Trump's Very First Criminal Trial Begins/ News April 16, 2024 #1539
David Feldman Show
David Feldman
4.7 • 992 Ratings
🗓️ 16 April 2024
⏱️ 70 minutes
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| 0:00.0 | All right, we can do this. We can do it short and sweet tonight. Hi, shares in Trump media |
| 0:09.7 | plunged more than 18% on Monday closing at $26.63. Donald Trump's truth social stock has lost |
| 0:19.6 | 60% of its market value since March 26, right around |
| 0:25.6 | the time it began trading on the NASDAQ and his magomorans had an opportunity to buy in. |
| 0:33.8 | The stock tumbled after Trump media told the SEC yesterday it's planning to issue close to |
| 0:41.1 | 170 million more shares of the company which would raise much needed capital while at the same |
| 0:48.2 | time diluting the value of the shares that have already been sold to these magomorons. |
| 0:54.8 | You see, the more shares of the company being sold, that means less value a single share |
| 1:00.3 | has. |
| 1:01.6 | Well, I get all my financial advice from John Ross, and he says, now is the time for |
| 1:08.8 | magomorons to swoop in and let it all ride on Trump media. And that's what I would do if I |
| 1:17.6 | were a Trump supporter. I mean, the guy was president of the United States. There's just no way |
| 1:24.7 | this stock can go down any lower than it already has. |
| 1:30.2 | You know, they always say you should buy a stock when its price to earnings ratio is low. |
| 1:35.9 | You know, that means it's undervalued. |
| 1:37.6 | Well, I looked at Trump Media and it has a P.E. of negative 45. |
| 1:50.0 | It has a P.E. of negative 45. I mean, that's crazy undervalued. |
| 1:58.4 | Sure, it lost $54 million last year, and it shows no sign of ever turning a profit, but it's Donald Trump's company. Okay? He was president of the United States. |
| 2:04.3 | Don't listen to me. Listen to my friend John Ross. He says buying Trump media is safer than buying |
| 2:12.2 | a treasury bond. What is safer than a treasury bond? Trump media stock. |
| 2:19.3 | A Trump media stock is the safest, it's safer than gold. |
| 2:23.7 | A treasury bond is only backed by the full faith and credit of the United States of America. |
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