Oh, the short sellers are going to be big mad, even hurt, as the shares of President Trump’s media stock [Digital World Acquisition Corp] skyrocket in early trading.
On the first day of public trading the DWAC stocks, which trade under NASDAQ id “DJT”, opened at $49.95 and investors quickly began purchasing, pushing the stock value to the $70 range as of this writing.
President Trump holds a near 60% of the DJT company stock, so his wealth on paper jumps BIGLY.
It really should not be that much of a surprise (unless you are a committed leftist who believe they are in the majority) to see the stock quickly gain support. Many people, me included, have noted the background data -hidden by most media discussion- always reflected the pragmatic MAGA movement is the majority view. There are far more of us than them, they just control the optics.
It must be painful for NBC to report on these results. lol
(NBC) – Former President Donald Trump’s social media company got off to a quick start in its stock market debut Tuesday.
Shares of Trump Media & Technology Group, the parent company of Truth Social, shot up more than 50% in its first minutes of trading. The quick move triggered a trading halt of five minutes, which exchanges use to put a check on volatile stock moves.
Shares cooled slightly after trading resumed. The stock was up about 40% on the day as of an hour into trading.
Shareholders in shell company Digital World Acquisition Corp. voted Friday to approve a merger with Trump’s social media company. The long-expected deal effectively took Trump Media & Technology Group into the public market, allowing people to easily buy and sell its stock.
The stock, which now trades under the ticker DJT on the Nasdaq exchange, is being closely watched in large part because its fortunes could have a major impact on Trump’s strained finances. The former president’s net worth, at least on paper, is now at over $6 billion, according to Bloomberg. (read more)
You can follow the stock shift HERE.
Congratulations to Truth Social’s Devin Nunes who worked exceptionally hard to achieve this outcome.
MAGA!
I haz smile.
.
I know it can be overwhelming at times to find optimism against all of this corruption, but the choice of joy is ours.
Every time you enjoy your day, you are winning. Every time to do not let them steal your peace of mind, you defeat them. Every time you embrace the simple joys of the sun on your face or the breeze upon you, and you do it with gratitude and genuine thankfulness for this blessed life we are able to live, you defeat every element of darkness that would whisper on your shoulder.
Ultimately, this is what living your best life is about. Life is about choices. Choose to be happy, make a conscious effort to cherish and appreciate the people around you. Give that starter smile; if you have the time – give up your place in line to someone who doesn’t; open the door, help your neighbor, do something random and useful and good, and do it as much as you can.
Find a way to generate and express grace, even in the face of hate and bitterness. Be wise, perhaps cynical, and be strategic. Be cautious and yet do not allow coarseness to become your center of gravity.
In the face of all adversity and disenchantment, keep peace within yourself. Live with the joy our loving God provides and fearlessly live your best life.
Love to all,
~ Sundance
TDS TRIGGER ‘fer’ sure!
Trump To Own Nearly 80 Million ‘DJT’ Shares – Here’s What Price Makes Him The World’s First Trillionaire
https://www.zerohedge.com/political/trump-own-nearly-80-million-djt-shares-heres-what-price-makes-him-worlds-first
“So as a fun thought experiment (why not?), what price does $DJT need to hit to make Trump the world’s first (documented) trillionaire?
$1 trillion / 78,750,000 shares = $12,700
So, just $12,635 or so to go!”
Well. It is “a fun thought experiment (why not?)”.
Well it closed at $60. Who knows where it will be when they can exercise their options.
Since the site is reportedly losing money I’d short it except that I’m not doing that to President Trump. I hope it holds so he can laugh at the fools who’ve been trying to destroy him.
If current price holds Nunes will make close to 7 million! What a deal!
Good for Devin. He earned it.
still my pick for VP.
I would not have any problem if he is willing.
Herein lies the issue.
Do not try to catch a falling knife.
Barrons will do a hit piece on Saturday, and all of the Wall Street short enemies will chime in on Monday.
Not saying that will work this time, but it worked last time.
Success is the best revenge…small wins leading to a massive November win. God willing.
-snip-
“
I gave Donald free rein,’’ Fred Trump explained later.
He has great vision and everything he touches seems to turn to gold. … Donald is the smartest person I know.’’
“Donald credited much of his success to his father’s example.”
AP News
🙂
Wow – this is the first time I heard this quote! That in itself is just wrong, how all msm on the right and the left bury any good that Trump did in the past. They all call him a reality show guy. Thank you for this quote. Because right and left msm never even mention Fred Trump’s name. All we hear about is his hater cousin.
