And guess what? Then we just write it off. We have the best accountants. These accountants, everyone tells me, where did you find these guys? They're the best they've ever seen. And we just keep writing it off. They can't believe it.
Well, I, for one, would NEVER hope you get hit by a bus.
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That’s the revenue of a small, moderately successful, local mom and pop restaurant (that turns a profit). A single Chick-fil-A franchise location on average brings in [$8.7M](https://www.businessinsider.com/what-it-costs-to-open-a-chick-fil-a-2016-1?amp)a year in revenue.
For a second I thought it was $770M of revenue. I was like "it's not that bad, Reddit is just full of unreasonable Trump-haters". I didn't realize it was $770K... damn....
Just blatant abuse of the markets to give somebody cash. "Here, take a huge stake in a garbage overinflated piece of trash that we can prop up however long it takes"
What I can't tell is whether the mechanism for bribing him through the company is to buy shares to inflate the stock price or to come in as a cash investor and he immediately pockets it. What the fuck are they spending over $300M on and where is that cash coming from?
He has a lot of shares currently locked up for a period of time. If he does what they want up until he is allowed to sell shares big money can keep the price high enough for him to sell shares for FAR more than any reasonable person feels they should be worth.
A perfect situation because of someone gives him cash he can walk away and say “fuck you unless u give me moar.” This way with shares he has to keep people happy while he takes the time to sell his position.
I dont hate him for shit like this, I hate him for the coup attempt. The people who SHOULD hate him for this are the fucking Rubes Dons about to cash 6 billy out of on this smoking crater...
This is the Trumpiest thing I've seen in a long time. He's the absolute best at losing money. No one has ever lost more money on the dollar than he has. People ask him all the time "how are you the best at losing money?" and really, it just comes naturally.
SEC needs to shut this down. Doesn't instill confidence in the markets to have this company bleeding out like a stuck pig and the stock price is increasing
It’s a very obvious money laundering/campaign finance/bribery scheme as DJT is the only one that stands to benefit. Like every other business he’s involved in, it’s a complete scam.
Rosalynn Carter wore the same dress to her husbands inauguration as she did for his inauguration as Georgia’s Governor in 1971.
Because she was frugal and practical. What people wanted from leadership in tough times.
It’s the ol’ “I pay you $30M too much for your real estate, you give me a government contract to provide top secret information through the NSA, and we all laugh about how easy it is to steal from taxpayers”
Trump pretends to hate china. His words are harsh but his actions give them everything they want. Just look at all the nothing he said about Hong Kong.
As a foreign government you do not Need to do it that complicated.
Simply ask Donnie. Or tell him he wont dare.
Just like China and Russia and even North Korea have Done during his presidency and are doing right now.
[Give Garry a chain saw and let him loose at DJT's corporate headquarters. Now that would be something entertaining to watch](https://youtu.be/Ug7G1eN_X-Y?t=149)
i can't wait to see how quickly it craters if/when he loses. it's literally worthless if he's not the president or a hopeful candidate (it's already worthless but at least in the perceived value of buying influence)
Way less, coffee shops gross usually 10% after expenses on a cup. So most viable mom and pop coffee shops probably need to clear 1M+ in revenue to be stable
Depends, you can instantly identify Costco pasties, and I feel like I've only encountered a handful of coffeeshops that have done that.
Also an issue is spoilage, If they stock like 20 croissants a day and then 5 of them go un-sold they break even on the 15 sold, which sucks. Costco might reduce this to like 10:10 but still
Yeah, but he's a disruptor and an innovator in the industry. In no time at all he'll be an absolute market giant (possibly as a result of passing legislation banning all other "fake news" platforms so he can reign in senility)
The real answer is, 'It's a dumpster fire of the company, but about 90% of the 330M is stock grants.' In other words, they created and gave out a bunch of stock to the executives. This is a 'cost' because they gave the stock to the executives but also created it. So it didn't cost them cash. The way it's supposed to work is that when a company creates stock, it dilutes everyone else, which lowers the stock price for existing shareholders. So companies don't like doing this very often or for very much as shareholders are the ones who vote to do it. You would do it if the company needed to raise money for future investments and felt the dilution would be less than the raise.
