Warning

 

Close

Confirm Action

Are you sure you wish to do this?

Confirm Cancel
BCM
User Panel

Arrow Left Previous Page
Page / 3
Posted: 3/26/2024 2:24:10 PM EDT
[Last Edit: Firearmsenthusiast]
After going public it took off today and stabilized at about $70 which makes it worth about 13 Billion right now.  Trump's stake is worth close to 6 billion at that price.

Somehow I don't think Trump gives a shit about his itsy-bitsy $465M fine....

https://www.axios.com/2024/03/26/stock-trump-truth-social
Link Posted: 3/26/2024 2:31:35 PM EDT
[#1]
Neat.
Link Posted: 3/26/2024 2:32:30 PM EDT
[Last Edit: 9divdoc] [#2]
Opened up at 40 now at 75?

I consider it a campaign donation I can get money back out of
Link Posted: 3/26/2024 2:34:50 PM EDT
[#3]
Nice.  When can he begin selling?
Link Posted: 3/26/2024 2:35:00 PM EDT
[Last Edit: 4thbreak] [#4]
The media is already calling it a meme stock.
Link Posted: 3/26/2024 2:35:28 PM EDT
[#5]
The old pump and dump?
Link Posted: 3/26/2024 2:35:29 PM EDT
[#6]
I’m just here for the….well you know….
Link Posted: 3/26/2024 2:35:31 PM EDT
[#7]
Discussion ForumsJump to Quoted PostQuote History
Originally Posted By BillofRights:
Nice.  When can he begin selling?
View Quote



6 months, it won’t stay this high.
Link Posted: 3/26/2024 2:36:17 PM EDT
[#8]
That options chain got some wild numbers
Link Posted: 3/26/2024 2:36:47 PM EDT
[#9]
Is he going to divest his shares if elected president?

Link Posted: 3/26/2024 2:37:43 PM EDT
[Last Edit: BillofRights] [#10]
Discussion ForumsJump to Quoted PostQuote History
Originally Posted By 9divdoc:
Opened up at 40 now at 75?

I consider it a campaign donation I can get money back out of
View Quote


That’s actually not a bad idea at all.  Last time, I sent him cash money
and got Beer mugs and a goofy hat to show for it.  

I’m going to put in a buy order @60.    If I lose it all, it was a donation.  

I’ve been saying for decades, that we need a Media outlet like this, so it’s time to step up.
Link Posted: 3/26/2024 2:38:16 PM EDT
[#11]
Discussion ForumsJump to Quoted PostQuote History
Originally Posted By sitdwnandhngon:
The old pump and dump?
View Quote

Probably. A number of other stocks related to "Trump" did the same thing in the past.
Link Posted: 3/26/2024 2:39:43 PM EDT
[#12]
Discussion ForumsJump to Quoted PostQuote History
Originally Posted By 4thbreak:
The media is already calling it a meme stock.
View Quote


They're not wrong, but it'll stick around at least until the election is over. From there it depends on whether Trump wins, or if he loses, how mad his supporters are. Where there's volume, there's advertising dollars.
Link Posted: 3/26/2024 2:40:21 PM EDT
[#13]
AWESOME!

Link Posted: 3/26/2024 2:40:21 PM EDT
[#14]
Discussion ForumsJump to Quoted PostQuote History
Originally Posted By BillofRights:
Nice.  When can he begin grifting?
View Quote


Fixed it for you.  


Link Posted: 3/26/2024 2:40:51 PM EDT
[#15]
Discussion ForumsJump to Quoted PostQuote History
Originally Posted By BillofRights:
Nice.  When can he begin selling?
View Quote

6 months
Link Posted: 3/26/2024 2:43:04 PM EDT
[#16]
Discussion ForumsJump to Quoted PostQuote History
Originally Posted By macros73:


They're not wrong, but it'll stick around at least until the election is over. From there it depends on whether Trump wins, or if he loses, how mad his supporters are. Where there's volume, there's advertising dollars.
View Quote



also kind of a bellwether for his popularity overall
Link Posted: 3/26/2024 2:46:33 PM EDT
[#17]
Discussion ForumsJump to Quoted PostQuote History
Originally Posted By 4thbreak:
The media is already calling it a meme stock.
View Quote

"company that has racked up tens of millions of dollars in losses since its 2021 launch and generated just over $3 million in revenue during the first nine months of 2023"

if that isn't a meme stock I don't know what is.
Link Posted: 3/26/2024 2:47:50 PM EDT
[#18]
Discussion ForumsJump to Quoted PostQuote History
Originally Posted By 9divdoc:
Opened up at 40 now at 75?

