Goober Posted April 17 Posted April 17 54 minutes ago, Stable Genius said: Stinky's so tired of winning, he's falling asleep during his trial. Quote
KeepItReal Posted April 17 Posted April 17 12 hours ago, Stable Genius said: Shares of Truth Social, the presidential candidate’s social-media upstart, have fallen more than 65% from their recent peak. The money-losing company was worth roughly $9 billion shortly after it started trading late last month. The company’s shares have tumbled so far this week, ending the session Tuesday down 14% at $22.84, giving it a market value of about $3.1 billion. Above from WallStreet Journal 16APRIL24 According to my calculations, given current earnings, anticipated growth and tech company Price/Earnings rations a fair price for the stock would be $1.87. So once the share price reaches $1 next month, it will be worth a buy, right?? (I am joking - it is a falling knife - catch it at your peril!) 😋 reader 1 Quote
Stable Genius Posted April 17 Posted April 17 “If you bought Trump stock two weeks ago ― and shame on you if you did ― you lost half your money,” Jimmy Kimmel said on Tuesday. “But if you hold on just a little bit longer, you might be able to lose all of it.” stevenkesslar, Marc in Calif, JKane and 1 other 1 3 Quote
Marc in Calif Posted April 17 Posted April 17 NEW YORK (The Borowitz Report)—In a development that an aide to the presumptive GOP nominee called “the best news this campaign has gotten in quite some time,” a new poll shows that a majority of likely voters “vastly prefer” Donald J. Trump when he is asleep to when he is awake. According to the survey, conducted by the Opinion Research Institute at the University of Minnesota, the conscious version of Trump garners a lowly 41 percent approval rating, in marked contrast with the unconscious version’s 98 percent. When asked to state what they liked most about the slumbering Trump, 72 percent checked “Cannot say anything,” while a whopping 83 percent ticked “Can do no harm.” Carol Foyler, a top Trump campaign aide, said that the numbers suggest “we have to do a better job of getting the message out that Donald Trump is asleep most if not all of the day.” “We need to showcase Mr. Trump at campaign events where he looks heavy-lidded and, ideally, snores,” she said. “If, during a debate with Biden, he were to suddenly doze off and face-plant on the podium, that would be huge for us.” The aide said that the poll results would help the Trump campaign fine-tune its electoral strategy, adding, “Between now and Election Day, we have to keep Donald Trump on a steady drip of warm milk, chamomile tea, and Ambien.” Bingo T Dog, KeepItReal, reader and 1 other 4 Quote
Marc in Calif Posted April 19 Posted April 19 NEW YORK (The Borowitz Report) - On the final day of jury selection in the hush money trial of Donald J. Trump, Judge Juan Merchan dismissed a Manhattan woman who expressed extremely negative views about the defendant. The woman testified that it would be “impossible” to render an unbiased judgment of a man she considered “vicious, cruel, and devoid of human decency.” “The idea of spending the next few weeks in the same room with him nauseates me,” she added. “Please, let me go.” Asked if she had had any personal interaction with the defendant, she said, “He wouldn’t know my name.” Although the woman’s comments riveted the entire courtroom, they failed to awaken Trump. reader and Bingo T Dog 1 1 Quote
Members lookin Posted April 24 Members Posted April 24 On 4/15/2024 at 10:18 AM, lookin said: In addition to today's dilution, there's at least one other shoe ready to drop, and that's when Trump receives an additional 36 million shares. It's part of his original deal and all he has to do is keep the stock price above $17.50 for twenty of any thirty days during a ninety day period that started on March 25th. Don't ask me who came up with that bogey, but it's one that Trump is likely to hit by the end of April. So it looks like he hit his bogey yesterday, keeping the stock price above $17.50 for twenty days, and he's been awarded another 36 million shares. If my math is right, that brings his total holdings to 115 million shares. On 4/15/2024 at 10:18 AM, lookin said: My guess is he'll stay quiet until he's got the additional 36 million shares. And then we'll hear that he's been running a 'perfect' business worth at least ten billion dollars and that somebody is out to get him and the stock is a bargain anywhere under a hundred bucks. As if on cue, yesterday Devin Nunes asked Congress to investigate the potential "unlawful manipulation of DJT stock." Now that Trump has pocketed his 'earnout' bonus, my prediction was - and is - that he'll start bellyaching that he's once again being 'treated unfairly'. It would be nice if, just this once, he'd step up and say, "I'm running this business, my name is on the door, and it's up to me to make it a success and deliver value to our shareholders. I, Donald J. Trump, will make sure my investors and supporters are not left holding the bag." If he can make America great again, why can't he make Trump Media great again? Bingo T Dog and stevenkesslar 1 1 Quote
