Trump Social is a pyramid scheme - people buy lots of shares in something with no real value. Trump sells his 50% following the float, value plummets back to almost nothing again, Trump walks away with billions of the investors cash. Still hard to sympathise with the sort of khunts who will be investing.
It’s a back channel political donation. Everyone whoooping at his fine needs to realise this makes him even more vulnerable to a foreign buyout.
The worst thing is the rich benefactors are being bailed out by relatively poor American “greater fools”. They will be the ones carrying the lifetime savings level loss when the meme is over.
So hyoobert, when you say you 'called this' you actually mean that you repeated reports that were readily available from a number of press outlets - yes?
Will you be 'calling' today that there are probably a number of bodies yet to be discovered underwater near a bridge in Baltimore?
I read that one of his big investors is another social media platform he was going to ban until the founder invested in Truth Social. Definitely some shady dealings involved.
Based on the way he's looking at the moment, I'm not sure that losing pretend money from the stock price dropping is his biggest problem right now - he looks really awful and unwell... Why has his skin gone this colour?
I think the whole thing was a ruse to help him pay his bond. Donors through proxies ramp the asset he can use as collateral. It started selling off 2 days after his bond was cut and he was able to insure it. In between plenty of small time meme mugs will have got badly burned.
Sorry I wasn't clear. The court cut the required collateral down to what I assume was a managable level and likely capable of cover from a level uninsurable and likely to bankrupt him. So the PAC funding share rampers sold off leaving their MAGA acolytes holding a load of worthless shit.
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In other news, lonely elderly troll trolls clumsily
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Going large on Truth Social then, Goatgash?
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How many pull ups so far today mate?
How do you feel about soiling yourself constantly?
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Don't h8 on a playa. U 2 could make it one day (seems doubtful though I concur).
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Poor little hyoobert.
In your head do you think you sound less like a tax lawyer in his 60s when you use your funny made up ‘street’ voice.
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Guess I called this.
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Trump Social is a pyramid scheme - people buy lots of shares in something with no real value. Trump sells his 50% following the float, value plummets back to almost nothing again, Trump walks away with billions of the investors cash. Still hard to sympathise with the sort of khunts who will be investing.
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Sorry - that makes him stupid?
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No, it makes him a khunt
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Trump is going to be a proper millionaire soon, once the NY AG gets the bailiffs rolling.
Having started as a billionaire.
You love to see it. One of history’s biggest losers.
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Guy still smarting at his investment in ‘Hillary’s our gal’ T shirts in 2016.
lol @ laz. The only man to buy a house where subsidence has already taken it half way down a hill.
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T-t-t-t-takedown!!!!
On your boy Trump by the entire US Justice system
your type of rapist politics is dead for twenty centuries, face it
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£10 says he’s gonna get done for securities fraud in the next 5 yrs
(Unless he manages to win and pardon himself)
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there's definitely a scam / fraud going on here. A little laundry being done for sure.
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It’s a back channel political donation. Everyone whoooping at his fine needs to realise this makes him even more vulnerable to a foreign buyout.
The worst thing is the rich benefactors are being bailed out by relatively poor American “greater fools”. They will be the ones carrying the lifetime savings level loss when the meme is over.
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So hyoobert, when you say you 'called this' you actually mean that you repeated reports that were readily available from a number of press outlets - yes?
Will you be 'calling' today that there are probably a number of bodies yet to be discovered underwater near a bridge in Baltimore?
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I'm no banker, but would doubt that the share price would hold up for a period of several months.
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I read that one of his big investors is another social media platform he was going to ban until the founder invested in Truth Social. Definitely some shady dealings involved.
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Did you go large?
Do tell us when you are selling.
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Oh dear how sad never mind.
https://edition.cnn.com/2024/04/01/media/truth-social-trump-media-stock-losses/index.html
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FAKE NEWS!!1!1!!!!!!11!
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Heh down 10% within minutes of trading opening today 🤣
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the people who were going to make money from this stock, have made their money and moved on. It's the small dollar people who lose
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Down to 33 bucks now and falling every day.
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Funny how poor little hyoobert never managed to get round to quantifying the size or timing of his investment in this one.
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One of your better 'calls' I admit. Down just the 50% since you posted this.
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Some short this !!!
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Based on the way he's looking at the moment, I'm not sure that losing pretend money from the stock price dropping is his biggest problem right now - he looks really awful and unwell... Why has his skin gone this colour?
https://eu.usatoday.com/story/news/politics/elections/2024/04/10/trump-federal-abortion-ban-arizona-decision/73277399007/
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Just hope he makes it to election day.
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Down 10% in four minutes 😄
HOOK IT TO MY VEINS
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www.forbes.com/sites/johntobey/2024/04/12/sell-trump-media this guy isnt pulling any punches.
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16% down today and it isn't even lunchtime in NY.
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Let's check in on the performance of DJT today...
...Down 14%
This stock is the NASDAQ equivalent of Liz Truss.
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Down 70% from its all-time high
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I think the whole thing was a ruse to help him pay his bond. Donors through proxies ramp the asset he can use as collateral. It started selling off 2 days after his bond was cut and he was able to insure it. In between plenty of small time meme mugs will have got badly burned.
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Bond hasn’t been accepted yet.
Hearing on that on the 22nd
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But I don’t disagree with your opinion as to the purpose of the stock.
It’s a way for his proxies to fund him.
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Sorry I wasn't clear. The court cut the required collateral down to what I assume was a managable level and likely capable of cover from a level uninsurable and likely to bankrupt him. So the PAC funding share rampers sold off leaving their MAGA acolytes holding a load of worthless shit.
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