Author Topic: No, Trump is not getting $3 billion from Truth Social  (Read 235 times)

0 Members and 1 Guest are viewing this topic.

Offline fatboy

  • Does this gun make me look fat?
  • Hero Member
  • *****
  • Posts: 2340
  • Reputation: +535/-54
  • skinnier than the average primitive
No, Trump is not getting $3 billion from Truth Social
« on: March 26, 2024, 09:42:11 AM »
Quote
edhopper (33,151 posts)

The amount is based on the value of Trump's shares in the new merged company. It is also based on the projected price when the stock goes public. Trump has to wait six months before he can sell. So that $3 billion is based on him selling ALL his shares, but we have no idea what a company with no assets, few subscribers and no advertisers will be selling for in 6 months

https://www.democraticunderground.com/100218810219

Although it took quite a bit longer than usual to log into my brokerage account today, I suspect due to high trading volume, I did manage to buy a few shares of DJT of which I considered it to be my patriotic duty.

Just doing my part to further the goals of Capitalism.  :tongue:
"We will bring back our jobs. We will bring back our borders. We will bring back our wealth - and we will bring back our dreams!" -President Donald J. Trump 1/20/17

Offline Ralph Wiggum

  • It's unpossible that I'm a
  • Hero Member
  • *****
  • Posts: 18560
  • Reputation: +2039/-49
Re: No, Trump is not getting $3 billion from Truth Social
« Reply #1 on: March 26, 2024, 10:44:34 AM »
I'm sure edhopper (33,151 posts) has considerable experience in IPO's. :whatever: :whatever: :whatever:

Most of the social media companies (Reddit is recent example), have NEVER made a profit in their decades conducting business.
Voted hottest "chick" at CU - My hotness transcends gender


Offline Old n Grumpy

  • Hero Member
  • *****
  • Posts: 7601
  • Reputation: +1399/-13
Re: No, Trump is not getting $3 billion from Truth Social
« Reply #2 on: March 26, 2024, 10:48:45 AM »
I'm sure edhopper (33,151 posts) has considerable experience in IPO's. :whatever: :whatever: :whatever:

Most of the social media companies (Reddit is recent example), have NEVER made a profit in their decades conducting business.

I think their goal is more to influence public opinion than it is to make money. Just more propaganda from the progressives
Life is tough and it’s even tougher when you’re stupid

Basking in the glow of my white Privilege, while I water the Begonias with liberal tears!

I will give up my guns when the liberals give up their illegal aliens

We need a Bull Shit tax to make the Democrats go broke!

Offline SVPete

  • Hero Member
  • *****
  • Posts: 25893
  • Reputation: +2228/-242
Re: No, Trump is not getting $3 billion from Truth Social
« Reply #3 on: March 26, 2024, 11:39:08 AM »
A distinction without a difference. Maybe by the time Trump can sell any stock the merged company could yield him a mere $2B ... or maybe $4B+.
If, as anti-Covid-vaxxers claim, https://www.poynter.org/fact-checking/2021/robert-f-kennedy-jr-said-the-covid-19-vaccine-is-the-deadliest-vaccine-ever-made-thats-not-true/ , https://gospelnewsnetwork.org/2021/11/23/covid-shots-are-the-deadliest-vaccines-in-medical-history/ , The Vaccine is deadly, where in the US have Pfizer and Moderna hidden the millions of bodies of those who died of "vaccine injury"? Is reality a Big Pharma Shill?

Millions now living should have died. Anti-Covid-Vaxxer ghouls hardest hit.

Offline fatboy

  • Does this gun make me look fat?
  • Hero Member
  • *****
  • Posts: 2340
  • Reputation: +535/-54
  • skinnier than the average primitive
Re: No, Trump is not getting $3 billion from Truth Social
« Reply #4 on: March 26, 2024, 01:05:29 PM »
Quote
gab13by13 (20,825 posts)

10. The price is inflated, it is losing money,
Reply to ProudMNDemocrat (Reply #5)

Tue Mar 26, 2024, 10:03 AM

it doesn't matter that no intelligent, honest person would invest a dime in it, the scheme is to launder money.

 :lmao: :lmao: :lmao: :lmao: :rotf: :rotf: :rotf: :rotf: :tongue: :tongue: :tongue: :tongue:
"We will bring back our jobs. We will bring back our borders. We will bring back our wealth - and we will bring back our dreams!" -President Donald J. Trump 1/20/17

Offline Airwolf

  • Hero Member
  • *****
  • Posts: 11511
  • Reputation: +604/-163
Re: No, Trump is not getting $3 billion from Truth Social
« Reply #5 on: March 26, 2024, 04:16:43 PM »
I wish I could post my image of the Mirror universe VRWC dagger and use it to say to the DUmp that we are taking over and you will learn to live in our world or not. :) Unfortunately my PC is unable to let me access my external drive due to a virus that attacked my PC when I clicked on something on Facebook.
MOLON LABE

"Someday, when all your civilization and science are likewise swept away, your kind will pray for a man with a sword."-- Conan the Barbarian

Clint Eastwood - Because God wanted Chuck Norris to have nightmares.

"I am not a Number,I am a free man"

"He's my hero, you don't put away your heros, you honor them!"

Offline DefiantSix

  • Set Condition One throughout the ship
  • Hero Member
  • *****
  • Posts: 17447
  • Reputation: +1719/-189
  • Captain, IKV Defiant
Re: No, Trump is not getting $3 billion from Truth Social
« Reply #6 on: March 26, 2024, 07:09:19 PM »
Quote
gab13by13 (20,825 posts)

10. The price is inflated, it is losing money,
Reply to ProudMNDemocrat (Reply #5)

Tue Mar 26, 2024, 10:03 AM

it doesn't matter that no intelligent, honest person would invest a dime in it, the scheme is to launder money.
:lmao: :lmao: :lmao: :lmao: :rotf: :rotf: :rotf: :rotf: :tongue: :tongue: :tongue: :tongue:

pResident Joe Bite-me has entered the chat...  :popcorn:

Now do embezzlement of taxpayer funds, DUm'Rat...
"Stand your ground. Don't fire unless fired upon, but if they mean to have a war, let it begin here."
-- Capt. John Parker

"I'm not looking for forgiveness, and I'm way past asking permission"
-- Capt. Steve Rogers

"In this present crisis, government in not the solution to our problem, government IS the problem."
-- Ronaldus Magnus