Trump Stock is FINALLY CRASHING Because OF THIS…

The MeidasTouch Podcast

MeidasTouch Network

Politics, News

4.8 • 12.9K Ratings

🗓️ 19 June 2024

⏱️ 15 minutes

🔗️ Recording | iTunes | RSS

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Summary

Meidastouch host Ben Meiselas reports on his opinion why Donald Trump’s stock for his Trump media has tanked 39 percent since May 30. Upgrade your sleep with Miracle Made! Go to https://TryMiracle.com/MEIDAS and use the code MEIDAS to claim your FREE 3 PIECE TOWEL SET and SAVE over 40% OFF. Visit https://meidastouch.com for more! Join us on Patreon: https://patreon.com/meidastouch Remember to subscribe to ALL the MeidasTouch Network Podcasts: MeidasTouch: https://www.meidastouch.com/tag/meidastouch-podcast Legal AF: https://www.meidastouch.com/tag/legal-af The PoliticsGirl Podcast: https://www.meidastouch.com/tag/the-politicsgirl-podcast The Influence Continuum: https://www.meidastouch.com/tag/the-influence-continuum-with-dr-steven-hassan Mea Culpa with Michael Cohen: https://www.meidastouch.com/tag/mea-culpa-with-michael-cohen The Weekend Show: https://www.meidastouch.com/tag/the-weekend-show Burn the Boats: https://www.meidastouch.com/tag/burn-the-boats Majority 54: https://www.meidastouch.com/tag/majority-54 Political Beatdown: https://www.meidastouch.com/tag/political-beatdown Lights On with Jessica Denson: https://www.meidastouch.com/tag/lights-on-with-jessica-denson On Democracy with FP Wellman: https://www.meidastouch.com/tag/on-democracy-with-fpwellman Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	Hi all how we doing afternoon afternoon let's get this meeting meeting meeting
0:05.9	started when everyone's home when everyone's home ee work mode prioritizes your broadband for working from home, with faster speeds in more places than anyone else.
0:18.0	So, yeah, yeah, I've got you loud and clear, clear is about.
0:21.0	This is broadband made for working from home search
0:24.2	e. broadband powered by BT work mode with e e smart hub plus to verify see ee dot
0:29.1	credit e. claims so we've been seeing Donald Trump's stock for Trump media tank day after day.
0:35.7	In fact, since Donald Trump was convicted on 34 separate felony counts, his stock has fallen. Trump media stock has fallen by about 39% and
0:47.3	obviously the companies has a massive loss in the first quarter alone in 2024 it lost approximately
0:55.8	327 million dollars on only about 700,000 or so in revenue, last year according to an amended audit after Donald
1:07.0	Trump's prior auditor was like suspended by the SEC for running a fraudulent audit mill.
1:14.3	The new auditor, however, confirmed that in 2023,
1:17.4	Trump media suffered about a $58 million loss.
1:21.4	So total year lost 2023, 58 million dollars on about $4 million in
1:27.6	revenue and now in 2024 the first quarter alone Trump media lost approximately
1:33.8	327 million dollars but when you dig deeper into some of the
1:40.1	filings by Donald Trump including an amended S1 filing that was filed with the SEC
1:46.8	which added more disclosures, more warnings to investors. This is blinking red lights. This is waving red flag after red flag. Some serious issues I want to discuss. Let me preface it with I don't give stock advice, I'm giving you my opinion,
2:06.8	and I had previously, when I practiced law though, worked on a SPAC, and so I have familiar with how the special purpose acquisition companies work, the merger, and the process and procedures there too.
2:20.0	So Tuesday marked an important date and deadline this past week.
2:24.4	It's when certain investors were permitted to sell their shares.
2:30.0	These are not the lockup shares.
2:32.8	Trumps shares are still locked up through September 25th,
	...

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