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Post by illinoisfisherman on Oct 30, 2024 2:17:49 GMT -5
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Post by ferris1248 on Oct 30, 2024 3:37:06 GMT -5
4 hours unless Josh or Cad get up early to pee.
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Post by One Man Gang on Oct 30, 2024 4:14:05 GMT -5
Another captain and I were talking a bit buying DJT a few weeks ago when it was around $10. I'm kicking myself in the ass for not doing it, but I feel like it's more of a meme stock than a investment. I also think it's momentum will shit the bed soon after the election....
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Post by Mynki on Oct 30, 2024 4:36:02 GMT -5
I wonder if Ilinoisfisherman understands that both 'Bollocks Social' and 'Twatter' are both massively down from previous highs?
Trumps platform is up as people speculate on the election result.
It's not a real investment. Buying now is just a gamble. And even if he wins, what long term future does it have once he's no longer the POTUS? Pretty much no one outside the US gives a shit about it, unlike Facebook etc which is global. It has no real long term future.
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Post by cadman on Oct 30, 2024 5:00:31 GMT -5
Another captain and I were talking a bit buying DJT a few weeks ago when it was around $10. I'm kicking myself in the ass for not doing it, but I feel like it's more of a meme stock than a investment. I also think it's momentum will shit the bed soon after the election.... It is a meme stock and will crash in price again. I think the traders anticipate the value increasing if Trump wins and will then dump at a profit. The price jumped sooner than I thought, as I had thought about buying before the election, but waited too long to pull the trigger. It might go higher before it tumbles back down.
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Post by ferris1248 on Oct 30, 2024 5:04:06 GMT -5
There's really no basis, businesswise, for it to exist other than to line the pockets of those who get out early. It's a pyramid deal.
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Post by One Man Gang on Oct 30, 2024 7:02:03 GMT -5
Time to buy Puts? BUT, they ain't cheap!
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Post by Tarponator on Oct 30, 2024 12:46:53 GMT -5
How many shares do you own?
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Post by ferris1248 on Oct 30, 2024 16:43:19 GMT -5
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Post by cadman on Oct 30, 2024 16:53:51 GMT -5
Illinois is bad luck. He just mentions DJT and it loses 20%. Profit takers bailing.
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Post by illinoisfisherman on Oct 30, 2024 17:03:20 GMT -5
When he becomes 47 it will jump up again. The trick for you stock guys will be to figure out the bottom before the election. Where will it be on Monday?
Good luck
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Post by illinoisfisherman on Oct 30, 2024 17:06:06 GMT -5
Up 400% and then drops 20%.
That’s like the Harris/Biden inflation- everything up 300% then inflation slows down to 10%.
BOTH THINGS STILL REALLY HIGHER 🤣
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Post by Tarponator on Oct 30, 2024 22:24:08 GMT -5
When he becomes 47 it will jump up again. The trick for you stock guys will be to figure out the bottom before the election. Where will it be on Monday? Good luck You mean "if".
How many shares do you own, again?
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Post by cadman on Oct 31, 2024 5:34:33 GMT -5
Up 400% and then drops 20%. That’s like the Harris/Biden inflation- everything up 300% then inflation slows down to 10%. BOTH THINGS STILL REALLY HIGHER 🤣 But it was after you mentioned it. Bad luck Illinois is you. It's down another 10% in premarket trading today. The speculators are taking their winnings. If it drops back in the $20 range, I may gamble in it.
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Post by ferris1248 on Oct 31, 2024 5:56:08 GMT -5
Up 400% and then drops 20%. That’s like the Harris/Biden inflation- everything up 300% then inflation slows down to 10%. BOTH THINGS STILL REALLY HIGHER 🤣 It's simply a meme stock.
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Post by Mynki on Oct 31, 2024 13:10:27 GMT -5
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Post by PolarsStepdad on Oct 31, 2024 13:23:21 GMT -5
Up 400% and then drops 20%. That’s like the Harris/Biden inflation- everything up 300% then inflation slows down to 10%. BOTH THINGS STILL REALLY HIGHER 🤣 If it drops back in the $20 range, I may gamble in it. Not. A. Chance. In. Hell.
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Post by illinoisfisherman on Oct 31, 2024 13:28:45 GMT -5
When Trump takes the election what is going to happen to the stock?
When they wind it together with X what is going to happen to the stock
I have never owned or bought a stock or bond in my life. I am honestly asking the question
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Post by PolarsStepdad on Oct 31, 2024 13:31:45 GMT -5
Stocks can be great. They can be bad. They can be invented out of thin air to make billions in debbt disappear too.
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Post by biminitwisted on Oct 31, 2024 13:31:46 GMT -5
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Post by meateater on Oct 31, 2024 13:43:56 GMT -5
Another captain and I were talking a bit buying DJT a few weeks ago when it was around $10. I'm kicking myself in the ass for not doing it, but I feel like it's more of a meme stock than a investment. I also think it's momentum will shit the bed soon after the election.... It is a meme stock and will crash in price again. I think the traders anticipate the value increasing if Trump wins and will then dump at a profit. The price jumped sooner than I thought, as I had thought about buying before the election, but waited too long to pull the trigger. It might go higher before it tumbles back down. i read that the stock market over 4 years of trump went up 14% . it went up 9% under biden after 4 years. could this be true cad.
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Post by PolarsStepdad on Oct 31, 2024 14:01:00 GMT -5
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Post by biminitwisted on Oct 31, 2024 14:03:51 GMT -5
Is losing 2.4 billion in a day a lot?
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Post by ferris1248 on Oct 31, 2024 15:06:49 GMT -5
"Trump Media & Technology Group stock (DJT) extended its double-digit declines on Thursday as the stock reversed sizable gains from earlier in the week. Shares fell around 15%, and trading was briefly halted due to volatility." "The massive swings come as the stock suffered its largest percent decline on Wednesday after shares plunged around 22%. Since Tuesday, more than $3 billion has been shaved from the company's market cap, although the stock is still up roughly 130% from its September lows." "In August, DJT reported second quarter results that revealed a net loss of $16.4 million, about half of which was tied to expenses related to the company's SPAC deal. The company also reported revenue of just under $837,000 for the quarter ending June 30, a 30% year-over-year drop." Earlier this month, the company revealed that its COO had stepped down in September." finance.yahoo.com/news/djt-stock-extends-double-digit-plunge-after-worst-day-yet-for-donald-trumps-company-152953611.html
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Post by Tarponator on Oct 31, 2024 18:19:53 GMT -5
Trump should have just invested his inheritance and we all would have been much better off.
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Post by johnnybandit on Oct 31, 2024 18:44:30 GMT -5
And it tanked Today... They halted trading TWICE.....Today.... Funny how that happens... I have owned stocked that were tanking.... There have been times I have lost tens of thousands of dollars before I ate lunch. And Trading has never been halted...
And Illinois Nazi... I told you that you cannot block me.... Because you cannot..
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Post by ferris1248 on Nov 2, 2024 19:17:55 GMT -5
10/30 it was 47.9
11/1 it was 30.03
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Post by tonyroma on Nov 2, 2024 20:24:04 GMT -5
It’s only worth anything if he wins. Trump may dump on the 4th.
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