Truth Social shares go into freefall after investors learn how much money it really makes

[Skipalongcassidy]

3 hours ago, FritsSikkink said:

I have enough believe that are more sane people in the USA then idiots.

Boy... you haven't been to the USA recently have you?

[Danderman123]

$25 now.

 

Where is the floor?

[FritsSikkink]

17 hours ago, Skipalongcassidy said:

Boy... you haven't been to the USA recently have you?

I will never go to the USA.

[Tug]

23 minutes ago, FritsSikkink said:

I will never go to the USA.

That’s sad there’s lots and lots of positive things about the states don’t let the fox / news max b$ fool you there’s a reason it’s the most successful country on the planet lots of opportunities lots to do and see 

[Skipalongcassidy]

7 hours ago, FritsSikkink said:

I will never go to the USA.

But obviously your well informed opinions about the USA come from somewhere... HAHAHAHAHA

[placeholder]

22 hours ago, Danderman123 said:

$25 now.

 

Where is the floor?

Might need a bathyscaphe to determine that.

 

Trump Media stock price

At close on April 16, Trump Media & Technology Group Corp share price fell to $22.84, down 14.17% today.

DJT Trump Media & Technology Group Corp. Common Stock

https://www.usatoday.com/story/money/2024/04/16/trump-truth-social-stock-price/73341300007/

 

[Danderman123]

1 hour ago, Skipalongcassidy said:

But obviously your well informed opinions about the USA come from somewhere... HAHAHAHAHA

So, do you think that the Truth Social share price will go up or down?

[Skipalongcassidy]

33 minutes ago, Danderman123 said:

So, do you think that the Truth Social share price will go up or down?

I could care less one way or the other... 

[Skipalongcassidy]

9 minutes ago, placeholder said:

Giving your comments on this thread, it's apparent you couldn't know less either.

As opposed to you oh great soothsayer... 

[FritsSikkink]

3 hours ago, Skipalongcassidy said:

But obviously your well informed opinions about the USA come from somewhere... HAHAHAHAHA

People have well informed opinions about load of things if they study / read about it.

Should try it sometimes. 5555555

[placeholder]

On 4/6/2024 at 10:58 AM, impulse said:

 

Even if he had, it wouldn't fit his risk profile.  He'd rather have a decent return on a sure thing than bet on a huge return with a high risk.

 

What you don't seem to understand the role of the upside potential of a stock plays. Given the price of the stock on the first day, and the fact that its model was already failing with exiguous income and lowered engagement, why would any rational person buy and hold on that stock.?

Did you know that for all of 2023, Truth Social earned only about 50% more revenue than an average McDonald's?

 

How Much McDonald's Franchise Owners Really Make Per Year

"According to Business Insider, the average McDonald's restaurant takes in around $2.7 million a year in sales."

https://www.mashed.com/178309/how-much-mcdonalds-franchise-owners-really-make-per-year/

 

But then, McDonald's doesn't stuff their offerings with BS.

[Danderman123]

If the share price of this loser keeps going down, Trump will call on his followers to march on the Stock Exchange to fight for his stock, ie halt trading on the Exchange.

[Walker88]

Just as one would have expected, the cultish goobers are claiming "STOLEN!" as they watch the stock tumble, now down 71% from its first day high barely 2 weeks ago.

 

"Sick of MY investment money being stolen!!" one user wrote in a Truth Social post, as quoted by WaPo, accusing Wall Street of unfairly shorting the stock. "They’re stealing peoples [sic] money and you’re allowing it!!"

 

Others are so moronic they still believe, as Britney sang in "Do it to Me One More Time":

 

"I know good and well it’s in Trump’s hands, and he’s got plans," 71-year-old Oklahoma City native Jerry McClain, who invested in the stock, told WaPo. "I have no doubt it’s going to explode sometime." (I do think he meant "implode".)

 

The "plans" trump has is what his plans always are: try to enrich himself off of his goobers' idiocy, naivete and gullibility.

 

Still others claim (lying, trying to play the sweet lemon card) that they just wanted to help trump by giving him some of their money. (And if anyone believes that, they probably believe trump is innocent of the myriad of felony charges against him.)