A father knows. Some have come close but no one of this caliber has ever entered the political area and turned it upside down like Trump has. Not one move in their playbook has worked with this extraordinary human being.
He’s not just a man, he’s a movement!
That’s funny!
Hunter is the smartest person Joe know’s.
The difference is that Bidet has spent his life around govt grifters while PDT has been around a bunch of business people and people with real jobs.
And Joe uses OPM where there is less concern for “loss”…where….Business is in business, to make money.
No doubt about that!
🤮
It takes one to know one?
So did FJB steal the words of Fred Trump and apply them to his own loser son?
Considering Joey Two Scoop’s history of plagiarism, there’s a thought.
Speaking of Truth:
Donald J. Trump
@realDonaldTrump
Judge Juan Merchan, a very distinguished looking man, is nevertheless a true and certified Trump Hater who suffers from a very serious case of Trump Derangement Syndrome.
In other words, he hates me!
His daughter is a senior executive at a Super Liberal Democrat firm that works for Adam “Shifty” Schiff, the Democrat National Committee, (Dem)Senate Majority PAC, and even Crooked Joe Biden.
He was recently the judge on an unrelated trial of a long term employee, elderly and not in good health.
-This judge treated him viciously, telling him either you cooperate or I’m putting you in jail for 15 years.
He pled, and went to jail for very minor offenses, highly unusual, served 4 months in Rikers, and now they are after him again, this time for allegedly lying (doesn’t look like a lie to me!), and they threatened him again with 15 years if he doesn’t say something bad about “TRUMP.”
He is devastated and scared!
These COUNTRY DESTROYING SCOUNDRELS & THUGS HAVE NO CASE AGAINST ME. WITCH HUNT!
I pray that some day these thugs get what’s coming to them
They will but we may not be around to see it or it will happen when they pass away and meet their Maker.
There is simply NO WAY that our earthly systems for dispensing Justice, can come anywhere NEAR balancing the scales, or making humanity whole, for the ‘crimes against humanity’ they have perpetrated thus far, let alone those yet to come.Someone murders another, an “eye for an eye” they are executed,…
Someone murders a million innocents,…you can only execute them once.
The # of miscreants, and the # of victims, far surpasses any earthly system,..and so we must rely on God to judge them,…all we can do is facillitate an introduction.
I pray they rot in hell, they’re unjust, despicable, Godless, trash, as only evil people bear false witness against others. Period.
But that’s just me.
For what a man sows that shall he also reap
You’d think Judge Juan would have more important crime to fight…
NYPD 2023 Crime Report: Non-Whites Suspects In 96.5% Of Homicides And 97.8% Of Shootings—
The race/ethnicity of known Murder and Non-Negligent Manslaughter suspects mirrors the victim population with Black (57.0%) and Hispanic (36.3%) suspects accounting for the majority of suspects. White suspects account for (3.5%) of all Murder and Non-Negligent Manslaughter suspects while Asian/Pacific Islander account for (3.2%) Murder and Non-Negligent Manslaughter suspects.
The Murder and Non-Negligent Manslaughter arrest population is similarly distributed. Black arrestees (61.2%) and Hispanic arrestees (29.5%) account for the majority of Murder and Non-Negligent Manslaughter arrestees while Asian/Pacific Islander arrestees (4.6%) and White (3.3%) arrestees account for the remaining portions of the Murder and Non-Negligent Manslaughter arrest population.
(The crime statistics in New York over the past 40 years are absolutely no different than these!)
https://vdare.com/posts/nypd-2023-report-non-whites-suspects-in-96-5-of-homicides-and-97-8-of-shootings-nyc-is-32-white?scroll_to_paragraph=1
I actually read the S-4 registration statement (which I posted links to on CTH over the weekend). While the 60% ownership stake has been widely reported, President Trump’s final stake after all of the DWAC conversions have happened can range from 58% to over 70% (details in the S-4). So his final stake could be approximately 10% higher than the reported 60%, depending on how the conversions go.
There are other interesting and salient points in the S-4 document but I’m not going to post many f them on here since I do not want to give DJT’s enemies anything to grab on to. Let them do their own work and read it for themselves. Which won’t happen, of course, leftists being sheep with few original ideas.
Forgot to add that the S-4 details the compensation of the DJT / TMTG executives including Devin Nunes. Mr Nunes is being compensated handsomely for his role at TMTG. Congratulations to Devin Nunes.
Thank you for sharing this. I’m hugely pleased to know it, and to say he’s earned it is an understatement.
