Current Events > Fools Who Invested in Trump's Truth Social Face Consequences

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Humble_Novice
04/14/24 12:31:26 PM
#1:


https://www.washingtonpost.com/technology/2024/04/14/truth-social-investors-faith-trump/
https://www.rawstory.com/truth-social-stock-2667769478/
https://www.rawstory.com/amp/truth-social-stock-2667762231-2667762231

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Tyranthraxus
04/14/24 12:32:18 PM
#2:


Leopards ate well this month.

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SpawnShadow
04/14/24 12:38:57 PM
#3:


Tyranthraxus posted...
Leopards ate well this month.
And yet, there will still be an endless series of yet more fools who will happily put themselves in face-eating range of the leopards, and those fools will be just as surprised as all the others who came before them about how the leopards have not gotten their fill of faces.
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itachi15243
04/14/24 12:43:46 PM
#4:


SpawnShadow posted...
And yet, there will still be an endless series of yet more fools who will happily put themselves in face-eating range of the leopards, and those fools will be just as surprised as all the others who came before them about how the leopards have not gotten their fill of faces.

Not only that, they're even happy to have their face eaten.

"... for some Trump investors, the stock is a badge of honor a way to show their devotion beyond buying Trump merchandise, visiting Trump golf courses or donating to Trumps presidential campaign,"

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Humble_Novice
04/14/24 6:54:45 PM
#5:


https://gamefaqs.gamespot.com/a/forum/9/914d42ba.png

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Alucard188
04/14/24 6:58:13 PM
#6:


Anybody who invested serious money in that stock deserves to lose it all. Imagine buying at its high of $73 and having it be worth less than $31. You absolute fucking orangutan.

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Humble_Novice
04/14/24 7:03:42 PM
#7:


Alucard188 posted...
Anybody who invested serious money in that stock deserves to lose it all. Imagine buying at its high of $73 and having it be worth less than $31. You absolute fucking orangutan.
I distinctly remember a lot of MAGA supporters wasting their money on Trump's NFT scheme.

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Shotgunnova
04/14/24 7:07:47 PM
#8:


lol

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streamofthesky
04/14/24 7:35:49 PM
#9:


Imagine being the two dumb schmucks that did all the work making the site and offered Trump 90% of the stock just to slap his name on it, who only get less than 5% of the stock each.

They'll be lucky if their hours of work amass enough to afford a week of groceries by the time the stock "bottoms out". Actually, Trump's suing them b/c 90% just wasn't enough, so they'll be lucky if they don't end up w/ a net negative income after all the legal fees!
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Scardude
04/14/24 7:54:36 PM
#10:


This means trump is losing money too?

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Irony
04/14/24 7:55:02 PM
#11:


I like when bad shit happens to bad people and they call it a test of their faith

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Antiyonder
04/14/24 7:56:06 PM
#12:


Stockholm syndrome.

And yeah, even male supporters who are against LGBTQ+ rights are likely and ironically gay for Trump.

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__aCEr__
04/14/24 8:06:12 PM
#13:


Imagine being the financial planner of that dude who moved around 10 grand in his retirement account and being like "Yeah this is a smart move, sir."

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streamofthesky
04/14/24 8:08:38 PM
#14:


Scardude posted...
This means trump is losing money too?

More like "making less money".
It cost him nothing to create Truth Social, nor did he put in any work to create it. It's literally just a giant pile of money falling into his lap for existing, and now he's getting 60% less (and dropping!) of the initial inflated "value" it had during the Pump phase. We are now in the Dump phase.
Entirely possible he'll try to dupe his rube followers into a 2nd Pump right before the 6 month delay before he can sell his shares kicks in, which would be close to election time when he has the most media attention possible, so there's a good chance he'll pull off a 2nd pump & dump and escape w/ more cash. He'd also piss off his own people right before the election, but...they're gimps who'll take it, let's be honest.
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SwordMaster13X
04/14/24 8:21:47 PM
#15:


itachi15243 posted...
Not only that, they're even happy to have their face eaten.

