Update. DJT selling at 65. Probably a result of his support from regular folk who don’t like selling out to China and weaponization of legal system. I think most understand that probably not a long term win. Would be interesting to know how many small purchases were made.
I posted right here not to do it. I’m voting for the guy and bet against the company. Probably made $20k playing the game a few times. That's mostly all dried uo now
Why didn't DJT go IPO instead of thru a SPAC? Now we know, or can infer anyway, that its because they could not withstand the scrutiny to go IPO. The accounting firm that prepared the financials has been barred by the SEC for goodness sakes. FOR FRAUD! Only a few months after the DJT offering came out. Financials and financial projections are scrutinized the most in any IPO. The American Greed episode is going to be awesome. How did DJT find a crooked accounting firm? Bad luck or intentionally seeking a firm that would play ball?
When do the lawsuits start?
"The Securities and Exchange Commission has barred the accounting firm for former President Donald Trump’s social media venture from practice for “deliberate and systemic failures” to comply with U.S. audit standards on more than 1,500 filings by hundreds of firms, the agency said Friday.
In what the SEC called a “massive fraud,” BF Borgers allegedly skirted accounting standards for more than two years while working on the audits and reviews of public companies, according to the SEC. The Lakewood, Colorado-based firm said it represents businesses around the world, including Trump Media & Technology Group."
I don’t think any Improprieties were found w Trump
I imagine they went spac because it was easy. This is a company with $4 mil in revenue. Not like they probably had a huge staff to assemble the stuff. Go spac. Make a bundle. Talk it up. Run it up for the election. Keep it 6 months as per the rule. Cash out a billion or two. Pay off your judgments. Screw where the rest falls
The latest Emerson poll shows Trump leading in every swing state. Also, Virginia and Maine are now virtually tied in polls.
Dementiacrats, cope.
Update. DJT selling at 65. Probably a result of his support from regular folk who don’t like selling out to China and weaponization of legal system. I think most understand that probably not a long term win. Would be interesting to know how many small purchases were made.
did he ever acknowledge that his millionaire dad was opening who knows how many doors for him?