Forbes Senior Editor Dan Alexander appeared on CNN's "Out Front" hours after news broke Trump Media would put more than 20 million shares up for sale because, as host Erin Burnett put it, "the company's bleeding money."
"It is a sad story," Alexander told Burnett. "And the trouble here is that if you look at the fundamentals of the company — it's poised to go down a LOT more!"
Shares of TMTG (DJT) fell roughly 18% Monday afternoon!
Then plunged another 14.17% Tuesday afternoon!!
Down from a high of $80 down to a close of just $22.87
2
HEADLINES today . . .
Trump media shares circle the Toilet!
Forbes Senior Editor Dan Alexander appeared on CNN's "Out Front" hours after news broke Trump Media would put more than 20 million shares up for sale because, as host Erin Burnett put it, "the company's bleeding money."
"It is a sad story," Alexander told Burnett. "And the trouble here is that if you look at the fundamentals of the company — it's poised to go down a LOT more!"
Shares of TMTG (DJT) fell roughly 18% Monday afternoon!
Then plunged another 14.17% Tuesday afternoon!!
Down from a high of $80 down to a close of just $22.87
Quote Originally Posted by Zeus4par: Good news for the foolish Trump cult that invested in his media shares they are up from $22.87 and reached $25 just moments agoDay traders seem to be having fun today with Trump's stock as it circles the drain
ya i see it bouncing up and down quite a bit this morning
"I'm the MOST HONEST HUMAN BEING that God has EVER created!!" - Donald Trump
0
Quote Originally Posted by Zeus4par:
Quote Originally Posted by Zeus4par: Good news for the foolish Trump cult that invested in his media shares they are up from $22.87 and reached $25 just moments agoDay traders seem to be having fun today with Trump's stock as it circles the drain
ya i see it bouncing up and down quite a bit this morning
Quote Originally Posted by KellyM_1964: Day traders seem to be having fun today with Trump's stock as it circles the drain ya i see it bouncing up and down quite a bit this morning Upward trend for Trump stock as it rises to $26
Darn. Back down to $25 but still ahead from the start of the day
0
Quote Originally Posted by Zeus4par:
Quote Originally Posted by KellyM_1964: Day traders seem to be having fun today with Trump's stock as it circles the drain ya i see it bouncing up and down quite a bit this morning Upward trend for Trump stock as it rises to $26
Darn. Back down to $25 but still ahead from the start of the day
Quote Originally Posted by Zeus4par: Quote Originally Posted by KellyM_1964: Day traders seem to be having fun today with Trump's stock as it circles the drain ya i see it bouncing up and down quite a bit this morning Upward trend for Trump stock as it rises to $26 Darn. Back down to $25 but still ahead from the start of the day
Now back up to $26. For a day trader with a wad to play with he could make a few today. Five spikes!
0
Quote Originally Posted by Zeus4par:
Quote Originally Posted by Zeus4par: Quote Originally Posted by KellyM_1964: Day traders seem to be having fun today with Trump's stock as it circles the drain ya i see it bouncing up and down quite a bit this morning Upward trend for Trump stock as it rises to $26 Darn. Back down to $25 but still ahead from the start of the day
Now back up to $26. For a day trader with a wad to play with he could make a few today. Five spikes!
Quote Originally Posted by Zeus4par: Quote Originally Posted by Zeus4par: Quote Originally Posted by KellyM_1964: Day traders seem to be having fun today with Trump's stock as it circles the drain ya i see it bouncing up and down quite a bit this morning Upward trend for Trump stock as it rises to $26 Darn. Back down to $25 but still ahead from the start of the day Now back up to $26. For a day trader with a wad to play with he could make a few today. Five spikes!
@Zeus4par
Are you putting any skin in the game today?
1
Quote Originally Posted by Zeus4par:
Quote Originally Posted by Zeus4par: Quote Originally Posted by Zeus4par: Quote Originally Posted by KellyM_1964: Day traders seem to be having fun today with Trump's stock as it circles the drain ya i see it bouncing up and down quite a bit this morning Upward trend for Trump stock as it rises to $26 Darn. Back down to $25 but still ahead from the start of the day Now back up to $26. For a day trader with a wad to play with he could make a few today. Five spikes!
Quote Originally Posted by Zeus4par: Quote Originally Posted by Zeus4par: Quote Originally Posted by Zeus4par: Quote Originally Posted by KellyM_1964: Day traders seem to be having fun today with Trump's stock as it circles the drain ya i see it bouncing up and down quite a bit this morning Upward trend for Trump stock as it rises to $26 Darn. Back down to $25 but still ahead from the start of the day Now back up to $26. For a day trader with a wad to play with he could make a few today. Five spikes! @Zeus4par Are you putting any skin in the game today?