Members stevenkesslar Posted April 30 Members Posted April 30 On 4/24/2024 at 11:36 AM, lookin said: If he can make America great again, why can't he make Trump Media great again? Now, come on. Let's be realistic. I'd be happy if he just lost a little weight, and stopped acting so humble. 😉 lookin 1 Quote
EmmetK Posted April 30 Author Posted April 30 On 4/17/2024 at 10:00 AM, Stable Genius said: “If you bought Trump stock two weeks ago ― and shame on you if you did ― you lost half your money,” Jimmy Kimmel said on Tuesday. “But if you hold on just a little bit longer, you might be able to lose all of it.” If you bought Trump stock two weeks ago (when it bottomed out at $22 on April 17) - and shame on you if you didn't - you more than doubled your money as it is now over $48... Who gets the last laugh? It isn't that useless idiot Jimmy Kimmel or the left-wingers here who predicted doom for Trump Media stock! TRUMP 2024 MAGA Marc in Calif and stevenkesslar 2 Quote
Stable Genius Posted April 30 Posted April 30 30 minutes ago, EmmetK said: TRUMP 2024 MAGA Marc in Calif and stevenkesslar 2 Quote
Marc in Calif Posted April 30 Posted April 30 3 hours ago, Stable Genius said: With those tiny hands! Stormy River will soon describe the even tinier third hand. 😎 stevenkesslar 1 Quote
Members stevenkesslar Posted May 1 Members Posted May 1 23 hours ago, EmmetK said: If you bought Trump stock two weeks ago (when it bottomed out at $22 on April 17) - and shame on you if you didn't - you more than doubled your money as it is now over $48... Who gets the last laugh? It isn't that useless idiot Jimmy Kimmel or the left-wingers here who predicted doom for Trump Media stock! I'd buy SOXL instead. It's an ETF with NVDA, AVGO, all the tech powerhouses. My nephew was recently up close to 10x on the $7 shares he bought in Fall 2022. I made the mistake of listening to the doom and gloom recession mongers in late 2022 and waited until Fall 2023 to jump into SOXL. But as Jim Roppel said recently, the "real money" started to be made starting Fall 2023. And he thinks about half of the money made on this bull will be in AI/tech related investments like SOXL and FNGU. Doesn't it shock you, @EmmetK, that real smart and rich traders and investors are not screaming, "Buy Trump! Buy DJT!" Anyhoo, SOXL just had the inevitable freefall correction from $58 to about $30. I actually sold half of mine in the 40's, at like a 100 % profit, thinking there would be a correction and I'd take some profits and buy back later. And now I will. A LOT. I think by the end of May it may be the $20's. As will DJT. Again. One stock is a big winner. And one is a big loser. Which do you think is which? Marc in Calif 1 Quote
Members stevenkesslar Posted May 1 Members Posted May 1 On 3/26/2024 at 6:53 AM, EmmetK said: There are so many ways to build wealth in America. This kind of deal is an example. No one can turn lemons into lemonade better than Donald Trump. Yup. When you wrote that a little over a month ago DJT was at $66. So it has, as of today, lost one third of it's value. Some lemonade! Trump is unique at knowing how to lose. Not him, personally. I mean he excels at turning his MAGA cult into losers. Lose, lose, lose! DJT in consistent. When he didn't lose as bad as people thought he would in 2020, he called it "winning." That led to lots of cops having their heads beat in. Festive! Now that his stock is down only one third, not two thirds, that is "winning" too. That's the DJT we know, and don't love. Or even respect. Loser! Bingo T Dog, Pete1111 and Marc in Calif 2 1 Quote
EmmetK Posted May 14 Author Posted May 14 On 4/10/2024 at 11:58 AM, Goober said: As of 12:36 pm today, the stock is down to $34.67 (another 7.50% loss). I believe you stated you bought in at $38.00... On 4/10/2024 at 5:13 PM, Marc in Calif said: Truth Social hit a new post-merger low of $33.48 on Wednesday afternoon, bringing Trump Media’s market capitalization to approximately $4.6 billion. As of Wednesday, the company had almost halved its market value from highs of more than $8 billion during its first trading week.... Analysts said the company’s initial stock boom had little to do with its underlying business and more to do with support for Trump, lumping Trump Media in with so-called “meme stocks,” like GameStop, AMC, and Reddit. In its first week on the Nasdaq, Trump Media was considered one of the most expensive stocks to short-sell, according to S3 Partners. Short-sellers are traders who bet that stocks will fall by borrowing shares and