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The MeidasTouch Podcast

Trump Stock is TANKING after SEC Filing…

The MeidasTouch Podcast

MeidasTouch Network

News, Politics

4.956.4K Ratings

🗓️ 1 April 2024

⏱️ 14 minutes

🧾️ Download transcript

Summary

MeidasTouch host Ben Meiselas reports on Trump Media Stock ($DJT) tanking after Monday’s 8K Colin with the SEC. Head to https://TryFum.com/meidas and use code MEIDAS to save 10% off when you get the journey pack today! Visit https://meidastouch.com for more! 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 Uncovered: https://www.meidastouch.com/tag/maga-uncovered Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

Click on a timestamp to play from that location

0:00.0

This episode is brought to you by Kraken.

0:03.0

Krypto is like the financial system, but different.

0:06.0

He doesn't care where you come from,

0:08.0

what you look like, your credit score,

0:10.0

or your outrageous food delivery habits.

0:13.0

crypto is financed for everyone, everywhere, all the time.

0:17.0

Visit Krakon.com slash see what crypto can be.

0:21.0

To learn more, Don't invest in

0:23.5

unless you're prepared to lose all the money you invest.

0:25.7

This is a high-risk investment and you should not expect to be

0:28.0

protected if something goes wrong.

0:30.1

The Trump media stock is absolutely tanking today and this follows Trump media making a filing with the SEC and 8K filing revealing that the company had generated just 4.1 million with an M, 4.1 million dollars in

0:50.0

revenue for all of 2023 while racking up a 58 million dollar net loss in 2023.

1:01.4

As Justin Baragona reporter states these numbers are very similar to the

1:07.6

messenger which went under in less than a year although I would correct that slightly. The messenger was having about

1:17.4

18 to 19 million visitors per month. I believe the Trump media website, Truth Social, is getting something in the range

1:27.1

of between 5 and 10 million unique visitors every single month, so actually far less than the

1:34.7

messengers we could just take a look right here at the consolidated statement of

1:39.3

operations from Trump Media and Technology Group.

1:42.8

So you can just see it for yourself.

1:45.0

This was in the filing with the SEC.

1:47.8

If you look at the P&Ls, you can just see it was a $58 million loss.

...

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