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Apr 30th, 2024, 08:44 AM
#81
Re: Truth Social
I like irreligion. If somebody had to put me into a category, they'd place me as a Unitarian, as that's the only church I have ever attended, but only once a year, and even then it has been decades. That would mean that I'd roll up into the larger category of Protestant, and into the even larger category of Christian, but the reality is that Null is a better answer.
Religion is just a label if the person never participates and are only being categorized by whatever group they were last not participating in.
My usual boring signature: Nothing
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Apr 30th, 2024, 09:27 AM
#82
Re: Truth Social
Well if you have been baptized then you cannot scratch that wound, you are a Christian, choosing to be an Atheist is you choice of course but you will burn in hell. You might be able to change religion but that will probably make it worse, burning in 2 hells. One for change religion one for a sinner entering a religion. I'm not sure if you can be baptized as a nullist.
I can understand Atheism but I can't understand an Atheist mocking or irritate people that want to believe. Also I assume any Atheist have got in a situation a surprise and accident or irritation that shouted GOD! or GOD dammit! or something. I don't suppose they shouted Null!, or, Null dammit! But I wouldn't really care to pick on an Atheist as long I don't get picked to be a Christian.....Fkn Atheists....!
Also VBForums can change to US Atheist corner or something, just saying
ἄνδρα μοι ἔννεπε, μοῦσα, πολύτροπον, ὃς μάλα πολλὰ
πλάγχθη, ἐπεὶ Τροίης ἱερὸν πτολίεθρον ἔπερσεν·
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Apr 30th, 2024, 10:37 AM
#83
Re: Truth Social
Atheist is only one member here. Heck, I didn't think he had been posting much, of late, but I see he posted just couple weeks back.
I don't think I was baptized. I mean, that's what they told me, and they did dump me in the river, but why was I tied to a rock?
My usual boring signature: Nothing
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Apr 30th, 2024, 11:03 AM
#84
Re: Truth Social
Ah that is nice. We can skin you cook your skin and we then can fly (get the reference?).
In Greece Atheist are the Woke'rs and many Communist. I don't think we have many Atheists or they do not declare it so any Wiki numbers are false ( I mean 14% , that is unreal).
I know at least 2 member here now!
ἄνδρα μοι ἔννεπε, μοῦσα, πολύτροπον, ὃς μάλα πολλὰ
πλάγχθη, ἐπεὶ Τροίης ἱερὸν πτολίεθρον ἔπερσεν·
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Apr 30th, 2024, 12:59 PM
#85
Re: Truth Social
I don't think I was baptized. I mean, that's what they told me, and they did dump me in the river, but why was I tied to a rock?
I didn't mind the rock but being in that bag with all those cats sucked.
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Apr 30th, 2024, 07:10 PM
#86
Re: Truth Social
Well, let me see if I can unpack that...
Well if you have been baptized then you cannot scratch that wound, you are a Christian,
I was baptized but I am not a Christian. Where do we go from there?
choosing to be an Atheist is you choice of course but you will burn in hell.
That is stupid, there is no hell.
You might be able to change religion but that will probably make it worse, burning in 2 hells. One for change religion one for a sinner entering a religion. I'm not sure if you can be baptized as a nullist.
I couldn't find a defition for "nullist" so I'll defer answering.
I can understand Atheism but I can't understand an Atheist mocking or irritate people that want to believe.
Because you don't se the stupidity in believing in gods.
Also I assume any Atheist have got in a situation a surprise and accident or irritation that shouted GOD! or GOD dammit! or something. I don't suppose they shouted Null!, or, Null dammit! But I wouldn't really care to pick on an Atheist as long I don't get picked to be a Christian.....Fkn Atheists....!
I don't argue with childish things lie that other than "I know you are but what am I". That might translate well...you argue like a child.
Also VBForums can change to US Atheist corner or something, just saying
.
Is that like bring back Niya?
You are easy, I wouldn't even waste my time saying things like that to serious posters. I just lie posting back and forth at a childish level. It is fun...
Last edited by TysonLPrice; Apr 30th, 2024 at 07:15 PM.
Please remember next time...elections matter!
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May 1st, 2024, 02:20 AM
#87
Re: Truth Social
Ohhh, it's the crapmaster debunking my jokes. Whosa good little crapmaster , whosaaa good litle crapmaster, heeere boy!
