Blackvegetable » 9 minutes ago » wrote: ↑ A trust overseeing Donald Trump’s $2.1 billion stake in the media company that owns Truth Social is paving the way to cash in on its position, which for the past year has formed the bedrock of the president’s fortune.
Trump Media & Technology Group Corp. shares slumped as much as 9.4% before trimming losses Wednesday after the company filed on April 1 to register up to 142.5 million shares and warrants for sale.
The filing is the first step for the president’s trust, controlled by his son Donald Trump Jr.. to potentially sell down his entire 114.75 million share stake. It also registered millions of shares owned by the sponsor of the blank-check firm that merged with Trump Media to take it public last year.
Trump Trust Opens Door to Tap Anchor of His $4.9 Billion Fortune
https://www.bloomberg.com/news/articles ... edia-stake
This is a combination of a bust out and pump&dump.
Arguably the only asset of Grifty Media is Grifty....but he's difficult to monetize at a scale sufficient to justify Trump Media's valuation.
So the trick is to yank the equity out the back door before investors realize that they bought into nothing.
If you engage in financial fraud like this, NFTs, and meme coins...and you're brazen enough, you make headlines and billions. If you've appointed lackeys to "regulate" the various markets in which you operate, you can siphon MAGAtRube's money all day - with impunity.
A further benefit is that you can hand out pieces to even more prospective appointees to keep them true to your "cause".
It's a crude grift, but their pigeons are remarkably stupid....and fecund.
that's how IPOs work...Blackvegetable » 14 minutes ago » wrote: ↑ A trust overseeing Donald Trump’s $2.1 billion stake in the media company that owns Truth Social is paving the way to cash in on its position, which for the past year has formed the bedrock of the president’s fortune.
Trump Media & Technology Group Corp. shares slumped as much as 9.4% before trimming losses Wednesday after the company filed on April 1 to register up to 142.5 million shares and warrants for sale.
The filing is the first step for the president’s trust, controlled by his son Donald Trump Jr.. to potentially sell down his entire 114.75 million share stake. It also registered millions of shares owned by the sponsor of the blank-check firm that merged with Trump Media to take it public last year.
Trump Trust Opens Door to Tap Anchor of His $4.9 Billion Fortune
https://www.bloomberg.com/news/articles ... edia-stake
This is a combination of a bust out and pump&dump.
Arguably the only asset of Grifty Media is Grifty....but he's difficult to monetize at a scale sufficient to justify Trump Media's valuation.
So the trick is to yank the equity out the back door before investors realize that they bought into nothing.
If you engage in financial fraud like this, NFTs, and meme coins...and you're brazen enough, you make headlines and billions. If you've appointed lackeys to "regulate" the various markets in which you operate, you can siphon MAGAtRube's money all day - with impunity.
A further benefit is that you can hand out pieces to even more prospective appointees to keep them true to your "cause".
It's a crude grift, but their pigeons are remarkably stupid....and fecund.
IPO's are securities...meme coins aren't.ROG62 » 4 minutes ago » wrote: ↑ that's how IPOs work...
How Truth Social And Crypto Helped Trump Double His Fortune In Just One Year...
What a year for Donald Trump. Twelve months ago, his political prospects were shaky, his financial future nightmarish. He had an estimated $413 million of cash on his balance sheet and a $454 million fraud judgment against him in New York State. While New York Attorney General Letitia James mused about seizing his assets—“I look at 40 Wall Street each and every day”—Trump did what he does best: He fought, he sold, he won. The result: America’s 47th president has more than doubled his estimated fortune, from $2.3 billion to $5.1 billion.
Trump learned long ago that delays can be as valuable as victories. Admitting he could not afford to pay off the $454 million in cash, Trump’s legal team suggested an appeals court waive or reduce the bond amount. Courts don’t always grant such grace, but they did in this case, dropping the requirement to $175 million and staving off an asset seizure.
Then Trump showed why he is the greatest salesman in American history. The day after the courts extended a lifeline, he took his social media venture, Truth Social’s parent company, public. It’s not much of a business—a few million in revenue, tens of millions in losses—but that didn’t matter to Trump-loving investors, who bid up shares to unconscionable heights, gambling on the absurdity of it all and adding billions to Trump’s fortune in the process. The mania faded, with the stock 72% off its high, but it never disappeared, leaving Trump with a $2.6 billion stake as of March 7, the day Forbes locked in prices for its annual billionaires ranking.
https://www.forbes.com/sites/danalexand ... -one-year/
weep, duplex, weeeeeeeep....
