Trump Media & Technology Group Corp. (DJT) - March to penny stock watch party

RageKage

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If Kamala Harris doesn't call him out on the abysmal business failures this genius has had this evening, I'll be disappointed as a missed opportunity cuz it will burn his soul to get called out like that in national stage. Not only is stock tanking he is reduced to selling sneakers, hats, bibles, flags u name it like some 2nd rate vendor u would ignore on Amazon :martin:
 

RageKage

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Notice how the current share price is directly tied to his polling and the upcoming end of lockup when Trump can dump a massive number of shares and screw over current investors

Best business man ever



Kamala bombed that first question. Should be easy to talk about what 2020 looked like vs what 2024 looks like. It opens up the covid discussion and failure of Trump's final year.

She's talking about it now, but I would have started with this.

why?




he'll be able to start selling around sept 20, fire up them puts, thats when the real fun starts
I said as much above, I meant in the immediate future, next couple of days/news cycles
 

beenz

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Notice how the current share price is directly tied to his polling and the upcoming end of lockup when Trump can dump a massive number of shares and screw over current investors

Best business man ever



and his sentencing is one week from now. that stock is plummeting right now.

hopefully his stock turns into a penny stock.
 

bnew

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Trump Media shares sink to new post-merger low after presidential debate​


Published Wed, Sep 11 20248:58 AM EDTUpdated 4 Hours Ago
Kevin Breuninger@KevinWilliamB

Key Points
  • The stock price of Trump Media plunged to its lowest level since the company began publicly trading as DJT on the Nasdaq.
  • DJT shares dropped a day after former President Donald Trump faced Vice President Kamala Harris in a presidential debate hosted by ABC News.
  • The company, which owns the Truth Social app, had seen its share price surge before the debate.

In this article

TOPSHOT - Former US President and Republican presidential candidate Donald Trump walks away during a commercial break as US Vice President and Democratic presidential candidate Kamala Harris take notes during a presidential debate at the National Constitution Center in Philadelphia, Pennsylvania, on September 10, 2024. (Photo by SAUL LOEB / AFP) (Photo by SAUL LOEB/AFP via Getty Images)


Former US President and Republican presidential candidate Donald Trump walks away during a commercial break as US Vice President and Democratic presidential candidate Kamala Harris take notes during a presidential debate at the National Constitution Center in Philadelphia, Pennsylvania, on September 10, 2024.

Saul Loeb | Afp | Getty Images

The share price of Trump Media
plunged more than 10% on Wednesday, a day after majority shareholder Donald Trump gave a widely panned presidential debate performance against Vice President Kamala Harris.

The company’s stock price closed at its lowest level since the Truth Social app owner began publicly trading as DJT on the Nasdaq in late March.

Investing in Trump Media stock is often seen as a way to bet on the political fortunes of Trump, the former president and current Republican nominee.

Trump Media has said its business hinges at least partly on Trump’s popularity, and analysts say the company’s value will rise or fall based on his electoral prospects.

Trump Media & Technology Group Corp

RT Quote | Last NASDAQ LS, VOL From CTA | USD

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After Hours: Last | 7:59 PM EDT

16.56
quote price arrow down
-0.12 (-0.72%)

16.68
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-1.95 (-10.47%)

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Trump Media (DJT) Share Price

The stock drop Wednesday could signal that some Trump’s supporters were not pleased with what they saw at Tuesday night’s debate in Philadelphia.

Liberal and conservative political commentators said Harris appeared more prepared, articulate and even-keeled than Trump, who repeatedly bit on bait that she tossed to throw him off topic.

Harris’ team, projecting confidence, challenged Trump to another debate right after the first one ended.

Trump said he may not agree to that. In a Truth Social post Wednesday, he repeated his claim that Harris only wanted another debate because she was “beaten badly.”

“Why would I do a Rematch?” he wrote in the post.

Trump Media had surged as much as 10% during trading Tuesday, possibly indicating optimism about how Trump would fare in the debate.

The company’s gains on Monday and Tuesday were a respite from a weekslong rout that saw the stock price sink as much as 75% from its intraday high in late March, when then-privately held Trump Media merged with a blank-check firm.

The slump coincided with President Joe Biden dropping out of the presidential race and endorsing Harris to replace him at the top of the Democratic ticket.

It also came in the run-up to the date when Trump and other company insiders can start selling their shares.

