Why Donald Trump Can’t Sell His Truth Social Shares Even After It Goes Public
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- Опубликовано: 13 май 2024
- Donald Trump is on the cusp of adding billions of dollars to his balance sheet after shareholders of Digital World Acquisition Corp. voted on Friday to merge with his Trump Media & Technology Group. But not only won’t the expected $2.9 billion windfall not help him pay his fines, it won’t even help him secure a bond to cover those fines while he appeals. Forbes staff writer Zach Everson joins Brittany Lewis on 'Forbes Talks' to discuss.
Read the full story on Forbes: www.forbes.com/sites/zachever...
0:00 Introduction
0:31 The Rundown Of Trump's Wrongs
2:33 Can Trump Pay His Bond?
4:59 Zach Predicts What Could Happen To Trump In Six Months
7:36 Trump's Social Shares, What Will Happen?
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Another bankruptcy. He excels with bankruptcies.
No one does it better.
He is an expert at losing...Money, Elections, Staff, Women etc, etc
I know bankruptcy! BIGLY!
@@loue-blackwhat a mindless statement.
zeldasmith6154 skipped her #midol again this month😮
#PMS
6 bankruptcies out of 500 companies. Yes that sounds like a well managed organization. $3.5billion is also a great gain no matter how you look at it.
Did anyone else click this forgetting that Forbes is kind of a useless shill publication these days?
$5M revenue (forecast), $60M losses (and may be more) in this current year and this company is worth WHAT? Just a big ugly scam
rb95051 that's what your daddy thing said about that roll on the mattress with your mommy when she overcharged him.
@@BigBrotherBoohooTubeand they made you 🤡
@@BigBrotherBoohooTube QUIET NOW, THE ADULTS ARE TALKING.
Last time I checked Twitter never turned a profit either.... not once. $200M+ loss in its last year alone...
Twitter being loosing money for 12 years
Because it’s a trash company
What's the value of truth social right now? Last time I looked it was 8 Billion.
@@wandameadows5736with revenue of 3 million and losses of 50 million in the first nine months of 2023 shows its not a good investment at all.
Are u trigger because he worth 7.5 billion. Have a great day!
@@wandameadows5736 do his supporters realise when he sells his shares the stock price will tank because he is flooding the market with shares, thus ripping off all his hardcore supporters and leaving them broke? Great thing to do to his most ardent supporters in an election year, wouldn't you agree😂
@@bobbysmith270We speak English here.
It's hard to imagine Truth Social turning a profit.
No social media company turns a profit besides RUclips.
That was never the purpose. It’s a money transfer scheme.
Like everything else around Dumpty, it's a scam.
Two experts on the subject say it's monopoly money. Worthless. Nothing he "owns" is what it's worth. 6 bankruptcies in it's miserable pathetic lie-filled life.
Someone on Trump's team is smart though 😂 I know it's not him
@@tylercampbell6365 The ‘smart’ isn’t coming from there. The ‘smart’ is the people who are buying and paying for djt so he will be their ‘boy’ if he can get elected - which they’re counting on some of the money to help happen.
Las Vegas should come up with betting odds for how long it takes Loser 45 to tank this company and watch the stock deflate into oblivion
You're crazy. The stock will rally going into the election and after he's elected. Maybe there will be short term short plays but dont be a fool
Biggest pump and dump of the century go short or go broke 😂
You're going to be super mad when he INEVITABLY wins the election. Get those tear ducts ready, I'll be there with a bucket to collect.
This looks like a no-brainer short.
Excellent idea
Unquestionably 👍🏽
unless e.g. he wins elections
Except it's been skyrocketing and there are no shares available to short (and the ones being shorted carry over 200% interest!). Do not underestimate the stupidity of MAGA.
Outed as a fake billionaire
Yes, but his cult followers don't care.
Outed as an unjust, over the top, RIDICULOUS penalty
The only person ever to run for President while out on bail. SMH
Eugene Debs run for President from his prison cell.
I'll be surprised if DJT shares have more than a dollar per share value by the time the lock-up period is over. By then they'll probably be trading only on the Rangoon Stock Exchange as well.
NASDAQ babe
En route to pink sheets and...bye-bye. LOL.@@Costarluv007
But the real purpose (transferring $ from rich guys to djt without violating contribution laws) will have been achieved.
Penny stock.
The timing is a bit off, with the 6 month lockup vs the bond posting deadline, but the real purpose of this is evasion of contribution limit laws: Rich guys buy, run up the price of a shared asset (DWAC). Djt sells his holdings, gets the $, price tanks. Rich guys write off losses. Want a piece? Go short, enjoy the ride.