IDK , Do you think it can withstand the Letifa /Bragg/ Lawfare tag team microscopic review going on as we speak ( you never know what colonial era law they may come up with ) so PDJT can avoid being indicted for stock fraud on Thursday ? (S/)
On a more serious note do you think they’ll pull that old “shareholder derivative suit “ play on behalf of some “straw i/innocent” stockholders ?
Don’t borrow trouble. You sound as if you want you scenario to happen, NYCjoe. Hmmmm.
Please let’s not get paranoid – sometimes better to be alert than asleep – Been around the block a few times , so not surprised by other sides low moves ..( I probably bought more shares than you…just an observation – )
Feeling a little like a child joe? ” I probably bought more shares than you”
That was weak, really weak joe. Just sayin.
Oh yea my shares are bigger than your shares
They will pull anything they can out of their dumb asses in order to get Trump. He knows his enemy, he’s ten steps ahead of them.
True – look at the cases of Latifa and Bragg – those fit your characterization =and the others as well –
Have you seen the Bolshevik they have in charge of the SEC? OMG!
🙂
Just thinking major game stop scenario. After Trump wins in November he picks a time when there is high short interest then tells his supporters to buy the stock all at once . Then he Pardons himself
Pardon himself for what?
Trump is not running any of that. That is why he hired Devin Nunes.
Maybe he will sell it to the CIA at a huge profit. Sweet revenge.
Or, how about all those “pension managers” in blue states cannot ignore it as part of the pension portfolio???
That would be sweet revenge with a cherry on top!
Be cautious and yet do not allow coarseness to become your center of gravity. – Sundance
Sometimes I have been very coarse in my posts. I find I’m swearing like a Sailor which I never did much of before. When I read posts here about Covid, mRNA shots, the absurd Lawfare suits against President Trump, that Joe Biden is President against our will and vote all of it triggers my coarseness, cynicism, hate and bitterness!!! I’m going to have to work on shifting my “center of gravity” more towards grace! But it’s going to be a struggle! God help me! Hosanna!! Godspeed Sundance!!!
Bubby on more than one occasion I have decided to not hit SEND when replying on this site to much respect for Sundance and my fellow treepers . always good to take a second and really read your post before you hit send . be well Bubby and have a great day
You are not alone! There’s just so much anyone can take. We all need more grace as we are bombarded with wave after wave of evil.
Bubby, you recognize that you have to shift your center of gravity…..that is a HUGE WIN for you! God Bless
Laughter I have found changes my mood…I look for opportunities to laugh. If none exist, I make them… you have no idea what it does to your mood skipping through the work place or a store… heck… when you see a person with their arms full, ask them for change and watch what happens… when you see a cashier counting, start belting random numbers out and see what happens… when you cash a check, ask for offbeat amounts like a stack of dollar bills or quarters…
It’s hard to shift back to who we were. This communist coup has been in the making for at least 50 yrs. They have abandoned the soft kill and are going full steam ahead because of Trump, making a lot of mistakes along the way.
Our country and our culture are being dismantled right in front of our eyes. We have a right to be furious.
I find as time goes on I get calmer. The gear cubby is developing nicely. My lawyer is shaving thousands off on the economic warfare front. I’m pondering more sand in the machinery at zero dark thirty every night with a smile on my face. All those decades of helping build America can be reimagined for other uses 🙂
Now it’s time to make the old body ache with the difficult part, the physical training. Instead of buying shares today, I ordered body armor. Good training aid; load that old body down. God bless freedom and the wonderful gentle readers of the Treehouse 🙂
Bubby, If you sat most of those TDS sufferers, at a state banquet table, they would not know which fork to use first. Or which goblet was for water and which for wine.
I too have lost my sense of graciousness…and Miss Manners never touched on how to reclaim it.
I am a cranky old lady and have been abused almost all my life and was married to a sailor…I earned the right!!!
Having that right does not mean I should do it though…so I will pray for you and will you pray for me???
I’m becoming a cranky old man and I’m trying to stop that! Yes of course I will pray for you Aggiegirl! I will pray that the Lord will give you the fruit of the Holy Spirit: love, joy, peace, patience, kindness, goodness, faithfulness, gentleness and self control! With those your crankiness will diminish! Keep the Faith! Godspeed Aggiegirl!
Miss Manners in 2024!?
She’d turn over in her grave.
Manners? How antiquated!
My comment below is for you too, Aggiegirl – have courage & know that healing is possible, it exists & is accessible from outside the box.
It’s for everyone who feels near wits end, even once & a while.
Blessings All.
