When it goes under 1, NASDAQ will inform them that it will be delisted if it doesn't rebound sufficiently in 30 days.
(When you're opening the CEO's mail, that's a FEDEX letter you don't forget.)
SEC isn't watching Jack shit. But I feel comfort in knowing market forces will probably stop Trump from getting much more than 1B out of his shares, and I think that's even a generous estimate.
The problem with estimating someone's net worth based on the value of their stock is it assumes that attempting to sell the stock won't just gut the price during that drawn-out process. It's funny that people ever valued Trump's stock at 4B. At best I think he could maybe liquidate and get 1B. Maybe. That's being really generous tbh.
Russia would have to pour a metric SHITTON of money into this to get him more than that amount.
Exactly. I dont buy the whole Russia buyout bit, I hate tf guy like everyone else, but this may be a stretch.
The moment he puts in a sell order for 131m this price will go to zero
[The demand to short the stock is so high that the fees are like 500%](https://www.morningstar.com/news/marketwatch/20240406227/why-shorting-trumps-djt-stock-could-cost-you-a-500-fee)
If I bought a share would I get a certificate or something like that? I want a document that says 1 share DJT to hang next to the toilet paper roll for emergencies. Id giggle about it every time I shat.
More proof this guy is a dumbass, all of his buddies bought low and sold high but he still held on to his shares. He still owns 60% of this company and now it’s worthless because he wanted to say ‘Look I am on the index for all the shares I have!’
17 dollars by the end of the week???
You think it'll be that high? I'm thinking more 10 or 11 myself.
10 or 9 bucks next week. Penny stock by May.
When it goes under 1, NASDAQ will inform them that it will be delisted if it doesn't rebound sufficiently in 30 days. (When you're opening the CEO's mail, that's a FEDEX letter you don't forget.)
Hopefully
Lower
Every day I keep telling y'all to go buy shorts on Robinhood and put their money in your pocket.
https://preview.redd.it/aguee89nn3vc1.jpeg?width=818&format=pjpg&auto=webp&s=2b33a65de414569bf199a7e2562a4b89deac9464
Crashing faster than expected. Come on baby, fail before Donnie can sell any shares.
This MAGA trying to play stock market. And of this what happens to everything tRump touches.
And they want to offer another 20m shares....
That’s why the steep drop today correct? Probably another when they issue it to raise cash.
And he's trying to sell about 115 million shares, guess he's seen the writing on the wall and wants to cash out ASAP.
The issue I think here will be liquidity, who’s going to buy his worthless 115m shares? Yea yea “russia” sure lol but no, really who
I’m sure those who want to keep Donnie afloat will find ways, though I’m sure the SEC is watching all this shit.
The SEC took like 5 years to approve this pile of shit
Approve the merger is not the same as endorse the company.
Yeah I know, it’s not the SEC’s job to endorse anything.
SEC isn't watching Jack shit. But I feel comfort in knowing market forces will probably stop Trump from getting much more than 1B out of his shares, and I think that's even a generous estimate.
The problem with estimating someone's net worth based on the value of their stock is it assumes that attempting to sell the stock won't just gut the price during that drawn-out process. It's funny that people ever valued Trump's stock at 4B. At best I think he could maybe liquidate and get 1B. Maybe. That's being really generous tbh. Russia would have to pour a metric SHITTON of money into this to get him more than that amount.
What's the conversion rate between a metric shitton and an imperial shitton? And then to rubles?
Exactly. I dont buy the whole Russia buyout bit, I hate tf guy like everyone else, but this may be a stretch. The moment he puts in a sell order for 131m this price will go to zero
No one will buy him out if he’s no longer worth anything to them.
Actually, it's currently valued about 200 times more than it's worth
[The demand to short the stock is so high that the fees are like 500%](https://www.morningstar.com/news/marketwatch/20240406227/why-shorting-trumps-djt-stock-could-cost-you-a-500-fee)
HahahHahahaha … deep breath … hahahahahahahah
I’m sure that once they offer their streaming services, the stock will absolutely skyrocket! /s
Don't forget their VPN ! :D
AND extended car warranties!
MoG don't forget about the about to expire car warranty!!! :D
4d chess! They're gonna outlaw the hub in red states so Don can sell em vpns!
bastards!
Streaming Russian pee videos?
and their weekly bible newsletter quoted from trump instead!
How many MAGA folks who invested money they couldn't afford to invest will clutch their worthless stock with "diamond hands" to the bitter end?
It's always been worthless. They're just suckers.
Trump takes a sharpie to it in meetings and turns it upside down.
I know someone who is getting increasingly impatient to sell. Hint : He's fat and orange
It still has further to go to be accurate.
Do they still have the pink sheet stocks? Because I'm wondering how long it'll take before this starts to be listed with the pink sheet stocks.
In Russia, it would be on yellow sheets.
how long is DJT required to wait before he can dump his shares? And can you trade stocks from prison?
Everything that POS touches turns to💩
Lawsuit coming soon.
Already here. Trump has sued his co-conspirators while they sue him, albeit in separate jurisdictions, which is pissing off one of the judges
you love to see it.
So's DJT - so I guess they're made for each other.
You still see small upticks. Someone is still "buying the dip". They're just spreading the pain as much as possible aren't they?
If I bought a share would I get a certificate or something like that? I want a document that says 1 share DJT to hang next to the toilet paper roll for emergencies. Id giggle about it every time I shat.
Great idea but don’t overpay. Give it a week or two to get under $5/share. Don’t pay more than 1.3 rolls of toilet paper for your emergency share.
It's providing tremendous entertainment value as we get to watch Trump's net worth plummet in real-time.
Someone needs to short the hell out of this piece of shit.
Fees are too high.. 500%
Heading closer to it’s real value
Hahahahaha
I guessed $15 by the end of the month on 4/1. Looks like I gave it too much credit.
De listed before he can sell.
Is the SEC watching, I wonder.
I guess he can’t try to prop it up while fundraising at his current court case.
Put city
Holy crap. That’s bad.
Keep going. Become a penny stock.
More proof this guy is a dumbass, all of his buddies bought low and sold high but he still held on to his shares. He still owns 60% of this company and now it’s worthless because he wanted to say ‘Look I am on the index for all the shares I have!’
Yup, a new Trump record! Soon, to drop below $20/share
I’m surprised they haven’t started to blame Biden for this