DJT going on the NASDAQ
General Topic
Contributors to this thread:
Builder07 22-Mar-24
70lbDraw 22-Mar-24
DanaC 22-Mar-24
Hancock West 22-Mar-24
Grey Ghost 22-Mar-24
bluedog 22-Mar-24
Mint 22-Mar-24
JQM 30-Mar-24
Pete In Fairbanks 30-Mar-24
DanaC 30-Mar-24
JQM 31-Mar-24
Grey Ghost 31-Mar-24
BC173 31-Mar-24
JQM 31-Mar-24
Grey Ghost 31-Mar-24
JQM 31-Mar-24
JQM 31-Mar-24
bluedog 31-Mar-24
JQM 01-Apr-24
bluedog 01-Apr-24
WapitiBob 01-Apr-24
Grey Ghost 01-Apr-24
Matt 01-Apr-24
bluedog 01-Apr-24
Grey Ghost 01-Apr-24
bluedog 01-Apr-24
Grey Ghost 01-Apr-24
bluedog 01-Apr-24
DanaC 01-Apr-24
bluedog 01-Apr-24
Iowa booner hunter 01-Apr-24
JQM 01-Apr-24
bluedog 01-Apr-24
Grey Ghost 01-Apr-24
bluedog 01-Apr-24
JQM 01-Apr-24
Grey Ghost 01-Apr-24
bluedog 01-Apr-24
Grey Ghost 01-Apr-24
bluedog 01-Apr-24
Mint 02-Apr-24
KSflatlander 02-Apr-24
JQM 02-Apr-24
KSflatlander 02-Apr-24
BowSniper 02-Apr-24
Mint 02-Apr-24
KSflatlander 02-Apr-24
Catscratch 02-Apr-24
Nyati 02-Apr-24
bigeasygator 02-Apr-24
JQM 02-Apr-24
KSflatlander 02-Apr-24
Matt 02-Apr-24
Matt 02-Apr-24
Grey Ghost 02-Apr-24
CaptMike 02-Apr-24
Matt 03-Apr-24
JQM 03-Apr-24
DanaC 03-Apr-24
JQM 03-Apr-24
DanaC 03-Apr-24
70lbDraw 03-Apr-24
DanaC 03-Apr-24
From: Builder07
22-Mar-24
Truth Social going on the street.....

From: 70lbDraw
22-Mar-24
Yup, just in time to pay off his bogus legal charges!! What do you bet, the next move will be to attempt to ruin ‘Truth Social Media’ to the point of an “existential threat to humanity”!

From: DanaC
22-Mar-24
Pravda

From: Hancock West
22-Mar-24
Thats the system taking care of the system.

From: Grey Ghost
22-Mar-24
Hopefully it goes better than his failed Hotel and Casino public company.

From: bluedog
22-Mar-24
This could be bigger play than Nvidia... those who believe in MAGA and get in first will cleanup.. JMO

From: Mint
22-Mar-24
With all the media and Democrats hoping for Truth Social to fail I think it's hilarious that the Biden campaign posts on Truth Social now.

From: JQM
30-Mar-24
Got into DWAC during early 2023 ago. With Nunez on their team and Don Jr i thought they may get this on the exchange one day. It was a cheap one thousand share investment. Not the first time DJT has made people and his team a bunch of money.

What I think is going to happen now, is this offering is going to see a bunch of foreign money pouring in at least in the short term. May not be a long term keeper but its going to work out JUST fine.

30-Mar-24
Wait! What? Just a few days ago, Biden was referring to DJT as "Broke Don." How can that be?

Pete

30-Mar-24
Isn’t it a shame that the corrupt media and liberals are more concerned about Donald Trump, exaggerating the value of his real estate a little bit and actually out there making money in the real world.

Wouldn’t you think we would be more concerned with how a career politician that made an average of $60k per yr. Can afford 3 houses. One on the VERY expensive Delaware shore.

corrupt politicians and dirty media stealing it from the sheeple and pointing at someone in the private sector scratching out a living.