Blackvegetable » 11 minutes ago » wrote: ↑ IPO's are securities...meme coins aren't.
With respect to Grifty Media, this confirms exactly what I told you...
—but that didn’t matter to Trump-loving investors, who bid up shares to unconscionable heights, gambling on the absurdity of it all and adding billions to Trump’s fortune in the process
because you people are so **** g'ddammned stupid.
Fascinating analysis, Veghead, truly. So many accusations, so little actual substance. You’ve labeled it a "pump & dump," a "bust out," and financial fraud, all while waving around terms like you're speedrunning a Wall Street documentary.Blackvegetable » 24 minutes ago » wrote: ↑ A trust overseeing Donald Trump’s $2.1 billion stake in the media company that owns Truth Social is paving the way to cash in on its position, which for the past year has formed the bedrock of the president’s fortune.
Trump Media & Technology Group Corp. shares slumped as much as 9.4% before trimming losses Wednesday after the company filed on April 1 to register up to 142.5 million shares and warrants for sale.
The filing is the first step for the president’s trust, controlled by his son Donald Trump Jr.. to potentially sell down his entire 114.75 million share stake. It also registered millions of shares owned by the sponsor of the blank-check firm that merged with Trump Media to take it public last year.
Trump Trust Opens Door to Tap Anchor of His $4.9 Billion Fortune
https://www.bloomberg.com/news/articles ... edia-stake
This is a combination of a bust out and pump&dump.
Arguably the only asset of Grifty Media is Grifty....but he's difficult to monetize at a scale sufficient to justify Trump Media's valuation.
So the trick is to yank the equity out the back door before investors realize that they bought into nothing.
If you engage in financial fraud like this, NFTs, and meme coins...and you're brazen enough, you make headlines and billions. If you've appointed lackeys to "regulate" the various markets in which you operate, you can siphon MAGAtRube's money all day - with impunity.
A further benefit is that you can hand out pieces to even more prospective appointees to keep them true to your "cause".
It's a crude grift, but their pigeons are remarkably stupid....and fecund.
And remember: this is your OP, your claim, your time to shine. No turning it around, no “ask me why,” and no homework assignments for me. Just walk us through the mechanics of the “crude grift” in your own words, assuming you can.What specific legal or regulatory violations are you alleging here? Because if you’re claiming it’s fraud, it’d be helpful to name which laws are being broken and how this differs—legally or structurally—from any other SPAC-backed media IPO with insider equity movements.
Damn Dickhead....Blackvegetable » 24 minutes ago » wrote: ↑ A trust overseeing Donald Trump’s $2.1 billion stake in the media company that owns Truth Social is paving the way to cash in on its position, which for the past year has formed the bedrock of the president’s fortune.
Trump Media & Technology Group Corp. shares slumped as much as 9.4% before trimming losses Wednesday after the company filed on April 1 to register up to 142.5 million shares and warrants for sale.
The filing is the first step for the president’s trust, controlled by his son Donald Trump Jr.. to potentially sell down his entire 114.75 million share stake. It also registered millions of shares owned by the sponsor of the blank-check firm that merged with Trump Media to take it public last year.
Trump Trust Opens Door to Tap Anchor of His $4.9 Billion Fortune
https://www.bloomberg.com/news/articles ... edia-stake
This is a combination of a bust out and pump&dump.
Arguably the only asset of Grifty Media is Grifty....but he's difficult to monetize at a scale sufficient to justify Trump Media's valuation.
So the trick is to yank the equity out the back door before investors realize that they bought into nothing.
If you engage in financial fraud like this, NFTs, and meme coins...and you're brazen enough, you make headlines and billions. If you've appointed lackeys to "regulate" the various markets in which you operate, you can siphon MAGAtRube's money all day - with impunity.
A further benefit is that you can hand out pieces to even more prospective appointees to keep them true to your "cause".
It's a crude grift, but their pigeons are remarkably stupid....and fecund.
Read the OP.Vegas » 34 minutes ago » wrote: ↑ Fascinating analysis, Veghead, truly. So many accusations, so little actual substance. You’ve labeled it a "pump & dump," a "bust out," and financial fraud, all while waving around terms like you're speedrunning a Wall Street documentary.
So here’s a real question for you, if you’re done with the monologue:
And remember: this is your OP, your claim, your time to shine. No turning it around, no “ask me why,” and no homework assignments for me. Just walk us through the mechanics of the “crude grift” in your own words, assuming you can.
