Truth Social goes public, be careful not to lose your money

a reply to: matafuchs

Panic is setting in at Trump Media. Here’s company CEO and longstanding Trump bootlicker Devin Nunes making things worse for himself and the stock price by trying to blame the losses on ‘naked’ short-selling. His claims were laughed to scorn by regular investors, and Citadel Securities tore him a nice new one for his childish, doomed attempt at market manipulation.

His blethering did, at least, put new heart into the MAGA faithful, who bought back in in such numbers that they actually turned the price trend around in Friday’s trading. I predict that the short-sellers will leave the stock alone until it peaks, then pounce. Better lay in more popcorn before that.

If you bought this stock in January you have doubled your money at this point. There were quite a few who sold high and it thins out the crowd.

As a six month investment there is no downside. If it tanks and is not here in a year, we can revisit the thread but the only reason this is even slightly new worthy is Trump. Another thing to try to make him look like a loser for the MSM.

a reply to: Astyanax

Seems there's been lots of short activity

a reply to: xuenchen

Seems there's been lots of short activity

Oh, yes. The heady taste of blood in the water. Did you indulge?

***

a reply to: matafuchs

If you bought this stock in January you have doubled your money at this point.

Yes, provided it was before 11 January, when the price was still a measly $17.32.

If you bought this stock at close on 31 January, you paid $37.95 per share. Its value at this moment is $36.38. So you’d have you lost over a dollar per share. If you bought on any day after that, you’re a loser today.

And if you bought DWAC (as was) at its historical peak on 4 March 2022 after plans to acquire Truth Social were announced, you’d be down $60.16 per share today.

I wonder how much money the MAGA faithful really have lost to this bubble over the whole period − money that didn’t even go into Trump’s coffers but into the pockets of thousands of much savvier market players. Billions and billions, I suppose. And then there were the trading cards, whose value in that unregulated market is artificially inflated by no-loss, even-stevens trading between collectors (does anyone need to have that explained, too?)

You guys really are willing to make the sacrifice, eh? The shirts off your backs for your Lord Antichrist. Will you be as eager to shell out when he demands your life? Because that's coming, you know. Wait and see.

Support this MAGA cause. TM&TG is still a great investment. And when trump gets reelected, we'll all be rich.


www.tradingview.com...

Where are all the doom and gloom posts? Up 58% in 5 days rolling.

a reply to: Astyanax

" Here’s company CEO and longstanding Trump bootlicker Devin Nunes "


I made Money on the TS Stock . Money Talks and BS Walks.......

originally posted by: matafuchs
Where are all the doom and gloom posts? Up 58% in 5 days rolling.

DJT stock re-stabilizing now that the merge with DWAC is apparently complete and DWAC is no longer.

a reply to: matafuchs

Where are all the doom and gloom posts? Up 58% in 5 days rolling.

Currently $36.46. Admittedly a vast improvement on a fortnight ago, when it fell briefly to $15. But five days ago (see my post of April 21 above) it was $37.95, so your claim that it’s risen 58% in five days is moonshine.

The current stock price, as well as price movement over the past day, five days, month, year and five years is always visible on Google (see the illustration below). Inventing your own numbers just makes you look like a liar.

If Trump is re-elected the share price will certainly soar again, though that, too, will be a flash in the pan because the fundamentals just aren't there with this company, whether Trump's rump is befouling the Resolute Chair or not.

Yet they are ready to release 21 million more shares of stock.

Way to tell us you don’t understand the stock market without telling us you don’t understand the stock market.

When you ‘pay’ shareholders with stock instead of dollars, you are actually reducing the market value of the stock by dilution. If all shareholders are entitled to the bonus issue, the share price will fall, but they won’t lose any of their money because the new shares they receive make up for the loss in value of all their DJT shares. I have, myself, enjoyed the benefit of such bonus issues from time to time. The benefit comes not from the share price (which usually falls due to the increased availability of shares) but from the dividends the shares earn for you. The more shares you hold, the bigger the annual payout.

But bonus issues don’t always have to be distributed evenly. And in such cases, those who receive the bonus issue make money out of the remaining shareholders, who lose money when the share price falls.

That’s exactly what’s happening here. according to Forbes, Trump is planning to keep 90 percent of the bonus stock for himself.

However, in Donald Trump's personal SEC filing on Form 13D, he states that his potential bonus payment is 36M shares. It does not say that is a pro rata amount. Instead, it is an even number 90% of the 40M share total.

In other words, he’s planning to keep most of the gains for himself. And where will those ‘gains’ come from? Not from the market, where the price (as the article explains) will immediately fall to reflect the increased availability of DJT shares.

