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Sell Trump Media Stock (DJT) Now - An Implosion Is Coming
Forbes ^ | April 12, 2024 | John Tobey

Posted on 04/12/2024 9:28:06 AM PDT by Reno89519

Do not wait. These storm clouds are not going to dissipate.

...[D]estructive issues:

Insider infighting over stockholdings

Competing insider shareholder lawsuits

First insiders now wanting to sell

Feeble responses by Trump Media CEO Nunes in interview by Fox Business News

Still-open new million-share spigot from the convertible securities and contracts that are converting

Highly diluting "bonus" 40M share issuance if the stock can remain above $17.50 for 20 of 30 days. (Counting the March 26 merger day, the number on April 12 would be 18.)

...

Beat the coming sellers to the exit. This stock remains significantly overpriced, with a book value (price/net worth) under $2, a price to sales ratio of over 25x, a large negative profit margin, and a negative price/earnings ratio. All the new shares will make the negative fundamental picture even worse.

...

(Excerpt) Read more at forbes.com ...


TOPICS: Business/Economy; News/Current Events; Politics/Elections
KEYWORDS: djt; investment; rontardsbelow; stock; tds; tdsbs; trump; truthsocial
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$2?! Sure glad I sold my shares at $55.
1 posted on 04/12/2024 9:28:06 AM PDT by Reno89519
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To: Reno89519

Complete garbage


2 posted on 04/12/2024 9:31:03 AM PDT by spacejunkie2001
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To: Reno89519

Oh look, the desanctomonious butt lickers are trashing all things Trump again. Talk about pathetic losers, these POS never seem to quit even after the most significant loss in all of American history. .


3 posted on 04/12/2024 9:31:09 AM PDT by JoSixChip (2020: The year of unreported truths; 2021: My main take away from this year? Trust no one.)
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To: Reno89519

Funny money...that said, it is a good show.


4 posted on 04/12/2024 9:31:24 AM PDT by WinstonSmith1984 (Make 1984 fiction again.)
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To: Reno89519

I’m far more concerned about my forced “shares” in government and how they’re being spent-—But...BUT-—TRUMP!!!


5 posted on 04/12/2024 9:31:41 AM PDT by mikelets456
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To: Reno89519

Forbes is an anti-Trump, China-owned company. Don’t think I’d take their advice.


6 posted on 04/12/2024 9:31:50 AM PDT by Jim W N (MAGA by restoring the Gospel of the Grace of Christ (Jude 3) and our Free Constitutional Republic!)
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To: Reno89519

What was the last time you’ve read an article in a finance mag explicitly calling for shareholders to crash a stock? Not just reporting on business troubles, but begging shareholders to sell.


7 posted on 04/12/2024 9:32:26 AM PDT by jz638
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To: Reno89519

What was the last time you’ve read an article in a finance mag explicitly calling for shareholders to crash a stock? Not just reporting on business troubles, but begging shareholders to sell.


8 posted on 04/12/2024 9:32:27 AM PDT by jz638
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To: JoSixChip

“Oh look, the desanctomonious butt lickers are trashing all things Trump again. Talk about pathetic losers, these POS never seem to quit even after the most significant loss in all of American history. .”

DDS is a mental problem but it can be cured!


9 posted on 04/12/2024 9:33:38 AM PDT by TexasGator
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To: Reno89519

as it goes down. Start buying.


10 posted on 04/12/2024 9:34:40 AM PDT by poinq (thics and customs and did not take an oath to the country. And did not follow the country's traditio)
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To: jz638

Indeed. Even Seeking Alpha doesn’t stoop that low. Or didn’t the last time I looked at it, years ago.


11 posted on 04/12/2024 9:34:42 AM PDT by xoxox
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To: poinq

squeeze ‘em!


12 posted on 04/12/2024 9:35:24 AM PDT by xoxox
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To: jz638

Bingo... that is a hit... is that actionable by the DJT board? If a publication conspires to disparage a company in order to lessen or increase its value is that a crime? Like yelling fire in a crowded theatre when there is no fire... If there is a fire and they can show that then there is no crime right? But if they conspired to yell fire when there was not one then... is that a crime?


13 posted on 04/12/2024 9:36:16 AM PDT by WinstonSmith1984 (Make 1984 fiction again.)
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To: TexasGator
DDS is a mental problem but it can be cured!

Seriously, you people are freaks of nature. You don't belong here.
14 posted on 04/12/2024 9:36:19 AM PDT by JoSixChip (2020: The year of unreported truths; 2021: My main take away from this year? Trust no one.)
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To: TexasGator

TDS is apparently tougher to cure for some.


15 posted on 04/12/2024 9:36:57 AM PDT by Moonmad27
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To: Reno89519

ALL stocks are way overpriced. The Dow Jones should be at under 12000 if not for the dollar destruction.

The entire country is going to collapse and even a Trump victory in November will not prevent it, all thanks to the deep state globohomos and Federal Reserve puppet masters.

The millions of illegal alien hordes are coming to America to die under the Four Horsemen of the Apocalypse.


16 posted on 04/12/2024 9:37:28 AM PDT by Flavious_Maximus (Tony Fauci will be put on death row and die of COVID!)
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Comment #17 Removed by Moderator

To: jz638
What was the last time you’ve read an article in a finance mag explicitly calling for shareholders to crash a stock?

Chinese-owned Forbes is one of those publications that is a shadow of its former self. Forbes.com is NOT the same as the magazine. From Wikipedia.org

As of 2019 the company published 100 articles each day produced by 3,000 outside contributors who were paid little or nothing.[41] This business model, in place since 2010,[42] "changed their reputation from being a respectable business publication to a content farm", according to Damon Kiesow, the Knight Chair in digital editing and producing at the University of Missouri School of Journalism.[41] Similarly, Harvard University's Nieman Lab deemed Forbes "a platform for scams, grift, and bad journalism" as of 2022.[43]
18 posted on 04/12/2024 9:38:24 AM PDT by Dr. Sivana
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To: Reno89519

meh - I rode down the first time and I’ll hold on now. Besides outside of money market or CDs between 4-5% I don’t really have anywhere else to put this money right now.


19 posted on 04/12/2024 9:38:28 AM PDT by reed13k
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To: jz638

I’ll wait for Jim Cramers opinion...........................


20 posted on 04/12/2024 9:38:38 AM PDT by Red Badger (Homeless veterans camp in the streets while illegals are put up in 5 Star hotels....................)
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