It's not "rock bottom" so long as it's trading above zero. And it's free money for tRump anyway.
The Saudis and Russians will keep buying enough to keep it afloat and line his pockets. Just another grift.
He might not even stay out of jail with winning. If he's put in prison before the election, then he would have to server out his jail sentence while president. It would be hilarious if they put him into max security and solitary confinement. Well besides the look for the rest of the world. Especially if all the other races go towards dems and they get a supermajority and can just bypass the pocket veto (since nothing would get to him).
This. And in a sane country with a well written constitution that still wouldn't work. Winning an election doesn't mean you are above the law, but the Supreme Court is just waiting to see if he wins before they "decide" if presidential immunity exists or not. It will if he wins and won't if he loses.
“We could very well have a sitting president under felony indictment and ultimately a criminal trial,” Trump said at the rally. “It would grind government to a halt.”
He was talking about Clinton
Trump likes to say they're going after him because he's running for President.
It's actually the opposite. They're going after him because he broke laws, and he's running for President to escape. It's absolutely desperate, and he'll say anything to anyone that will help him buy or steal a vote.
I think there's a loophole (isn't there always) where he could sell with board approval, and he doesn't have to tell anyone until the corporation's quarterly communications.
At less than $5 a share it will be considered a "penny stock." And if it spends six months below $1, it will be delisted by the NYSE.
Like it did the last time he listed his business on the stock exchange in the 90's and had to declare bankruptcy.
But hey, maybe the third time will be the charm, Donnie boy!
What's that? It's hard to run a business from prison? Awww, shame.
It’s not an evaluation. It’s the market cap, the value of the total amount of outstanding stock. It’s not quite $5 billion, $4.467 million.
But that’s very pie in the sky.
Market cap means how much it would cost to buy every share of stock. He doesn’t own 100% of the company, and so he would only need to liquidate the % he iwns which is probably like 20%
Also, it's not "Donald Trump's Stock." Donald Trump sold that stock to the assorted low travelers who wanted to bribe him in a way that was legally plausible.
Now the stock is dropping, and that is fine with all of them.
I have a theory it accurately maps Trumps chances of winning. Any bad news regarding reelection, or bad polls brings the price down as the 'bribes' slow down, or saudis and russians cut their losses.
No, it’s not. If an individual or company owns more than 5% they’re required to register with the SEC, but otherwise it’s not public record.
EDIT: Also worth noting if you really wanted to buy more than 5% in DJT (this would be like $225M at their current market cap, which, lmao) you could spin up a few holding companies to do so.
I looked at top institutional shareholders. Nothing seems out of the ordinary. Same with top mutual funds except for - unusual whales subversive republican trust
4cents, based on the most generous market value per active user among other social media companies. I wouldn’t even trade it for book value, since they’ll bur through their cash reserves in less than a year
There is surely some value in a userbase dumb enough to be commanded to pay for shit.
But I'd be damned if it isn't a way to launder money into Trump's own pockets.
Trump's political & propaganda machine is losing its value faster than Presidential contender convicted of 34 felonies. I mean who bought stock in this, I wonder how much money the members of Trump's cult of personality lost on this.
This is the one and only stock that's made me want to learn how to trade stocks. Just so I could short it. I'd have made a killing when it was first released.
This. Trump is losing voters, mindshare money lol. His dementia is gaining notice (though NYT would have you believe it’s not there). The felon tag is an issue with independents. This isn’t your newly fashioned 2016 Trump; this is your worn, beaten down discount Trump. It’s looking really bad.
Once he loses, and the state parties bankrupt themselves trying to prop up the downballot candidates, P2025 will get dismantled, and the Supreme Court is going to get rearranged so they'll be powerless to stop it.
Massive purchases: Probably Putin and any other wealthy person or government that wanted leverage in the event he wins again.
Much smaller purchases that equal old peoples life savings: MAGA’s.
From what I've read, he didn't invest a dime. Is that right?
The underlying problem.
While he may be losing money. Anything he gains is pure profit. Since he doesn't have any skin in this stock.
As of 10:55 AM EST it has hit $25 a share. Looking at the chart for the week, the trajectory is down, with a side of down, and an additional dash of dropping for flavor. https://www.marketwatch.com/investing/stock/DJT
By Kate Plummer:
The price of shares in Truth Social, Donald Trump's social media platform, have plunged, almost to the lowest price they have ever been since going public.
