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As happy as it makes me to see these people lose I do worry that we will see some “family annihilator” stories come out of this. Lots of wives and kids might be in danger because “dad” went all in on DWAC and now he’s wiped out and facing severe consequences with which his toxically masculine ego just canNOT come to terms.
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devhubby · 2 months
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wealthyvc · 2 years
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genevalentino · 1 month
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gyanbyjabulani · 2 months
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Bloomberg reported that Donald Trump is now among 500 wealthiest people in the world.
Bloomberg reported that Donald Trump is now among 500 wealthiest people in the world. Merger between Trump Media & Technology Group & Digital World Acquisition Corp (DWAC) has put his worth to $6.5 B. Read the details in this apt web story. Click on the link to read more & swap the pages to move on.
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jjbizconsult · 8 months
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Trump's Truth Social on the Brink of Collapse?
Trump’s Truth Social on the Brink of Collapse? In recent days, the fate of Donald Trump’s ambitious venture, Truth Social, hangs in the balance. The outcome of a critical vote, set to take place later this week, may determine whether this right-wing Twitter alternative survives or succumbs to dissolution. As reported by the Washington Post on September 2, Truth Social is standing at the…
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trump666traitor · 1 year
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frankhensen · 1 year
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Een wat? Een AWS Sjopper op basis van een gogomobile. Volgende week te zien op de oldtimer en classic beurs in Eelde. #notforsale #awssjopper #dwac #oldtimer #oldtimerclassiceelde #eelde #gogomobil #gogomobile (bij Haren, Groningen, Netherlands) https://www.instagram.com/p/ClJ1SPnoW9m/?igshid=NGJjMDIxMWI=
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timsilver · 2 years
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This is the SIXTH TIME that $DWAC has adjourned their shareholder meeting without voting to extend the merger to November 2023 because they don’t have the votes. Liquidation imminent. Another Trump clown show.
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reportwire · 2 years
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Elon Musk would lose 13.5 million Twitter followers if he scraps most spam accounts; Justin Bieber would lose 27.6 million, data finds
Elon Musk would lose 13.5 million Twitter followers if he scraps most spam accounts; Justin Bieber would lose 27.6 million, data finds
Elon Musk would lose about 13.5 million Twitter followers, if he pushes through his plan to get rid of most spam accounts, according to data crunched by CodeClan, a Scottish digital skills academy. The Tesla Inc. TSLA, -3.84% CEO on Tuesday gave up a legal battle and agreed to pay $44 billion to take over the social-media company. Musk has said he wants less than 5% of…
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lewisjoen · 1 year
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$BRDS stock abnormal movement
Lots of insider buying, strong bullish bottom!"If we break 0.21, we will run up to 0.4 If you want to know more high-quality stocks, you can private message or comment
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moneymol · 1 year
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DWAC Stock Price Prediction 2023, 2025, 2030, 2035, 2040, 2045, and 2050
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The stock market is always an unpredictable roller coaster of highs and lows, and predicting the stock price of a company can be an even more daunting task. As technology advances, digital companies are becoming more prominent in the stock market and investors need to be aware of trends and forecasts in order to make informed decisions. For this reason, many are asking: what will be the stock price of DWAC (Digital World Acquisition Corp.) in 2023, 2025, 2030, 2035, 2040, 2045, and 2050? In this blog post, we will explore the current stock trends of DWAC, analyze past predictions, and present our own forecasts for DWAC’s stock price in the years ahead. We’ll look at the company’s past performance and current strategies to provide a comprehensive overview of the stock's future outlook. By the end of this blog post, readers should have a better understanding of the future of the company and its stock price, allowing them to make better informed decisions. Read more
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headlinehorizon · 8 months
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DWAC-Truth Social Merger: High-Stakes Deal Extends Deadline Amidst Scrutiny
In a dramatic turn of events, Digital World Acquisition Corp. (DWAC) shareholders have voted to extend the deadline for the merger with Trump Media & Technology Group, the owner of Truth Social. Explore the latest news surrounding this high-profile merger and the potential impact on the social media landscape.
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beardedmrbean · 2 months
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Donald Trump's social media company Truth Social completed a merger Friday morning that could net the former president over $3 billion.
