The DJT stock

No one would buy this. It’s going to be a penny stock. Btw, did he get the money he needs for appeal or is he going to fuck it up again?

Oh look another Trump thread.

R1, yeah...when's the deadline for that, anyway? Ten days? Ten business days?

Oh, look, R2 survived Easter.

[quote]this is a standard market correction for an newly released IPO. Is this true

Yes, it is true - for a wildly over-valued stock whose valued was massively inflated at the time of the IPO.

EOB Thursday

No R1, he didn’t get the money yet. He can’t sell stock until 6 months after the launch and only with agreement from the board. (The board consists of family and MAGA loons so that’s not going to be a problem in 6 months). Hopefully the stock is worth nothing by then.

This stock will ping pong up and down for a while until it finally drops off a cliff. How long that will take, it's hard to say. It's a meme stock and those are unpredictable. There's no real value.

R6, is that when the bond is due?

Trump made the bond so the deadline is immaterial, but yes, it was Thursday.

Frankly, I'm surprised he made bond. I thought he was going to hold out for Tish James to start seizing assets so he could whine to the MAGAts claiming unfair treatment (and he's right, it hasn't been fair... to everyone who believes in the rule of law, obeys the law, and suffers the consequences if they don't unless their name ends in "rump"). I guess there's something in those assets that he didn't want anybody to find.

Oh look. Another Trump thread.

Oh look. R11's mom's glistening cunt.

Angry Old White Men are buying the stock to support their lying, cheating, misogynistic, xenophobic, homophobic, racist, rapist hero.

I saw a stock market analyst speaking about Truth Social stocks on PBS the other day and he said that stock in social media companies is only worth what someone is willing to pay for it. He predicted it would drop substantially. Basically the worth of this stock is exactly what R13 says.

How soon we have all forgotten that Elon Musk bought Twitter for a massively overinflated value, and then quickly tried to back out of it after the ink was dry. (Too bad for him). Then he had a fire sale, thinking that that would bring it into profitability. And THAT was a long-established company. Truth Social is not profitable now and I doubt it ever will be.

R13 let's put to rest the racist and misandrist idea that only white men support Trump.

He’ll just sue the business partners for the full billions expected, saying the stock was rigged.

Most IPOs go up for the first few days and then drop back to a more realistic level. Not sure what a realistic level for Trump stock might be, but you might need a microscope to see the number.