Viewing 40 posts - 23,001 through 23,040 (of 23,165 total)
  • Donald! Trump!
  • CountZero
    Full Member

    As Trump Social shares continue to tank, the Orange Shitgibbon is now suing the two other people involved for their shares claiming they were responsible for it not performing as expected.

    You’d have thunk by now that there’d be nobody left in America who’d be prepared to do business with him! You couldn’t trust him to empty chamber pots in case he put scorpions in them!

    Something about dTrumph reminds me of the footage of the sloth climbing out of a jungle septic tank… 🤢

    Trump sues co-founders of Truth Social company in an attempt to seize their shares

    mattyfez
    Full Member

    LoL

    Allegedly the shares were up 6% this morning, but that’s of the back of a 25% fall, so a huge net loss.

    Why would anyone in clear and present mind do business with him? I mean, even if you are a ruthless profit focused investor who shorts markets etc, it’s a toxic investment.. I just don’t get it?

    It’s like a snake eating its own tail…

    mattyfez
    Full Member

    In other news..

    https://apnews.com/article/donald-trump-hush-money-criminal-trial-immunity-0703a3406016cf971fb07c0a211fd38e

    Manhattan Judge Juan M. Merchan declared the request untimely, ruling that Trump’s lawyers had “myriad opportunities” to raise the immunity issue before they finally did so last month, well after a deadline for pretrial motions had already passed.

    The timing of the defense’s March 7 filing “raises real questions about the sincerity and actual purpose of the motion,” Merchan wrote in a six-page decision.

    I mean, how does trump sleep at night with all this going on? has he employed Micheal Jacksons former ‘doctor’ to prescribe him benzos?

    frankconway
    Full Member

    DWAC – or whatever it’s called – finished 5.4% down.

    I don’t think Jack Smith will wait much longer before taking a case to the 11th circuit to get judge cannon booted off the mar-a-lago documents case as her bias is so clear – and his recent statement shows he’s really pissed off with her. If he does, my prediction is the court will replace her.

    Of the various judges in his multiple court cases she is the only one he has not singled out for aggressive and repeated criticism; in fact, he’s praised her – I wonder why?

    leffeboy
    Full Member

    I mean, how does trump sleep at night with all this going on?

    It’s probably the only impressive thing about him.  He seems completely immune to the incredible amount of pressure on him from all directions.

    I had also assumed the shares were being allowed to tank so that other interests could buy them at a super low rate, everyone gets excited and dumps money in again and he sells at an appropriate point. Then repeat

    thisisnotaspoon
    Free Member

    I mean, how does trump sleep at night with all this going on?

    He’s hugely insulated from financial reality.

    The political “career” has been a license to print money for cashflow.  He’s obviously a shit Midas, but a Midas none the less (go on, set up a social media company with a market cap of $6.6billion, it’s only on paper but even the amount he could liquidate is still more money than any of us could ever actually spend in a lifetime of coke and Russian* escorts) .

    Even if he loses every court case financially, at worst that’s less than the value of trump tower (obviously depends how much of that is already leveraged).

    He could probably settle the civil cases, find a few hundred million down the back of a sofa in Mar a Lago and retire to the quiet life if he really wanted to. And I’ll bet you a bottle of the most orange fake tan that none of the criminal cases end in jail time.

    *reference to that kompromat rumour, not his wife.

    futonrivercrossing
    Free Member

    His next move will be to try and fire his legal team, however the judge can deny this.

    11 days Donnie

    nickc
    Full Member

    Paperwork for Trumps $175 bond has been rejected. It’s been returned marked “returned for correction” apparently there may be questions about the Bond Insurance being able to cover that amount

    matt_outandabout
    Full Member

    *shocked Pikachu face again*

    frankconway
    Full Member

    nickc – if that’s correct, I want to give your post 20 ticks  but am limited to just one!