Trump owns nearly 57% of the company’s stock. That stake at Wednesday’s closing price was worth about $1.9 billion.

It is unclear if Trump plans to start selling off his stake when a lock-up agreement lifts on Sept. 19.

Correction: Donald Trump owns nearly 57% of Trump Media’s stock. An earlier version misstated the percentage.
 

RageKage

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Sales of his shares are directly related to his chance of winning as the scale of the grift will be enormous.

Think about if we wins what that would do to share price?

:wow:

Come to think of it, I'm less inclined to think he will dump shares soon if he thinks he can still win presidency
 

beenz

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trump already pivoting to his next grift with crypto with the collapse of DJT. once the window opens for him to sell DJT, he will do as such and collapse the entire company.


By FATIMA HUSSEIN and ADRIANA GOMEZ LICON
Updated 7:06 AM CDT, September 17, 2024
Share
WASHINGTON (AP) — Republican presidential nominee Donald Trump launched his family’s cryptocurrency venture, World Liberty Financial, with an interview on the X social media platform in which he also gave his first public comments on the apparent assassination attempt against him a day earlier.
Trump did not discuss specifics about World Liberty Financial on Monday or how it would work, pivoting from questions about cryptocurrency to talking about artificial intelligence or other topics. Instead, he recounted his experience Sunday, saying he and a friend playing golf “heard shots being fired in the air, and I guess probably four or five.”
“I would have loved to have sank that last putt,” Trump said. He credited the Secret Service agent who spotted the barrel of a rifle and began firing toward it as well as law enforcement and a civilian who he said helped track down the suspect.
World Liberty Financial is expected to be a borrowing and lending service used to trade cryptocurrencies, which are forms of digital money that can be traded over the internet without relying on the global banking system. Exchanges often charge fees for withdrawals of Bitcoin and other currencies
Other speakers after Trump, including his eldest son, Don Jr., talked about embracing cryptocurrency as an alternative to what they allege is a banking system tilted against conservatives.

Experts have said a presidential candidate launching a business venture in the midst of a campaign could create ethical conflicts.
“Taking a pro-crypto stance is not necessarily troubling; the troubling aspect is doing it while starting a way to personally benefit from it,” Jordan Libowitz, a spokesperson for the government watchdog group Citizens for Responsibility and Ethics in Washington, said earlier this month.
During his time in the White House, Trump said he was “not a fan” of cryptocurrency and tweeted in 2019, “Unregulated Crypto Assets can facilitate unlawful behavior, including drug trade and other illegal activity.” However, during this election cycle, he has reversed himself and taken on a favorable view of cryptocurrencies.
He announced in May that his campaign would begin accepting donations in cryptocurrency as part of an effort to build what it calls a “crypto army” leading up to Election Day. He attended a bitcoin conference in Nashville this year, promising to make the U.S. the “crypto capital of the planet” and create a bitcoin “strategic reserve” using the currency that the government currently holds.
Hilary Allen, a law professor at American University who has done research on cryptocurrencies, said she was skeptical of Trump’s change of heart on crypto.
“I think it’s fair to say that that reversal has been motivated in part by financial interests,” she said.

Crypto enthusiasts welcomed the shift, viewing the launch as a positive sign for investors if Trump retakes the White House.

Meanwhile, Vice President Kamala Harris’ campaign has not offered policy proposals on how it would regulate digital assets like cryptocurrencies.

In an effort to appeal to crypto investors, a group of Democrats, including Sens. Chuck Schumer and Kirsten Gillibrand of New York, participated in an online “Crypto 4 Harris” event in August.

Neither Harris nor members of her campaign staff attended the event.
 

RageKage

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:francis:

Judge rules Trump Media breached stock contract with early investor​


  • Trump Media breached an agreement with one of the investors that helped the company go public and must grant the sponsor a larger share of stock, a judge ruled.
Going to be a standoff guessing who is going to dump this garbage 1st and tank the other shares

Trump must be

:sadcam:
 

beenz

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:francis:

Judge rules Trump Media breached stock contract with early investor​


  • Trump Media breached an agreement with one of the investors that helped the company go public and must grant the sponsor a larger share of stock, a judge ruled.
Going to be a standoff guessing who is going to dump this garbage 1st and tank the other shares

Trump must be

:sadcam:

I hope someone beats trump to the punch in selling, and he's left with 115m shares of worthless bullshyt.
 
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