How Can Truth Social be worth $6 Billion? {Trump Media & Technology (DJT)}

I’m not so sure about the “regaining steam” part, but I guess we’ll see.

Rationally the extra shares would be understood to dilute the value of each individual share and the price would drop accordingly.

Yeah I know.

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.

Meow. Bounce. Meow. Bounce. Meow. Meow. Meow. Bounce. Yaaargh! Bounce. Bounce. Bounce. Bounce. Bounce. Bounce. Bounce. Bounce. Bounce. Bounce.

Oh yeah.

Seems extremely reasonable…

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. :cut_of_meat: :man_student: :golf: :rocket: :smiley:

So he’s clearly, no shenanigans, no funny business, totally got that NY bond covered. Clean, right?

It’s gristle all the way down.

More like “griftle”…

Devin Nunes is mad at those short sellers who are betting the price will fall:

Citadel Securities, which runs one of the hedge funds he’s complaining about, fires back:

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. :rofl:

That sounds udderly insane.

Some notes:

Over on the Meidas Touch YouTube channel they’ve raised questions 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 The Apprentice. Truth [sic] Social co-founders Wesley Moss and Andrew Litinsky were contestants on The Apprentice who Trump did fire from the show.

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…

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. :grin:

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.

How many bounces would a dead cat count if a dead cat could count bounces.

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.

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.