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We have been the target of short sellers here for a couple of years now. It doesn't help that a couple of the market makers here short as well in the name of making a market. To show you how corrupt these MMs are, they were showing 6200 shares @$2.45...I ask slapped 2000 shares @$2.45 and as soon as my order went in, the 6200 shares on the ask disappeared and the ask was now $2.51. I waited 20-25minutes and didn't get filled. I slapped the ask @$2.51, got filled and immediately after my order was filled, the price went down to $2.47. Go figure. I ask slapped for $5K then they sold 100 shares to drop the price to $2.47. Yes...these MMs are criminals along with the shorters here. Unfair the way they manipulate the price here.
PokerStar
Another thing the recorded trades show is the likelyhood of just how many shares are being shorted here. We all know there is no way this stock is worth less than $4-$5 bucks yet we see blocks sold into the bid at $2.40. Unless it's being shorted, who would sell down here? It shows they will keep shorting until buyers show up and start ask slapping. They will keep shorting until enough strength from buyers show up and a reversal starts before they stop playing this game.
PokerStar
The trades brother....2K bought on the ask and 28K sold on the bid. The trades are recorded on this site. And yes, of course there is a buyer for every sell, and a seller with every buy. It just shows the strength or in our case, the weakness in our trading pattern. Shows that there are few, if any people slapping the ask like you'd see if there were a lot of buyers fighting over shares. Instead, we have sellers unwilling to wait on the ask for a buyer, so they take less and sell into the bid so they can get out.
PokerStar
Don't kid yourself...the pumpers here at that time were pumping and unloading between $12-$14 bucks. One pumper still posts on the Facebook site telling everyone to stop crying about the price....there's no shorting going on....and he's still buying the cheapies. What a joke! Everyone here saw it finally get off bottom in the low $2s...run up to almost $4 bucks before the merger vote....then when it was announced the merger was done a few days ago, they started selling into the bid, grabbing small profits and leaving the actual investors scratching our heads. 30K traded so far today....2K in buys and 28K in sells....but nope, no shorting going on here. Back to low $2s or worse by the time these dirty pr*cks are done. It'll take us months to get back $3 bucks now. So glad I bought a pile more before the merger. NOT!!!
PokerStar
This is the result of little interest here and shorters dumping into the bid. Nothing else makes sense.
PokerStar
160K in volume and down to $2.50. This thing is turning into a joke again. The company got 10 times bigger with more revenues and more profits and the share price drops. Nothing here ever made sense and seems to be continuing to boggle my mind. What us wrong with these flippers????
PokerStar
Lol...even better. Poor old Rudy needs a job but he knows better. When he works for Trump....he doesn't get paid and he needs money now to live and pay his multi million dollar settlements he owes. Lol.
PokerStar
Lol...that's a good one. Bonus??? Nope...just more grifting off the uneducated fools!
PokerStar
Lol...you're right...nobody gives a shit about this stock. The proof is in the constant dumping.
PokerStar
I guess like most uneducated MAGA cultists, you can't read neither. You see, there are less than 50K shares availble to short here and the fee required to borrow shares to short is from 700-900% of the share's trading value. That makes it not only unrealistic to short here but with volume that's been averaging 9 million shares daily, that 50K of short shares make it a drop in the bucket and would do nothing to affect the price here. The fact of the matter here is people are getting out since the unrealistic run up that sent this penny stock to $79 bucks. Still a long way to drop before it reaches a point where the share price is equal to the stock's true valuation. I feel sorry for those that couldn't see this coming. Just another failed Trump scam!
PokerStar
Lol... Nunes trying to convince the few dumb enough to listen, just how valuable this company is. He states they have no debt and 200 million in cash on hand....but he neglected to mention that their feeble revenue last year was a tad over 4 million and they incurred 58 million in losses. He also forgot to mention that their failing site has only about 500K users and is shrinking. Compared to X or Facebook with over a BILLION subscribers and massive advertising revenues. After the merger, this ticker has almost 200 million outstanding shares with a 1 billion outstanding share count. With what I would call a more than failing business model, targeting the MAGA uneducated...how exactly does Nunes expect the company to grow? Advertising dollars avoid Trump like the plague. Based on cash on hand and ZERO business...
The true valuation for this garbage is $2 bucks a share at best. So even with another daily selloff dropping the price another $3-$4 bucks daily...it's still way overvalued at $34 bucks...like way over valued.
PokerStar
I don't get it. Acquisition completed making this company an over 100 million dollar company and a selloff follows dropping this to the $2.50 area. It makes no sense. Losing patience here as many apparently are with this morning's selloff. P*sses me off that this didn't see an uptick in volume and a spike in price. Same old sh*t....different day!
PokerStar
A close above .40 cents is key here, Imo. Once that happens, we'll see a nice inflow of serious volume and the real run will begin. Any positive news from the courts will trump that prediction.
