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Started By
Message
re: DWAC shareholders approve merger
Posted on 4/2/24 at 5:07 pm to SDVTiger
Posted on 4/2/24 at 5:07 pm to SDVTiger
quote:
Trump Media shares jumped higher on Tuesday after the company said it has no debt and over $200 million of cash on hand.
That’s been known since yesterday but I guess it’s news today. They received $300 million from the merger.
I believe Trump is a pretty savvy businessman, and if he knew there would be a $5B+ market for his company, he’d have never take it public via SPAC. He potentially left billions on the table.
1
Posted on 4/2/24 at 5:48 pm to slackster
quote:
That’s been known since yesterday but I guess it’s news today. They received $300 million from the merger.
Thats good. I still dont understand how certain posters cant answer how its not a viable company
And also think its just truth social
Posted on 4/2/24 at 6:14 pm to SDVTiger
quote:
And also think its just truth social
The rest is just vaporware
Posted on 4/2/24 at 6:28 pm to UltimaParadox
Of course it is
Posted on 4/2/24 at 6:42 pm to frogtown
quote:
Like I said. Not doable. You would be an idiot to make that trade.
If you feel the stick is going to collapse why would it be stupid?
The conversation was on how to short it.
Posted on 4/2/24 at 6:51 pm to SDVTiger
quote:
Of course it is
Give us some examples
Posted on 4/2/24 at 7:03 pm to UltimaParadox
I already explained what the game plan is for his company imo. He will go for the next fox news
There is a YUGE void in the conservative/moderate space and zero competition
Trump leaves a massive media legacy to Baron
If it isnt then what a total waste
There is a YUGE void in the conservative/moderate space and zero competition
Trump leaves a massive media legacy to Baron
If it isnt then what a total waste
Posted on 4/2/24 at 7:20 pm to Jjdoc
quote:
If you feel the stick is going to collapse why would it be stupid?
Seriously? This comment tells me you don't know WTF you are talking about.
Posted on 4/2/24 at 7:36 pm to SDVTiger
quote:
already explained what the game plan is for his company imo. He will go for the next fox news
Setting cash on fire to run truth social that no one uses. So now they are going to burn though billions to start up a news company etc...
Only problem where do they get the money to burn. Obviously they will take retail investor money and leave them holding the bag. But that is small fries
Posted on 4/2/24 at 7:43 pm to SDVTiger
quote:
I still dont understand how certain posters cant answer how its not a viable company
I mean it’s really just an idea right now outside of Truth social, and it’s an idea that’s valued like it’s well beyond where the company currently is.
I can’t speak for everyone that’s been critical, but my issue is the fact that you’re paying the valuation of a well established company for something that is basically at the ground floor.
Posted on 4/2/24 at 7:46 pm to SDVTiger
quote:
I already explained what the game plan is for his company imo. He will go for the next fox news There is a YUGE void in the conservative/moderate space and zero competition
He’s got $300MM to build a $7B company, and that’s just to make today's prices reasonable.
This post was edited on 4/2/24 at 7:49 pm
Posted on 4/2/24 at 7:57 pm to SDVTiger
quote:How much time will have to pass with nothing even close to this having happened for you to say "wow, I was absurdly wrong about this"?
I already explained what the game plan is for his company imo. He will go for the next fox news
There is a YUGE void in the conservative/moderate space and zero competition
Trump leaves a massive media legacy to Baron
If it isnt then what a total waste
We should all stop arguing and start making real-world predictions (with dates) so we can easily see who was right and who was wrong.
Posted on 4/2/24 at 8:00 pm to Big Scrub TX
quote:
How much time will have to pass with nothing even close to this having happened for you to say "wow, I was absurdly wrong about this"?
5yrs
Posted on 4/2/24 at 8:04 pm to SDVTiger
quote:
5yrs
OK. How about some stock price markers in the interim? Also, let's say your vision comes to pass right at the 5 year mark: what is your prediction of what the market cap would be at that point (right now it's about $6B)?Posted on 4/2/24 at 8:05 pm to Big Scrub TX
I mean who the frick knows
And you dont think you have severe TDS?
And you dont think you have severe TDS?
Posted on 4/2/24 at 8:19 pm to SDVTiger
quote:I think anyone pontificating as much as you should have some idea. An idea about current fundamental value as well as an idea about future value in your predicted scenarios. How else would one calculate an IRR with which to make an informed opportunity cost analysis for this potential investment vs the next with which it is competing?
I mean who the frick knows
quote:Of course I don't. I actually have no idea what you're talking about. Whether or not this stock is cheap, fair or expensive has NOTHING to do with "TDS". YOU seem like the one with TDS.
And you dont think you have severe TDS?
Posted on 4/2/24 at 8:22 pm to Big Scrub TX
quote:
I think anyone pontificating as much as you should have some idea
The stock will go up and the stock will go down
Fox Corp is at 30 so lets go with that
quote:
Of course I don't
Posted on 4/2/24 at 8:36 pm to Big Scrub TX
This reminds me of the AMC thread... Wonder how much money those guys lost
Posted on 4/2/24 at 8:49 pm to SDVTiger
quote:
The stock will go up and the stock will go down
Fox Corp is at 30 so lets go with that
Posted on 4/2/24 at 9:03 pm to UltimaParadox
(no message)
This post was edited on 4/20/24 at 4:59 pm
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