Fogbow

We may not be worthy … but unlike $DJT stock we'll never be worthless!

Trading now at $30.19, DJT has lost 62% of its highest value of $79.38.

You would think NASDAQ would show them the door. Doesn't a stock exchange have some ability to protect its own integrity?

Sam the Centipede wrote: ↑Fri Apr 12, 2024 10:15 am We may not be worthy … but unlike $DJT stock we'll never be worthless!

29.71

Wondering what the number that will trigger buying is.

10?

Yay! I was hoping it would dip into the 20s before the trial Monday! What a great week for him coming up!! I wonder if some juror will get excused because he bought $DJT at $70 and has lost his shirt. Oops.

p0rtia wrote: ↑Fri Apr 12, 2024 10:32 am Wondering what the number that will trigger buying is.

10?

What price would you pay for stock in a company that loses $58 million?

If engraved stock certificates still existed, I could see maybe buying a small odd lot as a satiric collectible, or for performative ridicule ("I am sitting in the smallest room of my house ...").

How fast does a stock have to fall until they suspend trading

RTH10260 wrote: ↑Fri Apr 12, 2024 1:07 pm How fast does a stock have to fall until they suspend trading

It has to fall below $1 and stay there before it becomes at risk for being desisted.

Rolodex wrote: ↑Fri Apr 12, 2024 11:46 am Yay! I was hoping it would dip into the 20s before the trial Monday! What a great week for him coming up!! I wonder if some juror will get excused because he bought $DJT at $70 and has lost his shirt. Oops.

The potential juror may need that $10 per diem.

Donald J. Trump Posts From His Truth Social@TrumpDailyPosts

I am so proud of Truth Social, because I believe it represents the Make America Great Again Movement, and it shows the Spirit and Love of our Country. If people who believe in putting America First and want to Make America Great Again, support TRUTH, we will be your Voice like never before, and a Real Voice is what our Country needs, because we are in decline, and must bring America to Greatness. Think of this as a Movement, the Greatest Movement in the History of our Country. We are going to Save our Country, and Make America Great Again, GREATER THAN EVER BEFORE!

Donald Trump Truth Social 11:14 AM EST 04/12/24

looks a lot like iDJiT to me

neonzx wrote: ↑Fri Apr 12, 2024 1:35 pm

Donald J. Trump Posts From His Truth Social@TrumpDailyPosts

I am so proud of Truth Social, because I believe it represents the Make America Great Again Movement, and it shows the Spirit and Love of our Country. If people who believe in putting America First and want to Make America Great Again, support TRUTH, we will be your Voice like never before, and a Real Voice is what our Country needs, because we are in decline, and must bring America to Greatness. Think of this as a Movement, the Greatest Movement in the History of our Country. We are going to Save our Country, and Make America Great Again, GREATER THAN EVER BEFORE!

Donald Trump Truth Social 11:14 AM EST 04/12/24

https://twitter.com/patriottakes/status ... 0403952758

Dear Donald, are you sure your DJT represents MAGA? Cause then the prediction is that MAGA is its way to annihilation real soon now

We covered this way back when but it's resurfaced and still troo. I'm still not 100% sure that Tom Sas isn't another name JPC uses.

Luke Johnson @Orly_licious
True story about $DJT when it was $DWAC. Countless #TrumpMarks have been bankrupted & fleeced while "CEO" Devin Nunes makes $1M a year & Trump has zero risk. And yet MAGA wants more. Masochistic, stupid, or both?

Quote The Intellectualist @highbrow_nobrow 2h
(thread) Trump supporter lost entire life savings while investing in TRUTH Social. $516,000. (May 2023)

MTN Bem Meiselas quotes from Teh Donalds posting / truthing and compares to forbidden activity to influence share prices. Suggest he is exposing himself to shareholder lawsuits.

Sure, securities lawyers don't want their clients talking off the cuff, particularly during volatile market situations. This might give Truth Social's lawyers some palpitations. But is "greatest movement in history of our country" a statement that can be proved or disproved? More like vague puffery, I'd think.

Now, I never did very much securities law work and haven't done any for over 15 years. I can't find out much in detail about Meiselas's practice, but he's been a general counsel so he's probably been exposed to some securities law, and possibly knows a good deal more than I remember. But the idea that this is a slam dunk securities law violation, let alone that it would likely lead to a billion-dollar award, seems silly to me.

Foggy wrote: ↑Fri Apr 12, 2024 10:23 am You would think NASDAQ would show them the door. Doesn't a stock exchange have some ability to protect its own integrity?

No, no it does not.

It has the ability to sell things idiots think are worth something.

A stock exchange with integrity? Hasn't ever happened.

Sorry, feel a bit ranty this evening.

A stock exchange with Integrity would be selling Viagra for 50 cents. which is about what it costs to make.

Suranis wrote: ↑Fri Apr 12, 2024 8:00 pm A stock exchange with Integrity would be selling Viagra for 50 cents. which is about what it costs to make.

Or insulin at prices that don't actually kill people.

raison de arizona wrote: ↑Fri Apr 12, 2024 1:38 pm looks a lot like iDJiT to me

That's how I pronounce it, doesn't everyone?

I have ZERO sympathy for people who invest more in a single stock than they are willing to lose.

In fact, I have negative sympathy.

Idiots.