Guided Missile

CNN Latest

Trump Media CEO Devin Nunes told the president of the NASDAQ, here, "brokers have a significant financial incentive to lend non-existent shares." He believes at least some short sellers are betting shares will go down in price without owning or borrowing them which can be illegal."

Err.no I didn't say it was "some sort of long term bet". What I said was "Truth Social will increase in value until Trump is elected. when its value will tank when Trump starts selling his stock. I reckon it'll double in value this year. I would invest $5,000 for a laugh, no more." I stand by that, but hey, I could be wrong. I bet £10 that Saints would get promoted this season.

He's getting more shares in his own company worth $1.3 million. I doubt he'll sell them to "idiots" yet, so nothing to see mate, certainly no scam. I know you hate his guts, but I doubt you'd be reckless enough to make a libellous claim like that on a public forum. Doh...

At open on April 19, Trump Media & Technology Group Corp share price rose to $36.95, up 11.33% from previous close.

As much a scam as bitcoin.

Profit taking.

Timing is everything in share dealing, mate: Benjii, one of the most incompetent day traders ever.😉

Someone listened to me at the time I posted:

I just woke up from my afternoon nap, ladies. Unfortunately it appears the chances of reading informed posts on this board have not improved, just the same infantile abuse. So, my contribution on the climate change conspiracy theory, is heavily influenced, not by Matt fucking Le Tissier, but a proper informed scientist, with impeccable academic credentials. I spent 7 hours reading the book "Unsettled", which pretty much sums up my opinion, on the current bullshit surrounding the greatest con inflicted on the human race, that of net zero. Now to save our heroic posters the 7 hours to read the book, I have summarised it below, although I doubt the losers on this forum will spare the 5 minutes required reading, to spark their dull brains, let alone reading the book themselves.

Short-sellers lost $100 million last month betting on a decline in the stock that didn’t come.

The collapse in the company’s share price reduced the value of Trump's position in TMTG from around $5.5bn dollars last week to about $3.5bn as of Monday evening. Volatile to be certain, but worthless before too long? If you believe that, Billy Big Bollocks, why don't you short the stock?

Up another 20% since the above was posted.

It doesn't work like that. He can sell stock in the company in six months or take a dividend from retained profits, (ha ha), but he can't "siphon off" cash from a listed corporation. What he could also do is make sure the $300 million in cash is invested in assets that would make his shares increase in value. You don't really have a clue, do you? What do you think he is? A postmaster?