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Trump's Hush Money Trial Begins

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bver_hunter

bver_hunter

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More "good" news for Trump. His Fake Anti-Social Stock dropped to $22.84 per share. A whopping 14% Down. It has tanked by almost 70% since it first started trading.
The reason for this recent drop is because it planned to launch a TV Streaming Platform of more Fake News:

Trump Media shares close down more than 14%, company says Truth Social to launch TV streaming:


Damn, we were all looking forward to Trump going back to his Apprentice days on this Steaming Platform of his. After all his blind and dumb supporters would switch off from any further intents to an insurrection if he once again loses the Elections!!
 
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mitchell76

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https://twitter.com/i/web/status/1780585864793563266

Stupid Jimmy Kimmel, who still hasn’t recovered from his horrendous performance and big ratings drop as Host of The Academy Awards, especially when he showed he suffered from TDS, commonly known as TRUMP DERANGEMENT SYNDROME, to the entire World by reading on air my TRUTH about how bad a job he was doing that night, right before he stumbled through announcing the biggest award of all, “Picture of the Year.” It was a CLASSIC CHOKE, one of the biggest ever in show business, and to top it off, he forgot to say the famous and mandatory line, “AND THE WINNER IS.” Instead he stammered around as he opened the envelope. Supposedly his wife, and even management, begged him not to do it, “DON’T READ HIS TRUTH, JIMMY, PLEASE DON’T DO THIS,” they said. He was made to look like a FOOL, which he is, and at the same time go down in Television History as the WORST HOST EVER OF THE ONCE VAUNTED ACADEMY AWARDS! Donald Trump Truth Social 08:18 AM EST 04/17/24
 
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silentkisser

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mitchell76 said:
DJT stock up 14% today!!

www.tradingview.com

DJT Stock Price and Chart — NASDAQ:DJT — TradingView

View live Trump Media & Technology Group Corp. chart to track its stock's price action. Find market predictions, DJT financials and market news.
www.tradingview.com www.tradingview.com
Click to expand...
Yes, it is currently up 15% or so. Why? Did the announcement they would carry old TV shows really move the needle? Are more MAGA folks pumping in their life savings? Do analysts now see it has value? Folks with access to a Bloomberg terminal could see where these new buyers are coming in from, but I highly doubt it is from institutional investors.

The stock was massively overvalued in the IPO. They did not tell folks about the horrible revenue and earnings data until afterwards. I honestly feel bad for those people who are financially illiterate and bought this stock thinking they were supporting Trump and would make some cash. You know when this finally does crash and burn, Trump will find some way to blame it on Deven Nunes or the liberal media, anyone but himself. And, let's face it....that could be accurate. I mean, besides being a large shareholder, he has no hand in the day to day operations.
 
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Leimonis

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silentkisser said:
I honestly feel bad for those people who are financially illiterate and bought this stock thinking they were supporting Trump and would make some cash.
Click to expand...
I honestly don’t feel bad for them at all
 
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mitchell76

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Aug 10, 2010
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silentkisser said:
Yes, it is currently up 15% or so. Why? Did the announcement they would carry old TV shows really move the needle? Are more MAGA folks pumping in their life savings? Do analysts now see it has value? Folks with access to a Bloomberg terminal could see where these new buyers are coming in from, but I highly doubt it is from institutional investors.

The stock was massively overvalued in the IPO. They did not tell folks about the horrible revenue and earnings data until afterwards. I honestly feel bad for those people who are financially illiterate and bought this stock thinking they were supporting Trump and would make some cash. You know when this finally does crash and burn, Trump will find some way to blame it on Deven Nunes or the liberal media, anyone but himself. And, let's face it....that could be accurate. I mean, besides being a large shareholder, he has no hand in the day to day operations.
Click to expand...
Like I said earlier, I would never invest in DJT as it is way too risky for me. With that being said , I always enjoy watching volatile stocks vicariously!!

Another example a couple of yrs ago was the stock gamestop.

www.tradingview.com

GME Stock Price and Chart — GameStop — TradingView

View live GameStop chart to track its stock's price action. Find market predictions, GME financials and market news.
www.tradingview.com www.tradingview.com

It was fun watching these fancy hedge fund managers lose Billions of dollars shorting GME, whereas at the time the price of GME kept going up and up.

Melvin Capital got wiped out shorting GME at the time.

 
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