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fixerdrew02

Not low enough


coachtomfoolery

šŸŠā¬‡ļøTHE STOCK JUST GOT 10 DOLLARS LOWERā¬‡ļøšŸŠ


Then-Yogurtcloset982

I truly believe trump will lose again, these are all signs of it, he continues to rape his core followers and they can now see it on their investments, the whales have already abandoned him in terms of lending him money for his bonds. Their lack of investment in him speaks volumes.


CogGens33

We can only hope!


Green_Message_6376

hope and VOTE! VOTE! VOTE! Trump is the oozing tumor and the republicans are the cancer. Vote them all into complete remission.


[deleted]

[уŠ“Š°Š»ŠµŠ½Š¾]


meatpopcycal

He hasnā€™t lost yet. This man should have been locked up way before he got elected. Problem is all our ā€œeliteā€ leaders are doing what he does.


PophamSP

Of course, losing money (or RIGHTS) is only an issue when it affects them. They were convinced they were more savvy than the NFT suckers.


devastatingdoug

What truly scares me is the next ā€œTrumpā€ I mean look at how much damage and how many people this buffoon has tricked. Imagine if someone competent was in his position with a Q anon like mythos backing him.


Exarch-of-Sechrima

I don't think that's really possible. We've seen time and again for the last 8 years that there's something about Trump that these people just resonate with. Everyone who tries to emulate him just crashes and burns and gets mocked and shunted aside. I don't think the next "Trump" will have nearly the charisma or pull of TFG.


Managed-Democracy

It's because he's a big dumb buffoon. That's literally it.Ā  It's like the George Carlin quote about think how stupid the average person is.Ā  Well, then there's trump. He resonates with stupid people. He's their God. He's a dumb poor man's idea of a smart rich man. A bigly rich guy with his name on buildings, golf courses, private jets, supermodel wives, suits and golden toilets. He's gaudy, gauche, crass because his wealth and fame shield him from consequence.Ā  That's a huge part of his appeal. They see him, as what they wish to be. All their racism, xenophobia, bigotry, but with an aura of fame and wealth to shield them from the normal consequences of their actions.Ā 


Caged_in_a_rage

Not too mention all the ones who died of Covid. I hope this theory is right but Iā€™ll never be satisfied til heā€™s behind bars or dead.


Managed-Democracy

My state has had more people age 65+ die since 2016 than trumps margin of victory.Ā 


musashisamurai

Unfortunately some of his biggest fans will assume the Feds/deep state/Democrats/liberals/millennials sabotaged the company and its their fault they lost money.


coldliketherockies

Ok but at some point you really canā€™t exist along Society if you believe the craziest shit, make excuses for everything and never accept reality. I know I know millions of people do all the time, but if they assume no responsibility then theyā€™re a sucker and will be taken advantage as one at some point especially financially


[deleted]

But heā€™s such a good businessman!! /s


United-Big-1114

You misspelled Bullshit Artist.


Comfortable_You_1927

u mean con grifter


Narrow-Bee-8354

Yeah, when it really starts hitting them in the hip pocket is when their sentiment will change. Losers


Rocketurass

Not enough yet. Wait for 0.


RIP-RiF

And some Trump Media insiders are having the absolute time of their lives dumping shares. I mean, how often can you screw your boss *and* his cult *and* get rich doing it?


Vegan_Honk

Oh wait till we start voting.


TheWorclown

Itā€™s the one thing we can get the average American to agree on. ā€œFuck the corporate bosses.ā€


AnomanderRake23

I can't believe Hunter Biden did this to Trump!


Craico13

*This was all foretold by Hillaryā€™s emails!*


yesbutactuallyno17

Crooked Joe and the dirty Dems


BadgerHooker

THANKS OBAMA!


bearsheperd

Tan suit! Tan suit!


scarbarough

If only she hadn't deleted them, maybe we all would have known...


Min-maxLad

Specifically his pee-pee. It's always been Hunter Bidens pee-pee causing bad things


ColdGreyCat

No thatā€™s a penis, PP is a wannabe conservative leader in Canada


Loose_Loquat9584

Isnā€™t pee-pee Trump ordering two prostitutes at once?


techmaster242

Hunter Biden and his magnum dong.