Hell no! Watching in amusement at all the Trumplicans losing their money by trusting in a fraud!
1
Quote Originally Posted by fubah2:
Quote Originally Posted by Zeus4par: Quote Originally Posted by Zeus4par: Quote Originally Posted by Zeus4par: Quote Originally Posted by KellyM_1964: Day traders seem to be having fun today with Trump's stock as it circles the drain ya i see it bouncing up and down quite a bit this morning Upward trend for Trump stock as it rises to $26 Darn. Back down to $25 but still ahead from the start of the day Now back up to $26. For a day trader with a wad to play with he could make a few today. Five spikes! @Zeus4par Are you putting any skin in the game today?
Hell no! Watching in amusement at all the Trumplicans losing their money by trusting in a fraud!
Quote Originally Posted by fubah2: Quote Originally Posted by Zeus4par: Quote Originally Posted by Zeus4par: Quote Originally Posted by Zeus4par: Quote Originally Posted by KellyM_1964: Day traders seem to be having fun today with Trump's stock as it circles the drain ya i see it bouncing up and down quite a bit this morning Upward trend for Trump stock as it rises to $26 Darn. Back down to $25 but still ahead from the start of the day Now back up to $26. For a day trader with a wad to play with he could make a few today. Five spikes! @Zeus4par Are you putting any skin in the game today? Hell no! Watching in amusement at all the Trumplicans losing their money by trusting in a fraud!
That said it does have an upward trend line so far, even if only by a few dollars.
0
Quote Originally Posted by Zeus4par:
Quote Originally Posted by fubah2: Quote Originally Posted by Zeus4par: Quote Originally Posted by Zeus4par: Quote Originally Posted by Zeus4par: Quote Originally Posted by KellyM_1964: Day traders seem to be having fun today with Trump's stock as it circles the drain ya i see it bouncing up and down quite a bit this morning Upward trend for Trump stock as it rises to $26 Darn. Back down to $25 but still ahead from the start of the day Now back up to $26. For a day trader with a wad to play with he could make a few today. Five spikes! @Zeus4par Are you putting any skin in the game today? Hell no! Watching in amusement at all the Trumplicans losing their money by trusting in a fraud!
That said it does have an upward trend line so far, even if only by a few dollars.
Quote Originally Posted by Zeus4par: Quote Originally Posted by fubah2: Quote Originally Posted by Zeus4par: Quote Originally Posted by Zeus4par: Quote Originally Posted by Zeus4par: Quote Originally Posted by KellyM_1964: Day traders seem to be having fun today with Trump's stock as it circles the drain ya i see it bouncing up and down quite a bit this morning Upward trend for Trump stock as it rises to $26 Darn. Back down to $25 but still ahead from the start of the day Now back up to $26. For a day trader with a wad to play with he could make a few today. Five spikes! @Zeus4par Are you putting any skin in the game today? Hell no! Watching in amusement at all the Trumplicans losing their money by trusting in a fraud! That said it does have an upward trend line so far, even if only by a few dollars.
Yeah I see it's been hoovering close to $26 for the past hour. What do you think, will it plunge by close again?
0
Quote Originally Posted by Zeus4par:
Quote Originally Posted by Zeus4par: Quote Originally Posted by fubah2: Quote Originally Posted by Zeus4par: Quote Originally Posted by Zeus4par: Quote Originally Posted by Zeus4par: Quote Originally Posted by KellyM_1964: Day traders seem to be having fun today with Trump's stock as it circles the drain ya i see it bouncing up and down quite a bit this morning Upward trend for Trump stock as it rises to $26 Darn. Back down to $25 but still ahead from the start of the day Now back up to $26. For a day trader with a wad to play with he could make a few today. Five spikes! @Zeus4par Are you putting any skin in the game today? Hell no! Watching in amusement at all the Trumplicans losing their money by trusting in a fraud! That said it does have an upward trend line so far, even if only by a few dollars.
Yeah I see it's been hoovering close to $26 for the past hour. What do you think, will it plunge by close again?
