thaibeachlovers Posted March 27 Share Posted March 27 22 hours ago, Thingamabob said: Looks increasingly like a victory for Trump come November 5. Yup. Harris should start looking for other employment. IMO I doubt she has had time to hide a few million $ acquired while in congress, unlike her "boss". 1 2 Link to comment Share on other sites More sharing options...
thaibeachlovers Posted March 27 Share Posted March 27 21 hours ago, Berkshire said: So you're one of those who believes every lie out of Trump's mouth. Sad! By the way, "the public" is not siding with Trump, only his supporters. Don't have to believe anything Trump says to want to get rid of Biden and Harris, and if it's Trump as the only opponent then Trump it must be. I don't think you anti Trumpers understand just how much ordinary Americans despise Washington and all that live in it. 1 1 1 Link to comment Share on other sites More sharing options...
jerrymahoney Posted March 27 Share Posted March 27 10 minutes ago, Danderman123 said: Anyway, Trump's company loses money, so the share price eventually will decline. So a Business Forum type discussion of the IPO. But for this topic, what's more germane ,,is if or how Trump might use this largesse for the $175 million bond coming due soon. Link to comment Share on other sites More sharing options...
thaibeachlovers Posted March 27 Share Posted March 27 19 hours ago, Elkski said: Sad to see so many of you have caught the trump contagion. I assume you mean TDS. 1 Link to comment Share on other sites More sharing options...
thaibeachlovers Posted March 27 Share Posted March 27 18 hours ago, wwest5829 said: Trump wins only if his cre turns out … and the vast majority of American voters do not vote. I they majority votes he … again … will be defeated. If it looks like Biden might win I'm sure many will come out to stop him. The worst thing for Trump would be if he was regarded as a shoo in, as in that case many might not vote at all. I don't normally vote, but I made sure to vote against the last shower that claimed to be a government. I did not want them getting back in. 1 2 Link to comment Share on other sites More sharing options...
Danderman123 Posted March 27 Share Posted March 27 13 minutes ago, jerrymahoney said: So a Business Forum type discussion of the IPO. But for this topic, what's more germane ,,is if or how Trump might use this largesse for the $175 million bond coming due soon. It is unclear if Trump can use his shares in the next 10 days for anything. Link to comment Share on other sites More sharing options...
jerrymahoney Posted March 27 Share Posted March 27 3 minutes ago, Danderman123 said: It is unclear if Trump can use his shares in the next 10 days for anything. March 21, 2024 Mr. Trump could also obtain the board’s blessing to transfer his shares into a trust, or give them to a family member as a gift. By placing them in a trust, Mr. Trump would be able to use the shares as collateral for a loan; a family member, too, could borrow against those shares. https://www.nytimes.com/2024/03/21/business/trump-truth-social-merger.html Link to comment Share on other sites More sharing options...
Danderman123 Posted March 27 Share Posted March 27 36 minutes ago, jerrymahoney said: March 21, 2024 Mr. Trump could also obtain the board’s blessing to transfer his shares into a trust, or give them to a family member as a gift. By placing them in a trust, Mr. Trump would be able to use the shares as collateral for a loan; a family member, too, could borrow against those shares. https://www.nytimes.com/2024/03/21/business/trump-truth-social-merger.html The problem is the possibility of share price decline. I could go into the details, but that's outside the scope of this discussion. Link to comment Share on other sites More sharing options...
jerrymahoney Posted March 27 Share Posted March 27 26 minutes ago, Danderman123 said: The problem is the possibility of share price decline. I could go into the details, but that's outside the scope of this discussion. Gee I guess the financial reporter at the NY Times never thought of that. 1 Link to comment Share on other sites More sharing options...
Danderman123 Posted March 27 Share Posted March 27 (edited) 24 minutes ago, jerrymahoney said: Gee I guess the financial reporter at the NY Times never thought of that. Sometimes reporters get it wrong. Anything Trump does with his shares will be public information, and could sink the stock. Edited March 27 by Danderman123 1 Link to comment Share on other sites More sharing options...
jerrymahoney Posted March 27 Share Posted March 27 (edited) 22 minutes ago, Danderman123 said: Sometimes reporters get it wrong. And sometimes amateurs posting on a website get it wrong. My amateur view on what the reporter with 30 years of Wall Street reporting experience was maybe suggesting is that, if the stocks are transferred to e.g. a trust, they are not sold, only pledged as collateral. And the volatility of the share price then becomes a concern to whomever was taking those shares as collateral for a loan. Edited March 27 by jerrymahoney 1 1 Link to comment Share on other sites More sharing options...
