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Message

re: Trump — I don’t plan to use Truth Social shares to secure New York bond.

Posted on 3/22/24 at 11:49 pm to
Posted by Gideon Swashbuckler
Member since Sep 2019
5784 posts
Posted on 3/22/24 at 11:49 pm to
quote:

Do you know what the price was 2 years ago?


I know the IPO was $16.

The lowest DWAC has traded for was around $9.80/share.
Posted by Gideon Swashbuckler
Member since Sep 2019
5784 posts
Posted on 3/22/24 at 11:50 pm to
quote:

Spacs do not ipo at 16


DWAC went public on 30 Sept '21 and opened at $16.
This post was edited on 3/22/24 at 11:51 pm
Posted by billjamin
Houston
Member since Jun 2019
12512 posts
Posted on 3/22/24 at 11:51 pm to
quote:

I know the IPO was $16. The lowest DWAC has traded for was around $9.80/share.

The correct answer is $71. .
Posted by Gideon Swashbuckler
Member since Sep 2019
5784 posts
Posted on 3/22/24 at 11:54 pm to
quote:

The correct answer is $71. .


Ok. I'm not arguing that the stock hasn't traded higher. I'm saying since it was listed, it's UP 140%.

Tesla has traded as high as $900/share. I guess that makes Tesla an unsuccessful company because now it's trading at $170??

This post was edited on 3/22/24 at 11:57 pm
Posted by billjamin
Houston
Member since Jun 2019
12512 posts
Posted on 3/22/24 at 11:56 pm to
quote:

Ok. I'm not arguing that the stock has traded higher. I'm saying since it was listed, it's UP 140%.

That’s not what you said before. You said it was up 140% over the past two years. It’s down 50% over the past two years.
Posted by Gideon Swashbuckler
Member since Sep 2019
5784 posts
Posted on 3/22/24 at 11:57 pm to
quote:

That’s not what you said before. You said it was up 140% over the past two years. It’s down 50% over the past two years.


I've said all along that it's up 140% since it's listing, which was a little over 2.5 years ago.
This post was edited on 3/22/24 at 11:58 pm
Posted by Gideon Swashbuckler
Member since Sep 2019
5784 posts
Posted on 3/23/24 at 12:02 am to
I'm merely stating that calling a company that has gone through the regulatory issues and contraversial association that DWAC has, and maintained 140% gains since its listing, a "meme stock" sounds more like TDS than it does objective analysis.
This post was edited on 3/23/24 at 12:04 am
Posted by UncleFestersLegs
Member since Nov 2010
10834 posts
Posted on 3/23/24 at 2:04 am to
quote:

Over under on how long it takes for DWAC shares to crash? 6 mos?
still upset at Elon taking over Twitter
Posted by BBONDS25
Member since Mar 2008
48389 posts
Posted on 3/23/24 at 3:15 am to
quote:

Tesla has traded as high as $900/share. I guess that makes Tesla an unsuccessful company because now it's trading at $170??


Cwill thinks Elon is an idiot.
Posted by TenWheelsForJesus
Member since Jan 2018
6514 posts
Posted on 3/23/24 at 4:36 am to
quote:

Aint no way truth social is worth $3.5B


It's not. It's worth $5 billion. $3.5 billion is just Trump's share. You can cry more now.
Posted by cwill
Member since Jan 2005
54752 posts
Posted on 3/23/24 at 5:39 am to
quote:

quote:Advertising. Now you go… This is how Truth will generate income.


My pillow guy is done.
Posted by ronricks
Member since Mar 2021
6811 posts
Posted on 3/23/24 at 6:59 am to
I don’t think Trump is ‘broke’ but it’s obvious he isn’t very liquid.
Posted by TheSadvocate
North Shore
Member since Aug 2020
3826 posts
Posted on 3/23/24 at 8:44 am to
quote:

Trump is broke

Everyone who works paycheck to paycheck and likely has an $800 car note posts this. Imagine thinking the amount of cash you have on hand equals how wealthy you are.
Posted by roadGator
Member since Feb 2009
140548 posts
Posted on 3/23/24 at 8:46 am to
He can’t use the shares to secure the bond.

Besides, he just said he has the cash to pay it. He will be fine unless one doesn’t believe him.
Posted by RogerTheShrubber
Juneau, AK
Member since Jan 2009
260669 posts
Posted on 3/23/24 at 8:46 am to
quote:

Trump is broke


Hes not broke. Not close to being broke.
Posted by P2K
Nevada
Member since Sep 2022
728 posts
Posted on 3/23/24 at 8:58 am to
quote:

Do I like Truth? No… it’s not for me, but millions and millions and millions of people love the platform.


You’re full of shite if you actually believe this.
Posted by LSU Patrick
Member since Jan 2009
73511 posts
Posted on 3/23/24 at 8:58 am to
quote:

Over under on how long it takes for DWAC shares to crash? 6 mos?


You are going to be so disappointed. Please post your melt here.
Posted by GusAU
Member since Mar 2014
3657 posts
Posted on 3/23/24 at 9:07 am to
quote:

Over under on how long it takes for DWAC shares to crash? 6 mos?
I’ll take the over.

If you win, I’ll life ban.

If I win, you will stop molesting children and just go away to concentrate on your transitioning.

Posted by redandright
Member since Jun 2011
9619 posts
Posted on 3/23/24 at 9:14 am to
quote:

Trump is the most popular man




Everybody I know loves him!
This post was edited on 3/23/24 at 9:15 am
Posted by Flats
Member since Jul 2019
21793 posts
Posted on 3/23/24 at 9:27 am to
quote:

I don't think that guy knows the definition of popular.


A lot of them don't. They confuse it with "polarizing", which is objectively true by any measure, but they'll downvote you and ree the hell out if you remind them.
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