I got a question tho. If there is no hell and no Satan then why you acted like a maddened old goon when I called you Satan in the 666 thread? By your definition I called you a "nothing" so why the ravish?
P.S. nullist is nihilist , I just "C#" it since we are at this forum, I guess a bad joke since the crapmaster don't approve, lol.
ἄνδρα μοι ἔννεπε, μοῦσα, πολύτροπον, ὃς μάλα πολλὰ
πλάγχθη, ἐπεὶ Τροίης ἱερὸν πτολίεθρον ἔπερσεν·
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May 1st, 2024, 03:27 AM
#88
Re: Truth Social
Originally Posted by sapator
Ohhh, it's the crapmaster debunking my jokes. Whosa good little crapmaster , whosaaa good litle crapmaster, heeere boy!
I got a question tho. If there is no hell and no Satan then why you acted like a maddened old goon when I called you Satan in the 666 thread? By your definition I called you a "nothing" so why the ravish?
P.S. nullist is nihilist , I just "C#" it since we are at this forum, I guess a bad joke since the crapmaster don't approve, lol.
I really curious how old you are?
Please remember next time...elections matter!
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May 1st, 2024, 03:30 AM
#89
Re: Truth Social
That was on another thread establishing and resolve that you are 5 and I'm 11. No need to go into circles.
ἄνδρα μοι ἔννεπε, μοῦσα, πολύτροπον, ὃς μάλα πολλὰ
πλάγχθη, ἐπεὶ Τροίης ἱερὸν πτολίεθρον ἔπερσεν·
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May 1st, 2024, 12:44 PM
#90
Re: Truth Social
Well, TS has quietly went back up and is close to the original offering price. That's a pretty good rebound after falling @ 50% off the original price. That surprises me but then again I'm surprised anyone would buy that stock in the first place.
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May 1st, 2024, 12:58 PM
#91
Re: Truth Social
Originally Posted by sapator
Well if you have been baptized then you cannot scratch that wound, you are a Christian, choosing to be an Atheist is you choice of course but you will burn in hell. You might be able to change religion but that will probably make it worse, burning in 2 hells. One for change religion one for a sinner entering a religion.
Two hells. If you believe a baptised person has an ingrained or inherent connection to Christianity that they cannot escape, regardless of their current beliefs, how could they go to hell? I'm sure a good number of them practice the ten commandments without referencing the bible.
Originally Posted by sapator
Also I assume any Atheist have got in a situation a surprise and accident or irritation that shouted GOD! or GOD dammit!
It is funny hearing a atheist shout "Oh my God", but if they were baptised, they're good. They're going to their grave a Christian.
Last edited by Peter Porter; May 1st, 2024 at 01:01 PM.
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May 1st, 2024, 03:09 PM
#92
Re: Truth Social
There is the split hell paradox. A Christian going to hell because he changed religion and the , let's say new xx religion person going to that xx religion hell because he two times his religion.
I suppose I can imagine an Atheist finding out that he has been baptized, dropping on his back like a turtle moving both arms and legs shouting, "Whyyy! Whyyy God! Err, I mean why, null!!
ἄνδρα μοι ἔννεπε, μοῦσα, πολύτροπον, ὃς μάλα πολλὰ
πλάγχθη, ἐπεὶ Τροίης ἱερὸν πτολίεθρον ἔπερσεν·
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Aug 27th, 2024, 01:06 PM
#93
Re: Truth Social
I saw the they plan to sale more of this stock. https://seekingalpha.com/news/414382...ale-stock-dips
Considering the stock is down @ 60% from the opening price, what if no one wants to buy it???
Also, what if you own this stock and want to sale it. Who buys it back??
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Aug 27th, 2024, 03:06 PM
#94
Re: Truth Social
This was always a risk with this stock. The fundamentals aren't there, so the reason the stock is staying as high as it has, is probably due to Trump himself. People are buying the stock as a meme stock, rather than as an investment. One thing that means is that there will likely be buyers, but another thing that means is that if Trump were to divest, the stock would become worthless.
It's an interesting problem, and one that I am content to watch from the sidelines.
