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Post by flatandy on Mar 23, 2024 2:22:27 GMT
I’m not sure he could use the billions in stock for anything. He can’t sell - not enough people will buy, certainly not institutions. So it won’t help with his $500m bill, I don’t think.
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voice
New Member
Goals are a form of self inflicted slavery
Posts: 40,262
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Post by voice on Mar 23, 2024 3:58:58 GMT
My feeling the judge will grant an extension. I have no confidence he'll ever face the consequences of his actions. And he'll certainly never see any of the criminal trials cometo fruition
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mids
New Member
Posts: 58,736
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Post by mids on Mar 23, 2024 5:55:00 GMT
RF.
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Post by perrykneeham on Mar 23, 2024 7:09:15 GMT
BINO - Billionaire In Name Only. That is often the case. It is also usually enough.
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Post by flatandy on Mar 23, 2024 13:17:31 GMT
I’m not sure $500m is “free” exactly. It feels like quite a lot to pay
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Post by marechal on Apr 1, 2024 18:16:50 GMT
Trump's Truth Social company ($DGT) earnings: Revenue of $4.1M while putting up $58M in loses. "Winning" like most of his businesses. This with a market cap of over $5Billion. "Fair value" just like his real estate.
Anyone catching on yet that he's a fraud? The stock is down ~25% today. The NYSE is being weaponized against him!!
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voice
New Member
Goals are a form of self inflicted slavery
Posts: 40,262
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Post by voice on Apr 1, 2024 18:38:31 GMT
apparently its the most shorted stock in recent history
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Post by marechal on Apr 1, 2024 18:50:11 GMT
I don't think that's true. CVNA was up to 40% shorted a couple months back.
His stock symbols is DJT (of course), and not DGT.
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voice
New Member
Goals are a form of self inflicted slavery
Posts: 40,262
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Post by voice on Apr 1, 2024 19:00:20 GMT
Lost 26% so far today, and no sign of it bottoming out aparently
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Post by marechal on Apr 1, 2024 19:01:39 GMT
Maybe they could inject it with disinfectant or something. Someone should look into that.
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Post by perrykneeham on Apr 1, 2024 19:59:31 GMT
Fun to watch rational people trying to make sense of the "markets".
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voice
New Member
Goals are a form of self inflicted slavery
Posts: 40,262
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Post by voice on Apr 2, 2024 1:24:05 GMT
They make no sense to me
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Post by perrykneeham on Apr 2, 2024 7:30:40 GMT
That's entirely by design. They not for outsiders.
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Post by flatandy on Apr 2, 2024 12:33:22 GMT
The markets are irrational, but they are usually irrational within certain bounds. The value of Trump Media/Truth Media stock is almost entirely irrational. Almost nobody uses it and usage is falling - the irrational expectation is that if Trump wins usage will explode and it’ll be worth what Elmo paid for Twitter, and they’ll make a fortune. But there seems to be zero evidence that would happen even if Trump wins. There’s no underpinning to this and the markets aren’t idiots and are shorting it. I feel fine about the people who are going to get screwed either way, of course.
Meanwhile, in extra irrational news, Trump posted his fraud bond yesterday after someone who sells super-high interest, sub-prime car loans, who has previously leant him hundreds of millions, lent more to him.
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Post by marechal on Apr 2, 2024 18:37:18 GMT
The market is not for outsiders?
Of course it can be irrational, it moves on people's decisions. It's still one of the best wealth creators there is.
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Post by perrykneeham on Apr 2, 2024 18:49:14 GMT
Can you get stockmarket prices in real time now?
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Post by marechal on Apr 2, 2024 18:55:05 GMT
There may be a couple second delay, but yes.
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Post by perrykneeham on Apr 2, 2024 19:16:29 GMT
Long enough to exclude everyone without the right systems and access then. Not an open market.
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Post by marechal on Apr 2, 2024 19:25:12 GMT
Because all profits are made in the span of a couple seconds?
If you'd bought Nvidia stock 8-10 years ago you'd be up over 4,000% by now.
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Post by perrykneeham on Apr 2, 2024 19:35:56 GMT
Not all. Enough. I wonder who had the chance to get in at the ground floor.
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