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What does the future hold for Donald Trump? - threadbans in OP

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  • Registered Users Posts: 2,528 ✭✭✭eightieschewbaccy


    The way he's behaving in the trial is definitely not gonna help him in the court of public opinion. I can't wait to see how it hits in terms of his polling. Say he's fuming.



  • Registered Users Posts: 5,268 ✭✭✭Cody montana


    Ex-Playboy model Karen McDougal who claims she had a ten month affair with former President is cleared to testify at his hush-money trial





  • Registered Users Posts: 82,412 ✭✭✭✭Overheal


    ex Trump Congressman, Madison Cawthorn of NC, where is he now edition:

    https://www.newsweek.com/madison-cawthorn-republican-crashes-car-florida-state-trooper-1890638



  • Registered Users Posts: 3,858 ✭✭✭Rawr


    Most of the time, the money from a share purchase is going to whoever is selling those shares, often not the company itself. Plenty of swapping between hands in the hope that whoever is selling will make a little profit on the sale if the shares value goes up. It's essentially gambling with little chucks of company ownership.

    No expert myself, but I think that the company that's putting itself on the market does get money from the initial sale of available shares, or at least whoever it is that owns those inital shares. Donnie isn't allowed to sell his shares yet, but once he can, all of that money goes to him (or the SDNY depending on what happens).

    But since the share value is tanking, you're getting the initial investors wanting to sell their stocks before their investment is a total loss for them. So they sell at a loss, which drops the value of the shares and scares others into selling at a loss, which drops the value of the shares…and so on…in this insane emotion-driven bulls*it production that the world's economy is apparently built upon.



  • Moderators, Politics Moderators, Social & Fun Moderators Posts: 15,454 Mod ✭✭✭✭Quin_Dub


    All correct - You also have the scenario where no one (or very few people) is buying the stock and the price keep dropping as the share price is the current "asking price" as it were.

    If no one is biting , the asking price keeps dropping so if/when they get the approval to release all the available shares to the market the share price will plummet as supply will far outstrip demand.

    The drop yesterday was the result of any actual sensible shareholder bailing out now before that total collapse happens.



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  • Registered Users Posts: 82,412 ✭✭✭✭Overheal


    ”imagine committing so many crimes you get bored at your trial”



  • Registered Users Posts: 6,304 ✭✭✭LambshankRedemption


    Never mind his kids gradutation, he didn't even attend the inauguration of his successor.

    Part of me thinks the reason he doesn't attend graduations is because he thinks he is worthy of the bigger prize on the day.



  • Registered Users Posts: 766 ✭✭✭Detritus70


    "I'm not a Trump supporter, but..." is the new "I'm not a racist, but...".



  • Moderators, Politics Moderators, Social & Fun Moderators Posts: 15,454 Mod ✭✭✭✭Quin_Dub


    It's the MAGA's - They see it as an article of faith to give him all their money so he can take them to the promised land..

    I read an article the other day and it was quoting various reddit threads where the MAGA's were talking about wanting to "support their President" and having been "sent by God" to buy the stock as they discussed draining their Roth IRA (Pension) accounts to buy this junk..

    The only other people buying the stock are short sellers , but they are few and far between because there are very limited numbers of people that are willing to buy the other side of that trade.



  • Registered Users Posts: 3,858 ✭✭✭Rawr


    Can still take time. Plenty of shenigans to pull off before the shares are worthless. You've also got the wierd phenomenon of MAGA cultists buying shares as tribute to their God-King. That not enough to actually rescue the $DJT shares from oblivion, or increase their value, but it might slightly delay the total collapse of them.



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  • Registered Users Posts: 1,830 ✭✭✭TinyMuffin


    is the truth social down. I googled trump truth to see his latest bowel movements but not loading.



  • Registered Users Posts: 11,283 ✭✭✭✭duploelabs


    Put two suspects into a cell for the night, the one that sleeps is the one that's guilty



  • Moderators, Category Moderators, Science, Health & Environment Moderators, Social & Fun Moderators, Society & Culture Moderators Posts: 38,536 CMod ✭✭✭✭ancapailldorcha


    According to David Simon, that's a popular Baltimore PD trick. Leave the perp in a room by himself for a while and see if he sleeps. If so, he's guilty.

    We sat again for an hour and a half discussing maps and figures and always getting back to that most damnable creation of the perverted ingenuity of man - the County of Tyrone.

    H. H. Asquith



  • Moderators, Politics Moderators, Social & Fun Moderators Posts: 15,454 Mod ✭✭✭✭Quin_Dub


    Or the one that is "too stupid and arrogant to know how much trouble they are in" is the one that sleeps..



  • Registered Users Posts: 766 ✭✭✭Detritus70


    That would be me. 😀
    Eat when you can, sleep when you can, sh*t when you can. Pretty much my motto.

    "I'm not a Trump supporter, but..." is the new "I'm not a racist, but...".



  • Registered Users Posts: 5,268 ✭✭✭Cody montana


    Down down down!