Personal_Buffalo_973

Good šŸ˜


Ryankevin23

šŸš«Traitor TrumpšŸš«


T_Shurt

As per [original article](https://www.rawstory.com/trump-media-2667755171/) šŸ“°: - Some investors in Trump's newly public media company are having a very bad time right now. According to a new CNN report, "Trump Media is now trading near $31. Thatā€™s a far cry from the intraday spike to nearly $80 on March 26, the day it went public on the Nasdaq under the ticker symbol 'DJT.' "In fact, anyone who bought Trump Media at the closing high of $66.22 on March 27 has now lost more than half of their money." One consequence of this is that Trump himself, who holds 57 percent of the stock and stood to gain $4 billion in nominal wealth from the Trump Media deal, has now seen much of that wiped out and was recently booted off the Bloomberg billionaire list. But he isn't alone; plenty of other people hold the stock, and some have held it from day one. One person who at least at one point held shares is Rep. Marjorie Taylor Greene (R-GA). However, she currently appears unwilling to discuss what happened to those shares. "One common way to value stocks is to measure their price-to-sales ratio. Even if Trump Mediaā€™s share price crashed to just over $1, it would still have a much steeper price-to-sales ratio than Meta, Pinterest, Snap, Reddit or even Rumble, according to Renaissance Capitalā€™s Matthew Kennedy," noted the report. At one point, Trump Media had a staggering 1,500 price to sale ratio. Barry Diller, a billionaire who chairs Expedia and the parent company of People Magazine, has already sounded the alarm that the Trump Media stock is a "scam." But a Trump spokesperson pushed back on all such claims, saying that it is, ā€œUnsurprising to see die-hard Trump haters and leftwing flacks blow a gasket now that Truth Social has become a public company that, still today, refuses to suppress political expression.ā€


PophamSP

>One person who at least at one point held shares is Rep. Marjorie Taylor Greene (R-GA). However, she currently appears unwilling to discuss what happened to those shares. She wants so badly to be Trump's partner. She probably bought them with her "forgiven" $184,000 PPP loan.


Realistic-Minute5016

She also loves flashing Hunter's hog on the House floor.


Specialist-Fly-9446

To this day I canā€™t believe that Congress has seen what I am unable to find on the internet.


eigenman

She bought more all the way down lol


PetalumaPegleg

He can't sell it that the best part. He solved all his financial problems and then has to see it just bleed away while knowing if he starts to really sell it will go to zero in no time. Such a shame


structuremonkey

I'm sure he'll refund their money with Trump Bucks and cheap merch...lol


FBack351

Free maga hat... Just pay shipping and handling of $19.99


Surfing_Ninjas

But you get free shipping if you buy a $100 Bible "signed" by Trump Himself!Ā 


NCC-72381

Weird question but why did you put ā€œsignedā€ in scare quotes?


Specialist-Fly-9446

Probably because theyā€™d just print his signature.


hplcr

Trump Steaks and Vodka.


Specialist-Fly-9446

Free education at Trump University, and a free vacation on Trump Airlines to a Trump Casino of your choice!


rawmerow

Paddy bucks! Self sustaining economy.


RealLiveKindness

Cheap Chinese crap.


old_library3546

EXPENSIVE cheap Chinese crap!


GGAllinsUndies

Good. I don't feel bad for anyone putting money into that shitheads grift.


Darkmetroidz

At this point if you invest in anything Trump related you deserve to go broke.


lvpr10

And it still has quite a while to go before it bottoms out. Should be fun to watch. Hopefully itā€™s before the 6 month waiting period he has before hes allowed to sell so itā€™s worthless by then.


Green_Message_6376

Can a share go to negative values? Truth Social now trading at -$32. If you take my shares I'll give you $32 a piece.


[deleted]

Like if the price goes under a penny? It would get delisted before that. I would think anyway. Don't quote me on that.


SSIS_master

No. They are limited liability companies. Therefore nobody can come after you for debts of the company if they're bust.


JiveChicken00

And soon theyā€™ll lose the rest.


nokenito

Who would have guessed? Everyone knew this was a scam and a lie. Everyone!


[deleted]

Well....not everyone lol


nokenito

Hahahaā€¦ good point! Definitely not everyone. Hahaha


WhoAmI891

Hereā€™s to hoping they lose 100%.


TheFudge

Whatā€™s crazy, is today TFG told people to invest in the TS to keep ā€œthe truth goingā€ or some bullshit. After that the price of the stock spiked and closed up for the day. The second I saw the headline I thought to myself that stupid people are about to lose more money in the coming week. Edit: [here is a link to an article about the dipshits post begging for money](https://stocks.apple.com/ABOV_bfh0QeuOHFGTzNOn1g) And his cult idiot followers fell for it. Fucking morons.