I consider it a campaign donation I can get money back out of
View Quote


Yeah I’m going to shell out a few bucks.  It’s worth it to me to hear the wailing and gnashing of teeth of our mutual enemies.
Link Posted: 3/26/2024 2:49:34 PM EDT
[#19]
Discussion ForumsJump to Quoted PostQuote History
Originally Posted By ajacobs:

"company that has racked up tens of millions of dollars in losses since its 2021 launch and generated just over $3 million in revenue during the first nine months of 2023"

if that isn't a meme stock I don't know what is.
View Quote View All Quotes
View All Quotes
Discussion ForumsJump to Quoted PostQuote History
Originally Posted By ajacobs:
Originally Posted By 4thbreak:
The media is already calling it a meme stock.

"company that has racked up tens of millions of dollars in losses since its 2021 launch and generated just over $3 million in revenue during the first nine months of 2023"

if that isn't a meme stock I don't know what is.


I think most people are investing in Trump, not the company.

So it’s not exactly the same as a meme stock (in my mind) which is just a pump and dump.  

In this case, people are just donating to Trump.
Link Posted: 3/26/2024 2:52:11 PM EDT
[Last Edit: Greenhorn] [#20]
I went ahead and bought 20 shares.  I figure it's like a donation, and if it drops I'll barely notice the loss.  Otherwise, I make a donation and keep my value at the same time, so good deal.
Link Posted: 3/26/2024 2:55:24 PM EDT
[#21]
I'll stick to my NFT Trump trading cards, but thanks
Link Posted: 3/26/2024 2:58:10 PM EDT
[#22]
This aged well.

Link Posted: 3/26/2024 3:01:20 PM EDT
[#23]
Link Posted: 3/26/2024 3:01:56 PM EDT
[#24]
New Yoek judge: It's worth $10.
Link Posted: 3/26/2024 3:10:41 PM EDT
[#25]
Discussion ForumsJump to Quoted PostQuote History
Originally Posted By 9divdoc:



also kind of a bellwether for his popularity overall
View Quote View All Quotes
View All Quotes
Discussion ForumsJump to Quoted PostQuote History
Originally Posted By 9divdoc:
Originally Posted By macros73:


They're not wrong, but it'll stick around at least until the election is over. From there it depends on whether Trump wins, or if he loses, how mad his supporters are. Where there's volume, there's advertising dollars.



also kind of a bellwether for his popularity overall


Like GameStop?
Link Posted: 3/26/2024 3:19:26 PM EDT
[Last Edit: lazyengineer] [#26]
Call my cynical, but I don't view this all that different than Hunter Biden "art".  Nobody gives 2 shits about yet another social media start-up.
Link Posted: 3/26/2024 3:20:22 PM EDT
[#27]
Discussion ForumsJump to Quoted PostQuote History
Originally Posted By sitdwnandhngon:
The old pump and dump?
View Quote

right in the dung pile ags fat mouth.       pump it up and dump it in       take it all  dung pile
Link Posted: 3/26/2024 3:23:51 PM EDT
[#28]
Will be interesting to see if anyone holds for 6 months so Trump can cash out.

Link Posted: 3/26/2024 3:24:58 PM EDT
[#29]
all he does is win…… except if they cheat the game and get away with it
Link Posted: 3/26/2024 3:25:33 PM EDT
[#30]
Discussion ForumsJump to Quoted PostQuote History
Originally Posted By FlashHole:
Will be interesting to see if anyone holds for 6 months so Trump can cash out.

View Quote


It would be a real FU if they pumped it up to double by then.

I tried to buy at the initial $40 but it wasn't listed last night.
Link Posted: 3/26/2024 3:28:47 PM EDT
[#31]
Discussion ForumsJump to Quoted PostQuote History
Originally Posted By Bellows1:
New Yoek judge: It's worth $10.
View Quote



LMAO
Link Posted: 3/26/2024 3:32:32 PM EDT
[#32]
Neat way around campaign finance law.
Link Posted: 3/26/2024 3:33:39 PM EDT
[#33]
Nica haul, glad to see it is paying off for him.
Link Posted: 3/26/2024 3:33:57 PM EDT
[#34]
Discussion ForumsJump to Quoted PostQuote History
Originally Posted By FlashHole:
Will be interesting to see if anyone holds for 6 months so Trump can cash out.

View Quote

lol it would be hilarious if all the big players start liquidating in anticipation of him selling his shares and the price going down, creating downward momentum, and by the time he starts selling it's in the toilet.