That's the plan 👍
Sure, there's a sucker born every minute and a lot of people will lose money buying worthless stock.
Its dropping daily at close. A rich mans game fasho!
He can't sell his stocks people say he would be breaking law.On line there saying it's a scam. If he said he sold it and kept the other people's stock for himself he would...
Short sales on the way. Going down ! Jail time ahead. Stormy behind! ❤❤
Never gonna happen.
@@stayinformed3612about 25 million in losses and 1 million in revenue. A no brainer.
Already down 26%
$36.10 as of right now!
@@susanhenry6834 Timberrrrrrrrrr!
Why would anyone buy shares in a company that will never make a profit?
Because they know how business works!
Because they’re rich guys evading contribution limits.
Well; which one will? Do Tell.
Because large foreign investors want to have financial control over him and his followers fail to understand this because they care more about owning the libs than they do about the wellbeing of our country.
It’s a money laundering scheme
So if he found someone to sell the shares to he would be breaking the law? When has that ever been a problem for him?
That's what everyone charged with money laundering says
Why would any company want a 'joint' venture with the 45th, unless they are smoking something green and stinky?
It’s a dodge around the laws. Rich friends buy, run up the price, djt sells near the top, The price goes south, the rich friends write off the loss. Net is a contribution subsidized by the taxpayers, and pesky laws evaded.
@@harleyb.birdwhisperer The top may have already happened last week.
@allan339 great call! It topped at almost $80 and now $36.10. Couldn't happen to a better guy. So funny about him stuck in the 6month clause. 😂
@@susanhenry6834 This is way more entertaining to watch than the eclipse. Race to the bottom, and all Donnie can do is watch it melt.
@@harleyb.birdwhisperer It just takes a few billionaires to prop it up, especially with foreign money. It's not like Russian money hasn't propped it up once already.
I guess I will look into shorting that dumpster fire stock
How many shares are you going to buy?
You can't, none available to short.
There could be a short squeeze that runs the price up in the short term,…but the coming short opportunity after that is going to be a once in a lifetime play.
@@MyPrecious536 If i can find shares to short, probably $20K worth.... I even picked out the car I want to buy with the profit.
printed in China and delivered tarif free
Another BankTrumpcy?!?!
Nice name for him.
This is funny
How is Trump's stock holding in Truth Social worth $3 billion?
It's worth that because the 45th say so - just like Mar-a largo is worth 1.5 billion. 😂
Its junk.. even more crazy than bitcoin
How do you know so much, are you sleeping with Nancy Pelosi?
Doin some in side of her trading. (INSIDER TRADING)
2 experts have already said it's "monopoly money."
Wrong he can go to the board and get their approval to sell.
True but that's a big mistake to do that.
Love the update and good to hear you're keeping Trump's overseas buddies updated about his shoddy stock, shares and mortgaged properties. Good Luck finding him an investor.
The investors have already chipped in. That’s why DWAC has the price it does now. When he sells, djt will get the $, they will get a write off.
More biased BS.
He can ask the board to let him dip in early
The orange controls the board...
Delay trials, accelerate shares sales. On the high wire this year. And the wind is picking up.
Please Dear Leader. Change the rule, sell and crash this pump and dump. Popcorn?
If they acquire tictoc… all derision is off.
You have to wait 6 months to sell after your stock goes public. Buy it when it dips!
The fact he cant sell adds value for investors
Yeah good luck with that
So you’re all in?
For his “no sell period” he’ll sell the calls as he pumps the stock and collect premiums. Then after 6 months when he can sell, he’ll pump it as he sells his shares to his followers and buys puts. His followers have been the only losers in his grifting. He made money bankrupting his businesses, doing the apprentice an grifting his presidential base. In every other venture he has lost. This is also his way to get money from foreign nationals to cover his legal fees and court settlements. Do what he will do, not what he says, unless you like the color pink around this time next year.
Yes... unfortunately... it's billionaires' chance to own a piece of an idiot who might be the next potus.
I can imagine a lot of people who want to influence policy (and have the money for it) jumping at that chance...
@andreae. And they'll get a tax write-off when they dump the junk.
He still gonna owe the 454 million dollars but he only have too put 175million until he lose his appeal, he gonna pay 454 million ok facts Forbes
Truth social shares …. Selll selll sellll !!!!!!😊
Horrible host….
