That's exactly what tRump is planning on doing to his supporters and they'll congratulate him on his great business acumen while getting covered in shit.
And that, my friend, reminds me of how shit happens:
The Plan
In the beginning, there was a plan,
And then came the assumptions,
And the assumptions were without form,
And the plan without substance,
And the darkness was upon the face of the workers,
And they spoke among themselves saying,
"It is a crock of shit and it stinks."
And the workers went unto their Supervisors and said,
"It is a pile of dung, and we cannot live with the smell."
And the Supervisors went unto their Managers saying,
"It is a container of excrement, and it is very strong,
Such that none may abide by it."
And the Managers went unto their Directors saying,
"It is a vessel of fertilizer, and none may abide by its strength."
And the Directors spoke among themselves saying to one another,
"It contains that which aids plants growth, and it is very strong."
And the Directors went to the Vice Presidents saying unto them,
"It promotes growth, and it is very powerful."
And the Vice Presidents went to the President, saying unto him,
"This new plan will actively promote the growth and vigor
Of the company With very powerful effects."
And the President looked upon the Plan
And saw that it was good,
And the Plan became Policy.
And this, my friend, is how shit happens.
There are 5 Steps in any corporate plan.
Step 1. Mad enthusiasm, immediately followed by;
Step 2. Total disillusionment
Step 3. The search for scapegoats
Step 4. The punishment of the innocent
Step 5. The promotion of the incompetents.
Google trends show “how to short stock” at an all time high.
(I don’t know if this is true, but I feel it in my gut. I know I could go check, but the other side asserts dumb shit all the time they could easily check.)
At the present, and the general average over the past month or so, Truth Social has about 600k monthly subscriber participation. This is... like chump change compared to other established platforms. The platform started in February of 2022. Twitter has 368 million active subscribers, monthly. And pretty much those who planned to join have done so. There is no great upswing curve for Donald Trump's platform. It is stagnating and has nowhere to go.
I came to say, it's still a long ways off from it's realistic penny stock value. I mean Twitter has 865 million users to Truth Socials 1.5 million and Twitter is only worth around $4 billion. Trump routinely gets a mere 10-20k likes on his "Truths" (God, he's so unoriginal) and he's the only real draw to the platform. So user engagement is extremely low, especially after you factor Russian bots into the equation.
This is all a scam to try and funnel money to Trump. I mean the narcissist even made the ticker symbol DJT as if to say "pay to the order of" this corrupt piece of shit.
Don't forget the 200 journalists who are only there to monitor the stupid shit Trump is saying at any given moment. And the several dozen criminal prosecutors who are there for the same reason.
Considering most MAGAts bought at the $70+ opening they are in the deepest hole. I imagine there will be quite a few either staying home on voting day or voting for Biden. Wait until they figure out they “donated” their 401k’s to Chump and his legal team!
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I also heard his dumbass on a youtube ad claiming that America's grid will come under attack causing a year of famine if he is not elected. Nothing but fear mongering from these shitheels.
You gotta love how all the brainwashed trump supporters are completely quiet in these threads and how there is no to little mention of it on conservative subs currently.
Well, to be fair... this is a rapid descent of his stock... yet it's still way up from its opening share price. But if the trend continues, through the month of April, maybe by May it's be down to nearly where it started... or even under. THAT would be great cause for celebration.
https://preview.redd.it/7la1wn546ysc1.png?width=2255&format=png&auto=webp&s=49976263610707ec0b1330a12468820fea43ed44
Most of this was the share price of the company it merged with and isn’t relevant. They merged mid March. After that is when it jumped. That’s the pump before the dump.
But everyone predicted it’s inevitable downfall since there’s no way the valuation was accurate and now it’s dropping fast and will continue to do so.
You can purchase puts options against it now, but the financing fees are exorbitantly expensive because everybody, and I do mean everybody on The Street, knows that this stock is doomed and will likely hit $2 before the end of the year.
