Elixir
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I think Loren is right.
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Trump tried to defraud his truth social business partners
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Jimmy Higgins
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And Trump is positioning for the Dump portion of the pump and dump.
Of course, one might ask, who the fuck is dumb enough to buy that many shares? Then the answer seems to logically be, not enough... so it has to be payoff.article said:
Toni
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Ask Putin why he ‘makes deals’ with Trump. Trump betrays everyone as sure as he breathes. He has no loyalty, only avarice and bile. He’s good at saying what he thinks his audience wants to hear, especially if it affirms their darkest ambitions and bigotries. I’m certain Putin believes he is smarter and stronger and that may be true but Trump is a walking, steaming pile of shit that does not care who he dirties. He cares only for his personal survival, such as it is.
Toni
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Yes, he’s creating opportunities for himself and current cronies to pick up bargains and to profit off of the pain of others.
barbos
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I just asked Putin. He told me that in his case Russia is not making deals with Trump, Russia is making deals with US government and he knows that US government (regardless of the party) can not be trusted, but not making deals with them is more expensive than making them.
Having Trump to follow through with his promise to stop US agression against Russia has no downside even if is temporary. It is possible that even next democrat regime after Trump will decide to leave Russia alone.
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Toni
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I’m certain the US would be more than happy to leave Russia alone if only Russia would stop declaring other sovereign nations part of Russia or should be part of Russia.
barbos
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Nope, that's not what actually happening.
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Elixir
Made in America
Yeah, well, that's just what they do. That's why they have to get their ass kicked every few decades.
barbos
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Projections again.
They're Kzinti.
Elixir
Made in America
Too much credit.
Jimmy Higgins
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So DJT, a company that is generating less than a million in revenue a quarter is going into Crypto.
It is as if DJT is a make believe company that can print real money and then they do whatever they want. How any of this is legal, I can't fathom.
Also, shares of DJT spiked at $30 right before crashing to $20 and recovering a little, but eventually slipping to a loss of 10%.
Trump is also now to personally benefit in making economic maneuvers that can help increase the value of Bitcoin, regardless how it impacts the US Economy. But personally, it'd be fun to watch Bitcoin correct to $50k.
Where "institutional investors" are "money launderers". So the company liquidated its shares... again... to raise "funds" to put into Bitcoin, which is at an all-time high (also know as maybe a bad time to invest).article said:
It is as if DJT is a make believe company that can print real money and then they do whatever they want. How any of this is legal, I can't fathom.
Also, shares of DJT spiked at $30 right before crashing to $20 and recovering a little, but eventually slipping to a loss of 10%.
Trump is also now to personally benefit in making economic maneuvers that can help increase the value of Bitcoin, regardless how it impacts the US Economy. But personally, it'd be fun to watch Bitcoin correct to $50k.
TV and credit cards
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Would Trump intentionally do what he could to cause a loss of confidence in the US dollar in the interest of driving up the value of Bitcoin?
I can’t imagine. Wait. I just did.
I can’t imagine. Wait. I just did.
Jimmy Higgins
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So one of the issues of when an investment becomes so popular that you can't possible lose money....
From the Q2 quarterly, "As of June 30, 2025, we did not hold any bitcoin." (page 43).
In July, Bitcoin was worth between 105k and 120k. It is currently worth $106k. DJT doesn't seem to actually release much in the way of information. Their investment might be $10 million or up to $200 million. It is almost certainly in the red, by several times more than their revenue.
Reasding through their Q2 docs, they indicate they could use equity and debt financing to purchase Bitcoin. Why this stock isn't below pennies now is an indication of the amount of fraud involved. This stock should make Beyond Meat look like a great long term investment.
DJT release said:
From the Q2 quarterly, "As of June 30, 2025, we did not hold any bitcoin." (page 43).
In July, Bitcoin was worth between 105k and 120k. It is currently worth $106k. DJT doesn't seem to actually release much in the way of information. Their investment might be $10 million or up to $200 million. It is almost certainly in the red, by several times more than their revenue.
Reasding through their Q2 docs, they indicate they could use equity and debt financing to purchase Bitcoin. Why this stock isn't below pennies now is an indication of the amount of fraud involved. This stock should make Beyond Meat look like a great long term investment.