He can only sell at the price others are willing to buy.  Who will want to pay these prices in September who hasn't already bought in?  And who wants to own stock that the main guy behind the brand isn't interested in holding?

I did see that if he gets enough loyalists on the board they can change the rules so he can sell a little bit before 6 months, but I think it's like 1% of his holdings per quarter or something like that.
Link Posted: 3/26/2024 3:37:28 PM EDT
[#35]
Discussion ForumsJump to Quoted PostQuote History
Originally Posted By lazyengineer:
Call my cynical, but I don't view this all that different than Hunter Biden "art".  Nobody gives 2 shits about yet another social media start-up.
View Quote


The stock prices don't make sense at all.  Wall Street and the home investor buy/sell on emotion.


It doesn't have to make sense, just has to make money.
Link Posted: 3/26/2024 3:41:57 PM EDT
[#36]
I bet the Liberals and never Trumpers heads are exploding right about now.
Link Posted: 3/26/2024 3:44:23 PM EDT
[Last Edit: AdLucem] [#37]
Originally Posted By Firearmsenthusiast:
After going public it took off today and stabilized at about $70 which makes it worth about 13 Billion right now.  Trump's stake is worth close to 6 billion at that price.

Somehow I don't think Trump gives a shit about his itsy-bitsy $465M fine....

https://www.axios.com/2024/03/26/stock-trump-truth-social
View Quote


The Appellate Court reduced the bond to 175 million...
Link Posted: 3/26/2024 3:45:46 PM EDT
[#38]
Link Posted: 3/26/2024 4:34:17 PM EDT
[#39]
Discussion ForumsJump to Quoted PostQuote History
Originally Posted By rob78:


Like GameStop?
View Quote

lol maybe
Link Posted: 3/26/2024 4:36:05 PM EDT
[#40]
Discussion ForumsJump to Quoted PostQuote History
Originally Posted By Keekleberrys:
Never buy an IPO
View Quote


Never get in on the ground floor
Link Posted: 3/26/2024 4:38:21 PM EDT
[#41]
Discussion ForumsJump to Quoted PostQuote History
Originally Posted By ajacobs:

"company that has racked up tens of millions of dollars in losses since its 2021 launch and generated just over $3 million in revenue during the first nine months of 2023"

if that isn't a meme stock I don't know what is.
View Quote View All Quotes
View All Quotes
Discussion ForumsJump to Quoted PostQuote History
Originally Posted By ajacobs:
Originally Posted By 4thbreak:
The media is already calling it a meme stock.

"company that has racked up tens of millions of dollars in losses since its 2021 launch and generated just over $3 million in revenue during the first nine months of 2023"

if that isn't a meme stock I don't know what is.


I've invested in companies that have never shown a profit, that isn't always the best metric for start ups.
Link Posted: 3/26/2024 4:40:06 PM EDT
[#42]
87D chess?

Liberal heads explode?

RINO panties in a wad?

Hahahahaha.
Link Posted: 3/26/2024 4:40:45 PM EDT
[#43]
Link Posted: 3/26/2024 4:42:11 PM EDT
[#44]
Discussion ForumsJump to Quoted PostQuote History
Originally Posted By CMiller:

lol it would be hilarious if all the big players start liquidating in anticipation of him selling his shares and the price going down, creating downward momentum, and by the time he starts selling it's in the toilet.

He can only sell at the price others are willing to buy.  Who will want to pay these prices in September who hasn't already bought in?  And who wants to own stock that the main guy behind the brand isn't interested in holding?

I did see that if he gets enough loyalists on the board they can change the rules so he can sell a little bit before 6 months, but I think it's like 1% of his holdings per quarter or something like that.
View Quote


It will be interesting to see how fast Trump tries to cash out, or if he pulls a Musk and borrows against it instead.
Link Posted: 3/26/2024 4:52:10 PM EDT
[#45]
What many people didn’t realize was that you didn’t have to buy it today.

DWAS was as low as $39 or so ithis month..   Automatically converted 1 for 1 this morning
from DWAS to DJT.
So you could have bought this ahead of time if you did your research.

The day DWAC came out at $10.00 two years ago it was on CNBC all day.

Also DJT was his stock in the 90’s up to the 2004 casino bankruptcy.


Discussion ForumsJump to Quoted PostQuote History
Originally Posted By SuperHeavy:


It would be a real FU if they pumped it up to double by then.