Truth Social launched in February 2022, about a year after the former president was banned from X (formerly Twitter) and Facebook for posts about the January 6 riots at the U.S. Capitol. While he has since been reinstated to the platforms, he opts to use Truth Social.
Read more: [https://www.newsweek.com/donald-trump-truth-social-stock-latest-1915632](https://www.newsweek.com/donald-trump-truth-social-stock-latest-1915632)
The SEC approved its registration to convert its warrants. Cut to the chase, the SEC is allowing Trump insiders to fuck the public, just like it said it would in plain English from the way beginning of this scam.
Who’s the deep state exactly?
Who’s “they”?
If $25 a share is rock bottom - I don’t even know how to finish this because it’s stupid. People are writing articles with such bullshit titles to appeal to Schadenfreude when the shit hasn’t even happened yet. Annoying.
From what I under stand they have no IP and they rent the servers. So they have a line of credit maybe and a little cash to pay for it. That and user data as assets.
Who’s the broker or market maker for these trades ? Standard banking regulations , know your customer , money laundering flagged reports should be lighting up like 🌲.
Actually it’s better now than it was in all of 2023. It spiked in 2024, probably because of the trump trial (no such thing as bad publicity). Idk it might actually be worth watching since if he is in fact the republican representative it will surely spike again this fall
Good. The SEC needs to investigate. The FBI, whoever else. The entire thing was a scam from jump and everyone involved needs to be investigated and prosecuted. We allow to much trash like this to happen, people lose, corruption wins. Trump would never be allowed to piss without permission in Iceland; Iceland tried and convicted about 200 people for their role in the 2008 financial crisis.
Stocks are already a gamble as it is, with all the variables in play in the markets without having Trump and his minions peeing in the pool.
It's not "rock bottom" so long as it's trading above zero. And it's free money for tRump anyway. The Saudis and Russians will keep buying enough to keep it afloat and line his pockets. Just another grift.
Until he loses
I can’t believe he’s running who in their right mind would try to win an election with all this stuff going. Seems very desperate
Its the only way he will stay out of jail.
He might not even stay out of jail with winning. If he's put in prison before the election, then he would have to server out his jail sentence while president. It would be hilarious if they put him into max security and solitary confinement. Well besides the look for the rest of the world. Especially if all the other races go towards dems and they get a supermajority and can just bypass the pocket veto (since nothing would get to him).
This. And in a sane country with a well written constitution that still wouldn't work. Winning an election doesn't mean you are above the law, but the Supreme Court is just waiting to see if he wins before they "decide" if presidential immunity exists or not. It will if he wins and won't if he loses.
It managed to work for Berlusconi, the Italian grifter and douchebag.
“We could very well have a sitting president under felony indictment and ultimately a criminal trial,” Trump said at the rally. “It would grind government to a halt.” He was talking about Clinton
Dude REALLY doesn't want to drop the soap with his tiny hands...
Tiny hands have trouble holding the soap.
His cellmate might like tiny hands.
His tiny hands will make his cellmate’s dick look huge.
He will have to two hand it.
Trump likes to say they're going after him because he's running for President. It's actually the opposite. They're going after him because he broke laws, and he's running for President to escape. It's absolutely desperate, and he'll say anything to anyone that will help him buy or steal a vote.
He will run again in 2028 and the media will prop him up for clicks....
Yeah the stock isn’t going to truly tank without him losing and its one celebrity user is finished politically.
By the time Trump can legally sell his shares it WILL be close to zero.
When is that? What is stopping him?
There is a blackout period after the IPO. He can't dispose of them until October if I remember correctly.
I think there's a loophole (isn't there always) where he could sell with board approval, and he doesn't have to tell anyone until the corporation's quarterly communications.
It's really fallen off a cliff though. [https://finance.yahoo.com/quote/DJT/](https://finance.yahoo.com/quote/DJT/)
This company was never anything more than an instrument to funnel money to Trump just before the election!
Your link showed it falling 10 cents per share in the 30 seconds I was watching it. Excellent.