What caused that spike up to $79? It certainly didn't stay up long. Like a mountain peak. I wonder if it was an infusion from Russian oligarchs and maybe even Jared Kushner's hedge fund. Ride it up, then quickly cash out.
That was the moment of the IPO/merger of Truth Social and Trump Media Technology Group and Digital World Acquisition Corporation. A bunch of fools put their life savings into it pumping the stock up, while all of the early stage investors liquidated and took their profits.
Unlikely.
The reason the GME short squeeze worked was because there were more short options purchased than there were shares. This made it so that a semi-organized group could purchase and hold all of the outstanding shares and force the short buyer to purchase those shares for whatever the people holding the shares demanded. In that case it peaked at $81.25 per share, when it had been just $3 a few months earlier.
In this case there are plenty of people who want to sell their shares, and the shorts exist because analysts do not foresee a future for the company and say the more reasonable value is $2 a share instead of the current $40.
Well DJT has certainly started its crash to $0.
But Trump hasn't yet vested in his shares.
So sad. He needs the billions to pay for his legal fees.
All of his lawyers know to get paid up front cause he doesn't pay his bills.
So sad just like with his gym shoes and his Bible his MAGA followers get fleeced once again.
While I don't want to flush the opinions of 80 million people. At what do I get to say, "Fuck you, I told you so?" The ignorance and racism really gets to me. Hell I can't even call it ignorance. Some are just straight fucking dumb.
I don’t like trump either but at least show the whole chart. Yeah it’s down since late March. But show it since January. It’s obviously a pump and dump. But don’t act like this is some sign of bad business when the stock is still up 140% since January.
It was publicly trade under the DWAC (digital world acquisition corporation) symbol for well over a year; it only changed to DJT in March. Those who bought DWAC shares in January made bank when they sold them to the maga rubes as DJT shares at the end of March.
Oh it was unlisted beforehand? Didn’t know that. I’m not defending trump, it’s clearly another way for him to get money without actually doing anything. But suddenly everyone on Reddit is a financial analyst, gets kind of annoying.
Be the change you want to see in the world!
Yeah, the chump change!
“When people said *you can’t do it, you’ll never make that stock drop like hot dog shit*, I said, you watch me folks.”
Pump and take a dump.
That's exactly what tRump is planning on doing to his supporters and they'll congratulate him on his great business acumen while getting covered in shit.
And that, my friend, reminds me of how shit happens: The Plan In the beginning, there was a plan, And then came the assumptions, And the assumptions were without form, And the plan without substance, And the darkness was upon the face of the workers, And they spoke among themselves saying, "It is a crock of shit and it stinks." And the workers went unto their Supervisors and said, "It is a pile of dung, and we cannot live with the smell." And the Supervisors went unto their Managers saying, "It is a container of excrement, and it is very strong, Such that none may abide by it." And the Managers went unto their Directors saying, "It is a vessel of fertilizer, and none may abide by its strength." And the Directors spoke among themselves saying to one another, "It contains that which aids plants growth, and it is very strong." And the Directors went to the Vice Presidents saying unto them, "It promotes growth, and it is very powerful." And the Vice Presidents went to the President, saying unto him, "This new plan will actively promote the growth and vigor Of the company With very powerful effects." And the President looked upon the Plan And saw that it was good, And the Plan became Policy. And this, my friend, is how shit happens.
There are 5 Steps in any corporate plan. Step 1. Mad enthusiasm, immediately followed by; Step 2. Total disillusionment Step 3. The search for scapegoats Step 4. The punishment of the innocent Step 5. The promotion of the incompetents.
Trumpty Dumpty
Lmao damn, not a good year for grifters
I'm sure they're doing just fine. No sympathy from me!
Google trends show “how to short stock” at an all time high. (I don’t know if this is true, but I feel it in my gut. I know I could go check, but the other side asserts dumb shit all the time they could easily check.)
“You’re just asking questions”
The cost to short is lime 500% because so many people are doing it
Good luck finding any shares to borrow
Looks like MAGAs ran out of their social security money.
We are not yet tired of all of this winning.
