DJT Stock

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gounion
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DJT Stock

Post by gounion »

As of this moment of this writing, DJT stock - Truth Social - is down to 40.65, half of what it was on the first day. It lost something like $58 million last year on income of only $4 million.

And you idiots on the right want to tell us that Trump’s portion is worth $6 billion?

Every business Trump has ever started, except for his real estate holdings, has went out of business or bankrupt. Lessee - Trump University, Trump Airlines, Trump Steaks, Trump Vodka, Trump: the game, Trump Ice, GoTrump.com, Trump Tower Tampa, Trump Mortgages, Trump SoHo Hotel, Trump Plaza Hotel and Casino, Trump Taj Mahal, Trump Institute, and of course, the USFL. Plus, there were six or more hotels that died after heavy losses in the planning phase that just never opened.

Glenn tell us again how Trump is such a successful businessman? And tell me why you think this business will succeed?
Glennfs
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Re: DJT Stock

Post by Glennfs »

It will be a few years before we can judge the success or failure of truth social. Personally I am surprised it has so few subscribers. It makes you wonder just how popular is Trump.

Also it needs a big name to come on board. If Rush Limbaugh was alive and supporting it I guarantee you it would have a couple million followers.
" I am a socialist " Bernie Sanders
gounion
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Re: DJT Stock

Post by gounion »

Glennfs wrote: Fri Apr 05, 2024 10:11 pm It will be a few years before we can judge the success or failure of truth social. Personally I am surprised it has so few subscribers. It makes you wonder just how popular is Trump.

Also it needs a big name to come on board. If Rush Limbaugh was alive and supporting it I guarantee you it would have a couple million followers.
Oh? How long can you continue to make only four million in a year, and lose 58 million? I mean, c’mon. Hope springs eternal, I guess.
Glennfs
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Re: DJT Stock

Post by Glennfs »

gounion wrote: Fri Apr 05, 2024 10:18 pm Oh? How long can you continue to make only four million in a year, and lose 58 million? I mean, c’mon. Hope springs eternal, I guess.

I wouldn't know but I believe that MSFT was selling for under a dollar for quite some time.
I really wish I could look at truth social just out if curiosity. But I am afraid it is full of viruses.
" I am a socialist " Bernie Sanders
gounion
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Re: DJT Stock

Post by gounion »

Glennfs wrote: Fri Apr 05, 2024 11:24 pm I wouldn't know but I believe that MSFT was selling for under a dollar for quite some time.
I really wish I could look at truth social just out if curiosity. But I am afraid it is full of viruses.
But you can't make just four million a year and lose fifty-eight million and keep in business.

It's a trash fire, just like every other non-real estate business that Trump has ever done. Every last one has been a failure.

Donald Trump is a loser.
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Number6
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Re: DJT Stock

Post by Number6 »

Anyone investing in TFG or his schemes proves the adage "a fool and his money are soon parted."
When you vote left, you vote right.
gounion
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Re: DJT Stock

Post by gounion »

Number6 wrote: Sat Apr 06, 2024 4:10 pm Anyone investing in TFG or his schemes proves the adage "a fool and his money are soon parted."
What gets me is that Glenn seems to want to believe with all his heart that the business HAS to be successful, because it’s Trump! He’s wedded to the idea that Trump is such a successful guy, when it’s easy to see that he’s nothing more than a scammer.
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Re: DJT Stock

Post by Glennfs »

gounion wrote: Sat Apr 06, 2024 5:08 pm What gets me is that Glenn seems to want to believe with all his heart that the business HAS to be successful, because it’s Trump! He’s wedded to the idea that Trump is such a successful guy, when it’s easy to see that he’s nothing more than a scammer.
He went from around 100 million to multiple billions. That by definition is successful.
" I am a socialist " Bernie Sanders
Glennfs
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Re: DJT Stock

Post by Glennfs »

Number6 wrote: Sat Apr 06, 2024 4:10 pm Anyone investing in TFG or his schemes proves the adage "a fool and his money are soon parted."

I agree with you entirely. I wonder if Trump had ever lost any money personally on any of his business failures.

Take this one for example. After 6 months he can start selling and shorting his holdings.
With 75 million shares if he gets 10 a share that's 750 million. If it goes belly up he has lost nothing.
" I am a socialist " Bernie Sanders
gounion
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Re: DJT Stock

Post by gounion »

Glennfs wrote: Sat Apr 06, 2024 7:33 pm I agree with you entirely. I wonder if Trump had ever lost any money personally on any of his business failures.

