Trump media stock now down 75%

[stevenkesslar]

18 minutes ago, EmmetK said:

When Trump is elected, he will make America great again whether you like it or not.

Will we have a Holocaust, whether we like it or not?

Why does Trump admire a guy who killed millions of Jews and Gays?

Although, given that Trump wants generals like Hitler's, you sure got the "whether you like it or not part" right.

[EmmetK]

1 minute ago, stevenkesslar said:

Will we have a Holocaust, whether we like it or not?

Why does Trump admire a guy who killed millions of Jews and Gays?

Although, given that Trump wants generals like Hitler's, you sure got the "whether you like it or not part" right.

Coming from someone suspended at the other site for using terms like "Jew vermin" and "Jew murderers" you would certainly have far more personal insight into  Nazi ideology than me, especially since you are part of that select group.

[stevenkesslar]

3 minutes ago, EmmetK said:

Coming from someone suspended at the other site for using terms like "Jew vermin" and "Jew murderers" you would certainly have far more personal insight into  Nazi ideology than me, especially since you are part of that select group.

Glad to know you and Trump have being liars in common.

Trump tried to change the subject today, too.  He had to lie and deny what Kelly said.  Just like he has to lie and deny what Pence said, what Esper said, what Milley said, what Bolton said.  Trump is all about lying and denying what his own hand picked leaders say.  Why?   Because of course he can't admit he's a fascist wannabe loser.  Because it's why he'll lose again.

Why does Trump admire a sick fascist leader who killed 6 million Jews and Gays?  Maybe because Hitler didn't have to lie and deny like Trump.   He could just be the openly murderous fascist leader who called Jews vermin and slaughtered them, and Gays too.  You'd think Trump would denounce Hitler, just like cops denounce Trump.

Please explain why Trump admires fascists who slaughter Jews and Gays.

Why do you support a leader who admires a Jew killer?

[EmmetK]

34 minutes ago, stevenkesslar said:

Glad to know you and Trump have being liars in common.

Trump tried to change the subject today, too.  He had to lie and deny what Kelly said.  Just like he has to lie and deny what Pence said, what Esper said, what Milley said, what Bolton said.  Trump is all about lying and denying what his own hand picked leaders say.  Why?   Because of course he can't admit he's a fascist wannabe loser.  Because it's why he'll lose again.

Why does Trump admire a sick fascist leader who killed 6 million Jews and Gays?  Maybe because Hitler didn't have to lie and deny like Trump.   He could just be the openly murderous fascist leader who called Jews vermin and slaughtered them, and Gays too.  You'd think Trump would denounce Hitler, just like cops denounce Trump.

Please explain why Trump admires fascists who slaughter Jews and Gays.

Why do you support a leader who admires a Jew killer?

You can repeat the Hitler reference from now till election Day. MSNBC and CNN can also try it. It won't help. Why? Because no one cares. It won't change anyone's mind.

Donald Trump WILL be the next President.

TRUMP2024

[Suckrates]

4 hours ago, EmmetK said:

When Trump is elected, he will make America great again whether you like it or not. You can choose to be part of America's renaissance, or you can sit on the sidelines and watch as the parade passes you by.

It's still not too late for a doubting Thomas like you to jump on the Trump bandwagon. By inauguration day, the stock price will have doubled. 

TRUMP2024

Trump already had his 4 years, and left America, according to his own words "a garbage can"   Since then he's gotten older, more senile, more greedy and more nasty.   Noone thinks he will better America except about 80 million dummies that will be voting for him, NOT ENOUGH to put him back in the WH.....

[Suckrates]

I am starting to realize the EmmetK is probably the infamous Bozo T Klown from the other site, permanantly BANNED with no home, so he is trolling HERE.....   The passion , rhetoric, writing style , salutation and knowledge of the other site lead me to believe HE is the same Trump looney radical that upended the Politics forum "over there".   

Mr EmmetK went into hiding once after Kamala kicked his ass in the debate and was forging forward, and hopefully he will go into seclusion AFTER Trump loses ? 

