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Business Donald Trump Social Media

Financial Analysts Warn That Trump Media Is On The Verge Of Going Down The Drain

If you happen to own any shares of Trump Media & Technology Group, you should dump them as soon as possible before the price collapses completely and you lose every penny of your investment, financial analysts are warning.

Forbes Senior Editor Dan Alexander says Trump Media is “bleeding money,” telling CNN host Erin Burnett, “It is a sad story. And the trouble here is that if you look at the fundamentals of the company — it’s poised to go down a lot more.”

When it was first offered on the stock market in late March, Trump Media reached a high of over $79 a share. It now stands at $23.77.

The company has even admitted that its financial situation could easily lead to bankruptcy, noting in a filing, “A number of companies that were associated with President Donald J. Trump have filed for bankruptcy,” reads one of the sections of the document. “There can be no assurances that TMTG will not also become bankrupt.”

That, according to Alexander, means Trump Media stock “should fall by at least another 90% before the metrics start to make any amount of sense.”

“For people who are just blindly putting their faith in Trump and in the company — that means that they can stand to lose a lot of money,” Alexander added.

The company was mainly set up to benefit Trump, Alexander went on to explain.

“Meanwhile, the retail shareholders were putting up huge sums to buy in. The ultimate effect is that they put in the cash and the other people walk away with the shares.”

As Rick Wilson rightly observed several years ago, everything Donald Trump touches dies. Including his so-called “media company.”

Categories
Crime Donald Trump Social Media

‘Sleepy Donald’ Gets Trolled For Dozing Off During Monday Court Appearance

It’s being called “the nap seen around the world,” even though the vast majority of us didn’t actually see it.

Reports began trickling out Monday morning from a Manhattan courthouse where the first day of a historic criminal trial began with failed former president Donald Trump as the defendant, accused of paying hush money to adult film star Stormy Daniels to keep an extramarital affair secret so as not to interfere with Trump’s 2016 bid for the White House.

Among the first who caught the disgraced ex-president nodding off was Maggie Haberman of the New York Times.

“Trump appears to be sleeping. His head keeps dropping down and his mouth goes slack,” Haberman wrote.

Minutes later, she added,  “Trump has apparently jolted back awake, noticing the notes his lawyer passed him several minutes ago.”

Photos taken before the judge entered the courtroom also showed a puffy-eyed Trump, seemingly lost in his own world.

As you can see from the hashtag, a new phrase began trending on social media, #SleepyDonald. And that set off a wave of mockery and trolling that reverberated for hours.

Categories
Business Donald Trump Social Media

Truth Social Stock Price Plunges To New Low As Trump Goes On Trial In New York

Stock in the Trump Media & Technology Group that owns the Truth Social internet site has plunged to a new low as the disgraced former president goes on trial in New York on charges of illegally paying hush money to a woman he allegedly had an affair with before the 2016 election.

When the NASDAQ stock exchange opened this morning, the stock went into freefall and stood at 27.44 as of 11:22 a.m., a new low since the stock began trading on March 26. On that day, was valued at 26.83 per share.

A report that the company has filed to sell more stock is also dragging down the price of shares, with CNBC reporting, “The company’s intent to issue more common stock was made public Monday morning in a ‘preliminary prospectus filed to the Securities and Exchange Commission. The shares cannot be issued until a registration statement with the SEC goes into effect.”

“The company also seeks to offer the resale of up to 146.1 million shares of stock from ‘selling securityholders,’ 114.8 million of which are held by Trump himself. Trump owns 78.8 million shares of the company, and stands to obtain 36 million “earnout shares” if the stock stays above a certain price for enough trading days,” the report added.

Earlier this month, the company revealed it had lost $58 million despite paying out millions in bonuses to top Trump Media executives.

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Crime Donald Trump

Stormy Daniels Lays A Wicked Burn On Trump As New York Hush Money Trial Looms

Today, the first criminal trial of a former U.S. president will get underway in a New York court and Donald Trump will face numerous charges for allegedly paying hush money to adult film star Stormy Daniels to keep an affair he had with her under wraps in the months before the 2016 election.

As the hour draws closer, supporters of the disgraced ex-president are attacking Daniels on social media, suggesting that she’s lying about her affair with Trump and that the trial is an attempt to damage his chances of winning a second term in office.

But while Daniels has been under fire online, she’s also been giving as good as she gets, firing back at the MAGA faithful with reminders that it’s Trump, not her, who allegedly broke the law and cheated on his spouse.

The Blast reports, “On Friday, Daniels came under fire by MAGA supporters after an account on X (formerly Twitter) shared a post from Trump regarding a resurfaced letter that was allegedly signed by her in 2018.”

In the letter, Daniels claimed to have never had any kind of sexual affair with the former president. It read, “Over the past few weeks I have been asked countless times to comment on reports of an alleged sexual relationship I had with Donald Trump many, many, many years ago.”

She added, “I am not denying this affair because I was paid ‘hush money’ as has been reported in overseas owned tabloids. I am denying this affair because it never happened.”

That led Trump acolytes to harass Daniels online, which they soon regretted doing. Take a look.

Daniels continued to counter the MAGA faithful , swatting them down when they came after her.

 

Categories
Donald Trump Elections Social Media

Trump’s Chick-fil-A ‘Hug’ Was A Prearranged Event Staged By A Right-Wing Political Consultant

When a photo of failed former president Donald Trump hugging a black woman began making the rounds on social media this week, the MAGA faithful bragged that the picture proved that black Americans secretly love the disgraced ex-president and would probably vote for him in record numbers come November.

But as with nearly everything Trump does, the entire scene was fully scripted and the woman who praised him and accepted a hug was actually a GOP operative who has worked on campaigns in the state of Georgia, according to a report from Medias Touch.

The woman seen in the photo is Michaelah Montgomery, who bills herself as a “political consultant” and was an intern for the Georgia GOP, according to her LinkedIn profile.

Montgomery also did work for the so-called “Blexit” movement, which encourages blacks to leave the Democratic Party and become members of the GOP.

Clearly, Trump had the entire event at the Atlanta fast-food restaurant prearranged and knew it would generate great media coverage at a time when his 2024 presidential campaign is hemorrhaging money and his poll numbers are falling precipitously.

However, as with nearly every lie Trump tells, the truth eventually wins out and he’s proven to be nothing more than a con man who will stoop to any depth to stay out of prison for his multitude of crimes.