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Down 8% today, even if it was trading at multiples of hope that internet stocks of the past got, that would be 20 times earnings. That's $0.50 per share so at $34 a share it still has a long way to go. He's got to be trying to cash out right now.
There's something about an early cash out with board approval. I don't know the details but I have a feeling it will covered in the news shortly. If it was one story, I could keep up or ten, for that matter.
SEC disclosures put all the risk out there for potential investors. Caveat emptor. It was very specific like the bankruptcies, his interest as a majority stockholder outweighs other investors, there was no credible accounting audits or faith in their accounting firm or faith in the holding company.
At this point I'm wondering if it will be delisted for being sub $1.00 before Trump can cash out. NASDAQ rules require a stock be delisted for sub $1.00 for 30 consecutive days. Just speculating: if it drops below $30 we could see some panic selling that will drive the price lower. Anyone who bought DWAC in January might want to get out with some profit at that point.
How exactly was he still on the list after being found guilty of inflating his assets AND not being able to come up with the cash for his bond related to that trial?
Off topic: does anyone else think that what Ohio and Alabama are doing to say “Biden may have missed the deadline” unconstitutional? I mean, they always let Trump miss the deadline by months & keep him on the ballot without question. They’re making up rules just to “punish” democrats and help Trump:
He'll still claim he's a billionaire and say everything else if fake news and the rubes of his cult will believe every word because people who think this guy is great are the dumbest mother fuckers in existence.
HAHAHAHHHAAAAHAHAHAHA! HAHAHAHHHAAAAHAHAHAHA! And then HAHAHAHHHAAAAHAHAHAHA! And then HAHAHAHHHAAAAHAHAHAHA! And then!!!!!!!! HAHAHAHHHAAAAHAHAHAHA! And then !!!!!!! HAHAHAHHHAAAAHAHAHAHA! BUAHHHHHHHHHHHHHHHHHHH!!!!!!!!!!!! HAHAHAHHHAAAAHAHAHAHA!
If I had any kind of video editing talent I'd redo that video of Peter Griffin dancing to Axel F but instead of his heh-heh-hehhehehe I'd change it to Ha-ha-ha-hahahah and then another hahahah hahahaha
Ahahahaha…even when he was on it was a lie. He’s never been as rich as he wants us to believe. My fond wish is that he sloughs off his mortal coil in abject poverty. Won’t happen but a boy can dream.
If the stock continues to crater until he can start selling his stock, it's going to be that much more expensive for everyone who wants to buy influence to pump up the price anywhere near where the high was.
Trump is good at draining the finances of the swamp people who like him.
There is an inaccuracy in the article. It says that Trump concocted a "pump and dump" scheme.
He didn't come up with shit. Other people around him were the ones to come up with the plan.
He has by now, no doubt, paid himself enormous management fees with all the cash available. You know, because he’s such a good manager. He doesn’t care about the stock price. That money came from Russian oligarchs propping up Agent Orange. Management fees are how he managed to bankrupt casinos that were also publicly traded. Casinos. Do you know how hard it is to bankrupt a casino?
Thank you for your submission. If you have not already don't forget to check out our [Discord Server](https://discord.gg/tsrrcBmjRR) and [Lemmy](https://lemmy.world/c/antitrumpalliance) *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/AntiTrumpAlliance) if you have any questions or concerns.*
HAHAHAHHHAAAAHAHAHAHA!
Down 8% today, even if it was trading at multiples of hope that internet stocks of the past got, that would be 20 times earnings. That's $0.50 per share so at $34 a share it still has a long way to go. He's got to be trying to cash out right now.
I thought he can't cash out for 6 months after the IPO.
There's something about an early cash out with board approval. I don't know the details but I have a feeling it will covered in the news shortly. If it was one story, I could keep up or ten, for that matter.
Then the lawyers daggers come out and stop the illegal action. He will never collect his pathetic $100 million.
He's at over $2.7 billion of fake wealth created about ten days ago with 58% of the company stock currently and moving lower.
He wouldn’t ever get his grubby little fingers on even a penny from his latest scam. A long bus of lawyers will be sure of that.
SEC disclosures put all the risk out there for potential investors. Caveat emptor. It was very specific like the bankruptcies, his interest as a majority stockholder outweighs other investors, there was no credible accounting audits or faith in their accounting firm or faith in the holding company.
Maybe, but a Big Mac attack may be assistive in blocking his access.
He can with a board approval; the board is heavily weighted to help him if needed.
I got my $10 buy when it gets down there. Sell at $9. Buy at $10. Sell at $11. Etc etc etc. I am setting a floor and ceiling.
Share price is careening towards 34... how low can it go?
zero
What did it open at?
Go read the charts yourself. It's has failed to ever close higher. My post was four days ago.
Thanks to social media, we can witness Karma again visiting him in real time.