[EmmetK]

1 hour ago, Suckrates said:

I am starting to realize the EmmetK is probably the infamous Bozo T Klown from the other site, permanantly BANNED with no home, so he is trolling HERE.....   The passion , rhetoric, writing style , salutation and knowledge of the other site lead me to believe HE is the same Trump looney radical that upended the Politics forum "over there".   

Mr EmmetK went into hiding once after Kamala kicked his ass in the debate and was forging forward, and hopefully he will go into seclusion AFTER Trump loses ? 

Trump will NOT lose.
You can put that one in the bank.
It won't be close. Most polls show a virtual tie in popular vote. Trump won in 2016 even though Crooked Hillary got 3+ million more votes. Therefore a popular vote tie should result in Trump at over 300 electoral votes. 
Too big to rig.

TRUMP2024
MAGA

[EmmetK]

In 2 months, the price of Truth Social has nearly TRIPLED.

Worth repeating.....

In 2 months, the price of Truth Social has nearly TRIPLED.

Five weeks ago, on September 23rd the stock price was $12.15.
Trump has made all of his investors much richer, he made himself much richer, and when he is elected again, he will make America richer, safer, and GREAT AGAIN!

The company hasn't shown a profit yet. Not even close. The rise in the stock price is directly correlated to the odds of President Trump winning again.
It's not like I didn't tell you to buy the stock months ago, I hope a few of you listened.

TRUMP2024
MAGA

[Moses]

[Suckrates]

On 10/29/2024 at 12:05 PM, EmmetK said:

In 2 months, the price of Truth Social has nearly TRIPLED.

Worth repeating.....

In 2 months, the price of Truth Social has nearly TRIPLED.

Five weeks ago, on September 23rd the stock price was $12.15.
Trump has made all of his investors much richer, he made himself much richer, and when he is elected again, he will make America richer, safer, and GREAT AGAIN!

The company hasn't shown a profit yet. Not even close. The rise in the stock price is directly correlated to the odds of President Trump winning again.
It's not like I didn't tell you to buy the stock months ago, I hope a few of you listened.

TRUMP2024
MAGA

 

Happy to see you have a Fresh talking point....  Your others were "tired".....   When he loses, the stock will TANK, then i'll have something to Gloat about.    But i'll still contribute when you need to post a "GoFundMe" page to raise your mortgage payment.  👍

[lookin]

Well, if DJT's price really is an indicator of Trump's electability - and I have no reason to doubt it - then Trump is 22% less electable today than he was yesterday.  And after-hours trading shows he's another 5% less electable than at the market close.

Based on today's valuation, Trump Media is worth $8 billion.  I was surprised to learn that Musk's X now has an estimated market cap of only $9 billion, down 80% from the $44 billion he paid for Twitter.  I don't know what either company would actually sell for, but I continue to believe that Trump's best bet would be to unload find a buyer for Trump Media and the ideal pigeon candidate would seem to be Musk.

Perhaps they're waiting until after the election when Trump could be President and Musk could be the Secretary of Efficiency.  If they could do for the GDP what they've done for their media companies, they could solve immigration too.  We'd have millions of folks lined up at the borders waiting to get out. 

[Pete1111]

The total  revenue compares to two Starbucks stores.  So who the heck his pumping this penny stock so high?  Anyone? Comrades?

Trump must be filling his coffers with billions.

[stevenkesslar]

 

Truth Social’s stock price is soaring. It’s not just Trump supporters buying in.

Note that article is from March.   But I doubt much has changed.

I think the easy question is who is NOT buying it:

Quote

“If you're an investor looking for stable returns, I would not touch this with a 10-foot pole,” said Derek Horstmeyer, a finance professor at George Mason University in Virginia who specializes in corporate finance.  

It's a perfect metaphor for the election, really.

Sure, maybe it is crazy and stupid.  But as long as it might make you a little money, so what?

 

[RockyRoadTravel]

On 10/26/2024 at 2:34 AM, stevenkesslar said:

Glad to know you and Trump have being liars in common.

