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Post by ferris1248 on Sept 5, 2024 11:38:29 GMT -5
"Trump Media & Technology (DJT) Group Corp., which was worth nearly $10 billion in mid-May, has fallen 69% since its market capitalization peaked on May 9 and is now worth less than $3.4 billion. The selloff has accelerated in the past month, with the shares falling in 22 of the 27 sessions through Wednesday’s close and losing more than 45% in the process. That pressure is only expected to increase when the deal lockup expires as soon as Sept. 19 and insiders can start unloading their equity." "The spiral is happening as retail traders grapple with the Republican presidential candidate’s return to X after using his own platform for years. In addition, Trump’s opponent, Vice President Kamala Harris, is showing momentum in recent polls. Real Clear Politics has Trump polling at 46.2 nationally down from a high of 48.1 on July 29, while Harris is up to 48.1 from 46.2 when President Joe Biden dropped out of the campaign." "For Trump, the stumble wipes out more than $3.7 billion from the former president’s paper profit off the deal, falling from a high of almost $5.8 billion to roughly $2 billion. And it delivers over $200 million in paper profits to short sellers who’ve bet against the company since its July 15 peak, data from analytics firm S3 Partners show." “Anybody who looks at this knows that the current price of the stock has no relationship to the underlying value of the company,” said Brian Quinn, a law professor at Boston College. “Until recently it’s been nothing more than a financial indicator of MAGA loyalty.” "The stock is on pace to fall for a seventh-straight week with Trump and other insiders able to start selling shares this month. That potential pressure could extend the latest decline, though industry watchers agree that it won’t be easy for Trump to extract billions in cash." “It’s going to be very difficult for him to dump his shares” given restrictions on how quickly Trump can sell down his stake and the appropriate regulatory filings that are required, said Quinn." "The stock’s decline from a near-term peak in mid-July in the wake of the failed assassination attempt attempt against the former president at a Pennsylvania rally has been similar to the sinking betting odds that Trump will win in November, according to PredictIt." finance.yahoo.com/news/trump-media-69-plunge-wipes-145741747.html |
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Post by meateater on Sept 5, 2024 12:37:33 GMT -5
sinking odds , every stupid poll i see its basically neck and neck, most have harris up 1/2 to 2 % nationally and stats show trump over performs on most poll numbers so this is just typical democrat bullshit. keep reaching
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Post by dragonbait on Sept 5, 2024 12:50:11 GMT -5
Only boomers answer unknown numbers
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Post by meateater on Sept 5, 2024 12:56:53 GMT -5
Only boomers answer unknown numbers kangaroos are smart but i dont think they can pick up a phone. |
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Post by cadman on Sept 5, 2024 13:30:11 GMT -5
It's free money to Trump whether it's $500 mil or $2 billion. My guess he sells as much as he can as quick as he can. Longer he waits, the less it will be worth. Sooner or later DJT runs out of money and goes bankrupt.
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Post by meateater on Sept 5, 2024 13:35:53 GMT -5
It's free money to Trump whether it's $500 mil or $2 billion. My guess he sells as much as he can as quick as he can. Longer he waits, the less it will be worth. Sooner or later DJT runs out of money and goes bankrupt. not if he wins the election. |
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Post by ferris1248 on Sept 5, 2024 13:39:54 GMT -5
It's free money to Trump whether it's $500 mil or $2 billion. My guess he sells as much as he can as quick as he can. Longer he waits, the less it will be worth. Sooner or later DJT runs out of money and goes bankrupt. not if he wins the election. umbrella. BS. if he wins he'll abandon DJT in favor of X. He's already promised Musk for Musk joining his administration In fact he's screwed his investors by posting on X |
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Post by meateater on Sept 5, 2024 13:44:40 GMT -5
not if he wins the election. umbrella. BS. if he wins he'll abandon DJT in favor of X. He's already promised Musk for Musk joining his administration In fact he's screwed his investors by posting on X i agree, he may have to get rid of faggity djt if elected. deal with x sounds about right. |
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Post by Reptile Dysfunction on Sept 5, 2024 22:48:59 GMT -5
"Trump Media & Technology (DJT) Group Corp., which was worth nearly $10 billion in mid-May, has fallen 69% since its market capitalization peaked on May 9 and is now worth less than $3.4 billion. The selloff has accelerated in the past month, with the shares falling in 22 of the 27 sessions through Wednesday’s close and losing more than 45% in the process. That pressure is only expected to increase when the deal lockup expires as soon as Sept. 19 and insiders can start unloading their equity." "The spiral is happening as retail traders grapple with the Republican presidential candidate’s return to X after using his own platform for years. In addition, Trump’s opponent, Vice President Kamala Harris, is showing momentum in recent polls. Real Clear Politics has Trump polling at 46.2 nationally down from a high of 48.1 on July 29, while Harris is up to 48.1 from 46.2 when President Joe Biden dropped out of the campaign." "For Trump, the stumble wipes out more than $3.7 billion from the former president’s paper profit off the deal, falling from a high of almost $5.8 billion to roughly $2 billion. And it delivers over $200 million in paper profits to short sellers who’ve bet against the company since its July 15 peak, data from analytics firm S3 Partners show." “Anybody who looks at this knows that the current price of the stock has no relationship to the underlying value of the company,” said Brian Quinn, a law professor at Boston College. “Until recently it’s been nothing more than a financial indicator of MAGA loyalty.” "The stock is on pace to fall for a seventh-straight week with Trump and other insiders able to start selling shares this month. That potential pressure could extend the latest decline, though industry watchers agree that it won’t be easy for Trump to extract billions in cash." “It’s going to be very difficult for him to dump his shares” given restrictions on how quickly Trump can sell down his stake and the appropriate regulatory filings that are required, said Quinn." "The stock’s decline from a near-term peak in mid-July in the wake of the failed assassination attempt attempt against the former president at a Pennsylvania rally has been similar to the sinking betting odds that Trump will win in November, according to PredictIt." finance.yahoo.com/news/trump-media-69-plunge-wipes-145741747.htmlFerris, can you please show us on the doll, where Donald J. Trump touched you? Thank you in advance.
