Anyone on Trump Social yet?

The Sandbox Political Topics
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TMTG CEO Devin Nunes said in a press release that terminating the PIPE was “in the best interest of TMTG’s equity holders and completing our merger with DWAC as soon as possible.”
https://www.reuters.com/markets/deals/spac-returns-remaining-533-mln-raise-trump-social-media-deal-2023-10-12/

The cow would have been a better choice

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Bwahaha. I forgot Devin Nunes was CEO of that grift. Wonder how his cow is doing?

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Did the number go down because Trump was in a bad mood? That happens.

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You would think that if he was in a bad mood they’d bump the number up to make him feel better…

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Mood-stabilization valuations.

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It’s like fiscal policy

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That reminds me: I should delete the Parler I regret making (but did nothing with because :grimacing: ) so that hackers don’t get to it.

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Apparently Parler as a social app failed and is dead now, so now they’re just some kind of weird blog that I can just ignore. :man_shrugging:

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I enjoy that the final entry of its lifespan is “Kanye West tried to buy it, Parler accidentally doxxed 300 of its VIP members, then Parler shut down”

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Joke would’ve been on them. Even if it’s stuff I agree with, I still don’t like to read bc reading requires more attention span than I usually have. I do wish I liked reading more than I do though.

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Sounds like the description for it in the first place and the proper action for it always.

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Down 25% today. How can a company be worth 8, or 6 billion on 4 million of revenue. Trump’s brand can’t possibly have any upside at this point, and Musk has turned X into a right wing dumpster fire, so why should al alternative exist?

Does Trump suffer any political fallout if he vaporizes a few billion of his supporter’s investments?

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I’ve got a short position, let’s go.

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Agreed. Don’t question why, just put up the money and watch it fail, before you lose your shirt.
Maybe some long-term puts?

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June puts

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There is so much dumb money (i.e., dumb people with money) out there. June seems a little close.

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Trump has 78,750,000 shares, so at $50 / share, he still would have nearly $4 billion on paper. Price has to go below $12.70 for him to have less than a $1 billion stake.