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Watch out for those bridges!

Trump Media now has a combination of other factors that make for a high risk of another plummet. Here is the list: First, the fundamentals are significantly weak, offering only a paltry level of "real" support for the stock price in the single digits Second, the 50% increase in common shares, by itself, cuts the price per share support by 1/3. Those shares are just now being registered, so the official adjustments in the per share pricing and valuations are approaching Third, the registering for "resale" of the enormous 204M shares now issued. The majority of the shares are not tradable (in any form) until the SEC approves the registration. Today's fewer outstanding shares will give way to both a major increase in shares and the addition of different investors Fourth, "investors" should be in quotes because many shareholders come from having lent money to the company in the form of convertible debt. The "repayments" were forced conversions into common stock at the time of the merger. Will these new investor-lenders want to hang around, now that they have common stock shares? Probably not, especially after witnessing that recent selloff from $70 to the low-$20s Fifth: True irony - There were important supporters and companies who helped create and oversee Digital World Acquisition Company' operations from 2021 to early 2024 that have now been sued by Donald Trump for various reasons. They all disagree and have filed counter-lawsuits. (It is the reason for escrowed shares - the lawsuits continue). So, do not be surprised if these shareholders are willing sellers Sixth, there are sizable shareholdings that were acquired at prices below the $10 IPO price. That means that even if the stock price falls below $10, they could still sell for a gain. Therefore, the $10 price level is likely only a temporary support barrier https://www.forbes.com/sites/johntobey/2024/05/01/trump-media-stock-djt-at-risk-of-a-new-short-selling-plunge/ damn those pesky facts and fundamentals...

Mom, Dad & the Government will take care of everything......... Not everyone's kids but some are like that And as I read that I heard Mikes voice....

Starting off this morning with some thunderstorms moving through with temps on the low 50s.

you can keep the belt drive as well. what a gimmick.

if I did, I'd move to Quebec

Missed the sunrise bit it should be a good day.

Packed house and great racing….

Heard Ford’s Ev division sold 10,000 units last quarter, and lost 1.3 billion dollars. 130,000 per unit. How long before for the taxpayer steps up and rights this wrong? Ya know, take another high hard one, dry….for the climate?

That's awesome.

For every day use on the Jesus Clips, I spent the big bucks and bought a set of Facom pliers with changeable tips. $140. https://www.mscdirect.com/product/details/04571246 I also have a few sets of the Channellocks (Lange is the same in orange) with the changeable tips. Like $25 a set. Worth it either way you go. Facom and Channellocks tips are interchangeable. For ripping Team secondaries and larger stuff apart, I bought the Klutch brand from Northern Tool and ground the tips down to fit. The Facom and Channellocks just don't have the rigidity to take those apart. https://www.northerntool.com/klutch-9in-external-snap-ring-pliers-39915

Sort of like a mad Lloyd.

Pete's dumb as fuck....and mad.

And that’s why you’re uneducated, you have no clue about economics nor what’s driving inflation. It’s like saying you need a new mayor because you don’t like gas taxes without realizing the mayor has nothing to do with it. “I live in this town, that’s all that matters.” Good logic, Pete.

More “Death to America” types coming here…awesome

Don’t fucken come to Canada,