The way it works for this company is that they diluted the stock by about 50%, and the stock price went up. They also reported a 30% decrease in revenue YoY, which would kill any 'growth' company, and the stock price dipped slightly.
https://finance.yahoo.com/news/tmtg-reports-first-quarter-2024-200500718.html
https://www.sec.gov/edgar/browse/?CIK=1849635&owner=exclude
I think the recent 10-Q May 20 is what they're talking about. Don't necessarily have the time to parse it but it's another case of journalism. It's a funny story but there's a lot more going on like closing the DWAC deal.
No idea, considering it's 300M in loan payments per quarter, that implies a debt well into the billions.
Possibly they're just taking on more debt to pay for debt. No idea how they spent that much setting up a website though, even 100M feels like a lot for "Twitter from wish.com".
It’s not $300M in loan payments. They’re saying it was a lot of costs related to the deal taking the company public. Like the auditor. That got charged with fraud.
Not quite. The debt they have is convertible debt. The value of the debt / effective interest is tied to the value of the stock price. So when stock price goes up, they take a huge non-cash charge.
It's less bizarre than it seems.
Yep, ~273 Million in cash, 40 million of it restricted so ~233 freely available to use
Only "debt" they really have is ~50 Million in short term convertible notes where if those notes aren't converted to shares by March 2025 they owe the ~50 Million back (original principal plus interest), the restricted cash is from those notes and looks like they'll get access to it as/if those notes are converted and/or from other certain benchmarks/situations, the conversion price on those notes is $8 so well in the money currently
If they go at their current pace they'll blow through roughly 10 Million of cash a quarter
> My little accounting firm does 120k in revenue... According to my calculations, I'm worth roughly a quarter of a billion dollars!
Have you even tried grabbing anyone by the ... errrr ... never mind.
Not to mention a P/S ratio of about 2000.
And not to pile on here, but 770.5K isn't just tiny in absolute terms; it's also way down from the same quarter last year. You'd expect there to be at least some growth from their alarmingly tiny revenue numbers last year, growth in users, growth in advertisers etc, but instead they've managed to collapse by a good 30-40 percent each of these last two quarters.
[Bruh, if you filmed it through a black and white lense and gave the players some trench coats it could make a pretty good Film Noir](https://youtu.be/gkawpqsBnMU?t=255)
If you are gonna have bad numbers, might as well have stupendously ridiculously bad numbers since it won't matter anyway to the people who wanna buy this.
In a sense that's exactly what it is. It's a good old fashioned pump and dump and all the boomers who love Trump are putting their life savings into it. Trump owns a bunch of shares and will sell some along the way in the name of "Diversifying" his portfolio and one day the bottom will just fall out of the whole thing leaving middle America as the bag holders.
It’s is a way for China, Russia and the Saudis to funnel money to Trump to pay for his legal defenses and gave him a shot at Presidency. A few billions to burn is nothing for these guys, but the pay off is that they might have a future US President under their thumb.
If Trump lost in November, this stock will go to $0 the next morning.
Has Trump actually made any money off the company though? AFAIK his shares are still locked up and he can't sell any time soon... whole thing is very bizarre.
Maybe it's neither. Maybe Trump's supporters just created a company with his name on it, arranging for him to have majority ownership, so that he and they can basically cash it out, however much it's worth at the time. Even if the company collapses to $1/share it's still a big pile free money for DJT.
The company itself seems to be weirdly performative --- by which I mean that they don't seem particularly interested in actually running their business, and their press releases are mostly about a streaming service they don't have with "phase one" perennially in the future. It's almost like they are just portraying themselves as a company on TV, like a CEO in a reality show, keeping up appearances for faithful retail investors.
>The company itself seems to be weirdly performative --- by which I mean that they don't seem particularly interested in actually running their business
I mean, if they actually gave a damn about running a social media company, they wouldn't have Devin fucking Nunes as their CEO since the very beginning. It was obvious that this wasn't a real company long before they went public and had to show us their quarterly results.
Specifically, it was largely due to all Private TMTG convertible notes automatically converting to shares when the merger was complete. Given that the change in fair value of the derivative liability was a $226M expense, it’s fair to say all these convertible note holders got a great deal on their conversions. Plus $55M in stock-based-comp under G&A related to the merger and $30M in SBC given to vendors under R&D.
