Small time investors on Trump's Truth Social reckon with stock collapse.

[odanny]

It’s not a rebound, it’s called a dead cat bounce.

 

[Cellblock2429]

It’s not a rebound, it’s called a dead cat bounce.

/—/ We’ll see.

 

[Fort Fun Indiana]

/——/ Can you give me some time to pull my orders from TD Ameritrade going back 2 years?

For a stock that is three weeks old

 

[Cellblock2429]

For a stock that is three weeks old

/——/ Ya know, as I’ve explained in earlier posts, and with you especially, I began trading DWAC and the warrants DWACW two years ago. I rode them up, wrote covered calls and cash secured puts. I’m basing my total profit on that plus DJT stock.
So I think you’re just being a troll.

 

[Fort Fun Indiana]

/——/ Ya know, as I’ve explained in earlier posts, and with you especially, I began trading DWAC and the warrants DWACW two years ago. I rode them up, wrote covered calls and cash secured puts. I’m basing my total profit on that plus DJT stock.
So I think you’re just being a troll.

Ha, and there is the full truth.

Coulda tried it the first time, instead of trying to fool people.

 

[Cellblock2429]

Ha, and there is the full truth.

Coulda tried it the first time, instead of trying to fool people.

/—-/ I posted that on March 24 TO YOU you blithering idiot. I even reposted it earlier.
You moron.

 

[CrazyTrader55]

What a terrible way to live. Sorry to hear you went through this.

Dude you are stuck on stupid. Retire early, live free. I'll be traveling, hiking, and seeing some of this great country while many others are working 10, 15 years longer, stuck in an office, paying for crap they didn't need.

 

[odanny]

/—/ We’ll see.

If you still hold any, sell now, accept your losses while you still have some value left. I don't know how long it will hold on but I do know it will end up like Trump Wine, Trump Steaks, and Trump University.

 

[Cellblock2429]

If you still hold any, sell now, accept your losses while you still have some value left. I don't know how long it will hold on but I do know it will end up like Trump Wine, Trump Steaks, and Trump University.

/—-/ Your lack of knowledge about branding is hysterical.

 

[Missourian]

Ok...They filed to issue additional stock. As of writing, stock has fallen 16% this morning.

The immediate question: why would you issue more stock?

People are buying it as a momento of the times...and to support Trump.

It was only expected to go for less than twenty bucks a share...

"Moreover, the SEC S4 filings make clear, that if the stock price remains above $17.50 for 20 out of 30 trading days, Mr Trump will receive an additional 36 million “earnout” or bonus shares"

Trump Stock (DJT) Is Overvalued-But You Might Be Crazy To Short It

Trump Media overpriced stock

www.forbes.com

 

[Missourian]

If you still hold any, sell now, accept your losses while you still have some value left. I don't know how long it will hold on but I do know it will end up like Trump Wine, Trump Steaks, and Trump University.

I don't know...it went up again today.

March 26th to today is day 21...and the stock has spent every day above $17.50...so President Trump gets his 36 million bonus shares.

What's 36 million times $26.50 bucks.

Another billion dollars.



Bet that gives you a warm fuzzy feeling inside... that your "win" of getting Trump removed from Twitter lost your strangle hold on the platform to Elon Musk an tripled Trump's wealth.

A don't think the liberals can survive too many of those "victories".

I bought $100 worth yesterday just to have it...four shares.

Probably keep it until the day I die.

 

[odanny]

I bought $100 worth yesterday just to have it...four shares.

Probably keep it until the day I die.

Of course you did, I see more purchases upcoming.

 

[Missourian]

Of course you did, I see more purchases upcoming.

We'll see.

The joys of disposable income.

 

[DudleySmith]

For a stock that is three weeks old

The SPAC is a lot older; you're just stupid and clueless, as usual.

 

[cnm]

assumes I'm stupid because I support Trump

Venal or ignorant would be my assumption.