 

"If I lose it, fine. If I make a profit, wonderful," prominent conservative commentator Carol Swain, who put in $1,000, told WaPo. "But at the end of the day, I wanted to show my support."

 

Yes, Carol Swain, the 'billionaire' messiah needs your $1000.

 

https://finance.yahoo.com/news/trump-supporters-horrified-value-truth-141358796.html

 

Ah, yes...trumpers....I guess somebody has to be way left of the mean on the IQ Bell Curve.

 

Edited April 17 by Walker88

[placeholder]

3 minutes ago, Walker88 said:

Just as one would have expected, the cultish goobers are claiming "STOLEN!" as they watch the stock tumble, now down 71% from its first day high barely 2 weeks ago.

 

"Sick of MY investment money being stolen!!" one user wrote in a Truth Social post, as quoted by WaPo, accusing Wall Street of unfairly shorting the stock. "They’re stealing peoples [sic] money and you’re allowing it!!"

 

Others are so moronic they still believe, as Britney sang in "Do it to Me One More Time"

 

"I know good and well it’s in Trump’s hands, and he’s got plans," 71-year-old Oklahoma City native Jerry McClain, who invested in the stock, told WaPo. "I have no doubt it’s going to explode sometime." (I do think he meant "implode".

 

The "plans" trump has is what his plans always are: try to enrich himself off of his goobers idiocy, naivete and gullibility.

 

Still others claim (lying, trying to play the sweet lemon card) that they just wanted to help trump by giving him some of their money. (And if anyone believes that, they probably believe trump is innocent of the myriad of felony charges against him.)

 

"If I lose it, fine. If I make a profit, wonderful," prominent conservative commentator Carol Swain, who put in $1,000, told WaPo. "But at the end of the day, I wanted to show my support."

 

Yes, Carol Swain, the 'billionaire' messiah needs your $1000.

 

https://finance.yahoo.com/news/trump-supporters-horrified-value-truth-141358796.html

 

Well, we should all be grateful to Trump supporters like Carol Swain. Instead of donating that money to his campaign where it might materially help him, they chose to incinerate it instead.

[Danderman123]

Almost down 1% after hours.

 

Trump lost millions while he was sleeping. I mean sleeping at night, not while he's in court.

[Eric Loh]

6 hours ago, Walker88 said:

Just as one would have expected, the cultish goobers are claiming "STOLEN!" as they watch the stock tumble, now down 71% from its first day high barely 2 weeks ago.

 

"Sick of MY investment money being stolen!!" one user wrote in a Truth Social post, as quoted by WaPo, accusing Wall Street of unfairly shorting the stock. "They’re stealing peoples [sic] money and you’re allowing it!!"

 

Others are so moronic they still believe, as Britney sang in "Do it to Me One More Time":

 

"I know good and well it’s in Trump’s hands, and he’s got plans," 71-year-old Oklahoma City native Jerry McClain, who invested in the stock, told WaPo. "I have no doubt it’s going to explode sometime." (I do think he meant "implode".)

 

The "plans" trump has is what his plans always are: try to enrich himself off of his goobers' idiocy, naivete and gullibility.

 

Still others claim (lying, trying to play the sweet lemon card) that they just wanted to help trump by giving him some of their money. (And if anyone believes that, they probably believe trump is innocent of the myriad of felony charges against him.)

 

"If I lose it, fine. If I make a profit, wonderful," prominent conservative commentator Carol Swain, who put in $1,000, told WaPo. "But at the end of the day, I wanted to show my support."

 

Yes, Carol Swain, the 'billionaire' messiah needs your $1000.

 

https://finance.yahoo.com/news/trump-supporters-horrified-value-truth-141358796.html

 

Ah, yes...trumpers....I guess somebody has to be way left of the mean on the IQ Bell Curve.

 

Is Putin or the Saudis buying the stock to help Trump financially and get him reelected. Highly suspicious and can't be discounted. 

[Danderman123]

Dead cat bounce today, up to $26.

 

Either short covering, or some Trump allies trying to run up the price.

[Berkshire]

16 hours ago, Eric Loh said:

Is Putin or the Saudis buying the stock to help Trump financially and get him reelected. Highly suspicious and can't be discounted. 