From: DanaC
30-Mar-24
"Wait! What? Just a few days ago, Biden was referring to DJT as "Broke Don." How can that be? Pete "

Huge difference between 'wealth' or 'worth' and 'liquidity'. The former refers to the total of your investments, many of which cannot be easily converted into cash. 'Liquidity' is how much cash money you can put your hands on right away.

For illustration - Trump may be 'worth' several billions but he could not put his hands on 1/2 billion in cold currency when needed. The same holds true for most billionaires. Certainly not broke, but not liquid either.

(As an aside, if you tried to liquidate those big holdings, you would drive the price down and realize a mere fraction of their 'worth'. It's a pickle.)

From: JQM
31-Mar-24
No big shakers have access to all $. That would be foolish and costly for them.

When I had heard Don Jr and Nunez speaking early last year that they would most likely get this thing onto the street and in with Rumble, etc. Made a $2500 investment. Friday it was worth 65,000. Thought is was a nice lick under Joe Biden's over regulation, EV, anti fossil fuels, weak foreign policy, high oil, high inflation, high cost of living and a dollar that's of life support as the worlds reserve currency.

This MAGAA is the Best Kind. JQM

From: Grey Ghost
31-Mar-24
"When I had heard Don Jr and Nunez speaking early last year that they would most likely get this thing onto the street and in with Rumble, etc. Made a $2500 investment. Friday it was worth 65,000."

That's some interesting math. DWAC stock was trading around $15/share early last year. It's $62/share today. That's a 400% gain. A $2500 investment in January last year would be worth around $10K today. Great return, but not $65K.

From: BC173
31-Mar-24
Truth Social, IPO ‘d at 4.5 Billion. Not to shabby for someone Biden nicknamed “Broke Don”! And after 4 days of trading, now worth 9.4 B

From: JQM
31-Mar-24
I think i missed a zero there. Than You. 1000 shares, ran close to 25k. I did not see the close on Thursday no trading in Good Friday. It was a rather predictable trade in my thinking. The interesting thing now is. . . will it grab international investment or will it slowly devalue. At least in the short term (now until Nov 5th) its a good bet. Not a hard one to see if you use Rumble much. It was much like the Medical Instrument trades made during early Covid. They could make ventilators, we know who could do it and they went very high but it was a known shelf life. The part of that deal was they were named by DJT publically. There were some that did well were Honeywell, Lowes and TSC. Gained about 50% or more in value rapidly.

From: Grey Ghost
31-Mar-24
"I think i missed a zero there. Than You. 1000 shares, ran close to 25k."

Your math is still off. 1000 shares of DWAC a year ago would have cost around $15K, not $25K. Considering Truth Social is a money loser, I expect DJT to trade like a meme stock for a while, then it will eventually settle into its true market value, which isn't much. Just like Gamestop did a few years ago.

31-Mar-24

Altitude Sickness 's Link
Elon Musk has voiced concerns about the tyrannical persecution from a political attorney general, that stated dozens of times before in office, that she would go after trump.

So Musk could buy it to just get rid of it. and give trump ammo against the Marxists.

If Musk or others purchase it. All the Shorts are screwed.

From: JQM
31-Mar-24
I'm sure I know what I paid for DWAC. You can give me the 10 if it makes you feel better. I can read my call ticket. JQM

From: JQM
31-Mar-24
I'm sure I know what I paid for DWAC. You can give me the 10 if it makes you feel better. I can read my call ticket. It was in Jan or late Dec. JQM

From: bluedog
31-Mar-24
"Got into DWAC during early 2023 ago. With Nunez on their team and Don Jr i thought they may get this on the exchange one day. "

I consider myself a student regarding the stock market. Always interested in different methods that traders use. Yours is unique. Fascinating to watch your moves.

GG mentioned true market value... I rate this stock to have a value of zero.

That said, a nimble trader can make some money on it if he's got the nerve and accepts the risk I imagine. Not me, some have called me a gunslinger but I pass on this worthless item.

From: JQM
01-Apr-24
Gone at $60.24. JQM

From: bluedog
01-Apr-24
JQM.... perfect

From: WapitiBob
01-Apr-24
and down she goes ....

