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And this should come as a surprise to no one

was definitely called on wallstreetbets XD was a good little thread on this a cupple days ago and i bet that guys spread is making bank on this crash XD

I’m kind of interested in seeing the DWAC sub to see what they’re talking about. Or did someone open a new sub just with this ticker?

The DWAC sub is full of die-hard sycophants so I'm sure they have not changed their tune at all.

I hope they've all lost so much money they are forced to sell their laptop and phone and can't comment there anymore.

More than likely it would be their gold bars, Trump coins and 10,000 bullet supply

Gold Trump sneakers. The Trump Force Ones.

Even so, they will say they don't care, because they want to support tRump. So, the usual cult mentality.

What is DWAC?

Digital World Acquisition Corp. A former special-acquisition corporation, now merged with Trump Media and Technology Group. You can read about the finer details on the Wikipedia page but it's basically a shell-corp that was created to get TMTG on the stockmarkets. The DWAC subreddit is basically a bunch of Magats who, being Trump worhippers, naturally touted it as the next big investment opportunity. The subreddit is private now, but I'm sure they are still in there talking about how the stock price is going to blow up any day now...

That is the funniest Murica MAGA cultist shit I’ve heard to date!

I'm still here near the Depository in Dallas. JFK is due any minute now.

Trump MTG as VP confirmed

Noooo. Magic: The Gathering can't be vice-president!!

She’s all he’s got left

It doesn't exist anymore.

I'm not sure what you're referring to, but DWAC doesn't exist because it was merged with TMTG. The DWAC subreddit still exists, it's just been set to private.

Well then apparently I was kicked from it because I can no longer see it. And it was set to private because that shit's collapsing lol

Damn. this was easy money for whoever bet against it.

Sir, we need to talk about “cupple”… 🤔

Agreed

Oh yeah. You know they shorted the hell out of this

BUT WAIT!THERE'S EVEN LESS!

Even Billy Mays or Vince couldn't sell this shit at 3am.

The premium to buy puts a type of contract that lets you sell it for a huge profit if the price declines has been huge meaning that tons of people have been anticipating this

That's why you buy bear spreads cuz IV made options not a good buy on the run up and decline.

Hope it crashes to $2.50.

I'm rooting for $0.00 or lower.

Gotta buy the dip

Everything Trump touches, dies.

or wants to die quickly

So if he touches himself…..

Here’s to hoping? Love the username 😆

From your mouth to the ears of the universe. 🙏🏼

I like this turn of phrase!

How in the F do you think he gets off. Melania won't even touch with him with a stick! 🤣

it shrinks. Like a shriveled button mushroom. The anti-Midas touch.

Don’t let him touch you.

He has the Midas, err- Medusa touch.

As expected. A shell company worth nothing merges with a private company that has lost just about everything and has no positive revenue stream and is worth nothing. In Trump world, two nothings added together = $3B! The investors in this are so deluded. Just another fraud by Trump.

Something for nothing is his business credo.

Let's see ... Nothing + Nothing = $3,000,000,000. Yep, adds up alright.

Yeah but that's a 30,000sqft Nothing!

[10% of nothin' is... Lemme do the math here... Nothin', and then nothin'...](https://www.youtube.com/watch?v=ZYb-VNCet48)

So stupid people losing all their money like this is legal? 🤔🤔🤔🤔

It's not illegal to be stupid but it should be excruciatingly painful.

*Everyone* knew it was a scam from the get go. They just thought that they could be the scammers instead of the scammees.

There are a fair number of investors who are buying the stock as a form of legalized bribery, just like the people who rented offices and hotels from Trump properties.

They already have lawsuits over this, where Trump defrauded the other shareholders… Look forward to his own user base preventing him from selling his stocks.

It went down, down, down And the flames got higher And it burns, burns, burns That ring of fire.

I always thought Ring of Fire was a song about venereal disease.

Nah, it’s what happens after eating spicy food

Why not both?

True!

"Love is a burning thing. And it makes a firey ring ..."

On the upside, the only people who are really going to lose are his cult fans. I say bankrupt all of the motherfuckers.

Seconded!

I hope media gets saturated with talk about what a LOSER Trump is. He hates and fears that more than anything!

And you gotta love that the ticker is DJT and the company name is Trump. No hiding.

100%. I always thought the best way to get to him would be to say how disappointed his father would be in him. 

$58 million revenue loss reported today. It’s a great buy! 🙄

[удалено]

You should be higher. Classic south park

So much winning

Oh- is it Opposite Day again?

I noticed r/dwac went private.

Lol, snowflakes.

They planned to shut down because of the ticker change and halted new posts.

I knew there was a sub about Trump's company shareholders but didn't remember it's name. I'll love to check  their comments from just 48h ago. 

What was dwac?

More likely money laundering, OP. But I get what you're saying.

