Trump Media stock slides again to bring it more than 66% below its peak as euphoria fades

grapeape · Apr 17, 2024

balancing act said: ↑

I think that this is related to the point that @hawgsalot is making: that Trump put little money in to start the business, and appears to be benefiting from it financially, therefore he is a smart businessman. Here's the problem: this and many other Trump ventures aren't designed to be honest businesses, make or break from their own successes and failures. Trump uses businesses to pull money and resources from other's, much like a Ponzi scheme, so he doesn't care if the business fails losing much money for the investors as long as HE makes money. If some want to consider that being a smart business person, they can, but I don't. IMO, it makes him a good scam artist. He is great at one thing, and that's building a fake perception of something. Not everyone falls for it, but many do. That's why "The Apprentice" was such a cash cow for Trump, it was the ultimate in deception and hollow image, and those years changed him to some degree. It fed into his already blossoming narcissism and he became obsessed with fame, adulation and eventually power. He learned that there was a niche of the population that his schtick worked on and took advantage of that, aided by Ailes, leading us to where we are now. He only cares about America for what he can glean from it personally. He has no concept of what it is like to be a member of the working class, yet many have adopted him as their savior, and that isn't an exaggeration.
Click to expand...

I once saw him referred to a "self made billionaire", and also the "working mans billionaire".......

He inherited $700 million dollars, and his fathers real estate empire. So the real-estate holdings in that company have valuated (as almost all real-state does)......that how he became a "billionare"

hawgsalot · Apr 18, 2024

Surfer Joe said: ↑

LMAO…Shares of TMTG (DJT) tumbled 14% Tuesday after closing 18% lower Monday. Driving the stock lower Tuesday.
Have you bought your stock yet?
Click to expand...

Oh you were so happy, where we at now?

Boilermaker55 · Apr 19, 2024

Which, shows how most, if not all, finance and legal laws are skewed to favor those with power and money.

balancing act said: ↑

I think that this is related to the point that @hawgsalot is making: that Trump put little money in to start the business, and appears to be benefiting from it financially, therefore he is a smart businessman. Here's the problem: this and many other Trump ventures aren't designed to be honest businesses, make or break from their own successes and failures. Trump uses businesses to pull money and resources from other's, much like a Ponzi scheme, so he doesn't care if the business fails losing much money for the investors as long as HE makes money. If some want to consider that being a smart business person, they can, but I don't. IMO, it makes him a good scam artist. He is great at one thing, and that's building a fake perception of something. Not everyone falls for it, but many do. That's why "The Apprentice" was such a cash cow for Trump, it was the ultimate in deception and hollow image, and those years changed him to some degree. It fed into his already blossoming narcissism and he became obsessed with fame, adulation and eventually power. He learned that there was a niche of the population that his schtick worked on and took advantage of that, aided by Ailes, leading us to where we are now. He only cares about America for what he can glean from it personally. He has no concept of what it is like to be a member of the working class, yet many have adopted him as their savior, and that isn't an exaggeration.
Click to expand...

Log in or Sign up

Trump Media stock slides again to bring it more than 66% below its peak as euphoria fades

grapeape Well-Known Member Past Donor

hawgsalot Well-Known Member

Boilermaker55 Well-Known Member

Share This Page

Log in or Sign up

Trump Media stock slides again to bring it more than 66% below its peak as euphoria fades

grapeape Well-Known Member Past Donor

hawgsalot Well-Known Member

Boilermaker55 Well-Known Member

Share This Page

Useful Searches