It's down 21% and trade even lower after hours?
Was there some news over the weekend?
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BUY BUY BUY
and
HOLD HOLD HOLD
Trump is negotiating for a waiver from the board to waive the 6 month lock up.
If you think about holding the stock as a campaign donation, its not so bad.
Not financial advice, but people should see things with both eyes open.
i see the wall-street snakes trying to manipulate it down hoping for a sell-of & then, oooops... theres goes trumps billions & his leverage against the corrupt courts...
but i know... lemme repeat, KNOW.... its gonna bounce back 200-300% before the election
How? Intuition? Or something else? I'm open to whatever reasoning you use to arrive at this conclusion, I'm just curious.
What? Trump isn’t negotiating to waive the 6 month lockup at all
The problem is that people always cash out. They cash out when they think it won't go higher, and then the first rats to flee the ship cash out as soon as it begins listing, and leave everyone else holding the bag. The company had $58 million in expenses against $4 million in revenues. $4 million is a tiny bit more than the average McDonald's restaurant takes in annually. But the average McDonalds store isn't spending $58 million just to keep the lights on and the Fryolators bubbling. I get wanting to be on the team, but the valuation is so totally out of whack with reality that there must be better ways to show support. If DJT gets permission to sell his shares prior to 6 months all the shares bought by retail investors will be nothing but charitable donations, except they won't be tax deductible.
The company has zero debt. Many companies have losses in the first years. TMTG spent money fighting battles to make the merger happen for two years. With the recent 10K filing they have zero debt and $200 cash to build