Trump to gain winfall of over 3 billion from Truth social IPO

[kantseeback]

In a nick of time Trump gets good news that he is about to get 3 billion richer, bad news is he can't collect it for 6 months. But he has a fair amount of billionaire friends that certainly loan him the 500 thousand that James is demanding from him at competitive interest rates for 6 months.
I saw a report today that said most of the NYC properties he has are owned by groups, not just him, and the NY courts would have difficulty splitting off his piece since they are prohibited by law to touch the other partners shares.

[kantseeback]

Correction, it's not an IPO. WDAC put in a bid to buy Truth Social which was approved by the Govt.
This will mean instantly Trump will own half the stock in WDAC valued at over 3 billion.

[Hush Limbaugh II]

And how much did you BUY 

Soon as the deal goes thru, the stock crashes, burns and then the MAGA Maniacs ask where did my money go 

Right in Don the Con's pocket 

[theokodjak26]

As soon as Donnie starts selling his stock it will crash and burn in hours.

[onabrake]

Will probably make little difference. He HAS TO HOLD for 6 months and by then this "company" could be worthless. Have seen many questionable, non profitable companies go from the $ 40's to less than $ 10 in one day and then to pennies. In the pump phase DWAC, today, just watch for the DUMP because it will be MASSIVE.

[theokodjak26]

Why do any of you Trumpers give a crap how much money he has, made or lost, his speciality. Do any of you think he would ever help you or anyone else for that matter. He hasn’t paid anything himself for his legal bills. Why should he when millions of morons keep sending him campaign money that he uses to pay his football team of lawyers. Trump thinks so little of the middle and lower classes but these are the idiots cheering him. Today the NYC judge basically shut down Trump’s big mouth for the upcoming trial. I only pray Trump doesn’t abide by the gag order so the judge can throw his fat ass into a jail.

[TheGrimReaper]

If you look at the puts betting on the the stock tanking and the cost of insurance to cover the puts, you wouldn't be buying this version of Gamestock.  It has income of 7 million dollars, and not any real potential for growth.  A dog is a dog, doesn't matter if it's allied with Trump or not.  Technically, with a ton of loopholes, he can't sell for 6 months.  Let's look at its value again on 12/31/2024.

[rainman2]

If you look at the puts betting on the the stock tanking and the cost of insurance to cover the puts, you wouldn't be buying this version of Gamestock.  It has income of 7 million dollars, and not any real potential for growth.  A dog is a dog, doesn't matter if it's allied with Trump or not.  Technically, with a ton of loopholes, he can't sell for 6 months.  Let's look at its value again on 12/31/2024.

The actual moment of truth 9/26/2024 give or take a few days!

[TheGrimReaper]

Currently trading at 2000 times current earnings…….run don't walk……

[rainman2]

In a nick of time Trump gets good news that he is about to get 3 billion richer, bad news is he can't collect it for 6 months. But he has a fair amount of billionaire friends that certainly loan him the 500 thousand that James is demanding from him at competitive interest rates for 6 months.
I saw a report today that said most of the NYC properties he has are owned by groups, not just him, and the NY courts would have difficulty splitting off his piece since they are prohibited by law to touch the other partners shares.

Will he try and “CHEAT” the system again and not pay TAXES on this ‘INCOME?’ ASSUMING it is worth this much 6 months down the road!!  Inquiring minds want to know!

[rainman2]

If he did not pay his taxes he would be in jail..  Be real

Really?

Take a real good look at his track record over the years!

[rainman2]

Can you google one tax offense he has been charged or convicted off?  NONE

See Allen Weisselberg!!

[onabrake]

The run up is based on a huge speculation. Trump wins in November and then as the most powerful man in the world, puts the squeeze on companies like Twitter( X), Facebook( Meta), Reddit, etc to make Truth Social the most powerful social platform on Earth. One problem, he can legally sell well before then and will have no problem dumping shares on a profitless company, leaving all other shareholders holding the bag. Gee, when has he done this before

[kantseeback]

Will he try and “CHEAT” the system again and not pay TAXES on this ‘INCOME?’ ASSUMING it is worth this much 6 months down the road!!  Inquiring minds want to know!

Good thing we have honest Joe in charge who pays every cent in tax he owes not to mention his angelic family that pays before they owe,
joke.

[rainman2]

Good thing we have honest Joe in charge who pays every cent in tax he owes not to mention his angelic family that pays before they owe,
joke.

Biden is “angelic” compared to Trump!!
Enough said