Looks like DJT IPO'd at $15 and it closed today at $14.73, dropping nearly 7x from its peak. It's been on a steady march down and to the right since mid July (which was already low, historically). It continues to slide further in after hours trading.

I hesitate to call it an all-time low since it looks like there a few days in the beginning that were lower, but it's functionally an all-time low.

https://stocks.apple.com/symbol/DJT

I read an article stating roughly half of Trump's net worth is tied up in DJT stock. His lock out period is set to expire, meaning he'll finally be allowed to sell it. He recently stated that he'd hold it which could open him up to a lawsuit from other shareholders if he does sell and the stock tanks even further.

How are you getting to 7x?

Looks like the peak was around $60 after an IPO around $15.

HollywoodBQ said:

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How are you getting to 7x?

Looks like the peak was around $60 after an IPO around $15.

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Im seeing an all time high of 97.54 on 3/4/22.

All-time was actually $175. It occurred on the 2nd day of trading and it was awesome. It's a SPAC so technically went public at $10.

Monitor the Form 4s for insider selling. Should be allowed beginning next week

Pretty sure Truth Social never gets started if Musk would have acquired twitter a year earlier.

Truth Social has not been a success, but, it might have added to Musk's courage in acquiring Twitter.

The economy under Kamala runs a $300B debt in interest payments alone! And you question a startup business that is a minuscule part of the Trump empire. Sighs!

Lol, lmao

Today was a milestone day, DJT sunk below Columbus ($14.92) closed at $14.70.

Correction said:

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This is hilarious. A day before the 52 week high and then then rest is history. He wins at failing hard. I hope he held it.

Down over another 5% in pre market… $13.92

Jeeper79 said:

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HollywoodBQ said:

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How are you getting to 7x?

Looks like the peak was around $60 after an IPO around $15.

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Im seeing an all time high of 97.54 on 3/4/22.

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Poor sod who bought it at 97.54

AggieRingWielder said:

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The economy under Kamala runs a $300B debt in interest payments alone! And you question a startup business that is a minuscule part of the Trump empire. Sighs!

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Don't try to deflect.

Own it.

Trump has a long well documented history of business failures.......this is just another to add to the list.

Steaks, NFTs, Casino, Airline, USFL, etc.

He takes risks. More often than not, he has failed. Business failures happen all the time throughout the world.

Dan Scott said:

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All-time was actually $175. It occurred on the 2nd day of trading and it was awesome. It's a SPAC so technically went public at $10.

Monitor the Form 4s for insider selling. Should be allowed beginning next week

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Oh damn, I though you were joking you are right!

All time high is $175 on Oct 22, 2021

He's left holding the bag!

Ghost Mech said:

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AggieRingWielder said:

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The economy under Kamala runs a $300B debt in interest payments alone! And you question a startup business that is a minuscule part of the Trump empire. Sighs!

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Don't try to deflect.

Own it.

Trump has a long well documented history of business failures.......this is just another to add to the list.

Steaks, NFTs, Casino, Airline, USFL, etc.

He takes risks. More often than not, he has failed. Business failures happen all the time throughout the world.

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So I can trust your astute analysis, can you also include Kamala's successes?

Jeeper79 said:

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It's still over valued.

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Its only lost its value because Elon cleaned house with X and turned it into the only platform where the 1A still lives and breathes. If that hadn't happened, Truth Social would be double the IPO value.

Title of thread is wrong. Went public at 10, IPO investors up almost 40%.

captkirk said:

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Title of thread is wrong. Went public at 10, IPO investors up almost 40%.

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You mean is f16 is wrong lol everytime

It served its purpose. It allowed Trump to put up enough money to post bond on the ridiculous lawfare case.

He should take it private again.

Funky Winkerbean said:

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Ghost Mech said:

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AggieRingWielder said:

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The economy under Kamala runs a $300B debt in interest payments alone! And you question a startup business that is a minuscule part of the Trump empire. Sighs!

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Don't try to deflect.

Own it.

Trump has a long well documented history of business failures.......this is just another to add to the list.

Steaks, NFTs, Casino, Airline, USFL, etc.

He takes risks. More often than not, he has failed. Business failures happen all the time throughout the world.

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So I can trust your astute analysis, can you also include Kamala's successes?

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She's a failure as well. That doesn't take away from his failures.

And now we have two non political failures as our choices for POTUS.

This country deserves that meteor strike it needs to get.

crowman2010 said:

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Jeeper79 said:

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It's still over valued.

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Its only lost its value because Elon cleaned house with X and turned it into the only platform where the 1A still lives and breathes. If that hadn't happened, Truth Social would be double the IPO value.

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So only down several x?

captkirk said:

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Title of thread is wrong. Went public at 10, IPO investors up almost 40%.

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I was going by the chart I saw online which starts at $15 and then drops to $10 before moving up. Dont know why the chart shows that. But its down to $13.62 so it might be under $10 by the end of next week at this rate.

The title of this thread should have been TDS watering hole.

WestAustinAg said:

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He should take it private again.

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And do what with it? It's a failed company. The stock price is this low for a reason. And even as low as it is, it's the only value this company has.

So sorry. you have a political axe to grind. I didn't realize. But you're still wrong.

Trump owns 57% of it, which he can now sell. likely why the stock is down. Still worth 1.8 billion. What a big fail for Trump.

captkirk said:

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Trump owns 57% of it, which he can now sell. likely why the stock is down. Still worth 1.8 billion. What a big fail for Trump.

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But but Trump is a failed business man

WestAustinAg said:

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So sorry. you have a political axe to grind. I didn't realize. But you're still wrong.

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Their Q2 revenue was under $1M and is declining. They incurred expenses of over $16M in the same quarter. The market cap today, as low as it is, is still 2.74B. Their PE ratio is negative. Even an optimistic estimate would price this as a $25M company.


So the stock price should be over 100x lower than it is now. There are car dealerships that are more successful than truth social.

Jeeper79 said:

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Correction said:

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This is hilarious. A day before the 52 week high and then then rest is history. He wins at failing hard. I hope he held it.

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So why do you hope or even care if a total stranger makes or loses money?

GoAgs11 said:

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captkirk said:

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Trump owns 57% of it, which he can now sell. likely why the stock is down. Still worth 1.8 billion. What a big fail for Trump.

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But but Trump is a failed business man

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He's good at milking his suckers, I mean supporters.

Jeeper79 said:

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GoAgs11 said:

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captkirk said:

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Trump owns 57% of it, which he can now sell. likely why the stock is down. Still worth 1.8 billion. What a big fail for Trump.

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But but Trump is a failed business man

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He's good at milking his suckers, I mean supporters.

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Talk about suckers. I mean, kamala has a history!

Anyone mixing their political desires with their invested wealth is a fool

The entire theme of politics is two parties find the geometric median of a collection of issues and split the electorate - trying to ou themselves in power, which personally enriches the politicians and establishment.

By nature, it's a 50/50 draw that will bounce back and forth. If it swings one way too long, the losing party self corrects and shifts towards the 50/50 split point.

Betting on one side is guaranteed to do terrible over time