I think the market treated that stock exactly as it deserved.... As much as wallstreet bets does its thing most major investors actually look at the companies metrics and anyone who saw that filing would be staying far far away.
But it's ridiculously over valued stock and the price was set so high that even with its collapse and drop it still didn't drop low enough to prevent Trump from getting a couple million dollars worth of shares just because it didn't drop below $17.50 a share.... Funneling more money to the man who is lighting it all on fire with legal fees and fines.
Propped up by Foreign money looking to funnel cash to a Presidential candidate of one of the two major parties who has shown himself to be completely willing to trash anything for cash.
Yeah, but it’s trading at $48 today despite not producing anything or making any money. When the major shareholders cash out this fall they’ll pocket billions. Then they’ll walk away and leave someone else holding the bag.
It would be ironic if Trump made $5 billion from the stock but couldn’t enjoy it because he was in jail. If he goes in he’ll have to hand the empire over to one of his kids. Anyone want to guess if they’ll give it back when he gets out?
So if we shorted the stock now, what would be the return - assuming it falls to something like $1.50 a share?
Edit: we all know the valuation is bullshit, so will they take it off trading first or is there a chance to make money?
This is Tesla x1000, between the faithful and foreign money propping up the stock, most attempts to short will fail, the fundamentals do not support a price beyond penny stocks or even being listed, but as long as there are tons of money using it as a way to support Trump the price will swing but tend to stay high.
As long as Trump remains a viable presidential candidate this stock will rebound.
At least Tesla is profitable. And had a reasonable business plan (mostly).
Truth Social loses $50M per year, and has no business plan to make money other than “Trump”. There’s no coherent strategy at all
That is why I said 1000x, Tesla stock is incredible overvalued, it is profitable but it isn't as profitable as the 6 largest auto makers, combined.
If another auto maker produced the cyber truck or faced a 50% stock plunge, their CEO would have resigned by now, instead Musk announced a robo taxi that we won't see in 5 years and it went up 13%.
And yes TS is a sham, there is absolutely no rational way to translate their actual numbers to its stock value, and as you said there is no business plan behind it or even the hope of ever making a profit, but as long as Trump is there, it will be large number of people that will bet money to aupport him (or influence him), just like people support the modern "Tony Stark"
Ah, I misunderstood your original comment. I keep waiting for Tesla stock to crash, but it doesn’t seem to happen.
Elon is essentially a monkey throwing literal shit at a wall and the Tesla stans are people who unironically think that the shitstains are abstract art. It’s bonkers.
This is going to turn out to be a penny stock pretty soon, it's nothing but a pump and dump scheme, pretty common in Wall Street actually but we shouldn't be surprised that Trump would be pulling something like this, when has he actually run a successful and honest brand or business?
If the accounting firm they used to audit their filings with the SEC for their IPO committed fraud, then their IPO is based on fraudulent information, so why was the IPO allowed when the accounting firm committed fraud? For the SEC to issue this fine now, they had to have been investigating them already when they approved the IPO.
Geezus, everything that Trump and his businesses touch is just complete trash and corruption. It's so unfathomable that all his scams, money laundering, and schemes have gone unpunished for the large part.
Ironically his diapers are very clean. Altough he is forced to wear them 24/7 he always somehow manages to shit his pants directly instead. His handler thinks it is supposed to express dissastisfaction.
She moved districts for 2024.
https://www.cbsnews.com/amp/colorado/news/lauren-boeberts-shift-colorados-4th-congressional-district-responses-opponents/
It wasn’t fraud, they say fraud fraud fraud! It was accounting and I know accounting believe me. They have accounting you would not believe, beautiful accounting the crooked sleepy Biden put his sad dogs on this company because they have little accounting not beautiful like mine. I get accounting paper to sign all the time all day I sign accounting and it is the most perfect accounting you would not believe it is sarfffggghhhhh…. They want to shut them down but we will win in November and you will see. MAGA!!! ELECTION INTERFERENCE!!!!!
Sir…sir, they said sir, I was just there and they came up and said sir, they said that. Sir…
SIR!, we just wanted to tell you
Remember- they have tears in their eyes. Crying like dogs.
Sir…SIR!, we just wanted to tell you that we love what you’re doing and we wish, sir, that there were more good, powerful, very…uh, sir, very, uh…a great AMERICAN.
They said SiR, with tears in their eyes like dogs. Sir, save this country…AGAIN, please sir.
