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Trumps Social Media Platform

Warhead14

Warhead14

TID Board Of Directors
Jul 23, 2011
1,007
525
What I have seen by guys in the stocks is that they love to talk about it when there ahead a bit. But when it tanks you hear crickets or only tear drops falling.

I work to hard for my money to gamble it away. I’ve seen a few guys hit it just rite…. But there few and far between and mostly lucky.
[/QUOTEI have 1k worth of Bitcoin, I dont trades shitcoins. Im a day trader, I hold nothing overnight. I go for 50 cent moves, with say 2000-5000 shares, whether long or short. I get say $150-to $700 in seconds and Im out. I mean so sometimes Im sniping for $60 moves, however I have to do it, to get to $500 a day. Once I hot $500 or more, I stop, NO MATTER WHAT. I dont chase stocks, I let them come. Thats real day trading. All these yahoo's who buy and hope for it to go up and up and up, and dont have the margin account to short sell, thats who gets smoked. The trading world is filled with willful idiots. I havent had a red day in decades, I have had plenty of days where I dont see a trade, as long as I am not losing money, thats all that matters.. Its not my day job.
 
rAJJIN

rAJJIN

TID Board Of Directors
Nov 30, 2011
803
469
I think that’s the problem for me. I like for things to make sense. In this case it would be understanding what makes it go up or down.
It seems to be pretty complex and far from black and white. I guess if it was, everyone would be a winner.

I know many there retirement fund is based on stocks and run by financial experts or consultants.

For me it’s been about the same as a casino.
Fun entertainment but I would not expect it to pay the bills or would be nervous if it’s what retirement is based on.

Then if you do make a bit, they tax it like you won the lottery
 
HDH

HDH

TID Board Of Directors
Sep 30, 2011
2,587
1,798
So i bought in this morning DWA Digital World Acquisition @ $18.49 per share. Closed at $57.50 per. 386% Return "I gotta say it was a good day". Cant wait for Trumps social media to take off. Anybody else jump on this train this morning ? Just made the tuition for my daughters next year away at college.
Thanks Mr. Trump
Well done man.

Looking forward to the new platform as well.
 
testboner

testboner

VIP Member
Oct 10, 2010
749
715
If there’s any money to be made on this still — get in and get out fast. It’s going to flop. It will basically be a poor copy of Twitter, and simply an echo chamber for rhetoric parrots. It won’t have any original quality content and will burn itself out within a few months (tops).
 
Warhead14

Warhead14

TID Board Of Directors
Jul 23, 2011
1,007
525
I think that’s the problem for me. I like for things to make sense. In this case it would be understanding what makes it go up or down.
It seems to be pretty complex and far from black and white. I guess if it was, everyone would be a winner.

I know many there retirement fund is based on stocks and run by financial experts or consultants.

For me it’s been about the same as a casino.
Fun entertainment but I would not expect it to pay the bills or would be nervous if it’s what retirement is based on.

Then if you do make a bit, they tax it like you won the lottery
Again true, I have two very legit 401k's. So what I do is throw in the maximum I can at the end of the year and that portion of my day trading earnings is in my non Roth 401k. My Roth 401k is pretaxed. But yeah they crack you for 40% IF you dont know how to manage it. My accountant has legally got it down to 28% which is what my day job ends up being. As far to know what the companies are doing, its all in the charts. Check out Stage Analysis its a very cheap platform to learn chart reading, best investment you can make. Also Google Stan Winestein and his trading methods, guy is money and LEGIT. Not one these lames like Atlas Trading or Raging Bull types. A real long term trader.
 
Warhead14

Warhead14

TID Board Of Directors
Jul 23, 2011
1,007
525
If there’s any money to be made on this still — get in and get out fast. It’s going to flop. It will basically be a poor copy of Twitter, and simply an echo chamber for rhetoric parrots. It won’t have any original quality content and will burn itself out within a few months (tops).
And Trump wasn't going to win in 2016 right? Hillary was at 98% remember? Twitter & FB along with the rest of the media which are echo chamber's as you exactly described for the failed left. You dont anything yet other than what you are parroting from CNN. I will tell you this much, America is ready for uncensored speech. Now lets look at some fact's, the ycan be found in the charts. Both of these are below the moving average and FB even being attacked by the left. They both are burnt old news that we KNOW are pure propaganda lest they wouldn't have banned Trump, hell they did his work for him by being so obvious.
 