From: Grey Ghost
01-Apr-24
^^^ Yup, down over 25% in the last 2 trading days. Ouch.

From: Matt
01-Apr-24

Matt's Link
Article titled “ Trump's media company shares fall after raising going-concern doubts”. It is really hard to believe that a company Trump is associated might go BK. Unprecedented ;-)

From: bluedog
01-Apr-24
If people had only got a degree from Trump University...

From: Grey Ghost
01-Apr-24
Yesterday, Shawn Magyar posts this:

"At least in the short term (now until Nov 5th) its a good bet."

Today, he posts this:

"Gone at $60.24."

Too funny. Ol' Shawn Magyar is always good for a laugh.

From: bluedog
01-Apr-24
GG..... a wise trader has to be flexible .. nothing is carved in stone.. (Shawn just being a wise trader.)

From: Grey Ghost
01-Apr-24
You're right, Bluedog, we should never doubt Shawn's trading prowess. ;-)

From: bluedog
01-Apr-24
GG, watch the wizards and learn...they make it look easy.

From: DanaC
01-Apr-24
Anyone care to start a betting pool on what it will be worth on November 6?

>;-)

From: bluedog
01-Apr-24
I'll take zero for worth ;)

01-Apr-24
You would think these geniuses on here that absolutely know it’s going to zero would invest all of their money in deep out of the money puts, or better yet, leaps

From: JQM
01-Apr-24
Was a quick 35. Pretty clear it was going fade at opening. Taxman going to take his cut but just because a man does not think it has value means little if it works out. Figure the liability and find a spot for the rest. Interested in CX right now and AI3. The Broke Don has come thru yet again. JQM

From: bluedog
01-Apr-24
booner, why would i want to play DJT in any direction? Not what I do. I'll stick to things I'm comfortable with.. Besides I'm sure puts on it are super expensive.

And try to convince me it has any value if you would. I'm all ears.

From: Grey Ghost
01-Apr-24
"You would think these geniuses on here that absolutely know it’s going to zero would invest all of their money in deep out of the money puts, or better yet, leaps"

Interesting you mentioned that. I just checked the options board on DJT and puts outnumber calls by over 60%. So a lot of traders are doing exactly what you suggested. It's not my style to bet on losers, though.

From: bluedog
01-Apr-24
One more thing booner...why the "genius" crack? I stated my opinion is all. Apparently that somehow offends you. That's fine with me. I say it's worth zero.. you seem to think that's incorrect.

For kicks let's play. If on Nov 1 it's closer to zero than the high of $79.38 you pay me $50. If it's closer to the high (79.38) I'll pay you $100. How can you lose?

From: JQM
01-Apr-24
Guess that's why you did not hit the cut on this one. Mr Ghost.

Already just packed that cut into what I think will be a good one. Time will tell.

Just like Ford @4.5 then dumped half at 22.5 . Who much cares what it is if its turning you into the black. Cant take it with me to Valhalla.

It will get some bounce back. Lots of folks knew it was going to get shorted hard, make a quick penny then back off some. That was out there all over with LSM eggheads. JQM

From: Grey Ghost
01-Apr-24
You're a piece of work, Shawn Magyar. Yesterday you were calling DJT a "good bet until Nov 5". Today you're claiming "lots of folks knew it was going to get shorted hard". You're not fooling anyone with your lying BS.

Could it be the fact that today Trump Media reported a $58 million loss in 2023 that caused the stock to plummet? Trump couldn't even make casinos profitable, why should anyone think this will be any different?

From: bluedog
01-Apr-24
But they made more than 4 million did they not?

From: Grey Ghost
01-Apr-24
Actually, bluedog, they reported a net loss of $58 million on $4 million of revenue, and are expected to continue to lose money for the foreseeable future. Just like Trump did with his casinos, and other deals, he'll leave investors holding the bag, while he walks away with millions. That's the Art of the Deal, after all.