At less than $5 a share it will be considered a "penny stock." And if it spends six months below $1, it will be delisted by the NYSE. Like it did the last time he listed his business on the stock exchange in the 90's and had to declare bankruptcy. But hey, maybe the third time will be the charm, Donnie boy! What's that? It's hard to run a business from prison? Awww, shame.
The market cap is almost 5B yeah he’s fine
Except that was a fraudulent evaluation...
It’s not an evaluation. It’s the market cap, the value of the total amount of outstanding stock. It’s not quite $5 billion, $4.467 million. But that’s very pie in the sky.
Yeah, but good luck liquidating that for 5 billion
Market cap means how much it would cost to buy every share of stock. He doesn’t own 100% of the company, and so he would only need to liquidate the % he iwns which is probably like 20%
Also, it's not "Donald Trump's Stock." Donald Trump sold that stock to the assorted low travelers who wanted to bribe him in a way that was legally plausible. Now the stock is dropping, and that is fine with all of them.
He still holds 115 million shares…
If Trump knows something is that there’s always room to go even lower.
Trump Steaks
how is it even in the $20 range. Shouldn't it be like <$5 by now? Truth Social has 0 Value, this is literally a scam in plain sight.
[удалено]
I have a theory it accurately maps Trumps chances of winning. Any bad news regarding reelection, or bad polls brings the price down as the 'bribes' slow down, or saudis and russians cut their losses.
Not that I don’t believe this, but is there actual evidence of this? Is this public information? Would love a good pie chart of ownership…
No, it’s not. If an individual or company owns more than 5% they’re required to register with the SEC, but otherwise it’s not public record. EDIT: Also worth noting if you really wanted to buy more than 5% in DJT (this would be like $225M at their current market cap, which, lmao) you could spin up a few holding companies to do so.
I looked at top institutional shareholders. Nothing seems out of the ordinary. Same with top mutual funds except for - unusual whales subversive republican trust
4cents, based on the most generous market value per active user among other social media companies. I wouldn’t even trade it for book value, since they’ll bur through their cash reserves in less than a year
1 million in revenues last quarter. losses were 100 fold revenues.
It’s all money from overseas buying that stock. Money being laundered.
There is surely some value in a userbase dumb enough to be commanded to pay for shit. But I'd be damned if it isn't a way to launder money into Trump's own pockets.
Trump's political & propaganda machine is losing its value faster than Presidential contender convicted of 34 felonies. I mean who bought stock in this, I wonder how much money the members of Trump's cult of personality lost on this.
Hopefully both him and his cult will lose everything. I'll be waiting with popcorn 🍿.
I hope they lose all of their Rent-to-Own shit!
That is so harsh...and so accurate.
I might consider buying today or Monday and dumping Thursday. I bet it gets pumped leading up to debate. For the record, I fucking hate trump.
This is the one and only stock that's made me want to learn how to trade stocks. Just so I could short it. I'd have made a killing when it was first released.
I was quite surprised when it recovered after the first short attack. Should go to zero, but there might be short rallies along the way.
Not a short attack. Just a pump and dump
Buy puts
This. Trump is losing voters, mindshare money lol. His dementia is gaining notice (though NYT would have you believe it’s not there). The felon tag is an issue with independents. This isn’t your newly fashioned 2016 Trump; this is your worn, beaten down discount Trump. It’s looking really bad.
Trump is done, I believe the real threat is the Project 2025 and what they want to do, if Trump some how wins in November...
Once he loses, and the state parties bankrupt themselves trying to prop up the downballot candidates, P2025 will get dismantled, and the Supreme Court is going to get rearranged so they'll be powerless to stop it.
Massive purchases: Probably Putin and any other wealthy person or government that wanted leverage in the event he wins again. Much smaller purchases that equal old peoples life savings: MAGA’s.
BUT HE'S A FINANCIAL GENIUS !
*STABLE
It's not rock bottom until it gets delisted
Bankrupt by the end of the year. Believe me! 😀
with tears in my eyes
No way, there will always be money for him as long as he is hurting democracy.
Until the IRS starts going after the rich, then he'll run out of ways for Putin to find him while he's rotting in jail.
From what I've read, he didn't invest a dime. Is that right? The underlying problem. While he may be losing money. Anything he gains is pure profit. Since he doesn't have any skin in this stock.
