_trump-supporters-double-down-on-trump-media-investments-despite-criminal-conviction-and-warnings-from-wall-street.jpg "Trump Supporters Double Down on Trump Media Investments Despite Criminal Conviction and Warnings from Wall Street from isin shares Video Screenshot Preview")
GalleryPlay Video:
(Note: The default playback of the video is HD VERSION. If your browser is buffering the video slowly, please play the REGULAR MP4 VERSION or Open The Video below for better experience. Thank you!)
⏲ Duration: 0:39
👁 View: 195K times
✓ Published: 04-Jun-2024
👁 View: 195K times
✓ Published: 04-Jun-2024
Description:
Many Trump supporters are holding shares in Trump Media & Technology Group and, in some cases, purchasing more shares, following the former president's recent conviction in New York. Professional investors have warned against investing in TMTG, citing the company's high valuation despite its poor financial performance and the various risks it faces, including Trump's legal troubles and potential electoral outcomes. There is also a risk that Trump could cash out his shares, negatively impacting shareholders. Supporters remain unwavering in their belief in Trump and the potential of Truth Social, despite the risks.
Many Trump supporters are holding shares in Trump Media & Technology Group and, in some cases, purchasing more shares, following the former president's recent conviction in New York. Professional investors have warned against investing in TMTG, citing the company's high valuation despite its poor financial performance and the various risks it faces, including Trump's legal troubles and potential electoral outcomes. There is also a risk that Trump could cash out his shares, negatively impacting shareholders. Supporters remain unwavering in their belief in Trump and the potential of Truth Social, despite the risks.
Share with your friends:
Whatsapp | Viber | Telegram | Line | SMS
Email | Twitter | Reddit | Tumblr | Pinterest
Related Videos
_halle-bailey-124-truth-or-wear-124-who-what-wear.webp "Little Mermaid's Halle Bailey gives us an acapella performance of \")
_playlist-extra-get-to-know-vanessa-mendoza.webp "Musician and teacher Vanessa Mendoza shares her journey in the music industry. Watch her Q&A in this Playlist Extra video.")
_dj-and-producer-crankdat-talks-returning-to-edc.webp "American DJ and producer CRANKDAT shares his excitement about performing at the 2024 Electric Daisy Carnival in Las Vegas, the biggest electronic dance music festival in North America.")
_gamestop-rally-continues-following-return-of-39roaring-kitty39.webp "GameStop Rally , Continues Following Return of, 'Roaring Kitty' .<br/>On June 3, meme stock GameStop rallied on rumors that <br/>Keith Gill, the inspiration for the stock's 2021 short squeeze, <br/>may be holding a significant share of the company..<br/>NBC reports that Gill, otherwise known as Roaring Kitty on YouTube <br/>and X, posted a screenshot of what is believed to be his <br/>extensive GameStop portfolio of common shares and call options. .<br/>NBC reports that Gill, otherwise known as Roaring Kitty on YouTube <br/>and X, posted a screenshot of what is believed to be his <br/>extensive GameStop portfolio of common shares and call options. .<br/>According to the image shared on Reddit's <br/>r/SuperStonk forum, Gill is holding 5 million shares <br/>of GameStop with an estimated worth of $115.7 million. .<br/>According to the image shared on Reddit's <br/>r/SuperStonk forum, Gill is holding 5 million shares <br/>of GameStop with an estimated worth of $115.7 million. .<br/>The post also showed 120,000 call <br/>options with a strike price of $20. .<br/>On May 31, GameStop <br/>shares closed at $23.14.<br/>As a result of Roaring Kitty's post, <br/>shares in GameStop were up almost 84%,<br/>reaching $42.55 in premarket trading.<br/>NBC reports that around the same time as <br/>the Reddit post, Gill also made a cryptic post <br/>on X of a 'Reverse' card from the game 'Uno.'.<br/>NBC reports that around the same time as <br/>the Reddit post, Gill also made a cryptic post <br/>on X of a 'Reverse' card from the game 'Uno.'.<br/>Three weeks ago, Gill's first return to social media <br/>led to an initial rally for GameStop that saw <br/>shares more than double for the month of May.<br/>Three weeks ago, Gill's first return to social media <br/>led to an initial rally for GameStop that saw <br/>shares more than double for the month of May.<br/>In response to the May rally, <br/>GameStop capitalized by raising <br/>over $900 million in a stock sale.<br/>The rally comes as GameStop continues to struggle <br/>amid the transition away from brick-and-mortar <br/>video game stores and towards online gaming. .<br/>The rally comes as GameStop continues to struggle <br/>amid the transition away from brick-and-mortar <br/>video game stores and towards online gaming.")