What’s being done is deliberately meant to provoke us and all sane people; to drive us downward into the low-emotional-life-level of thoughtless, mindless violence the usurpers will find easiest to subdue us with.
Somewhere Bubby, long long ago, injustice has cut deep and has never been resolved; voice of recognition-from-experience here. Most people have something unresolved that triggers near-or completely- unavoidable negative feelings. The only thing we can Truly control in life is our inner state of being – it totally sucks when we can’t even do that bit as we wish to or need to.
This works like a miracle… neutralizes negative feelings (triggers fall flat & evaporate) – this can “shift” your “center of gravity” at the core level… that’s a very great analogy for what this does, in fact has done for me & others who use this process… so I’m offering it because you asked God for that result (and I work for God whenever I can)… this is an effective and efficient way for many many people of accomplishing what you asked for
{ https://emofree.com/english/eft-tapping-tutorial-en.html }
Practice this ’emotional processing’ technique according to the instructions… *Be specific & be persistent*… there is a small learning curve; if you’re serious about changing how you feel at the core level… just recognize & resist the urge to ‘give up because it’s not working’ or doesn’t seem to be *yet* – it’s bringing up, which may feel initially like intensifying/worsening rather than erasing, all that has been buried so it can be addressed & neutralized… which might be some, or a ton (everyone’s invisible load is different) of unresolved discordant/intense feelings.
Triggers are anchored by old unresolved memories/events/grief/trauma that we have previously had no way of neutralizing, Negative-charge-imprints on the nervous system, so we buried it all – a load of which collectively hobbles one’s ’emotional resilience/ immune system’; our emotional resistance is lowered by an invisible load of unresolved dissonance/negative imprints.
The analogy of a ‘hoarder’s house’ is a good one for some people, the ones who live in negative-emotion-overwhelm; “Karens” & “road-ragers” come to mind… also violent criminals, etc.; people without coping skills/unable to cope in harmony with life, live in an internal hoarder-house of unresolved negative emotion… they are the visible, extreme example.
**I’m not saying that’s you** – it’s a spectrum because everyone’s number of traumatizing events & experiences is as unique as everyone’s innate capacity for finding & maintaining balance; also what’s traumatizing for one person is effectively processed & handled by others.
Be ready willing able & eager to recall the earliest memories of events & experiences (that made you feel then the way you feel now; loss of harmony, balance, & safety) for the greatest/most efficient beneficial effects with this process. Anchors/motivators are rarely connected by logical perspective – it rarely ‘makes sense’ outside of emotional-level subjective experience; today’s feelings are always crystal clear & congruent in that context… “abreactions” aka re-activated negative emotional patterns show up when causal reminders/’triggers’/cues appear to re-activate them.
Cues to recognize & heal what is unresolved are best regarded as mirrors that reflect deeper innate Truths, rather than ‘infuriating enemies to be opposed, resisted, &/or fought; to smash the mirror doesn’t negate or eliminate that which is being reflected.
Processing current events & feelings with this practice is beneficial and an OK place to start… and just know that, possibly, it’s only addressing some surface/outer/superficial/ancillary “issues” of a deeper pattern… the anchoring & emotional-driver issues may be much deeper (older; core level sometimes) than observations triggering today’s negative feelings; which can be/likely will be exhumed into current awareness. For those who experienced constant hostility & lack of safety (complex trauma) during development, the intensity can be surprising.
Example: processing the traumatizing experience of a one-off fender-bender-car-crash neutralizes the trauma and makes driving comfortable again; processing the deeper issue(s) underlying a multiple-car-crash-life experience will make it possible to neutralize & stop that pattern from repeating.
Early injustice experience are being triggered in people now – deliberately by the usurpers, I might add; targeting babies/children causes them to be weaker – triggerable – adults. We’ve been negatively (emotionally & intellectually) manipulated & programmed for a very long time -environmental/chemical toxicity since the 1930s, TV since the 1950s, etc.
There is a book titled “Feelings Buried Alive Never Die” – the title itself is worth the price of the book, which is not new.
I did shift my own center of gravity significantly & permanently;
I was a deeply pessimistic individual – I carried core-level dread from very early/Primal Period (and ongoing subsequent) trauma… and because the only constant in life is change, constant small & large changes triggered constant dreading – of the Nature of life itself at my core level -which magnetized more trauma (frequency-wise, “That which is like unto itself is drawn”; Tesla & Einstein taught about frequency matching/resonance causing effects). This gave me the result of a deeply painful existence in my experience.