"... for some Trump investors, the stock is a badge of honor a way to show their devotion beyond buying Trump merchandise, visiting Trump golf courses or donating to Trumps presidential campaign,"

What fools.


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thronedfire2
04/14/24 8:25:07 PM
#16:


people who bought this as soon as it came out and sold it within 24 hours probably made money

if that's even legal

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-Crissaegrim-
04/14/24 8:37:48 PM
#17:


itachi15243 posted...
Not only that, they're even happy to have their face eaten.

"... for some Trump investors, the stock is a badge of honor a way to show their devotion beyond buying Trump merchandise, visiting Trump golf courses or donating to Trumps presidential campaign,"

Fucking cultists lol.

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Scardude
04/14/24 9:55:09 PM
#18:


streamofthesky posted...
More like "making less money".
It cost him nothing to create Truth Social, nor did he put in any work to create it. It's literally just a giant pile of money falling into his lap for existing, and now he's getting 60% less (and dropping!) of the initial inflated "value" it had during the Pump phase. We are now in the Dump phase.
Entirely possible he'll try to dupe his rube followers into a 2nd Pump right before the 6 month delay before he can sell his shares kicks in, which would be close to election time when he has the most media attention possible, so there's a good chance he'll pull off a 2nd pump & dump and escape w/ more cash. He'd also piss off his own people right before the election, but...they're gimps who'll take it, let's be honest.
Ah. When laid out like that. Americans will be fall for it. I guess the bag holders will wait for this.

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Humble_Novice
04/15/24 12:28:24 PM
#19:


https://gamefaqs.gamespot.com/a/forum/c/ce44edd8.png

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philsov
04/15/24 12:32:53 PM
#20:


The adage "fuck you, I got mine" is pretty well represented here.

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Alucard188
04/15/24 3:16:05 PM
#21:


Humble_Novice posted...
https://gamefaqs.gamespot.com/a/forum/c/ce44edd8.png

lol

Now lower than before the acquisition. Congratulations to the money launderers, I guess.

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Solution_45
04/16/24 1:54:35 PM
#22:


Humble_Novice posted...
https://gamefaqs.gamespot.com/a/forum/c/ce44edd8.png

below 23 dollars rn
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youngval312
04/16/24 1:55:36 PM
#23:


Who could have seen this coming
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Humble_Novice
04/16/24 2:04:58 PM
#24:


https://gamefaqs.gamespot.com/a/forum/8/83065a27.png

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UltimateWing
04/16/24 2:27:03 PM
#25:


How low can you go?

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fsurb28
04/16/24 2:28:51 PM
#26:


I love being conned and duped!

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Humble_Novice
04/16/24 2:34:16 PM
#27:


https://gamefaqs.gamespot.com/a/forum/c/c1ac4075.png

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streamofthesky
04/16/24 2:37:03 PM
#28:


Was it really necessary to provide a half hour later update that it dropped another 0.01 points, especially when you were still within the window to just edit your prior post w/ the newer near-identical graph?
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creativerealms
04/16/24 2:38:30 PM
#29:


Poor Trump Media Technology

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CARRRNE_ASADA
04/16/24 2:39:08 PM
#30:


Not surprised: Anybody who read their financials

A bit of Schadenfreude, but its also sad.

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dhampire1
04/16/24 2:40:25 PM
#31:


The value will all drastically drop again soon.
I was listening to a news show talking about this.
No one who owns stock is allowed to sell it till September so they are stuck watching the value drop every day and cant get out early.

but beyond that theyre releasing many more stocks soon making thousands and thousands more available which will drop the value a lot even more.

so messed up.
How the hell is that not illegal?
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pinky0926
04/16/24 2:41:41 PM
#32:


I hope everyone who invested in this loses all their money. Genuinely

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