quote:

Trump Media, which began being publicly traded last week, is now far and away the most expensive stock to sell short, according to S3 Partners, a leading financial data marketplace platform.

Investors who wanted to borrow Trump Media shares to sell them short on Wednesday would have had to pay financing costs of between 750% and 900% of the price of the stock annually, said Ihor Dusaniwsky, managing director of predictive analytics at S3 Partners.

quote:

Originally posted by jdollar:
It’s amazing that the usual Trump shills are strangely silent concerning his “fund raising “ efforts. Must be embarrassing to be associated with an immoral scam artist.

quote:

Originally posted by P. Jilek:
Didn't buy it, and I know very little about it. Just wondering how many of you here were smart enough to sell it short? Sounds some of you had it figured out from the start. Did you put your money where your mouth is?

quote:

Originally posted by ANTELOPEDUNDEE:
Millions should each buy ONE share.

quote:

Originally posted by jeffeosso:

quote:

Originally posted by ANTELOPEDUNDEE:
Millions should each buy ONE share.

tell us you've never bought stocks without telling us you've never bought stocks

btw, glad it's tanking - can you imagine if taylor swift did a hostile takeover? the memes would be legendary

quote:

Originally posted by ANTELOPEDUNDEE:

quote:

Originally posted by jeffeosso:

quote:

Originally posted by ANTELOPEDUNDEE:
Millions should each buy ONE share.

tell us you've never bought stocks without telling us you've never bought stocks

btw, glad it's tanking - can you imagine if taylor swift did a hostile takeover? the memes would be legendary

Buying one share entitles you to the same rights and privileges as those who own millions of shares. The purpose is to harass the company. What would it cost them to mail out millions of copies of annual reports, etc. and so on and so forth? An old employer once commented about people owning one share of his company's stock just so the could harass the company.

quote:

Originally posted by ANTELOPEDUNDEE:

quote:

Originally posted by jeffeosso:

quote:

Originally posted by ANTELOPEDUNDEE:
Millions should each buy ONE share.

tell us you've never bought stocks without telling us you've never bought stocks

btw, glad it's tanking - can you imagine if taylor swift did a hostile takeover? the memes would be legendary

Buying one share entitles you to the same rights and privileges as those who own millions of shares. The purpose is to harass the company. What would it cost them to mail out millions of copies of annual reports, etc. and so on and so forth? An old employer once commented about people owning one share of his company's stock just so the could harass the company.

quote:

Originally posted by jeffeosso:

quote:

Originally posted by ANTELOPEDUNDEE:

quote:

Originally posted by jeffeosso:

quote:

Originally posted by ANTELOPEDUNDEE:
Millions should each buy ONE share.

tell us you've never bought stocks without telling us you've never bought stocks

btw, glad it's tanking - can you imagine if taylor swift did a hostile takeover? the memes would be legendary

Buying one share entitles you to the same rights and privileges as those who own millions of shares. The purpose is to harass the company. What would it cost them to mail out millions of copies of annual reports, etc. and so on and so forth? An old employer once commented about people owning one share of his company's stock just so the could harass the company.

YEP .you are correct, this is lumped together in a term of "minority shareholder rights"-- if you buy ONE share of a certain class of stock, you get "exactly" the same "rights" as "millions of shares" - you get to vote exactly your amount of shares, oh, and get an email, with either a link to the report (annual, quarterly, SEC forms) , a link to secure portal, or even attached to the email - it takes zero seconds, as your brokerage provides your details electronically to another system, which no human reviews (there are exceptions, but that's handled by systems as well, except reviewing reports from data mining), and they don't mail out physical reports anymore -- and these reports are public, - unless you are on some form of a dividend program, where you get a link to a portal.

back in the day, there used to be stockholder discounts, from time to time, which all changed to certain specific class(es) of stocks, excluding common stock in most cases, though it's technically still an available inducement.

i do think a taytay takeover of truth social would be amazing!

quote:

Originally posted by Jefffive:
Down almost $4 so far today, 14%.

quote:

Originally posted by ANTELOPEDUNDEE:

quote:

Originally posted by Jefffive:
Down almost $4 so far today, 14%.

The trial effect.

Under $10 the verdict effect.

quote:

Originally posted by ANTELOPEDUNDEE:
https://finance.yahoo.com/news...hares-130049015.html

We'll see if some foreigners are willing to bail him out. I understand that the donald got his shares at no cost. Is that true?

quote:

Originally posted by Jefffive:

quote:

Originally posted by ANTELOPEDUNDEE:
https://finance.yahoo.com/news...hares-130049015.html

We'll see if some foreigners are willing to bail him out. I understand that the donald got his shares at no cost. Is that true?

As I understand it, yes, but he can't sell for 6 months.

quote:

Originally posted by ANTELOPEDUNDEE:

quote:

Originally posted by Jefffive:

quote:

Originally posted by ANTELOPEDUNDEE:
https://finance.yahoo.com/news...hares-130049015.html

We'll see if some foreigners are willing to bail him out. I understand that the donald got his shares at no cost. Is that true?

As I understand it, yes, but he can't sell for 6 months.

Can he sell new shares earlier?

quote:

Originally posted by nute:
He is in a unique position here, he is running for the president and can boost the use of Truth Social or whatever its called by using that as his primary way of communicating during the run up to the election.

Im not sure how that will generate income for the platform though.

He never misses a chance to cap in, a bit like charging the secret service to use golf carts and accommodation.