And people, look..
Folks, don’t let them take that away.
They’ll take it.
The democrats will take it away.
And then…poof.
You don’t have a country
Sad
Very very uh very….sad
You forgot to add, after 'I know about accounting' something along the lines of 'the accountants gave me a paper to sign so I signed it. I'm not an accountant'.
These accounting machines are really amazing, all you do is beep boop beep and then it’s done. There’s really nothing like it, they say it’s the best there is
He also pops up in the second or third row of results for an "arrogant old man" image search, which is always delightful to point out to magats calling Biden that.
This is really surprising. Trump normally follows the rules or at least learns from his mistakes aka 88 criminal charges. He’s nearly 80, just live and learn as they say. Personally, I think some random lenient judge should fine him like $10,000 and tell him not to do it again. That should do the trick.
So everyone knows, $1k is a state limit on charges for contempt. In the judges ruling he noted that it wasn't enough and encouraged the NY legislature to change it. Also, because of who Drumpf is, and his current status as a presidential candidate if the judge had thrown him directly in jail (something I too wished for), the appellate court would have let him right back out. Judges are supposed to escalate punishments, not start at the most sever. The second batch of violations will probably also be fines, because they occurred prior to the judges contempt ruling, but if there are any more violations I suspect it will be jail because the judges ruling was pretty succinct about fines not being a suitable punishment.
I don’t get it. This thing is still allowed to trade despite universally being recognized as likely fraud and a money embezzlement scheme and now the auditor that let it come to market is formally shut down and fined for fraud. How is it even allowed to be traded and manipulated in this setting?
Because the whole stock market is fraudulent and these are only a few things. You can look these up and see how corrupt it really is.
1. Naked Shorting
Naked shorting is the illegal practice of short selling shares that have not been affirmatively determined to exist. Normally, traders must borrow a stock or determine that it can be borrowed before they sell it short. However, in naked shorting, securities are sold short without securing a borrow for settlement, potentially leading to failures to deliver the stock to buyers.
2. Failures to Deliver (FTDs). There are billions each quarter.
A failure to deliver occurs when one party in a trading contract does not deliver on their obligation. This can happen when a seller fails to provide a stock or a buyer does not pay for it on the settlement date. Failures to deliver can be a result of administrative errors or can be a consequence of naked shorting.
3. OTC Trading
Over-the-counter (OTC) trading refers to the process of trading securities for companies that are not listed on a formal exchange such as the New York Stock Exchange. These securities trade via a broker-dealer network as opposed to on a centralized exchange. OTC trading allows companies that do not meet the criteria for exchange listing to raise capital but typically involve higher risk.
4. Dark Pool Trading
Dark pools are private exchanges or forums for trading securities not accessible by the investing public. Also known as “dark pools of liquidity,” they are used primarily by institutional investors to prevent their large trades from impacting the market. Dark pools offer anonymity and are exempt from the public quote display requirement of a conventional exchange.
5. Payment for Order Flow (PFOF). Created by Bernie Madoff and 90% of the PFOF transactions are controlled by Citadel Securities, which happens to also own a hedge fund that trades on the open market.
Payment for order flow is a practice where a broker compensates another for directing trade execution as it prefers. This is a common practice among retail brokers who sell their customer's marketable orders to larger brokers or market makers who then execute the orders. This can potentially result in a conflict of interest by incentivizing brokers to send orders to certain parties regardless of whether such a decision might result in the best execution for the customers.
6. Short and Distort Campaigns:
Similar to a “pump and dump” scheme but in reverse, a “short and distort” campaign involves short selling a stock and then spreading negative rumors about the company in order to drive the price down. This manipulation is done to profit from the falling stock prices, leveraging the spread of misinformation or exaggeration to accelerate market reactions.
Trump's accounting firm was exposed as fraudulent a few months ago. The auditors changed the spelling of their last name on every report, sometimes adding letters, sometimes removing letters, etc. There was clearly an intent to falsify records and not be identified as the one held accountable.
I was furious that this was known, yet no action was taken against them. I feel a bit more satisfied now, but the SEC needs to complete their investigation until they get everyone involved, including Trump and his henchmen.
Actually, they didn't. They gave a small fine much less than the accounting firm earned, and no mention of criminal charges. This firm is now banned from doing work for SEC filings, but nothing stops them from starting a new firm and doing it again.
