#Meta $META down 14% overnight. I see a large "nib" in the 5 year chart during 2022 that may force a retest of 52 week lows @$207 USD per share. #facebook #premarket #investing #zuck
#Tesla’s Profit Fell 55%, Adding to Concerns About Its Strategy
The first-quarter results will very likely fuel worries that competitors will continue grabbing a bigger slice of a #market dealing with slowing #ElectricCar sales.
"Truth Social has lots of company: “More than one-fifth of the nearly 500 SPAC deals that have closed since 2019 are trading below $1 each, representing a greater than 90% plunge. $DJT"
-Tim O'Brien
"Trump Media Spirals as 37% Dive From Debut Close Erases Billions. DJT has struggled to retain the attention of retail traders. Paper windfall for Donald Trump drops by $1.6 billion in weeks. #TFG
I don't like to get ahead of myself on #economic predictions but the #waves tell me the #UnitedStates is in the beginning of a multi-year #super#cycle that could extend to a decade with the correct policy positions and a bit of luck.
Circumstances change but the US economy continues to defy the petulance from the #recession world. #investing
I'd like to remind everyone that since 2020 #russia #china #iran
Have used every moment to throw shit at the #UnitedStates#economy with the result being exactly opposite of what they intended.
In fact, one could argue the #Communist and #jihad nations have only shot themselves on 5th avenue. #trump #investing
If Truth Social was loosing cash so rapidly, how could Trump keep it afloat up until the recent IPO? According to the Guardian, by borrowing millions from a Russian shell company controlled by Postolnikov — a guy whose name is listed on FBI search warrants in an ongoing money laundering investigation.
If all of this is true, the movie about the takedown Comrade Trump appears to write itself.
@randahl
I've been following this shitshow for quite a while now. I never believed the merger would actually happen until it did, and I still think the SEC never should have given the green light for it.
I wrote about the link between TMTG and Paxum Bank back in October 2023:
"In 2022, the Southern District of New York investigated TMTG for money laundering, after finding it received a $8 million in loans: $2 million from Paxum Bank, based in Dominica and chartered under the Offshore Banking Act No. 8 of 1996. Paxum is partially owned by a former Russian government official who now runs a maritime agency under the jurisdiction of the Ministry of Transport of the Russian Federation. The other $6 million came from “ES Family Trust” which shared a director with Paxum."
Decided to get back into stocks today after cashing out a couple years ago. I did well buying a bunch of oil company shares when the price of oil collapsed right at the beginning of the pandemic and selling a couple years ago.
So I'm playing now just getting back into a conservative portfolio with ETF's. Just NDAQ, SPY, and NANC. Now NANC is interesting as it tracks the trades of some of the top democrats in congress who have outperformed markets.
Please ignore the man behind the curtain claiming "Trump is about to get $3 billion richer after deal is approved to take his company public."
"SEC filings indicate Trump Media’s revenue amounted to just $1.1 million during the third quarter. The company posted a loss of $26 million that quarter."
"Not only that, but Truth Social appears to be shrinking. The number of Truth Social’s US monthly active users on iOS and Android is down 39% year-over-year."
As soon as the 6-month lock-up period is done and founders can finally cash out their shares, there will be a race to the exits.
#OrangeMussolini used his initials as the stock ticker. I just can't wait to share the graph showing DJT stock in freefall. You can't make this shit up.