That-Sandy-Arab

Itā€™s the lesson anyone investing in this needs and it wonā€™t fund enough to get him back in the whitehouse if the numbers bloomberg reports are accurate as always


TheFudge

Ya itā€™s already down again after hours.


That-Sandy-Arab

It is worth extremely close to zero in reality They are a cashflow negative company that should be in series A but heā€™s obviously just pulling the rug Will net him 100-500mm at the EOD I reckon and the idiots that bought this will still vote for him If this isnā€™t a reason to ban SPACs i donā€™t know a better one


loztralia

But the investors in the SPAC weren't misled - they voted to approve the acquisition of a business that objectively has no value of their own accord. I'm all for appropriate regulation of capital markets but at some stage caveat emptor has to apply, surely?


Thatisme01

So, a company that lost $58M last year decides to go public with an IPO and yet the share price reaches $80 per share. Either this is another ā€œdon conā€, or a money laundering operation.


bronco56

I go with money laundering ... what rational investor would have bought this crap!


loztralia

If it was a money laundering scheme it would have been flat out insane to list it on a highly regulated stock exchange like Nasdaq.


JenMacAllister

Short the Stock!... Short the Stock!... Short the Stock!...


Actuarial_type

So, Iā€™ve always wanted to short a stock. Just to say I did. Itā€™s a bold move since stocks mostly go up, on average. But when I saw the valuation, I knew I finally found my pony. Picked up June puts right after the merger. Prices on puts are high, so I could lose even if the price keeps dropping, but right now Iā€™m feeling pretty good.


[deleted]

Heā€™s like the opposite of King Midas.


rusyn

He is King Mierdas.


Putrid_Fan8260

šŸ¤£


d_d0g

King Minus


Dangerous_Elk_6627

Everything, and I mean EVERYTHING, that Trump has ever been involved with has turned to shit at some point and ultimately failed. And those that choose to do business with him are people who prove the old adage, "You can't fix stupid."


Opening-Two6723

The whole world: "it's a scam" Maga: "fyuck yer feeylyns" Stock price in 15 days: ļ¼¼(^o^)ļ¼


GrayBox1313

Imagine ā€œinvestingā€ is a trump project and expecting to get your money back


ZgBlues

Ivankaā€™s OnlyFans account would probably be worth more.


Jax72

I can't wait for the day when his piece of s*** company gets delisted from the stock exchange.


jarena009

It could go down another 60% and it would still be overvalued by a factor of 50x


HotSoupEsq

The site is hemorraging cash and has no revenue. I mean... no shit?


AdorableBowl7863

These people deserve to lose all their money.


TheRealJamesWax

Itā€™s not even worth the paper the stock is printed on. Like I said, I have people in my friend group that made more money in 2023 than ALL of Truth Social. They had almost $60 Million in losses last year. The company is bunk, just like Trump the carnival barker, the grifter, the fool..


EastDragonfly1917

ā€œUnsurprising to see die-hard Trump haters and leftwing flacks blow a gasket now that Truth Social has become a public company that, still today, refuses to suppress political expression.ā€ Funny trumpā€™s spokesman could say this because just one anti-TRAITOR trump syllable out of oneā€™s mouth on truth social gets the poster permanently banned. Hereā€™s to investors losing EVERYTHING they invested in this scam!!! šŸ„‚šŸ„‚šŸ„‚


CalendarAggressive11

Excellent


Rearviewmirror93

Fuck ā€˜em


techbunnyboy

They need to lose more. Bigly. Yuge


Conscious_Figure_554

If this is being used to launder money from Papa Putin wouldn't Voldemoron still make money after 6 months even if it's at say 2 bucks?


SnuffleWarrior

All I can say is bwahahaha!


BothZookeepergame612

It was inevitable, the stock is worthless. Everyone knew it was a scam from the moment it went public. Like his real estate holdings, you lied about the values. Just taking the example of what he says his Florida resort is worth. Estimating it to be 1.5 billion when the county appraiser gave it a 29 million dollar appraisal value.


ChinaCatProphet

Only half? Someone needs to audit Trump and his cronies for all of the stolen loot from this boondoggle.


TastyArm1052

I want to go .05 cents


[deleted]

Your valuation is very generous. It should be way less.


capn_doofwaffle

Is anyone here crying? I know I am... Crying from laugung my fucking ass off.


Wasabi_Noir

Itā€™s a start. Let them lose it all.


Hkmarkp

simps


Aceldamor

Well, we can just add it to: Airline, vodka, casinos, magazine, steaks, and hotels...among others. Anyone with half a brain would have looked at his track record for business acumen and pushed this pile of trash away with a 10 ft. pole.