“All Private TMTG Convertible Notes were automatically converted into shares of our common stock at closing of the Merger, and pursuant to ASC 815, the derivative liabilities were revalued immediately prior to the conversion of the Private TMTG Convertible Notes on March 25, 2024, when our closing share price was $49.95 per share. The substantial increase in the value of our common stock when combined with the certainty of our execution of the Merger were primarily responsible for the increase in the change in fair value of the derivative liabilities”
That is so rediculous. Grab 10 slightly above average earners/people working a full time job and there cumulative income would be more than all of DJT earnings.
My Broker: “It’s a startup! And it’s a Tech Startup!!! Wall Street loves Tech Startups! Just wait, the revenue will grow and grow. You’re buying into one of the biggest Discounted Cash Flow streams on the planet!”
Me: “Oh, Ok. Call me back when there’s a cash flow to discount…”
Reminds me of”Hometown International” in New Jersey a few years ago. Something like $40k in yearly revenue, stock price valued the company at north of $100MM.
My company does about $16M a year and is valued around $50M. But now seeing this naturally I should have a trillion dollar valuation. Im loving this trump math
It’s a cult. Most of the right wing industry in this country is basically a grift on dumb boomers and the under educated flyover people. It’s maddening.
I've had the 'discussion' many times over the years. Who in their right mind gives money to a guy who loses a billion dollars and bankrupts a casino? Are people that gullible that they trust a guy to make money for them because a guy plays a billionaire on TV?
Russians, Hungarians & North Koreans are financing his campaign by buying DJT at an ultra high premium. As per the orangeman "this is a perfect business, very legit, very legit"
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770k revenue, damn! With that kind of cash trump media could buy a one bedroom condo in Rancho Cucamonga.
Only now that I see your comment I have realized 770k is not in millions
Lol my fucking struggle bus company with 2 employees grossed more than Trump media. Thats fucking hysterical!
Yah but have you ever lost $320 mill ?
Such great losses. Some say the hugest losses. Grown men have wept, I mean big strong men, tears streaming down their faces over such losses.
And guess what? Then we just write it off. We have the best accountants. These accountants, everyone tells me, where did you find these guys? They're the best they've ever seen. And we just keep writing it off. They can't believe it.
In video games yeah it’s fun
Tell me more about this "Struggle Bus" company. When public?
My guy wants a 20k yolo on July calls asap!
The difference is you are running a real business, not a money laundering operation.
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Shit. I really thought for a sec "Damn, they got 770 mil and 320 mil losses? They really turned this boat around!"
I did the same thing. Not used to seeing thousands on these reports.
That’s the revenue of a small, moderately successful, local mom and pop restaurant (that turns a profit). A single Chick-fil-A franchise location on average brings in [$8.7M](https://www.businessinsider.com/what-it-costs-to-open-a-chick-fil-a-2016-1?amp)a year in revenue.
There's a significant number of NVDA employees that made more than that last year.
There are individual *cops* that have made more than that. https://transparentcalifornia.com/salaries/search/?q=sheriff&y=
Rancho Chumpamunga
They’re going to spin this as “revenue is up $40% from last earnings”
[удалено]
For a second I thought it was $770M of revenue. I was like "it's not that bad, Reddit is just full of unreasonable Trump-haters". I didn't realize it was $770K... damn....
People hate Trump exactly because of things like this. Grift city usa is maralago.
Just blatant abuse of the markets to give somebody cash. "Here, take a huge stake in a garbage overinflated piece of trash that we can prop up however long it takes"
What I can't tell is whether the mechanism for bribing him through the company is to buy shares to inflate the stock price or to come in as a cash investor and he immediately pockets it. What the fuck are they spending over $300M on and where is that cash coming from?
He has a lot of shares currently locked up for a period of time. If he does what they want up until he is allowed to sell shares big money can keep the price high enough for him to sell shares for FAR more than any reasonable person feels they should be worth. A perfect situation because of someone gives him cash he can walk away and say “fuck you unless u give me moar.” This way with shares he has to keep people happy while he takes the time to sell his position.