Shareholders of Digital World Acquisition Corporation -- a special purpose acquisition company -- approved a merger with Trump Media & Technology Group, which owns Truth Social.MORE: New York AG takes 1st step toward possibly seizing Trump's assets as part of $464M fraud judgment
The company can begin trading as a public company, with the stock symbol DJT on Nasdaq, as early as next week.
Shares in DWAC currently stand around $40 per share.
With Trump owning 58.1% of the common stock in the company, the former president stands to make over $3 billion from the deal depending on how the stock ultimately trades. Experts say it represents a staggering valuation for a social media company that ranks below major competitors like Facebook, X, and TikTok.
However the deal currently includes a lockout provision that prevents Trump from immediately selling or getting loans based on his shares -- potentially limiting Trump's ability to use the windfall as collateral for a bond in his $464 million civil fraud judgment.
Trump faces a Monday deadline to secure a financial guarantee to cover the judgment, after a New York judge in February ordered him to pay $464 million in disgorgement and pre-judgment interest when he found the former president and his adult sons liable for using "numerous acts of fraud and misrepresentation" to inflate his net worth in order to get more favorable loan terms.
Trump has denied all wrongdoing and has appealed the decision in the case.
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whosurisold · 4 months
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Another #ChumpdumpF train wreck -
Everything Trump touches - Dies!
Loser #orangeCheesus in another loss!
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mariacallous · 1 month
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Truth Social, former president Donald’s Trump’s clone of Twitter, has a fraction of the users of competitors like Reddit and X. The company has never turned a profit, and just happens to be the place where Trump is currently posting.
But on the Nasdaq, the stock exchange where Truth Social became a publicly traded company today, there's a different story: Truth Social has become a certified meme stock. Trump supporters seem to have conflated their support for the former president with the stock itself, and are buying en masse.
The stock quickly rose more than 40 percent after being listed and trades under a ticker of Trump’s initials, DJT. The company is now valued at more than $6.8 billion. The value, however, could change quickly; the stock was so volatile that it temporarily halted soon after it was listed. The company’s financial performance has been underwhelming. It posted $3.3 million in revenue and lost $49 million in the first three quarters of 2023, according to regulatory filings.
Still, Trump’s fans have posted on Reddit, X, and Truth Social about how they plan to hold the stock in defiance of traditional investing logic. Previous meme stocks like GameStop and cryptocurrency culture have helped provide the script, but the rhetorical formula is simple: Short sellers will perish, this stock is going to the moon, and don’t sell no matter what.
“Let’s go baby! Trump 2024 to the moon,” one user posted on Reddit, followed by the rocket ship emoji.
In another Reddit thread, stockholders discussed at what price they would sell shares in the company. “At least waiting for the election win,” one user posted, with the tag Diamond DWAC, a reference to “diamond hands,” a desire to hold a stock despite volatility.
“$150 maybe … but probably waiting for the launch of TMTG+ streaming and also stories videos,” another replied. “Or when our founder is The Leader of The Free World (again) and most reported on person on the world with the most attention on him and his platform. So maybe never‼️”
Reddit user deepfuckingbagholder speculated that the company could eventually be worth 1 trillion dollars. When another user replied, saying that valuation would be virtually impossible, deepfuckingbagholder wrote back: “This stock represents the value of Trump’s brand and I personally believe it can achieve that valuation.”
Truth Social is, predictability, a hotbed of conspiracy theories. Election denialism, vaccine skepticism, and the great replacement theory are all prominently featured on the site. The company has also been mired in controversy since it began, following Trump’s ban from Twitter after the January 6, 2021, riot at the Capitol. A former senior employee filed a whistleblower complaint with the SEC, and other former employees have sued the company, alleging breach of contract. Shareholders voted to take the company public last week, merging Trump Media and Technology Group with a publicly traded holding company, Digital World Acquisition Corp.
The outsize valuation of Truth Social has made Trump incredibly rich. His net worth rose $4 billion to $6.5 billion, making him one of the world’s 500 richest people, according to calculations by Bloomberg News. Trump is restricted from selling shares in the company for about six months, so his net worth could still tank, however, if the price of Truth Social falls.
On Truth Social, one user said a prayer. “Bless all the patriots invested in #DJT,” GothamGal wrote. “Bless this investment, and make us successful so that we may do your will and bring glory to you. Bless and protect our president DJT, and our country. In Jesus name.”
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