The math still doesn't even begin to add up. This one is an obvious
pump and dump.
"The shell company Digital World Acquisition Corp.
saw its share price plunge nearly 14% in the hours following
shareholder approval Friday morning of a merger with the former
president?s social media company to take it public."
"The decline could reflect concerns about whether Trump Media &
Technology Group, which is being merged with DWAC, can ultimately
deliver significant revenue ? and whether Trump will try to cash in on
his share early because of his many legal problems.
TMTG, which owns the Trump Social platform that Trump used Saturday to proclaim his love for the app, reported losses of nearly $50 million
over the first three financial quarters of 2023. It booked less than
$3.5 million in revenue during that time."
"Trump Media will use the ticker symbol DJT when it begins trading on
the NASDAQ stock market as soon as next week.
That same ticker was used for Trump?s prior publicly traded company,
Trump Hotels & Casino Resorts, whose shares traded on the New York Stock Exchange beginning in 1995.
That company lost money every year it operated and ended up filing for bankruptcy protection in 2004, the same year it was delisted from the exchange."
https://www.cnbc.com/2024/03/23/trump-says-i-love-truth-social-after- dwac-stock-plunges-.html
LOL "Significant revenue?" That isn't likely and it isn't going to
be orange jesus's problem. Monday could be an interesting day for the
idiot.
TB
In article <utql49$mvfo$1@dont-email.me>, ganthony@gmail.org says...
That company lost money every year it operated and ended up filing for
bankruptcy protection in 2004, the same year it was delisted from the
exchange."
https://www.cnbc.com/2024/03/23/trump-says-i-love-truth-social-after-
dwac-stock-plunges-.html
LOL "Significant revenue?" That isn't likely and it isn't going to >>> be orange jesus's problem. Monday could be an interesting day for the
idiot.
Why, what will happen to you on Monday?
Today I expect to smile and laugh frequently.
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