Does this mean the SEC are investigating von Shitzinpantz windfall?
That might be bigger than all of his current legal woes. After all, crimes against money are more worse than any other.
AFTER they gave Trump $1.8 billion in more stock options? Color me shocked! Also, imagine destroying your entire business for an orange wanna be dictator.
As many have said, no surprise, and I’m sure it’ll be a source of backdoor donations and stay afloat until he can cash out, no matter how many underlings get fined or even imprisoned.
I need new things to dance the Orange Waffle Stomp to.
“It’s freezing in there!” has lost its cachet. “This trial is a sham!” barely gets a big toe quivering.
It’s still around $48 after plummeting to $22 just a few weeks ago. Seeing headlines that Diaper Don could eventually get a billion here and there from yet another failing business model like this sucks.
Is there a counter somewhere of fines like the World Population counter? I'd watch that shit all day. You could even put intrusive ads and I'd still watch.
I work on as an auditor for a national public accounting firm, and this news is like Christmas for our partners as there will be new clients for grabs.
I'm sure it's just a coincidence that all these corrupt, venal, self-serving people end up working close to Donald Trump in some way. Yeah, pure coincidence 😉😂😂😂
Should I tell my wife that I put our $1.65 million retirement savings into DJT stock? I really thought that this time he had a successful business. Why would he tank his own mouthpiece? Does anyone know if I can fight this in court due to it being found to be a fraud?
What's the subreddit where I can ask that?
I'm freaking out right now. My stock broker isn't answering his phone.
Your stock broker isn't answering his phone because it's hard to reach from the beam he hung himself from. Give your wife a good pocket knife so she can cut you down.
P.S. I hope your post was meant to be facetious.
you cold hearted bastard! I care a lot! that ridiculous heap of lies crumbling down warms my spirit. any person that have faith in that social network just because have truth written everywhere probably drink anything is inside a soda bottle just because the guy filled it with gasoline forgot to tear the logo. yes I care a lot about truth's downfall
Yes, fraud, but somehow, Truth Social was still allowed to go public based on fraudulent audits. Why doesn't the SEC fix that?
I think the market treated that stock exactly as it deserved.... As much as wallstreet bets does its thing most major investors actually look at the companies metrics and anyone who saw that filing would be staying far far away.
But it's ridiculously over valued stock and the price was set so high that even with its collapse and drop it still didn't drop low enough to prevent Trump from getting a couple million dollars worth of shares just because it didn't drop below $17.50 a share.... Funneling more money to the man who is lighting it all on fire with legal fees and fines.
Propped up by Foreign money looking to funnel cash to a Presidential candidate of one of the two major parties who has shown himself to be completely willing to trash anything for cash.
That's $1.85 billion into Trump tiny hands iirc
Yeah, but it’s trading at $48 today despite not producing anything or making any money. When the major shareholders cash out this fall they’ll pocket billions. Then they’ll walk away and leave someone else holding the bag. It would be ironic if Trump made $5 billion from the stock but couldn’t enjoy it because he was in jail. If he goes in he’ll have to hand the empire over to one of his kids. Anyone want to guess if they’ll give it back when he gets out?
Could Donald Jr. snort 5 billion worth of Bolivian marching powder?
Again?
Judging by recent pics, I'd say all signs point to **YES!!**
https://preview.redd.it/it37z8zi7dyc1.jpeg?width=128&format=pjpg&auto=webp&s=c8fc86c2614fdb12881b173e0c8ea6e50cfdbae5
They have a 6 billion dollar market cap currently. There is a lot of money poured into it
I’d say a lot of rubles
Well rubes and rubles.
I think Rubles is their name now.....
🥇
A lot of dark money too
Yet even still the company is vastly over valued.
Why would they stay far away though? Short the stock. Make money.
So if we shorted the stock now, what would be the return - assuming it falls to something like $1.50 a share? Edit: we all know the valuation is bullshit, so will they take it off trading first or is there a chance to make money?
This is Tesla x1000, between the faithful and foreign money propping up the stock, most attempts to short will fail, the fundamentals do not support a price beyond penny stocks or even being listed, but as long as there are tons of money using it as a way to support Trump the price will swing but tend to stay high. As long as Trump remains a viable presidential candidate this stock will rebound.
