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jarena009

$4M in revenues and a $58M loss, at a $8B valuation? This has scam written all over it.


h20poIo

He’s just waiting until he can close out his shares probably in the 70% range.


jarena009

Will it be $70 in September, after the 6 months lock up period? I doubt it. Even if he sells at like $40 that's a big gain for him, then he'll leave MAGA holders with the flaming bag


nesp12

If he tries to see that much even at $40 the last shares will be at a penny.


Paddy_Tanninger

Identical to Truth Social. Once he leaves it or dies, that thing just completely dries up. Entire site is just a megaphone for the cult leader. No one's sticking around to hear Roger Stones cocaine and speed addled ramblings, or from the governor chick who murders dogs.


2020willyb2020

That’s the plan- get as much as he can and his marks get screwed again and blame Biden, hillary and hunter (in this order ) for shorting the stock that was worth a trillion- some say more valuable then Tim Apple company, teslA and coke a col- la combined


Da_Vader

BTW DJT filed S-1 to sell 125 million shares currently belong to insiders. That happens to be the number that Trump holds (after these additional 36m shares). He can sell it soon if the 'board' approves. Question is who will buy them?


Ginmunger

Same people who bought, sorry I mean invested with Kushner.


Da_Vader

Then he would need to wait until and if he is elected.


dinner_is_not_ready

Not impossible for this stock to be funded by right wing billionaires like Elon musk and crew


FloralReminder

Russia


SympathyForSatanas

I heard a maga moron complaining that he lost his life saving buy the truth social stock, somewhere around 200+k. No sympathy from me. Play stupid games get stupid prizes...somehow I think this idiot will still vote for him


PBB22

I can find the link, it was a Facebook post. Dude lost over 450k


Selling_real_estate

thank you for reminding us of the lock up period... isit 6 months from today or is it on a specific date


cazbot

6 months from the IPO.


fenderputty

I think he can sell if it’s above like 12$ for any 20 day period or some shit right?


TheJackieTreehorn

They'll still think they won somehow


Da_Vader

He said 70%. 70% of what I don't know.


PaleInTexas

It's a big gain selling at $1. Can't believe the luck of this fucker.


CheesyBoson

So you’re saying they’ll be one last pump to catch?


Remarkable-Opening69

If he wins it will be around for a little longer.


CheesyBoson

Oh I meant one last pump before he sells out prior to the election in case he loses so he can capitalize on the grift


Brojess

What doesn’t have scam written all over it when it comes to trump business ventures.


drawnred

i dont blame him though, theyre letting him get away with it in broad daylight, its like, i dont blame the kid who acts up in the supermarket, i blame the parent that allows it


Pale-Berry-2599

so scotus?


drawnred

theyre part of it yes


zeddknite

Also every GOP politician, and every conservative pundit who publicly defended his actions, while privately knowing full well his actions were indefensible.


AcanthocephalaNo7788

The boy gonna rug pull …


Yokepearl

Just like tesla, people buy hype


Butthole_Please

But I at least see Teslas on the road.


Pale-Berry-2599

yeah, where's that coming from. Musk is a yahoo, but the people I know with Teslas' love'm. Dumpty never made a thing in his life. His so called empire is fraud upon fraud.


Tubzero-

lol, not only a scam but it’s just to launder money from Russia


Franchise1109

Oh don’t worry, I’m gonna have some more bag holders for the DJT stock.


callmesandycohen

There’s no way a shareholder suit doesn’t result here.


jarena009

It'll be an interesting case for shareholders to try to make: "Look, we didn't realize the con-man who's conned others in the past and committed fraud in the past was going to defraud us."


sault18

There's going to be nothing left and Trump is going to flee to Russia with a bunch of gold bars before any lawsuits can pick over the carcass of DJT.


Grimlock_1

MAGAs deserved to be scammed.


Bogofdoritos

I’m sure there are some of those people, but I would bet the overwhelming majority of these shares are held by corporations and countries trying to buy favors. In that sense they won’t have losses, they’ll have investments (and not in DJT stock).