My usual boring signature: Nothing
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Aug 27th, 2024, 03:39 PM
#95
Re: Truth Social
Originally Posted by Shaggy Hiker
This was always a risk with this stock. The fundamentals aren't there, so the reason the stock is staying as high as it has, is probably due to Trump himself. People are buying the stock as a meme stock, rather than as an investment. One thing that means is that there will likely be buyers, but another thing that means is that if Trump were to divest, the stock would become worthless.
It's an interesting problem, and one that I am content to watch from the sidelines.
So basically if no wants to buy it, then it's worthless??
Companies like this always confuse me. They never turn a profit, for years they lose millions but somehow they are still in business. Who's paying the bills?? Where does all the money come from. Loans?? Who would loan a company like that money?
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Aug 27th, 2024, 05:28 PM
#96
Re: Truth Social
To some extent, the money comes from the ether. If you have 100 shares of SomeStock, and SomeStock is currently trading at $20/share, then you have $2000 worth of stock. If people start buying up any available shares of SomeStock, then they might be willing to pay $25 for a share, in which case the share price has gone up and you now have $2500 worth of stock. Where did that $500 come from? Well....nowhere. The value of your holdings went up.
For Truth Social stock, the stock would be worthless based on the fundamentals. It's a tiny network worth darn near nothing, and losing money steadily. On the fundamentals, it's a penny stock at best. However, if shares show up, there are people willing to pay a bunch of money for it, and willing to bid against each other for the right to pay a bunch of money for it. It has value because people are willing to pay for it, not for any other reason, which means it's essentially vapor. Not all stocks are vapor, because some pay dividends and so on, such that they have measurable value, but stocks backed by a company that appears to have no value...is vapor.
In theory, a share is a share of the ownership of a company. If that company is worth nothing, then the share should be worth nothing. The value of Truth Social, divided across the number of shares of stock outstanding, is probably nearly $0.00.
My usual boring signature: Nothing
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Aug 28th, 2024, 01:28 PM
#97
Re: Truth Social
That ether is evaporating. Just saw the stock has dipped below $20.
Got to be a bad feeling if your one of the initial investors how has been paying all the bills for the last 4yrs. I got a feeling if Trump loses the election, Truth Social will probably go belly up.
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Aug 28th, 2024, 04:11 PM
#98
Re: Truth Social
It might anyways. When he got those shares he had a hold for several months before he was able to sell. That hold has expired, and he's selling. How much will he sell and how fast? He's the value in the stock. If he sells enough, the stock is toast.
Correction: The lock has yet to expire, but it will as soon as mid-September.
My usual boring signature: Nothing
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Aug 28th, 2024, 05:01 PM
#99
Re: Truth Social
I read an article that TS is trying to get permission to release @ $2.5bln worth of stock to some investment firm that's willing to buy it. That boggles my mind. How can an investment firm think that's a good investment.
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Aug 28th, 2024, 10:15 PM
#100
Re: Truth Social
reddit has an actual user base. Truth social barely has one and is losing members each month. Even the founder, Trump, is starting to post on X. Once he dumps the platform, it's over with. Stock analysts say the stock legitimately should be valued at about a dollar a share. It's currently valued at 20x that, but to put this in perspective, it had an ipo of about $50. It's worth significantly less than it was.
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Aug 28th, 2024, 11:08 PM
#101
Re: Truth Social
Originally Posted by Lord Orwell
reddit has an actual user base. Truth social barely has one and is losing members each month. Even the founder, Trump, is starting to post on X. Once he dumps the platform, it's over with. Stock analysts say the stock legitimately should be valued at about a dollar a share. It's currently valued at 20x that, but to put this in perspective, it had an ipo of about $50. It's worth significantly less than it was.
I agree, that's why it's so baffling that an investment firm would want to buy $2.5bln of their shares. I can't see an upside to this stock. Hopefully they're smarter than me.
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Aug 29th, 2024, 03:27 AM
#102
Re: Truth Social
Originally Posted by wes4dbt
I agree, that's why it's so baffling that an investment firm would want to buy $2.5bln of their shares. I can't see an upside to this stock. Hopefully they're smarter than me.
Maybe they are betting he will win the election, then he can do things to make it valuable. Maybe replace Radio Free Europe with it
Or maybe instead of National Public Radio it can be National Truth or something.
