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The Trump Card...
- Thread starter muttly
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Trump Loses Convention Ratings Game
Ratings are important to Trump. He frequently mentions his ratings. Regarding the party conventions, Trump lost.
"Viewership of the four-day festivities in Chicago drew an average of 21.8 million viewers, according to Nielsen data, eclipsing the audience of the Republican National Convention by nearly 15 percent." (Source)
Ratings are important to Trump. He frequently mentions his ratings. Regarding the party conventions, Trump lost.
"Viewership of the four-day festivities in Chicago drew an average of 21.8 million viewers, according to Nielsen data, eclipsing the audience of the Republican National Convention by nearly 15 percent." (Source)
Donald Trump Declines Security Briefings for This Surprising Reason
The Republican presidential nominee said he doesn’t want to be blamed for leaking classified information and he will have “plenty of them when I get in.”
www.thedailybeast.com
and here is a link where they outright lie to say Biden is refusing to give him access.
Biden Bars Trump From Receiving Intelligence Briefings, Citing ‘Erratic Behavior’ (Published 2021)
President Biden said there was “no need” for former President Donald J. Trump to get the briefings, traditionally given to ex-presidents as a courtesy and to keep them informed if their advice is needed.
Don’t quite follow. One article from Daily Beast, Trump explains he doesn’t want briefings because, at least partly, he would be wrongly accused of leaking the info.
Donald Trump Declines Security Briefings for This Surprising Reason
The Republican presidential nominee said he doesn’t want to be blamed for leaking classified information and he will have “plenty of them when I get in.”www.thedailybeast.com
and here is a link where they outright lie to say Biden is refusing to give him access.
Biden Bars Trump From Receiving Intelligence Briefings, Citing ‘Erratic Behavior’ (Published 2021)
President Biden said there was “no need” for former President Donald J. Trump to get the briefings, traditionally given to ex-presidents as a courtesy and to keep them informed if their advice is needed.www.nytimes.com
The second article you linked was from the NYTimes that explained that Biden was refusing briefings to Trump because of “erratic behavior”. The reference to Biden refusing to give briefings was mentioned in the Daily Beast article, the Daily Mail link in same Beast article and also the NYTimes link you posted. The NYTimes article is from 2021 when Biden refused to let Trump have briefings.
Where is the lie? Three different articles referenced that Biden refused to give Trump access back in 2021.
The NY Times article is 3 yr-old news and was reported by several different sources, including CBS. It caused a little bit of a stir back then, but was really no big deal. Same with the fact that Trump is refusing security briefings now - who cares? He has staff to handle that, especially since he can't depend on the Secret Service.
Trump's Handlers Trying to Protect Him From His Lack of Self-Control
The Harris campaign just issued a powerful statement in response to Trump's attempt to back out of the ABC debate:
“Our understanding is that Trump’s handlers prefer the muted microphone because they don’t think their candidate can act presidential for 90 minutes on his own. We suspect Trump’s team has not even told their boss about this dispute because it would be too embarrassing to admit they don’t think he can handle himself against Vice President Harris without the benefit of a mute button.”
Please, please, please ... let this debate proceed! It is my fervent hope that Trump will not chicken out.
The Harris campaign just issued a powerful statement in response to Trump's attempt to back out of the ABC debate:
“Our understanding is that Trump’s handlers prefer the muted microphone because they don’t think their candidate can act presidential for 90 minutes on his own. We suspect Trump’s team has not even told their boss about this dispute because it would be too embarrassing to admit they don’t think he can handle himself against Vice President Harris without the benefit of a mute button.”
Please, please, please ... let this debate proceed! It is my fervent hope that Trump will not chicken out.
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That's not a "powerful statement" - it's exactly what we would expect them to say, hypocritical as it may be after Harris chickened out of the Fox debate. Harris wants to debate within the friendly surroundings of ABC which would be hostile to Trump. He would be wise to ditch the biased format ABC would impose and demand the same neutral format CNN provided. Since Biden agreed to it, Harris would find it hard to justify turning it down. However, Harris has more to lose under such circumstances where the moderators ask unbiased, challenging questions. The debate needs to be held, but on a neutral court - not ABC.
Kennedy Cannot Remove His Name From the Ballot in Some States
The states are: Nevada, Michigan, Wisconsin, North Carolina (probably),
Details Here
The states are: Nevada, Michigan, Wisconsin, North Carolina (probably),
Details Here
Of course the Maga multitudes will cry about this when Trump goes down in flames.
More Bad News for Trump Media (DJT) Shareholders
At the moment, DJT stock is priced at $19.70. That's a new post-merger low. The stock has pierced the psychologically important $20 level. A drop below $20 could signal further drops ahead. That whole-round-number phenomenon is not unique to DJT. It's a factor in all stocks.