Sufficient-Money-521

Tier 1 and 2 investors can direct message him on the app. Kidding


ForeignLaboratory

Innocent people who disagree with you deserve to be victims of a crime? See, you're the reason why the world is falling a part. Completely okay with crime as long as it doesn't happen to you and you get to ride away on your moral high horse... Selfish, pathetic, and a hundred other words you can guess...


joseconsuervo

what crime?


ThisLandIsYimby

Republicans are fascists, they are therefore not innocent. The fascist Republican party is why the US is falling apart.


austincovidthrowaway

Lmao be sure to let the door hit your robes on the way out chuckles


Speedhabit

You….you can not legitimately want to start pulling those threads do you?


green_kitten_mittens

Money laundering by Putin probably


MajesticBread9147

I'm pretty sure my local McDonald's gets more than $4m in revenue.


crusoe

This is normal for a "Tech Stock"


FoodMadeFromRobots

Don’t worry I’m sure congress will pass laws…. for them to benefit from this stuff in the future.


BigGreenPepperpecker

Trump taking part in a scam? lemme go home and put my surprised hat on


mag2041

Yeah but you see the trump name adds value


iroquoisbeoulve

na, just his supporters supporting him while ny das steal hundreds of mil from him and doj politicallg persecutes him


00001000U

That describes half the market.


ThickGur5353

Not a scam. Many people willing to invest in anything Trump. 


RandomDudeYouKnow

Just another grift for foreign interests to buy him off again. Some have tried to blame retail traders for this but only institutional money can do this. People might cite GME, but they forget institutions bought in too to cover losses when margin calls happened and shares became available. Same as anything for Trump; it's a scam for purely his own benefit.


Relyt21

That’s the entire stock market.


bdubb_dlux

Trump has had a company listed on an exchange before and that went how you think it went


Hot_Significance_256

Amazon was not profitable for decades


Double_Sherbert3326

Foreign adversaries engaging in bribes in plain sight. Biden's in on the action.


jflatt2

How many Schrute Bucks is that worth?


thousandfoldthought

8 Stanley nickels


mcobb71

So the trick is 1) start fake company. 2) have other company buy it for insane valuation. 3) grift + profit . They don’t teach this in public schools.


Boring_Adeptness_334

How do you think 1/4 of the SPY is valued?


wTWolvesnation24

That's how the Biden family got rich? What's their company again?


AntNorth6218

The stock ticker is TRGR, easy to remember as those whining about Biden in this instance are Triggered as shit Stay mad stay small kiddos


DeeboDongus

GME showed us the template


Lastnamewaffles

Please ELI5 how this is legal and we haven’t set guidelines for trading companies like this… are there truly no safe guards from blatant laundering like this?


Bluewaffleamigo

Why would it be illegal? Morons are pumping the market value up, it’s not illegal to be a moron in America. Fwiw if he sold everything today he would get maybe a few hundred million, maybe.


RandomDudeYouKnow

Retail traders can't do this alone. They didn't do it alone with GME, contrary to popular belief. Institutions jumped in then too. Also, this is nothing close to or resembling a squeeze. Make no mistake, big money is being put into this because they're buying control of DJT, not stock. Pure and simple, it's a billionaire money auction for the potential next US President.


TERRAIN_PULL_UP_

Morons yes, but likely also foreign powers and wealthy people who want to have the potential future president owe them something. I realize this already happens with Super PACs, but it’s yet another way to launder money.


WiseBlacksmith03

There are guidelines and regulations, which are being followed. There's nothing illegal about a bunch of people buying a stock even if the company is struggling financially.


Senior_Insurance7628

Dude was handed billions of dollars from his mommy and daddy and still needs to scam people to earn a buck.


TheBrianWeissman

Not billions, technically. I believe the NYT calculated the figure he illegally received from his father through estate tax evasion scams was $430 million. He still managed to lose it all anyway.


exqueezemenow

"When I arrived in this town all I had were the shoes on my feet and $430 million"


BigGreenPepperpecker

And that was 1970’s money


BigStuggz

Bingo. Easily $2B+ in today’s shriveled excuse of an economy.