There are other ways for Putin and the Saudis to help Trump (and themselves) rather than invest in this turd stock.  Besides, Trump will be dumping his shares at the first opportunity.  That's when the stock will really crash.  Trump will be fleecing his own supporters....and he's perfectly fine with that. 

[Danderman123]

I am following this stock partially because I am a founder of a company that is doing a similar "deSPAC". Of course, I hope it has a different outcome.

 

Anyway DJT Truth Social is tanking again.

 

I wouldn't be surprised to see $19 by the end of the week or early next week. What will be interesting is when and if the stock drops below $5. 

 

 

Edited April 18 by Danderman123

[Danderman123]

And it's rallying!

 

$30!

 

Huge amount of trade volume.

[Danderman123]

There is major manipulation going on that is impacting the share price of this stock.

 

As long as Trump allies can throw money at the stock, when the price dips, then it will rally. Of course, the Shorts make money during this cycle, and sooner or later, the Trump allies will tire of handing money to the Shorts.

[pomchop]

for a guy who likes to constantly brag about his billions it seems  he has a tough time getting the bond or $$ together to cover his reduced 175 million ...

 

now even melania is trying to cash in on the grift selling mothers day jewelry....what a class bunch...peddling bibles sneakers and jewelry along with stock...pathetic grifters who love the uneducated...coming soon naked pics of ivanka...

[Berkshire]

21 hours ago, Danderman123 said:

There is major manipulation going on that is impacting the share price of this stock.

 

As long as Trump allies can throw money at the stock, when the price dips, then it will rally. Of course, the Shorts make money during this cycle, and sooner or later, the Trump allies will tire of handing money to the Shorts.

This stock may be one of Trump's greatest grift ever.  He and his buddies stand to make a killing...but the money has to come from somewhere.  Perfect that it's mostly his supporters getting the shaft.  This stock will fluctuate all over the place for awhile, but when market fundamentals kick in, it has nowhere to go but down. 

[illisdean]

On 4/17/2024 at 4:27 PM, Danderman123 said:

Almost down 1% after hours.

 

Trump lost millions while he was sleeping. I mean sleeping at night, not while he's in court.

Ah ...ha ha ha....I wish I could lose money like Trump.

 

You must be so happy for Trump!

 

Don't you love how successful Trump is and how nicely Biden is losing in the battleground states?? I don't believe Trump has EVER held such commanding leads (2016, 2020) in voting polls especially battlegrounds. 

 

LOL

 

 

Trump's earnout at $1.2 billion

 

[Danderman123]

13 minutes ago, illisdean said:

Ah ...ha ha ha....I wish I could lose money like Trump.

 

You must be so happy for Trump!

 

Don't you love how successful Trump is and how nicely Biden is losing in the battleground states?? I don't believe Trump has EVER held such commanding leads (2016, 2020) in voting polls especially battlegrounds. 

 

LOL

 

 

Trump's earnout at $1.2 billion

 

Live by the polls, die by the polls.

 

As for Truth Social, how much have you lost?

 

Trump hasn't made a dime off his Truth Social stock yet.

Edited Wednesday at 04:44 AM by Danderman123

[eisfeld]

8 minutes ago, illisdean said:

Ah ...ha ha ha....I wish I could lose money like Trump.

 

You must be so happy for Trump!

 

Don't you love how successful Trump is and how nicely Biden is losing in the battleground states?? I don't believe Trump has EVER held such commanding leads (2016, 2020) in voting polls especially battlegrounds. 

 

LOL

 

 

Trump's earnout at $1.2 billion

 

 

$1.2B theoretical dollars. He can't sell those shares as he's in a lockup period. All the while the value is shrinking rapidly because the company is losing money left and right. In the end it's just a scam to take money from the gullible followers who bought the stock. To issue an earnout bonus due to share price while the company is losing 60M on 4M revenue is a slap in the face of the shareholders.

[Danderman123]

So far, the stock only has significant price increases while there is higher than normal volume of trading.

 

On "normal" volume days, the stock drops. Or on slow days, too.

 

So you could predict share price movement by watching early volume.

 

Just a theory.

 

But I suspect those who throw money at the stock to raise share price will start waiting until late afternoon rather than at the start of trading.