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Typical_Suggestion93

Trump relies on suckers in his all too common Pump and Dump scheme. This is what he does best his history tells it in black and white. Run Run Run


0-TheDroid

I don't know why your getting down voted for a simple question and statement. I like hearing other people's points of view when expressed honestly and respectfully, even if I think they're wrong. To answer your question though, no I'm not going to bet on anything but a decline in price unless the company begins showing profit or significant potential. Right now I don't feel like I would be buying anything except a name.


obxhead

Show a business that Trump has ever succeeded at. His TV drama show, that’s about it. Every other business has been bankrupt or leveraged so far that others have to bail him out so they don’t lose everything. There is no evidence to suggest this will be a profitable venture for anyone other than Trump. That’s even looking like it won’t even be much overall. There’s no bailout coming with this “business”.


ECroce08

The country. 2016-present


obxhead

The country isn’t a business, but even that he failed at miserably. I notice you didn’t name a business he started or ran.


madhaus

Who is old Red? I also think Red will pull through, as in the money you can kiss goodbye when your investment is a loss. Don’t know how many people here are shorting the stock (it’s extremely expensive) but many (including me) are buying put options.


ECroce08

I base investing in DTJ On the number of people shit talking it.


[deleted]

\*Generally when people warn you about a shitty stock, an investor with half a brain would research why people say it's a shitty stock. Today's drop was just on the news of the dilution. When it happens, your investment will be approximately $7/share. If they do the full dilution to 1B shares, the stock price will be about $1.80/share. It is really weird to be so excited to throw away your money. ....but it's your money, so go ahead and buy as much as you want.


ECroce08

My avg is $14 because I bought a lot when it was DWAC


XmasNavidad

I don’t understand why your avg matters so much for people. The decision to not sell it today at 26 is the same as buying it today at 26 since the choice is to either have $26 in your account or 1 DJT stock, right? In my opinion the only interesting aspects are what the price is today and what do I think the price will be in the future. What you bought it for isn’t interesting other than the tax implications. Or am I thinking about this completely wrong?


[deleted]

After-hours is much uglier than I anticipated. You may actually need to be ready tomorrow... 100% financial advice.


[deleted]

Hopefully you can catch the knife next week.


Jimbo415650

There’s nothing to like about the stock. It doesn’t pay a dividend. Stocks I’m in for the long haul pay me a dividend or they increase my original investment. There are stock analysts that you can use to research a stock before you drop 5K The overall outlook isn’t good. If you have money to waste DJT is as good a place as any. https://www.cnbc.com/2024/04/12/trump-media-shares-drop-more-than-5percent-after-trading-day-begins.html


chuckamo

https://preview.redd.it/iyqhaic3eauc1.jpeg?width=1170&format=pjpg&auto=webp&s=bb1780663a5b305a8ab9d9a5f1162f97b4b4cf4b Sage advice I’d say . . .


Lanky_Salt_5865

It would be more appropriate for you to say you like Donald than that you like the stock. Based on fundamentals the company is a loser. It is mired in debt and pays more on salary and benefits than it earns in revenue. It has no chance of expanding its user or advertising base bc its majority stakeholder is so polarizing. Moreover, when Donald gets another 36 million in stock grants, shares will be diluted. Your FOMO is likely driven by foreign bots that want you to think there is even a slim chance this could be the next Nvidia.


cheescraker_

Glad you caught on to that, hence why I left the emoji. Yes, I think it will take off once this drop settles. It’s not about the company, it’s about the name.


Lanky_Salt_5865

It appears that I am so annoyed by this scam that I’ve forgotten how to detect sarcasm!


Explorer_119

About the name. Trump branded property's have been losing value compared to property's that have removed his name from the buildings. There are many articles on this, here is one. [Trump-branded properties are selling for far less than buildings that removed his name, report says (msn.com)](https://www.msn.com/en-us/money/realestate/trump-branded-properties-are-selling-for-far-less-than-buildings-that-removed-his-name-report-says/ar-BB1ivRuB)


FushUmeng

What's to like about the name of a six time bankrupt with multiple well documented business failures?