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testboner

testboner

VIP Member
Oct 10, 2010
749
715
And Trump wasn't going to win in 2016 right? Hillary was at 98% remember? Twitter & FB along with the rest of the media which are echo chamber's as you exactly described for the failed left. You dont anything yet other than what you are parroting from CNN. I will tell you this much, America is ready for uncensored speech. Now lets look at some fact's, the ycan be found in the charts. Both of these are below the moving average and FB even being attacked by the left. They both are burnt old news that we KNOW are pure propaganda lest they wouldn't have banned Trump, hell they did his work for him by being so obvious.
Pretty off in all respects there War, IF you’re attributing your thoughts on things as though I’m a DEM supporter, or a mainstream (or any media for that matter) follower.
It’s all bullshit — gov’t, media, and societal bandwagons.
If one wants to try and forecast the success or lack of with regard to any Trump marketing ploy — consider that he had set up a trial run for independent social media with a blog for his cult members to follow. It was a pretty feeble and kooky trial run and failed within a month.
 
Swiper

Swiper

VIP Member
Jan 8, 2011
1,191
1,066
“The Richest He's Ever Been': Trump Set To Gain Billions In Net Worth On Moonshot SPAC”


“Former President Donald Trump's new media enterprise - Trump Media & Technology Group - is already worth an implied $8.2 billion following last week's buying frenzy following the announcement of it's special purpose acquisition company (SPAC), Digital World Acquisition Corp. (ticker: DWAC).

Shares in DWAC had been hovering around $9 before Wednesday's announcement, before rising to $52 on Thursday and closing at $45.50. An incredible half a billion shares changed hands during regular market hours. Momentum continued on Friday despite five halts, as the stock opened at $118, hit a high of $175 despite momentum-breaking halts, only to close at $94.20 at the end of the day (dropping to nearly $80 after hours).

And according to Bloomberg, citing SEC filings, it appears that Trump will own more than 50% of the combined company. Assuming that the company's initial enterprise value was $875 million (based on figures from press releases) was calculated at $10 per share offering price and the $293 million Digital World has in trust, owners of the SPAC will receive around 42% of the combined company, leaving 58% for Trump - a stake worth nearly $4.8 billion based on Friday's close. For reference, Twitter is worth nearly $50 billion.

"At its current value, that would make him the richest he’s ever been, up from his estimated net worth now of $2.5 billion, according to the Bloomberg Billionaires Index," according to the report.

The on-paper gains, should they hold, more than make up for the $500 million hit Trump took to his net worth since becoming President according to the report.

Of course, Bloomberg points out that Trump's new venture faces significant headwinds.

There are many reasons to be skeptical of the valuation. It will be months before the new venture publicly releases its first product, a social-media platform called Truth Social. And there are already technical issues. On Thursday, the Truth Social page was hacked to make it appear that Trump shared a photo of a defecating pig.

It’s also unclear how Trump plans to build a social-media platform on the scale of Twitter over the next few months, let alone a streaming service, which is the next phase of Trump Media’s plans, according to the press release announcing the company. That statement was light on numbers even by SPAC standards.

"We have no financials. We have no business plan. We don’t know how they got to the valuation. We have no information," said Kristi Marvin, CEO of research firm SPAC Insider. "That’s the fundamental problem."

Cloud competitor?

Trump's new business plans to include a potential "tech stack" which would compete with cloud offerings from Google and Amazon, according to a presentation on Trump Media's website.

That said, Bloomberg takes a further shot at Trump - noting that Digital World's board is 'light on members with media experience.'

Its chief executive officer, Patrick Orlando, is a former Deutsche Bank AG derivatives trader who co-founded a sugar-trading company and started a banking firm, Benessere Capital, before more recently embracing SPACs.

If Trump's new venture provides a conservative-friendly Twitter competitor that includes cloud hosting services, and perhaps a digital ad platform, we can only imagine how high valuations will go if it gains legitimate traction going into the 2022 midterms and beyond.”

 
Warhead14

Warhead14

TID Board Of Directors
Jul 23, 2011
1,007
525
“The Richest He's Ever Been': Trump Set To Gain Billions In Net Worth On Moonshot SPAC”


“Former President Donald Trump's new media enterprise - Trump Media & Technology Group - is already worth an implied $8.2 billion following last week's buying frenzy following the announcement of it's special purpose acquisition company (SPAC), Digital World Acquisition Corp. (ticker: DWAC).