Two things have developed that are more ominous to the non-insiders who invested in DJT stock; (1) a standby equity purchase agreement, and (2) insider notifications of their intent to sell.
Both developments mean Trump Media and/or its insiders will be flooding the market with a massive quantity of shares, including millions of newly issued shares. Newly issued shares dilute the value of all shares, driving the stock price lower, and stabbing existing shareholders in the back.
"Shares of a company are essentially slices of a pie. If a company wants to raise cash, it can re-slice the pie, creating more slices but making existing slices smaller. The percentage stake of the company represented by each share shrinks. (Source)
About the Yorkville Agreement
On July 3, just as the Jul. 4 long weekend began, Trump Media announced they have entered into an agreement with Yorkville Advisors. It's called a "Standby Equity Purchase Agreement."
The deal is done and investors can expect to see it implemented soon. It works like this:
"Companies like Yorkville that offer such deals are not typically intending to hold on to the stock, experts said. They are playing a version of the middleman role, allowing Trump Media to easily sell shares when it wants to. The basic arrangement works like this: Trump Media has the option to sell Yorkville shares of itself up to $2.5 billion, a significant chunk of its current market value. Yorkville was paid a fee up front, and if Trump Media decides to sell shares, Yorkville will also get a discount — 2.75% — off the market price. Yorkville typically would turn around and immediately sell those shares to other buyers, pocketing the difference. (emphasis mine).
"In the July 3 press release announcing the deal, Trump Media CEO Devin Nunes, the Republican former congressman, suggested any share sale would be used to buy assets to build the company’s business. “We've secured a great deal to guarantee access to additional capital, if necessary, to pursue big strategic opportunities as we look to build out our portfolio by acquiring assets and technologies in the Patriot economy,” he said.
"Xavier Kowalski, a securities lawyer who teaches at the University of Florida, said even if Trump Media didn’t spend the cash it raised building its social media business, “you could think of it as a diversification strategy: diversifying away from Truth Social and into just being a pot of cash.”
"The company would have no obligation to spend the money purchasing an asset. It could distribute cash to shareholders — including Trump — in the form of a dividend, for example." (emphasis mine) (Source)
About the Insider Notifications
As expected and planned, certain Trump Media insiders are going to sell the shares they acquired long before the MAGA dupes jumped in and drove the price higher. They are going to cash out with huge profits at the expense of the dupes. That will happen on or after Sept. 20, when the lockout period ends and these insiders are legally permitted to sell their stock.
Regulations require them to publicly disclose their intent to sell, and they are now doing that. To date, "Trump Media & Technology Group (NASDAQ:DJT) has registered up to 5.1M shares of stock for eventual sale by certain company shareholders." (Source)
Trump himself owns about 60% of the shares. He has not yet signaled his intent to sell. If he did, the stock price would instantly plunge. But as a scam operating in plain view, this is working out quite nicely for Trump ... at the expense of the dupes he conned into buying his DJT stock.
The company itself is not profitable. He betrayed the company by restarting his posts on Twitter (X), leaving Truth Social without the exclusive Trump posts they previously had. The original shares are free money to Trump, at the expense of his MAGA dupes, and now, the additional shares that will be generated by the Yorkville deal will be more of the same.
The Yorkville deal will dilute the value of Trump's shares along with everyone else's, but because Trump essentially got all of his shares for free, it's all cash that goes straight into his pocket. Trump will likely manipulate the stock price with hopeful statements while he simultaneously takes the money and runs; leaving the dupes holding the bag.
At the moment, DJT stock is priced at $19.70. That's a new post-merger low. The stock has pierced the psychologically important $20 level. A drop below $20 could signal further drops ahead. That whole-round-number phenomenon is not unique to DJT. It's a factor in all stocks.
Two things have developed that are more ominous to the non-insiders who invested in DJT stock; (1) a standby equity purchase agreement, and (2) insider notifications of their intent to sell.
Both developments mean Trump Media and/or its insiders will be flooding the market with a massive quantity of shares, including millions of newly issued shares. Newly issued shares dilute the value of all shares, driving the stock price lower, and stabbing existing shareholders in the back.
"Shares of a company are essentially slices of a pie. If a company wants to raise cash, it can re-slice the pie, creating more slices but making existing slices smaller. The percentage stake of the company represented by each share shrinks. (Source)
About the Yorkville Agreement
On July 3, just as the Jul. 4 long weekend began, Trump Media announced they have entered into an agreement with Yorkville Advisors. It's called a "Standby Equity Purchase Agreement."