Please remember next time...elections matter!
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Aug 29th, 2024, 03:57 AM
#103
Re: Truth Social
Setting aside Truth Social for a second, tech stocks do have a tendency to bubble. That's because they're quite hard to predict, mostly fail but, when they do succeed, tend to succeed big. If you invested in a dozen Theranoses (or whatever the plural of Theranos is) and one Uber or Amazon, you'd still be riding high right now. Early investors in tech stocks are taking a long shot punt that, if it pays off, will pay off big.
Truth Social is different because it's both a tech and a meme stock so the two are multiplying each other (or were, at least). In addition to that, I have a sneaky suspicion that some large players are using it as a way to funnel funds to Trump and his campaign while avoid rules around donations. I have no evidence for that but it seems like a fairly obvious thing you'd do if you were so motivated.
Last edited by FunkyDexter; Aug 29th, 2024 at 09:02 AM.
The best argument against democracy is a five minute conversation with the average voter - Winston Churchill
Hadoop actually sounds more like the way they greet each other in Yorkshire - Inferrd
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Aug 29th, 2024, 05:07 AM
#104
Re: Truth Social
Originally Posted by FunkyDexter
Setting aside Truth Social for a second, tech stocks do have a tendency to bubble. That's because they're quite hard to predict, mostly fail but when, they do succeed, tend to succeed big. If you invested in a dozen Theranoses (or whatever the plural of Theranos is) and one Uber or Amazon, you'd still be riding high right now. Early investors in tech stocks are taking a long shot punt that, if it pays off, will pay off big.
Truth Social is different because it's both a tech and a meme stock so the two are multiplying each other (or were, at least). In addition to that, I have a sneaky suspicion that some large players are using it as a way to funnel funds to Trump and his campaign while avoid rules around donations. I have no evidence for that but it seems like a fairly obvious thing you'd do if you were so motivated.
I do not mean this personally, not at all, you just reminded me of a Fox news tactic they use all the time. They regularly say something off the wall and negative about a democrat and follow it right up with the equivalent of " I have no evidence for that but it seems like a fairly obvious thing you'd do if you were so motivated."
We all do that a a matter of casual conversation but Fox "news" turned it into a powerful weapon. They make the most outrageous claims and then follow-up with a disclaimer just like that.
Please remember next time...elections matter!
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Aug 29th, 2024, 08:15 AM
#105
Re: Truth Social
Yeah, I did think that as I posted it which is why I went out of my way to highlight that I was doing it. I did try to be honest about my disingenuousness. For clarity, I don't think funnelling funds by this particular back door is something that the Left is above. Pretty sure they'd do the same without a second thought and it's an obvious trick to exploit. But at the moment it's only Team Trump that has the mechanism available.
Fox "news" turned it into a powerful weapon
...that and "asking questions". Something our own Nigel Farage just embraced while stoking a plausibly deniable riot. Sound familiar?
Last edited by FunkyDexter; Aug 29th, 2024 at 08:18 AM.
The best argument against democracy is a five minute conversation with the average voter - Winston Churchill
Hadoop actually sounds more like the way they greet each other in Yorkshire - Inferrd
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Aug 29th, 2024, 09:38 AM
#106
Re: Truth Social
Originally Posted by FunkyDexter
Yeah, I did think that as I posted it which is why I went out of my way to highlight that I was doing it. I did try to be honest about my disingenuousness . For clarity, I don't think funnelling funds by this particular back door is something that the Left is above. Pretty sure they'd do the same without a second thought and it's an obvious trick to exploit. But at the moment it's only Team Trump that has the mechanism available.
...that and "asking questions". Something our own Nigel Farage just embraced while stoking a plausibly deniable riot. Sound familiar?
There is a saying a lawyer should never ask a witness a question the lawyer doesn't already know the answer to. Fox made art out of that too. I can answer every question they ask in an interview before it is answered just by how they asked the question. Kind of takes the fun out of it.
Please remember next time...elections matter!
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Aug 29th, 2024, 09:56 AM
#107
Re: Truth Social
I don't see how this could really funnel money to Trump. It does make his shares more valuable, but if the stock price continues its downward slide, then all it really does is burn up cash for no noticeable gain.
