I'm no stock expert, but DJT goin' down, eh?

This stock be goin' down, looks like.

Reflects investor confidence, or lack thereof, in things Trump, and, of course........as always.,..'

"ETTD"

Right?

I'd be sellin' short on this one. But, I'm no expert and do not take my word for it.

https://www.cnbc.com/quotes/DJT

But with sneakers, Bibles, whatever this irreligious faker and flim flam man can do to grift a buck for his legal woes.

"You can't fool all the people all the time, but you can fool some of the people, some of the time, and...........it's just enough to make a good living!" --W.C. Fields

 

THE CON IS ON !

I see an SEC investigation in Orange's future !

( I hope those shares are printed on soft, absorbent paper so they have a use in the future)

 

Crossing my fingers that my puts make me a small fortune. Looks like you can count on trump…

…to FAIL!

 

The figures speak for themselves.

Truth Social is losing money and its user base is shrinking.

So, yes, the stock is going to take an appreciable hit.

When Trump has the right to trade his shares (in 6 months), I predict that the share value will be below $1.

 

You should be one of those stock gurus who advise people.

 

And yet not a single lib can cite a business or stock that Biden created. Not one. Same thing with Obama and Clinton. Why?

 

Did any of them inherit pretty much all of their wealth and spend the next few decades bouncing between bankruptcy to fraud to affair?

trump is a grifter
From bibles
To shoes
To steaks
To college
To charities
To casinos

 

Today's small drop is just within the noise. Never underestimate the willingness of MAGA to throw money at Trump stuff. Time will tell.

 

Biden got all his wealth from the tax payers.

 

The market feels the same way. I've never seen such a high premium for put options. The 9/20/24, $60 strike puts are over 50% of the stock price. That's unheard of. But it's the only way to go because the carry on shorting the stock is in nosebleed territory. Partly because the float is so small. Partly because the company hardly generates any revenue and lost $400M in the last 3 quarters. Partly because of the demand to be short. If it didn't have Trump's name on it they never could have taken it public which is why they did it through a SPAC.

DJT is his crowning achievement as a thieving fraud. Sealing his status as the greatest conman of all time. This guy makes Bernie Madoff look like a choir boy.

 

Working for government doesn't provide that kind of wealth. I think most of it came from influence peddling.

 

You can only peddle influence if you have some political influence to peddle.

 

You can "THINK" whatever you like. Comer Pyle couldn't come up with a thing that PROVED it; and god knows he tried.

 

Well, The Big Guy got 10% from the Bag Man aka Hunter.

 

Yeah, former presidents know better than to grift their base. Being prez isn't a business, but donny doesn't seem to know that.

 

You're kidding, right?

If not, Joe got nuttin' from his kid.

Stop saying sh*t that isn't true.

 

Man, I wish I understood all that stuff like you do.

 

Really? If I would work until the age of 81, at my current salary and savings rate, assuming a market return of 8% on average, I'd also have $10 million, and I am only a lowly professor at a state university.

Compound interest is magical. Trump should have tried it with his inheritance, instead of gambling in the real estate market. Maybe, he'd be a REAL billionaire by now and could ACTUALLY self-fund his campaign, instead of needing to fleece his followers.

 

Technically true — the vast majority of his wealth came from books sales within the United States

I see the topic is causing some hurt feelings so we need to deflect to others. And we haven’t even gotten to the election yet!

 

All of Comer Pyle's evidence to the contrary.

 

Options are a way to get leverage on a stock's direction in a less expensive way than buying or shorting the stock outright. A put or call option essentially represents 100 shares of the underlying stock. Buying a put option is a way to bet on a stock's decline. Normally, what you pay for the option is a fraction of the price of the stock because there is a time component to options. They all have expiration dates so they can expire as worthless if the stock doesn't move in the direction you thought it would.

Bottom line, the reason put options for DJT cost so much is because of the high demand to own them since there is widespread belief the stock will suffer a large decline once the company's financial fundamentals are reflected in the price. The stock, from a financial standpoint, is pretty much worthless due to a lack of revenue and earnings.

 

[QUOTE="cd8ed, post: 1074729125, member: 55136"
trump is a grifter
From bibles
To shoes
To steaks
To college
To charities
To casinos[/QUOTE]

Or as the non TDS crowd calls it, an entrepreneur.

 

Don't try to understand this stuff. Just dollar cost average 10% of each paycheck into a low cost Vanguard (or Fidelity) index fund (for example VTSAX, or Wellington, if you are less adventurous) and put it on autopilot. You'll be fine and better off than the market timers and individual stock gamblers in the long run. Investing these days is REAL simple, but of course the money managers don't want you to believe this.

 

Not a "vast majority", unless someone was buying thousands of book in order to funnel money to him.

Who's feelings are hurt?...lol

 

Because now, according to the MAGA, being a businessman is a prerequisite for being POTUS.

Even when you've been bankrupt 6 times.... And you're on your way to a 7th.

Under Biden, the stock market hit record highs.

Doesn't that count for something?