# How Can Truth Social be worth $6 Billion? {Trump Media & Technology (DJT)} **URL:** \ **Category:** In My Humble Opinion\ **Tags:** trump\ **Created:** [March 22, 2024, 1:23pm UTC](https://boards.straightdope.com/t/how-can-truth-social-be-worth-6-billion-trump-media-technology-djt/999202 "2024-03-22T13:23:05Z")\ **Posts on this page:** 20\ **Page:** 22
**Author:** ![wolfpup](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/wolfpup/32/10618_2.png) [@wolfpup](https://boards.straightdope.com/u/wolfpup)\ **Post date:** [April 23, 2024, 7:25pm UTC](https://boards.straightdope.com/t/how-can-truth-social-be-worth-6-billion-trump-media-technology-djt/999202/421 "2024-04-23T19:25:59Z")
I’m not so sure about the “regaining steam” part, but I guess we’ll see. [![](https://i.imgur.com/0Y2Dc5S.jpeg) ](https://i.imgur.com/0Y2Dc5S.jpeg) ---
**Author:** ![DSeid](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/dseid/32/20194_2.png) [@DSeid](https://boards.straightdope.com/u/DSeid)\ **Post date:** [April 23, 2024, 10:16pm UTC](https://boards.straightdope.com/t/how-can-truth-social-be-worth-6-billion-trump-media-technology-djt/999202/422 "2024-04-23T22:16:44Z")
_Rationally_ the extra shares would be understood to dilute the value of each individual share and the price would drop accordingly. Yeah I know. ---
**Author:** ![dougrb](https://avatars.discourse-cdn.com/v4/letter/d/76d3ee/32.png) [@dougrb](https://boards.straightdope.com/u/dougrb)\ **Post date:** [April 23, 2024, 11:00pm UTC](https://boards.straightdope.com/t/how-can-truth-social-be-worth-6-billion-trump-media-technology-djt/999202/423 "2024-04-23T23:00:13Z")
His fluffer Natalie Harp can point out that he’s getting 37.5 million shares as of the price today. It would have only been 15.2 million shares at the peak. ---
**Author:** ![Dr\_Paprika](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/dr_paprika/32/3042_2.png) [@Dr\_Paprika](https://boards.straightdope.com/u/Dr_Paprika)\ **Post date:** [April 23, 2024, 11:08pm UTC](https://boards.straightdope.com/t/how-can-truth-social-be-worth-6-billion-trump-media-technology-djt/999202/424 "2024-04-23T23:08:12Z")
Meow. Bounce. Meow. Bounce. Meow. Meow. Meow. Bounce. Yaaargh! Bounce. Bounce. Bounce. Bounce. Bounce. Bounce. Bounce. Bounce. Bounce. Bounce. ---
**Author:** ![Stratocaster](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/stratocaster/32/16393_2.png) [@Stratocaster](https://boards.straightdope.com/u/Stratocaster)\ **Post date:** [April 23, 2024, 11:53pm UTC](https://boards.straightdope.com/t/how-can-truth-social-be-worth-6-billion-trump-media-technology-djt/999202/425 "2024-04-23T23:53:43Z")
Oh yeah. ---
**Author:** ![Dr\_Paprika](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/dr_paprika/32/3042_2.png) [@Dr\_Paprika](https://boards.straightdope.com/u/Dr_Paprika)\ **Post date:** [April 24, 2024, 9:20pm UTC](https://boards.straightdope.com/t/how-can-truth-social-be-worth-6-billion-trump-media-technology-djt/999202/426 "2024-04-24T21:20:47Z")
Seems extremely reasonable… > **[Trump to receive bonus worth $1.2bn for Trump Media stock performance](https://www.theguardian.com/business/2024/apr/24/trump-media-bonue)** > > A price floor means ex-president gets bonus even though Trump Media & Technology Group’s stock value has plummeted ---
**Author:** ![Dr\_Paprika](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/dr_paprika/32/3042_2.png) [@Dr\_Paprika](https://boards.straightdope.com/u/Dr_Paprika)\ **Post date:** [April 24, 2024, 9:25pm UTC](https://boards.straightdope.com/t/how-can-truth-social-be-worth-6-billion-trump-media-technology-djt/999202/427 "2024-04-24T21:25:42Z")
Many companies are worth _more_ to shareholders once you simply remove the wasteful billion “gristle” that serves only to merely mask and adulterate the premium meaty tenderloin. 🥩 👨‍🎓 ⛳ 🚀 😃 ---
**Author:** ![bobot](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/bobot/32/21622_2.png) [@bobot](https://boards.straightdope.com/u/bobot)\ **Post date:** [April 24, 2024, 10:30pm UTC](https://boards.straightdope.com/t/how-can-truth-social-be-worth-6-billion-trump-media-technology-djt/999202/428 "2024-04-24T22:30:50Z")
So he’s clearly, no shenanigans, no funny business, totally got that NY bond covered. Clean, right? ---