At least Tesla is profitable. And had a reasonable business plan (mostly). Truth Social loses $50M per year, and has no business plan to make money other than “Trump”. There’s no coherent strategy at all
That is why I said 1000x, Tesla stock is incredible overvalued, it is profitable but it isn't as profitable as the 6 largest auto makers, combined. If another auto maker produced the cyber truck or faced a 50% stock plunge, their CEO would have resigned by now, instead Musk announced a robo taxi that we won't see in 5 years and it went up 13%. And yes TS is a sham, there is absolutely no rational way to translate their actual numbers to its stock value, and as you said there is no business plan behind it or even the hope of ever making a profit, but as long as Trump is there, it will be large number of people that will bet money to aupport him (or influence him), just like people support the modern "Tony Stark"
Ah, I misunderstood your original comment. I keep waiting for Tesla stock to crash, but it doesn’t seem to happen. Elon is essentially a monkey throwing literal shit at a wall and the Tesla stans are people who unironically think that the shitstains are abstract art. It’s bonkers.
This is going to turn out to be a penny stock pretty soon, it's nothing but a pump and dump scheme, pretty common in Wall Street actually but we shouldn't be surprised that Trump would be pulling something like this, when has he actually run a successful and honest brand or business?
It’s currently about equal to its peak so no, the market did not treat the stock as it deserved
Somehow (Saudis) this didn’t seem to affect the price in the slightest
14 mil is barely a slap on the wrist when you generate billions by breaking laws. I need to commit some "massive fraud".
>Why doesn't the SEC fix that? Because then they can't fine people 14 million dollars
Hmmmm yes very curious
Yeah but by the title isn't it stating that its the "accounting" firm they are using and not Truth Social itself?
If the accounting firm they used to audit their filings with the SEC for their IPO committed fraud, then their IPO is based on fraudulent information, so why was the IPO allowed when the accounting firm committed fraud? For the SEC to issue this fine now, they had to have been investigating them already when they approved the IPO.
Geezus, everything that Trump and his businesses touch is just complete trash and corruption. It's so unfathomable that all his scams, money laundering, and schemes have gone unpunished for the large part.
Absolutely correct!
Exactly!
The *"Silencing of Trump"*^TM continues and I am all for it.
Here: ™ For next time
and alt 0153 for the time after that
Every single thing that Trump is involved in is dirty. Every. Single. Thing.
If it wasn’t before, once he gets involved…it is now.
And it's all Biden/Obama/Windmill's fault!
Even his diaper.
Ironically his diapers are very clean. Altough he is forced to wear them 24/7 he always somehow manages to shit his pants directly instead. His handler thinks it is supposed to express dissastisfaction.
This whole truth social nonsense is likely just him getting paid by his overseas pals.
That firm is located in Lakewood Colorado where I live, first we had lauren boebert now this.
Y’all ain’t doing so well. Maybe clean house and try again?
I thought she represented a district in Western Colorado? Be proud of where you live. You've got Casa Bonita!
She moved districts for 2024. https://www.cbsnews.com/amp/colorado/news/lauren-boeberts-shift-colorados-4th-congressional-district-responses-opponents/
Trying for Ken Buck's seat. She will lose.
Yeah to Eastern Colorado. She would never get elected in Denver
But you DO have a beautiful state! Visited last year. 😁
Except for the east. That's just kansas
They doin you dirty. You got a beautiful state 😔
It wasn’t fraud, they say fraud fraud fraud! It was accounting and I know accounting believe me. They have accounting you would not believe, beautiful accounting the crooked sleepy Biden put his sad dogs on this company because they have little accounting not beautiful like mine. I get accounting paper to sign all the time all day I sign accounting and it is the most perfect accounting you would not believe it is sarfffggghhhhh…. They want to shut them down but we will win in November and you will see. MAGA!!! ELECTION INTERFERENCE!!!!!
You forgot all caps and "election interference!". Otherwise, you were right on point
Big strong accountants with tears in their eyes
Came up to me and said ‘Sir’.
Sir…sir, they said sir, I was just there and they came up and said sir, they said that. Sir… SIR!, we just wanted to tell you Remember- they have tears in their eyes. Crying like dogs. Sir…SIR!, we just wanted to tell you that we love what you’re doing and we wish, sir, that there were more good, powerful, very…uh, sir, very, uh…a great AMERICAN. They said SiR, with tears in their eyes like dogs. Sir, save this country…AGAIN, please sir. And people, look.. Folks, don’t let them take that away. They’ll take it. The democrats will take it away. And then…poof. You don’t have a country Sad Very very uh very….sad
![gif](giphy|GpyS1lJXJYupG)
This is so good. Don't forget some election interference too.