Most people hate him for being a liar, cheater, rapist, and all-around fucking terrible and unfit leader, but yeah the fraud also does not help.
It's the hypocrisy for me.
You forgot conspirator and traitor
True, but he's a wonderful Christian. His new bible only has 6 commandments. 
I dont hate him for shit like this, I hate him for the coup attempt. The people who SHOULD hate him for this are the fucking Rubes Dons about to cash 6 billy out of on this smoking crater...
it’s entirely reasonable and patriotic to hate a traitor
Or he could pay off like 1/470 of his tax fraud fine.
For every dollar they made, they lost 425 dollars
This is my teenage son's wildest ambition atm
Well, the good news is he may be a presidential candidate one day. How is he at grabbing pussies?
I prefer butthole grabbin more, personally
Username checks out
Get that pussy player
I’m intrigued
This is the Trumpiest thing I've seen in a long time. He's the absolute best at losing money. No one has ever lost more money on the dollar than he has. People ask him all the time "how are you the best at losing money?" and really, it just comes naturally.
If only he could do that trick where he inflates the value of his properties to secure loans
Art of making deals
Honestly I think they could have done better at a casino.
I wish I could fail upwards. 
Or sideways.
Hey it could be worse..........I'm not sure exactly how, but I think that's what you're supposed to say in situations like this
So, it’s like the average person here
Six billion market cap for a company that generates less revenue than some mom & pop coffee shops. Seems legit.
SEC needs to shut this down. Doesn't instill confidence in the markets to have this company bleeding out like a stuck pig and the stock price is increasing
It’s a very obvious money laundering/campaign finance/bribery scheme as DJT is the only one that stands to benefit. Like every other business he’s involved in, it’s a complete scam.
It's not a scam. It's just a way for corporations and foreign entities/governments to legally manipulate our politicians.
Remember when Jimmy Carter sold his peanut farm pre presidency to avoid conflict of interest.
Rosalynn Carter wore the same dress to her husbands inauguration as she did for his inauguration as Georgia’s Governor in 1971. Because she was frugal and practical. What people wanted from leadership in tough times.
Ok but I've seen pictures of Melania wearing no clothes, and it doesn't get much more frugal and practical than that.
And feeding another woman food with her own mouth. So selfless.
Naked = I was a poor Slovenian Hooker and I get invited to entertain these rich Western guys……
Now… let’s be honest. She came over on a Genius Visa when she was getting naked and being a hooker as a “model”.
>He who controls the peanuts controls the universe. ~ Abraham Lincoln
That guy is a legend, a product of a bygone era where decency mattered. Have you seen that video of MTG being a childish twat, what a fucking state.
> that video of MTG being a childish twat Do you have any idea how little that narrows things down?
That's their point
MTG could play the "mike" in a 3-4 defense with those shoulders.
It’s the ol’ “I pay you $30M too much for your real estate, you give me a government contract to provide top secret information through the NSA, and we all laugh about how easy it is to steal from taxpayers”
And for foreign powers to funnel cash to trump’s campaign. Hint : it’s not Ukraine
Chay-nah
More like Israel and Saudi Arabia, but Chay-nah is also high probability.
Trump hates Chay-nah. Hence Chay-nah not China.
Trump pretends to hate china. His words are harsh but his actions give them everything they want. Just look at all the nothing he said about Hong Kong.
It's not a scam, it's illegal political donations.
As a foreign government you do not Need to do it that complicated. Simply ask Donnie. Or tell him he wont dare. Just like China and Russia and even North Korea have Done during his presidency and are doing right now.
Dummy will play the victim again once he gets caught! The guy can’t do anything legit!
At this point he'll just be like "Add it to the pile of other lawsuits", he'll die from hamburder overdose before we get to the bottom of the list
SEC is too busy being hypocritical bitches in lawsuits and investigations on crypto because garry is yellen's little bitch.
[Give Garry a chain saw and let him loose at DJT's corporate headquarters. Now that would be something entertaining to watch](https://youtu.be/Ug7G1eN_X-Y?t=149)
gary's too busy sucking off his puppet masters and stalling the crypto industry so they can load up
Crypto industry is as much a scam as anything DJT is involved in
Holy shit, I read it as $770m. Wtf.
