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re: Blaze TV--Bought and Paid For: How Politicians Get Filthy Rich in Washington
Posted on 4/11/24 at 4:44 pm to DisplacedBuckeye
Posted on 4/11/24 at 4:44 pm to DisplacedBuckeye
quote:
Oh boy. Are we going to have to hear this one for the next three months, too?
"liquid assets"
Posted on 4/11/24 at 4:56 pm to BBONDS25
quote:
Couple things. Forbes is widely known for their inaccurate estimation of net worth for families that own closely held entities. Second, the estimate likely includes the value of truth social which just happened.
To be fair, Trump is also known to make wildly erroneous claims, such as his net worth, that no one ever thought was legit back in 2016. Others like Fortune pegged his wealth at $3B, I believe, in 2016.
Yeah, it includes Truth Social, but that is a fair inclusion in his net worth. It's fair to say he is a lot richer today than before taking office. Some reports had his net worth at $9.8B after Truth Social and now it's taking a hit on stock prices, so it's down. But, compared to 2016, it seems he's at least $1B richer, worst case.
Posted on 4/11/24 at 5:47 pm to BuckyCheese
quote:
liquid assets"
You do understand why that is important, right?
Posted on 4/11/24 at 5:48 pm to POTUS2024
quote:
Some reports had his net worth at $9.8B after Truth Social and now it's taking a hit on stock prices, so it's down. But, compared to 2016, it seems he's at least $1B richer, worst case.
So is Trump a brilliant billionaire or a worthless loser?
Posted on 4/11/24 at 5:54 pm to BBONDS25
quote:
You do understand why that is important, right?
You do understand you are being mocked for overusing terms, right?
Posted on 4/11/24 at 6:03 pm to BuckyCheese
quote:
You do understand you are being mocked for overusing terms, right?
Couldnt care less. Do you understand why liquid vs non liquid matters?
I suspect you don’t. I also suspect you are so dumb you don’t know why.
This post was edited on 4/11/24 at 6:06 pm
Posted on 4/11/24 at 6:28 pm to BBONDS25
I know exactly what it means and find it extremely humorous that a cultist like yourself is bringing it up, repeatedly, so you can nut hug the most narcissistic man in the country.
This post was edited on 4/11/24 at 6:30 pm
Posted on 4/11/24 at 6:32 pm to BuckyCheese
quote:
You do understand you are being mocked for overusing terms, right?
Now, now. We all like new toys.
Posted on 4/11/24 at 7:06 pm to BuckyCheese
quote:
I know exactly what it means and find it extremely humorous that a cultist like yourself is bringing it up, repeatedly, so you can nut hug the most narcissistic man in the country.
Why is it stupid to bring up an IPO. Fill us in.
Posted on 4/11/24 at 7:07 pm to BBONDS25
quote:
So is Trump a brilliant billionaire or a worthless loser
Do you know why an IPO and liquid assets are important? You dumb idiot.
Posted on 4/11/24 at 7:12 pm to BuckyCheese
quote:
I know exactly what it means and find it extremely humorous that a cultist like yourself is bringing it up, repeatedly, so you can nut hug the most narcissistic man in the country.
Apparently you don’t. NSOs vs ISOs you don’t know shite about frick. You idiot. I am so tired of idiots that don’t know shite about frick. People on here don’t know anything.
This post was edited on 4/11/24 at 7:15 pm
Posted on 4/11/24 at 7:16 pm to BBONDS25
Three posts in a row. Two of which are quotes of the same post.
Bonds is melting now.
Sad.
*And is a member of Team Stupid frick.
Bonds is melting now.
Sad.
*And is a member of Team Stupid frick.
This post was edited on 4/11/24 at 7:17 pm
Posted on 4/11/24 at 9:47 pm to BuckyCheese
quote:
Three posts in a row. Two of which are quotes of the same post.
And yet nary a response to how IPOs work. No surprise there from the ignorant gallery.
You dumb fricking idiot.
This post was edited on 4/11/24 at 10:46 pm
Posted on 4/12/24 at 4:20 am to BBONDS25
Why in the frick would I give you a dissertation on how IPOs work?
You're salty enough for me to believe you bought in at $70/share.
Stupid frick
You're salty enough for me to believe you bought in at $70/share.
Stupid frick
Posted on 4/12/24 at 6:40 am to BBONDS25
quote:
And yet nary a response to how IPOs work. No surprise there from the ignorant gallery. You dumb fricking idiot
Don’t fight with these guys.
They’re still mad that team Ron shite the bed in the primaries.
Posted on 4/12/24 at 7:47 am to BuckyCheese
quote:
Why in the frick would I give you a dissertation on how IPOs work?