Danderman123 Posted March 28 Share Posted March 28 16 hours ago, jerrymahoney said: And sometimes amateurs posting on a website get it wrong. My amateur view on what the reporter with 30 years of Wall Street reporting experience was maybe suggesting is that, if the stocks are transferred to e.g. a trust, they are not sold, only pledged as collateral. And the volatility of the share price then becomes a concern to whomever was taking those shares as collateral for a loan. If Trump were to transfer his shares to a trust, that would have the same impact on share price as a sale. Such a transfer could precipitate a sell off. 1 Link to comment Share on other sites More sharing options...
jerrymahoney Posted March 28 Share Posted March 28 (edited) 58 minutes ago, Danderman123 said: If Trump were to transfer his shares to a trust, that would have the same impact on share price as a sale. Such a transfer could precipitate a sell off. Your opinion? From https://www.nytimes.com/2024/02/26/business/trump-media-digital-world-acquisition-cash.html Digital World’s lockup provision also limits major shareholders from using the stock as collateral for a loan during that six-month period. Can Mr. Trump transfer shares during the lockup period? Yes. The provision permits a major shareholder like Mr. Trump to transfer shares to a trust. A trust backed by some of Mr. Trump’s shares might be able to use that stock as collateral for a loan. He also can transfer shares to an immediate family member. NB from Business Insider: Trump risks tanking Truth Social's stock price if he cashes out Mar 23, 2024, 6:54 PM GMT+7 https://markets.businessinsider.com/news/stocks/trump-truth-social-stock-price-crash-outlook-dwac-share-sale-2024-3 not from transferring to a Trust. Edited March 28 by jerrymahoney Link to comment Share on other sites More sharing options...
frank83628 Posted March 28 Share Posted March 28 18 hours ago, Danderman123 said: Sometimes reporters get it wrong. Anything Trump does with his shares will be public information, and could sink the stock. most here seem to believe everything and anything they read about Trump. 2 1 1 Link to comment Share on other sites More sharing options...
Danderman123 Posted March 28 Share Posted March 28 1 hour ago, frank83628 said: most here seem to believe everything and anything they read about Trump. If Trump were allowed to put shares in a trust, the company would have to report the transaction to the SEC, and such a filing would be public. Unless you believe that SEC filings are fake news, too. 1 Link to comment Share on other sites More sharing options...
jerrymahoney Posted March 28 Share Posted March 28 (edited) 1 hour ago, Danderman123 said: If Trump were allowed to put shares in a trust, the company would have to report the transaction to the SEC, and such a filing would be public. Unless you believe that SEC filings are fake news, too. So a week from today EDT, if Trump does indeed put up the $175 million, we'll know whether the DJT stock played or did not play any part in the arrangements. Some reason hard for you to wait that long? Edited March 28 by jerrymahoney 1 1 Link to comment Share on other sites More sharing options...
Danderman123 Posted March 28 Share Posted March 28 50 minutes ago, jerrymahoney said: So a week from today EDT, if Trump does indeed put up the $175 million, we'll know whether the DJT stock played or did not play any part in the arrangements. Some reason hard for you to wait that long? I just assume that Trump will post the bond. Link to comment Share on other sites More sharing options...
frank83628 Posted March 28 Share Posted March 28 (edited) 3 hours ago, Danderman123 said: If Trump were allowed to put shares in a trust, the company would have to report the transaction to the SEC, and such a filing would be public. Unless you believe that SEC filings are fake news, too. i was referring to things written (reported) about Trump in general. Edited March 28 by frank83628 1 Link to comment Share on other sites More sharing options...
candide Posted March 28 Share Posted March 28 5 hours ago, frank83628 said: most here seem to believe everything and anything they read about Trump. Unlike MAGA fans, they don't believe everything and anything Trump says. 😀 1 Link to comment Share on other sites More sharing options...
frank83628 Posted March 28 Share Posted March 28 5 minutes ago, candide said: Unlike MAGA fans, they don't believe everything and anything Trump says. 😀 i beg to differ, the amount of posts i've seen over the years where people have nearly jizzing their pants at the latest CNN & MSM 'Trump bombshell' only for it to fizzle out to a nothing burger, i wouldn't be too surprised if this whole fine gets reversed, will be hilarious for us to see if it does! 1 1 Link to comment Share on other sites More sharing options...
