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+--- Thread: Swindlers are just gonna swindle - 'Truth Social' would make a great Soap Opera script! (/showthread.php?tid=286312)
Swindlers are just gonna swindle - 'Truth Social' would make a great Soap Opera script! - sekker - 04-11-2024
'The former CEO of the Digital World Acquisition Corp. (DWAC) — the special purpose acquisition company that was created to purchase the Trump Media & Technology Group — is suing his successor for allegedly hacking his private accounts as part of a “coup d’etat.” '
https://www.theverge.com/2024/4/10/24126237/truth-social-digital-world-acquisition-corp-hacking-lawsuit-patrick-orlando-eric-swider-trump-media
Re: Swindlers are just gonna swindle - 'Truth Social' would make a great Soap Opera script! - DeusxMac - 04-11-2024
Clearly, there is NO honor among thieves.
Re: Swindlers are just gonna swindle - 'Truth Social' would make a great Soap Opera script! - pdq - 04-11-2024
So far today, DJT continues its losing ways. When the market is flat, DJT is down ~5%.
Re: Swindlers are just gonna swindle - 'Truth Social' would make a great Soap Opera script! - hal - 04-11-2024
pdq wrote:
So far today, DJT continues its losing ways. When the market is flat, DJT is down ~5%.
at the end of day, the markets end very strong
Wilshire 5000 + .9%
NASDAQ + 1.7%
Russell 2000 + .66%
S&P + .74%
DJT - %5.4
Re: Swindlers are just gonna swindle - 'Truth Social' would make a great Soap Opera script! - GGD - 04-11-2024
Mr645 04/01/2024 $48.66 wrote:
$5.3 billion market cap
Another failure LOL
Mr645 04/02/2024 $51.60 wrote:
Up 6% today, Market cap of $5.86 billion.
But what's a few hundred million dollars between friends
Mr645 04/06/2024 $40.59 wrote:
Settling around $40 share, $5.5 bil market cap, 57% owned by Trump.
So Trump made $3.1 billion so far. Looser LOL!!
Trumps hovering around #350 worlds richest person. Passed Mark Cuban
04/09/2024 $37.34
Passed Mark Cuban again, on the way down...
https://finance.yahoo.com/news/donald-trump-crashes-bloomberg-rich-180752313.html
The former president has fallen off the Bloomberg Billionaires Index as his net worth has dropped below the $5.8 billion required to make the cut. Forbes' rich list pegs Trump's total wealth at $4.8 billion, ranking him 659th in the world.
Trump held a top 300 spot on Bloomberg's index only a few days ago, ahead of the likes of George Soros, Mark Cuban, Giorgio Armani, Reed Hastings, and Bernie Marcus.
04/11/2024 $32.41
Re: Swindlers are just gonna swindle - 'Truth Social' would make a great Soap Opera script! - sekker - 04-12-2024
600,000 retail investors are all losing money right now.
The story is that many of the other shareholders are dumping the stock.
His Orangeness has ~5 more months of lock out before he can directly sell.
I still think he's leveraged his equity to pay his legal fees and fines in other cases.
At this point, it's lost 50% value in 30 days.
Halflife per month.
At this rate, it will half in value 5 more times, or be down to about 0.015 peak value. Might end at around $100M, with the leading shareholder owning a little more than half.
Re: Swindlers are just gonna swindle - 'Truth Social' would make a great Soap Opera script! - Speedy - 04-12-2024
I expect the board of directors to allow Trump to dump his stock soon, therefore not having to wait six months.
Re: Swindlers are just gonna swindle - 'Truth Social' would make a great Soap Opera script! - sekker - 04-13-2024
Speedy wrote:
I expect the board of directors to allow Trump to dump his stock soon, therefore not having to wait six months.
I was thinking the same.
But there ARE rules around such a step, and those could block any sale by locking any such proceeds until court filings release them. That would be well past the election.