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Anyone still in NMAX?

Posted on 12/11/25 at 2:34 pm
Posted by Cajun75
Member since Mar 2022
814 posts
Posted on 12/11/25 at 2:34 pm
I bought in at the IPO for $10 and watched it go to $250+ but couldn't get out until about $56 as soon as my shares were able to transfer to Schwab. Bought a bit again a couple of days ago at a little over $9.....it's increased a good bit from the low of $7 and change a few weeks back.
Posted by lsuconnman
Baton rouge
Member since Feb 2007
4481 posts
Posted on 12/11/25 at 2:49 pm to
Nah, all my HELOC money had already been spent on PEW.
Posted by Fat Bastard
2024 NFL pick'em champion
Member since Mar 2009
89295 posts
Posted on 12/11/25 at 3:14 pm to
you missed out. that was a stock that had to be watched non stop. so you missed out on big profits because you were switching exchanges? WTF? why did you do that at that time? that stock is volatile as hell.

we made a killing day trading that from the get go at IPO. we had a big thread on it here. it was similar to the gamestop pump and dump. i wasn't able to get in on the GME profits but did on DJT and NMAX.
This post was edited on 12/11/25 at 3:17 pm
Posted by Cajun75
Member since Mar 2022
814 posts
Posted on 12/11/25 at 4:13 pm to
quote:

so you missed out on big profits because you were switching exchanges? WTF? why did you do that at that time?


By investing in the IPO, Newsmax had their holding institution for IPO funds and you couldn't just complete the sell of your shares through them. You had to request that they release your shares to your trading account which was in my case, Schwab, which took nearly a week to complete before the shares were in my account to be able to sell them. I still made 450% in one week so not too shabby, LOL.
Posted by Fat Bastard
2024 NFL pick'em champion
Member since Mar 2009
89295 posts
Posted on 12/11/25 at 6:02 pm to


i simply bought through SCHWAB the day of the IPO. made a killing. never had shite held or froze.

anyway......my only regret was not buying more. i made close to or around 6 figures in no time. cannot remember exactly how much. something like that. it was surreal. it is why i was telling people here they coulda made a year or two salary had they bought enough. you easily coulda made well into 6 figures on that stock.
This post was edited on 12/11/25 at 6:05 pm
Posted by Tmcgin
BATON ROUGE
Member since Jun 2010
6387 posts
Posted on 12/11/25 at 7:19 pm to
Trump stocks have a solid track record of tanking
Zero respect for share holders or anyone else
His stock from the 90’s is six cents
Posted by Cajun75
Member since Mar 2022
814 posts
Posted on 12/11/25 at 8:03 pm to
Ok, so you bought it once it became available for trading which is not what I did. I purchased weeks before it traded. Yep, hindsight is ALWAYS 20/20.
Posted by Cajun75
Member since Mar 2022
814 posts
Posted on 12/11/25 at 8:05 pm to
quote:

Trump stocks have a solid track record of tanking


Who said anything about a "Trump" stock? He may like Newsmax but I certainly wouldn't consider it a "Trump" stock.
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