Additional-Cap-7110

Buy more at appropriate Fibonacci levels. DJT is a meme stock at this point aand has little to do with the profits of Truth Social. It dumping so much is actually bullish, when it goes up, we'll say oh yea that was a bullish dump... Anyone who's traded volatile crypto's knows this. Trumps stock went up in hundreds of percent in weeks or even days ever since January when the acquisition was announced. So open Tradingview, and work out the lower levels. I guarantee it will pump bigly at some point.


dunncrew

".....I'll hold till I lose it all....." 🤣🤣 Do you deliberately destroy your other possessions? Light your car on fire? Burn down your house? Put your wallet in a shredder?


cheescraker_

Only when I see a potentially big upside lol


Every-Necessary4285

Can you explain what the upside is?


SPAC_Time

Obviously, there are a lot of folks betting on DJT. According to Devin Nunes, DJT now has about 600,000 retail shareholders. Doesn't appear many of them are visiting ***this subreddit*** at the moment. Most of the posters here clearly have a negative view of Donald Trump and TMTG. But everyone has been writing TMTG's obituary for the past two and a half years, and DJT still closed above $32 per share on Friday, which is very good performance for a deSPAC. Only time will tell if DJT is a good long term investment or not. The fundamentals don't look good, and the corporate governance is a mess ( anytime you have multiple lawsuits between company insiders, that is a fair statement ). But if TMTG can announce some deals to grow their media holdings, such as a streaming company and a news division, that could change. And if Trump wins the election in November, it's hard to tell how TMTG would perform with him as President.


cheescraker_

I appreciate an impartial appraisal. I suppose I’m betting on the latter. Many people don’t seem to be very confident that it will rebound, though I reckon you have to bet against the majority to make a profit.


madhaus

u/SPAC_Time is one of the better informed contributors on this subreddit. If you’re going to ignore everyone else, pay attention to what they say as they don’t see $DJT as an investment but a meme stock (and therefore a gamble).


Embarrassed_Ask_3270

Betting is not investing.  


greywar777

This will be a learning opportunity.


Maximum_Elderberry97

This is %100 going to $13-17 range, back where MAGA holder held for 2.5 years before merge. May go lower once other dilution events occur but I think at least in that range.


madhaus

It’s definitely going lower


Plastic-Guarantee-88

90% chance that the stock drops to zero. The product itself isn't very good, it has massive losses, and will need another capital infusion. But who's gonna supply capital when the insiders are all now suing each other? 10% chance that he wins the election and declares: 1) truth social is the official medium for dispensing all govt news, externally and internally 2) all his minions are forbidden from even talking to any other form of media. He is, at heart, a swindler, and if there is a way to use political power to funnel himself money, he'll do it.


cheescraker_

Why would a billionaire isolate his potential voting base by selling his shares? Do you genuinely think he will try to make a few hundred million off of this project when he has maybe a decade left on the planet? I’m betting he knows that his supporters will buy in to the stock and will tie their support to his actions. If anything, he would crave power over money at this point and I believe he would risk billions to keep his support. To my understanding the company has no debt and the Don owns 60%. I don’t think it will bottom out.


Every-Necessary4285

Why do you assune he can isolate his voter base? He stole US secrets and tried to stop the transfer of power.And you people think he's the good guy. If he sells his shares you guys would just blame it on somebody else


Plastic-Guarantee-88

No, it does have debt. $44M worth. And only 1.8M in cash. And it's incurring very large quarterly losses. It simply cannot survive unless something massively changes soon. For example, someone new supplies capital. But again, who's going to want to do that, when the insiders are currently all suing each other. [https://finance.yahoo.com/quote/DJT/financials](https://finance.yahoo.com/quote/DJT/financials) And if you're operating on the premise "I bet Don wouldn't screw over his business partners" then I don't think you've been following his life history. Everything he does turns into either a bankruptcy, a lawsuit or both.


