Stupid people, who bought DJT, should not get any sleep. 'Not going to be able to sleep tonight': Truth Social boosters panicking as stock plummets https://www.rawstory.com/truth-social-stock-2667762231/
The stupid MAGA Truth Social investors are so sad. Truth Social Investors Try to Keep Hope Alive as Stock Tanks But some are holding out hope that Donald Trump’s hyping of the company means better days are ahead. https://www.thedailybeast.com/truth-social-investors-try-to-keep-hope-alive-as-stock-tanks
This is what happens when you watch Fox instead of 'real news' channels.... Trump pumped the stock , proof that he doesn't give a shit if his cult lost everything they owned. 'Every time I buy more, the price drops more': Truth Social backers baffled by stock woes Small-time investors who took the leap and bought stock in Trump Media & Technology Group appear to be coming to the realization that they should hang onto their day jobs as the value of shares in the company behind Truth Social spirals downward with one disappointed MAGA fan lamenting, " When will it be the BOTTOM!!!" As the Washington Post's Drew Harwell is reporting, "... for some Trump investors, the stock is a badge of honor — a way to show their devotion beyond buying Trump. One user who had posted 'Tired of WINNING yet?' earlier this year when the stock spiked posted that this week’s losses were 'painful to stomach.'" Case in point, the report notes is user @manofpeace123, "who said they bought shares at $65 and that 71 percent of their portfolio was DJT stock, said on Wednesday that investing was a way of telling Trump, 'I believe in you and I stand with you through good times and bad.' But a day later, the user added: 'can’t help but feel sad. … feel like I’m trying to catch a falling knife.'" Commenter @bill7718, who wondered where the bottom for the stock resides, complained, "Come on DJT, every time I buy more, the price drops more." Others have blamed the collapse of the stock on the "deep state," but another supporter of Donald Trump expressed skepticism. “'I’m tired of blaming the deep state,' he said.
Enjoy your Monday morning coffee by watching DJT stock further swirl right down the toilet. Remember to play the world's smallest violin for the MAGA idiots who bought DJT stock. Small-time investors in Trump’s Truth Social reckon with stock collapse https://www.yahoo.com/lifestyle/small-time-investors-trump-truth-185507366.html
Going down the flusher. Trump Media shares plunge more than 15% after company files to issue additional DJT stock https://www.cnbc.com/2024/04/15/tru...pany-files-to-issue-additional-djt-stock.html
You guys realize it is the investor that loses money on DJT while Trump still profits because the way his share ownership is setup involves the "average price" that's written in fine print in the company's prospectus. Simply, the first traded price I believe is $12.40 and he still profits until it drops below the level of $12.40 but he's not able to sell a single share for 6 months. Plenty of time for him to do something stupid and get into trouble with the SEC and/or the stock price continues to decline below the opening price of the $12.40 threshold. Politicians and stocks...never trusted them because they're most likely the ones "shorting" the stocks because they know it's a piece of crap. Now offer more shares...it will result in more shares to short. Too many people think about that GameStop stock...you know where the retail traders beat the billionaire investors who were Shorting. The difference here is that Trump has 4 criminal trials to navigate along with the Middle East heating up now that Iran is shooting missiles at Israel. Not good for the overall market and not good for Trump considering he'll most likely obtain a few felony convictions in the other criminal trials but maybe not this Hush Money trial...all of this on top of the Inflation issue. What''s that saying? “Fool me once, shame on you. Fool me twice, shame on me,” #manipulation #suckerinvestor wrbtrader