**Author:** ![dougrb](https://avatars.discourse-cdn.com/v4/letter/d/76d3ee/32.png) [@dougrb](https://boards.straightdope.com/u/dougrb)\ **Post date:** [April 24, 2024, 10:57pm UTC](https://boards.straightdope.com/t/how-can-truth-social-be-worth-6-billion-trump-media-technology-djt/999202/429 "2024-04-24T22:57:36Z")
> [@Dr\_Paprika](#): > > once you simply remove the wasteful billion “gristle” It’s gristle all the way down. ---
**Author:** ![JohnT](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/johnt/32/15048_2.png) [@JohnT](https://boards.straightdope.com/u/JohnT)\ **Post date:** [April 24, 2024, 11:13pm UTC](https://boards.straightdope.com/t/how-can-truth-social-be-worth-6-billion-trump-media-technology-djt/999202/430 "2024-04-24T23:13:37Z")
More like “griftle”… ---
**Author:** ![Northern\_Piper](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/northern_piper/32/5304_2.png) [@Northern\_Piper](https://boards.straightdope.com/u/Northern_Piper)\ **Post date:** [April 25, 2024, 3:17am UTC](https://boards.straightdope.com/t/how-can-truth-social-be-worth-6-billion-trump-media-technology-djt/999202/431 "2024-04-25T03:17:17Z")
Devin Nunes is mad at those short sellers who are betting the price will fall: > **[Trump Media CEO urges House GOP leaders to address 'potential manipulation'...](https://ca.finance.yahoo.com/news/trump-media-ceo-urges-house-gop-leaders-to-address-potential-manipulation-of-djt-stock-192546968.html)** > > The company recently attempted to fend off short sellers by advising investors on ways to prevent their shares from being loaned for short-interest positions. Citadel Securities, which runs one of the hedge funds he’s complaining about, fires back: > [@](#): > > Citadel, the hedge fund founded by Ken Griffin, responded to Nunes’s April 18 claims in a fiery statement, writing: “Devin Nunes is the proverbial loser who tries to blame ‘naked short selling’ for his falling stock price.” > > “Nunes is exactly the type of person Donald Trump would have fired on the Apprentice. If he worked for Citadel Securities, we would fire him, as ability and integrity are at the center of everything we do.” ---
**Author:** ![wolfpup](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/wolfpup/32/10618_2.png) [@wolfpup](https://boards.straightdope.com/u/wolfpup)\ **Post date:** [April 25, 2024, 8:32am UTC](https://boards.straightdope.com/t/how-can-truth-social-be-worth-6-billion-trump-media-technology-djt/999202/432 "2024-04-25T08:32:32Z")
> [@Northern\_Piper](#): > > Devin Nunes is mad at those short sellers who are betting the price will fall: So IOW Devin Nunes, ace cow milker turned Republican Congressman and then Trump toadie, presiding over an IPO exploiting the most capitalistic system on the planet, is mad that the free market is tanking his share price. 🤣 ---
**Author:** ![Love\_Rhombus](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/love_rhombus/32/10694_2.png) [@Love\_Rhombus](https://boards.straightdope.com/u/Love_Rhombus)\ **Post date:** [April 25, 2024, 10:21am UTC](https://boards.straightdope.com/t/how-can-truth-social-be-worth-6-billion-trump-media-technology-djt/999202/433 "2024-04-25T10:21:31Z")
That sounds udderly insane. ---
**Author:** ![ftg](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/ftg/32/2801_2.png) [@ftg](https://boards.straightdope.com/u/ftg)\ **Post date:** [April 25, 2024, 5:48pm UTC](https://boards.straightdope.com/t/how-can-truth-social-be-worth-6-billion-trump-media-technology-djt/999202/434 "2024-04-25T17:48:19Z")
Some notes: Over on the Meidas Touch YouTube channel they’ve raised [questions](https://youtu.be/oie8fM7IA8A) about the stock being manipulated to keep it above the $17+ level needed for Trump’s earn-out. The dilution of the other shares due to this pay out would normally result in a corresponding price drop. Instead it is now trading above the level before the earn-out. (After a small drop.) Apparently Trump Derangement Syndrome also applies to this stock. Regarding being fired from T_he Apprentice_. Truth [sic] Social co-founders Wesley Moss and Andrew Litinsky were contestants on _The Apprentice_ who Trump did fire from the show. ---