 

[noonereal]

Dude you are stuck on stupid. Retire early, live free. I'll be traveling, hiking, and seeing some of this great country while many others are working 10, 15 years longer, stuck in an office, paying for crap they didn't need.

Sounds aweful, truly.
You must hate your job very much. That is so sad.
I am so glad I never had to go through that.
I lived more free working 60 plus hours a week than you in your 9-5 grind.
The biggest deal I made was from a beach.
I vacationed in concierge suits at Disney World, I always preferred the Polynesian Village, so restful and relaxed an atmosphere. Limos from airport to resort. VIP check in, met at the car at most resorts.
And don't get me going on my days in Atlantic City when it owned the east coast gambling world.
My friend, I truly hope your misery ends. I truly feel guilty having indulged in life as I have knowing dumb schmucks like you toil so and vote to keep yourself down without ever knowing it.

Trump is not your friend. He thinks you a fool. He is right.

 

[noonereal]

Venal or ignorant would be my assumption.

It really is sad to see people like him struggle to get through life and then vote to make his life harder.
Guy should have gone to school.

 

[odanny]

It's not true to say someone is "stupid" because of their choices for President or because they lack a college degree.

Factually, it is not correct, and reflects poorly on the accuser. We have two choices for President. Choosing one side or the other only makes you "stupid" to the other side. I will say this upcoming election is slightly different than any others of our lifetime, but let's be consistent, at least.

And as someone who retired at 56, has a college degree, and did not like his job, rertirement has its pros and cons, but some of us can enjoy life without adhering to someone elses schedule. I make my own schedule.

Lastly, in my working career, some of the most ignorant people I worked with had the most education. Not opinion, fact.

 

[FranklinRoosevelt_FTW]

Most of these folks are trusting and hard working, and don't even see it coming. Blind faith never ends well.



Jerry Dean McLain first bet on former president Donald Trump’s Truth Social two years ago, buying into the Trump company’s planned merger partner, Digital World Acquisition, at $90 a share. Over time, as the price changed, he kept buying, amassing hundreds of shares for $25,000 — pretty much his “whole nest egg,” he said.

That nest egg has lost about half its value in the past two weeks as Trump Media & Technology Group’s share price dropped from $66 after its public debut last month to $32 on Friday. But McLain, 71, who owns a tree-removal service outside Oklahoma City, said he’s not worried. If anything, he wants to buy more.

“I know good and well it’s in Trump’s hands, and he’s got plans,” he said. “I have no doubt it’s going to explode sometime.”

For shareholders like McLain, investing in Truth Social is less a business calculation than a statement of faith in the former president and the business traded under his initials, DJT.

Even the company’s plunging stock price — and the chance their investments could get mostly wiped out — doesn’t seem to have shaken that faith. The company has lost $3.5 billion in value since its public debut last month.

As a business, Trump Media has largely underwhelmed: The company lost $58 million last year on $4 million in revenue, less than the average Chick-fil-A franchise, even as it paid out millions in executive salaries, bonuses and stock.

And in two years, Truth Social has attracted a tiny fraction of the traffic other platforms see, according to estimates from the analytics firm Similarweb — one of the only ways to measure its performance, given that the company says it “does not currently, and may never, collect, monitor or report certain key operating metrics used by companies in similar industries.”

But for some Trump investors, the stock is a badge of honor — a way to show their devotion beyond buying Trump merchandise, visiting Trump golf courses or donating to Trump’s presidential campaign.

https://www.washingtonpost.com/technology/2024/04/14/truth-social-investors-faith-trump/

A lot of folks have already made a ton of money with the stock. There’s been money bumps


This stock had a similar volatility, compared to cryptocurrency. And there’s probably going to be another money bump before the election.

15 percent bump today…. It’s probably a decent investment. They’re surely going to be another bump again before November

 

[FranklinRoosevelt_FTW]

I like Trump as the anti swamp politician, but this DJT stock is just garbage and the small investor is going to get burned.

Again, it’s a volatile stock. People have made money buying and then quickly selling it.