Anonymous wrote:Stock DJT reached a new record low today, 15.35. It has rallied back to 16.68 now, but still lower than last week's close of 16.92.
For a stock that was as high as 71.93, that's not very good. T-9 days until he can sell anything.
Anonymous wrote:10% drop today. His stake is finally below 2B, about 1.9B at closing.
Anonymous wrote:Stock DJT reached a new record low today, 15.35. It has rallied back to 16.68 now, but still lower than last week's close of 16.92.
For a stock that was as high as 71.93, that's not very good. T-9 days until he can sell anything.
Anonymous wrote:Anonymous wrote:
The invisible hand just whacked Trump. Karma.
You mean Kamala.
Anonymous wrote:
The invisible hand just whacked Trump. Karma.
Anonymous wrote:Anonymous wrote:They won't be able to sustain the losses for much longer. I smell (another) bankruptcy.
https://finance.yahoo.com/news/trump-truth-social-lost-16-192807088.html
The parent company of Truth Social said on Friday in its latest filing with the Securities and Exchange Commission that it had earned $837,000 in revenue for the second quarter of 2024 — down 30 percent from the same period last year — and had also paid millions of dollars to cover legal expenses related to its merger with special purpose acquisition company Digital World Acquisition Corp.
Further, a press release states: “Additionally, the Company incurred $3.1 million of IT consulting and software licensing expenses, primarily related to its software licensing agreement to power its new TV streaming service.”
He can’t go bankrupt. He’ll just take what he wants from the RNC.