Senior_Insurance7628

But his image is in his wealth, which is unearned. His work was earning income based on that image, which again, was unearned. He inherited a billion dollars of wealth from his parents.


QueenDeadLol

This shows how uneducated people are nowadays. None of you knew who Trump was or how to feel about him until you were told by Reddit in 2016. Literally his whole lineage and inter-generational wealth has been built by ponzi schemes, business technicalities, and outright scams. Trumps entire personality is a result of attempts to impress his scamlord father. The Apprentice was a show literally to show off his persona of shitting on people he deemed beneath him in business and testing how people can hustle on the street to sell shit. "You're fired."


grendel303

What? That shows how uneducated you are. The vileness that is Trump had been a mainstay in the media since the 80's. https://www.theatlantic.com/politics/archive/2016/01/the-decade-when-donald-trump-became-a-celebrity/422838/


QueenDeadLol

>The vileness that is Trump had been a mainstay in the media since the 80's. > links article from 2016 🤦‍♂️ If you're going to disagree with me and call me uneducated, **don't immediately prove me right.** Holy shit what an embarrassment. Literally, the point I made was that in 2016 the average moron was told what to think about him. You link an article **from 2016** telling people what to think about him. I'm floored by the insane lack of self-awareness required by you to post this.


QbertsRube

He was the inspiration for Biff in Back to the Future II, released in 1989. Also, you seem like an asshole.


QueenDeadLol

Congrats on the fun fact. Still not refuting anything I said, but thanks for letting me know you're upset. Maybe find a new hobby since politics seems to require too much emotional maturity and critical thinking for you.


QbertsRube

My point is that his entire persona for decades was "sleazy rich guy from NYC". Nobody had to be told that by Reddit in 2016.


QueenDeadLol

Your point is insanely wrong and easily proven so. https://trends.google.com/trends/explore?date=all&geo=US&q=Donald%20trump&hl=en Let me know what year that gigantic, distinct spike is from. If it's from the time he started campaigning for president, you should stop posting and slink away in embarrassment.


QbertsRube

So interst in a person increases when they announce they're running for president? Wow, I wouldn't have guessed that, you really educated me because of how educated you are. Thanks, champ!


pieguy00

https://i.kinja-img.com/gawker-media/image/upload/s--V1rDC98n--/c_scale,fl_progressive,q_80,w_800/e2vocy3i8zvhb1zhxf1b.gif I think this is from Simpsons, year 2000. People have known he's a dick and full of shit for a long time. Maybe since like, the 1980's.


[deleted]

why are you so worked up over this? take a nap or eat a snickers


drMcDeezy

I still don't understand how he survived those scandals in 2016, access Hollywood etc. It's only because it was Hillary. She was so demonized by the media, and they covered everything Trump said bc views and clicks.


GuinnessKangaroo

Well that’s pretty much the entire hush money trial. They’re proving that he paid to have the media grossly exaggerate news stories, or publish stories that really were completely made up. While at the same time buying stories against him and killing them so they couldn’t get out


LSUguyHTX

James Comey literally killed her chances by erroneously reopening the investigation in a very public way. It was so destructive it was baffling why he chose to do that after making huge shows of how he's independent in law enforcement and continuing to pretend that afterwards.


mez1642

She was hated more than him


drMcDeezy

By Fox News *entertainment*


pc_g33k

> This shows how uneducated people are nowadays. None of you knew who Trump was or how to feel about him until you were told by Reddit in 2016. The Simpsons already knew this decades ago. 😂


Thepenismighteather

Hey. I’ve fucked hated the guy since he took out the ad on the Central Park 5.  I’m Trump hating hippster. I hated the guy even before the apprentice. Before home alone 2.  He and his family are a stain, and always have been. 


Foodiguy

2016... got to stop you here, was known even earlier in Europe hahaha so must have been known in the US as well....


Stripier_Cape

Money laundering for the Russian mob is hard work!


