Originally posted by: Boilerman
The stock is up 44.6% since the 2024 opening day of trading. You guys prove daily why one should never trust Lyin' Liberal. Market Cap is $3.5 billion.
Market capitalization is a meaningless figure when no one could possibly sell the stock for the price used to calculate it. Could anyone sell DJT at the price it was today? Nope. It's dropping, and will continue to drop--and so will that fantasy "market cap" number.
Never trust a Lyin' Boiler.
Originally posted by: MaxFlavor
From CNBC April 15, 2024:
"Since it began public trading on March 26, Trump Media's share price has fallen more than 62%, from an opening price of $70.90 that day down to around $27 on Monday." Emphasis is mine.
Right now it's trading at $23.10.
Trump Media falls 18% after filing plans to issue more DJT stock (cnbc.com)
It began publically trading as DJT on March 26th, that's when the retail investors starting buying and the ones that did are way down now. It's probably OK with them though, the money isn't has important as supporting Trump. Of course, they'll complain about inflation and not being able to afford groceries while that feverishly refresh the stock quote.
Lyin' Liberal or Lo Info Trumpster? You decide.
Issuing more stock when the stock price is dropping is the exact opposite of what a fiscally responsible or honest company should do. It should be buying up its own stock to shore up the share price.
Except...DJT has not a dime of cash.
Remember when conservatives have howled about the government "printing money"? How, exactly, is a worthless company printing more of its own stock any different?
Oh, and that will depress the price of DJT even further, as any issuance of new shares will dilute whatever paltry value the existing shares have.
Down 62% since its IPO on Mar 26
LINK
You buyin shares, Boilerman? Might be a good entry point ! You'll get in at a 62% discount compared to the smart investors on IPO day.
I don't know much about investing. IPO means "ignorant and proud of it," right?
Typical TDR infected liberals mouthing off about something that they WANT to fail because it deals with President Trump. Truth Social, just like many other stock offerings, is going thru the normal course of ups and downs of starting up. You wailing hyenas need to get back in 6 months and then we will see just where the stock stands. Until then, have your misguided fun while you bleat your idiotic noise. Your moronic musings are SO typical. - My response here will surely lead to more bashings by you losers .....
Originally posted by: David Miller
Typical TDR infected liberals mouthing off about something that they WANT to fail because it deals with President Trump. Truth Social, just like many other stock offerings, is going thru the normal course of ups and downs of starting up. You wailing hyenas need to get back in 6 months and then we will see just where the stock stands. Until then, have your misguided fun while you bleat your idiotic noise. Your moronic musings are SO typical. - My response here will surely lead to more bashings by you losers .....
Golly gee ! I sure hope the cafeteria monitors didnt read this post filled with name calling and insults
Originally posted by: PJ Stroh
Golly gee ! I sure hope the cafeteria monitors didnt read this post filled with name calling and insults
It's just David being David. Hmmm. have you ever heard that phrase used to refer to anyone else's behavior...?
David must be getting reamed out in Vegas again.
Originally posted by: David Miller
Typical TDR infected liberals mouthing off about something that they WANT to fail because it deals with President Trump. Truth Social, just like many other stock offerings, is going thru the normal course of ups and downs of starting up. You wailing hyenas need to get back in 6 months and then we will see just where the stock stands. Until then, have your misguided fun while you bleat your idiotic noise. Your moronic musings are SO typical. - My response here will surely lead to more bashings by you losers .....
You are apparently convinced that Trump is a great businessman, a great person, and was a great president. Here is your chance to capitalize on that supposed skill and greatness. Just call a broker and buy all of the Trump stock you can get--I would even suggest that you borrow, mortgage, and sell everything you can to buy more. It's a great opportunity for you.
Originally posted by: Kevin Lewis
It's just David being David. Hmmm. have you ever heard that phrase used to refer to anyone else's behavior...?
David must be getting reamed out in Vegas again.
Maybe he bought Truth Social Stock and that is why he is so angry.
Originally posted by: Mark
Maybe he bought Truth Social Stock and that is why he is so angry.
It's quite the conundrum: does he spend his hard-stolen money on gifting Trump or on gifting the casinos where he plays video poker so badly?
Maybe we can supply him with the contact info for some transgender lesbian abortionist environmentalist Democratic organizations as alternative recipients for his cash.
