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Do you own ketchup stock?
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DJT down 15% so far today.

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"Go yell at an M&M"
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Re: Do you own ketchup stock? [klehner] [ In reply to ]
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It's be a penny stock by the time he's allowed to sell.

How does Danny Hart sit down with balls that big?
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Re: Do you own ketchup stock? [klehner] [ In reply to ]
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klehner wrote:
DJT down 15% so far today.

It see it only down 1%.

badum tiss. Sorry.

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As of December 31, 2023 and 2022, management had substantial doubt that TMTG will have sufficient funds to meet its liabilities as they fall due, including liabilities related to promissory notes previously issued by TMTG,

That seems to be the statement causing concern. Granted I know very little about the series of mergers and transactions involved, but I'm confused about that. Truth Social is a relatively small, presumably lean, company. They used mostly open source code, aren't that big. (reportedly about 5M users compared to over 3B for FB or something over 200M for Twitter) And I thought the IPO was pretty big - wouldn't the capital raised easily cover outsanding startup debt?

But maybe the issue is that Trump wants all the money for himself, not to capitalize Truth Social, which may be a money-losing operation for the forseeable future?
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Re: Do you own ketchup stock? [trail] [ In reply to ]
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Now down 23% for those who are curious how the dump phase is going.

How does Danny Hart sit down with balls that big?
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Re: Do you own ketchup stock? [BLeP] [ In reply to ]
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BLeP wrote:
Now down 23% for those who are curious how the dump phase is going.

What's the jump-back-in floor for the inevitable dead-cat-bounce rebound?
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Re: Do you own ketchup stock? [klehner] [ In reply to ]
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klehner wrote:
DJT down 15% so far today.

Seems like a banner trump business- $4.1 M in revenue, $58M in costs.

$6.8B valuation, my ass.

Suffer Well.
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Re: Do you own ketchup stock? [trail] [ In reply to ]
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trail wrote:
BLeP wrote:
Now down 23% for those who are curious how the dump phase is going.


What's the jump-back-in floor for the inevitable dead-cat-bounce rebound?

Already happened around 10:30 this morning, when it "bounced" from 52.x to 54.x.

Damn, schadenfreude is strong today...

----------------------------------
"Go yell at an M&M"
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Re: Do you own ketchup stock? [jmh] [ In reply to ]
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jmh wrote:
klehner wrote:
DJT down 15% so far today.


Seems like a banner trump business- $4.1 M in revenue, $58M in costs.

$6.8B valuation, my ass.

The Powerball lottery, currently over $1B, wouldn't cover today's losses in DJT. Now at $5.3B.

----------------------------------
"Go yell at an M&M"
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Re: Do you own ketchup stock? [klehner] [ In reply to ]
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I think that some of the savy investors actually like it because trump's involvement makes it predictable. It makes it easier to know what the end game is for the owners - which is to pump and dump and leave others holding worthless stock. They don't have to wonder if the owners will actually do something to revive it because that has never been the plan. In the end, it will go out of business - probably within a year, if that.

MAGA will lose their investments and still think trump is the greatest businessman ever.
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Re: Do you own ketchup stock? [Rick_pcfl] [ In reply to ]
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I just really hope it is the little MAGA investor that end up being the bag holders here. They really need to feel the pain of their loyalty to this charlatan, and perhaps a pocket book disaster would finally wake them up. The big players of course are playing this as we all knew it would end up, so rich get richer and the emotional marks left holding the proverbial bag..

This really is like a legal fleecing in the old Madoff style, and hopefully Trump ends up with as much as Bernie did at the end. Has he secretly borrowed or sold any of this stock, as in quietly approved by the board???
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Re: Do you own ketchup stock? [monty] [ In reply to ]
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monty wrote:
I just really hope it is the little MAGA investor that end up being the bag holders here. They really need to feel the pain of their loyalty to this charlatan, and perhaps a pocket book disaster would finally wake them up. The big players of course are playing this as we all knew it would end up, so rich get richer and the emotional marks left holding the proverbial bag..

This really is like a legal fleecing in the old Madoff style, and hopefully Trump ends up with as much as Bernie did at the end. Has he secretly borrowed or sold any of this stock, as in quietly approved by the board???

Trump's share of DJT has dropped about $1.3B this morning. It's sort of a shame that people who really can't afford to lose money are likely losing money on this as well, but considering that the same people have flushed hundreds of millions of dollars in "campaign" contributions down the toilet makes me feel less sympathy.

It's a good question whether he has used any of this stock for, say, his bond.

----------------------------------
"Go yell at an M&M"
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Re: Do you own ketchup stock? [monty] [ In reply to ]
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I just really hope it is the little MAGA investor that end up being the bag holders here.