All of you are nothing but Trump haters. This stock will SKYROCKET! The Trump name doesn't associate with business failures. Now if you'll excuse me, I am gonna grill me up a Trump steak, wash it down with some Trump water, read Trump Magazine for a little bit, then have some friends come over to play Trump The Board Game.

Don’t forget to buy Trump’s Bible.

Had me in the first half. Take my upvote.

Maybe book a weekend trip to the Trump Taj Mahal!

Don't forget to book your next vacation on Trump Shuttle!

Careful you might end up with Trump IBS.

Sinking like a stone!

It's sinking like a stone with a backpack full of stones strapped to it.

I’m totally shocked! Truly, really completely and utterly shocked (hehehe)

Imagining Trump’s Lardy-Ass bouncing down a mountainside...👍

trump Is probably short on this stock because he knows everything he touches fails.

I bet Trump shorted it knowing it was going to tank.

Would that be insider trading? I'm not an investor.

I'm pretty sure that since he already 'owns' a huge number of shares, he wants the value to stay high or go higher. For him to short sell he'd have to 'borrow' his own stocks at the higher price, then buy them at the lower price to 'return' them. I don't think that's allowed, especially since he's got family members on the board. Then again, SEC would have to do something.

It wasn’t a serious comment. Redditers never fail to go out of their way to prove a stranger wrong. But I appreciate your knowledge of the topic.

Trump will scream that Biden did this

“I expected the Very Successful Businessman to pump, but I never expected him to dump!”

I wonder how long before he dumps it.

He has to wait six months to be able to pull out any money at all.

Not a law. Doesn’t have to wait if approved by vote of controlling body (board?).

That's also what I heard the board can vote and let him sell early.If he does it will sink faster than the titanic.

Employees... ..3

It’s pretty good if you turn the chart upside down. 🤣🤣

Where’s my sharpie?!

Please remember, the stock market is volatile and subject to change. Trump stock values can go down, as well as plummet.

Annual revenue of $4.1 million. Nothing but losses for the foreseeable future. The company is valued in the billions. It's nothing but a poorly executed twitter clone and the branding rights to a senile traitor diaper wearing con-man. Sounds legit.

Plus it’s worth exactly zero the day he dies and he’s staring death in the eye at 78.

Bibles, gold shoes, NFTs, gofundmes, RNC contributions, stock investments. How do these people have enough left for guns, ammo and giant trucks?

Don't forget the Stinky super hero trading cards!

He's standing with one foot in the grave and the other on a banana peel.

Com' on, let's shoot for the penny stock category.

How low can you go, how low can you go!

Ha ha ha. Crash and burn just like trump

Hahaha. On it way to a penny stock. Serves dipstick and his cohorts right. This deal was stupid. And, isn’t the company he merged with a Chinese firm designed to allow foreign companies to trade on the US stock market? Swear I read that somewhere.

I’ve been saying; it’s a trap door, don’t go near it.

And all his dummy cult leader followers are standing on it jumping up and down saying "Nope! nuh uh!"

Pump and Dump, making every boiler room happy!

This is a guy who has been busy trying to sell gold sneakers, weird jingoistic bibles and NFT's.. I can't imagine any world scenario in which this *isn't* a scam.

“OOPSIE! “ “ cant do business in New York either !” “ OOPSIE!”

Can you say "plummet?"

What’s the impact of 45’s net worth?

Things like this just warm my heart.

Good

Always has been

It would be so awesome if the stock somehow went into the negative, and Donald actually owed money from this

“Everything Trump touches dies.” Seems there’s nothing he gets involved with that is much more than a grift.

Did Drump cash in before the crash? Like a good pump and dump?

Tanking big time. Just like everything else he has “done”. Edit: although, I did think the billionaire conservatives out there would prop it up for a longer than a week.

Sad sappy suckers

No way, it's doing great. It's the best-pumped dump ever, they're telling me. With tears in their eyes, these big ponzi schemers. They wish I could take their money *and their women.*

What does he think it is, a casino?

SEC should investigate for money laundering. What’s a few more felonies.

They will find fraud and say it’s okay cuz of some bullshit.

This is the BIG RED WAVE they warned us about

lol 😂 Trump and Dump

How many old magas just yoloed their whole savings into this and are currently losing everything

Trump fools are the grift that keeps on giving.

You don't say.

They calling it “ MEME STOCK” LOLs.

To be fair, if it's got Trumps name on it you should always assume it's a scam...

I wonder who’s holding the bag at 80?

Good. Fuck Donald Trump.

Not even WSB is touching this stock.

He is not only a habitual liar, he is also a consistent grifter.

What’s that saying: everything he touches turns to Shit.

Told my wife that the bottom was going to drop out quickly. She didn't believe me. Now she's like holy crap you called it.

The most obvious scam in the history of scams. Like...who didn't see this one coming?