PokerStar
Exactly...perfect launching pad here. With this tight 15 mil float and the 70 million damages they are seeking put the share value at about $4.50. Miles away from where we are at today. As you mentioned, once serious volume flows in here, we should clear at least $1 on the first run up before a short period of consolidation. Ready for a powerful run up here with serious volume incoming!
PokerStar
Jeez....new lows...whodathunkit! Lol. Easily closing under $40 bucks today and guess what....more new lows next week incoming! Buy, buy, buy MAGA morons!
PokerStar
Lol...okay! I guess he also can't read. There are only about 50K shares available to short in DJT and because of the lack of borrowable shares, the cost to borrow is 900% of the share value. This stock is not being shorted....it's selling off because it's garbage and there is nobody left here but hopeful bagholders as they hope for some kind of a miracle while smart people are getting the hell out before the bottom falls out of this scam!
PokerStar
What exactly does that mean??? You want me to buy this garbage??? Not in a million years!
PokerStar
Ain't that the truth...the orange orangutan cult leader is not above the law and hopefully he starts being held accountable! It's just sad that his cult believe every word out of his mouth and believe his lies that all these indictments are politically motivated. He has broken many laws and could not be held accountable while he was President...and since then, he has broken many more laws. He hides behind the words "politically motivated charges" and the cult believes him. Shake my f*cking head!
PokerStar
Lol...higher highs??? You think this over hyped garbage is going higher than their $79 dollar over hyped, over valuation??? Lol. I know for sure you have no clue about how to value a stock. Hype does not match fundamentals and fundamentals always win... sometimes it just takes a little longer but eventually it will.
PokerStar
Lol...there's not enough MAGA morons with money willing to prop up this POS. That's not just my opinion...read any stock analyst's opinion. This is severely overvalued at these level. Over hyped garbage stock...no true underlying value. 500K users, 4.1 in annual revenue and 58 million in losses last year. So who in their right mind thinks that these numbers represent a valuation over $40 bucks??? It's a matter of time here. This will be worthless in due time. There may be the odd run up here and there that a flipper can make a buck again, but it will not be sustainable long term. Fundamentals always prevail in time. Maybe weeks, maybe months, but eventually fundamentals win!
PokerStar
You're so called "facts" are easily refuted! Because you uneducated people rather get your news and so called "facts" from the internet or far right propaganda podcasts doesn't make them "facts"! To be clear, if anyone is a fool, it's those that can't think critically and are easily convinced of nonsense...which apparently, you are one from that crowd!
PokerStar
Thanks Prudent! Believe when I say I'm not a fan of Biden myself but the most logical option. I would be considered an Independent...I think this country has some terrible hard left and hard right representation and those philosophies are tearing the country apart. There's no more give or take by these people...it's their way or the highway! Sad but true! Trump unfortunately since his arrival and mass media coverage of his every word has made it acceptable to his followers that hate is okay...therein our problems started. I pray that one day, voters will see through all their bullshit and vote in common sense...whether it be a Democrat or a Republican. Unfortunately too many voters just vote with their allegiance regardless of the platform the representative is pushing. This country is dying a slow death and we need to come together as Americans and do what's right for the majority of it's citizens...Peace brother!
PokerStar
The volume keeps getting lower because the people trading here were flipping...making money multiple times doing it. That flipping crowd is gone. The selloff of this worthless POS has began and flippers know there is no actual bottom for this, so they are now staying away. Only bagholders left hoping for a quick spike in price that will never happen, so they can bail and cut their losses. Trading 101. This scam is DONE! Last one here can turn off the lights!
PokerStar
You want to put more hard earned money into this scam? It's not a "dip" that's happening...it's a slow selloff, soon to become a massive selloff. ZERO value to this dwindling company with ZERO chance of it ever making money, yet fools keep hoping for some kind of miraculous turn around. This thing was OVER HYPED from before the merger and completely OVER HYPED afterwards. Fundamentals eventually take over and there are ZERO fundamentals in this scam. Under $2 bucks is coming. Save your money until then. They may find a few MAGA maggots to pump it up from there so you can possibly make a quick 50% flip....unless Trump dumps by then and this goes to pennies. Wake up already...this is a SCAM. You'll notice how I used capital letters where they don't belong...I know how much you cult members love it when your orange orangutan leader posts that way!
PokerStar
Wow...I see the tin foil hat crowd is still spewing more lies.
PokerStar
Grifting 101...Trump is the master grifter. His gullible cult followers ready and willing to give this billionaire 50 bucks here and 100 bucks there from their social security checks. Talk about a bunch of kool-aid drinkers!
PokerStar
I hear you! Those that continue to spread the same old lies from an election from 3 years ago is the reason this country is in trouble. Until the day that Trump is dead and gone and voters get rid of the deadbeat losers like Bobert, MTG, Gaetz and the rest of the far right wing nut jobs, this country will never become somewhat united. These people are hell bent on shoving far right ideology through or overturning laws that have around for 50 years, pushing the country backwards instead of forward. If it wasn't so damn stupid, it would be funny. The way these elected people pander to their orange cult leader is sickening to watch. How anyone could support the orange liar in chief is truly hard to understand!