Shares in DWAC had been hovering around $9 before Wednesday's announcement, before rising to $52 on Thursday and closing at $45.50. An incredible half a billion shares changed hands during regular market hours. Momentum continued on Friday despite five halts, as the stock opened at $118, hit a high of $175 despite momentum-breaking halts, only to close at $94.20 at the end of the day (dropping to nearly $80 after hours).

And according to Bloomberg, citing SEC filings, it appears that Trump will own more than 50% of the combined company. Assuming that the company's initial enterprise value was $875 million (based on figures from press releases) was calculated at $10 per share offering price and the $293 million Digital World has in trust, owners of the SPAC will receive around 42% of the combined company, leaving 58% for Trump - a stake worth nearly $4.8 billion based on Friday's close. For reference, Twitter is worth nearly $50 billion.

"At its current value, that would make him the richest he’s ever been, up from his estimated net worth now of $2.5 billion, according to the Bloomberg Billionaires Index," according to the report.

The on-paper gains, should they hold, more than make up for the $500 million hit Trump took to his net worth since becoming President according to the report.

Of course, Bloomberg points out that Trump's new venture faces significant headwinds.

There are many reasons to be skeptical of the valuation. It will be months before the new venture publicly releases its first product, a social-media platform called Truth Social. And there are already technical issues. On Thursday, the Truth Social page was hacked to make it appear that Trump shared a photo of a defecating pig.

It’s also unclear how Trump plans to build a social-media platform on the scale of Twitter over the next few months, let alone a streaming service, which is the next phase of Trump Media’s plans, according to the press release announcing the company. That statement was light on numbers even by SPAC standards.

"We have no financials. We have no business plan. We don’t know how they got to the valuation. We have no information," said Kristi Marvin, CEO of research firm SPAC Insider. "That’s the fundamental problem."

Cloud competitor?

Trump's new business plans to include a potential "tech stack" which would compete with cloud offerings from Google and Amazon, according to a presentation on Trump Media's website.

That said, Bloomberg takes a further shot at Trump - noting that Digital World's board is 'light on members with media experience.'

Its chief executive officer, Patrick Orlando, is a former Deutsche Bank AG derivatives trader who co-founded a sugar-trading company and started a banking firm, Benessere Capital, before more recently embracing SPACs.

If Trump's new venture provides a conservative-friendly Twitter competitor that includes cloud hosting services, and perhaps a digital ad platform, we can only imagine how high valuations will go if it gains legitimate traction going into the 2022 midterms and beyond.”

Got no issue with that! Those who stand up to fascism and globalism can make all they want so long as we keep freedom of speech and and America 1st. Fuck it, a rising tide raises all ships, and I booked a 150k long week long and short. So bring that shit!
 
S

SilverFox

Senior Member
Oct 31, 2018
122
102
Got no issue with that! Those who stand up to fascism and globalism can make all they want so long as we keep freedom of speech and and America 1st. Fuck it, a rising tide raises all ships, and I booked a 150k long week long and short. So bring that shit!
Feeling your oats I can tell, and good luck with this!
 
Warhead14

Warhead14

TID Board Of Directors
Jul 23, 2011
1,007
525
Feeling your oats I can tell, and good luck with this!
Oh I am not in the business of giving back. I have no idea whether I would re enter that stock, but I will be watching it. When something moves that crazy, I am very reluctant. I got straight up lucky on this one, momentum trades like that are way way outside for me. But, I couldnt deny what I was seeing...
 
HDH

HDH

TID Board Of Directors
Sep 30, 2011
2,587
1,798
If there’s any money to be made on this still — get in and get out fast. It’s going to flop. It will basically be a poor copy of Twitter, and simply an echo chamber for rhetoric parrots. It won’t have any original quality content and will burn itself out within a few months (tops).
We agree on a lot of issues my friend, on this one though, we will have to agree to disagree. It's not really something I want to go back and forth on, that's why I'm agreeing to disagree from the start, lol. I do think it may end up bigger than twitter and/or facebook though.

I have absolutely nothing to back it up. In order for you to see it how I do, you would have to believe the election was stolen and there are many, many supporters out there. Hell, even the regular day to day dems are tired of what's going on.

I've been waiting patiently.
 
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