# The Truth Social Share Price Contest

**URL:** <https://boards.straightdope.com/t/the-truth-social-share-price-contest/1000371>\
**Category:** In My Humble Opinion\
**Created:** [April 16, 2024, 6:26pm UTC](https://boards.straightdope.com/t/the-truth-social-share-price-contest/1000371 "2024-04-16T18:26:21Z")\
**Posts on this page:** 20\
**Page:** 1

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**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 16, 2024, 6:26pm UTC](https://boards.straightdope.com/t/the-truth-social-share-price-contest/1000371/1 "2024-04-16T18:26:21Z")

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This contest is open to Dopers until April 30, 2024. The goal is to predict when the price of any class of share of Trump’s Truth Social will fall below certain values. The difference between your guesses and the actual dates will be taken. I will mail a nice but not particularly valuable prize to the person with the lowest sum of the differences. In the event of a tie, I maintain the right to randomly choose one winner.

To enter, you must predict when any share price of Truth Social will fall **below $15** , and **below $10** and **below $5**. If you believe this will not happen during 2024, you can also say that, and will receive a difference of zero for that value when this contest closes on December 31, 2024. Otherwise, this contest closes any time the share price is below $15.

Good luck to you, sage financier!

Example: I predict the price of Truth Social will fall below $15 on April 19, below $10 on April 25, and below $5 on April 27, making this contest difficult to judge due to many late entrants.

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**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 16, 2024, 6:37pm UTC](https://boards.straightdope.com/t/the-truth-social-share-price-contest/1000371/2 "2024-04-16T18:37:47Z")

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The “share price” will be taken from this CNN website.

[https://www.cnn.com/markets/stocks/DJT](https://www.cnn.com/markets/stocks/DJT)

It is currently at $22.91, down about 14% on the day.

Note: this contest will close when the share price is below _five_ US dollars (not fifteen), or December 31, 2024.

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**Author:** ![Dinsdale](https://avatars.discourse-cdn.com/v4/letter/d/97f17d/32.png) [@Dinsdale](https://boards.straightdope.com/u/Dinsdale)\
**Post date:** [April 16, 2024, 6:41pm UTC](https://boards.straightdope.com/t/the-truth-social-share-price-contest/1000371/3 "2024-04-16T18:41:04Z")

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Here goes:

Below $15 April 29  
Below $10 May 29  
Below $5 July 1

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<div class="post-metadata">

**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 16, 2024, 6:42pm UTC](https://boards.straightdope.com/t/the-truth-social-share-price-contest/1000371/4 "2024-04-16T18:42:45Z")

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**Erratum:** this contest will close either when the share price is below $5, or on December 31, 2024.

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**Author:** ![OldOlds](https://avatars.discourse-cdn.com/v4/letter/o/a3d4f5/32.png) [@OldOlds](https://boards.straightdope.com/u/OldOlds)\
**Post date:** [April 16, 2024, 6:47pm UTC](https://boards.straightdope.com/t/the-truth-social-share-price-contest/1000371/5 "2024-04-16T18:47:24Z")

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Below $15 April 18  
Below $10 May 01  
Below $5 July August 1

I think it will be an ever-flattening curve, slowly flatlining to about $2.50 when the Lockup period ends.

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**Author:** ![Cheesesteak](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/cheesesteak/32/3694_2.png) [@Cheesesteak](https://boards.straightdope.com/u/Cheesesteak)\
**Post date:** [April 16, 2024, 6:49pm UTC](https://boards.straightdope.com/t/the-truth-social-share-price-contest/1000371/6 "2024-04-16T18:49:44Z")

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Below $15 April 22  
Below $10 April 26  
Below $5 May 15

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<div class="post-metadata">

**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 16, 2024, 6:52pm UTC](https://boards.straightdope.com/t/the-truth-social-share-price-contest/1000371/7 "2024-04-16T18:52:51Z")

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My guess:

Below $15: April 28  
Below $10: June 3  
**The price will not fall below $5 in 2024**.

@OldOlds please clarify your third guess. Thanks.

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**Author:** ![Dinsdale](https://avatars.discourse-cdn.com/v4/letter/d/97f17d/32.png) [@Dinsdale](https://boards.straightdope.com/u/Dinsdale)\
**Post date:** [April 16, 2024, 6:56pm UTC](https://boards.straightdope.com/t/the-truth-social-share-price-contest/1000371/8 "2024-04-16T18:56:57Z")

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> [@Dr\_Paprika](#):
>
> **Erratum:** this contest will close either when the share price is below $5, or on December 31, 2024.

Ought that be “below $15”? Because by the time it nears $5, folk will know exactly when it dipped below $15 and $10. (Just don’t want you to think folk aren’t taking this contest seriously!) 😉

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**Author:** ![mjmartin](https://avatars.discourse-cdn.com/v4/letter/m/3d9bf3/32.png) [@mjmartin](https://boards.straightdope.com/u/mjmartin)\
**Post date:** [April 16, 2024, 6:57pm UTC](https://boards.straightdope.com/t/the-truth-social-share-price-contest/1000371/9 "2024-04-16T18:57:46Z")

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Below $15: April 24  
Below $10: May 1  
Below $5: May 14

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<div class="post-metadata">

**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 16, 2024, 6:59pm UTC](https://boards.straightdope.com/t/the-truth-social-share-price-contest/1000371/10 "2024-04-16T18:59:41Z")

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That depends on if it dips below those numbers before April 30. I wrote this thread before seeing how badly things had gone today so changed the numbers. FWIW, CNN sees a 52-week low of $12.40, but they probably lack the sophisticated sagacity of MAGA beliebers. If it drops below $5 before April 30, late entries have an unfair advantage, so a winner may be chosen at random.

