I’m no financial genius but at least I recognize that the station Donald Bender kinda says it all. Losses for the past 10 yrs or so DOES mean that Cheeto skin’s enterprises are a good business opportunity for bankruptcy lawyers. The most puzzling part of this dynamic is the way some “business minded” people still think he wound do a better job of managing our economy, justifying that by calling him a “businessman “.
I'm glad you looked into this. It's hard to find any up-to-date information on this 'stock'. That 114 million share figure was what I came up with a month or two ago, and you showed it equals about 2/3 of the total company stock shares. And the short interest is significant, but hard to find. As far as I understand this, trump was gifted every share he has by allowing the SPAC organizers of this scam to use his name in their merger target. I can't wait to see what happens in Sept. when trump tries to monetize this by selling some of his shares. I think at that point any short position that had the fortitude to hold on will finally see the worm turning.
Great advice from your friend. This stock is irrational. You never know who's going to pour money into it. Putin, Mohammed bin Salman, King Jon Un, could be anyone. It only exists as a vehicle to buy access to, or kiss the ass of, Trump. But transparent bribery is so hot here in 2024.
Well said. DJT (the stock, not the "Designated Jizz Towel") probably has a par value of 2 mils (thousandths of a penny)
I’m no financial genius but at least I recognize that the station Donald Bender kinda says it all. Losses for the past 10 yrs or so DOES mean that Cheeto skin’s enterprises are a good business opportunity for bankruptcy lawyers. The most puzzling part of this dynamic is the way some “business minded” people still think he wound do a better job of managing our economy, justifying that by calling him a “businessman “.
I'm glad you looked into this. It's hard to find any up-to-date information on this 'stock'. That 114 million share figure was what I came up with a month or two ago, and you showed it equals about 2/3 of the total company stock shares. And the short interest is significant, but hard to find. As far as I understand this, trump was gifted every share he has by allowing the SPAC organizers of this scam to use his name in their merger target. I can't wait to see what happens in Sept. when trump tries to monetize this by selling some of his shares. I think at that point any short position that had the fortitude to hold on will finally see the worm turning.
The MAGAt Suckers will hold theirs until it goes to zero, but Drumph will get his millions.
Great advice from your friend. This stock is irrational. You never know who's going to pour money into it. Putin, Mohammed bin Salman, King Jon Un, could be anyone. It only exists as a vehicle to buy access to, or kiss the ass of, Trump. But transparent bribery is so hot here in 2024.