    Does this mean the ‘error’ must be corrected by today’s close else the AG can start to collect OR will the court say it’s an ‘unintentional’ error and allow time to correct OR will it be seen as a deliberate play for more time by deliberately submitting documentation with an error which could and should have been picked up?

    BillOddie
    Full Member

    “Paperwork for Trumps $175 bond has been rejected. It’s been returned marked “returned for correction” apparently there may be questions about the Bond Insurance being able to cover that amount”

    There are also questions whether Hankey’s “Knight Speciality Insurance” is licensed for this type of bond in NY.

    vlad_the_invader
    Full Member

    Why does none of the above surprise me?!?

    bruneep
    Full Member

    oldnpastit
    Full Member

    “Thank you and have a great day.”

    frankconway
    Full Member

    In Georgia subversion case, judge has rejected trump’s free speech/1st amendment argument to have the case tossed.

    I wonder what good news tomorrow will bring?

    Oh hang on, time difference means it’s only early afternoon over there so still plenty of time for more to happen today!

    shinton
    Free Member

    DJT down again today to $42 from a high a few days ago of $79. Came across this gem of a comment on the reddit discussion:
    Yes – basically everyone knows this is a grifty dogshit “social media” company with single-location carwash revenues- so everyone is really just betting the margins on how dogshit a company it is, or more precisely, when will we recognize that fact and how low will it go? I’d say it’s going to $0, but it could easily take 5+ years to get there. This is like trying to value TSLA on its fundamentals vs the aura of Elon- except it’s to the next degree of magnitude. There are more than zero people out there putting their life savings into DJT purely because they love Trump that much. I feel bad for them, to a point. I feel worse for their kids.

    frankconway
    Full Member

    DWAC down 9% today; still 2 hours until market closes.

    thols2
    Full Member

    Seems normal (for Trumpland)

    Police Report: Trump County Chair Threatened To Rape Boss’s Wife, Then Kill Him

    One of Donald Trump’s county campaign chairs in New Hampshire lost his job as a police officer after threatening to kill his colleagues in a shooting spree, murder the department chief and rape the chief’s wife in retaliation for his suspension over his relationship with a high school girl, according to a newly released report from an internal affairs investigation.
    Jonathan Stone, who is currently a second-term state representative, was announced as Trump’s Sullivan County chair by his campaign on June 27, 2023. The coup-attempting former president first came to know Stone during Trump’s 2016 run, when Stone gave him an inscribed AR-15 assault rifle at a campaign stop.

    At that point, it had been a decade since Stone had lost his job with the Claremont Police Department, which agreed to a settlement negotiated by the local police union that kept the investigative records secret. The documents were ordered to be released last week by the New Hampshire Supreme Court in a lawsuit by a local newspaper over Stone’s objections.
    Stone, who opened a gun shop after losing his job as a police officer, did not reply to HuffPost queries.

    Stephen Stepanek, Trump’s New Hampshire campaign chair, said he knew nothing about Stone’s background until seeing news accounts.
    “I just found out about it this morning,” Stepanek said Wednesday. “He’s been a Trump supporter for a long time, and he’s been a state representative, and he had, as far as we were concerned, what looked like a great background.”

    Stepanek said Stone’s future with the campaign has not been determined.
    “We haven’t made any decisions at this point,” he said, adding that he expected the campaign’s top aides at Trump’s South Florida country club would be taking the lead. “I think it will be handled by Mar-a-Lago, in consultation with me.”
    Campaign co-managers Chris LaCivita and Susie Wiles did not respond to HuffPost queries.
    According to the files released last week, the original 2006 investigation was launched to look into allegations that Stone was involved in a relationship with a 16-year-old high school girl. Department officials decided to suspend Stone for five days and ordered him not to contact her anymore.
    Stone, who, according to the files, had already displayed a temper, began telling co-workers about his plans for violence.
    One police co-worker told investigators she had heard Stone make threats to a colleague.
    “That conversation included discussion about backing a truck up to the back door, kicking the door open and going on a shooting spree,” the co-worker said. “While Jon was under investigation for something, he said he was going to tie up the chief, make the chief watch him as he pillages the chief’s wife and children.”
    A department detective told investigators: “I recall Jon saying he was going to go to the chief’s house and rape the chief’s wife, and kids, and shoot the chief.”