Quote Originally Posted by Zeus4par: Quote Originally Posted by Zeus4par: Quote Originally Posted by fubah2: Quote Originally Posted by Zeus4par: Quote Originally Posted by Zeus4par: Quote Originally Posted by Zeus4par: Quote Originally Posted by KellyM_1964: Day traders seem to be having fun today with Trump's stock as it circles the drain ya i see it bouncing up and down quite a bit this morning Upward trend for Trump stock as it rises to $26 Darn. Back down to $25 but still ahead from the start of the day Now back up to $26. For a day trader with a wad to play with he could make a few today. Five spikes! @Zeus4par Are you putting any skin in the game today? Hell no! Watching in amusement at all the Trumplicans losing their money by trusting in a fraud! That said it does have an upward trend line so far, even if only by a few dollars.Yeah I see it's been hoovering close to $26 for the past hour. What do you think, will it plunge by close again?
Doggone thing looking stubborn now
1
Quote Originally Posted by fubah2:
Quote Originally Posted by Zeus4par: Quote Originally Posted by Zeus4par: Quote Originally Posted by fubah2: Quote Originally Posted by Zeus4par: Quote Originally Posted by Zeus4par: Quote Originally Posted by Zeus4par: Quote Originally Posted by KellyM_1964: Day traders seem to be having fun today with Trump's stock as it circles the drain ya i see it bouncing up and down quite a bit this morning Upward trend for Trump stock as it rises to $26 Darn. Back down to $25 but still ahead from the start of the day Now back up to $26. For a day trader with a wad to play with he could make a few today. Five spikes! @Zeus4par Are you putting any skin in the game today? Hell no! Watching in amusement at all the Trumplicans losing their money by trusting in a fraud! That said it does have an upward trend line so far, even if only by a few dollars.Yeah I see it's been hoovering close to $26 for the past hour. What do you think, will it plunge by close again?
Quote Originally Posted by fubah2: Quote Originally Posted by Zeus4par: Quote Originally Posted by Zeus4par: Quote Originally Posted by fubah2: Quote Originally Posted by Zeus4par: Quote Originally Posted by Zeus4par: Quote Originally Posted by Zeus4par: Quote Originally Posted by KellyM_1964: Day traders seem to be having fun today with Trump's stock as it circles the drain ya i see it bouncing up and down quite a bit this morning Upward trend for Trump stock as it rises to $26 Darn. Back down to $25 but still ahead from the start of the day Now back up to $26. For a day trader with a wad to play with he could make a few today. Five spikes! @Zeus4par Are you putting any skin in the game today? Hell no! Watching in amusement at all the Trumplicans losing their money by trusting in a fraud! That said it does have an upward trend line so far, even if only by a few dollars.Yeah I see it's been hoovering close to $26 for the past hour. What do you think, will it plunge by close again?Doggone thing looking stubborn now
just spiked over $27.60
"I'm the MOST HONEST HUMAN BEING that God has EVER created!!" - Donald Trump
0
Quote Originally Posted by fubah2:
Quote Originally Posted by fubah2: Quote Originally Posted by Zeus4par: Quote Originally Posted by Zeus4par: Quote Originally Posted by fubah2: Quote Originally Posted by Zeus4par: Quote Originally Posted by Zeus4par: Quote Originally Posted by Zeus4par: Quote Originally Posted by KellyM_1964: Day traders seem to be having fun today with Trump's stock as it circles the drain ya i see it bouncing up and down quite a bit this morning Upward trend for Trump stock as it rises to $26 Darn. Back down to $25 but still ahead from the start of the day Now back up to $26. For a day trader with a wad to play with he could make a few today. Five spikes! @Zeus4par Are you putting any skin in the game today? Hell no! Watching in amusement at all the Trumplicans losing their money by trusting in a fraud! That said it does have an upward trend line so far, even if only by a few dollars.Yeah I see it's been hoovering close to $26 for the past hour. What do you think, will it plunge by close again?Doggone thing looking stubborn now
Quote Originally Posted by fubah2: Quote Originally Posted by fubah2: Quote Originally Posted by Zeus4par: Quote Originally Posted by Zeus4par: Quote Originally Posted by fubah2: Quote Originally Posted by Zeus4par: Quote Originally Posted by Zeus4par: Quote Originally Posted by Zeus4par: Quote Originally Posted by KellyM_1964: Day traders seem to be having fun today with Trump's stock as it circles the drain ya i see it bouncing up and down quite a bit this morning Upward trend for Trump stock as it rises to $26 Darn. Back down to $25 but still ahead from the start of the day Now back up to $26. For a day trader with a wad to play with he could make a few today. Five spikes! @Zeus4par Are you putting any skin in the game today? Hell no! Watching in amusement at all the Trumplicans losing their money by trusting in a fraud! That said it does have an upward trend line so far, even if only by a few dollars.Yeah I see it's been hoovering close to $26 for the past hour. What do you think, will it plunge by close again?Doggone thing looking stubborn now just spiked over $27.60
