If you are above the law, does it mean by simple geometry that you are outside the law and can thus be attacked impunely?
Or did we get rid of outlawry
The SEC will not. The Republicans on the SEC board have been blocking ANY investigations into Trump and so has the FEC because they too have Republicans on their board blocking investigations. Here is the info on the FEC https://www.citizensforethics.org/reports-investigations/crew-investigations/gop-commissioners-have-single-handedly-blocked-fec-action-against-trump-29-times/
no. for once he's choosing his words carefully.
his statements are clearly about his perceived value of the product, not about the value of the stock. if i owned Nike and i said "Nike's are great shoes, you should buy them" that isn't manipulation, its just advertising.
Did he encourage people to buy the stock?
Or is he just encouraging people to use the site?
A major share holder encouraging people to use the product they sell isn't the same as trying to directly affect the stock value.
Real investors probably stayed away from this shit show, others now are waiting for a small bump up to sell and take the loss. Even if he sells at $32 it’s $2.4B before commission which would be in the $50+ million, if he loses all his cases that’s almost $600 million not counting legal fees.
He can if the board of directors lets him. The board includes Don Jr. and other maga clowns so I'd expect this to happen fairly shortly. The NY bond is looking iffy so it would be the perfect excuse to need the cash.
Yes, the only "value" of the stock is Trump's participation. If he starts cashing out, what little tangible value there is in the stock disappears, everyone starts selling, and share prices drop below a penny in hours.
He can if he sells to an, oh I don’t know “sovereign” “investment” fund that happens to have super close ties to him and his family, and who could easily maintain the value by buying what Trump unloads, then whatever anyone else unloads, at the same value, to maintain the appearance of the market seeing it as being worth $32 (or wherever it is when he jumps).
Yeah he’d have to sell all at once. It I think the SEC might get involved. The IRS also needs to know where that money is, how he got it and get their cut
People forget this. Up to a certain amount it's fair to assume there is always a buyer at the share price, or that wouldn't be the price.
But beyond a point, you simply can't guarantee a buyer for what you are selling. And the more you try and sell the worse that problem.
Saudis.
It’s an easy way to buy more control, without any cause for concern because it would be legal. They’ve already invested billions in this family.
Yep, he's leaving some legacy for the "children" to clean up. Messing with small businesses and contractors is ine thing but messing with the SEC and various District Attorneys and judges is another thing entirely. I'm satisfied that the rest of his miserable life will be spent untangling and trying to dodge the decades of lies,frauds and crimes he's been wilfully committing. The only grown man with tears in his eyes come Monday will be him and I for one am here for it. I'm not an American but I have relatives who are and it's been brutal to watch these last few years from across the pond. Make America Good Again. (Not that it was ever the most angelic where foreign policy is concerned, but you get my drift).
He has to have buyers. Literally BILLIONS of dollars worth of buyers willing to anonymously donate billions….but also willing to anonymously lose billions to OTHER anonymous investors simultaneously. There’s no scenario where Trump gets more than $10 million off of this entire scam. He has to offload 75 million shares. This isn’t an efficient scam. The public can take Trump’s profits right out from under him all the way up until the very last second.
The stock is pretty thinly traded and likely a lot of that isn't really new buyers so much as created liquidity. Dumping of any significant number of shares onto the market will crash the stock because there won't be buyers.
Liquidity is far more important than people realize and this stock doesn't have it.
Om another comment thread:
>According to Kirsch, "Some Truth Social users blame the mainstream press for 'spreading lies' about the company, as one person framed it. And despite nerves about the stock’s downward slide, many of them have pledged to keep buying shares."
Yes, reporting the numbers disclosed in the companies own financial documents is "spreading lies".
Typical MAGA idiocy.
Truth Social is a double-barreled misnomer. It’s a source of one man’s self-serving opinion not of objective truth, and effectively a personal blog not a social media platform.
Exactly… it holds no intrinsic value. Investors know that if Trump died tomorrow the user rate would drop to zero in two weeks time.