    The investigators concluded that Stone should not keep his job.
    “The seriousness of threatening to kill command staff officers, raping the chief’s wife, tying people up and going ‘postal’ are violations at the most serious level. Stone’s conduct goes so far beyond what is expected of a professional police officer that [the] only appropriate resolution is his removal from office,” investigators wrote.
    In 2016, Stone, who by then had opened Black Ops Arms in Claremont, New Hampshire, presented Trump with an AR-15 rifle inscribed with the numbers “1-4-5,” signifying that Trump was his first choice to become the 45th president.
    Stone has remained in Trump’s camp since. Trump named him one of his 14 New Hampshire county and city chairs last June and praised him from the stage during a rally in Claremont five months later.
    It is unclear what came of the assault rifle Stone gave Trump in 2016.
    Trump, who lost New Hampshire in both 2016 and during his 2020 reelection bid, won the state’s primary again three months ago, clearing the way to his third straight Republican presidential nomination despite facing four separate criminal prosecutions.
    Two of those are based on his actions leading up to and on Jan. 6, 2021, when a mob of his followers attacked the U.S. Capitol in an attempt to reinstall him as president.

    A federal indictment could go to trial as early as late August, depending on the timing of a Supreme Court ruling on his claim that he is immune from prosecution. A Georgia state prosecution based on his attempt to overturn his election loss in that state could also start later this year.
    A New York state prosecution on charges that he falsified business records to hide hush money payments in the days before the 2016 election is to begin jury selection on Monday, while a second federal prosecution based on his refusal to turn over secret documents he took with him from the White House to Mar-a-Lago has not yet been set for trial.
    In 2023, a New York jury found that Trump had sexually penetrated writer E. Jean Carroll against her will in an incident in the 1990s, finding him civilly liable for sexual abuse. The federal judge in the case later clarified that Trump’s actions were rape in the “common modern parlance.”

    FuzzyWuzzy
    Full Member

    So annoying that eToro won’t let you short DJT (for now at least)

    futonrivercrossing
    Free Member

    Trial starts on Monday

    dyna-ti
    Full Member

    And I’ll bet you a bottle of the most orange fake tan that none of the criminal cases end in jail time.

    There was another recent story of Joe Lewis, the billionaire owner of Spurs committing insider trading that netted those involved millions of Dollars.

    Sentence – 3 years probation and $5m fine. Zero jail time.

    Net worth 6billion, so $5m is chickenfeed,

    nickc
    Full Member

    Trump’s lawyers on their 3rd desperate attempt to get the trail delayed. so far they’ve tried to get it moved, the judge recused and saying that he can’t turn up as he’s campaigning…Imagine what the phone call from the Don must be like every hour or so giving you a shit-tonne of hassle demanding to know why the trail is still going ahead and you’ve not got him out of jeopardy yet.

    They must know they’re never going to get paid, right? I mean, the last person Trump ever pays is his lawyers.

    thols2
    Full Member

    Birds of a feather

    futonrivercrossing
    Free Member

    Make that the 10 effort to delay the trial !!

    pk13
    Full Member

    You cannot short DJT as even the puts are sold out it’s bigly being held (loaned) by people just waiting to short it but I think it will  be such a fast drop it might get suspended then dumped to 0. I can only hope anyway.

    FuzzyWuzzy
    Full Member

    the last person Trump ever pays is his lawyers

    Apparently Alina Habba’s been paid $3-5m already so a certain type of lawyer can still get paid…

    frankconway
    Full Member

    DWAC share price now $32.75; down 4.4% on the day – and the US market has only been open for less than 2 hours today.

    Donny’s paper profit is bigly falling every day; what’s not to like?

