Trump this.

[rareboy]

As I noted above...on realtively small lots...the Trumplings seem to be trying to keep it afloat above 50 bucks.

Total meme stock.

 

[NotHardUp1]

His chances at influencing a state court would be better if the state was in a more southern climate but NY isn’t going to like DC telling it what to do. Also you, and most of us, are focusing on the money should he win Trump will Demand that his sons be allowed to conduct business in NY again so they can run his companies. I don’t see that happening and he’ll never shut up about it.

Oh, don't be so gloomy. He'll die at some point.

 

[rareboy]

 

[rareboy]

At 4pm today, there was a dump of 174K shares...still at $48.71, but someone(s) certainly wanted their money out and didn't see it climbing back over $50 today.

Volume was about half of yesterday...and a lot of it was selling.

 

[TX-Beau]

At 4pm today, there was a dump of 174K shares...still at $48.71, but someone(s) certainly wanted their money out and didn't see it climbing back over $50 today.

Volume was about half of yesterday...and a lot of it was selling.

It may be that Toad is just too stupid to pull off securities fraud.

 

[rareboy]

This is probably wildly premature because the sharks and vultures are going to pick the bones clean on this before it is done and done....but ....



I realize the best way to bring this motherfucker down would be for me to buy shares. It is sure to go to zero.
.....

 

[rareboy]

Of course we all knew it.

Truth Social has been getting bailed out by the rrrzzzianz in the run-up to going public. I imagine it is the guy who probably got shares in exchange for the loan who us now dumping them like mad before it runs out of steam.

Donald Trump’s social media company Trump Media managed to go public last week only after it had been kept afloat in 2022 by emergency loans provided in part by a Russian-American businessman under scrutiny in a federal insider-trading and money-laundering investigation.

Exclusive: Trump Media saved in 2022 by Russian-American under criminal investigation

Trump’s social media company went public relying partly on loans from trust managed by person of interest to prosecutors

www.theguardian.com

And two of the likely many people who did it have been convicted of insider trading.

Florida venture capitalist Michael Shvartsman and his brother Gerald Shvartsman pleaded guilty on Wednesday to participating in an insider trading scheme linked to the blockbuster deal that brought former President Donald Trump’s social media business public.

Each of the brothers pleaded guilty in New York to one count of securities fraud, which carries a maximum sentence of 20 years in prison, according to federal prosecutors.

https://www.cnn.com/2024/04/03/business/trump-truth-social-insider-trading/index.html

Everything Trump touches is dirty.

 

[rareboy]

 

[rareboy]

 

[rareboy]

 

[KaraBulut]

"Why are you even talking about this? It's a scam!"

 

[rareboy]

It is below 46 bucks in pre-trading today....the next base the cons will seek will be $45, hoping there's enough steam left to get the last suckers to buy their shares and make a killing.

Less than 5 million shares moved yesterday, with a lot of that on the selling side in larger lots, indicating that the mania for the stock is over.

 

[rareboy]

And it isn't the shorts who are driving the price at a this point as the stock opens at $44.80...

Why shorting Trump’s DJT stock could cost you a 500% fee

Shares of Trump Media Technology Group Corp. have fallen since they began trading last week with former President Donald Trump’s initials as the ticker — but don’t blame short sellers for any further weakness.

finance.yahoo.com

 

[rareboy]

 

[KaraBulut]

Something weird I noticed today. Trump did a rally in Green Bay Wisconsin last week.

This is the picture that was posted on the Donald Trump campaign Facebook page:

This was a press photo of the event:



And here's a video:

Trump holds campaign rally in downtown Green Bay

Trump holds campaign rally in downtown Green Bay

www.wbay.com

I've seen more people at an Indigo Girls concert.

It looks to me like the Trump campaign posted a picture of a different, much bigger rally than the one in GreenBay?

 

[KaraBulut]

Another website noticed the crowd size discrepancy....


View attachment LIVE Donald Trump holds MAGA rally in Wisconsin-720p.mp4

It's 7 years later and Trump is STILL lying about crowd sizes at his little rallies.

 

[rareboy]

Weird how the two don't align....didn't he also do a rally in Michigan on the same day?

Meanwhile the downward drift continues today...having broken the barrier of trading below $45....with nothing but thin trades currently keeping it above $42.

The lower it slides, of course, the more that a 10%+ drop becomes a news item, further dampening sales of shares to the gullible.

Mark my words, Trump is going to try to figure out a way to gradually cash out without tipping off the marks. I was wondering if he can simply transfer shares to a third party? And they could sell them off before it goes to zero?

 

[KaraBulut]

Weird how the two don't align....didn't he also do a rally in Michigan on the same day?

The Facebook picture says, "Thank you Wisconsin" but conveniently doesn't say, "This is a picture from the 2024 rally". That could be from a 2020 or 2022 rally, I suppose. Deception. Again.

Meanwhile the downward drift continues today...having broken the barrier of trading below $45....with nothing but thin trades currently keeping it above $42...

I am reminded of an interview of a Trump Rally attendee a couple months back where the interviewer asks the attendee about whether he's bought merch. The attendee mentions that he bought NFTs and Bitcoin from Trump- invested a lot of his savings in them- and that he was totally underwater on his investment but was afraid to sell and take the loss.

 

[rareboy]

That's what the Con is all about....cult members unwilling to cash out until it is all gone.

I did with Nortel....a Canadian telco that was thought infallible...in the end I rode it all the way down. Never became emotionally attached to stocks since....but Trump has a special group of suckers...who made the early sellers after it was listed, rich last week or so.

Now half the shareholders are waiting for a dead cat bounce to bail and the others have probably reconciled themselves to losing their investment thinking that it somehow helps Trump with his legal bills and they can write off the loss.

 

[rareboy]

And the week didn't end well $40.58....skirting the next bottoming out below $40 next week.

It was also on 5.6 million shares traded, more sellers than buyers at this price. But I would note that if someone is selling 100K shares at $40 a share...they are walking away with some nice spare change....just so glad it is not Trump