Classic fallback—“read the OP.” As if his OP wasn’t just a ranting gumbo of buzzwords, vague accusations, and internet-level rage dressed up as financial insight. I did read the OP. That’s why I’m asking the question. What you posted wasn’t an explanation, it was a thesaurus fire, sprinkled with edgy insults and zero substance. If you actually had a coherent argument in there, I wouldn’t need to ask for clarification. But since you clearly just mashed together “pump and dump” with “NFTs” and “lackeys” like it was a word salad contest, I figured I’d give you a chance to actually show your work. You know, if you’re capable.
Where did the $1.7 Billion go that Kameltoe the Cock-Gobbler burned?Blackvegetable » Today, 10:51 am » wrote: ↑ A trust overseeing Donald Trump’s $2.1 billion stake in the media company that owns Truth Social is paving the way to cash in on its position, which for the past year has formed the bedrock of the president’s fortune.
Trump Media & Technology Group Corp. shares slumped as much as 9.4% before trimming losses Wednesday after the company filed on April 1 to register up to 142.5 million shares and warrants for sale.
The filing is the first step for the president’s trust, controlled by his son Donald Trump Jr.. to potentially sell down his entire 114.75 million share stake. It also registered millions of shares owned by the sponsor of the blank-check firm that merged with Trump Media to take it public last year.
Trump Trust Opens Door to Tap Anchor of His $4.9 Billion Fortune
https://www.bloomberg.com/news/articles ... edia-stake
This is a combination of a bust out and pump&dump.
Arguably the only asset of Grifty Media is Grifty....but he's difficult to monetize at a scale sufficient to justify Trump Media's valuation.
So the trick is to yank the equity out the back door before investors realize that they bought into nothing.
If you engage in financial fraud like this, NFTs, and meme coins...and you're brazen enough, you make headlines and billions. If you've appointed lackeys to "regulate" the various markets in which you operate, you can siphon MAGAtRube's money all day - with impunity.
A further benefit is that you can hand out pieces to even more prospective appointees to keep them true to your "cause".
It's a crude grift, but their pigeons are remarkably stupid....and fecund.
It isn't.Vegas » 12 minutes ago » wrote: ↑ Classic fallback—“read the OP.” As if his OP wasn’t just a ranting gumbo of buzzwords, vague accusations, and internet-level rage dressed up as financial insight. I did read the OP. That’s why I’m asking the question. What you posted wasn’t an explanation, it was a thesaurus fire, sprinkled with edgy insults and zero substance. If you actually had a coherent argument in there, I wouldn’t need to ask for clarification. But since you clearly just mashed together “pump and dump” with “NFTs” and “lackeys” like it was a word salad contest, I figured I’d give you a chance to actually show your work. You know, if you’re capable.
1. The usual. Blame me for his ignorance and inability to answer a question after asked the first time.
2. Continue to turn it on me, so he doesn't have to come up with anything himself.
It will always perplex the rational man how you genuine believe that these types of comments make you appear knowledgeable about anything that you are posting.
Vegas » 9 minutes ago » wrote: ↑ It will always perplex the rational man how you genuine believe that these types of comments make you appear knowledgeable about anything that you are posting.
The guy does not carry the intellectual capacity to debate with any keen insights or grace. I thought of the perfect analogy about him. He is like a male honeybee. Male honeybees don't have stingers. They are harmless. But they are also a pain in the ***. He likes to pretend that he has a stinger, so he flops stingless *** on people hoping that it will leave a mark. But since he doesn't have a stinger, he just gets frustrated from being swatted all the time.*GHETTOBLASTER » 9 minutes ago » wrote: ↑ BV still believes with all of his heart and soul that Trump raped Carroll........he also believes that photo he carries in his wallet is of "Gay Trump"
Occam's Razor.Vegas » 19 minutes ago » wrote: ↑ It will always perplex the rational man how you genuine believe that these types of comments make you appear knowledgeable about anything that you are posting.
You just proved my point. QED.Blackvegetable » 1 minute ago » wrote: ↑ Occam's Razor.
I've already demonstrated that you are completely full of ****.
No...I've proved my point.
Your OP and this is the **** you do. Turn it around. Like always.Blackvegetable » 7 minutes ago » wrote: ↑ No...I've proved my point.
There is no "deeper meaning".
Is it, or is it not, an example of Survivorship bias?
No.
Did the Biden Administration manipulate or misrepresent them?
No.
Have I demonstrated that you're a moron, again?
Clearly.
We're done.