    Trump media.

    How low will it go?

    Post edited by Cody montana on


  • Registered Users Posts: 11,283 ✭✭✭✭duploelabs


    More reason why everyone should watch the wire



  • Moderators, Politics Moderators, Social & Fun Moderators Posts: 15,454 Mod ✭✭✭✭Quin_Dub


    It popped up briefly this morning when they announced plans to launch their own Streaming Service where all those content creators who were "cancelled" everywhere else could present their stuff along with a "news" channel which I assume would be something akin to NewsMax, but with a brain injury.

    Obviously people weren't excited enough to keep buying the stock based on this promise.

    At current run rate it will be below $20 before the week-end - That still leaves Trump with a $2B windfall if he can get out quick enough , but more likely it will continue to slump before he can get past the various procedural barriers allowing him to sell his shares.



  • Registered Users Posts: 19,414 ✭✭✭✭everlast75




  • Moderators, Politics Moderators, Social & Fun Moderators Posts: 15,454 Mod ✭✭✭✭Quin_Dub


    Yeah, but he's only asking that Trump be forced to remove the multiple offending online posts and that the judge "admonish" him to ensure he complies with the order. He's not asking for him to be found in contempt and sanctioned.

    Yet again , Trump getting special treatment - anyone else would be in "pre-trial detainment" already.



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  • Moderators, Category Moderators, Science, Health & Environment Moderators, Social & Fun Moderators, Society & Culture Moderators Posts: 38,536 CMod ✭✭✭✭ancapailldorcha


    The people who should watch it will just shriek about how "woke" it is. Imagine, a show with a mainly black cast, set in a majority BAME city exploring themes like corruption, racism, policing, education, inequality, and journalism getting made now and not getting pilloried by the usual types.

    We sat again for an hour and a half discussing maps and figures and always getting back to that most damnable creation of the perverted ingenuity of man - the County of Tyrone.

    H. H. Asquith



  • Registered Users Posts: 486 ✭✭lostboy75


    The 2b he would get is subject to someone/s willingness to buy the shares, the current fluctuations is based on a very small percentage of sellers and they alone have tanked the prices. If TFG put even a few percent of his holding up for sale I suspect it would drop the price to single digits. There is no way he can sell it all or even a reasonably percent of it without having a few large scale buyers in the wings. What the rules on that are I don't know though.

    Point being, share price is no reflection of what he would get on the day



  • Registered Users Posts: 425 ✭✭Stanley 1


    Surely Nasdaq should have stepped in by now and cancelled the whole farce, cannot be doing their "fit and proper" reputation any good and if a stroke is to be pulled has to be when Donnie allowed to sell.



  • Registered Users Posts: 486 ✭✭lostboy75


    It's the SEC that would be the governing body I think, and as long as he follows the rules, then he's following the rules. What was bizarre about this is the listing price, it tanking to single digits is just a natural price correction. This company has almost nothing behind it to justify a decent price, the valuations were only ever pie in the sky figures. As in most financial transactions the advise is usually 'do your own research' anyone that put any thought into the price had to know that it was plucked from the air and then multiplied by 109. Tech stock are typically tricky to value, but in this instance you could compare it to Twitter and maybe Reddit so there was something to work with.

    As to TFG requesting the six month embargo to be lifted so he can sell, well that's in the rules as well. Anyone caught out by not selling their shares before he does can't have anyone to come back to and complain, what would they say? 'you have to help me, TFG scammed me' reply would be 'well no s**t he did, that's what he always does'



  • Registered Users Posts: 19,414 ✭✭✭✭everlast75


    Sleepy don strikes again



  • Registered Users Posts: 6,304 ✭✭✭LambshankRedemption


    I can fall asleep anywhere. If Im not being mentally stimulated, something in my brain says "Lights out".

    So I don't really blame Donald for falling asleep, but calling your adversary 'Sleepy Joe' when falling asleep in the worlds view is a possibility yourself is poor planning or poor self-awareness.



  • Registered Users Posts: 4,025 ✭✭✭silliussoddius




  • Registered Users Posts: 4,260 ✭✭✭EltonJohn69


    So tired…. tired of winning…



  • Moderators, Science, Health & Environment Moderators, Sports Moderators Posts: 24,094 Mod ✭✭✭✭robinph


    Not unless someone else is buying the shares, and if people were interested in buying then the price would be going up. He can put as many shares as he likes up for sale, he won't get any money for them.

    If all the shares suddenly came on the market and someone actually did want to buy the company, they would be an idiot to do so for more than a fraction of a penny a share at that point. Would be the equivalent of some hyper inflation scenario that various countries have suffered in the past where the central bank can't fit enough zeros on the bank notes and the paper ends up being worth more as toilet roll than to spend on buying actual loo roll.



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  • Registered Users Posts: 5,298 ✭✭✭PropJoe10


    Truth Social stocks down another 14% today. Lovely to see this scumbag haemorrhaging money.



This discussion has been closed.
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