    MSP
    Full Member

    What has happened to his bond after the court nocked it back on its legitimacy? Has that been sorted out or is there another deadline still looming?

    futonrivercrossing
    Free Member

    There’s a hearing on the 25th I think 🤔

    ElShalimo
    Full Member

    Waterworld is on TV this afternoon

    I’ve just realised that Trump has based his style on Dennis Hopper’s character!

    frankconway
    Full Member

    DWAC share price now $26.63, down 18% on the day to date; still 90 minutes until Wall St closes.

    tthew
    Full Member

    They’ve announced a few million more shares, so presumably it’ll get much worse when they are issued and dilute the existing ones further. You’d have to be mad to buy into a new issue but…

    Also changed their rules to let the existing shareholders sell them at will and not wait 6 months according to the radio news.  Didn’t see that one coming.  🙄

    frankconway
    Full Member

    If that change in the rules is correct, trump will cash out immediately –  and in doing so will be saying…see ya,  suckers.

    Kramer
    Free Member

    Anyone know if I can do salary sacrifice to get shares in DJT for my pension? 🤣

    Northwind
    Full Member

    If I understand correctly it’s permission to issue new shares but they’ve not been issued as yet? But obviously the stock price would tank accordingly with the dilution. Bizzarely Trump gets up to 36 million more shares as a “success bonus” if they keep the shares above $17.50, quite something saying that success is only losing 80% of their value.

    I’ve not seen anything confirming the 6 month lockup’s been relaxed though, or if it has, what the terms are, though? It all gets really fun at 0.000001 seconds after they’re allowed to sell, as the algorithms fight to dump before the dumping kills the value, but why would there even be buyers?

    (Genuine ones in volume, I mean- there’s bound to be the few idiots buying the Trump brand from their trailer parks but they can’t afford enough to matter. But nongenuine is where it gets so funky, it’s a terrible investment but a good way to throw money to a bankrupt and cheaply bought presidential candidate…)

    The mad thing is that people can still make money from a company that has all the real world value of a christmas tree seller squatting in an abandoned petrol station. And yes of course that’ll be spun as “business genius” if he gets away with it.

    mattyfez
    Full Member

    Techincal detail aside, what we are seeing here is a real test of the robustnes of the American legal system, at the highest level.

    Trump, like him or loath him, is shaking down the ‘american dream’ to the core.

    So it’s right it should be played out in the highest courts.

    What the outcome of that is, is pretty **** bothersome…but the USA needs to decide if it’s a dicatorship or not.

    willard
    Full Member

    Was talking about this last night with the GF. I genuinely believe it is impossible to hold a fair trial for him if that trial involves a jury. He is _sooooo_ divisive that even a random jury would be split for and against (maybe even despite lying to say they would be impartial), or his lawyers would object to people that either _are_ impartial or seem to be.

    I could see the only people they would agree to would be 12 blue-faced shamen redneck Proud Boys.

    I’d say even a non-jury trial could go against reason/evidence if the judges were as bad as the Republican senators in his impeachment trial.

    nickc
    Full Member

    a real test of the robustnes of the American legal system

    Federal Judges are political appointments in the US system, there’s an argument that their system has bias built in. However I don’t think anyone ever envisioned the system having to sit in judgement of a president (ex or otherwise)

    or his lawyers would object to people that either _are_ impartial or seem to be.

    His lawyers in the trail of his ropey business practices opted for a bench trail partly for this reason. Trump (and the alt-right media)  now spin a lie to say that the trail was somehow a rigged non-jury trail, that it wasn’t somehow his own lawyer’s choice, and that the ‘system’ is rigged against Trump.

    If he’s found not guilty – US justice at its finest, if he’s found guilty – rigged jury, biased judge, deep state persecution of a political opponent. You know how it works.

    kimbers
    Full Member

    If he’s found not guilty – US justice at its finest, if he’s found guilty – rigged jury, biased judge, deep state persecution of a political opponent. You know how it works.

    100% This

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