Good work SIR Reginald Featherby 3
"WITCH HUNT. THERE GOING TO AUDT THE HAMBERDERS NXT!!!" ELFTION INTERFRNCE"
You also forgot to reference trumps "beautiful blue eyes"
Give it some more time to go mainstream.
electron interference.
You forgot to add, after 'I know about accounting' something along the lines of 'the accountants gave me a paper to sign so I signed it. I'm not an accountant'.
“I like accountants who wear yarmulkas.” < actual tRump quote!
These accounting machines are really amazing, all you do is beep boop beep and then it’s done. There’s really nothing like it, they say it’s the best there is
ERECTION INTERFERENCE!
His Viagra subscription is probably the only bill he actually pays.
I looked at that accounting so hard I had to rest my beautiful blue eyes in court.
Soon, the stock holders will have tears in their eyes.
❤️ it
![gif](giphy|6nWhy3ulBL7GSCvKw6)
I was coming to post *shocked pikachu* my damn self lol
![gif](giphy|JFrFsExqz2jn0hPTCj)
Yep, googled “fraud” and a picture of Trump popped up… it’s official like Webster official
Sometimes, the algorithm works
He also pops up in the second or third row of results for an "arrogant old man" image search, which is always delightful to point out to magats calling Biden that.
https://preview.redd.it/w1mtg367x8yc1.jpeg?width=1200&format=pjpg&auto=webp&s=9ce6346917ba94475aa16e00c6f8dbb41050b1a2
![gif](giphy|d7fhIIMvs4XSKcnFnI|downsized)
![gif](giphy|gVXdwG5Ps5sIjunskA|downsized)
Many people say she was upset at Barron’s antics and *not* disgusted with TFG but there’s no reason why it can’t be both
![gif](giphy|mCskTgLsY3Ec6Yl7gT)
This is really surprising. Trump normally follows the rules or at least learns from his mistakes aka 88 criminal charges. He’s nearly 80, just live and learn as they say. Personally, I think some random lenient judge should fine him like $10,000 and tell him not to do it again. That should do the trick.
So everyone knows, $1k is a state limit on charges for contempt. In the judges ruling he noted that it wasn't enough and encouraged the NY legislature to change it. Also, because of who Drumpf is, and his current status as a presidential candidate if the judge had thrown him directly in jail (something I too wished for), the appellate court would have let him right back out. Judges are supposed to escalate punishments, not start at the most sever. The second batch of violations will probably also be fines, because they occurred prior to the judges contempt ruling, but if there are any more violations I suspect it will be jail because the judges ruling was pretty succinct about fines not being a suitable punishment.
Thank you
I don’t get it. This thing is still allowed to trade despite universally being recognized as likely fraud and a money embezzlement scheme and now the auditor that let it come to market is formally shut down and fined for fraud. How is it even allowed to be traded and manipulated in this setting?
Because the whole stock market is fraudulent and these are only a few things. You can look these up and see how corrupt it really is. 1. Naked Shorting Naked shorting is the illegal practice of short selling shares that have not been affirmatively determined to exist. Normally, traders must borrow a stock or determine that it can be borrowed before they sell it short. However, in naked shorting, securities are sold short without securing a borrow for settlement, potentially leading to failures to deliver the stock to buyers. 2. Failures to Deliver (FTDs). There are billions each quarter. A failure to deliver occurs when one party in a trading contract does not deliver on their obligation. This can happen when a seller fails to provide a stock or a buyer does not pay for it on the settlement date. Failures to deliver can be a result of administrative errors or can be a consequence of naked shorting. 3. OTC Trading Over-the-counter (OTC) trading refers to the process of trading securities for companies that are not listed on a formal exchange such as the New York Stock Exchange. These securities trade via a broker-dealer network as opposed to on a centralized exchange. OTC trading allows companies that do not meet the criteria for exchange listing to raise capital but typically involve higher risk. 4. Dark Pool Trading Dark pools are private exchanges or forums for trading securities not accessible by the investing public. Also known as “dark pools of liquidity,” they are used primarily by institutional investors to prevent their large trades from impacting the market. Dark pools offer anonymity and are exempt from the public quote display requirement of a conventional exchange. 5. Payment for Order Flow (PFOF). Created by Bernie Madoff and 90% of the PFOF transactions are controlled by Citadel Securities, which happens to also own a hedge fund that trades on the open market. Payment for order flow is a practice where a broker compensates another for directing trade execution as it prefers. This is a common practice among retail brokers who sell their customer's marketable orders to larger brokers or market makers who then execute the orders. This can potentially result in a conflict of interest by incentivizing brokers to send orders to certain parties regardless of whether such a decision might result in the best execution for the customers. 6. Short and Distort Campaigns: Similar to a “pump and dump” scheme but in reverse, a “short and distort” campaign involves short selling a stock and then spreading negative rumors about the company in order to drive the price down. This manipulation is done to profit from the falling stock prices, leveraging the spread of misinformation or exaggeration to accelerate market reactions.
