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interests / rec.outdoors.rv-travel / The latest pump and dump

SubjectAuthor
* The latest pump and dumpTechnobarbarian
`* Re: The latest pump and dumpGeorge Anthony
 `* Re: The latest pump and dumpTechnobarbarian
  `- Re: The latest pump and dumpbfh

1
The latest pump and dump

<MPG.406a488d251fa76f98976b@reader80.eternal-september.org>

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From: technobarbarian@gmail.com (Technobarbarian)
Newsgroups: rec.outdoors.rv-travel
Subject: The latest pump and dump
Date: Sun, 24 Mar 2024 15:27:21 -0700
Organization: A noiseless patient Spider
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 by: Technobarbarian - Sun, 24 Mar 2024 22:27 UTC

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

Re: The latest pump and dump

<utql49$mvfo$1@dont-email.me>

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From: ganthony@gmail.org (George Anthony)
Newsgroups: rec.outdoors.rv-travel
Subject: Re: The latest pump and dump
Date: Sun, 24 Mar 2024 20:47:54 -0500
Organization: A noiseless patient Spider
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 by: George Anthony - Mon, 25 Mar 2024 01:47 UTC

On 3/24/2024 5:27 PM, Technobarbarian wrote:
>
>
> 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
>
>
>
Why, what will happen to you on Monday?

Re: The latest pump and dump

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From: technobarbarian@gmail.com (Technobarbarian)
Newsgroups: rec.outdoors.rv-travel
Subject: Re: The latest pump and dump
Date: Mon, 25 Mar 2024 09:06:36 -0700
Organization: A noiseless patient Spider
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 by: Technobarbarian - Mon, 25 Mar 2024 16:06 UTC

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.
> >
> > TB
> >
> >
> >
> Why, what will happen to you on Monday?
>

Today I expect to smile and laugh frequently.

TB

Re: The latest pump and dump

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<utql49$mvfo$1@dont-email.me>
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From: redydog@rye.net (bfh)
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 by: bfh - Mon, 25 Mar 2024 17:01 UTC

Technobarbarian wrote:
> 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.

You're right. It got interesting.
-----------------------------------------------------
A New York appeals court has given Donald Trump 10 more days to post
his bond as he appeals the civil fraud judgment against him and cut
the amount necessary to $175 million

It’s a major lifeline for the former president, who, along with his
adult sons and his company, were fined more than $464 million,
including interest, after Judge Arthur Engoron found Trump and his
co-defendants fraudulently inflated the value of his assets.

The ruling staves off the prospect, for now, of New York Attorney
General Letitia James seeking to seize the former president’s property
to enforce the judgment against him. Trump had been struggling to come
up with the means to post a bond of more than $500 million, the total
that he would have needed before Monday’s appellate decision.

Trump said on Truth Social on Monday that he would “abide by the
decision and post either a bond, equivalent securities, or cash” to
meet the terms of the judgment. His attorneys said last week he was
struggling to come up with bond to cover the full amount, noting that
banks would not approve bond of more than $100 million.

The ruling stated that the $175 million bond will be in place until at
least September, meaning James won’t be able to seek to enforce the
judgment against Trump until then.

The order stayed the enforcement of several penalties Engoron had
handed down in addition to the fine, including that Trump and his sons
can still run a business in New York and obtain loans from New York
financial institutions for now.

The order blocked those penalties in the judgment but also stated that
the court-ordered monitor and the appointment of a compliance director
will remain in place.
-------------------------------------------------------------------

>> Why, what will happen to you on Monday?
>>
>
> Today I expect to smile and laugh frequently.

Does the interesting day the idiot had make you smile and laugh?

--
bill
Theory don't mean squat if it don't work.

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