Take this one for example. After 6 months he can start selling and shorting his holdings.
With 75 million shares if he gets 10 a share that's 750 million. If it goes belly up he has lost nothing.
If I recall, one of his early bankruptcies, he damned near lost a lot, personally. I know he had to give up his boat. But after that, nah. It's always other people's money, and going bankrupt means you get out of paying what you owe.

He would be a lot more broke if he had to pay back the money he had borrowed in his bankruptcies.

But as I recounted earlier, most of his businesses have resulted in abject failure. This won't be any different. He's a terrible businessman.
Motor City
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Re: DJT Stock

Post by Motor City »

https://www.youtube.com/watch?v=Qajb3Y4tjuA

Daniel Plainview's I Drink Your Milkshake
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Glennfs
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Re: DJT Stock

Post by Glennfs »

gounion wrote: Sat Apr 06, 2024 8:28 pm If I recall, one of his early bankruptcies, he damned near lost a lot, personally. I know he had to give up his boat. But after that, nah. It's always other people's money, and going bankrupt means you get out of paying what you owe.

He would be a lot more broke if he had to pay back the money he had borrowed in his bankruptcies.

But as I recounted earlier, most of his businesses have resulted in abject failure. This won't be any different. He's a terrible businessman.


If a person starts a business and that business goes under but, the person who started it makes money is that a failure?
" I am a socialist " Bernie Sanders
gounion
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Re: DJT Stock

Post by gounion »

Glennfs wrote: Sun Apr 07, 2024 10:00 am If a person starts a business and that business goes under but, the person who started it makes money is that a failure?
So going bankrupt and all the banks and investors losing money is just fine, just as long as DJT makes a killing?

I doubt many of his businesses made any money. Trump Airlines was a flop. And look what he did to the USFL.

It’s funny watching you bend over backwards to try to make Trump out to be a success. He’s a scam artist, that’s all.

Tell me how great Trump University was.
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Re: DJT Stock

Post by Glennfs »

gounion wrote: Sun Apr 07, 2024 10:07 am So going bankrupt and all the banks and investors losing money is just fine, just as long as DJT makes a killing?

I doubt many of his businesses made any money. Trump Airlines was a flop. And look what he did to the USFL.

It’s funny watching you bend over backwards to try to make Trump out to be a success. He’s a scam artist, that’s all.

Tell me how great Trump University was.
I doubt he lost any money on the ventures. Again if you start with $1 and end with $50 you are successful by definition.
" I am a socialist " Bernie Sanders
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Number6
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Re: DJT Stock

Post by Number6 »

Glennfs wrote: Sun Apr 07, 2024 10:53 am I doubt he lost any money on the ventures. Again if you start with $1 and end with $50 you are successful by definition.
And if a con man/grifter starts out with $50, makes $100 off his victim, gets caught and only pays a $50 fin, then he's made $50 but he's still a con man/grifter.
When you vote left, you vote right.
gounion
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Re: DJT Stock

Post by gounion »

Glennfs wrote: Sun Apr 07, 2024 10:53 am I doubt he lost any money on the ventures. Again if you start with $1 and end with $50 you are successful by definition.
So drug dealers are successful businessmen, right?
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Re: DJT Stock

Post by Glennfs »

gounion wrote: Sun Apr 07, 2024 2:57 pm So drug dealers are successful businessmen, right?
How many times does thar make for Dear Leader? I quit counting but I am guessing it is around 1235.

Because anytime you can't refute an argument you simply bleat Dear Leader. Showing you aren't only dim witted you also can't defend your positions or dispute those different from yours.

Just like Trump.
" I am a socialist " Bernie Sanders
gounion
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Re: DJT Stock

Post by gounion »

Glennfs wrote: Sun Apr 07, 2024 3:34 pm How many times does thar make for Dear Leader? I quit counting but I am guessing it is around 1235.

Because anytime you can't refute an argument you simply bleat Dear Leader. Showing you aren't only dim witted you also can't defend your positions or dispute those different from yours.

Just like Trump.
Um, that’s not in the post you quoted.