Yep. Wish she find a speech coach to take her several octaves down. Hard to listen to, especially after he has spoken.
@@greenwitch9836 She has a normal woman's voice. 🤔
Liar Social. Ponze scheme. Meme stock.
That is it iam DONE😅😅😅😅
D WAC. It's all right there in the name....
People are dumb, he's not going to sell his share even if he can. People really have no idea how stocks work right? All the stocks tanks after going public
All ??? Disinformation
It's going to tank all the way down to $7.00
@@allan339 it's gonna pump again
@@rareview362 Probably, since that's what happens with volatile/meme stocks.
Anyone worth that much money should never be the head of any country.
Good thing you don't have that much money.
@DaveyCrockett1 no worries, I own my house.
Why would he need to sell them?'
cocaine ain't cheap
He won't, he has the cash
@@stayinformed3612😂
This headline is COMPLETELY FALSE! The board will approve Trump's decisions.
The TDS here is real 😂
It's going to be a failure and people will lose a lot of money
It’s a money transfer scheme to evade laws. “Donors” buy, price rises. “Donee” sells, takes profit. Price falls, “Donors” write off losses. $ move from “Donors” to “Donee”, evading laws.regulating direct contributions.
It will succeed in transferring $ to djt without violating any laws. The ‘losers’ will write off the ‘losses’, which to them is a contribution that skirts limit laws. That was the real purpose from the get-go.
Like everything else in his life.
What is your heading for today Forbies????
Talk about a set up scam
The gentleman sounds like a hater.
He's male but certainly no gentleman
He sounds like he's telling the truth and you don't want to hear it lol
It's great to hear from the brainwashed Clinton Cult.
This guy in his grandma’s living room is your expert? 😂😂😂
But he can still secure multi-billion dollar loans against it Lol Lmao. 😂
Are LEAPs available for DJT yet?
50 days are the max at the moment
Congrats. Your’s is the best Bla.Bla.Bla.-
Net gain overall then. Happy days.
I always love how loud Britney is
He's selling bibles.
NO CRIME
Bank/insurance fraud is a crime.
Grand juries say 91 crimes, with Arizona, Michigan and Nevada still to come.
@@harleyb.birdwhisperer political interference your clearly blind
@@steveriley7331 running in a popularity contest is voluntary. Dealing with criminal charges is not.
Spanky is not above the law....
They should have taken the stocks as bond.
I doubt the stocks once fully in the open market, will be worth much more than toilet paper.
It's monopoly money.
@@felipearbustopotdToilet paper more valuable!😂💩
When oh WHEN are you all gonna start call HIM ~ The MUGU Man @ HEAD of the MUGU PARTY.?
Every comment I've seen produced by all Media channels.... say it * is * the reality BUT~ Just won't actually say it.
" Party of SMALL GOVERNMENT... NOT~ PARTY OF " ALL GOVERNMENT ".... or do you REALLY THINK OTHERWISE?
Is this interview being held in a funeral parlor?
That's nuts.
Yes. R.I.P.
Judging by the decor I'd guess its an elderly woman's living room probably his grandmother's lol
@@johndoe-mm3jk jealous???
@@michaelhayes7469 not really it looks exactly like my 85 year old neighbors living room though zero chance that's his house,you can also see someone in the kitchen doorway to
Short it, or all your talk is hit air bs 😂
MAGA
how come djt isn't considered a terrorist? leader of a huge hate group?
😂😂😂😂😂😂
I thought if that were to happen and that strawberry blond chowderhead got $$$$$ he made a deal with Beelzebub. Karma lost his address.
He’s so irritated to talk about Trumps success I think he’s a total lib 😂
Make sure you spend all your money buying stock.
What success? $1 billion of Trump's imaginary wealth evaporated in a week.
It’s stock FRAUD!
LOCK Him UP
He worth 7.5 billion now. He will sell very small amount if any at all. He is also going to be able to sue James they just found out!
😂
You so funny boy!😂
And a week later, he's already down $1 billion. Easy come, easy go.
Buy the dips
Forbes cannot deny he's a billionaire. The proof is in the stock 🤣😂😂
He's not a billionaire. He can't even sell his stocks. If you can't use them, then they're not worth anything.
$1billion evaporated in a week.
All of this will come out in the wash. Drain the swamp. DJT 2024.
Sell your trailer and invest if you believe in DJT. In other words, put your money up or...
How do you know I live in COG. That's country of GEORGE
I can't wait until these lefties have a breakdown when he wins!!😂😂😂