over $28 now
"I'm the MOST HONEST HUMAN BEING that God has EVER created!!" - Donald Trump
0
Quote Originally Posted by KellyM_1964:
Quote Originally Posted by fubah2: Quote Originally Posted by fubah2: Quote Originally Posted by Zeus4par: Quote Originally Posted by Zeus4par: Quote Originally Posted by fubah2: Quote Originally Posted by Zeus4par: Quote Originally Posted by Zeus4par: Quote Originally Posted by Zeus4par: Quote Originally Posted by KellyM_1964: Day traders seem to be having fun today with Trump's stock as it circles the drain ya i see it bouncing up and down quite a bit this morning Upward trend for Trump stock as it rises to $26 Darn. Back down to $25 but still ahead from the start of the day Now back up to $26. For a day trader with a wad to play with he could make a few today. Five spikes! @Zeus4par Are you putting any skin in the game today? Hell no! Watching in amusement at all the Trumplicans losing their money by trusting in a fraud! That said it does have an upward trend line so far, even if only by a few dollars.Yeah I see it's been hoovering close to $26 for the past hour. What do you think, will it plunge by close again?Doggone thing looking stubborn now just spiked over $27.60
Quote Originally Posted by KellyM_1964: Quote Originally Posted by fubah2: Quote Originally Posted by fubah2: Quote Originally Posted by Zeus4par: Quote Originally Posted by Zeus4par: Quote Originally Posted by fubah2: Quote Originally Posted by Zeus4par: Quote Originally Posted by Zeus4par: Quote Originally Posted by Zeus4par: Quote Originally Posted by KellyM_1964: Day traders seem to be having fun today with Trump's stock as it circles the drain ya i see it bouncing up and down quite a bit this morning Upward trend for Trump stock as it rises to $26 Darn. Back down to $25 but still ahead from the start of the day Now back up to $26. For a day trader with a wad to play with he could make a few today. Five spikes! @Zeus4par Are you putting any skin in the game today? Hell no! Watching in amusement at all the Trumplicans losing their money by trusting in a fraud! That said it does have an upward trend line so far, even if only by a few dollars.Yeah I see it's been hoovering close to $26 for the past hour. What do you think, will it plunge by close again?Doggone thing looking stubborn now just spiked over $27.60 over $28 now
Yes and if I had stock I'd be selling right now because this baby will be going down.
0
Quote Originally Posted by KellyM_1964:
Quote Originally Posted by KellyM_1964: Quote Originally Posted by fubah2: Quote Originally Posted by fubah2: Quote Originally Posted by Zeus4par: Quote Originally Posted by Zeus4par: Quote Originally Posted by fubah2: Quote Originally Posted by Zeus4par: Quote Originally Posted by Zeus4par: Quote Originally Posted by Zeus4par: Quote Originally Posted by KellyM_1964: Day traders seem to be having fun today with Trump's stock as it circles the drain ya i see it bouncing up and down quite a bit this morning Upward trend for Trump stock as it rises to $26 Darn. Back down to $25 but still ahead from the start of the day Now back up to $26. For a day trader with a wad to play with he could make a few today. Five spikes! @Zeus4par Are you putting any skin in the game today? Hell no! Watching in amusement at all the Trumplicans losing their money by trusting in a fraud! That said it does have an upward trend line so far, even if only by a few dollars.Yeah I see it's been hoovering close to $26 for the past hour. What do you think, will it plunge by close again?Doggone thing looking stubborn now just spiked over $27.60 over $28 now
Yes and if I had stock I'd be selling right now because this baby will be going down.
Trump's worthless meme stock - being very actively traded by DAY TRADERS (gamblers!) Wednesday - finished up 15.6%. Lots of buys. Too bad. Many of them will lose all that....
Watch this drop more by the end of the week
1
Quote Originally Posted by fubah2:
Trump's worthless meme stock - being very actively traded by DAY TRADERS (gamblers!) Wednesday - finished up 15.6%. Lots of buys. Too bad. Many of them will lose all that....
Quote Originally Posted by fubah2: Trump's worthless meme stock - being very actively traded by DAY TRADERS (gamblers!) Wednesday - finished up 15.6%. Lots of buys. Too bad. Many of them will lose all that.... Watch this drop more by the end of the week
@Zeus4par
Probably down around $21 or $22 by end of the week. Maybe lower. Can usually expect the selloff after a frenzied rally the day before.
0
Quote Originally Posted by Zeus4par:
Quote Originally Posted by fubah2: Trump's worthless meme stock - being very actively traded by DAY TRADERS (gamblers!) Wednesday - finished up 15.6%. Lots of buys. Too bad. Many of them will lose all that.... Watch this drop more by the end of the week
@Zeus4par
Probably down around $21 or $22 by end of the week. Maybe lower. Can usually expect the selloff after a frenzied rally the day before.