No, that money comes from existing DJT shareholders. Trump is scamming his cult members again.

***

Man, this thread is hilarious. Here’s another comedian:

a reply to: Zanti Misfit

I made money on the TS Stock. Money talks and BS walks.

Look at this graph. If you bought DWAC/DJT at any time between 23 Sep 2022 and 12 Jan 2024, and sold at any time after that (apart from that disastrous dip two weeks ago), you would certainly have made money. No-one is disputing that.

Look at this graph. It’s easy enough to read the facts from it.


If you bought in before Sep 2022 or after Jan 2024, however, you’re a loser. And if you still have any DJT you’re holding, you’re set to be an even bigger loser.

a reply to: Astyanax

Inventing your own numbers just makes you look like a liar.

Nothing was invented. You should check yourself and facts before accusing people of things. Thanks for the breakdown though. I most certainly do not need investment advice from you.

My point was since this thread was made, yes, it fell but when I posted the 'rolling 5 day' meaning a week of trading was way up. Everyone is doom and gloom including yourself trying to make this a grift by Trump.

The Stock market It is all a scam if you really want to say it like that because if any company goes bankrupt...it's gone.

Everyone can have an opinion.

a reply to: matafuchs

The Stock market It is all a scam if you really want to say it like that because if any company goes bankrupt...it's gone.

How silly. Do you understand what a company is, and why they exist? A company (or ‘corporation’) is a group of people who supply setting-up and/or working capital to an enterprise in exchange for a share of the profits. A stock market is simply an exchange on which those shares can be bought and sold.

It is not a scam. In fact, the concept of limited liability exists to protect shareholders from the most obvious risk of owning a business: being held legally liable for the debts of the business or for any illegal act committed by its management.

The only risk you are left with is that the company will make a loss (or at least a reduced profit), or close down altogether. In the latter case, your shares will entitle you to a portion of the assets of the company. The former case is what affects the value of company shares on the stock market, and it is nothing but the normal risk of owning a business divided up among the owners in proportion to how much of the company they own.

I have invested in stock markets for many years. I buy shares in reliable, high-yielding businesses for the dividends they offer, not for the premium on their shares. Corporate dividends form a substantial part of my income. I don’t buy or sell much. I stay in touch with what’s happening in the world (and rely, further, on my brokers for advice), but I don’t closely follow the markets. I don’t need to, because I am an investor, not a speculator.

Some people treat the stock market like a casino and company shares like gambling chips. Most of them don’t understand what they’re really doing and so, inevitably, they lose money. Then they start to whine that the stock market is a ‘scam’.

If you treat the stock market like a casino and end up losing your shirt, is that a scam? Are casinos a scam?

Truth Social and Crypto, are two very popular investing scams today I wouldnt touch with a 10 foot pole. Theres only one thing i ever invest in, and thats GOLD and SILVER. And some other precious metals, because gold is real, and I can use it as real money. And when the system goes haywire and collapses, and all these NFTS and crypto goes bye bye, I still have real money. Crypto never made any sense to me. And Truth social is just a cheap twitter knock off, except its all about Trump acting like a cray-cray crybaby. Social media is poison, which is why I deleted my FB account years ago, and never wanted to go on Twitter or Tik tok. This one has been all over the place, so it will probably bomb eventually, and Trump is probably gonna take everyones money.

Its gold and silver or nothing for me.

a reply to: Astyanax

I appreciate you comments. I am talking in very broad terms and discussion the OP because that is what we are here for. I know it is not a 'scam' and those comments, again, are addressing other posts.

I have invested for decades. An uncle showed me how when I was very young. I rememer the financial section of the paper and not the cool tools they have now. They are all long term investments and some I have had for a very long time. I was always taught to invest in things people 'need' or, even, addictions. Energy, tech and materials was the path I was shown. If I ever have a question I am glad my uncle is still around.

This is a thread to bash and embarrass Mr Trump is all.

a reply to: matafuchs

the cool tools they have now

I leave the cool tools to the broker. That's what his commission is for. I read the newspapers.

Taking money too seriously is a mug's game.

originally posted by: burritocat
Truth Social and Crypto, are two very popular investing scams today I wouldnt touch with a 10 foot pole.
Its gold and silver or nothing for me.

Right, Truth social stock is a scam but I'd think twice about Crypto. Eventually, paper and metal money will be phased out completely and replaced with digital currency. The infrastructure is already in place.

Whey you need to sell your Gold and Silver you will be paid with crypto currency on your phone.

All transaction will correspond to a paypal or Google Pay account thru a centralized federal accounting app.


Or there might be trump bucks printed in Florida. Anything's possible in Clown World.



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