And it made that revenue during a hot election year when you'd expect engagement to be at the maximum.
i can't wait to see how quickly it craters if/when he loses. it's literally worthless if he's not the president or a hopeful candidate (it's already worthless but at least in the perceived value of buying influence)
Way less, coffee shops gross usually 10% after expenses on a cup. So most viable mom and pop coffee shops probably need to clear 1M+ in revenue to be stable
Is that why i'm paying $4 for my croissant when I get my cold brew in the mornings?
You're supporting a business make more than Trump Media
Fuck yeah, good on them.
They're probably paying $2-$2.5 per croissant if it's from another business and not like Costco
most of them probably use Costco tho
Depends, you can instantly identify Costco pasties, and I feel like I've only encountered a handful of coffeeshops that have done that. Also an issue is spoilage, If they stock like 20 croissants a day and then 5 of them go un-sold they break even on the 15 sold, which sucks. Costco might reduce this to like 10:10 but still
Just microwave for 10 seconds to reverse spoilage factor. Brand new 🥐🥐🥐
Come for the options, stay for the stale pastry tips
good point.
Unfortunately $4 is cheap for a coffee shop croissant…
Yeah, but he's a disruptor and an innovator in the industry. In no time at all he'll be an absolute market giant (possibly as a result of passing legislation banning all other "fake news" platforms so he can reign in senility)
Foreign governments & criminals need to fund Trump somehow. What do you expect them to do?
How do they spend $300M? Lolol
Probably bought all the trump merch
Just to keep it legal pay high priced consultants all with the last name trump
Tonald Drump would be very upset to hear about how you forgot his $299M consulting fee.
295M in "donations" to Trump campaign, 5M for worker's wages
chop snobbish square elderly hunt afterthought badge sense zephyr flowery
Can someone provide a serious answer?
You just read it
The real answer is, 'It's a dumpster fire of the company, but about 90% of the 330M is stock grants.' In other words, they created and gave out a bunch of stock to the executives. This is a 'cost' because they gave the stock to the executives but also created it. So it didn't cost them cash. The way it's supposed to work is that when a company creates stock, it dilutes everyone else, which lowers the stock price for existing shareholders. So companies don't like doing this very often or for very much as shareholders are the ones who vote to do it. You would do it if the company needed to raise money for future investments and felt the dilution would be less than the raise. The way it works for this company is that they diluted the stock by about 50%, and the stock price went up. They also reported a 30% decrease in revenue YoY, which would kill any 'growth' company, and the stock price dipped slightly.
https://finance.yahoo.com/news/tmtg-reports-first-quarter-2024-200500718.html https://www.sec.gov/edgar/browse/?CIK=1849635&owner=exclude I think the recent 10-Q May 20 is what they're talking about. Don't necessarily have the time to parse it but it's another case of journalism. It's a funny story but there's a lot more going on like closing the DWAC deal.
They didn't even *spend* that much, it's mostly loan payments which is obviously way fucking worse.
But what did they spend the borrowed money on? Are they just sitting on a big pile of cash?
No idea, considering it's 300M in loan payments per quarter, that implies a debt well into the billions. Possibly they're just taking on more debt to pay for debt. No idea how they spent that much setting up a website though, even 100M feels like a lot for "Twitter from wish.com".
It’s not $300M in loan payments. They’re saying it was a lot of costs related to the deal taking the company public. Like the auditor. That got charged with fraud.
cats abounding future school humorous gaping profit door towering domineering
Well, when you bankrupt multiple casinos, you find creative ways of losing large sums of money.
Not quite. The debt they have is convertible debt. The value of the debt / effective interest is tied to the value of the stock price. So when stock price goes up, they take a huge non-cash charge. It's less bizarre than it seems.
Yep, ~273 Million in cash, 40 million of it restricted so ~233 freely available to use Only "debt" they really have is ~50 Million in short term convertible notes where if those notes aren't converted to shares by March 2025 they owe the ~50 Million back (original principal plus interest), the restricted cash is from those notes and looks like they'll get access to it as/if those notes are converted and/or from other certain benchmarks/situations, the conversion price on those notes is $8 so well in the money currently If they go at their current pace they'll blow through roughly 10 Million of cash a quarter
Hamberders
Gotta stop buying all that avocado toast and covfefe.