**Author:** ![DSeid](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/dseid/32/20194_2.png) [@DSeid](https://boards.straightdope.com/u/DSeid)\ **Post date:** [April 25, 2024, 7:29pm UTC](https://boards.straightdope.com/t/how-can-truth-social-be-worth-6-billion-trump-media-technology-djt/999202/435 "2024-04-25T19:29:35Z")
Would it be _illegal_ for Trump and those working with him to be buying stock in order to prop it over the benchmark that gets him his additional shares? Of course once they stop doing so it would drop precipitously… ---
**Author:** ![wolfpup](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/wolfpup/32/10618_2.png) [@wolfpup](https://boards.straightdope.com/u/wolfpup)\ **Post date:** [April 25, 2024, 7:39pm UTC](https://boards.straightdope.com/t/how-can-truth-social-be-worth-6-billion-trump-media-technology-djt/999202/436 "2024-04-25T19:39:12Z")
It would be hilarious if the stock value suddenly tanked because the only source of its “value” as perceived by MAGAts no longer had the ability to issue Twuths due to being deprived of his phone, along with his belt and shoelaces. 😁 ---
**Author:** ![ParallelLines](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/parallellines/32/3575_2.png) [@ParallelLines](https://boards.straightdope.com/u/ParallelLines)\ **Post date:** [April 25, 2024, 7:47pm UTC](https://boards.straightdope.com/t/how-can-truth-social-be-worth-6-billion-trump-media-technology-djt/999202/437 "2024-04-25T19:47:04Z")
> [@DSeid](#): > > Would it be _illegal_ for Trump and those working with him to be buying stock in order to prop it over the benchmark that gets him his additional shares? > > Of course once they stop doing so it would drop precipitously… If the now-tired, but still true trope of “every accusation is a confession” continues to hold our in Trumplandia… Yeah, I see some investigations down the road that will be quite bad, but then settled quietly, leaving the non-professional investors still screwed. ---
**Author:** ![dougrb](https://avatars.discourse-cdn.com/v4/letter/d/76d3ee/32.png) [@dougrb](https://boards.straightdope.com/u/dougrb)\ **Post date:** [April 25, 2024, 9:55pm UTC](https://boards.straightdope.com/t/how-can-truth-social-be-worth-6-billion-trump-media-technology-djt/999202/438 "2024-04-25T21:55:22Z")
How many bounces would a dead cat count if a dead cat could count bounces. ---
**Author:** ![Loach](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/loach/32/350_2.png) [@Loach](https://boards.straightdope.com/u/Loach)\ **Post date:** [April 26, 2024, 3:35pm UTC](https://boards.straightdope.com/t/how-can-truth-social-be-worth-6-billion-trump-media-technology-djt/999202/439 "2024-04-26T15:35:13Z")
> [@DSeid](#): > > Would it be _illegal_ for Trump and those working with him to be buying stock in order to prop it over the benchmark that gets him his additional shares? > > Of course once they stop doing so it would drop precipitously… I could be talking out my ass here. I don’t think buying stock would be illegal. Trump getting on his soapbox and telling his followers to buy stock to help him would be illegal. ---
**Author:** ![ftg](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/ftg/32/2801_2.png) [@ftg](https://boards.straightdope.com/u/ftg)\ **Post date:** [April 26, 2024, 3:53pm UTC](https://boards.straightdope.com/t/how-can-truth-social-be-worth-6-billion-trump-media-technology-djt/999202/440 "2024-04-26T15:53:58Z")
DJT continues to inexplicably rise despite … reality. It’s over $40 this morning. Some suggestions regarding short sellers buying it to close their positions. (Resulting in a squeeze.) But probably not enough to explain this. OTOH the idea of certain wealthy folk, including foreign supporters of Trump, buying it up to funnel money to him still looks likely. [Previous page](https://boards.straightdope.com/t/how-can-truth-social-be-worth-6-billion-trump-media-technology-djt/999202.md?page=21) [Next page](https://boards.straightdope.com/t/how-can-truth-social-be-worth-6-billion-trump-media-technology-djt/999202.md?page=23)