I have been closely following the recent news about Trump Media shares being halted after a sudden plunge in the DJT stock. It’s not surprising to see such drastic fluctuations in the market, especially when it comes to a company with questionable financials and motives. The fact that the stock has been on a rollercoaster ride, soaring from less than $13 to over $30 in just a few weeks, raises a lot of red flags.
The skepticism surrounding the company’s profitability and Trump’s intentions with his millions of shares add to the uncertainty. It’s clear that the stock exists as a means to funnel money to Trump without directly giving it to him.… Continue reading
Trump Media, the brainchild of former President Donald Trump, has been making headlines recently for all the wrong reasons. The company reported a staggering loss of $327.6 million in the first quarter of 2024, with only $770,500 in revenue. As a result, Trump Media’s stock dropped by more than 10%.
The numbers are mind-boggling – how can a company with such meager revenue incur such massive losses? The expenses seem disproportionate to any rational business model, leading to speculation about where the money is going. The fact that the losses are attributed to non-cash expenses only adds to the mystery surrounding the company’s financials.… Continue reading
It’s mind-boggling to see how the stock market can be manipulated to benefit one individual at the expense of countless others. The recent news of Trump being awarded millions more shares worth billions after hitting price benchmarks raises serious concerns about the integrity of the financial system. The fact that this company is valued at over $5 billion, despite reports showing a mere 600k monthly users on Truth social, is a clear indicator of market manipulation at play.
The SEC needs to step in and investigate this blatant case of market manipulation. The idea of a foreign government funneling money to a presidential candidate raises serious ethical and legal questions that cannot be ignored.… Continue reading
John Q. Hosedrinker