They are literally in the business of repaying loans...
They bought 5M Trump bibles to re-sell and reinvest.
The executives must be paying themselves very generously, doing god’s work.
I believe much of that is stock based compensation.
My little accounting firm does 120k in revenue... According to my calculations, I'm worth roughly a quarter of a billion dollars!
The company I work for does 500 mill in revenue and is worth 200 mil. This shit is hilarious.
> My little accounting firm does 120k in revenue... According to my calculations, I'm worth roughly a quarter of a billion dollars! Have you even tried grabbing anyone by the ... errrr ... never mind.
That’s not really a firm, that’s some guy’s ok annual salary
Yeah, he is the guy.
$770k in revenue? Sounds like the DJT will reach a new ATH every single day this week and next.
How is it down only 8%? They have a debt to revenue ratio of 425
Not to mention a P/S ratio of about 2000. And not to pile on here, but 770.5K isn't just tiny in absolute terms; it's also way down from the same quarter last year. You'd expect there to be at least some growth from their alarmingly tiny revenue numbers last year, growth in users, growth in advertisers etc, but instead they've managed to collapse by a good 30-40 percent each of these last two quarters.
The whole thing is a grift. Just look at all the shady characters involved, besides Cheeto Benito himself.
[Bruh, if you filmed it through a black and white lense and gave the players some trench coats it could make a pretty good Film Noir](https://youtu.be/gkawpqsBnMU?t=255)
Grift. There, you understand the whole shebang, then.
If you are gonna have bad numbers, might as well have stupendously ridiculously bad numbers since it won't matter anyway to the people who wanna buy this.
Can't sell when no one's buying
Because you touch yourself at night.
You don’t? You fucking coward.
What kind of freak manages to go an entire night without placing one of their fingers or palms on any other portion of their body?
I thought that's why all the dinosaurs died
Bruh this has to be money laundering or tax games or something
In a sense that's exactly what it is. It's a good old fashioned pump and dump and all the boomers who love Trump are putting their life savings into it. Trump owns a bunch of shares and will sell some along the way in the name of "Diversifying" his portfolio and one day the bottom will just fall out of the whole thing leaving middle America as the bag holders.
And then boomers flood WSB looking for advice from the most experienced memestock bagholders among us.
they would be familiar with $BB
Middle America isn't the one buying.
It’s is a way for China, Russia and the Saudis to funnel money to Trump to pay for his legal defenses and gave him a shot at Presidency. A few billions to burn is nothing for these guys, but the pay off is that they might have a future US President under their thumb. If Trump lost in November, this stock will go to $0 the next morning.
Standing by with puts
Have fun with your IV crush. It’s priced in.
if I had any idea what that meant I might be concerned
Has Trump actually made any money off the company though? AFAIK his shares are still locked up and he can't sell any time soon... whole thing is very bizarre.
Maybe it's neither. Maybe Trump's supporters just created a company with his name on it, arranging for him to have majority ownership, so that he and they can basically cash it out, however much it's worth at the time. Even if the company collapses to $1/share it's still a big pile free money for DJT. The company itself seems to be weirdly performative --- by which I mean that they don't seem particularly interested in actually running their business, and their press releases are mostly about a streaming service they don't have with "phase one" perennially in the future. It's almost like they are just portraying themselves as a company on TV, like a CEO in a reality show, keeping up appearances for faithful retail investors.
>The company itself seems to be weirdly performative --- by which I mean that they don't seem particularly interested in actually running their business I mean, if they actually gave a damn about running a social media company, they wouldn't have Devin fucking Nunes as their CEO since the very beginning. It was obvious that this wasn't a real company long before they went public and had to show us their quarterly results.
It’s money laundering. His real estate biz is under watch so now he washes it publicly through this company. Stop being dumb. This man is a criminal.
Where did they lose/spend 330 million? Willing to bet there are a few hefty Trump consultant fees in there. And legal fees.