Because I 1) was Divinely guided to explore outside-the-box remedial/healing methods, and 2) determined to use whatever worked for me diligently, I’m out from under it – I learned why I was caught in an emotional-negativity loop programme, who/what/where/when/why & how it was created, why & how it was creating more of the same results in/from life (polarity reversal), and how to neutralize the cause/programme. The cause was invisible to everyone I knew – myself included – because it originated at the beginning & set my emotional life trajectory. Trauma resolution is needed widely, which is widely unrecognized.
Sunlight on it was required to recognize it, & processing/neutralizing nervous system imprints/negative charges was required to change it… and there is no better trauma-resolution, trajectory-recalibration Sunlight than this processing technique in the above linked tutorial. It doesn’t matter the depth of the cause or the degree of recalibration required.
We all need our strength & wits about us to win this war.
“If you know the enemy and know yourself, you need not fear the result of a hundred battles. If you know yourself but not the enemy, for every victory gained you will also suffer defeat. If you know neither the enemy nor yourself, you will succumb in every battle.” ~ ST
The point is that we all have the option to be deliberate about knowing ourselves better and processing & healing wounds from whatever has been/is being inflicted (the Godless usurpers are well known to be amoral & without scruples in this unrestricted, Spiritual war). Those things we’re told are incurable- by the usurpers, in fact – or we’re assured we just have to live with for the rest of our lives because ‘there’s just no cure for that weakness’… are definitely curable-from-within.
God helps those who help themselves.
Offered in the Spirit of desiring the Best Possible Outcome for US/us all.
Question: It says that the stock DJT is traded at the Nasdaq exchange. Nasdaq is located in NYC. Does that mean that the stock is under the jurisdiction of NYS or has DJT been able to “outsorce” outside NYS?
TMTG is headquartered in Sarasota, FL. The state of NY has no jurisdiction over the TMTG corporation.
Excellent! Thanks.
Let the good times roll.
I haz a smile too! I never sold DWAC for over 2+ years and at 9:26 am I bought a bunch more DJT. I always knew he’d succeed. Thank you to Devin. It’s a good day. A very good day!!
It has been a very good day, MC!
Me too!
😎
😎
I held my DWAC through all the beat downs it took. But today is a great day! So happy for Devin Nunes! He has earned every penny of his payday. He’s been a stalwart MAGA / Trump patriot from day one. He also gives total credit to PDJT for the success of Truth Social.
Totally agree Calbear. Deven Nunes took a beating for POTUS & Patriots and perserved onto victory.
Course, he had the best business partner one could have. They deserve all the financial gain and kudos they deserve. Timing before the big bond is due couldn’t be better, not that POTUS can cash in but Forbes put him on the top 500 richest people list. I can’t stop smiling!!
I absolutely LOVE this!
Shucks I just sent DJT a nice fat check.
That’s profit enough for me if it helps him!
When he becomes president again, I wonder if he has to divest himself of those shares, since the lefties will be claiming his every policy move to be emoluments resulting in higher prices for $DJT?
Yes
Wrong.
I remember the attack on PDJT over that topic (his wealth) in 2016-onward. IIRC, assets like stocks go in a blind trust, yes?
Ah, yes, ETA I see your answer below. Glad I remembered that part correctly. I’m working on an irrevocable trust right now giving some of my assets away. Money can be a cruel master. 🙂
Or….he could just put Nutsy and Paul Pelosi in charge of his portfolio. Instant gratification.
No. Prior precedent set by earlier Presidents with substantial wealth (including DJT 45) is to have the investments managed by a trust which the President has no control over during his term as President.
This insulates a President from any charge that he is proposing policies which would benefit him personally (unlike, for example, members of Congress such as N Pelosi who routinely trade stocks on insider information they come across which is illegal for the rest of us peons but legal for members of Congress).
It’s too darn bad this wasn’t in effect for Nanny Pelosi and all the other democrats who got wealthy on insider trading.
Unless you are sleeping with Xi. Then the profits you make as president don’t matter.
It’s funny.As I was doing housework and thinking about all this,I had to laugh at myself for thinking,God,just give him the money. Funny,as you know,I am just a regular person,he is already rich,,:-)
But I meant it,and said it more than once.God just give him the money.
Nothing they do,can go against what God has done…
Allthough there is Proverbs 30:8-9
Remove far from me vanity and lies: give me neither poverty nor riches; feed me with food convenient for me:
Lest I be full, and deny thee, and say, Who is the LORD? or lest I be poor, and steal, and take the name of my God in vain.
I was praying hard Sunday night for PDJT and his family. God is great, indeed.
