(This is an opinion piece. These are my educated opinions on any possible or probable outcome(s). As always, I do not support any illegal or unconstitutional activities.)
This Blog is a little unusual. It deals, at least a little, with finance. But it also deals with the funding of terrorism. It is my opinion piece, and response to, the following article:
This is an opinion piece. They are my opinions on any possible, or probable, outcome(s). An opinion based on the real world of facts though, not the MAGA one. This is not, in any way, investment advice. As always, I do not support any illegal or unconstitutional activities.
I am an experienced trader in penny stocks (I don’t think any penny stock/micro-stock trader can call themselves a “Pro” lol). I found a particular niche and even made a profit. My niche is no longer viable, so I stick to the “safe” stuff now. Why am I mentioning it? Because DWAC (DIGITAL WORLD ACQUISITION CORP) … WAS a penny stock. That’s what was merged, or was acquired, to create the DJT stock. What does this have to do with our resistance against MAGA and Donald Trump?!
Bear with me. Do you remember in my book the 5th, and final, step to stop MAGA (with Trump as its leader)? It is “Destruction”. One of the elements of a criminal enterprise we are trying to destroy – is its funding. Recent successful (even though on appeal) lawsuits have significantly harmed MAGA’s funding. Remember much of MAGA’s power comes from Trump as its leader. Without his influence, politicians on the right, aka “MAGA Republicans” (which is every Republican who voted NOT to impeach – the vast majority) will no longer be as intimidated by MAGA and will no longer have to support them. Then they can vote appropriately, instead of being Trump’s minions. The number of “true” MAGA supporting politicians in government are a much smaller group. The majority of the MAGA Republican politicians are opportunists (not “believers”) and, when his power over them is gone, they will no longer support MAGA.
This stock (DJT) after the six month lock-up period, will be raided by Donald Trump for most, or all, of his shares. He will claim it is for his campaign “For the American People!” But in reality, it will be just like his many other failed businesses, and corporate bankruptcies, that he started. Enriching him personally while he watches them crash and burn. And remember these corporations have lots of PEOPLE that get burned. It amazes me that people still accept his claims of business acumen to run the country. The number or people he (or his companies) has not paid for their work, or been left worse off by working with them, is legion.
DJT stock stands for TRUMP MEDIA TECHNOLOGY GROUP. It is the ticker for the company that his “Truth Social” media company is owned by. DJT stock has every hallmark of being like a penny stock. Pure hype drives the price. $4M revenue and $60M loss? No current expectations of achieving profitability? No, it is not a penny stock now. But it will be. It will drop to basis points, or zero, sometime in 2025. Or even this year. Unless he wins, or when it looks like he will win, then it will skyrocket. And then he will draw out his money and the stock will plummet and die. Still before, or in, 2025. Just my prediction having traded micro-stocks that trade on hype with no hope of profitability. If Trump wins the US presidency in 2024, he will get a lot richer. First, by utterly ignoring the emoluments clause (which he has already done as POTUS) and thus making money for his businesses using his government position (which is what the emoluments clause is supposed to stop). Second, he will also get, personally, income from a blatant “Pay to Play” scheme to curry favor from foreign businesses and governments to negotiate, not with the US Government, but with him personally. How? Just like last time he was President. By giving foreign governments and businesses the “opportunity” to use his businesses.
If his chances of winning POTUS in 2024 look bad, it will drive down this stock. The converse is also true. Any money he gets from raiding this stock will add millions, or billions, to his war coffer against the American people.
There is a worse possibility as well.
Should he become POTUS and MAGA gets control of the government, what may happen? Well, I have discussed in “Is MAGA a Terrorist Movement?” the very real possibility that they will go after the media that is not “right-wing”.
Per a Brennan Center for Justice article “The Free Press Aren’t ‘Enemies of the People’” by Andrew Boyle, August 24, 2018:
“Trump tweeted on August 5th that “The Fake News hates me for saying they are the Enemy of the People only because they know it is TRUE. I am providing a great service by explaining this to the American People. They purposely cause great division & distrust. They can also cause War! They are very dangerous & sick!””
Also, in this article it said that Trump, when asked, gave an estimate that about 80 percent of the media would qualify as an “Enemy of the People”.
If he becomes president, he has already stated he will go after these media groups. In other words, he will attack the first Amendment of the US Constitution and make the existence of the free press – illegal. Then his media company would soar in price AND they could silence free speech and press. Only MAGA supporting media will legally exist. We will be on the fast track to a dictatorship and fascist government at that point. This is a likely outcome if MAGA comes to power.
That is why this stock’s performance matters. That’s why we fight MAGA on every “battlefield” and on every level. We can’t stop him redeeming shares in a company he founded. But the recent losses in DJT can give us hope it will net him less money than it was worth on its opening day. More funding means more power. The opposite of what we want for a fascist movement to take over our country.
Thank you.
May You Always Be Free!