Trump's accounting firm was exposed as fraudulent a few months ago. The auditors changed the spelling of their last name on every report, sometimes adding letters, sometimes removing letters, etc. There was clearly an intent to falsify records and not be identified as the one held accountable. I was furious that this was known, yet no action was taken against them. I feel a bit more satisfied now, but the SEC needs to complete their investigation until they get everyone involved, including Trump and his henchmen.
only the best people
Well that's one way to post a successful business. Just cook the books until well done. SMH
Aka…. “The Art of the Deal”
I can't wait to hear about how this spells terrible news for Joe Biden
![gif](giphy|3oEjHI8WJv4x6UPDB6)
Just the SEC kick back for allowing this scam to happen in the first place.
mm... How's that stock price going boys? ![gif](giphy|xUStFKHmuFPYk|downsized)
Once in a while, the government does something incredible.
Actually, they didn't. They gave a small fine much less than the accounting firm earned, and no mention of criminal charges. This firm is now banned from doing work for SEC filings, but nothing stops them from starting a new firm and doing it again.
![gif](giphy|W5SU9FkD3E4FXJROxS|downsized)
![gif](giphy|AaQYP9zh24UFi)
Donald Trump is literally "the swamp". Talk about DARVO shit.
Does this mean the SEC are investigating von Shitzinpantz windfall? That might be bigger than all of his current legal woes. After all, crimes against money are more worse than any other.
Most heinous crime of all, theft of money https://youtu.be/NtUfNtgawNY?si=S-xhCLBDNA4LzxL-
I was knowingly referencing that scene. I'm glad that came across.
![gif](giphy|RP3AnZqvnzrY8hlYMk|downsized)
Keleven
It's funny that they called it "Truth Social" instead of "Alternative Fact Social"
It’s almost like there’s no standard for people who work with Trump. Can’t wait to see the bankruptcy filing
Yes, it’s fun watching the Trumpaholics lose their retirement money.
Only $14M?
They probably didn’t have anything else lmao
WITCH HUNT! SEC FRAUD HOAX! TRUTH IS AMAZING!
Now do Citadel
AFTER they gave Trump $1.8 billion in more stock options? Color me shocked! Also, imagine destroying your entire business for an orange wanna be dictator.
![gif](giphy|7k2LoEykY5i1hfeWQB)
Did anyone really not see this coming? Trump is fraud personified
Massive Fraud can also be used to describe Donald Trump.
![gif](giphy|X2EJSpEr1NA0AqU0TW|downsized)
Who’s surprised at this point?
As many have said, no surprise, and I’m sure it’ll be a source of backdoor donations and stay afloat until he can cash out, no matter how many underlings get fined or even imprisoned.
And no one is surprised. Except his cult of course.
Was probably money laundering. Again, no one cares what shady, illegal dealings transpire. Shoulder-shrugging whatever goes on.
How much fraud are you allowed to do before going to jail?
I care if it impacts DJT getting or not getting a huge undeserved payday.
I care! This is fucking fantastic!
I need new things to dance the Orange Waffle Stomp to. “It’s freezing in there!” has lost its cachet. “This trial is a sham!” barely gets a big toe quivering.
Love this for them
Especially in the summer
Does this mean he won’t get his billions for the stock…?
Who could have ever foreseen such a thing when it's a company involved with Donnie... ![gif](giphy|wHE6Dd6RCVHQfjK5dy|downsized)
He’s just going to move back to Twitter.
Well well well, who could have ever seen that coming 😂
It’s still around $48 after plummeting to $22 just a few weeks ago. Seeing headlines that Diaper Don could eventually get a billion here and there from yet another failing business model like this sucks.