Oh yes, because all of leftist ankle biters have been reporting since last week how much money trump was going to lose on this merger. This is such great news for Trump! It’s just a shame, that along with the democrats being angry about this, we seem to have quite a few Benedit Arnolds in the GOP house and senate who will be angry too. Trump always has had to fight both parties, and now with him on top, the GOP traitors don’t even care about their image now. All of them are showing what they really are. It’s really just us MAGA the majority of America and others joining to Trump now and Trump who are really for America. The congress is our enemy..
Both parties?
I believe there is just a the one.
Millions and millions of Trump voters and supporters, yet he has less than 7 million followers on Truth Social.
Where is everyone?
twitter pulled them back in.
Trump is not on Twitter.
And MAGA tends to avoid social media. Not all, but many.
Im not talking about Trump, your comment referred to “Trump voters and supporters” You only need to go back and read the comments on the many many posts here on this platform promoting Musk as a hero to know who Im referring to.
Con Inc. has been portraying Musk as a Free Speech warrior ever since he became the face of Twitter.
.
==============================================================
.
Its still a Magic Coffee Shop Jack.
Some of us, do not have Social Media accounts
Yup, last time I had anything close to social media was on ICQ back in the 90’s. That presumes venues such as this with relatively anonymous personal accounts are not considered social media.
Closest I came to social media was my business being listed with Dun and Bradstreet. I kinda lulz at that.
Some didn’t sign up yet. Maybe they will now.
Does my heart good😎😎😎😎😎
I would say that this is just compensation for all the B.S. thay have put him through . very very happy for him . Hay lib idiots can you say WINING
Great news!
A celebration for
sure!
I am going to treat
myself to an extra
special dinner meal!
And smile even
more than I
usually do!😆😆😆
Today’s $DJT stock performance is retribution for all the years that the Left trashed President Trump on Twitter, shadow banned him and other conservatives, and then banned him completely.
Truth Social will now get more recognition that will propel their total users upward. A win by Trump in November will only serve to increase those numbers. Since he cannot run again for President, he will have no need to ever use Twitter again after November.
Good for him, he’s the most deserving man on the planet. He didn’t have to steal, cheat, or lie in order to bring us “Truth Social.” Imagine that.
As long as we’re not going to flood the forum with emotional “I lost all my money in stock investing” posts I am fine with whatever happens or however people choose to invest.
Also this: When Trump was president he was donating his salary ($200,000?). Now some people mention the motivation for investing in DWAC is making trump a multi-billionaire / trillionaire. My question there is: How would that make america great, by making money flow from the poorest 99% to the richest 1%?
How rich Trump is as a private citizen has no direct correlation to how good a president he was / will be?
It’s just a musing thought OK, any insights welcome.
How does his investment cause money to flow from the poorest 99% to the richest 1%? It doesn’t!!!!
No one is making anybody pay for its services, unlike a tax.
The primary purpose of Trump Truth was so he couldn’t be censored like on Twitter. He just found a way to make money on it a provide an opportunity to anyone else who wanted to ride his coattails, like his supporters, instead of like some “naysayers and deflection artists.
His independent wealth has made it so he could withstand the lawfare attacks and make him immune to the machinations of the DS/IC.
And what makes you think he would be any less of a great president than he has already proven himself to be???
Nice try.
👁
Not only your salient points BK, but we have a proven track record with President Trump with actual demonstrable successes.
Further, let me say his wealth has direct bearing on what kind of president he might be. If I had to pick a president who makes an average salary vs a successful business entrepeneur, I would be inclined, all other things being equal, to go with the rich guys experience.
Even though no longer in the financial markets myself, I see the value of PDJT and this venture as a rallying point for otherwise rugged individualist conservatives.
Anyone who has assets to put in the market is likely intelligent enough to know how the markets and wealth work. If they aren’t they shouldn’t be investing. I started in the mid-70’s with a customer of ours, Exxon, with their DRIP.
IMO, if this venture brings MAGA and conservatives together and energizes them, good. 🙂
What?!
How unfortunate that the terrible events in Baltimore harbor have superseded coverage of this positive event for Trump. My condolences go out to all people and their families that have been impacted by Baltimore, but it feels like something bad happens whenever there is good news for “We the people” and Trump. (I make suspicious cat look like a weed smoking hippie, I suppose).
Give me a break.
Bad events happen.
Good things happen.
Why do they have to be connected?
Cool! The boss.
The Lord works in mysterious ways.
