Current Events > Trump Media stock price plummets Monday as company files millions of shares.

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Necronmon
04/15/24 8:01:51 PM
#1:


https://www.usatoday.com/story/money/2024/04/15/trump-media-truth-social-shares-down-why/73329859007/

Well...at least the illusion of Trump's great wealth implodes with each mishap.
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ReiRei89
04/15/24 8:02:38 PM
#2:


Remember when serious users swore Trump would make billions off this?

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DrizztLink
04/15/24 8:03:16 PM
#3:


ReiRei89 posted...
Remember when serious users swore Trump would make billions off this?

ReiRei89 posted...
serious users
Not that bit, no.

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Shotgunnova
04/15/24 8:05:13 PM
#4:


https://gamefaqs.gamespot.com/a/forum/6/65fec87f.jpg

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Kradek
04/15/24 8:07:01 PM
#5:


Was that 4bn Trump got solely from the value of stocks received? Because if so then lol.

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MrMolinaro
04/15/24 8:10:22 PM
#6:


Kradek posted...
Was that 4bn Trump got solely from the value of stocks received? Because if so then lol.

He hasnt gotten a dime yet. His stock cant be sold for 6 months. By that time, itll be worthless.
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Kradek
04/15/24 8:14:08 PM
#7:


MrMolinaro posted...
He hasnt gotten a dime yet. His stock cant be sold for 6 months. By that time, itll be worthless.

Good point, though the people who decide that are sycophants so it might get waived.

Mostly I was asking if it was like 2bn in cash + stock, or if the whole value came from the stock.

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pjnelson
04/15/24 8:37:19 PM
#8:


https://gamefaqs.gamespot.com/a/forum/e/e8704284.jpg

I wanted to post an amused meme but thumbed through my phone and found nothing satisfactory, so... here's this instead.

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CableZL
04/15/24 8:37:54 PM
#9:


Im shorting DJT now

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#10
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DnDer
04/15/24 9:16:02 PM
#11:


Kradek posted...
Was that 4bn Trump got solely from the value of stocks received? Because if so then lol.

And it lasted for less time than his infusion into the stock market during the pandemic. Lol

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Heineken14
04/15/24 9:24:42 PM
#12:


DnDer posted...
And it lasted for less time than his infusion into the stock market during the pandemic. Lol

What lasted longer. Djt stock prices or a head of lettuce!

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Board_hunter567
04/15/24 9:27:20 PM
#13:


MrMolinaro posted...
He hasnt gotten a dime yet. His stock cant be sold for 6 months. By that time, itll be worthless.
He's got 78 million shares, so even if it drops to $1 he'll make over 100 times more money than 90% of Americans regardless.
The stock market is also a giant scam, so celebrating this early is just asking to be disappointed if it's manipulated to an ATH.

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thronedfire2
04/15/24 9:30:07 PM
#14:


Board_hunter567 posted...
He's got 78 million shares, so even if it drops to $1 he'll make over 100 times more money than 90% of Americans regardless.
The stock market is also a giant scam, so celebrating this early is just asking to be disappointed if it's manipulated to an ATH.

he'll probably lose some of that when his lawsuit against his business partners fails

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cjsdowg
04/15/24 9:31:58 PM
#15:


ReiRei89 posted...
Remember when serious users swore Trump would make billions off this?

I do, they were not supporting Trump. They were suggesting he pulled one over his people just to drop the stock later.

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Board_hunter567
04/15/24 9:32:46 PM
#16:


thronedfire2 posted...
he'll probably lose some of that when his lawsuit against his business partners fails
He'll write them one of his coveted IOUs

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Kradek
04/15/24 9:44:23 PM
#17:


DnDer posted...
And it lasted for less time than his infusion into the stock market during the pandemic. Lol

Lol

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CableZL
04/16/24 10:43:35 AM
#18:


https://gamefaqs.gamespot.com/a/forum/6/6251f9b9.png

The slide continues. This is my first time holding a short position. I wasn't comfortable doing more than a few shares, but... interesting, nonetheless.

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