Because you’re unable to. That is clear.
quote:
Stupid frick
Typical liberal projection.
Posted on 4/12/24 at 8:58 am to BBONDS25
The valuation of Truth Social is probably more based on political considerations and Trump's standing in the polls more than anything else. In terms of stated users it's a small player in the social media game with maybe 2-3 million active users as opposed to the hundreds of million users of X and the billions in Facebook.
But it is the political aspect that gives it its current valuation and so long as he stays above a certain percentage in the polls the value will still be there. He wins, the price goes up and his 70 million shares gain a real value and in 6 months he start to cash out
In terms of what is commonly used to valuation in social media Truth so far has a few things to answer:
1) actual user #s
2)Active user accounts on a daily/ monthly basis
2) Average revenue per user
4) advertising revenue or what Truth calls Sponsored Truths or what is now also called Ad impressions
If Truth begins to grow its user#s and has an influx of Ad revenue then its position will stabilize. The fact that it has lost 58 -60 million in 2023 is not as big of a concern as you might think.....now. If those loses stabilize or shrink then the pricing will reflect it. If it grows, it's trouble and investors will flee. Should find out more in June when quarterlies would come out.
You should start to see trend lines on the "fundamentals" rather soon. But my guess is that the value will be truly determined sometime in October. No matter the outcome, Trump could cash out, Truth Social burns to the ground and Trump could lose the election, but Trump walks away with about 800 million to at least a billion. Not bad for 9 months of work unless the share price does a dead man's nose dive.
But it is the political aspect that gives it its current valuation and so long as he stays above a certain percentage in the polls the value will still be there. He wins, the price goes up and his 70 million shares gain a real value and in 6 months he start to cash out
In terms of what is commonly used to valuation in social media Truth so far has a few things to answer:
1) actual user #s
2)Active user accounts on a daily/ monthly basis
2) Average revenue per user
4) advertising revenue or what Truth calls Sponsored Truths or what is now also called Ad impressions
If Truth begins to grow its user#s and has an influx of Ad revenue then its position will stabilize. The fact that it has lost 58 -60 million in 2023 is not as big of a concern as you might think.....now. If those loses stabilize or shrink then the pricing will reflect it. If it grows, it's trouble and investors will flee. Should find out more in June when quarterlies would come out.
You should start to see trend lines on the "fundamentals" rather soon. But my guess is that the value will be truly determined sometime in October. No matter the outcome, Trump could cash out, Truth Social burns to the ground and Trump could lose the election, but Trump walks away with about 800 million to at least a billion. Not bad for 9 months of work unless the share price does a dead man's nose dive.
Posted on 4/12/24 at 9:10 am to 88Wildcat
Glenn was excellent exposing the global digital new reset credit scores for business and soon individuals.
He also was a nut case about Cruz being the savior of the mormons.
He bellyached about being poor then suddenly he got a lot of money for blaze TV. He had the debates to highlight the meatball ($$$$$$$$$$$) ching ching ching...
And now this what everyone knows but no one will be held accountable expose' on DC critters having a price.
As Hannity said BOUGHT AND PAID FOR
We know-why does it continue? To keep us busy again thinking justice is coming--- delta oh great pumpkin.
He also was a nut case about Cruz being the savior of the mormons.
He bellyached about being poor then suddenly he got a lot of money for blaze TV. He had the debates to highlight the meatball ($$$$$$$$$$$) ching ching ching...
And now this what everyone knows but no one will be held accountable expose' on DC critters having a price.
As Hannity said BOUGHT AND PAID FOR
We know-why does it continue? To keep us busy again thinking justice is coming--- delta oh great pumpkin.
This post was edited on 4/12/24 at 9:45 am
Posted on 4/12/24 at 9:24 am to cajunangelle
Rich coming from Hannity who leveraged his fellating of Trump going back to 2012 into a pretty nice real estate empire of his own.....with the help of Michael Cohen as his attorney as well.
If politicians are bought and paid for, and the are. Hannity as well as Glenn Beck are also bought and paid for. In 2016 both Beck and Michael Berry in particular were about as anti to never Trump as you could get.....Beck was on record with a whole host of conservative pundits as saying as much. Berry was poking fun at both Trump and his supporters and even had Todd the Trumpkin as a character on his show. Now they are Trump cheerleaders and have been for a while. They also are bought and paid for.
If politicians are bought and paid for, and the are. Hannity as well as Glenn Beck are also bought and paid for. In 2016 both Beck and Michael Berry in particular were about as anti to never Trump as you could get.....Beck was on record with a whole host of conservative pundits as saying as much. Berry was poking fun at both Trump and his supporters and even had Todd the Trumpkin as a character on his show. Now they are Trump cheerleaders and have been for a while. They also are bought and paid for.
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