selling them high with the belief that they can be repurchased later at a lower cost. The Trump Media stock bubble was short-lived. The company’s stock began its free fall last week after it disclosed a loss from operations of almost $16 million in 2023, plus interest expense of $39.4 million, while bringing in just $4.1 million in revenue. That’s compared with a loss from operations of $23.2 million, plus interest expense of $2 million, on $1.5 million in revenue in 2022. In a regulatory filing, Trump Media said it “lacks the financial resources it needs to sustain operations for a reasonable period of time,” raising “substantial doubt” as to its ability to continue operations. The company said it expects to continue incurring operating losses and negative cash flow “for the foreseeable future.” On 4/11/2024 at 3:18 PM, Marc in Calif said: And today... Thank you yet again, President Drumpf! 32.79 -1.47 (-4.29%) On 4/11/2024 at 6:41 PM, Goober said: DJT stock closed at $32.41 today (down another 5.40%). Can someone MAGA-splain why his MAGAt cultists are letting his stock tank? Why aren't they bumping up the stock? He really needs their money. Do they really believe everything he touches dies? On 4/11/2024 at 9:37 PM, KeepItReal said: I may have a new hobby! (Well, that is until the whole thing comes crashing down and the SEC halts trading!) On 4/16/2024 at 12:17 PM, Marc in Calif said: Trump’s stock tumbles again after Truth Social announces it’s getting into streaming Tue April 16, 2024 Shares of TMTG (DJT) tumbled 11% Tuesday after closing 18% lower Monday. Driving the stock lower Tuesday: The company’s premier product, Truth Social, announced a major expansion into streaming, a notoriously cost-intensive business in which media behemoths like Disney have struggled to turn a profit. TMTG’s stock, majority-owned by former President Donald Trump, is down 70% from the all-time high it set on March 26, the day after it merged with a blank-check acquisition company to go public. On 4/18/2024 at 6:15 PM, JKane said: I hope you financial geniuses pick Presidents better than you pick stocks. Over $53 per share and climbing. Billions more for Trump... Huge profits for MAGA and me..... Trump 2024 KeepItReal and Marc in Calif 2 Quote
Members stevenkesslar Posted May 15 Members Posted May 15 On 3/26/2024 at 6:53 AM, EmmetK said: There are so many ways to build wealth in America. This kind of deal is an example. No one can turn lemons into lemonade better than Donald Trump. He will indeed Make America Great Again once he returns to the White House. ONLY TRUMP ! 7 hours ago, EmmetK said: Over $53 per share and climbing. Billions more for Trump... Huge profits for MAGA and me..... Congratulations on making "billions". So I am curious. What is your cost basis? When you posted how Trump turns lemons into lemonade on March 26, good, decent, and God-loving MAGA folk were buying his shares for between $65 and $80 a share. So I assume you did NOT pay that much for them. Despite your telling us at the time how selling stock for $80 a share made Trump a genius, and what not. I suck at math. But $53 is less than $80, right? Quote
Goober Posted May 15 Posted May 15 9 hours ago, EmmetK said: Huge profits for MAGA and me..... Sometimes there's a legitimate basis for stereotypes. stevenkesslar and Marc in Calif 1 1 Quote
EmmetK Posted May 15 Author Posted May 15 9 hours ago, stevenkesslar said: Congratulations on making "billions". So I am curious. What is your cost basis? When you posted how Trump turns lemons into lemonade on March 26, good, decent, and God-loving MAGA folk were buying his shares for between $65 and $80 a share. So I assume you did NOT pay that much for them. Despite your telling us at the time how selling stock for $80 a share made Trump a genius, and what not. I suck at math. But $53 is less than $80, right? i posted a long time ago on this thread that I bought in at $38 per share... Quote
Goober Posted May 15 Posted May 15 19 hours ago, EmmetK said: Billions more for Trump... Isn't that Von ShitzInPantz's 2024 economic policy? Marc in Calif 1 Quote
Members stevenkesslar Posted May 16 Members Posted May 16 On 3/26/2024 at 6:53 AM, EmmetK said: There are so many ways to build wealth in America. This kind of deal is an example. No one can turn lemons into lemonade better than Donald Trump. On 5/15/2024 at 2:47 AM, EmmetK said: i posted a long time ago on this thread that I bought in at $38 per share... Good for you. 😀 I missed that. I went off your original post, which talked about how Trump turns lemons into lemonade and is great at losing elections and lawsuits making a fortune. When you posted that on March 26th DJT was selling for $70 to $80 a share. Now it's in the mid 50's. Mostly seems like a lemon so far. But the point is buy low and sell high. So you are half way there. Quote