_major-investors-mount-offense-against-tesla-ceo-elon-musk39s-3658-billion-pay-package.webp "Some institutional investors like CalPERS have rejected Elon Musk's $58 billion compensation package from Tesla and plan to vote against approving it. A proxy advisory firm, Glass Lewis, recommended shareholders vote against approving Musk's pay package, calling it \")
_as-dei-faces-backlash-fearless-fund-co-founder-shares-her-plans-to-continue-fighting-for-equity.webp "On the anniversary of George Floyd’s murder, Ayana Parsons joins Ali Jackson-Jolley with ‘Forbes Talks' to discuss how DEI has been weaponized, and what this means for equity in America.<br/><br/>0:00 Introduction<br/>0:24 Fearless Fund's Origins<br/>4:44 Successes In VC Funding For Black Women<br/>7:58 Lip Bar's Funding Story<br/>9:44 DEI In 2024<br/>15:11 What's Next For Fearless Fund<br/><br/>Subscribe to FORBES: https://www.youtube.com/user/Forbes?sub_confirmation=1<br/><br/>Fuel your success with Forbes. Gain unlimited access to premium journalism, including breaking news, groundbreaking in-depth reported stories, daily digests and more. Plus, members get a front-row seat at members-only events with leading thinkers and doers, access to premium video that can help you get ahead, an ad-light experience, early access to select products including NFT drops and more:<br/><br/>https://account.forbes.com/membership/?utm_source=youtube&utm_medium=display&utm_campaign=growth_non-sub_paid_subscribe_ytdescript<br/><br/>Stay Connected<br/>Forbes newsletters: https://newsletters.editorial.forbes.com<br/>Forbes on Facebook: http://fb.com/forbes<br/>Forbes Video on Twitter: http://www.twitter.com/forbes<br/>Forbes Video on Instagram: http://instagram.com/forbes<br/>More From Forbes:http://forbes.com<br/><br/>Forbes covers the intersection of entrepreneurship, wealth, technology, business and lifestyle with a focus on people and success.")
⏲ 19:27 👁 220K
_gamestop-surges-50-as-speculation-grows-on-keith-gill39s-aka-39roaring-kitty39-massive-position.webp "The meme stock GameStop rallied again Monday on speculation that Keith Gill, the man who inspired 2021's epic short squeeze, could have a huge position in the video game retailer. Shares were last about 50% higher, trading above $34 apiece. Gill, known as Roaring Kitty on YouTube and X, reappeared Sunday night, posting a screenshot suggesting he holds 5 million shares and 120,000 call options in GameStop. Gill's recent return to social media has sparked buying frenzies among amateur traders, leading to a more than doubling GameStop's share price in May alone. GameStop took advantage of this rally by raising over $900 million in a stock sale.")
⏲ 0:45 👁 220K
_people-in-10-the-news-that-defined-the-week-plus-mindy-kaling-joins-us.webp "Bachelorette Trista Sutter speaks out after husband Ryan's cryptic posts, the royal family website deletes Prince Harry’s statement about Meghan Markle, Ayesha & Stephen Curry welcome fourth child, Ryan Phillippe shares photo with ex Reese Witherspoon, and Morgan Wallen gets support from his mom")
_halle-bailey-124-truth-or-wear-124-who-what-wear.jpg)
_playlist-extra-get-to-know-vanessa-mendoza.jpg)
_dj-and-producer-crankdat-talks-returning-to-edc.jpg)
_gamestop-rally-continues-following-return-of-39roaring-kitty39.jpg)
_major-investors-mount-offense-against-tesla-ceo-elon-musk39s-3658-billion-pay-package.jpg)
_as-dei-faces-backlash-fearless-fund-co-founder-shares-her-plans-to-continue-fighting-for-equity.jpg)
_gamestop-surges-50-as-speculation-grows-on-keith-gill39s-aka-39roaring-kitty39-massive-position.jpg)
_people-in-10-the-news-that-defined-the-week-plus-mindy-kaling-joins-us.jpg)
![[+]](/images/menu.gif){kind=small}