General Discussion

SouthernCal_Dem

(852 posts) Fri Apr 12, 2024, 01:48 PM Apr 12

Trump BEGS His Supporters to Buy His TANKING Social Media Stock [View all]

Why not? Considering Trump University and Trump Steaks were such a smashing success.

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Trump Insists Truth Social Shows ‘Love of our Country’ and Asks Fans to ‘Support’ It as Stock Price — and His Net Worth — Plummets
Apr 12th, 2024, 11:46 am

Former President Donald Trump insisted that Truth Social “Shows the Spirit and Love of Our Country” as the social media company’s stock price continued to plummet on Friday.

On March 26, Trump Media and Technology Company, the firm that owns Truth Social, went public. One day later, its stock price exceeded $66 per share (it had previously reached a high of nearly $80). Since then, however, the stock has lost more than half its value, standing at under $31 per share as of late Friday morning.

For Trump, who owns more than 78 million shares of stock in the company, the crash has significant personal financial implications as he continues to grapple with various legal costs and penalties.

Those implications were reflected in a statement he released on none other than Truth Social Friday morning in which he implored his political following to “support TRUTH.”

More....

https://www.mediaite.com/trump/trump-insists-truth-social-shows-love-of-our-country-and-asks-fans-to-support-it-as-stock-price-and-his-net-worth-plummets/

52 replies

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Highlight:

Trump BEGS His Supporters to Buy His TANKING Social Media Stock [View all] SouthernCal_Dem Apr 12 OP

TSF and his MAGA cult love this country so much they want to dismantle it. Deuxcents Apr 12 #1

Old New Yorkers knew his father and it are liars, cheats, scum .. Traurigkeit Apr 12 #41

I'm showing MY love of country by NOT giving him a single penny! calimary Apr 12 #2

He should be happy the stock is as high as $31/share Silent3 Apr 12 #3

It damn well might plunge to a penny stock.... democratsruletheday Apr 12 #32

This has got to be a violation of SEC rules VMA131Marine Apr 12 #4

If all he said is "Support Truth", that's not actionable. WarGamer Apr 12 #5

Despite being the majority shareholder, he's not on the board of that company. FSogol Apr 12 #11

As a majority shareholder, he doesn't have to be on the board to be on the hook. eggplant Apr 12 #14

the sick S.O.B. welcomes more indictments IMO democratsruletheday Apr 12 #33

double post, sorry folks democratsruletheday Apr 12 #34

"Get a free Bible and a pair of spray-painted sneakers with every share" struggle4progress Apr 12 #6

And he calls others Conjuay Apr 12 #7

Isn't this stock manipulation? I thought this was against the law. boston bean Apr 12 #8

His post is not stock manipulation. It doesn't mention the stock. onenote Apr 12 #13

Couldn't they make three shares into one share? LiberalFighter Apr 12 #9

"Meet me on Wall Street. Be there. Will be wild!" Sogo Apr 12 #10

Where in his post does he ask people to buy his stock? onenote Apr 12 #12

He needs someone to grab him by the collar and say... Hope22 Apr 12 #15

Self respect? SergeStorms Apr 12 #36

Thanks for the laugh! 😂🤣😂🤣 Hope22 Apr 12 #42

Thank you. SergeStorms Apr 12 #43

I can't say I know exactly how you feel but I can say I'm pretty sure I know exactly how you feel Deuxcents Apr 12 #44

Yeah, me too. SergeStorms Apr 13 #49

This is the definition... orwell Apr 12 #16

Because readers can see that he did not urge purchase of stock. . . . . nt Bernardo de La Paz Apr 12 #25

Wow it went back to around where it started the day IbogaProject Apr 12 #17

Any dollar that goes to that instead of GOP Johonny Apr 12 #18

Who put such a high value Mz Pip Apr 12 #19

Too bad Diraven Apr 12 #20

Not his billionaire associates. SergeStorms Apr 12 #40

Do they take flags and red hats as collateral? bucolic_frolic Apr 12 #21

Maybe they'll take Trump dollars? keithbvadu2 Apr 12 #38

Lately my go-to Solitaire app has ads for TS. SleeplessinSoCal Apr 12 #22

Just appeared again... SleeplessinSoCal Apr 12 #46

The revenue per year is about equal to a successful McDs. Just one. So one hamburger joint twodogsbarking Apr 12 #23

Media's Touch yankee87 Apr 12 #24

This is securities fraud LetMyPeopleVote Apr 12 #26

They can't buy shoes 👟 hats bibles 📖 AND stock. live love laugh Apr 12 #27

"Take; eat. This is my body. Not really, but I AM your Lord and Savior, you know." Grokenstein Apr 12 #28

LOL. Translation: Buy it so it's worth something when I dump it first chance I get - leaving you holding the bag. Hassin Bin Sober Apr 12 #29

When they lose everything, they can blame Antifa, Deep State, and Woke IronLionZion Apr 12 #30

They already are Bernardo de La Paz Apr 12 #37

Let's see a MTG testimonial Blue Owl Apr 12 #31

I saw a report today that said MTG has lost democratsruletheday Apr 12 #35

Me too -- that fueled the above posting! Blue Owl Apr 12 #47

Jared has money to invest. Let's see if his family believes in him. keithbvadu2 Apr 12 #39

Please proceed. Getting scammed by their hero will wake them up ecstatic Apr 12 #45

omg... if there were Biden or Obama hawking their own stock ... MAGATs would explode BlueWaveNeverEnd Apr 12 #48

Still conning his suckers. Emile Apr 13 #50

He doesn't have the brains or discipline to run a public company. C_U_L8R Apr 13 #51

I don't remember Bill Gates having to beg the public to buy Microsoft. no_hypocrisy Apr 13 #52