Trump Investors ABANDONED As Truth Social Stock Collapses In Real Time

Donald Trump supporters who invested in Truth Social stock get completely blindsided as the Trump Media stock continues to plunge and more shares are announced in a likely financial scheme to solely benefit Trump. John Iadarola and Francesca Fiorentini break it down on The Damage Report.

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"The share price of Trump Media closed trading down more than 18% on Monday after the company disclosed plans that would allow existing investors to exercise stock warrants.

DJT shares closed at $26.61. Trump Media, which created the Truth Social app and trades on the Nasdaq, fell nearly 20% last week.

The company’s dramatic slide came as Donald Trump sat in a Manhattan courtroom for the start of his criminal trial on hush money-related charges. Trump is the majority stakeholder in the company.

Since it began public trading on March 26, Trump Media’s share price has fallen more than 62%, from an opening price of $70.90 that day down to around $27 on Monday."

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#TheDamageReport #JohnIadarola #TheYoungTurks

240415__DR10Stocks

[samuelpage]

I realized that the secret to making a million is saving for a better investment. I always tell myself you don't need that new Maserati or that vacation just yet. That mindset helped me make more money investing. For example last year I invested 80k in stocks and made about 246k, but guess what? I put it all back and traded again and now I'm rounding up close to a million.

[jep]

Hopefully by the time Trump will be permitted to sell his shares it will be a penny stock and get delisted.

[nicktechnubyte]

Any loss for trump and anyone who supports him is a gain for justice and democracy is America and the world 💙🔵

[terrencekane]

Truth Social debuted at $79 per share. Today it's down to $26. Everything he touches turns to shit.

[rustyshackelford]

Couldn't have happened to a more deserving group of people.

[yingyang]

Where is the SEC regarding the “pump and dump?” I see no investigation going on. Sigh

[muleface]

Warrants can be structured to have the same economic outcome as a short sale--they become, in essence, a synthetic short. It is patently illegal for a company or any of its principals to short itself. The SEC needs to be all over this.

[mdamaged]

Trumpers: He's one of us! BUY!
Trump: They bought? Dump it.

[mrkman]

If Trump was President, he would give his company a government bailout.

[nelnav]

I look at it three times a day and laugh my ass off every time 😂😂😂😂

[legitdragon]

"I sink stocks faster than anyone, believe me... people ask me all the time 'wow how do you sink stocks that fast?!', it's unbelievable."

[bevonostro................]

Wow. It is simply amazing that any sane person would buy anything associated with Trump. I mean, that's the same as going to a graveyard to buy your meat...

[donpasulka]

It will be under $13 in the next 30 days.

[MikeW-yktr]

Truth Social if lucky will be a Penny Stock within 5 months. If not so lucky it will go bankrupt within the same time frame!!!!

[michaelstone]

Remember when they are completely broke, we don’t do giveaways to the poor. Enjoy your life living on the streets.

[briarpatch]

closed at 26.62 (18.35% loss), after hours dropped down to 25.90. Let the Pump and Dump lawsuits proceed!

[tinahenriques]

How is this legal, it's like printing money in your basement??

[Combatwhombat]

The fun part is...
If the price is below the warrant target at expiration they're worthless.

[iceberggslim]

This is the guy that added 8.9 trillion to the national debt. And y’all call him a successful businessman

[mrdasbruce]

Couldn't happen to a better group of people. Let him show his supporters and investors who he really is.