Trump's Truth Social new financials posted today, its worse than you think

Trump's Truth Social company posted its new financials to the SEC today.

The firm generated just $4.1 million (with an M) revenue for all of 2023, while racking up $58 million in net losses.

Market cap is > $6 billion.

(This isn't an April 1 joke.)

https://t.co/8MrCbNDHiT
 

 

Edited April 1, 2024Apr 1 by Mainecat

13 minutes ago, Mainecat said:

Now he HAS to attend his son Baron Avon Shtuff’s graduation. The judge gave the entire court off so he can attend to the whiney request.

Oh noes he wants to go to his sons graduation, how terrible that he wants to be a dad.  trumps a cunt but bitching about that sort of thing makes you one as well

Another green day? 🤣....off to a good start.  Too bad....haters. put those pom poms in the closet

$2 LMAO 🤣 .... But but the fundamentals. 😆 

 

 

 

 

7 minutes ago, ViperGTS/Z1 said:

Another green day? 🤣....off to a good start.  Too bad....haters. put those pom poms in the closet

$2 LMAO 🤣 .... But but the fundamentals. 😆 

 

 

 

 

 

Poor Deepfaggot.  

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... 

Fundamentals? ..... This stock has never traded on fundamentals.

Seventh:   It has the very popular Trump recognition name....few realize the value of that. 

 

Traders have already made a fortune on this one.  I'm sure many jumped in, In the $20 range and they're sitting pretty right now if they haven't already sold.   Good for them.  Years ago I would have been one of them..... But I've gotten to be a very boring old man... Not willing to take the risks I used too..... Kinda like you old farts weighing the risks of fundamentals and actual earnings...... 💤.    B.   O.   R.  I.  N.  G.      

   In reality, this is a live one and a money maker for those that want to gamble. 

deranged... 

 

$2pps... 

Just how many stocks on the Nas are valued by current earnings?

1 minute ago, Crnr2Crnr said:

deranged... 

 

$2pps... 

 

You're fucked.

2 minutes ago, ArcticCrusher said:

 

You're fucked.

you're weird 

3 minutes ago, ArcticCrusher said:

 

You're fucked.

Fucked is believing propaganda but not having the balls to defend it.  You are the epitome of fucked.

1 minute ago, Deephaven said:

Fucked is believing propaganda but not having the balls to defend it.  You are the epitome of fucked.

You're beyond help fool.

Just now, ArcticCrusher said:

You're beyond help fool.

You have the power to show the whole forum that.  Pick any topic in your lunacy thread and defend it's stupidity.  Show the world I am wrong.  I bet you don't even have the balls to try as you know you will be the one everyone thinks is the fool.

13 minutes ago, ArcticCrusher said:

Just how many stocks on the Nas are valued by current earnings?

 

buy some DJT... 

1 minute ago, Crnr2Crnr said:

 

buy some DJT... 

Do you have a beach nearby to pound sand in?

Just now, ArcticCrusher said:

Do you have a beach nearby to pound sand in?

not today, you?  

DJT: Trump Media reports $770,500 revenue for first quarter, net loss of $327.6 million

https://www.cnbc.com/2024/05/20/trump-media-djt-q1-2024-earnings.html

only down 9.5% so far today

fucking garbage stonk 

 

 

he wants to be POTUS and control his own media... Goebbles would be proud of Adolph Jr.

27 minutes ago, Crnr2Crnr said:

DJT: Trump Media reports $770,500 revenue for first quarter, net loss of $327.6 million

https://www.cnbc.com/2024/05/20/trump-media-djt-q1-2024-earnings.html

only down 9.5% so far today

fucking garbage stonk 

 

 

he wants to be POTUS and control his own media... Goebbles would be proud of Adolph Jr.

Yeehaw....This looks like a pom pom day for you girls!  You go girl 😆..... It's been a while since you had anything to cheer about.

1 hour ago, ViperGTS/Z1 said:

Yeehaw....This looks like a pom pom day for you girls!  You go girl 😆..... It's been a while since you had anything to cheer about.

 

$2 stock...

 

3 minutes ago, Crnr2Crnr said:

 

$2 stock...

 

It won't even come close to that unless he loses election 

1 minute ago, ViperGTS/Z1 said:

It won't even come close to that unless he loses election 

the election has nothing to do with the valuation... it's worth about $2 sport.

Just now, Crnr2Crnr said:

the election has nothing to do with the valuation... it's worth about $2 sport.

Yeah.... Good luck with that! 😂 

 The stock does not trade on true valuations.     This is a trader's dream

Just now, ViperGTS/Z1 said:

Yeah.... Good luck with that! 😂 

 The stock does not trade on true valuations.     This is a trader's dream

 

it's basically a pink sheet as far as I'm concerned 

2 minutes ago, Crnr2Crnr said:

 

it's basically a pink sheet as far as I'm concerned 

Well, no need for you to concern yourself. 

 

 

Viper and Karen