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U.S. Presidential Election


FloorFiller
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"However, if the stock can hold above the $17.50 mark, Trump and insiders would be in line to get an additional 40 million shares to divvy up" 

 

https://www.bloomberg.com/news/articles/2024-04-15/trump-media-plunges-after-registering-shares-warrants-for-sale?embedded-checkout=true

 

Even though there are a limited number of shares that can be traded currently (which limits people betting against it to quite a degree - short selling) and it's still vastly overvalued compared to the turnover of the business, it's currently down to 22$.  I'm intrigued to see what happens if it goes below the value bloomberg quote. 

 

https://finance.yahoo.com/quote/DJT

 

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31 minutes ago, clarkete said:

"However, if the stock can hold above the $17.50 mark, Trump and insiders would be in line to get an additional 40 million shares to divvy up" 

 

https://www.bloomberg.com/news/articles/2024-04-15/trump-media-plunges-after-registering-shares-warrants-for-sale?embedded-checkout=true

 

Even though there are a limited number of shares that can be traded currently (which limits people betting against it to quite a degree - short selling) and it's still vastly overvalued compared to the turnover of the business, it's currently down to 22$.  I'm intrigued to see what happens if it goes below the value bloomberg quote. 

 

https://finance.yahoo.com/quote/DJT

 

 

sad

 

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13 hours ago, clarkete said:

"However, if the stock can hold above the $17.50 mark, Trump and insiders would be in line to get an additional 40 million shares to divvy up" 

 

https://www.bloomberg.com/news/articles/2024-04-15/trump-media-plunges-after-registering-shares-warrants-for-sale?embedded-checkout=true

 

Even though there are a limited number of shares that can be traded currently (which limits people betting against it to quite a degree - short selling) and it's still vastly overvalued compared to the turnover of the business, it's currently down to 22$.  I'm intrigued to see what happens if it goes below the value bloomberg quote. 

 

https://finance.yahoo.com/quote/DJT

 

cant see it being a hot stock, trump is too distracted to run it well enough to make a profit. - if musk/x/twitter is struggling, trump will always be doing worse.

Edited by Neil
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  • 2 weeks later...

Wonder if Trump getting to go along to the F1 race in Miami yesterday, a tour of one of the team's garages and getting to shout campaign lines at sycophants is either a poor reflection on F1 for thinking this was a good idea or consistent with the sport's history, given they previously had Putin present the winning driver of Russian races the trophy (or indeed the litany of other dictators who've got in the sport over the years).

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  • 2 weeks later...

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