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Post by Tarponator on Sept 6, 2024 0:04:43 GMT -5
Suckers are born every minute, I suppose, but it's the ones that defend the con that confound me.
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Post by illinoisfisherman on Sept 6, 2024 6:51:59 GMT -5
not if he wins the election. umbrella. BS. if he wins he'll abandon DJT in favor of X. He's already promised Musk for Musk joining his administration In fact he's screwed his investors by posting on X Watch Musk buy Truth Social and weave it into X |
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Post by ferris1248 on Sept 6, 2024 6:56:35 GMT -5
"Trump Media & Technology (DJT) Group Corp., which was worth nearly $10 billion in mid-May, has fallen 69% since its market capitalization peaked on May 9 and is now worth less than $3.4 billion. The selloff has accelerated in the past month, with the shares falling in 22 of the 27 sessions through Wednesday’s close and losing more than 45% in the process. That pressure is only expected to increase when the deal lockup expires as soon as Sept. 19 and insiders can start unloading their equity." "The spiral is happening as retail traders grapple with the Republican presidential candidate’s return to X after using his own platform for years. In addition, Trump’s opponent, Vice President Kamala Harris, is showing momentum in recent polls. Real Clear Politics has Trump polling at 46.2 nationally down from a high of 48.1 on July 29, while Harris is up to 48.1 from 46.2 when President Joe Biden dropped out of the campaign." "For Trump, the stumble wipes out more than $3.7 billion from the former president’s paper profit off the deal, falling from a high of almost $5.8 billion to roughly $2 billion. And it delivers over $200 million in paper profits to short sellers who’ve bet against the company since its July 15 peak, data from analytics firm S3 Partners show." “Anybody who looks at this knows that the current price of the stock has no relationship to the underlying value of the company,” said Brian Quinn, a law professor at Boston College. “Until recently it’s been nothing more than a financial indicator of MAGA loyalty.” "The stock is on pace to fall for a seventh-straight week with Trump and other insiders able to start selling shares this month. That potential pressure could extend the latest decline, though industry watchers agree that it won’t be easy for Trump to extract billions in cash." “It’s going to be very difficult for him to dump his shares” given restrictions on how quickly Trump can sell down his stake and the appropriate regulatory filings that are required, said Quinn." "The stock’s decline from a near-term peak in mid-July in the wake of the failed assassination attempt attempt against the former president at a Pennsylvania rally has been similar to the sinking betting odds that Trump will win in November, according to PredictIt." finance.yahoo.com/news/trump-media-69-plunge-wipes-145741747.htmlFerris, can you please show us on the doll, where Donald J. Trump touched you? Thank you in advance.
Classic answer from a cultist who has nothing to contribute. Just name calling and insults. Hope you feel better now. |
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Post by ferris1248 on Sept 6, 2024 6:57:44 GMT -5
umbrella. BS. if he wins he'll abandon DJT in favor of X. He's already promised Musk for Musk joining his administration In fact he's screwed his investors by posting on X Watch Musk buy Truth Social and weave it into X That's a legitimate thought. |
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Post by luapnor on Sept 6, 2024 10:09:19 GMT -5
Ferris, can you please show us on the doll, where Donald J. Trump touched you? Thank you in advance. It's all mental. |
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Post by cadman on Sept 6, 2024 11:34:40 GMT -5
umbrella. BS. if he wins he'll abandon DJT in favor of X. He's already promised Musk for Musk joining his administration In fact he's screwed his investors by posting on X Watch Musk buy Truth Social and weave it into X Why would he waste the money? DJT isn't worth 10% of its current stock price. |
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