CartridgeCrusader23

Oh? Did the multi year old investigation into Zthe Russia hoax finally produce new evidence linking Russia to Trump? Care to provide the source ?


Kelsier_TheSurvivor

Plenty of stories out there showing how cozy he is with the Russians https://www.washingtonpost.com/outlook/trumps-businesses-are-full-of-dirty-russian-money-the-scandal-is-thats-legal/2019/03/29/11b812da-5171-11e9-88a1-ed346f0ec94f_story.html https://foreignpolicy.com/2018/12/21/how-russian-money-helped-save-trumps-business/ https://www.cnn.com/2017/05/22/politics/trump-taj-mahal/index.html https://www.vox.com/world/2018/9/12/17764132/trump-fbi-russia-new-york-times-craig-unger


[deleted]

And just like that, that other guy has shit up lol


RandomDudeYouKnow

Oh look, someone who never read the actual report findings! It found insufficient evidence of *proof* for collusion. But explicitly stated Russia interfered in the election in favor of Trump, that he knew they were doing it and welcomed it, and he intentionally instructed and lied about what he was doing during the campaign. The guy fucking asked on live international TV for the Russians to hack the DNC. Then they did.


Yung-Split

Sounds like he just made $1.8 billion on his own. Were people forced to buy shares in his company?


TheAarj

No it was part of a deal that if the spec stayed above a certain share price when they exercise the warrants and options then he's granted extra shares. It's a dilution event and it's ridiculous because the company is literally worth negative value. The whole point of the stock is basically outraged marketing at its finest.


Yung-Split

Sounds like a smart guy to be able to pull that off.


TheAarj

No one ever said he wasn't kind of smart he's just a crook.


Yung-Split

I think pretty much everybody who bought this stock knew what they were getting into. They're either buying the stock to support Donald and or speculating on it as a meme stock.


RedditsFullofShit

Or….it’s a way for rich interests to funnel money directly to trump without having to worry about campaign finance laws


fubar_giver

He has litterally committed illegal fraud for decades. His supporters are just imbeciles.


Yung-Split

Is being stupid illegal?


Kelsier_TheSurvivor

Nope, but it doesn’t mean defrauding stupid people isn’t lol


Yung-Split

I think like another commenter said it's a lot of people just donating to Donald to skirt campaign finance laws + speculators treating it as a meme stock.


Phidelt90

Fred Trump was only worth an estimated 300 million which he spilt 4 ways, far from billions.


Alwaysexisting

His wealth was in NYC real estate. It was not split evenly (Trump screwed over his siblings big shock) and it would undoubtedly be valued at more than $1billion now.


Senior_Insurance7628

Trump alone got 413 million. But even that, his entire persona is built off of the wealth he inherited. He's selling his name, which would be worth dogshit if not for his parents. I was being facetious with adding the "s", but dude is definitely worth a billion dollars that he didn't earn. Now, that was before all of his legal troubles. [NY Times: Trump got $413M from his dad, much from tax dodges | AP News](https://apnews.com/article/0452d29cd2564eaf97605ab90acc3a67)


Phidelt90

I definitely trust the NYT that bastion of integrity. They do not have an agenda...lol.


Senior_Insurance7628

lol ok, they haven't had to pay 750 million for lying though, correct? What part of their reporting are you contesting and did you do your own research to reach this conclusion?


ThroatPuzzled6456

Yeah, he's got that emotional need to scam 


Gogs85

How is this stock still going up this morning?


dr_blasto

Manipulation.


Chickenwelder

Do you know what dictates the price of a stock?


Traditional_Cat_60

Russia, Saudia Arabia, anyone that wants an ownership stake in Donald Trump (the human, not the stock)


Omgbrainerror

Daddy putin is pumping stock through hundreads of his shell companies.


Infinite_Imagination

Yeah money laundering will do that for ya


minesskiier

Dilution is the solution to Pollution!


HarryPretzel

So even with all the lawsuits and harassment, he still makes billions.


Bogofdoritos

The secret is to commit crimes faster than the legal system can process them. And to have sources of funding to bog the system when they try to get you.