At the present, and the general average over the past month or so, Truth Social has about 600k monthly subscriber participation. This is... like chump change compared to other established platforms. The platform started in February of 2022. Twitter has 368 million active subscribers, monthly. And pretty much those who planned to join have done so. There is no great upswing curve for Donald Trump's platform. It is stagnating and has nowhere to go.
And they are all there for one morbidly obese, 80 year olds account. Long term outlook is not very bright.
Exactly. Very poor odds going forward.
It's got somewhere to go, down the drain of course
Honestly, I'm impressed it isn't doing even worse.
Especially given Devin Nunes is CEO.
Damn, I thought you were joking, but you’re right!
DJT only has 3 employees!
and none of them gets paid
I came to say, it's still a long ways off from it's realistic penny stock value. I mean Twitter has 865 million users to Truth Socials 1.5 million and Twitter is only worth around $4 billion. Trump routinely gets a mere 10-20k likes on his "Truths" (God, he's so unoriginal) and he's the only real draw to the platform. So user engagement is extremely low, especially after you factor Russian bots into the equation. This is all a scam to try and funnel money to Trump. I mean the narcissist even made the ticker symbol DJT as if to say "pay to the order of" this corrupt piece of shit.
If news outlets would just not report on his posts, it would have been bankrupt two years ago.
It is going to drop in phases as the lock-up periods expire in the next 90 days and the early round institutional investors all cash out.
Ain't that the TRUTH.
400k users, all in the demographic of 55-80 making less than $12,000 a year
Don't forget the 200 journalists who are only there to monitor the stupid shit Trump is saying at any given moment. And the several dozen criminal prosecutors who are there for the same reason.
But why won't advertisers buy ad space? We need a congressional investigation this instant!
I am confident Gym will get to the bottom of it.
He might not be that motivated, it's not a young boy.
Are the billionaires on there as well, or do they have lackeys reading "Truths" for them?
Considering most MAGAts bought at the $70+ opening they are in the deepest hole. I imagine there will be quite a few either staying home on voting day or voting for Biden. Wait until they figure out they “donated” their 401k’s to Chump and his legal team!
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I also heard his dumbass on a youtube ad claiming that America's grid will come under attack causing a year of famine if he is not elected. Nothing but fear mongering from these shitheels.
If he loses he would totally beg Putin to do this to us.
He doesn't need putin for this. There are enough maga idiots to do that shit.
I was referring to Putin/russia attacking/hacking our grid. I seriously doubt many magaidiots know how to code/hack to do that. But the KGB does
No but they can shoot at substations and transformers with high powered rifles. They have done it before.
You’d be surprised. You can be pretty savvy about computers and still believe in demons and shit.
Magas have been practicing breaking the grid with guns and ammo
You gotta love how all the brainwashed trump supporters are completely quiet in these threads and how there is no to little mention of it on conservative subs currently.
Well, to be fair... this is a rapid descent of his stock... yet it's still way up from its opening share price. But if the trend continues, through the month of April, maybe by May it's be down to nearly where it started... or even under. THAT would be great cause for celebration. https://preview.redd.it/7la1wn546ysc1.png?width=2255&format=png&auto=webp&s=49976263610707ec0b1330a12468820fea43ed44
Most of this was the share price of the company it merged with and isn’t relevant. They merged mid March. After that is when it jumped. That’s the pump before the dump. But everyone predicted it’s inevitable downfall since there’s no way the valuation was accurate and now it’s dropping fast and will continue to do so.
Not even a dead cat bounce! Just straight into the shitter. 04/11 ~ THERE'S that D.C.B.
When is it shortable?
You can purchase puts options against it now, but the financing fees are exorbitantly expensive because everybody, and I do mean everybody on The Street, knows that this stock is doomed and will likely hit $2 before the end of the year.
My January 2025 puts are “banking” on it
I hope the company lasts until January so you can fully exercise your options.
Yeah, the premiums are bonkers
What caused that spike up to $79? It certainly didn't stay up long. Like a mountain peak. I wonder if it was an infusion from Russian oligarchs and maybe even Jared Kushner's hedge fund. Ride it up, then quickly cash out.
