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More winning
Posted by: Mr645
Date: May 13, 2024 09:44AM
DJT stock up over 8% this morning. With 60% of the stock in hand, Trump owns $4.5+ billion just in that stock.


"he is going to start WW3!!!!"
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Re: More winning
Posted by: pdq
Date: May 13, 2024 10:28AM
Yahoo Finance

Quote

GameStop stock (GME) soared as much as 110% Monday and was temporarily halted for volatility after "Roaring Kitty," the person who is seen as the kickstarter of the meme stock frenzy during the pandemic, posted online for the first time since 2021.

smiley-laughing001
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Re: More winning
Posted by: Acer
Date: May 13, 2024 10:33AM
Crowing about market gains is dangerous, as the market is a fickle place. But, whatever, enjoy it while you can.
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Re: More winning
Posted by: sekker
Date: May 13, 2024 12:34PM
Quote
Acer
Crowing about market gains is dangerous, as the market is a fickle place. But, whatever, enjoy it while you can.

And be careful about meme stocks if you are putting more than entertainment $$ in them.
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Re: More winning
Posted by: JoeH
Date: May 13, 2024 12:50PM
Stock is only worth what Trump can sell it for. It may be worth $4.5 billion on paper, but the price would go down rapidly if he tried to sell more than a small fraction of what he owns.
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Re: More winning
Posted by: Mr645
Date: May 13, 2024 02:28PM
Quote
JoeH
Stock is only worth what Trump can sell it for. It may be worth $4.5 billion on paper, but the price would go down rapidly if he tried to sell more than a small fraction of what he owns.

So maybe Trump is bright enough not to sell 50% of all of the stock in one day

Winning!!


"he is going to start WW3!!!!"
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Re: More winning
Posted by: JoeH
Date: May 13, 2024 02:42PM
Quote
Mr645
Quote
JoeH
Stock is only worth what Trump can sell it for. It may be worth $4.5 billion on paper, but the price would go down rapidly if he tried to sell more than a small fraction of what he owns.

So maybe Trump is bright enough not to sell 50% of all of the stock in one day

Winning!!

More like losing! Doubt he could sell more than 1% at a time, and not in one day without depressing the stock price. Only way he wins is if someone buys the whole company at an inflated price. Its actual revenues and costs do not justify anywhere near the current stock price. Perhaps his friend Putin will use some of his ill gotten wealth.



Edited 1 time(s). Last edit at 05/13/2024 03:41PM by JoeH.
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Re: More winning
Posted by: AllGold
Date: May 13, 2024 03:34PM
The company lost $48M on only $4.1M in revenue last year. It's not going to end well.
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Re: More winning
Posted by: Speedy
Date: May 13, 2024 05:13PM
Quote
AllGold
The company lost $48M on only $4.1M in revenue last year. It's not going to end well.

True for most of the small investors (cultists) but Trump will still make out like a bandit.


Saint Cloud, Minnesota, where the weather is wonderful even when it isn't.
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Re: More winning
Posted by: N-OS X-tasy!
Date: May 13, 2024 09:33PM
Quote
JoeH
Stock is only worth what Trump can sell it for. It may be worth $4.5 billion on paper, but the price would go down rapidly if he tried to sell more than a small fraction of what he owns.

Shhhh… don’t say anything that would discourage our resident troll from investing more of his own money in this stock.


It is what it is.
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Re: More winning
Posted by: Mr645
Date: May 14, 2024 05:59AM
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JoeH
Quote
Mr645
Quote
JoeH
Stock is only worth what Trump can sell it for. It may be worth $4.5 billion on paper, but the price would go down rapidly if he tried to sell more than a small fraction of what he owns.

So maybe Trump is bright enough not to sell 50% of all of the stock in one day

Winning!!

More like losing! Doubt he could sell more than 1% at a time, and not in one day without depressing the stock price. Only way he wins is if someone buys the whole company at an inflated price. Its actual revenues and costs do not justify anywhere near the current stock price. Perhaps his friend Putin will use some of his ill gotten wealth.

TDS is the disease, the cure comes this November


"he is going to start WW3!!!!"
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Re: More winning
Posted by: Speedy
Date: May 15, 2024 05:48AM
Quote
Mr645
Quote
JoeH
Quote
Mr645
Quote
JoeH
Stock is only worth what Trump can sell it for. It may be worth $4.5 billion on paper, but the price would go down rapidly if he tried to sell more than a small fraction of what he owns.

So maybe Trump is bright enough not to sell 50% of all of the stock in one day

Winning!!

More like losing! Doubt he could sell more than 1% at a time, and not in one day without depressing the stock price. Only way he wins is if someone buys the whole company at an inflated price. Its actual revenues and costs do not justify anywhere near the current stock price. Perhaps his friend Putin will use some of his ill gotten wealth.

TDS is the disease, the cure comes this November

I doubt if a Trump loss will end their MAGAt derangement.


Saint Cloud, Minnesota, where the weather is wonderful even when it isn't.
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Re: More winning
Posted by: DeusxMac
Date: May 15, 2024 07:35AM
Quote
Speedy
I doubt if a Trump loss will end their MAGAt derangement.

Yep!

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Re: More winning
Posted by: AllGold
Date: May 15, 2024 02:06PM
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Speedy
Quote
Mr645
Quote
JoeH
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Mr645
Quote
JoeH
Stock is only worth what Trump can sell it for. It may be worth $4.5 billion on paper, but the price would go down rapidly if he tried to sell more than a small fraction of what he owns.

So maybe Trump is bright enough not to sell 50% of all of the stock in one day

Winning!!

More like losing! Doubt he could sell more than 1% at a time, and not in one day without depressing the stock price. Only way he wins is if someone buys the whole company at an inflated price. Its actual revenues and costs do not justify anywhere near the current stock price. Perhaps his friend Putin will use some of his ill gotten wealth.

TDS is the disease, the cure comes this November

I doubt if a Trump loss will end their MAGAt derangement.

No, but it will end the specter of PAB ever becoming president again. Hopefully, it will also end the fear of and kowtowing to PAB by Republicans in the House and Senate and allow PAB to fade into irrelevance.
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Re: More winning
Posted by: Speedy
Date: May 15, 2024 07:39PM
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AllGold
Quote
Speedy
Quote
Mr645
Quote
JoeH
Quote
Mr645
Quote
JoeH
Stock is only worth what Trump can sell it for. It may be worth $4.5 billion on paper, but the price would go down rapidly if he tried to sell more than a small fraction of what he owns.

So maybe Trump is bright enough not to sell 50% of all of the stock in one day

Winning!!

More like losing! Doubt he could sell more than 1% at a time, and not in one day without depressing the stock price. Only way he wins is if someone buys the whole company at an inflated price. Its actual revenues and costs do not justify anywhere near the current stock price. Perhaps his friend Putin will use some of his ill gotten wealth.

TDS is the disease, the cure comes this November

I doubt if a Trump loss will end their MAGAt derangement.

No, but it will end the specter of PAB ever becoming president again. Hopefully, it will also end the fear of and kowtowing to PAB by Republicans in the House and Senate and allow PAB to fade into irrelevance.

Got anymore of that stuff you’re smoking?


Saint Cloud, Minnesota, where the weather is wonderful even when it isn't.
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