Trump’s Truth Social parent DWAC stock extends decline

That's never been proven.

 

Reminded me of this:

 

It’s a pyramid scheme stock.

 

Today:

https://www.cbsnews.com/news/trump-truth-social-djt-stock-down-losses-revenue-going-concern/

 

God, I sincerely hope that trump adoring rightists purchased a **** load of this useless stock. LOL

 

Actually, it has been proven. Do you need a link to the 2 decisions ? Or will the index numbers do ?

It has been proven by a preponderance of the evidence.

Your Orange Stain, that you continue to defend, is a fraudster aka con man and sexual assaultist aka rapist.

 

Is this an epiphany for you? I'm not even a stock investor but it was easy for me to predict given the numbers involved. I think the entire stock investor community predicted it as well. It isn't finished going down.

 

Well, the post that you quoted is from 2 YEARS Ago (April 2022)...
So, it woud hardly qualify as any sort of "epiphany" in 2024...
In another (recent) thread (last week) I referenced this article:
Bound to drop to around $2/share once Trump blows through the IPO windfall.
Trump’s Truth Social is now a public company. Experts warn its multibillion-dollar valuation defies logic
“The underlying business doesn’t seem to be worth much. There is no evidence this is going to become a large, highly profitable company,” he said. “I’m reasonably confident the stock price will eventually drop to $2 a share and could even go below that if the company blows through the money it got from the merger.”

 

Lol, now that the stock is (predictably) falling, he's suing the co-founders to try to get their stock.

 

Saw this today:

https://www.cbsnews.com/news/trump-truth-social-djt-stock-down-losses-revenue-going-concern/

The business made $4 million last year, and has a market cap number of $6.7 Billion, with literally NO ASSETTS !!!!

Truth Social is literally the definition of a Ponzi Scheme !!!!!

 

And you are being generous when you say they made 4 million. Because that's revenue, not profits. They have no growth plan, either. Even their accounting is warning about a potential business failure.

 

Meme stock, big money speculators day trading.

 

YEP

This is not going to end well for anyone but Trump. I promise he is already dumping his shares to get out while there is still some actuall money to take

I have been looking to find out if he is receiving "pay" from TS like he did with Trump Casinos.....

 

You should all watch this:

https://www.tiktok.com/t/ZTLBPLTKE/

 

Under every rock around Trump and family is a Russian or Russian American cutout and money laundering. That's been a constant since 2014 -2015.

 

One can bet on one thing: when DJT becomes penny stock, it will be all Dems' fault.

 

Imagine that, a new stock blazes upward fast, followed by a decline. Like that's never happened before.

 

It's happened numerous times with Trump's business ventures.

 

Very True...Case in Point:
When Trump Hotels and Casino Resorts went public $14 per share in 1995 under the DJT ticker, it also made headlines.
After losing $1 billion, Trump Hotels filed for bankruptcy protection in November 2004, the same year DJT was delisted from the New York Stock Exchange.
“I don’t think it’s a failure, it’s a success,” Trump told NBC News in a 2004 interview, after the bankruptcy filing listed $1.8 billion in debt and the stock was trading at about 50 cents per share

 

If you look at Trump Media, most of the loans and funding come from Russian Americans with very close ties to the same players who funded him clandestinely in 2015+ and were the private lenders for Deutsche Bank's private lending division that owned Trump's markers. There same folks involved and under investigation for pump and dump scheme's, insider trading and foreign money laundering. They are one and the same. The @grapeape video link I quoted in post #65 lays out the money trail to today for Trump Media who owns Truth Social and DJT. 6-7 minute watch and all verified facts.

 

When Trump poured concrete for his Casinos in Atlantic city, he most certainly had to work with mafia connections. Albeit all others had to also at the time, fortunately those days are behind us.

 

I dunno bro (before the mod was mostly local), if you consider Russia as a mafia state, they are corrupting free market greed driven economies everywhere from the inside. Uber rich dual citizens serving mother Russia to keep their wealth flowing and hooking the free economies on masses of foreign cash. England, one other example, is ****ed from it and the Ruskies are now influencing American business and politics as never before.

 

Even now, he’s suing his partners to cheat them out of their share.

 

Well, of course, why would anyone expect this POS to have a bottom?

 

I remember when the rightest magas were screaming that stock declines were a direct representation of the people’s shunning the entity and had nothing to do with market forces or fundamentals

I bet they LOVE this