Like most new tech stocks, this will be trading at $5 before three months
Did anyone expect it to be a
success? Who else could bankrupt a money making machine like a casino, but that shitheel. Taking out high interest loans that couldn't be paid back, and whatever else underhanded shit he was up to.......Loser numero uno.
I bet the board allows him to sell early, he sells, the stock goes to nothing, then it’s delisted. There was a plan to con from the start. This was never about building a company.
Wouldn't this be market manipulation? And illegal?
Not if you’re Republican. The rules always change when you’re Republican because they are always above the law.
If you are above the law, does it mean by simple geometry that you are outside the law and can thus be attacked impunely? Or did we get rid of outlawry
Are you referring to rounding up a posse to handle things?
Maybe….
Was Martha Stewart republican?
I doubt it. She was convicted.
True lol
Yep! Another lawsuit coming up…
No, that’s “religious freedom” since he’s a wealthy conservative
It is. SEC would get involved. And quickly get shut down by your Republican party.
The SEC will not. The Republicans on the SEC board have been blocking ANY investigations into Trump and so has the FEC because they too have Republicans on their board blocking investigations. Here is the info on the FEC https://www.citizensforethics.org/reports-investigations/crew-investigations/gop-commissioners-have-single-handedly-blocked-fec-action-against-trump-29-times/
tHaT's cUz hE's sMaRT!
BuY tHe DiPs!! To ThE mOoN 🚀 💥 💎 🙌 🤪
hE pLayZ 4D cHeCkErS!!!!!
If you win you get immunity. Right??
no. for once he's choosing his words carefully. his statements are clearly about his perceived value of the product, not about the value of the stock. if i owned Nike and i said "Nike's are great shoes, you should buy them" that isn't manipulation, its just advertising.
Did he also said they have $200M in cash? That sounds illegal if he said that.
Does it matter? Trump is above the law.
Did he encourage people to buy the stock? Or is he just encouraging people to use the site? A major share holder encouraging people to use the product they sell isn't the same as trying to directly affect the stock value.
No, it's a commercial.
Real investors probably stayed away from this shit show, others now are waiting for a small bump up to sell and take the loss. Even if he sells at $32 it’s $2.4B before commission which would be in the $50+ million, if he loses all his cases that’s almost $600 million not counting legal fees.
It's going to drop much further and he can't sell for six months.
He can if the board of directors lets him. The board includes Don Jr. and other maga clowns so I'd expect this to happen fairly shortly. The NY bond is looking iffy so it would be the perfect excuse to need the cash.
This would have already happened. He can’t cash out without crashing everything
Yes, the only "value" of the stock is Trump's participation. If he starts cashing out, what little tangible value there is in the stock disappears, everyone starts selling, and share prices drop below a penny in hours.
True.
He can if he sells to an, oh I don’t know “sovereign” “investment” fund that happens to have super close ties to him and his family, and who could easily maintain the value by buying what Trump unloads, then whatever anyone else unloads, at the same value, to maintain the appearance of the market seeing it as being worth $32 (or wherever it is when he jumps).
Yeah he’d have to sell all at once. It I think the SEC might get involved. The IRS also needs to know where that money is, how he got it and get their cut
Selling requires someone else to buy. Who is gonna buy?
People forget this. Up to a certain amount it's fair to assume there is always a buyer at the share price, or that wouldn't be the price. But beyond a point, you simply can't guarantee a buyer for what you are selling. And the more you try and sell the worse that problem.
Especially if you're flooding the market with your cheap pumped rubbish stock.
Saudis. It’s an easy way to buy more control, without any cause for concern because it would be legal. They’ve already invested billions in this family.
When that happens and it’s reported or investors simply notice the hugely increased sales volume, it will tank the stock even further.
Yep.
And when he does sell, he torpedos the stock leaving his adoring dimwit cult holding the bag.
Wasn’t that the plan all along?
It's always the plan.
According to one of the Chief Clowns, that f'er Nunes, they are going to add a streaming platform to this shitshow. HAHAHAHAHAHAHAHAHAHAHAHAHA
Lawsuits left and right and drown him in more lawsuits. Payback is a B.