PokerStar
You can't convince an uneducated MAGA cult follower with factual evidence when they get all their information from outlets like AmericaOne, Newsmax and the likes of Charlie Kirk and Steve Bannon podcasts. They take the nonsense these fools propagate and run with it on the internet where the rest of the uneducated get all their information. It's hard to believe almost half the country can't use their own critical thinking skills to see through all the unsubstantiated bull shit. The MAGA cult put all and any blame on the shoulders of the Democrats when their blessed Republican party does diddly squat for the average American.
PokerStar
Yep...never ending here. 42K traded and down another 5 cents. Nothing makes any logical sense the way this trades. Manipulation at it's finest.
PokerStar
Lol...those artificially propping up the price are trying to run it up over $46 at the close so they can trap more fools. This will gap down to open about $42 tomorrow and close below $40 by Friday's closing. Keep buying fools.
PokerStar
Please post more proof that Trump is NO business man! Don the Con is nothing but a user and grifter. When will the kool-aid drinkers open their eyes??? Everything he touches goes to sh*t, from his fake university to running the country. Hard to believe 40% of the population is that naiive and blind!
PokerStar
And why would that happen??? There's not enough people foolish enough to buy this garbage. The writing is on the wall. Did you not read the last 8k??? ...58 million in losses....under 5 million in revenues. Other than hype...what has kept the price propped up at these ridiculous levels??? This is a $3 stock at best but will likely see much lower than that!
PokerStar
Lol...OMG...someone was drinking the kool-aid!!! This garbage shouldn't be anywhere remotely above $3 bucks at best. Cut your losses before the bottom falls out of this. This will NEVER see $50 bucks ever again. The flippers can't make a buck here...too many trying to get out of this POS! The bleeding will continue and the selling will drop it lower and lower after hours and pre-market. Going to gap down hard tomorrow then probably be lucky to see $35-$37 tomorrow. Nobody will want to hold this garbage over the weekend. Don't whine next week and beyond...you were warned.
PokerStar
Watching the orange orangutan lose another few hundred thousand dollars daily is such great entertainment. He'll be begging his cult for more money to pay his legal fees as he watches his 6 billion on paper turn into a few hundred thousand when he's able to dump his shares. Everything he touches turns to sh*t and the little guy gets screwed again. Gonna be a hell of a lot of bagholders here when old Donnie gets the green light to sell!
PokerStar
Lol...that's a good one. He isn't getting anywhere near the White House ever again. As for this company, it will be bankrupt within 3-5 years. Those losses are just the tip of the iceberg. Once they start diluting the sh*t out of this to keep the lights on, because their advertising revenue here doesn't even cover wages, this will be the joke of Wall Street. Everything he touches turns to sh*t...he has quite the track record. Glad I'm watching from the outside because shareholders here will take quite the bath here once flippers leave and fundamentals take over! $2 bucks is coming....just a matter of time!
PokerStar
I get that. I wouldn't expect any less from the grifter in chief to get some Russian aid to prop the price up when the time is right. All I know is there will be a hell of a lot of bagholders once he dumps his 87 million shares. We all know that's his plan. Nothing he ever does isn't tied in any way to screwing the little guy. He's been doing it for years and has been begging for money from his cult to pay his legal fees for years. Old Donnie would screw a snake if he could get his fat ass that low. Lol.
PokerStar
Truth Social does not have 5 million users! The worthless site has under 500K users and guaranteed are all from his cult. The site brings in less than 4 million in revenues and recorded 58 million in losses last year. Little to no advertising dollars on the site as smart companies don't want to be tied in anyway to the site for obvious reasons. I predicted $45 bucks by yesterday's close...I was off by a few hours. This garbage will be lucky to be above $3 bucks a share within a month as the volume disappears and flippers aren't able to make a buck now and then. Fundamentals will prevail. Not enough educated Trump cult followers with money to prop this up!
PokerStar
Hopefully the douchebag selling 25K into the bid is about out of shares and this can rally back above $3 bucks.
PokerStar
Exactly! Zero interest for advertisers let alone the fact that this platform is tiny and cultish. This is somehow being propped up at these ridiculous prices. As all this flipping slows as the price continues to fall, the bottom will fall out of this and fundamentals will take over. Then a more realistic valuation of between $1.00-$2.00 will result. Just a matter of time. They have been trying to push it above $50 bucks again but when it continues to get rejected, this will drop to at least the $44.00-$45.00 by close and look for it to gap down under $40.00 tomorrow. I feel for those that bought this in the $65.00-$73.00 range...they will NEVER recover their losses. This thing will continue to go lower and lower as the volume here dies off and nobody will be left here but sellers, waiting for an unsustainable bump.
PokerStar
They just dumped another 3k into the bid to drop the price to $2.72 and put the remaining 18K on the ask @$2.75. Unbelievable!!!
PokerStar