With the censorship regime working overtime to shut down as many information streams as possible as we enter into the hard push to deny Trump, MAGA, freedom our voice heading into the election having Truth Social in the mix will be where those looking for truthful information about the opposition are forced to go. Every other media outlet is completely controlled. “X” Twitter is controlled free speech – “say what you want, into an empty room” freedom of speech without freedom of reach.
Truth will grow in users by default as the only place to go for the other side of the story. That’s when user growth becomes exponential. And the brilliance of the platform is realized by everyone on CTH and in the freedom investment world.
I haz big smile too!
Best part. Every time a leftie sees DJT on the Nasdaq.
I love that part of this situation.
If you want to do something to help Trump, buy some stock in his company and help raise the company value.
And use Truth Social as your social media, if you’re into that.
I just send him $.
Divine providence and His shield to protect His lion for us. No doubts at least not here out on the limbs! 🌳 No pretending, stay focused and of course live your best life! 🙏🏽❤️
I saw a report that the stock would go down and be selling for $2 a share….LOL! I thought, no way!
This is excellent news on a day I really need to hear some good news. Just found out that the 2 tubes of caulk I used on my house exterior to fill in some cracks is NOT paintable…..
Guess that report was just a little bit off.
Can you cover it with calk or some other substance that IS paintable?
I’m going to try covering it with Kilz and then painting over that. So I was really glad that President Trump has some good news along with all he is dealing with. My problems are insignificant in comparison.
Day Low DJT
57.25
Day High
79.38
57.45 in after hours exactly how people get screwed.. Warned people what they would do…
That’s why you must be online and continuously watching the stock and be ready to hit the sell button. I think most people knew that DJT would be volatile for the first few days after the merger and expected wild swings in the share price. And yes, the hedge funds and large investors were all over the stock today. That’s how they make their money.
being online and continuosly watching a stock is how people lose money.
Let me introduce my son, the smartest person I know, he’s standing right here beside me, Beau, ah, ah, Corn Pop, ah no, Crackhead, what’s that, Hunter, he cracks heads. I crack farts.
This is very Good News.
Does Hawaii always elect the dumbest senators?
https://twitchy.com/brettt/2024/03/26/sen-brian-schatz-says-the-public-deserves-to-know-why-trump-just-increased-his-net-worth-n2394426
Massachusetts is giving Hawaii a run for its money with Pocahontas and Mr. Frosty.
Did Schatzie take the crown away from Crazy Maizie?
It occurs to me that ” leftist” could be an abbreviated form of “leftoverist”
in other words, the leftists that seek to destroy everything good, beautiful and sane wind up with “leftovers”
or let us say “orts” – that’s a word that comes up in crossword puzzles – a lot!
Reuters is hard at work:
UPDATE 7-Trump’s media company valued at almost $8 bln in strong Wall St debut
4:54 PM ET, 03/26/2024 – Reuters
By Medha Singh and Yuvraj Malik
March 26 (Reuters) – Shares of Donald Trump’s Trump Media & Technology Group surged as much as 59% on Tuesday in their Nasdaq debut, lifted by the former U.S. president’s supporters😡 and providing him a potential windfall as he grapples with the costs of several legal cases.
At its session high of $79.38 per share, TMTG’s market capitalization crossed $10 billion on an undiluted basis, 👍 for a company that reported an operating loss of $10.6 million for the first nine months of 2023 on revenue of just $3.4 million.
The stock closed 16% higher at $57.99, valuing the company at nearly $8 billion.👍
Trump’s majority stake in TMTG was last valued at about $6 billion, although lock-up restrictions for six months could prevent him from selling or borrowing against his shareholding.
TMTG’s stock market debut follows its merger with blank-check company Digital World Acquisition Corp that was announced in 2021 but suffered setbacks and delays.
Digital World and the newly listed TMTG have together surged almost 600% since the deal was announced, cementing TMTG’s status as one of Wall Street’s so-called meme stocks popular among retail traders and whose movement can be driven by posts on social media.
“The valuation of the business is rich relative to its underlying fundamentals, but I would not get in front of it in the near term,” said Thomas Hayes, chairman of Great Hill Capital.😩
“This valuation may be more of a proxy on the enthusiasm of supporters for Trump than a reasonable estimate of underlying business prospects.”🤷🏾♀️
Trading in the shares under the new ticker “DJT” was briefly halted just after the opening bell due to volatility.
Retail trader-focused social media and trading platform Stocktwits listed it as the most trending stock.
Shares of Digital World Acquisition Corp, which is now TMTG, had surged more than 35% on Monday after completing its merger.
TRUMP’S FINANCIAL WOES
Trump, who is facing four criminal trials in his race to U.S. presidency, has been struggling to raise money for his campaign and legal expenses.