From: bluedog
01-Apr-24
Here's an idea... they could sell $59.95 MAGA Bibles on their web site.. Maybe a plastic MAGA Jesus for your car's dashboard for only $19.95 plus shipping?

From: Mint
02-Apr-24
GG, do you seriously think Atlantic City Casinos are a sure thing? You've mentioned this several times when talking about Trump.

From: KSflatlander
02-Apr-24
Well here is a list of all his failures and/or bankruptcies.

Trump Steaks GoTrump Trump Airlines Trump Vodka Trump Mortgage Trump: The Game Trump Magazine Trump University Trump Ice The New Jersey Generals Tour de Trump Trump Network Trumped! Trump Taj Mahal Trump’s Castle Trump Plaza Casinos Trump Plaza Hotel Trump Foundation Trump Hotels and Casinos Resorts Trump Entertainment Resorts

He's getting pretty good a breaking stuff

From: JQM
02-Apr-24
That's hilarious. He did not break the border meltdown invasion or the economy. Ask your kids who they think is the reason they cant get into a starter home and why it's 42% more expensive since 2021-22. Why you think Z'ers are bailing on Joe and his handler's?

Elon bought X for how many billion and its worth virtually nothing. Your point? That purchase alone pales in comparison with your steaks and bobblehead list. JQM

From: KSflatlander
02-Apr-24
Shawn Magyar/JQM-

Shouldn't you be out counting Trump yard signs and bumper stickers to know for sure who will win. LMAO.

My kids said prices are higher due to supply chain issues, and building supply costs. Ultimately...capitalism. My kids make their own life better not the government.

From: BowSniper
02-Apr-24
Housing an extra 8 million Biden migrants is most definitely a factor in the rising cost of home ownership (supply and demand)

And the Biden inflation problem driving mortgage rates from 3% to 8% makes it that much harder for our kids to afford their first home.

02-Apr-24
"Well here is a list of all his failures and/or bankruptcies. Trump Steaks GoTrump Trump Airlines Trump Vodka Trump Mortgage Trump: The Game Trump Magazine Trump University Trump Ice The New Jersey Generals Tour de Trump Trump Network Trumped! Trump Taj Mahal Trump’s Castle Trump Plaza Casinos Trump Plaza Hotel Trump Foundation Trump Hotels and Casinos Resorts Trump Entertainment Resorts"

do you have any idea how many business failures jeff bezos has had? Bill Gates? Warren Buffet?

virtually every billionaire on the planet has had business ideas that have failed. the notion that trump is alone in having failures or bankruptcies...or that it makes him a poor business man...in this is just plain ignorant.

tds is real.

From: Mint
02-Apr-24
I'm sure he thought Steve Jobs was a failure too.

From: KSflatlander
02-Apr-24
Yes I can easily look up the business failure of the people you listed. Nobody said he was the only person to go bankrupt.

You know Ricky, "everybody does it" (your go to defense for everything from cheating on your wife to stiffing contractors for millions) is no defense. And no...not everyone does it.

From: Catscratch
02-Apr-24
Why are we still having supply chain issues? It's been several yrs since covid was a factor and according to those in the know there's more people in the workforce than ever before.

From: Nyati
02-Apr-24
The supply chain issue is a good question.

It may be just me but various businesses from grocery stores to hospitals just don’t seem to work as efficiently as they did before Covid. Our state governor just found out last week that several government divisions were still allowing remote work and ordered them back to work. I think employee turnover at such a high level has lead to inefficiency in most areas

From: bigeasygator
02-Apr-24
It's been several yrs since covid was a factor and according to those in the know there's more people in the workforce than ever before.

The answer is no doubt multifaceted. Unemployment is still extremely low and labor is in short supply. With things running full tilt there isn't much excess capacity to deal with the recovering demand. Increased supply chain costs from inflation, tariffs, etc no doubt have throttled supply as well.

From: JQM
02-Apr-24
Unicorns and Rainbows huh ?