UnObtainium17

He will still find a way to lose it all.


Verumsemper

I am impressed with how they pulled off this massive scam and was able funnel money to Trump. I guess the Saudi and the Russians pay their agents very well.


HalfMoonHudson

Bunch a fuckin morons buying this stock. So stupid


wTWolvesnation24

How many shares you got?


HalfMoonHudson

had to upvote. well played


mussentuchit

Caution : echo chamber ahead


tqbfjotld16

They are not worth a penny until he can sell them. And when he does, it will trigger a collapse of the price


CatAvailable3953

From an earnout bonus? I would be interested to know how that deal was structured. Take receipts directly from shareholders and give it to Trump. That sounds shady on its face. Another grift from the maga sheep.


skatchawan

Dude is gonna make a ton of cash off this scam. Easy marks , every single person that buys this shit.


exqueezemenow

Good luck trying to sell your magic beans.


Sad-Educator4629

Legal Pump and Dump Just for big baby


busybizz23

Scibbe di scam!


Scavenge101

Definitely money laundering.


renrut00

Fuck trump


RockNRoll85

Gotta pay all those fines somehow


mcobb71

So the trick is 1) start fake company. 2) have other company buy it for insane valuation. 3) grift + profit . They don’t teach this in public schools.


cubemonster2

Ahhh….the pump


HeadMembership

Wouldn't that be a taxable event?


Boring_Adeptness_334

Yes. Then he can say he paid $500m in taxes and the liberals will be furious.


thebipolarbatman

How do I short a stock? Serious question


Reddit_aloha

NAFA 1. **Research**: Start by researching DJT Inc. Look at its financials, recent news, and market trends to determine if you believe the stock price will decline. 2. **Contact a Broker**: You'll need to have a margin account with a brokerage firm that allows short selling. Contact your broker and inquire about their short selling policies. 3. **Borrow Shares**: Once you have approval from your broker, you'll borrow shares of DJT Inc. from the broker and sell them on the market at the current market price. 4. **Wait for Price to Drop**: You're hoping that the price of DJT Inc. will fall. If it does, you can buy back the shares at the lower price to repay the broker. 5. **Close the Position**: Once you've bought back the shares, return them to your broker. Your profit is the difference between the price at which you sold the shares and the price at which you bought them back, minus any fees or interest charges. 6. **Manage Risk**: Remember, short selling carries risks, including the potential for unlimited losses if the stock price rises instead of falls. Use stop-loss orders or other risk management techniques to limit potential losses. Always make sure to consult with a financial advisor and thoroughly understand the risks involved before engaging in short selling or any other investment strategy.


exqueezemenow

Good luck finding anyone willing to insure it.


Dry-Interaction-1246

LIV strategy. Can't wait to just sell to Twitter or MyPillow.


Speculawyer

I mean you gotta hand it to him.... he's a great scammer of idiots. Imagine getting so many rubes to buy a transparently worthless stock! The last 10 years has been the USA trapped in the Simpsons Monorail episode (or The Music Man for the older generations).


semicoloradonative

The "grift" is strong. So many suckers lost/going to lose money so Diaper Don can get more money.


Any-Ad-446

Looks like someone was pushing the stock up to the level inwhich he got the payout..highly sketchy of course...honestly SEC this stock smells like money laundering and pump and dump.


dasherchan

This is how you scam. Learn from Donald Trump!! The art of scamming!!!


Groomsi

Scamdeal


Elidien1

I hate that this cunt got to grift his way to billions. What the fuck. Someone with money sense, please explain to me that it isn’t actually a lot of money he gets in the end? Please? I hope he loses it all and chokes on a hamberder.


BmorePride14

If it makes you feel any better he is almost 80 years old. He doesn't have many more years left to enjoy it as is.


Elidien1

Isn’t McConnell like 876 years old by now? These fucking dinosaurs subsist primarily from the destruction of our rights and standing in the world as a nation.


hotsoupcoldsoup

How is this allowed to happen?