There are three types of people who invested in trump.
1) really rich people - looking to essentially trade money for policy, (prob close to 50% of the value)
2) Trump supporters, (prob close to 10% of the value)
3) wall street bet types who know that trump will be A O.K with shady practices to artificially inflate the business value before in goes belly up. (prob close to 40% of the value).

Almost all of pot 3 is going to leave in the next coupe of weeks. That will leave #1 and 2s left. The #1s are fine with losing 75 cents on the dollar because they are making a policy bet for influence over trump.

Its a meme stock, reddit is down 10% since its IPO. The shares of DJT are going to be around $20 for a while - propped up by #1s.
Last edited by: sosayusall: Apr 1, 24 10:22
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Re: Do you own ketchup stock? [klehner] [ In reply to ]
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Now at $45 And still sliding. Does a dead cat have 9 lives?? If so where is the next life? Did look like low 45 held and is holding for now. but there has to be some more panic to come before end of day, or are the Saudi's, Russians, and MAGA rich now supporting the buy side?
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Re: Do you own ketchup stock? [klehner] [ In reply to ]
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klehner wrote:
monty wrote:
I just really hope it is the little MAGA investor that end up being the bag holders here. They really need to feel the pain of their loyalty to this charlatan, and perhaps a pocket book disaster would finally wake them up. The big players of course are playing this as we all knew it would end up, so rich get richer and the emotional marks left holding the proverbial bag..

This really is like a legal fleecing in the old Madoff style, and hopefully Trump ends up with as much as Bernie did at the end. Has he secretly borrowed or sold any of this stock, as in quietly approved by the board???


Trump's share of DJT has dropped about $1.3B this morning. It's sort of a shame that people who really can't afford to lose money are likely losing money on this as well, but considering that the same people have flushed hundreds of millions of dollars in "campaign" contributions down the toilet makes me feel less sympathy.

It's a good question whether he has used any of this stock for, say, his bond.


He has 79M shares now, with 36M of earn out shares in the future. It was trading at $79.38 a share a couple of days ago, now in the $47 range. Let's call it a three day loss of well over $2.5B, half of which is today.

That's going to leave a mark.

I don't think monty's premise holds water. The little MAGA investor will not blame trump for their loss... they will blame the libtards and crooked financial system of free markets. They will never blame trump.

Suffer Well.
Last edited by: jmh: Apr 1, 24 10:32
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Re: Do you own ketchup stock? [jmh] [ In reply to ]
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I don't think monty's premise holds water. The little MAGA inventor will not blame trump for their loss... they will blame the libtards and crooked financial system of free markets. They will never blame trump. //

You're probably right, unless it gets out that he cashed out somehow well before this and the eventual crashes to come. Its one thing to blame the libs and govt for all his court cases and such, but losing a good amount of your savings has to throw a new wrinkle into this, doesnt it??? I mean it is all bluster and blowhards maybe sliding a few bucks to his campaign, which of course is just gone and not missed. But a nice chunk you plopped down expecting to get big returns on and then losing maybe all of it because you didnt want to be the traitor that sold dear leaders company, that's gonna leave a mark...


Or is it just gonna be like most old people that get scammed, when they find out they just shut up and pretend it didnt happen. Too embarrassed to admit they got taken, and just move on like nothing bad happened at all?
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Re: Do you own ketchup stock? [jmh] [ In reply to ]
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jmh wrote:
klehner wrote:
monty wrote:
I just really hope it is the little MAGA investor that end up being the bag holders here. They really need to feel the pain of their loyalty to this charlatan, and perhaps a pocket book disaster would finally wake them up. The big players of course are playing this as we all knew it would end up, so rich get richer and the emotional marks left holding the proverbial bag..

This really is like a legal fleecing in the old Madoff style, and hopefully Trump ends up with as much as Bernie did at the end. Has he secretly borrowed or sold any of this stock, as in quietly approved by the board???


Trump's share of DJT has dropped about $1.3B this morning. It's sort of a shame that people who really can't afford to lose money are likely losing money on this as well, but considering that the same people have flushed hundreds of millions of dollars in "campaign" contributions down the toilet makes me feel less sympathy.

It's a good question whether he has used any of this stock for, say, his bond.


He has 79M shares now, with 36M of earn out shares in the future. It was trading at $79.38 a share a couple of days ago, now in the $47 range. Let's call it a three day loss of well over $2.5B, half of which is today.

That's going to leave a mark.

I don't think monty's premise holds water. The little MAGA investor will not blame trump for their loss... they will blame the libtards and crooked financial system of free markets. They will never blame trump.