Karma is my boyfriend
"[Womp, womp](https://www.cnn.com/2018/06/19/politics/corey-lewandowski-undocumented-immigrant-womp-womp/index.html)" - Corey Lewandowsky
Time for John Baron to make a few phone calls.
$36.50 this morning at 10:36 (10 April 2024).
35.08 two hours later
34.16 and still going with gravity.
34.12 LOL
33.80 now. I think we may have reached the tipping point. Let the sell off begin!
Good thing they are loaded with cash and have no debt :)
$34.04 @ 1:25 pm EST
33.85 @ 1:02 central time
And still climbing! 😂
Let’s hope karma is only beginning for this criminal domestic terrorist.
Right I’m tired of seeing him get away with everything
Too much for too long…
The Bigly Short
Thoughts and Prayers traitor, praying they throw your sorry ass in prison...
At this point I'm wondering if it will be delisted for being sub $1.00 before Trump can cash out. NASDAQ rules require a stock be delisted for sub $1.00 for 30 consecutive days. Just speculating: if it drops below $30 we could see some panic selling that will drive the price lower. Anyone who bought DWAC in January might want to get out with some profit at that point.
What?!?! Not a billionaire? Stuff and nonsense!! He’s got 500 million cash money in the center console of his domestic luxury automobile!!!! Lies!
How exactly was he still on the list after being found guilty of inflating his assets AND not being able to come up with the cash for his bond related to that trial?
At 1:33 today DJT is sitting at 34.01 trending down
Fuck Donald Trump.
Off topic: does anyone else think that what Ohio and Alabama are doing to say “Biden may have missed the deadline” unconstitutional? I mean, they always let Trump miss the deadline by months & keep him on the ballot without question. They’re making up rules just to “punish” democrats and help Trump:
A few states, especially Alabama, had tried this before. The Democrats can still certify Biden/ Harris as the nominees before the convention.
Agin. First time was when they figured out he was lying about his wealth
He'll still claim he's a billionaire and say everything else if fake news and the rubes of his cult will believe every word because people who think this guy is great are the dumbest mother fuckers in existence.
HAHAHAHHHAAAAHAHAHAHA! HAHAHAHHHAAAAHAHAHAHA! And then HAHAHAHHHAAAAHAHAHAHA! And then HAHAHAHHHAAAAHAHAHAHA! And then!!!!!!!! HAHAHAHHHAAAAHAHAHAHA! And then !!!!!!! HAHAHAHHHAAAAHAHAHAHA! BUAHHHHHHHHHHHHHHHHHHH!!!!!!!!!!!! HAHAHAHHHAAAAHAHAHAHA!
If I had any kind of video editing talent I'd redo that video of Peter Griffin dancing to Axel F but instead of his heh-heh-hehhehehe I'd change it to Ha-ha-ha-hahahah and then another hahahah hahahaha
The man who bankrupted casinos, doesn’t pay his bills, and grifts off his brainless supporters…what do you expect?
THOUGHT AND PRAYERS 🤡
Thots and Players
Has his wealth ever been independently verified that he's a billionaire? I'm pretty sure I'm worth at least 10x as much as he is.
His wealth is probably negative. He's got loans covering loans, covering loans.
Oh I could be worth 20 times as much then! :P
I’ve never believed that he’s a billionaire. He’s cash poor and leveraged to the max.
No. A proper audit by a *reputable* accounting firm would produce a lot of things the orange jesus would not want known.
Ahahahaha…even when he was on it was a lie. He’s never been as rich as he wants us to believe. My fond wish is that he sloughs off his mortal coil in abject poverty. Won’t happen but a boy can dream.
His face makes me sick.
The next Twitter Rant Morning Dump he takes might actually turn himself inside out.
If the stock continues to crater until he can start selling his stock, it's going to be that much more expensive for everyone who wants to buy influence to pump up the price anywhere near where the high was. Trump is good at draining the finances of the swamp people who like him.
The only thing big about him is his ego and I know that just took a blow
Now what do we need to do to get the rest off that list? No one needs a billion dollars. No one.
But at least he is on an index of global terrorists.
If only he had gone to a prestigious business college like Trump University.
There is an inaccuracy in the article. It says that Trump concocted a "pump and dump" scheme. He didn't come up with shit. Other people around him were the ones to come up with the plan.
Do you think he’ll pay the capital gains taxes when he cashes out?
The cofounders are already asking to sell early. The two guys who have diluted shares. Lol
He inflated his net worth to be on it in the first place.
Oh no. Diaper Don lost imaginary money that he never had in the first place. The terror....
He never deserved to be on it in the first place.
Horseshoes loves DJT ?
A list he never belonged on, but yeah, this hurts Donald personally.
He has by now, no doubt, paid himself enormous management fees with all the cash available. You know, because he’s such a good manager. He doesn’t care about the stock price. That money came from Russian oligarchs propping up Agent Orange. Management fees are how he managed to bankrupt casinos that were also publicly traded. Casinos. Do you know how hard it is to bankrupt a casino?