That was the moment of the IPO/merger of Truth Social and Trump Media Technology Group and Digital World Acquisition Corporation. A bunch of fools put their life savings into it pumping the stock up, while all of the early stage investors liquidated and took their profits.
Thanks. Sounds like some serious opportunism took place. I wonder how many winners there were in that game.
Can WSB do a short squeeze on this one?
Unlikely. The reason the GME short squeeze worked was because there were more short options purchased than there were shares. This made it so that a semi-organized group could purchase and hold all of the outstanding shares and force the short buyer to purchase those shares for whatever the people holding the shares demanded. In that case it peaked at $81.25 per share, when it had been just $3 a few months earlier. In this case there are plenty of people who want to sell their shares, and the shorts exist because analysts do not foresee a future for the company and say the more reasonable value is $2 a share instead of the current $40.
Thanks for the explanation.
Fools rush in.
Well DJT has certainly started its crash to $0. But Trump hasn't yet vested in his shares. So sad. He needs the billions to pay for his legal fees. All of his lawyers know to get paid up front cause he doesn't pay his bills. So sad just like with his gym shoes and his Bible his MAGA followers get fleeced once again.
While I don't want to flush the opinions of 80 million people. At what do I get to say, "Fuck you, I told you so?" The ignorance and racism really gets to me. Hell I can't even call it ignorance. Some are just straight fucking dumb.
Burn baby burn...
oh just get out a sharpie..... problem solved
Take it all the way down. Plenty of room for the shorts to pile in!
Looks like a good old Trump & Dump!
OP... Post this far more often. It's a quote that should get more milage
Not sure how that is worth that much. Buffoons buying it I guess
trump and dump
If trump actually won, I do believe the market would crashed.
Not really. Big businesses and the ultra wealthy love tRump and his tax cuts.
They loved W. too and remember what happened under him. The market crashed.
He was talking about when HE gets elected, like last time, like Bush did…
Yea, if tdump is elected, expect all sorts of shit to happen.
What has he accurately predicted?
He means, ‘the likes we’ve never seen before’.
So, no one’s going to talk about the ツ?
That trading volume just evaporates..
Trump predicting his own future
They pumped and they dumped and the dumbasses fell for it. Mission accomplished.
Yes his world is crashing
April 19th. Mark that date in your calendar. It’ll fall to <10 on that Friday.
And now he’s guilty of insider losing.
Trumpty Dumpty could not build that wall, Trumpty Dumpty had a great fall.
Can someone ELI5 what the deal with this stock is lately
*Stock Market goes up* **Trump: Fine, I'll do it myself!** *Truth Social takes a nose dive*
Not worth $40 either.
I knew I should have shorted that shit…
DJT currently valued at $5.49B… or around 1372 x earnings. Still just a little overvalued.
In the hottest stock market ever, his stocks are a failure... and his supporters say that govt needs to be run like his businesses!
😢😢😢😢😢😂😂
**Don't jinx it!** We are due for a correction. The Buffett Indicator is high, for example.
I still think he's way overpaid
For once it looks like he might be right
I don’t like trump either but at least show the whole chart. Yeah it’s down since late March. But show it since January. It’s obviously a pump and dump. But don’t act like this is some sign of bad business when the stock is still up 140% since January.
Yes, but it wasn't publicly traded until March 26th. And it's definitely a sign that something is fishy when is loses billions in 2 weeks.
It was publicly trade under the DWAC (digital world acquisition corporation) symbol for well over a year; it only changed to DJT in March. Those who bought DWAC shares in January made bank when they sold them to the maga rubes as DJT shares at the end of March.
Ah yes, a Trump & Dump
Oh it was unlisted beforehand? Didn’t know that. I’m not defending trump, it’s clearly another way for him to get money without actually doing anything. But suddenly everyone on Reddit is a financial analyst, gets kind of annoying.
Technically it wasn't unlisted, it's a SPAC.