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WSJ - Trump Is in Line for a $3.5 Billion Windfall From Stake in Truth Social.

Posted on 3/22/24 at 10:42 am
Posted by Bunk Moreland
Member since Dec 2010
53055 posts
Posted on 3/22/24 at 10:42 am

quote:

Donald Trump’s supporters are pushing to hand him a nearly $3.5 billion windfall by driving up the value of his also-ran social-media platform, which is on the cusp of getting approval to list on the stock market.

Trump’s winning lottery ticket would come from Truth Social, the social-media platform he launched in 2021. After a twisted path that included tens of millions of dollars in losses and insider-trading convictions, the shell company taking Truth Social public became the market’s latest meme stock. Trump’s supporters banded together to push up the stock, valuing Truth Social to a staggering $6 billion.

LINK
Posted by Nonetheless
Luka doncic = goat
Member since Jan 2012
33001 posts
Posted on 3/22/24 at 10:43 am to
hopped on reddit and they're melting
Posted by loogaroo
Welsh
Member since Dec 2005
30390 posts
Posted on 3/22/24 at 10:44 am to
We all know he's going to get the last laugh in NY.
Posted by STLSU
Hallandale Beach, FL
Member since Dec 2004
14683 posts
Posted on 3/22/24 at 10:53 am to
quote:

staggering $6 billion


Pffft . . . Trump change!
Posted by SDVTiger
Cabo San Lucas
Member since Nov 2011
73291 posts
Posted on 3/22/24 at 10:57 am to
But but Truth Social was a failure

Such a horrible businessman
Posted by LSUfanNkaty
LC, Louisiana
Member since Jan 2015
11096 posts
Posted on 3/22/24 at 10:58 am to
You know that troll face looking frick of a judge is pissssseeeedddddd
Posted by LSU Patrick
Member since Jan 2009
73471 posts
Posted on 3/22/24 at 11:00 am to
I can’t get registered for some reason.
Posted by Kjnstkmn
Vermilion Parish
Member since Aug 2020
10537 posts
Posted on 3/22/24 at 11:07 am to
I’m all in on it: DWAC / DWACW .

Up bigly so far

NFA
Posted by lsuconnman
Baton rouge
Member since Feb 2007
2636 posts
Posted on 3/22/24 at 11:09 am to
(no message)
This post was edited on 4/21/24 at 11:12 am
Posted by TigerAxeOK
Where I lay my head is home.
Member since Dec 2016
24688 posts
Posted on 3/22/24 at 12:30 pm to
quote:

hopped on reddit and they're melting 

So, just another day that ends in "Y".
Posted by teke184
Zachary, LA
Member since Jan 2007
94905 posts
Posted on 3/22/24 at 12:32 pm to
Can he get the NY bond held back pending this listing?
Posted by Fat Bastard
coach, investor, gambler
Member since Mar 2009
72517 posts
Posted on 3/22/24 at 12:32 pm to
quote:

hopped on reddit and they're melting




REDDIT IS GARBAGE LIKE DU

anyone here who uses that shitstain of a site is a clown
Posted by Gifman
by the mountains
Member since Jan 2021
9237 posts
Posted on 3/22/24 at 12:34 pm to
But I was assured by Ronbots and leftist insects that Trump was a sorry businessman. Where y'all at?



Posted by Drizzt
Cimmeria
Member since Aug 2013
12853 posts
Posted on 3/22/24 at 12:35 pm to
Honestly this is the perfect way to donate to Trump by buying Truth stock. If it goes up, great. If it collapses you can sell at a loss and take the tax deduction. You can’t deduct political donations. Kind of genius actually.
Posted by LSU Patrick
Member since Jan 2009
73471 posts
Posted on 3/22/24 at 12:35 pm to
NYC is getting bitch slapped.
Posted by Oabafu
Wisconsin
Member since Jan 2022
637 posts
Posted on 3/22/24 at 12:42 pm to
quote:

NYC is getting bitch slapped.


And Letitia is a bitch that SHOULD be slapped!!

Posted by roadGator
Member since Feb 2009
139802 posts
Posted on 3/22/24 at 12:43 pm to
How is NYC getting bitch slapped?
Posted by Nosevens
Member since Apr 2019
10262 posts
Posted on 3/22/24 at 12:47 pm to
Because big investors are drawing lines and investment firm are talking divesting
Posted by roadGator
Member since Feb 2009
139802 posts
Posted on 3/22/24 at 12:49 pm to
Now that will be glorious.

NY money will be too tempting though.

Hopefully it hurts them in a big way.

frick Leticia.
Posted by bluedragon
Birmingham
Member since May 2020
6400 posts
Posted on 3/22/24 at 12:54 pm to
Investors and Corporations are telling NYS and NYC to "F" off. They can spend their money more wisely anywhere else.
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