Trump tried to change the subject today, too.  He had to lie and deny what Kelly said.  Just like he has to lie and deny what Pence said, what Esper said, what Milley said, what Bolton said.  Trump is all about lying and denying what his own hand picked leaders say.  Why?   Because of course he can't admit he's a fascist wannabe loser.  Because it's why he'll lose again.

Why does Trump admire a sick fascist leader who killed 6 million Jews and Gays?  Maybe because Hitler didn't have to lie and deny like Trump.   He could just be the openly murderous fascist leader who called Jews vermin and slaughtered them, and Gays too.  You'd think Trump would denounce Hitler, just like cops denounce Trump.

Please explain why Trump admires fascists who slaughter Jews and Gays.

Why do you support a leader who admires a Jew killer?

You have to put up with a lot of intentionally ignorant comments.  They are a sad lot, the former defeated President's apologists. 

Apparently short selling on DTJ is sold out.  The investors aren't believing the defeated former president's bullshit like the low information Trump diehards on here. 

[stevenkesslar]

5 hours ago, RockyRoadTravel said:

The investors aren't believing the defeated former president's bullshit like the low information Trump diehards on here. 

Or maybe they are. 

I'm guessing that investors - they might be better be called traders - are manipulating the hell out of DJT.  After plummeting during the Summer and September as Harris rose, it probably had to have a rebound, anyway.  So this had to be related to optimism that Trump would win the Presidency as he "won"  October.  But I'm betting shrewd traders, not necessarily big or rich traders, tended to buy at the bottom.  And the MAGA true believers saw the stock rising and bought in.   As the stock plummets again, the true believers are likely the ones who bought at the top, and will take the biggest falls.

And speaking of stocks:

The stock market’s surprising bet on who will win the presidency

Quote

If the index is falling, the theory goes, investors are bracing for more uncertainty from a new administration. But a climb in the S&P 500 signals that the market is expecting the current president’s party to win. And the index’s recent rise is suggesting that Vice President Kamala Harris, who took over the Democratic ticket from President Joe Biden this summer, could be bound for victory.

I talk about Lichtman a lot, since his prediction system has been nearly perfect.  But this chart has been my one of cheat sheets for the stock market all year.  I have been following it closely:

What's interesting and unique about that chart is that it's the only one I've ever seen that distinguishes between years when the incumbent party wins, and years when it does not.  I found that somewhere earlier this year.  And by the time I found it, like maybe around March,   the market had already gone up a lot.  So all year long I've been taking that as an indicator that leaned toward Biden and then Harris winning.  In other words, if this were a typical year when the incumbent party was going to lose, the market would have performed poorly for the first part of the year. It did not.

Beyond that, that chart has been very accurate in predicting what happened during the year - if you assume Democrats, the incumbent party - will win.  The most important thing it suggested is that 2024 was going to be a good stock market year.  Which it has been  As legendary trader Jim Roppel has been saying, "MAX LONG".  That in and of itself is NOT an indictment of the Biden/Harris economy.  

That chart says if this is an average year when the Democrats (incumbent party) win we'll have a market dip in April and May.  We had a dip in April, which typically would be the biggest dip of a good year, and was not that bad.  It shows a dip in July.  We had a big dip, even bigger than the Spring dip.  Other than those small variations, 2024 has performed almost precisely like one would expect in a year the incumbent party  - Democrats - win.  

I have taken this to indicate two things all year.  I want to be long in the stock market, which I have been.  And Biden, or now Harris, will win.  Which I think she will.  There ain't nothing wrong with this picture for a Democrat who wants to make money.

Does the recent shit show of DJT - either the stock or the racist felon - indicate bad things to come for MAGA true believers?  I dunno.  But I would not say the picture looks particularly good for MAGA.  Whether we are talking about the stock, or the unhinged felon.

 

 

 

 

 

 

[stevenkesslar]

 

This will be interesting to watch when Trump loses.

There are no doubt a lot of complicated things involved in the rotten Trump empire.  But what this business reporter says makes sense.  Trump should sell part of his shares to address his huge debt problems.  And the minute he does that he undermines faith in DJT.  Which is already built on a house of cards, and funded in the past by Putin cronies.

What's a lying fascist wannabe felon gonna do?