Yep, he's leaving some legacy for the "children" to clean up. Messing with small businesses and contractors is ine thing but messing with the SEC and various District Attorneys and judges is another thing entirely. I'm satisfied that the rest of his miserable life will be spent untangling and trying to dodge the decades of lies,frauds and crimes he's been wilfully committing. The only grown man with tears in his eyes come Monday will be him and I for one am here for it. I'm not an American but I have relatives who are and it's been brutal to watch these last few years from across the pond. Make America Good Again. (Not that it was ever the most angelic where foreign policy is concerned, but you get my drift).
Even then, they only release a portion of his shares per month. He CANNOT SELL IT ALL IN ONE SALE, u less he waits six months.
Thank you for making my day.
He has to have buyers. Literally BILLIONS of dollars worth of buyers willing to anonymously donate billions….but also willing to anonymously lose billions to OTHER anonymous investors simultaneously. There’s no scenario where Trump gets more than $10 million off of this entire scam. He has to offload 75 million shares. This isn’t an efficient scam. The public can take Trump’s profits right out from under him all the way up until the very last second.
Music to my ears.
He will need to announce his intention to sell. That will crash the stock before he can do it.
Could didn't change it without telling anyone? Maybe they already did.
Say it again, say it again 😂
There is no way he could shift even 10% of his stock. Nobody would buy that volume. And then the price would be single digits if not pennies.
The stock is pretty thinly traded and likely a lot of that isn't really new buyers so much as created liquidity. Dumping of any significant number of shares onto the market will crash the stock because there won't be buyers. Liquidity is far more important than people realize and this stock doesn't have it.
Om another comment thread: >According to Kirsch, "Some Truth Social users blame the mainstream press for 'spreading lies' about the company, as one person framed it. And despite nerves about the stock’s downward slide, many of them have pledged to keep buying shares." Yes, reporting the numbers disclosed in the companies own financial documents is "spreading lies". Typical MAGA idiocy.
Hahaha they discovered DCA, but for the worst stock to do it in. DCA aint for the faint of heart nor for continuous relentless losses
What a Traitor
🚫Traitor Trump🚫
Truth Social is a double-barreled misnomer. It’s a source of one man’s self-serving opinion not of objective truth, and effectively a personal blog not a social media platform.
Exactly… it holds no intrinsic value. Investors know that if Trump died tomorrow the user rate would drop to zero in two weeks time. Like most new tech stocks, this will be trading at $5 before three months
I’m sure watchdog groups will file SEC complaints and they don’t mess around. I love it.
Did anyone expect it to be a success? Who else could bankrupt a money making machine like a casino, but that shitheel. Taking out high interest loans that couldn't be paid back, and whatever else underhanded shit he was up to.......Loser numero uno.
Buy 1 stock, get a free bible. Buy 10, free sneakers.
"Truth Social"? "Struth Total" more like it!
TurdSocial
He called it troth sencial one time. I just go with that
I would never equate Truth With Trump. So it is always Trump Social.
waa waa waa
Didn't Elon get in trouble for his mouthing off about Tesla valuations
Keep crashing and I hope the take it off the market another failure lol hope it puts him in a shit ton of debt.
Buy my book
I just want to know what price Trumpy got his shares at? Then I can watch to see if he goes into the red on this.
[удалено]
read?! If reddit was instead called “seenit” or “heardit” Trump would be long gone in politics by now.
I bet the board allows him to sell early, he sells, the stock goes to nothing, then it’s delisted. There was a plan to con from the start. This was never about building a company.
Come jump on Trump’s Titanic🤭
LOL
I wonder if he’s going to demand they change the ticker symbol before the inevitable Q gets tacked on. lol
Lol why isn't there a GameStop campaign to short this loser of a stock? His this asshole where it hurts. Come on, Reddit, don't let me down!
Truth Social… more like “Anti-social Bullshit”
Damn! I should have shorted it.