 8 billion dollar market cap.
By any measure the company should be a penny stock. Of course it was going to come crashing down. Thanks MAGA for giving me some quick trading profits. Good points but the facts have little bearing zas there are many here who see backing donny as the thing that defines them so no amount of logic will displace them. After they have lost all of their money on DJT and are eating cat food they will still blame "fake media" of the "communist left", of "the woke mob", or some other word salad they heard donny or some other rightwing mouthpiece say ruined truth social, but you can't ruin something that came out of the gate ruined. They will never believe that if was a grift by donny, even while choking on the dry cat food, the canned stuff is just too expensive. Yep. One thing Trump’s followers will never understand is this was a failing company. Taking it public was a way for Trump to get some money out of it. Yeah, Trump’s shares are locked up for a while. But, his followers bid up the price to a crazy level for this company. At that point Trump can buy puts with an expiration date longer than his lock up period and guarantee he can sell them at that higher price. There are a number of other ways he can also make money by going public, even if the shares eventually go to zero. Most of the people left holding the bag and will be watching money evaporate will be his followers. Trump will make money on this at the expenses of those that believe in him and bought the stock. They will still worship Trump though, because that is what it is like in a cult.
Last edited by RHOD; 04/16/24.
|
|
|
|
Joined: May 2016
Posts: 60,437 Likes: 13
Campfire Kahuna
|
Campfire Kahuna
Joined: May 2016
Posts: 60,437 Likes: 13 |
You two fâgs should double date with Tapper and Lemon.
I am MAGA.
|
|
|
|
Joined: Feb 2010
Posts: 2,835
Campfire Regular
|
Campfire Regular
Joined: Feb 2010
Posts: 2,835 |
|
|
|
|
Joined: Jan 2006
Posts: 430
Campfire Member
|
Campfire Member
Joined: Jan 2006
Posts: 430 |
So Truth Social made an announcement that they were going to start streaming video on the platform and the stockholders were so excited by that announcement that they dumped enough shares for a decline of almost 15% at 2:30 Eastern. I guess there are enough folks out there that finally realized the djt is a dumpster fire and get out while there is some value left who cares if you bought in at 3-4 times today's prices it is better to get $20 than 20 cents.
Don't despair there is still ample time to make money on this stock by shorting if the costs are not too high. I looked into it on my brokerage and the charges were very high, too many people trying to short and not enough willing to let go.
Have a good afternoon, wade
|
|
|
|
Joined: Jan 2012
Posts: 26,529 Likes: 3
Campfire Ranger
|
Campfire Ranger
Joined: Jan 2012
Posts: 26,529 Likes: 3 |
FJB & FJT
|
|
|
|
Joined: Aug 2017
Posts: 9,067
Campfire Outfitter
|
Campfire Outfitter
Joined: Aug 2017
Posts: 9,067 |
Trolls from mordor are hard at it.
|
|
|
|
Joined: Jan 2012
Posts: 26,529 Likes: 3
Campfire Ranger
|
Campfire Ranger
Joined: Jan 2012
Posts: 26,529 Likes: 3 |
And it will all go towards defending him in court! 🤣🤣 TDS^^^ All donny had to do was put the money he inherited from his dad into index-based funds and he would have more money today than he does. How does a proclaimed brilliant business man beat the stock market (the wrong way) by loosing so much money that he did worse than the market?
Have a good afternoon, wade
26.63 -5.96 (-18.32%) More TDS^^^^ Yep. One thing Trump’s followers will never understand is this was a failing company. Taking it public was a way for Trump to get some money out of it. Yeah, Trump’s shares are locked up for a while. But, his followers bid up the price to a crazy level for this company. At that point Trump can buy puts with an expiration date longer than his lock up period and guarantee he can sell them at that higher price. There are a number of other ways he can also make money by going public, even if the shares eventually go to zero. Most of the people left holding the bag and will be watching money evaporate will be his followers.
Trump will make money on this at the expenses of those that believe in him and bought the stock. They will still worship Trump though, because that is what is like in a cult. And some more TDS^^^^
FJB & FJT
|
|
|
|
Joined: Nov 2015
Posts: 14,674 Likes: 4
Campfire Outfitter
|
Campfire Outfitter
Joined: Nov 2015
Posts: 14,674 Likes: 4 |
|
|
|
|
584 members (1badf350, 1lesfox, 1936M71, 10gaugemag, 12344mag, 01Foreman400, 56 invisible),
2,511
guests, and
1,498
robots. |
Key:
Admin,
Global Mod,
Mod
|
|
Forums81
Topics1,192,194
Posts18,485,002
Members73,966
|
Most Online11,491 Jul 7th, 2023
|
|
|
|