This is an _exceedingly_ serious contest. 🧐 After all, Trump Social attracts serious investors, many of whom are associated with serious institutions. (Although these institutions may be more eleemosynary or medical than pure finance.). 🤭

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<div class="post-metadata">

**Author:** ![OldOlds](https://avatars.discourse-cdn.com/v4/letter/o/a3d4f5/32.png) [@OldOlds](https://boards.straightdope.com/u/OldOlds)\
**Post date:** [April 16, 2024, 7:04pm UTC](https://boards.straightdope.com/t/the-truth-social-share-price-contest/1000371/11 "2024-04-16T19:04:09Z")

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> [@OldOlds](#):
>
> Below $15 April 18  
> Below $10 May 01  
> Below $5 July August 1
> 
> I think it will be an ever-flattening curve, slowly flatlining to about $2.50 when the Lockup period ends.

Sorry- should have been  
Below $15 April 18  
Below $10 May 01  
Below $5 August 1

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**Author:** ![Fiendish\_Astronaut](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/fiendish_astronaut/32/3295_2.png) [@Fiendish\_Astronaut](https://boards.straightdope.com/u/Fiendish_Astronaut)\
**Post date:** [April 16, 2024, 8:23pm UTC](https://boards.straightdope.com/t/the-truth-social-share-price-contest/1000371/12 "2024-04-16T20:23:20Z")

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Below $15 May 1  
Below $10 July 25  
Below $5 Not before the end of 2024

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**Author:** ![wguy123](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/wguy123/32/3161_2.png) [@wguy123](https://boards.straightdope.com/u/wguy123)\
**Post date:** [April 16, 2024, 8:28pm UTC](https://boards.straightdope.com/t/the-truth-social-share-price-contest/1000371/13 "2024-04-16T20:28:03Z")

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Where is the " 🚀 to the moon 🚀 " option?

/s

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<div class="post-metadata">

**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 16, 2024, 9:52pm UTC](https://boards.straightdope.com/t/the-truth-social-share-price-contest/1000371/14 "2024-04-16T21:52:18Z")

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Right in the kisser?

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<div class="post-metadata">

**Author:** ![Measure\_for\_Measure](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/measure_for_measure/32/557_2.png) [@Measure\_for\_Measure](https://boards.straightdope.com/u/Measure_for_Measure)\
**Post date:** [April 17, 2024, 4:19am UTC](https://boards.straightdope.com/t/the-truth-social-share-price-contest/1000371/15 "2024-04-17T04:19:46Z")

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Sounds fun.  
Below $15 April 25  
Below $10 May 15  
Below $5 July 15

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**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 17, 2024, 11:06am UTC](https://boards.straightdope.com/t/the-truth-social-share-price-contest/1000371/16 "2024-04-17T11:06:49Z")

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Does it have to dip below and stay there? Is it the first time it dips below a threshold, and if it recovers slightly and dips below again, the second one doesn’t count?

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<div class="post-metadata">

**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 17, 2024, 12:59pm UTC](https://boards.straightdope.com/t/the-truth-social-share-price-contest/1000371/17 "2024-04-17T12:59:31Z")

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No. The first time the value dips below these numbers, that date is still recorded and used to determine the winner even if the value subsequently climbs.

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<div class="post-metadata">

**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 17, 2024, 4:03pm UTC](https://boards.straightdope.com/t/the-truth-social-share-price-contest/1000371/18 "2024-04-17T16:03:50Z")

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Dead cat bounce today?

Below 15 May 6.  
10 June 5  
5 June 12

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<div class="post-metadata">

**Author:** ![OldOlds](https://avatars.discourse-cdn.com/v4/letter/o/a3d4f5/32.png) [@OldOlds](https://boards.straightdope.com/u/OldOlds)\
**Post date:** [April 17, 2024, 4:08pm UTC](https://boards.straightdope.com/t/the-truth-social-share-price-contest/1000371/19 "2024-04-17T16:08:00Z")

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> [@DSeid](#):
>
> Dead cat bounce today?

Too soon.

It’s people who think “This must be the bottom! Time to get rich!”

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**Author:** ![mjmartin](https://avatars.discourse-cdn.com/v4/letter/m/3d9bf3/32.png) [@mjmartin](https://boards.straightdope.com/u/mjmartin)\
**Post date:** [April 18, 2024, 7:19pm UTC](https://boards.straightdope.com/t/the-truth-social-share-price-contest/1000371/20 "2024-04-18T19:19:32Z")

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Up another 20% today so far today. I blame this thread. When Trump pays all his judgments, and hires the best lawyers money can by, we can all point to the April 16th post as the reason it started to turn around for Trump. /s

[Next page](https://boards.straightdope.com/t/the-truth-social-share-price-contest/1000371.md?page=2)