The company also provides a way for supporters of Trump to bet on his resurgence as a political figure, as evidenced by shares of shell company🤣 Digital World Acquisition nearly tripling in value this year.
Here’s the good part as pointed out by Sundance earlier:
TMTG’s rise on Tuesday led to losses for investors betting against the stock. Short sellers had racked up $158 million in paper losses this year on their positions in Digital World Acquisition and TMTG, according to analytics firm S3 Partners.
“Today’s price action and valuation are completely out of kilter with the underlying business and its prospects,” said AJ Bell investment analyst Dan Coatsworth.🤣
The deal will also inject $300 million in cash into TMTG-owned social media platform Truth Social.
Truth Social, launched in February 2022, sought to capitalize on the ban on Trump’s accounts across social media platforms such as Twitter, now X, and those run by Meta Platforms. It also played to users who believe other social media platforms have restricted conservative voices.🤣
In February, Truth Social had 8.9 million sign-ups, according to a regulatory filing. X had 238 million daily active users as of June 2022, as per the latest available official data, while Facebook and Reddit had 2.1 billion and 73 million.
At the height of Tuesday’s rally, Truth Social was valued at over $1,000 per signed-up user, compared with $147 per active user for Reddit, $80 for X and $46 for Snapchat.
Digital World said in a filing last month that Trump may divest his stake in Truth Social and cease any involvement in its management based on how his bid for president goes.
The blank-check firm signed its merger agreement with Trump’s company in October 2021 and since then, has been the target of investigations by the U.S. Department of Justice. (But of course)
Generally, Reuters business news is crisp and to the point. This piece just sucks.
Thank you, Sundance for your steadfastness, your faith and your grit. We who follow you and are dedicated to the insight you bring are continually amazed by the energy you expend in the furtherance of this mission, OUR mission.
God bless you, guide you and protect you. And God lift up DJT, our hope and strength to fight another day.
Monday and Tuesday have brought me more joy and sweet, sweet schadenfreude than I thought available right now. I am renewed. Thanks for always bringing us the light, Sundance & Co. 🥰
Trump is becoming the “Roadrunner” of politics. No matter the level off scheming and conspiracies, he just manages to escape their grasps at the last moment. It’s just a lovely sight to see.
There will be alot of volitility in the next couple of months. With more than half of the shares in lockup for the next 6 months (meaning they can’t be sold for the next 6 months) not as many traders will want to get caught in a short squeeze.
Also many stocks start to trade down as the lockup period come close to expiration. Still far away.
Many times in situations like this a stocks fundamentals will have little effect a stock prices. Certainly DJT’s stock future potential will also be factored in . And hopefully in will be a huge success.
Be prepared for many negative articles ( hit pieces) to be written against the company. Sadly many jealous and other TDS people will be out in full force.
Best wishes and good fortune to all who invest in this stock. And don’t invest more than you are comfortable with. Long and strong.
Pray and help others.
Nunes is the real deal.
Gotta 😘 love him.💓
He’s The Donald. 🦁👑🇺🇲
I am neither rich nor crazy, but since the HALF BILLION freaking fine they tried to sink President Trump with, I told myself… I would be very happy to donate one thousand dollars to help out… If one million patriots (among those not living on a VERY tight budget) did the same, he would get ONE BILLION dollars – enough to deal with these excretory (sic) and execrable Stalinist “judgments”. My concerns were how to do it… and how not to be on one of “The Lists”.
It seems today it was a good day for the Real Champion of the people, the only real President of the US, if in exile, President Donald J. Trump. I’d still be happy to do what I said, though. In the given context, what’s a smart thing to do? Buy stock? Or is that not assisting him directly? I wouldn’t even mind IF (I am not saying it will!) it would mean losing a little money if it means a legal contribution by another name. Please advise. I am not a “stock expert” or anything like that.
I believe that The Truth social media The Best one out there,
I wanted to buy a few shares just for the purpose of supporting PDJT. I sent him a $100.00 donation at Donald Trump dot com instead.
PDJT will be the first trillionaire.
President Trump is God’s vessel. His willingness to suffer to defend the principles our country was founded upon are awesome to behold.
On the first day of public trading the DWAC stocks, which trade under NASDAQ id “DJT” …
What, “FJB” wasn’t available?
Ironically, it was the very censorship of The Left that was the impetus for President Trump to start Truth Social — and all these lawfare totalitarian extra-judicial persecution prosecutions by The Left that has made this asset so valuable.
Schadenfreude by any other name would smell as sweet …