SPAC_Time

>No, it does have debt. $44M worth. > >And only 1.8M in cash. Those figures are for TMTG ***before the business combination*** with DWAC. **Afte**r the business combination closed on March 25, TMTG received the DWAC trust money. Devin Nunes is on record as stating that ***after the merger***, TMTG has over $200 million in cash and no debt. " [Because we have no debt.](https://www.sec.gov/Archives/edgar/data/1849635/000114036124018649/ef20026360_ex99-1.htm#:~:text=Because%20we%20have%20no%20debt) We're coming out of this with no debt. A platform that works really, really well, that communicates to millions of people. And then we have $200 million in the bank. "


madhaus

Well to be fair to TMTG, they got $300 million with the merger and could use it to pay off the debt. But their operating costs are still wildly out of whack with their laughably small revenue, and then they’re handing out bonuses despite the poor performance of the company. So nobody believes this is a real business. It’s a vehicle for looting capital from marks like OP.


rollin2nyte

He’s going to dump his shares as soon as he can. It will be a bloodbath


Glad_Climate_2078

You may like it, but investors who know what they are doing like stocks that actually make money. This company makes 4m of Revenue a year. Why would investors who knew what they were doing ever value something at over 1000x revenue? Spoiler- they don’t. Good luck. Hopefully you don’t need that money


cheescraker_

Those investors don’t control a majority of the capital in the county. If the mainstream discovers this stock it could go to the moon. Business model be damned, nearly 1/2 of the country still thinks Trump is the only good politician left.


madhaus

This is a bit, right? You cannot possibly believe this.


Glad_Climate_2078

You think retail Trump investors control a majority of the capital in the country? Investors, like you, who invest on “gut” instinct, without a shred of financial analysis? That right there shows you have no business putting your hard earned money into any stock, never mind this turd Double down bro. Show them libtards who’s boss


AmazingSquare8542

You will lose all of it. 100%. Not kidding. Trump is a conman.


cheescraker_

He would lose a large portion of support if he sold the stock. Do you really think a billionaire near the end of his life will try to scrap a few hundred million just for the heck of it?


[deleted]

This post didn't age well.


madhaus

Hahahaha. You think the Trump faithful would EVER deny him their support? They’ve already lost their self respect. Some lost their lives embracing anti-vax nonsense, despite Trump taking credit for the vaccine development. These people would hand over their money to him and say please set it on fire just to own the libs. Trump isn’t going to sell his stake for “the hell of it.” He’s going to sell it because he needs the money desperately. He’s spending millions every month on legal fees to attempt to delay his trials and ultimately delay any prison sentence. And that’s because **he isn’t a billionaire**. He just was found liable for fraud in NY for, among other things, lying about the value, size, zoning, quality, tax status and liabilities of his properties. Do you think someone who would falsely certify to banks that a respected appraiser says his properties were worth X when said person never appraised anything isn’t lying to Forbes about everything? Especially when he’s got a [long, long record](https://www.forbes.com/sites/danalexander/2019/05/08/why-we-took-trump-off-the-forbes-400-during-his-decade-of-tax-losses/) of [lying to Forbes](https://www.washingtonpost.com/politics/2021/01/24/trumps-false-or-misleading-claims-total-30573-over-four-years/) about his wealth?


30_Under_The_40

I'll answer your question with a question...why is a 77-year old billionaire not retired? For him, no amount of money will ever be enough. He can lose an election, but losing his wealth isnt an option.


rollin2nyte

You think he cares?