We all know Soros' Deep State Elite Banking Cabal are tanking the stock on purpose to keep Trump off the ballot!
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Re: Do you own ketchup stock? [monty] [ In reply to ]
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monty wrote:
Now at $45 And still sliding. Does a dead cat have 9 lives?? If so where is the next life? Did look like low 45 held and is holding for now. but there has to be some more panic to come before end of day, or are the Saudi's, Russians, and MAGA rich now supporting the buy side?

It seems to have some support around $47. We will see if anyone wants to hold on to the turd overnight.

I'm beginning to think that we are much more fucked than I thought.
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Re: Do you own ketchup stock? [monty] [ In reply to ]
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monty wrote:
I don't think monty's premise holds water. The little MAGA inventor will not blame trump for their loss... they will blame the libtards and crooked financial system of free markets. They will never blame trump. //

You're probably right, unless it gets out that he cashed out somehow well before this and the eventual crashes to come. Its one thing to blame the libs and govt for all his court cases and such, but losing a good amount of your savings has to throw a new wrinkle into this, doesnt it??? I mean it is all bluster and blowhards maybe sliding a few bucks to his campaign, which of course is just gone and not missed. But a nice chunk you plopped down expecting to get big returns on and then losing maybe all of it because you didnt want to be the traitor that sold dear leaders company, that's gonna leave a mark...


Or is it just gonna be like most old people that get scammed, when they find out they just shut up and pretend it didnt happen. Too embarrassed to admit they got taken, and just move on like nothing bad happened at all?

It might throw a new wrinkle into a sane rational person, but you have to consider that they are in a cult.

As far as leaving a mark, they already wear the mark of the stupid with their hats, flags, and t-shirts.

Suffer Well.
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Re: Do you own ketchup stock? [jmh] [ In reply to ]
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This is some crazy sh#t

Take a look at the options....

To buy a $45 put on this for November- it's going to cost $28.

I have never seen anything like that!!!!


I wonder if you can even lay your hands on the stock to short it

Imagine you are the compliance officer for a brokerage firm..

What a nightmare!!
Last edited by: Velocibuddha: Apr 1, 24 12:24
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Re: Do you own ketchup stock? [Velocibuddha] [ In reply to ]
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Velocibuddha wrote:
This is some crazy sh#t

Take a look at the options....

To buy a $45 put on this for November- it's going to cost $28.

I have never seen anything like that!!!!


I wonder if you can even lay your hands on the stock to short it


Imagine you are the compliance officer for a brokerage firm..

What a nightmare!!

I'll bet the answer is no. Fidelity was showing zero for the next couple of days.

But, I would suggest, that DJT, like everything trump, is for suckers.

Suffer Well.
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Re: Do you own ketchup stock? [Rick_pcfl] [ In reply to ]
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Rick_pcfl wrote:
I think that some of the savy investors actually like it because trump's involvement makes it predictable. It makes it easier to know what the end game is for the owners - which is to pump and dump and leave others holding worthless stock. They don't have to wonder if the owners will actually do something to revive it because that has never been the plan. In the end, it will go out of business - probably within a year, if that.

MAGA will lose their investments and still think trump is the greatest businessman ever.

I believe the updated nomenclature is "Trump and dump".
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Re: Do you own ketchup stock? [klehner] [ In reply to ]
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HNZ actually closed up 0.43% today.
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Re: Do you own ketchup stock? [klehner] [ In reply to ]
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I thought this was an April fool's thread and was going to reply "I went w mayo bc people fancy it up and call it aoili." Would someone kindly explain what DJT has to do with ketchup?

maybe she's born with it, maybe it's chlorine
If you're injured and need some sympathy, PM me and I'm very happy to write back.
disclaimer: PhD not MD
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Re: Do you own ketchup stock? [klehner] [ In reply to ]
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Its amazing, that because of your subject line, the Usual Mega crowd have not posted here.

I really wanted to suggest to SDG that this is a good buying opportunity for his wife.

Just Triing
Triathlete since 9:56:39 AM EST Aug 20, 2006.
Be kind English is my 2nd language. My primary language is Dave it's a unique evolution of English.
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Re: Do you own ketchup stock? [Dr. Tigerchik] [ In reply to ]
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It stems from a temper tantrum and ketchup splattered walls after he was told by his AG that the 2020 election was indeed legit.

However, you can always fall back on He thinks he's Putin.

"Trump was incredibly particular about the type of ketchup he ate.


But his strict rules on condiments didn't stem from a Heinz vs. Hunt's preference. Hutchinson explained that the former president only used ketchup from small, unopened, glass Heinz ketchup bottles due to his "very potent fear of being poisoned. He likes to hear his valet or whoever's serving him his meal, he likes to hear the pop [of the lid opening]."


Trump's ketchup preference is one of the former president's many peculiarities around food, drinks, and even non-food items, like his toothbrush. In each instance, his strict rules can be traced back to an underlying fear of an unseen poison attack."
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