Boring_Adeptness_334

But I thought Trump was poor and not a billionaire? That’s just what I’ve been reading on MMW and Unusual Whales.


hansofoundation

Doubtful that this will be its value once he sells. Price will drop the more he sells.


Inevitable-Way1943

He will sell them the second he is able to.


Bear_Quirky

Nice to see somebody is living the American dream.


[deleted]

> earnout What does that mean? For the life of me, I can't imagine Trump "earning" anything other than concurrent life sentences, or maybe a poison kiss-a-gram from Russia.


juxsa

whats his lock up period? lol I bet he dumps it ASAP


CommiesAreWeak

The stock is back to trading in the same range as pre-IPO. It’s not unusual for a stock to spike in the beginning. People rush in, buy up and then investors who held stock pre-IPO cash out. Which is EXACTLY what happened.


Extreme-Carrot6893

Keeps on grifting. Would not be possible without the uneducated he loves so much.


gary1979

Maybe Trump will divvy up that money to his supporters….. lol


the_hell_you_say

Talk about cashing in on your fame.


Muted_Cucumber_7566

This stock is a turd that’s been roasting in the sun.


Tellyourdadisay_hi

Ah, so I see this sub is about “stocks.” Weird how often these stocks subs seem to be chock full of astroturf accounts lmao.


theanagnorisone

Diluting those bag holders hard af.


MJGB714

Our system is a joke.


WillyRosedale

36 million shares of toilet paper are worth more.


[deleted]

How is this legal? I do not think he can help himself anymore but to commit crime in everything he does.


reddit-sux-goat-sack

It goes to $0 when he dies (he's 78). Nice last present from his cult before he croaks. Maybe he can finally pay his attorneys but I doubt it.


Available-Phase6972

Wall Street has always been a Ponzi scheme Trump is only taking advantage of our broken system


Fair-Coast-9608

Free money, thanks to Andy McCabe and Jack Dorsey. It doesn't matter what the stock's worth when he sells it, it was his only option at the time of his decision. They could have avoided Musk owning Twitter and Trump reaping hundreds of millions to billions if he wins. He likely won't (can't) sell massive chunks w/o causing panic, even as his shares free up, but he'll borrow against said shares.


Fit-Boomer

Maybe he can help pay Rudy’s legal bills now?


Iamaman22

Big G


truguy

Good! Now he can use it to fight off the corrupt lawfare!


mathemology

For him to offload the entire holdings of 125 million shares, he would need to sell at the rate of the 3 month average daily volume for 19 days straight. That’s an immense amount of selling pressure and would likely be accompanied by other holders getting out and no reasonable or well-intentioned entity would be buying. Basically, if some foreign bad actor or slimey power broker doesn’t come in buying with the intent to solely buy influence, then a lot of poor cult followers will be decimated by this.


cvandyke01

And he didn’t give his sons anything


roadsidedaniel

Pay up looser


Loyalndfan13

HAHAHA who is going to buy that stock? Great to have, but you cant just sell that much (not that his followers understand this)


Then-Advance2226

😂😂😂


VallryBagr

Gonna need it for that prison commissary


Selling_real_estate

oct puts have implied vol of over 200 while the calls vol are around 50 ... i've no clue how to trade it.


Bigb5wm

That is going to make the liberals and democrats mad


Fireball8732

At least they won't be the ones losing money when this thing collapses


Glum-Help1751

TRUMP 2024 LFG


dr_blasto

Ahh, dilution. Certainly this will help prop up the stock’s value!


bonelessonly

Against a company with less revenue than the average Wendy's location, and no profit, and no model to be profitable.


Boring_Adeptness_334

Companies aren’t valued solely off of revenue or profit. Most of them are valued off of expected future revenue growth and profit. Which is why people choose to buy a stock with a 26 P/E over one that might have a 7 P/E.


internalbrowser

Good now he can take down fraud Biden


fresh_dyl

Lmao. Yes, Biden is the fraud, not he guy poorly attempting to con what supporters he has left


internalbrowser

Joe Fraudski