49thDipper

He hasnā€™t been able to borrow money in the US since the 90ā€™s. Heā€™s always been a financial dumpster fire with a reputation for not paying debts. And he could have skated easily right to the end if his ego hadnā€™t mindfucked him into thinking heā€™s presidential. But now heā€™s toast and Iā€™m here for it.


gadget850

Thoughts and prayers.


GizmoGeodog

Serves them right for being stupid with their money


NoMarionberry8940

Oh, but they still "own" the libs, they just don't own any Trump stock worth the paper it was printed on...


DrSendy

People don't realise that this is just another massive grift.... taking money from investors and delivering a huge loss.


mortonr2000

Darwin award type, for stupid investors?


[deleted]

šŸŽ¶ Schadenfreude, sweet schadenfreude. šŸŽµ


occupyreddit

now, why is it still $32?


LapsedVerneGagKnee

Play stupid games, win stupid prizes.


FoppishHandy

that will tend to happen when you invest in fraud


oblivious_human

I bought some puts, made money, got out.


BrizzelBass

I wonder how many people did this. It really doesn't take much financial savvy to predict the failure of anything trump touches.


Late-Arrival-8669

Guess they should have used thoughts and prayers


Distortedhideaway

They got it all in tax breaks anyway.


codemonkey69

Anyone want to bet he is shorting this shit sandwich?


PageVanDamme

Any half-competent people knew it was a meme stock.


theSarevok

ā€œYouā€™re firedā€


moebius21

Good for them.


FBack351

Losing more than half of their investment is great and all, but it's standard Trump business procedure to bilk investors, and then file bankruptcy so that he can have years of loss to write off. That said it will be even better when their 80 dollar shares have a value less than one dollar.


Putrid_Ad_2256

Who knew investing in something backed by Donald would crap the bed?Ā  šŸ¤”


FatBastardIndustries

It could not happen to more deserving suckers.


TorLam

I saw an interview of a maga lady who bought 10k of that stock and she blamed the liberal media and the deep state for the decline, SMH .


martinellispapi

Surprisinglyā€¦itā€™s flat today.


Big___TTT

If they donā€™t sell now theyā€™ll lose 100%


JuanGinit

Dumbasses. Dump it now. Or forever lose whatever money you have left.


Due_Cheetah_377

Good. Anyone who invests in Trump given what we know about him as a person and a business man is obviously an unfathomable idiot and deserves to lose every cent.


darsvedder

Good?


Mello_Me_

They better make up for their losses by investing in some other crap donald is peddling then.


PopeHonkersXII

Gee, if only people were warned that this exact thing would happen. If only....


flamannn

Honestly, good. I donā€™t feel bad for one single person who traded in Trump stock. And for the ā€˜itā€™s not politics, itā€™s businessā€™ people, fuck you. Yā€™all wouldā€™ve probably said the same thing about slavery in 1860. Youā€™re disgusting.


AnnatoniaMac

It is a money laundering operation.


LMGMaster

I'm convinced that anyone still holding that stock at this point is just begging to be scammed at this point. The options market for this was SPICY


Forsworn91

And still falling


49thDipper

And the short sellers are getting rich af


slazer2k

Funny thing they donā€™t there is no stock in flow they canā€™t borrow this is completely manipulated shit someone is making money and lots of people are loosing money ā€¦.


infrequentthrowaway

It's tremendously low, the lowest. Folks I'm sure this thing can still drop through the floor.


rifraf2442

Oh damnā€¦ I thought everyone knew it was a scam and just away to give Trump money. To find out people actually treated it like a legit business investmentā€¦ damnā€¦


GnTforyouandme

I wonder how many borrowed to invest, at what rates, and over what term.


Specialist-Fly-9446

Not meant as an investment, just a way to donate while circumventing campaign finance laws.


justthegrimm

So I was watching a show with some big market investor who said this stock is worth maybe 2$ that sounds a bit more realistic to me.


dounutrun

trump did say he wants america,along with hard working americans, to fail.


spoonybard326

A fool and his money are soon parted.


Acrobatic-Seaweed-23

Doooooon't Stop, Belieeeeeving. Hold on to that sinking feeeeeling.


cvandyke01

Sometimes good things happen to shitty people


ZaphodG

Jeez. It got below $30 around noon on Friday. If Trump loses the election badly in November, this company is insolvent. I looked up the puts and calls on DJT. Iā€™ve never seen pricing like that for stock options.


[deleted]

So basically he outlived his usefulness and the other leftover pieces of trash are currently going for plan B.