Danderman123 Posted March 28 Share Posted March 28 4 minutes ago, frank83628 said: i beg to differ, the amount of posts i've seen over the years where people have nearly jizzing their pants at the latest CNN & MSM 'Trump bombshell' only for it to fizzle out to a nothing burger, i wouldn't be too surprised if this whole fine gets reversed, will be hilarious for us to see if it does! Lots of clickbait articles with "bombshell" in the headline. Same with headlines with the words "might", "may", "could", as in "this witness could put Trump in jail". But this is not a political tactic, it's just marketing. Ironically, Drudge Report has less of this than most now. 1 Link to comment Share on other sites More sharing options...
Popular Post candide Posted March 28 Popular Post Share Posted March 28 13 minutes ago, frank83628 said: i beg to differ, the amount of posts i've seen over the years where people have nearly jizzing their pants at the latest CNN & MSM 'Trump bombshell' only for it to fizzle out to a nothing burger, i wouldn't be too surprised if this whole fine gets reversed, will be hilarious for us to see if it does! Right! So far only 91 bombshells..... Coming back to topic, it's quite possible that the fine will ultimately be reduced. for ex. to the current bond amount. Nice to know that Trumpers will be hilarious if he has to pay "only" $175m! 😀 1 1 1 Link to comment Share on other sites More sharing options...
thaibeachlovers Posted March 28 Share Posted March 28 5 hours ago, frank83628 said: most here seem to believe everything and anything they read about Trump. Only the bad things. 1 Link to comment Share on other sites More sharing options...
candide Posted March 28 Share Posted March 28 4 minutes ago, thaibeachlovers said: Only the bad things. Such as Trump did not win the 2020 elections? 1 1 Link to comment Share on other sites More sharing options...
jerrymahoney Posted March 28 Share Posted March 28 12 minutes ago, candide said: Nice to know that Trumpers will be hilarious if he has to pay "only" $175m! 😀 REDUX https://aseannow.com/topic/1323268-trump-wins-last-minute-reprieve-as-judge-cuts-fraud-bond-to-175m/?do=findComment&comment=18793416 Link to comment Share on other sites More sharing options...
candide Posted March 28 Share Posted March 28 12 minutes ago, jerrymahoney said: REDUX https://aseannow.com/topic/1323268-trump-wins-last-minute-reprieve-as-judge-cuts-fraud-bond-to-175m/?do=findComment&comment=18793416 I was talking about the fine, not the bond. Link to comment Share on other sites More sharing options...
Danderman123 Posted March 28 Share Posted March 28 30 minutes ago, thaibeachlovers said: Only the bad things. Well, there's a shortage of good things about Trump, so there is that ...... 1 Link to comment Share on other sites More sharing options...
Popular Post earlinclaifornia Posted March 28 Popular Post Share Posted March 28 Schwab told me different! He is the beneficiary of a stock deal from a legal Ponzi scheme… just a type of legal fraud that allows you to sell a worthless, money losing company to a bunch of banks, investors, and pensioners. In the end, they will all up with bags of worthless stock… while the initial investors having cashed out will sip champagne in Florida. Reply 1 1 1 1 Link to comment Share on other sites More sharing options...
frank83628 Posted March 28 Share Posted March 28 1 hour ago, candide said: Right! So far only 91 bombshells..... Coming back to topic, it's quite possible that the fine will ultimately be reduced. for ex. to the current bond amount. Nice to know that Trumpers will be hilarious if he has to pay "only" $175m! 😀 thats not what i said, i will laugh if it gets to SC and gets over turned, just like the ballot nonsense did!... lets wait and see Link to comment Share on other sites More sharing options...
jerrymahoney Posted March 28 Share Posted March 28 1 hour ago, candide said: I was talking about the fine, not the bond. So was the retired Judge who was also talking about the lower court (Engoron's) verdict “They had other options available to them, and they issued a broad-based stay,” he continued, which he said suggests “that there is a view that they’re going to need to take a hard look at the lower court’s decision.” Link to comment Share on other sites More sharing options...
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