I get it KSFL. JQM

From: KSflatlander
02-Apr-24
Shawn...keep counting those Trump signs and bumper stickers and report back with your Magyar poll. That way we don't even need an election. It's decided on how many Trump yard signs and bumper sticker Shawn (the Woke) Magyar saw. And by the way...who but an absolute narcissist starts a thread and comments on his own thread with a different handle...multiple times? That's all you Shawn.

I'm kind of a win win no matter who wins the election. I'm a middle aged white male who is liberal. If the right wins that's good for the middle aged white male. If the left wins that's good for my social liberal side. Yep, most elections are only a win win for me.

02-Apr-24

Altitude Sickness 's Link
Another perfect example of the Marxist policies ending in disaster.

and now of course who will come to the rescue to fix it. the federalgovernment of course, and they will need more money to fix it

This liberal school district kept schools closed and extorted money from the taxpayer, then kept the schools closed two years longer than necessary.

stole all the money ( back to DC by way of teachers unions) now since parents took their kids elsewhere, they’re going to have to close the doors

and guess who, will be there to fix it. Liberal government

From: Matt
02-Apr-24
"Why are we still having supply chain issues? It's been several yrs since covid was a factor and according to those in the know there's more people in the workforce than ever before."

Continued elevated consumer demand post-COVID, labor/material shortages due to the Ukraine/Russia war, Houthis in Yemen attacking ships in the Red Sea, geo-political issues which affect the flow of certain products (e.g. US policy constraining China's semiconductor industry), and now the bridge crash in Baltimore.

02-Apr-24
" If the left wins that's good for my social liberal side."

...and "for the constitution." dont forget that.

hahahaha....

From: Matt
02-Apr-24
And now Trump is suing the co-founders of Truth Social apparently in response to them suing Trump for trying to dilute their ownership through the IPO.

From: Grey Ghost
02-Apr-24
The Art of the Deal…

From: CaptMike
02-Apr-24
TDSis alive and well, as evidenced by those on here who still donate the space in their head to Mr Trump. Flattie, first figure out who you are, then you can tell if you are benefitting or not. Lol!

From: Matt
03-Apr-24
It is so funny to mean when people reference “TDS”. What that says to me is they have no idea how to explain the crazy ass behavior of their lord and savior, so they deflect and pretend it is the other guy’s problem.

Politics is religion.

From: JQM
03-Apr-24
What DJT top out at on the street yesterday UP, Down ?

Think Broke Don just dropped 175 mil cash bond for a non crime which will either get tossed by NY state Appellate or the Black Robes in DC. Not to shabby for a broke guy. JQM

03-Apr-24
gotta love it when people whos entire net worth couldnt pay one month of trumps property taxes (even at the value some leftist judge claims his properties are worth)...pontificate about what a poor business man he is.

tds is real...

From: DanaC
03-Apr-24

DanaC's Link
JQM, Donnie got his bond money from a subprime loan shark. NOT from his own cash reserves.

From: JQM
03-Apr-24
Really, thanks for the blinding flash of the Obvious, Captain. JQM

03-Apr-24
"Donnie got his bond money from a subprime loan shark."

just curious. are you suggesting that anyone with less than stellar credit...shouldnt be able to borrow money to buy a car?

furthermore...why would "donnie" use his own money...when paying to use someone elses money might be a much better option? have you ever heard of something called "opportunity costs?"

remember...some of the people pontificating about trumps business acumen are the same people who were whining about the fact that they might have to work another year or two before they can live off their ss check.

From: DanaC
03-Apr-24
Ricky, his lawyers said, over and over,that he *could not* raise bond. All of a sudden, his sometimes business associate comes up with the cash. How convenient.

And you absolutely should be able to borrow money even if your credit sucks, but that don't make a shark a dolphin.

From: 70lbDraw
03-Apr-24
"Donnie got his bond money from a subprime loan shark."

Why didn’t you guys complain when trump refused to get payed for being president? I’m sure you can find some sort of crime hidden in his evil plot to give a little back to the country.

From: DanaC
03-Apr-24
How much did Trump save from his tax break? I'll bet that more than covered the salary he didn't take. Then there's a little matter of charging his SS details for rooms at Mar-a-Lago.

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