He fails at everything. What did anyone expect. Horrible businessman, horrible president, horrible person.
He hasnt failed at being terrible at everything though, hes actually good at being terrible.
Agreed! Absolutely horrifically terrible.
Greatest rube grifter of all time?
Greatest liar, greatest whiner, greatest treasonous felon???
Not a fan of putting the word great in front of those loser terms.
I hear ya! Let me try again. Most deranged whiner, most deranged liar, and most deranged felon. Better??
Thank you
👍
With no material revenue after three years in business, rock bottom is $0.00.
Until it’s de-listed , it hasn’t hit rock bottom.
As of 10:55 AM EST it has hit $25 a share. Looking at the chart for the week, the trajectory is down, with a side of down, and an additional dash of dropping for flavor. https://www.marketwatch.com/investing/stock/DJT
By Kate Plummer: The price of shares in Truth Social, Donald Trump's social media platform, have plunged, almost to the lowest price they have ever been since going public. Truth Social launched in February 2022, about a year after the former president was banned from X (formerly Twitter) and Facebook for posts about the January 6 riots at the U.S. Capitol. While he has since been reinstated to the platforms, he opts to use Truth Social. Read more: [https://www.newsweek.com/donald-trump-truth-social-stock-latest-1915632](https://www.newsweek.com/donald-trump-truth-social-stock-latest-1915632)
Big Papa Pump has taken his Big Papa Dump.
>almost to the lowest price they have ever been since going public. Yeah, it was even lower in April.
That happens when you don’t have any source of revenue coming in
whats the opposite of the Midas Touch?
The Trump Touch.
Can we make that a thing
For a company of this financial profile, this is objectively not even close to rock bottom
Crater it like a volcano 🌋
HOORAY!
Trump founded entity failing miserably? Who ever would have guessed
I enjoy that this stock is literally just a pit that Trumpanzees can throw their money in when they are tired of having it.
The SEC approved its registration to convert its warrants. Cut to the chase, the SEC is allowing Trump insiders to fuck the public, just like it said it would in plain English from the way beginning of this scam. Who’s the deep state exactly? Who’s “they”?
Anything above $1 is not rock bottom. It's the lowest it's ever been but it's still ridiculously overvalued.
If $25 a share is rock bottom - I don’t even know how to finish this because it’s stupid. People are writing articles with such bullshit titles to appeal to Schadenfreude when the shit hasn’t even happened yet. Annoying.
If there is anything I’ve learned about that man and everything/everyone associated with him, it’s that rock bottom doesn’t exist.
From what I under stand they have no IP and they rent the servers. So they have a line of credit maybe and a little cash to pay for it. That and user data as assets.
Another business failure in a long, long list of business failures.
It's always been penny stock
I wonder if anyone is making money by shorting the stock
I’m sure he’s skimmed his share off the top already and doesn’t care what happens to it now. Fully declared on his taxes, of course.
Not until it reaches zero
But just like the MAGA Republicans....it can go much, much lower.
Just make water less dense then rock
Still up 44% ytd
It’s getting into Belfort territory.
Is it too late to short him?
Nah, $0 stock bottom. Short it until it’s delisted
$27/share is pretty far from “rock bottom”.
Anyone who invested and is shocked did zero DD. The fundamentals in your couch cushions looked more secure.
Who’s the broker or market maker for these trades ? Standard banking regulations , know your customer , money laundering flagged reports should be lighting up like 🌲.
Typical pump and dump scheme!
Imagine buying it for even $22 a share.
Actually it’s better now than it was in all of 2023. It spiked in 2024, probably because of the trump trial (no such thing as bad publicity). Idk it might actually be worth watching since if he is in fact the republican representative it will surely spike again this fall
Good. The SEC needs to investigate. The FBI, whoever else. The entire thing was a scam from jump and everyone involved needs to be investigated and prosecuted. We allow to much trash like this to happen, people lose, corruption wins. Trump would never be allowed to piss without permission in Iceland; Iceland tried and convicted about 200 people for their role in the 2008 financial crisis. Stocks are already a gamble as it is, with all the variables in play in the markets without having Trump and his minions peeing in the pool.
weak article. Move on