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Business selectors, pages, etc.
How is your Trump Media Stock doing?
By Curt_Anderson
April 4, 2024 11:47 am
Category: Business

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Comments on "How is your Trump Media Stock doing?":

  1. by Ponderer on April 4, 2024 1:13 pm

    It's gonna be worthless by the time he can try to access a dime of it.


  2. by Indy! on April 4, 2024 1:46 pm

    If Muck can't make any money off one of the most popular apps ever created... how is Trump going to make money off his latest golden shoe sale?


  3. by Indy! on April 4, 2024 1:46 pm

    *Musk

    LOL. 😃


  4. by Curt_Anderson on April 12, 2024 5:32 pm
    I wonder if MAGA Republicans will hold this against Trump? Maybe they feel that pouring their money into that rathole was enough of a contribution to Trump.

    (CNN)Shares of Trump Media & Technology Group are in free fall.

    The Truth Social owner’s share price dropped another 5% as of mid-day Friday, leaving it on track for a seventh losing day out of the past eight.

    The only gain during that span was a tiny one of 0.8% on Tuesday.

    Trump Media is now trading below $31. That’s a far cry from the intraday spike to nearly $80 on March 26, the day it went public on the Nasdaq under the ticker symbol “DJT.”
    cnn.com


  5. by HatetheSwamp on April 13, 2024 6:05 am

    $2,400,000,000. Crikey. How's the guy gunna buy his next meal!!!!!?



  6. by Curt_Anderson on April 13, 2024 10:29 am
    HtS, I don’t know from where you pull that dollar figure. If there is any truth to Donald Trump’s claim that he’s a very wealthy, successful businessman, why is he constantly asking people to raid their piggy banks to help with his defense fund?


  7. by HatetheSwamp on April 13, 2024 10:54 am

    I got the $2,400,000,000 figure from your article.


  8. by Curt_Anderson on April 13, 2024 11:04 am
    I thought so. That isn’t tangible wealth. Trump cannot touch that. It’s just on paper and rapidly evaporating.


  9. by HatetheSwamp on April 13, 2024 11:32 am

    So, let's say its value shrinks by another 50%. Still ain't bad.


  10. by Indy! on April 13, 2024 12:00 pm

    Going to be far more than 50%, peebs. Twitter was not turning a profit when it was the most popular app in the world - do you honestly believe a guy who couldn't make money with a casino is somehow going to crack the social media profit nut?


  11. by Curt_Anderson on April 15, 2024 5:27 pm
    Sheesh! Trump Media Stock opened at $79.38 on March 27 and it's already dropped to $26.61. Are Trump's investors tired of so much winning yet?


  12. by Ponderer on April 15, 2024 11:06 pm

    It's gonna be worthless by the time he can try to access a dime of it.


  13. by HatetheSwamp on April 16, 2024 1:59 am

    To be fair, Curt, since the latest Bidenflation report, all stocks are tumbling.


  14. by Ponderer on April 16, 2024 7:24 am

    To be fair, not by nearly two thirds they're not.


    "So, let's say its value shrinks by another 50%. Still ain't bad." -Hate

    It certainly isn't if you're not one of the stupid idiots who bought it when it was released at $70 it isn't.

    Just like Trump does, Hate is only thinking about Trump. What's good for Trump. What can benefit Trump. For Donald Trump and Hate, all that matters is Donald Trump. The hapless rubes who bought up this stock will lose their shirts, but it's all good because it will benefit Trump when all is said and done. That's all that's really important after all to Trump and Hate.


    Trump’s Truth Social Stake Shrinks by $3 Billion After Stock Tanks

    Donald Trump’s hot social-media company stock has turned cold, wiping out more than $3 billion of his windfall in its first three weeks of trading.

    Shares of Truth Social, the presidential candidate’s social-media upstart, have fallen about 60% from their recent peak. The money-losing company was worth roughly $9 billion shortly after it started trading late last month. The company’s shares ended the session Monday down 18% at $26.61, giving it a market value of about $3.6 billion.

    Thousands of Trump supporters banded together on social media to drive up the stock, seeking to support him financially and wagering that Trump’s potential success in this year’s election would benefit his social-media platform.

    The momentum that pushed the stock up now appears to be working in reverse as investors question the valuation of a company that posted about $5.5 million in sales and nearly $40 million in losses from operations over the past two years. If Trump’s supporters are selling or if they can’t muster the support to keep the share price high, the stock could tumble further.

    . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

    So yeah! Fuckall those early investors! What's the big deal? The only thing that matters is that Trump benefits. So Trump lost billions of dollars of other people's money? Like that's a shocking new thing that's never happened before?

    msn.com


  15. by Ponderer on April 16, 2024 7:26 am

    It's gonna be worthless by the time he can try to access a dime of it.


  16. by Curt_Anderson on April 16, 2024 7:49 am
    Ponderer,
    It opened at $79.38, not $70. It is at $24.28 as of a minute ago. Trump is facing the same dilemma as the MAGA rubes: get out now and cut the losses or watch it drop even further?


  17. by HatetheSwamp on April 16, 2024 8:01 am

    It's gonna be worthless by the time he can try to access a dime of it.

    And, just before the "dithering and diminished" Doddering Old Fool wins in a landslide, eh!!!!!?

    Baha baha baha bahahahahahahahahahaha, ha.


  18. by Indy! on April 16, 2024 10:26 am
    Trump probably had beards buying forbim so he could bail lut with some of the profits.


  19. by Curt_Anderson on April 16, 2024 10:33 am
    It's now at $22.72.

    Trump’s stock tumbles again after Truth Social announces it’s getting into streaming
    (New York CNN)Investors in Trump Media & Technology Group’s stock are throwing in the towel.

    Shares of TMTG (DJT) tumbled 11% Tuesday after closing 18% lower Monday. Driving the stock lower Tuesday: The company’s premier product, Truth Social, announced a major expansion into streaming, a notoriously cost-intensive business in which media behemoths like Disney have struggled to turn a profit.

    TMTG’s stock, majority-owned by former President Donald Trump, is down 70% from the all-time high it set on March 26, the day after it merged with a blank-check acquisition company to go public.
    cnn.com


  20. by Indy! on April 16, 2024 12:53 pm

    Trump should put a call in to Leon Musk... see if he wants to buy another failing social media website.


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