127 points
*

Chapter 11 is Donny’s favorite number:

Taj Mahal, Trump University/Castle/Shuttle/Steaks/Vodka/Ice/Magazine, and now Trump Media.

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32 points

He’s just gonna dump the stock and make out like bank leaving the rest to flounder.

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7 points
*

I think there’s a lock out period for him following the merger but I don’t know for how long. There’s still time for the stock (DJT) to plummet, with any luck.

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18 points

6 months. From April I think, so that would mean he can sell in October.

The share price is absurd. Idiots buying because they want to support trump somehow. The shares are worthless but hapless idiots will pay stupid prices for them.

He will start selling as soon as he can. I expect there will be a steady downward trajectory but who knows how fast and how low.

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2 points

It was a few months, but I think it’s about to expire.

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17 points

Wow, you actually read Art of the Deal ?

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11 points

I think he keeps bankrupting his companies so that he can update the list of his businesses in the book, creating new editions every few years. If you have an old copy, just burn it because the new ones are so much better with the newest info. In fact, after burning the old one, wait a bit for the new one to drop. He’s clearly getting ready to update the new one with DWAC and Trump Media.

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2 points

Even Trump never read that piece of shit.

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13 points
*

Excuse me! Trump Vodka, the world’s finest super premium Vodka, still exists in Israel!

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10 points

It’s so fitting. Vodka is the cheapest alcohol you can make. It’s basically watered down ethanol. Overpriced vodka is so on-brand for a Trump. And he still couldn’t make a profit.

I wonder why it still exists in Israel. I bet he sold the rights to it there and has nothing to do with the business.

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61 points
*

You mean advertisers aren’t climbing all over themselves to buy spots on it? Maybe the new streaming service will save the day.

/s

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56 points

He could try suing companies for not running ads. It seems to be working for Elon.

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8 points

I’d heard that he was going to do that, but is he and it’s working!?

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16 points

Depends on how you define “working”.

He managed to kill a non-profit that advised not advertising on Xitter because it’s a racist shithole. I don’t think it’s gonna bring back any advertisers, but with the help of a pet Texas judge he’s SLAPP suing his detractors out of existence.

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3 points
*

He just filed the lawsuit in the last few days. Too early to tell if it’s working, but many legal experts are laughing at it.

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49 points

doesnt he have a 450m bill due soon?

e. just checked, not til after an appeal in sept.

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11 points

The one he owes the lady that sued his balls off? Or the Russians?

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16 points

this is the whole ‘i lied about everything i own in new york’ thing

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8 points

Oh, shit, forgot about that one too. He’s so screwed and so deserving of it.

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3 points

that one he has to put the cash up in escrow before he can appeal.

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23 points

Iirc they only brought in like 300k in revenue. Somebody fact check me but it was definitely between 300k-400k in revenue. So that net loss is fucking insane.

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19 points

It in the article

Trump Media, which owns the Truth Social app often used by the former president, also reported revenue of just $836,900 for the quarter ending June 30, a 30% drop from the same period in 2023

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13 points

800k. I was a bit off

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-8 points
*

If the numbers are content. That’s about 3.2 million in revenue and 64 million loss per year.

While people want to clap over that. Many companies are not profitable their first few years.

I work for a tech company. We are well known, bring in billions but one made a profit once or twice in twenty years.

Prior company the same.

It’s amazing that you can bring in billions and still not make a dime

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16 points

Another example of his awesome business skills that he’ll be able to transfer to running the government. \s

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