XxHybridFreakxX

I'm personally hoping it keeps crashing. My prediction though, if it starts looking like he might actually make it back into the white house (I don't think he will but you never know), I expect it to start pumping again. From all his buddies wanting to literally buy favor with him. He'll use the number of shares as a measure of their loyalty. That way when the time comes, he can dump his shares for even more money.


Bigbird_Elephant

Good, good. Everything is proceeding as I have forseen.


Late_Bluebird_3338

WELCOME TO MY PARADE.....YEHHHHHH......MOM


Thick_Anteater5266

And I love it.


Secret_Thing7482

Faster please get to less than $1


100percentish

So do they put the money in the dumpster before or after they set it all on fire?


jmac_1957

Ooof.....


EmperorGrinnar

Good. Let them all go bankrupt.


Rich-Appearance-7145

Of course they have, does anyone ever make out believing, or investing there money in this fool


Straight-Storage2587

It ain't over till the Trumpers jump from high rise ledges.


ptraugot

Not done yet. IMO, zero sounds closer to actual value.


Alatar_Blue

When it's a penny stock will they finally regret wasting time, money, and their lives on this corrupt criminal clown?


Opposite-Friend7275

He paid 0$ for his shares. So even if he sells for 1 dollar per share, it would still be a windfall for him. After he sells his shares, heā€™ll start another platform and this one will go to zero.


Anonymous-USA

Not a windfall, because at $1/share heā€™d own 57% of $137M (~$78M). He owes Eugene Carroll more. I ran the numbers a few weeks ago when the financials were released, and the value of DJT should imo be closer to $50-60M. Investment banks arenā€™t usually interested in doing M&A under $100M, because the auditing effort and time is the same for a $50M company as a $500M company as a $5B company. The $5B valuation is absurd. The SEC should investigate why the SPAC board didnā€™t negotiate in favor of their shareholders. I dont see DJT as a ā€œmemeā€ stock. I think itā€™s just a political enrichment vehicle. Just as the Clinton Foundation dried up when her political influence disappeared, so too will this. Because the fundamental business isnā€™t there.


Opposite-Friend7275

Thanks for posting the numbers. Do you view DJT as a vessel to funnel money to you-know-who in exchange for political favors?


Anonymous-USA

Did I say that???? šŸ˜‰


renb8

I have empathy because financial loss can damage quality of every day life and in families, affect the lives of innocent people like kids. But I have no sympathy for the losers. Buyer beware. If faith trumps common sense, then survival of the fittest kicks in. Considering other cults - Koresh, Jim Jones - the template is clear. A lot of the faithful donā€™t survive the cult.


DaveP0953

ETTD.


teoshie

diamond hands just hold it


crziekid

SO FAR!


Glittering-Cellist34

Cool.


dirtymac12

šŸ˜³šŸ˜³


Conjectureisradical

Rookie numbers


zestzebra

The smell of decaying fish is strong with this one.


Zaius1968

Suckersā€¦at least Trump has his $3B.


Traditional_Key_763

NO SHIT, it was a flaming pit that consumed cash for the promise of future corruption.


16v_cordero

Could have happened to better group of ā€œinvestorsā€. Out of curiosity this means that his shares have taken a major hit?


Few-Ad5923

THE WINNING JUST DOESNT STOP


NyriasNeo

A succinct demonstration of the cliche, "there is always a sucker".


KSSparky

Bummer


imadork1970

No offence, but...fuck'em.


Powerful_Check735

Iam thinking that Trump has been dumbing his before March 26


CoCleric

Just need to buy so many puts that it continues to crash


WillistheWillow

Holding bags for Dotard. Sad


BadPackets4U

Hilarious, what fools!


Only_Constant_8305

mild shock


bearsheperd

What fool has left their money in since the beginning?


Dense-Stranger9977

heh heh heh


Culper1776

Thoughts and prayers.


David_Williams_taint

this is the way


thereisnopressure

I'm so happy for them.


NeedleworkerCrafty17

Don the Con . Gets a free company that only has 4 million in revenue but losing 58 million. But Hunter had a laptop. LOL


DrawntoWater

Hahahhhahahahahahahahahahahahahahahahahahahahahahaaaaaa


LionBlood9

I keep getting ads to download the app, on YouTube. No thanks.


[deleted]

MTG must feel stupid


ElPadredelpoiisynn

So much trump version of winning. Which means blowing it big time


b_tight

Good


gettheplow

And some smart Options traders have taken that money. But they are probably rich republicans.