Quote Originally Posted by Zeus4par: Quote Originally Posted by fubah2: Trump's worthless meme stock - being very actively traded by DAY TRADERS (gamblers!) Wednesday - finished up 15.6%. Lots of buys. Too bad. Many of them will lose all that.... Watch this drop more by the end of the week @Zeus4par Probably down around $21 or $22 by end of the week. Maybe lower. Can usually expect the selloff after a frenzied rally the day before.
hoping for lower !
"I'm the MOST HONEST HUMAN BEING that God has EVER created!!" - Donald Trump
1
Quote Originally Posted by fubah2:
Quote Originally Posted by Zeus4par: Quote Originally Posted by fubah2: Trump's worthless meme stock - being very actively traded by DAY TRADERS (gamblers!) Wednesday - finished up 15.6%. Lots of buys. Too bad. Many of them will lose all that.... Watch this drop more by the end of the week @Zeus4par Probably down around $21 or $22 by end of the week. Maybe lower. Can usually expect the selloff after a frenzied rally the day before.
Quote Originally Posted by fubah2: Quote Originally Posted by Zeus4par: Quote Originally Posted by fubah2: Trump's worthless meme stock - being very actively traded by DAY TRADERS (gamblers!) Wednesday - finished up 15.6%. Lots of buys. Too bad. Many of them will lose all that.... Watch this drop more by the end of the week @Zeus4par Probably down around $21 or $22 by end of the week. Maybe lower. Can usually expect the selloff after a frenzied rally the day before. hoping for lower !
That wish may very well be granted....if not sooner then certainly later
1
Quote Originally Posted by KellyM_1964:
Quote Originally Posted by fubah2: Quote Originally Posted by Zeus4par: Quote Originally Posted by fubah2: Trump's worthless meme stock - being very actively traded by DAY TRADERS (gamblers!) Wednesday - finished up 15.6%. Lots of buys. Too bad. Many of them will lose all that.... Watch this drop more by the end of the week @Zeus4par Probably down around $21 or $22 by end of the week. Maybe lower. Can usually expect the selloff after a frenzied rally the day before. hoping for lower !
That wish may very well be granted....if not sooner then certainly later
Expert WARNS of possible securities fraud in Trump Media stock
After the completed merger with "blank check firm" Digital World Acquisition Corp., the stock soared to over $66 a share, then crashed when news broke that Truth Social lost $58 million in 2023.
Trump went online to talk up the strength of Truth Social's stock, which could be a legal problem for him, a financial expert told Newsweek.
"A false statement of 'material' information is securities fraud," Michael Klausner, Professor of Law at Stanford Law School, told Newsweek. The professor warned it could be a case of "pumping."
Klausner warned this could be seen as illegal by the Securities and Exchange Commission if it's not true, and Trump could be investigated for a so-called "pump and dump" scheme, where someone deliberately hypes a stock to manipulate its price
- Newsweek
2
Expert WARNS of possible securities fraud in Trump Media stock
After the completed merger with "blank check firm" Digital World Acquisition Corp., the stock soared to over $66 a share, then crashed when news broke that Truth Social lost $58 million in 2023.
Trump went online to talk up the strength of Truth Social's stock, which could be a legal problem for him, a financial expert told Newsweek.
"A false statement of 'material' information is securities fraud," Michael Klausner, Professor of Law at Stanford Law School, told Newsweek. The professor warned it could be a case of "pumping."
Klausner warned this could be seen as illegal by the Securities and Exchange Commission if it's not true, and Trump could be investigated for a so-called "pump and dump" scheme, where someone deliberately hypes a stock to manipulate its price
Expert WARNS of possible securities fraud in Trump Media stock After the completed merger with "blank check firm" Digital World Acquisition Corp., the stock soared to over $66 a share, then crashed when news broke that Truth Social lost $58 million in 2023. Trump went online to talk up the strength of Truth Social's stock - Newsweek
@Zeus4par
would any of us b surprised if that happens
"I'm the MOST HONEST HUMAN BEING that God has EVER created!!" - Donald Trump
0
Quote Originally Posted by Zeus4par:
Expert WARNS of possible securities fraud in Trump Media stock After the completed merger with "blank check firm" Digital World Acquisition Corp., the stock soared to over $66 a share, then crashed when news broke that Truth Social lost $58 million in 2023. Trump went online to talk up the strength of Truth Social's stock - Newsweek
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