The deal is done and investors can expect to see it implemented soon. It works like this:
"Companies like Yorkville that offer such deals are not typically intending to hold on to the stock, experts said. They are playing a version of the middleman role, allowing Trump Media to easily sell shares when it wants to. The basic arrangement works like this: Trump Media has the option to sell Yorkville shares of itself up to $2.5 billion, a significant chunk of its current market value. Yorkville was paid a fee up front, and if Trump Media decides to sell shares, Yorkville will also get a discount — 2.75% — off the market price. Yorkville typically would turn around and immediately sell those shares to other buyers, pocketing the difference. (emphasis mine).
"In the July 3 press release announcing the deal, Trump Media CEO Devin Nunes, the Republican former congressman, suggested any share sale would be used to buy assets to build the company’s business. “We've secured a great deal to guarantee access to additional capital, if necessary, to pursue big strategic opportunities as we look to build out our portfolio by acquiring assets and technologies in the Patriot economy,” he said.
"Xavier Kowalski, a securities lawyer who teaches at the University of Florida, said even if Trump Media didn’t spend the cash it raised building its social media business, “you could think of it as a diversification strategy: diversifying away from Truth Social and into just being a pot of cash.”
"The company would have no obligation to spend the money purchasing an asset. It could distribute cash to shareholders — including Trump — in the form of a dividend, for example." (emphasis mine) (Source)
About the Insider Notifications
As expected and planned, certain Trump Media insiders are going to sell the shares they acquired long before the MAGA dupes jumped in and drove the price higher. They are going to cash out with huge profits at the expense of the dupes. That will happen on or after Sept. 20, when the lockout period ends and these insiders are legally permitted to sell their stock.
Regulations require them to publicly disclose their intent to sell, and they are now doing that. To date, "Trump Media & Technology Group (NASDAQ:DJT) has registered up to 5.1M shares of stock for eventual sale by certain company shareholders." (Source)
Trump himself owns about 60% of the shares. He has not yet signaled his intent to sell. If he did, the stock price would instantly plunge. But as a scam operating in plain view, this is working out quite nicely for Trump ... at the expense of the dupes he conned into buying his DJT stock.
The company itself is not profitable. He betrayed the company by restarting his posts on Twitter (X), leaving Truth Social without the exclusive Trump posts they previously had. The original shares are free money to Trump, at the expense of his MAGA dupes, and now, the additional shares that will be generated by the Yorkville deal will be more of the same.
The Yorkville deal will dilute the value of Trump's shares along with everyone else's, but because Trump essentially got all of his shares for free, it's all cash that goes straight into his pocket. Trump will likely manipulate the stock price with hopeful statements while he simultaneously takes the money and runs; leaving the dupes holding the bag.
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Superseding Indictment Filed in Trump Case
As expected, Jack Smith has filed a superseding indictment, which is a response to the US Supreme Court presidential immunity decision. After Smith removed everything pertaining to the "official acts" SCOTUS ruled against, a new grand jury heard the evidence Smith presented and it indicted Trump on the same four charges. The indictment was modified to accommodate SCOTUS and the four charges survived. The new grand jury agreed with the prior one that Trump committed these crimes and should be charged.
Trump remains charged and the case continues. Trump will not be required to physically appear to be arraigned on the new indictment. Smith has agreed that a Zoom appearance will suffice.
Note that the Supreme Court did not dismiss this case. It carved out certain parts of it pertaining to official acts and left the rest intact. This case is continuing and now two grand juries have found the evidence credible. Trump is likely to be found guilty of these crimes and sentenced to prison.
The only way he has to prevent this outcome is to win the election and then direct the DOJ to drop all charges. But he's going to lose the election, which means he loses everything.
abcnews.go.com
As expected, Jack Smith has filed a superseding indictment, which is a response to the US Supreme Court presidential immunity decision. After Smith removed everything pertaining to the "official acts" SCOTUS ruled against, a new grand jury heard the evidence Smith presented and it indicted Trump on the same four charges. The indictment was modified to accommodate SCOTUS and the four charges survived. The new grand jury agreed with the prior one that Trump committed these crimes and should be charged.
Trump remains charged and the case continues. Trump will not be required to physically appear to be arraigned on the new indictment. Smith has agreed that a Zoom appearance will suffice.
Note that the Supreme Court did not dismiss this case. It carved out certain parts of it pertaining to official acts and left the rest intact. This case is continuing and now two grand juries have found the evidence credible. Trump is likely to be found guilty of these crimes and sentenced to prison.
The only way he has to prevent this outcome is to win the election and then direct the DOJ to drop all charges. But he's going to lose the election, which means he loses everything.
Trump charged in superseding indictment in election interference case following SCOTUS ruling
Special counsel Jack Smith has charged former President Donald Trump in a superseding indictment in his federal election interference case.
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