Financial thread, not political
 

Anyone here going to buy these shares at a diluted price? Even DJT himself wants to sell.

God help anyone that invested on day two.

Trump Media Stock Plummets On Plans To Issue Millions Of New Shares

The company, backed by former President Donald Trump, filed a "preliminary prospectus" Monday with the U.S. Securities and Exchange Commission (SEC) to offer 21.49 million shares of common stock, issuable "upon the exercise of warrants."

Trump Media cannot issue the additional shares until a registration statement with the SEC goes into effect while stock warrants allow the holder to buy shares at a certain price within a specific time frame.

The company is also looking for approval of the resale of up to 146.1 million shares from "selling securityholders," which includes Donald Trump and ARC Global Investments, according to the federal filing.

DJT shares have dropped more than 50% since their conversion.


https://www.investors.com/news/trump...220&yptr=yahoo

Will be $300+/share on NOV 6th

Not gonna happen. The company is throwing money in a hole. Same with its IPO rise and fall.

Its a personality value, not an investment.

Trump himself must not believe that if he's thinking about selling.

I don't understand how they got away with announcing the 2023 results after putting the stock out there. I'm guessing many investors would have packed up.

I am an optimist, will be buying a share or two when it bounces over $100.

Nice try, but political as all hell - we know your leanings.

He does not need the money, still far ahead from his initial investment.

Once he gets in office in JAN 2025, he will hire hunter to make him the BIG BUCKS!!

Touch a nerve? What does my "leaning" have to do with the content of this thread? You put your two cents on on most financial threads but no comment on this one? You're the one making this political, not me.

The issue everyone who invested in DJT should have is the issuing of new stock. This will dilute the value of the existing stock and cost the investors even more beyond their current losses. The fact that DJT himself is maneuvering to sell off some or all of his shares makes it look like a cash grab at the investor's expense.

I know you're a pretty good financial guy based on your previous posts and know I'm not telling you anything you don't already realize.

Maybe! :rofl:

Yeah - half truths and misinformation does strike a never.

Well - I was a Senior Exec at the Securities & Exchange Commission; typically large investors, officers, founders of a company can NOT sell shares from 180 days to a full year after the IPO called "the lockup period".

Trump couldn't even sell until nearly the election or possibly even later - at which time the stock price will have stabilized - and the Facebook IPO was followed by a large stock price drop....its quite typical...

Additionally, a new issue of stock, if the companies fundamentals are solid and the shares are issued at the same price it does NOT necessarily affect the stock's value Usually existing shareholders are offered first cut at the new stock issuance and their position is not diluted....if they choose to pass they will own a smaller share of the company.

Time will tell.

what is the product, how do they make money?

The Trump brand...Like KISS... Or Doug Barton :Jeff '79:

The subscribers to Truth Social, like the subscribers to Facebook, don't pay for the service. Same thing with Google. Every time you 'google' something, or use their maps, or other services, that info they've gathered about you can be and is sold.

When you don't pay for the product, YOU are the product.

exactly.

pass.

Mr. Boring couldn’t stay away.

No, I can and have pretty much stayed away it's not a problem if that's what you all want. I'll survive, just let me know.

I posted this here for a reason. On another forum I post in regularly this has been a really hot topic with dozens of people participating but not mentioned here. I was curious if this demographic had an opinion so I asked. Just interested about the opinion of this group.

Again, if you are offended by my occasional posts just let me know and I'll avoid the forum all together even though I said I would be checking in from time to time.

This.

/thread

Sure, you said you would leave. Are you not a man of your word?