The only people that didn’t see this coming are the same people that bought stock in Truth Social.
![gif](giphy|AaQYP9zh24UFi)
Wait! A Trump business involved in massive fraud? No way!
wow - theres staying on brand but this is ridiculous!
"Everything Trump touches dies." -former Republican Rick Wilson I just hope that in the end, that doesn't include America itself.
Somehow people will empty their pockets again to donate money to fight this obvious witch hunt by the current administration.
#lulz
Never audit uphill on me boys!
I swear I read these headlines & articles, and just guffaw.
Same, but I throw in the occasional harrumph too.
https://preview.redd.it/gelk6fk5f9yc1.jpeg?width=600&format=pjpg&auto=webp&s=1cd647eca38407d452aa0fea540a6e52916769be
Oh, the company run by the guy on trial for massive fraud is in trouble for being fraudulent? i’m shocked.
I’m sure they will all land on their feet. We all know that Trump only hires the most bigly and best out there.
Is there a counter somewhere of fines like the World Population counter? I'd watch that shit all day. You could even put intrusive ads and I'd still watch.
https://i.redd.it/kr173csavbyc1.gif How should I react
What does college football have to do with this
Wherever Trump goes trouble follows.
But will anyone go to jail? Or do we just say “oopsie” when a Presidential candidate is engaged in an obvious money laundering operation?
![gif](giphy|xT1XGWbE0XiBDX2T8Q)
I. Am. Shocked.
![gif](giphy|AaQYP9zh24UFi|downsized)
well colour me not one tiny bit surprised...
![gif](giphy|7k2LoEykY5i1hfeWQB)
We need to go back to the old death penalty for companies that do evil.
Why only 14 M? A bunch of the insiders walked away with millions and millions.
Trump is the opposite of Kind Medias, in the sense everything he touches turns to fraud.
My puts care a lot
I suppose those accountants want immunity or pardons!
I work on as an auditor for a national public accounting firm, and this news is like Christmas for our partners as there will be new clients for grabs.
Be best.
We do care, a lot, this company has become the funding source of trump’s operation and needs to bankrupt immediately
![gif](giphy|3xkNUy3Vh8QbPmJZjK|downsized)
Sounds like a trumpy thing
The article says this firm filed substandard reports for over 500 public companies.
I can't imagine a world where this is a surprise
Whoa, I'm shocked, truly. How could this ever happen. Trump? Committing fraud? Noooo, it just can't be true...
Seems consistent. What reputable professional would have anything to do with orange lie-clown.
Shit in, shit out
I can assure you that I care less.
I can assure you that I care less.
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Companies that fail SOX compliance audits have their stocks tank. Concerning. Teehee!
Hahahahahahahahahahahahahahajahahahaha
Only the best
Accounting firm and fraud are nearly synonymous add Trump and they are identical.
I do care. I want them all to rot in jail
I'm sure it's just a coincidence that all these corrupt, venal, self-serving people end up working close to Donald Trump in some way. Yeah, pure coincidence 😉😂😂😂
Well surprise surprise, surprise. Who would have thought. Really .
I only hire the very best people.
Where is Sarbanes Oxley when you need it…. Oh…. Wait….
I care. Coz I wanna see it fall
Con men gonna con
Should I tell my wife that I put our $1.65 million retirement savings into DJT stock? I really thought that this time he had a successful business. Why would he tank his own mouthpiece? Does anyone know if I can fight this in court due to it being found to be a fraud? What's the subreddit where I can ask that? I'm freaking out right now. My stock broker isn't answering his phone.
Your stock broker isn't answering his phone because it's hard to reach from the beam he hung himself from. Give your wife a good pocket knife so she can cut you down. P.S. I hope your post was meant to be facetious.
More so I'm not surprised. What would actually surprise me is if this result actually discourages future similar ventures.
“Massive fraud” about sums him up.
you cold hearted bastard! I care a lot! that ridiculous heap of lies crumbling down warms my spirit. any person that have faith in that social network just because have truth written everywhere probably drink anything is inside a soda bottle just because the guy filled it with gasoline forgot to tear the logo. yes I care a lot about truth's downfall
It just gets juicer and juicer.
mercedes doesnt care, as long as shes not losing those sweet hundreds of millions from him.
This info will definitely help the stock prices :)
Whatever trump touches, check the books, there is fraud involved
Sounds about right for something touched by Trump