Why do you always run to Trump’s defense?
Glennfs
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Re: DJT Stock

Post by Glennfs »

gounion wrote: Sun Apr 07, 2024 3:43 pm Um, that’s not in the post you quoted.

Why do you always run to Trump’s defense?
Actually this was an anti Trump thread which was attempting to point out how DJT was a win win situation for Trump. While attempting to have an actual discussion about Truth Social and maybe his other business " failures".

But, of course you being obsessed with the Bible oops I mean Trump ( I confused you with my grandfather) you don't have the ability to have an actual discussion about Trump.
" I am a socialist " Bernie Sanders
bradman
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Re: DJT Stock

Post by bradman »

Number6 wrote: Sun Apr 07, 2024 2:24 pm And if a con man/grifter starts out with $50, makes $100 off his victim, gets caught and only pays a $50 fin, then he's made $50 but he's still a con man/grifter.
Kinda looks like the whole thing is another of Trump's pump and dumps. Helluva way to make money.
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JoeMemphis
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Re: DJT Stock

Post by JoeMemphis »

bradman wrote: Mon Apr 08, 2024 11:03 am Kinda looks like the whole thing is another of Trump's pump and dumps. Helluva way to make money.
I wouldn’t invest in this type of investment personally. Too volatile for me. It’s outside my risk tolerance. But there are investors out there who like to play in these markets. The potential return is worth the risk to them. The fact that it’s currently losing money isn’t dispositive. Lots of startups lose money in the early years. Twitter is an example. The question I would have is whether it is performing as projected and what are the projections. It may not be making money currently but it may have the potential to make money.
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Re: DJT Stock

Post by bradman »

JoeMemphis wrote: Mon Apr 08, 2024 11:32 am I wouldn’t invest in this type of investment personally. Too volatile for me. It’s outside my risk tolerance. But there are investors out there who like to play in these markets. The potential return is worth the risk to them. The fact that it’s currently losing money isn’t dispositive. Lots of startups lose money in the early years. Twitter is an example. The question I would have is whether it is performing as projected and what are the projections. It may not be making money currently but it may have the potential to make money.
i have yet to buy a scratch off or lottery ticket. i've been in the casino's but the only dime i've ever dropped there is for a sure thing. A beer. Same goes for the Stock Market. It's gambling and the money that comes from gambling is ill gotten gains. It promotes greed. Being frugal is one thing, coveting money another.

I get what you're saying. If it was anyone else but Trump that is.
I am not a member of any organized political party. I am a Democrat. [Will Rogers]
JoeMemphis
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Re: DJT Stock

Post by JoeMemphis »

bradman wrote: Mon Apr 08, 2024 11:51 am i have yet to buy a scratch off or lottery ticket. i've been in the casino's but the only dime i've ever dropped there is for a sure thing. A beer. Same goes for the Stock Market. It's gambling and the money that comes from gambling is ill gotten gains. It promotes greed. Being frugal is one thing, coveting money another.

I get what you're saying. If it was anyone else but Trump that is.
I don’t share your view on investing. Without investors we would all be farmers. You can argue it’s gambling I suppose. There is risk. But there is risk in everything we do. Life is a gamble. The difference is risk tolerance and for some folks it’s very high and for others it’s low. Very few things in life are sure bets. There is risk in everything we do.
Glennfs
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Re: DJT Stock

Post by Glennfs »

JoeMemphis wrote: Mon Apr 08, 2024 11:32 am I wouldn’t invest in this type of investment personally. Too volatile for me. It’s outside my risk tolerance. But there are investors out there who like to play in these markets. The potential return is worth the risk to them. The fact that it’s currently losing money isn’t dispositive. Lots of startups lose money in the early years. Twitter is an example. The question I would have is whether it is performing as projected and what are the projections. It may not be making money currently but it may have the potential to make money.

Anyone who invests in this stock isn't much of an investor. Unless they were shorting the stock.
" I am a socialist " Bernie Sanders
JoeMemphis
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Re: DJT Stock

Post by JoeMemphis »

Glennfs wrote: Wed Apr 10, 2024 7:49 am Anyone who invests in this stock isn't much of an investor. Unless they were shorting the stock.
There are investors who are high risk / high reward type of investors. I guess they have the money to speculate. I’m not that guy. But if you are a startup and don’t have startup capital and don’t fit the bank model, you may have to go to a venture capitalist / angel investor. Thats where many startups go for their money.
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