Trump's Net Worth Has Jumped An Estimated $600 Million ...
https://www.forbes.com › danalexander › 2022/04/05
4 days ago — Trump's Net Worth Has Jumped An Estimated $600 Million Since He Left Office. Dan Alexander. Forbes Staff.
Agreed.
OTOH, the Alt-Right has been saying the Constitution denies a woman the right to her own body and that gays can't marry. IMO, there's too many fucking assholes seeking to tell Americans what to do, what to think and what to believe compared to Americans fighting for the rights of all Americans.
"Hatred is a failure of imagination" - Graham Greene, "The Power and the Glory"
Trump's Net Worth Has Jumped An Estimated $600 Million ...
https://www.forbes.com › danalexander › 2022/04/05
4 days ago — Trump's Net Worth Has Jumped An Estimated $600 Million Since He Left Office. Dan Alexander. Forbes Staff.
Let's see how long his tech bubble lasts.
1,000 JPP points says that no JPP members are breaking their piggy banks to invest in Trump Media. LOL
The app became available in February. Trump now has 835,000 followers—less than 1% of his previous total on Twitter. He has posted only once: “Get Ready. Your favorite President will see you soon!”
Investors don’t seem to care. Trump Media plans to merge with a SPAC that retail traders are buying like crazy, boosting its shares from $10 to more than $50. Based on clues buried in regulatory filings, Trump probably owns at least 50%. We estimated the value of the shares Trump should eventually receive at $10 apiece, reflecting the discounted rate that a handful of smart-money investors recently agreed to pay to jump into the frenzy.
Since the deal hasn’t gone through, the former president can’t sell his presumed shares on the open market today. There are also some doubts about whether the merger will happen at all. Both the Securities and Exchange Commission and the Financial Industry Regulatory Authority are probing the deal. Bottom line: The SPAC is good news for Trump, but it’s not something he should be banking on quite yet.
"Hatred is a failure of imagination" - Graham Greene, "The Power and the Glory"
Trump's Net Worth Has Jumped An Estimated $600 Million ...
https://www.forbes.com › danalexander › 2022/04/05
4 days ago — Trump's Net Worth Has Jumped An Estimated $600 Million Since He Left Office. Dan Alexander. Forbes Staff.
Analysis: Donald Trump is getting richer again - CNN
https://www.cnn.com › 2022/04/05 › politics › donald-tru...
4 days ago -- former President Donald Trump has seen his net worth soar to $3 billion, according to brand new numbers from Forbes.
Donald Trump is getting richer again...CNN
https://www.cnn.com/2022/04/05/polit...ire/index.html
Anyone who seriously believes that Trump and/or Biden did/are doing a 'great' job are fucking clueless about politics, macroeconomics and probably the world at large.
And are probably - though not exclusively - poorly educated and none-too-bright to boot.
They are good for a laugh though.
Trump's Net Worth Has Jumped An Estimated $600 Million ...
https://www.forbes.com › danalexander › 2022/04/05
4 days ago — Trump's Net Worth Has Jumped An Estimated $600 Million Since He Left Office. Dan Alexander. Forbes Staff.
Here you go, Trumpers: Invest your life's savings in Trump. If you don't, then you are not a true Trumper.
https://www.economagic.com/how-to-bu...-social-stock/
Are there other ways to invest in Truth Social?
Yes, in theory there’s a simple way for users to indirectly back Truth Social – by acquiring DWAC stock. Since DWAC is a special purpose acquisition comapny, its share price will largely be dictated by the performance of Trump Media.
But, before you commit to buying a bag – it’s worth noting that several experts have warned of the risks of investing in DWAC.
Firstly, DWAC’s current share price of $70 – a sevenfold increase on the IPO price – demands further scrutiny.
We know what you’re thinking – a high share price is a good thing, right?
Of course it is. But it also feeds into the company’s valuation – which is not far off $15 billion. That’s pretty high for a brand-new venture whose operational capacity remains shrouded in uncertainty.
Secondly, it’s important to bear in mind that the DWAC/TMTG merger would likely lead to TMTG – rather than Truth Social itself – being listed on the stock exchange.
While Truth Social is currently Trump Media’s most visible property, the social media app looks unlikely to be the company’s main economic driver in the longer term.
Indeed, TMTG’s own projections foresee $3,665.3 million in revenues in 2026, but only expect a small portion (>8%) to come from Truth Social – with the bulk of income stemming from the company’s streaming platform.
If this is the case, TMTG’s share price will be influenced by factors apart from Truth Social’s performance. Truth Social might flourish, yet if TMTG+ does not reach expectations, it is not unreasonable to think that TMTG’s stock might flounder.
Thirdly, the SEC’s investigation of the DWAC/TMTG merger throws another spanner into the works. Opinion is split over whether the merger will be approved: if it isn’t, DWAC’s stock is bound to be hit hard. And in the short-term, uncertainty surrounding the SEC’s ruling could lead to serious price fluctuation.
Of course, there is always another side to the coin – and should the SEC approve the merger, DWAC’s stock would likely spike.
Still, for now at least, DWAC is shrouded in too much uncertainty to make its stock a solid investment. That doesn’t mean its share price won’t continue to rise – but at the moment, it remains a gamble.
"Hatred is a failure of imagination" - Graham Greene, "The Power and the Glory"
Trump's Net Worth Has Jumped An Estimated $600 Million ...
https://www.forbes.com › danalexander › 2022/04/05
4 days ago — Trump's Net Worth Has Jumped An Estimated $600 Million Since He Left Office. Dan Alexander. Forbes Staff.
Donald Trump is getting richer again...CNN
https://www.cnn.com/2022/04/05/polit...ire/index.html
Trump, Trump, Trump!
TRUMP!
"Hatred is a failure of imagination" - Graham Greene, "The Power and the Glory"
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