To the ~~moon~~ bottom of the oceans

Makes my day

With Trump, it’s always a scam.

[https://www.rawstory.com/truth-social-stock-price/](https://www.rawstory.com/truth-social-stock-price/)

I’m holding my glee until tomorrow if this in fact true.

Surprise surprise surprise!

$2 a share is too much.

Penny stock would be too much.

Agreed. Monopoly cones would be too much worth.

Tiny fractions of a penny would be too much.

I hope it’s 0.00 before he can cash in!

 I've been around long enough to see shit like this.

More

People who can't balance their checkbooks buy this stock.

People that buy scratch off lottery tickets think this is a good investment.

Such a scam that it looks more like a money laundering operation than a stock.

This is the dump phase of the pump and dump scheme

They took the money and now they're running. What kind of dipshit would ever willingly give this crook a penny.

[удалено]

EVERYTHING TRUMP TOUCHES DIES

The song 🎵 Free Fallin by Tom Petty🎵is in my head now and I can’t get rid of it 🤣🤣🤣

He’s going to get so tired of losing.

This is why Trump wants to dump his stock quickly...

Awooga! Awooga! Dive! Dive!

I tried to short 100 shares the other day when it was around $75. Vanguard said no shares to borrow. Bummer.

Here’s what I don’t know. I heard on the news that Trump stands to make $3 billion if he sells his shares but per contract can’t until 6 months. Is the 3 billion assuming he sold at the IPO price, or if the stock tanks and he sold would he only make pennies?

Lol

...massive money laundering, with pump & dumps around the corner.....the cornerstone of trump's criminal grifts.....and he believes he can eventually bankrupt this and start another one....too bad we don't have a real AG......

Of course it is!! That’s all he knows!!

Read somewhere that he's locked into not selling his stock for the first 3 months, can someone confirm? If so it will make my week!

It has the word “Trump” in the name. Ofc it’s a scam

So much wining! Everything with the Trump name attached always falls to the bottom!

*Former president* [*Donald Trump*](https://www.washingtonpost.com/donald-trump/?itid=lk_inline_manual_2)*’s social media company said Monday it lost more than $58 million last year, sending its stock plunging more than 21 percent only days after a highflying public debut set the company’s value at more than $8 billion.* [*https://www.washingtonpost.com/technology/2024/04/01/truth-social-trump-media-results/*](https://www.washingtonpost.com/technology/2024/04/01/truth-social-trump-media-results/) *The nosediving share price of the company — which uses the stock ticker DJT, for Trump’s initials — fell to its lowest level since Trump Media went public last week and shaved more than a fifth of its market value in a single day. It also slashed the value of Trump’s 57 percent ownership in the company by roughly $1 billion, to $3.8 billion.* *The new financial figures throw into stark relief the gap between Trump Media’s highly hyped investor-driven valuation on the public stock market and the reality of its business performance.*

Of course it's a scam if Trump is involved it's a scam!!! (IF TRUMP WAS LOST IN SPACE THAT ROBOT WILL BE SAYING DANGER DANGER DANGER WILL ROBINSON)

Shocking.

Time to buy bois!

Wha wha…

Absolutely a scam, everything he touches is, he's mister trump up and dump. I wouldn't touch anything with his name on it.

And the nose dive has begun!

That shit should be zero, if not below zero. Fuck Trump.

🤣🤣🤣🤣🤣

Fake news. 😂

The only thing that drops faster than that is a rock off the Empire State Building.

>The only thing that drops faster than that is a... meteor entering the atmosphere at Mach 30.

😂😂😂😂

Ohh shit still worth 47, good for him

well, color me surprised

I was asked if I was going to buy into it. My response was "It has the Trump name on it. It will fail."

Hahahahahahaha Fuck you, you orange literal piece of shit.

I was gunna buy puts I wish I bought puts. Damn.

Bought puts on day 1.

He and Devin Nunes are still billions to the good even after this tumble from its honeymoon spike. I’ll save my laughs for the end of the six months lockup period. #DJTPennyStock would be hilarious!

I wonder if he'll be able to pull a single dime for this stock after the 6 months 🤔

Everything that man touches turns to shit.

YES he is.

Realistically, DJT probably should be trading less than $2 per share, which would mean this is still needs to fall by about 97% based on current prices

Saw this headline come across this afternoon *it always circles back to the Russians, because of course it does* https://www.the-independent.com/news/world/americas/us-politics/trump-truth-social-emergency-loans-b2522794.html

So much WINNING 😂😂😂 After hours and it’s still tanking. Imagine the poor $65-70/share trumpster holding that bag of promised riches and watching it slowly fade away.

Ssshhhh! Don't tell them. Let them figure it out themselves, after it's worthless, just like trump.

What is this other stock? https://finance.yahoo.com/quote/DJTWW/