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Started By
Message
re: DWAC shareholders approve merger
Posted on 4/2/24 at 10:08 pm to lsuconnman
Posted on 4/2/24 at 10:08 pm to lsuconnman
quote:
Actually, this is best compared against any of the SPACs AT used to hustle
I'm not comparing the stock. I'm talking about how a couple of people who are heavily monetarily and emotionally invested in a stock can't see the common sense fundamentals laid out in front of them.
2
Posted on 4/2/24 at 10:14 pm to UltimaParadox
What are the fundamentals we are all missing?
Posted on 4/3/24 at 7:17 am to SDVTiger
quote:
What are the fundamentals we are all missing?
They generated $4 million in revenue last year, and revenue was actually slowing, yet you’re happy owning the stock at a $7B valuation.
Thats the antithesis of fundamentals.
Posted on 4/3/24 at 7:45 am to slackster
quote:
yet you’re happy owning the stock at a $7B valuation.
I dont own any of the stock
Posted on 4/3/24 at 12:49 pm to UltimaParadox
(no message)
This post was edited on 4/18/24 at 2:26 pm
Posted on 4/3/24 at 1:20 pm to SDVTiger
quote:
Fox Corp is at 30 so lets go with that
Oh wow lol
Posted on 4/3/24 at 1:49 pm to JohnnyKilroy
First we had the going concern warning, now we have this:
LINK
About as Trumpian as it gets. :chefskiss:
Plus two clowns who got into the clown car have plead guilty to insider trading the stock. LINK
quote:
Donald Trump has sued two co-founders of his newly public Trump Media & Technology Group Corp., claiming they set the company up improperly and shouldn’t get any stock in it.
In the latest legal skirmish over who gets how much of the hot but flailing meme stock, Trump alleges that Andy Litinsky and Wes Moss violated an agreement about the setup and don’t deserve their 8.6% stake, currently valued at $606 million.
The lawsuit, which was filed on March 24 in Florida state court and hasn’t previously been reported, comes after the pair brought their own suit against the former president in Delaware Chancery Court over their promised stake in the social media company.
The legal fight is playing out amid wild swings in shares of Trump Media, which began trading last week after it merged with a special purpose acquisition company, known as a SPAC. The stock dropped 21% Monday after Trump Media disclosed in a securities filing a $58 million loss and a relative trickle of revenue for 2023, and reiterated a warning that it needed the money from the SPAC deal to keep operating.
LINK
About as Trumpian as it gets. :chefskiss:
Plus two clowns who got into the clown car have plead guilty to insider trading the stock. LINK
This post was edited on 4/3/24 at 1:57 pm
Posted on 4/3/24 at 2:26 pm to cwill
I'm still waiting to hear from the lucky guys that got in at $75.
Posted on 4/10/24 at 2:07 pm to Fat Bastard
quote:
bought shares as well this morning
Care to update the board with all your gains?
Posted on 4/10/24 at 2:20 pm to saint tiger225
TDS Forever!!
Posted on 4/10/24 at 3:15 pm to SDVTiger
You're such a feeble minded person that half your posts in this thread are telling people they have TDS when they tried to point out facts or ask questions.
Posted on 4/10/24 at 4:12 pm to saint tiger225
Are you trying to deny you have severe TDS?
Posted on 4/10/24 at 4:38 pm to saint tiger225
Now the two Apprentice clowns tasked with running this scam or panicking and suing to get out of the 6 month lockup so they can offload some of their stock before it crashes any further...plus they have their other suit against Trump, who's also suing them...plus 2 guys going to jail for insider trading.
Posted on 4/10/24 at 6:00 pm to saint tiger225
quote:
bought shares as well this morning
quote:
Care to update the board with all your gains?
He got in between $67 and $74 if he bought the morning he claims.
Hero worship can be expensive.
This post was edited on 4/10/24 at 7:51 pm
Posted on 4/11/24 at 12:19 pm to BuckyCheese
Posted on 4/11/24 at 1:14 pm to cwill
It appears this DJT stock will be going the same way as the last DJT stock.
quote:
Trump bestowed the same initials on his Atlantic City casino business, Trump Hotels and Casino Resorts, back when that company went public in 1995.
It didn’t go great. At least, not for investors.
Trump Hotels and Casino Resorts never turned a profit and ended up in bankruptcy in 2004, wiping out shareholders.
Trump’s company lost money every single year of its existence, putting it more than $600 million in the red — despite owning premier Atlantic City casinos, including the Trump Taj Mahal, a place so opulent Trump called it “the eighth wonder of the world.”
quote:
The stock lost 90% its value in its first five years as a public company.
Yet Trump himself made out fine. Between 1995 and 2004, Trump took home about $40 million in salary, bonuses and options — not unusual for a CEO. Then there were the less common moneymaking methods, including consulting contracts, licensing deals and reimbursements for the use of his personal jet and golf courses. Those atypical payments made up about half of the money Trump made during his tenure as the company’s leader.
“The money I took out of there was incredible,” Trump told the New York Times in 2016.
Trump’s stock holdings were wiped out in the bankruptcy. But he continued to make millions of dollars from the company after it came out of bankruptcy, pocketing $6.1 million from the re-named Trump Entertainment Resorts company, which traded under a new ticker — you guessed it! — TRMP.
The new name and ticker didn’t help the company, though. It lost $2 billion over five years and filed for bankruptcy a second time in 2009.
Posted on 4/11/24 at 2:58 pm to SDVTiger
quote:
SDVTiger
Posted on 4/11/24 at 3:08 pm to saint tiger225
Moar TDS!!
Posted on 4/11/24 at 3:27 pm to SDVTiger
quote:
Moar TDS!!
sucky cuck cheese would be in this thread.
riddled with stage 4 TDS.
glad i day traded and got out. NFW was i buying and holding.
see where it bottoms out at.
Posted on 4/11/24 at 4:08 pm to saint tiger225
quote:
It lost $2 billion over five years and filed for bankruptcy a second time in 2009.
The ole chapter 22 bankruptcy.
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