When he loses, DJT will be in big trouble.  Which makes me think he would want to sell at the front end of it, which will just fuel more selling.

Then again, Putin ain't going nowhere.  There has to be a way he can bail out Trump again, you'd think.

[Suckrates]

2 minutes ago, stevenkesslar said:

 

This will be interesting to watch when Trump loses.

There are no doubt a lot of complicated things involved in the rotten Trump empire.  But what this business reporter says makes sense.  Trump should sell part of his shares to address his huge debt problems.  And the minute he does that he undermines faith in DJT.  Which is already build on a house of cards, and funded in the past by Putin cronies.

What's a lying fascist wannabe felon gonna do?

When he loses, DJT will be in big trouble.  Which makes me think he would want to sell at the front end of it, which will just fuel more selling.

Then again, Putin ain't going nowhere.  There has to be a way he can bail out Trump again, you'd think.

 

If Trump loses, he is no longer any use to Putin, who will write him off in a split second. 

[lookin]

8 hours ago, stevenkesslar said:

When he loses, DJT will be in big trouble.  Which makes me think he would want to sell at the front end of it, which will just fuel more selling.

Then again, Putin ain't going nowhere.  There has to be a way he can bail out Trump again, you'd think.

I've been wondering if Trump could find a way to sell without crashing the stock and one way (if he doesn't sell outright to Musk) would be to arrange for someone to buy 10 million shares on a day when Trump sells 10 million shares.  Putin couldn't do it, but one of his oligarchs could.  Bin Salman could.  Musk could.  It seems a fairly transactional way for Trump to sell shares without cratering the stock price.  Even retail Trump followers could buy up Trump's sales, although they wouldn't be as predictable as a whale or two.

In fact, when I look at some of the daily trading volumes lately, it looks as if insiders must be unloading stock already.  Could Trump be one of them?  He says he won't sell, but he says a lot of things. 🗣️

 

8 hours ago, Suckrates said:

If Trump loses, he is no longer any use to Putin, who will write him off in a split second. 

I'm not so sure.  Even if Trump loses, as he did in 2020, he still has the ability to divide the country and erode trust between the U. S. and our traditional allies.  He's been out of office for four years but his pathogenic social disruption has slowed down little, if at all.

We've been accustomed to ex-presidents who fade away when they lose elections but Trump seems to find new ways to keep us fighting among ourselves.  And that's got to be useful to Putin.

[stevenkesslar]

55 minutes ago, lookin said:

 Even if Trump loses, as he did in 2020, he still has the ability to divide the country and erode trust between the U. S. and our traditional allies.

He and Putin are wedded for life.

There's two views of the Putin/Trump thing, both of which could be true,

The more conspiratorial version is that Trump is an asset developed decades ago.  It makes sense that Putin, or Russian intelligence more broadly, would always be looking for opportunities to cultivate loyalties with rich and powerful Americans.  Especially ones who might need a supportive and kind Russian hand to help them out of ...................... bankruptcy.   All the help and business deals with Russians seem to have always been kept within the boundaries of laws.  Putin would of course want that, too.  A disgraced felon in jail is a bit less helpful.

The Fiona Hill theory is less conspiratorial.   At core, it's a theory about rich guys who just want to be oligarchs and authoritarians.  And will do whatever they have to in order to achieve their goals.  I can see why good MAGA folk, who are perfectly happy following authoritarian leaders and aren't particularly concerned about democratic standards or Western military alliances or Ukraine, would see this as a plus.  Why not play nice with authoritarians and prevent World War 3?  Seeing as how playing nice with Hitler definitely prevented World War 2.  🤔

It could be some of both.  Whatever loyalties were being built with Putin's merry band of oligarchs and allies decades ago probably had nothing to do with a plan to make Trump President one day.  But whether there was a plan in Putin's mind or not, those Russian investments sure paid off.  Now Putin and Trump can just be partners in crimes.  Literally.  Of course, the whole idea is that if they do it, it's not a crime.  That's been taken care of in Russia long ago, at least.  The US?  Check back with me next week.

So, yeah, Trump will be the gift that keeps giving to Putin as long as he is alive.