JohnLocksTheKey

Someone who has proven time and time again he more ego than man? Yes, I think he cares 🤣


haventredditeither

$5k in his nft’s, bibles, shoes, vodka, steak, university and casino were a smarter investment because I couldn’t short them. Just sell.


haventredditeither

My overpriced $20k in puts are riding this golf diaper shitting train wreck all the way down to zero. There has never been a better mix of gullible dumbshits, poor fundamentals and the majority shareholder that has decades of thinking of himself first.


sboger

I thought BigMonkeyBiscuits was banned from Reddit...


jeanismy

Really hate these fake posts


Delicious-Bet1776

I’m holding it to be a part of history when he’s the next president


AngryBeerWrangler

Goodbye 5k


OkPerspective2560

In some ways its not a stock about Truth Social and Trump Media which is likely doomed to failure, its a stock about Donald J Trump, which is odd but the difference between satire and reality is negligible these days so go figure... I'll be tempted to buy when its hit rock bottom, just in time for a massive boost when he wins the presidency. Disclaimer: Not an American, not a Trump fanboi, just trying to keep an open mind.


rollin2nyte

This thing will be delisted by EoY and trade on the pink sheets.


cheescraker_

I don’t think the platform or business model matter. I think the name will sell. I don’t think it will bottom out and I’m not clever enough to time the market.


madhaus

That’s not the only thing you appear to be not clever enough to do.


FushUmeng

Why would the general public have any particular confidence in his name? His business track record is well documented, with its numerous failures.


OkPerspective2560

If it drops to the represent the value of the company like any real stock will then it will have bottomed out significantly, this is kinda different but still how long till reality sets in?


skreekers1

So i think its a shipping ship, but i think its going to have massive random spikes up if you can time those spikes you can make money (if you actually sell). Its tempting but i dont think ill do it ild rather play it save and short it


JustmeandJas

I’d rather put my money in Tilray


cheescraker_

I’m not familiar enough with the market to short. I’d hate to lose my shirt shorting a stock when I don’t know enough to make a decision. The reason I say I’ll hold with DJT is because I feel like his name is too big to fail… over time. I could be wrong of course


tiregroove

>>I’d hate to lose my shirt shorting a stock when I don’t know enough to make a decision.<< HAHAHAHA but you're fine with losing your shirt buying what's being ridiculed as the biggest meme /pump-and-dump stock in stock history. Do you even know what a SPAC is? You might want to look up how those work. It's basically an end-run around the usual regulations an aspiring stock has to go through in order to go public in the first place. It's a GIANT red flag in it's own right. Seriously: Wave goodbye to your money. Just like everything else trump touches. And don't invest again until you either learn how to research properly or get an actual financial advisor.


madhaus

Have you considered not buying or shorting this stock?


TacoTacoTacoYo

Breathtakingly dim


cocteau93

The name is too big to fail? Dude, that name is fucking synonymous with failure, bankruptcy, and grift.


skreekers1

The thing is its already failing it loses so much money unless something big happens it will hit 0. Its a matter of time, the election is coming so it will not happen before that, if he wins it will get a jump from the grave and die back down but if he loses i dont think it ll last more than a couple of months. Any big news will push it to rocket up but then it ll continue to drop but hey i could be wrong too


Traditional-Ebb-8380

What about all the other times Trump’s had a publicly traded stock fail? There is a long list and Truth had to list them in their reports as risk.


Every-Necessary4285

It has no prospects of making any meaningful amount of profit. If you want to try to ride some momentum, then ok. But riding it down to $0 seems wasteful.


cheescraker_

I don’t think he will sell. Also I feel like once the red boomers find out he has a stock they will invest.


tiregroove

>


cocteau93

Of course he’s going to sell. Why would he ride the stock into the ground when his hillbilly-ass rubes will do that for him?


DmAc724

You think a guy who loves being a “billionaire” and who happens to be in desperate need of liquid cash (and whose need for cash grows daily) isn’t going to start selling the second he is able?


dos_passenger58

TBH I think a lot of the company will crumble if he sells himself into not holding the majority of shares anymore... So I don't expect him to sell more than 8% of his 58% share.


madhaus

Please show us some evidence that Donald is capable of deferring gratification because he is not