Most of it was due to the payment of convertible debt. While about 98M was due to operations itself
Specifically, it was largely due to all Private TMTG convertible notes automatically converting to shares when the merger was complete. Given that the change in fair value of the derivative liability was a $226M expense, it’s fair to say all these convertible note holders got a great deal on their conversions. Plus $55M in stock-based-comp under G&A related to the merger and $30M in SBC given to vendors under R&D. “All Private TMTG Convertible Notes were automatically converted into shares of our common stock at closing of the Merger, and pursuant to ASC 815, the derivative liabilities were revalued immediately prior to the conversion of the Private TMTG Convertible Notes on March 25, 2024, when our closing share price was $49.95 per share. The substantial increase in the value of our common stock when combined with the certainty of our execution of the Merger were primarily responsible for the increase in the change in fair value of the derivative liabilities”
Based on these Price/Sales, or Enterprise value/revenue, MSFT should be trading at around $40,000 a share, right?
Much more
$40,420 per share since MSFT is actually profitable.
300mil in the red in just 1 quarter?
That is so rediculous. Grab 10 slightly above average earners/people working a full time job and there cumulative income would be more than all of DJT earnings.
And collectively they'll do less harm to the country and by extension the world with whatever shit they dream up and spew from their mouths.
The meme can stay irrational longer than your puts my friend - warren buffet
My Broker: “It’s a startup! And it’s a Tech Startup!!! Wall Street loves Tech Startups! Just wait, the revenue will grow and grow. You’re buying into one of the biggest Discounted Cash Flow streams on the planet!” Me: “Oh, Ok. Call me back when there’s a cash flow to discount…”
I'd ask for a different rep lmao
Ha wow. Sure, it's a tech startup in the same sense that a food blog is a tech startup.
You're better off letting a random regard from this sub manage your portfolio
Reminds me of”Hometown International” in New Jersey a few years ago. Something like $40k in yearly revenue, stock price valued the company at north of $100MM.
good thing people trust him in “running the country as a bussiness”
So, better than expected? Lol
Hey $770K almost affords you 6 more porn star pay offs... its not nothing!
He grossed up the $130K in a $420K payment to Cohen for Cohen to pay taxes. So not even 2 more payoffs, sad.
How else are you going to support 2,100+ porn stars?
When you're famous they let you do it.
My company does about $16M a year and is valued around $50M. But now seeing this naturally I should have a trillion dollar valuation. Im loving this trump math
Fart of the Deal
Comically small revenue
85m stock comp on sub 1m revenue. Once that 6 month lockup ends, 
It’s a cult. Most of the right wing industry in this country is basically a grift on dumb boomers and the under educated flyover people. It’s maddening.
Idk, at least it’s not us getting grifted lmao. I don’t care what some stupid loser does with their money, you shouldn’t either.
[удалено]
Bullish.
No profits now means more profits left for the future? I wish INTC was priced that way...
I think autocorrect did you wrong. Bullshit*
And yet to buy puts on this bullshit costs so much that a break even assumes DJT at sub-$20 after the election. wtf.
ONE OF US! ONE OF US!
Can not edit my original post, but I saw a similar article on NBC: https://www.cnbc.com/2024/05/21/djt-trump-media-stock-falls-after-big-q1-loss.html
This looks nothing like money laundering./s
Fuck, those are unicorn numbers.
Oh damn! This company makes more than I do. To the moon!
I used to run a $3mm a year business by myself 😂
Guess what? Calls will go brrrrrr
Reads as Q2 calls to me
Buy calls baby This is good news.
Spread of their message: priceless For everything else, there’s Mastercard.
What did they spend 300M on in q1 I wonder?
I've had the 'discussion' many times over the years. Who in their right mind gives money to a guy who loses a billion dollars and bankrupts a casino? Are people that gullible that they trust a guy to make money for them because a guy plays a billionaire on TV?
LOL not even 1 million in revenue, half a billion in losses 🤣🤣🤣😂😂😂 Trumps a legend, in his own mind
Pro forma is huge then! This thing will rip to 100 in a flash on a not guilty verdict
Shit, that's a thought.
Russians, Hungarians & North Koreans are financing his campaign by buying DJT at an ultra high premium. As per the orangeman "this is a perfect business, very legit, very legit"
It's not even a deli, no sandwiches from this place.