I tried to buy at the initial $40 but it wasn't listed last night.
View Quote View All Quotes
View All Quotes
Discussion ForumsJump to Quoted PostQuote History
Originally Posted By SuperHeavy:
Originally Posted By FlashHole:
Will be interesting to see if anyone holds for 6 months so Trump can cash out.



It would be a real FU if they pumped it up to double by then.

I tried to buy at the initial $40 but it wasn't listed last night.

Link Posted: 3/26/2024 4:59:25 PM EDT
[#46]
Discussion ForumsJump to Quoted PostQuote History
Originally Posted By Keekleberrys:
Never buy an IPO
View Quote

Lost 4 figures learning that one.
Link Posted: 3/26/2024 5:08:20 PM EDT
[Last Edit: lazyengineer] [#47]
Discussion ForumsJump to Quoted PostQuote History
Originally Posted By CMiller:

lol it would be hilarious if all the big players start liquidating in anticipation of him selling his shares and the price going down, creating downward momentum, and by the time he starts selling it's in the toilet.

He can only sell at the price others are willing to buy.  Who will want to pay these prices in September who hasn't already bought in?  And who wants to own stock that the main guy behind the brand isn't interested in holding?

I did see that if he gets enough loyalists on the board they can change the rules so he can sell a little bit before 6 months, but I think it's like 1% of his holdings per quarter or something like that.
View Quote View All Quotes
View All Quotes
Discussion ForumsJump to Quoted PostQuote History
Originally Posted By CMiller:
Originally Posted By FlashHole:
Will be interesting to see if anyone holds for 6 months so Trump can cash out.


lol it would be hilarious if all the big players start liquidating in anticipation of him selling his shares and the price going down, creating downward momentum, and by the time he starts selling it's in the toilet.

He can only sell at the price others are willing to buy.  Who will want to pay these prices in September who hasn't already bought in?  And who wants to own stock that the main guy behind the brand isn't interested in holding?

I did see that if he gets enough loyalists on the board they can change the rules so he can sell a little bit before 6 months, but I think it's like 1% of his holdings per quarter or something like that.

I don't actually hate Trump so much that I'm hoping for that.  

As to who would pay this price in September - people trying to purchase Trump's influence and otherwise general supporters, would be who.  This company has little value that makes no revenue, and is trying to penetrate a satisfied market with a mission statement that is no longer differntiating or relevant. Which is to say, it started when Twitter was just like all of them, as a leftist meddlesome media outlet in a field of nothing but leftist medllesome media outlets.  now that Musk has Twitter / X; that mission statement and differentiation of Truth Social is no longer relevant.  I'm half wondering if Musk saw all this playing out just like this, and that was a bonus FU for him taking over Twitter / X; because him doing so completely fucked Truth Social's entire mission statement.  I see now why Trump sat on his ass for 3 years before IPO'ing it - with the timing being kind of obvious now.

It's only face-value is it will be Trumps exclusive venue for midnight CONFEFFE postings - that's it.   That value alone is next to nothing, becuase his postings will be reposted on X within milli-seconds, so there's no reason for anyone to waste their time getting an account there.

The only other value is basically Hunter Biden "Art".   Which is a value, but of course you need a wink-wink conversation and 6-7 figures of investment for that to actually be worth anything other than disdain sucker status.  I hope for Trumps sake (and all our sake), that no foreign money is going into this IPO premium value sell off - that's not going to be a good look if there's $50MM of Russian money that can be traced into that purchase.  Because that WILL be fuel in the inevitable upcoming witch-hunts.
Link Posted: 3/26/2024 5:10:46 PM EDT
[#48]
Discussion ForumsJump to Quoted PostQuote History
Originally Posted By 4thbreak:
The media is already calling it a meme stock.
View Quote


Given it's only value is Trump being on it, they are right.
Link Posted: 3/26/2024 5:14:10 PM EDT
[Last Edit: warddc] [#49]
I already owned a bunch as DWAC which is now DJT.  I bought i when he created Truth Social figuring this would happen.  
Link Posted: 3/26/2024 5:14:53 PM EDT
[#50]
damnit.. like shitcoins im just interested in it for turning chump change into real bucks.. missed out
Arrow Left Previous Page
Page / 3
Close Join Our Mail List to Stay Up To Date! Win a FREE Membership!

Sign up for the ARFCOM weekly newsletter and be entered to win a free ARFCOM membership. One new winner* is announced every week!

You will receive an email every Friday morning featuring the latest chatter from the hottest topics, breaking news surrounding legislation, as well as exclusive deals only available to ARFCOM email subscribers.


By signing up you agree to our User Agreement. *Must have a registered ARFCOM account to win.
Top Top