I didn't look into that $2.5 billion, but I got the impression that it was new stock, and it pretty much has to be, since Trump has over 50% of the stock, and it is worth a reported $2.2 billion, so that $2.5 billion would have to be over half the stock, while Trump also has over half. Therefore, it must be new stock.
What that would do would be to dilute all existing shares, which is likely to reduce the value of every share, thereby removing money from Trump rather than increasing his net worth.
It doesn't add up, to me.
As to why they are doing the sale: They get $2.5 billion, and since they are losing money as fast as they can, they need it. Why would the company buy? I have no idea.
My usual boring signature: Nothing
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Aug 29th, 2024, 10:49 AM
#108
Re: Truth Social
I don't see how this could really funnel money to Trump.
It gets money to him if it increases the value at the point he cashes out. The assumption is that it's a pump and dump in which interested parties are willing to do the pumping for him. I'm talking purely about large interested parties buying stock knowing they're doing so above it's real value rather than about the new stock issue.
As for whether the issue is new or existing stock, I believe it's new but I'm not sure. If it's new stock it's effect is to take value out of the existing investors pockets and put it into Trump Media's because, as you said, it dilutes the existing stock investors (including Trump, assuming he holds any directly) hold. Since the new stock is owned by Trump Media until its subsequently sold, the value of the new stock now resides with Trump Media.
The best argument against democracy is a five minute conversation with the average voter - Winston Churchill
Hadoop actually sounds more like the way they greet each other in Yorkshire - Inferrd
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Aug 29th, 2024, 12:34 PM
#109
Re: Truth Social
Trump owns something like 114 million shares, from what I read. I believe that is him personally, not through a corporation.
My usual boring signature: Nothing
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Aug 29th, 2024, 01:23 PM
#110
Re: Truth Social
This is the article https://www.cnbc.com/2024/08/28/djt-...irst-time.html
The last part contains the sold sale info.
It does sound like new issue and they even acknowledge it would dilute the stock price.
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Aug 29th, 2024, 02:15 PM
#111
Re: Truth Social
I've been reading up on how otherwise intelligent people can possibly support Trump. My gut feeling has always been that it wasn't so much Trump but they just can't support a democrat, but I want to dig a little deeper.
Here is an article I came across that has an interesting theory. There isn't just one reason people support Trump/republicans but this seems like a good theory.
https://www.theguardian.com/commenti...ure-republican
Here is a brief explanation of “intrinsic” and “extrinsic” personalities if you don't want to pull up the link:
Some psychologists believe our values tend to cluster around certain poles, described as “intrinsic” and “extrinsic”. People with a strong set of intrinsic values are inclined towards empathy, intimacy and self-acceptance. They tend to be open to challenge and change, interested in universal rights and equality, and protective of other people and the living world.
People at the extrinsic end of the spectrum are more attracted to prestige, status, image, fame, power and wealth. They are strongly motivated by the prospect of individual reward and praise. They are more likely to objectify and exploit other people, to behave rudely and aggressively and to dismiss social and environmental impacts. They have little interest in cooperation or community. People with a strong set of extrinsic values are more likely to suffer from frustration, dissatisfaction, stress, anxiety, anger and compulsive behavior.
I think you could swap “intrinsic” and “extrinsic” with "Democrat" and "Republican"...
Last edited by TysonLPrice; Aug 29th, 2024 at 02:21 PM.
Please remember next time...elections matter!
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Aug 29th, 2024, 04:32 PM
#112
Re: Truth Social
Well, you could now, but not so much a decade ago, which is causing a bit of consternation.
As TG pointed out a while back (and possibly in a different thread), Republicans and Democrats have swapped positions at various times. Sometimes, they swap positions on single issues, sometimes on large swaths of positions such that progressive and conservative switch parties.
I feel that we're in some kind of realignment, at the moment, though where it will end up isn't so clear. After all, the Republican party was the result of one such realignment, so a new party is entirely possible, though not all that likely.
My usual boring signature: Nothing
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Aug 29th, 2024, 04:43 PM
#113
Re: Truth Social
I feel that we're in some kind of realignment, at the moment, though where it will end up isn't so clear. After all, the Republican party was the result of one such realignment, so a new party is entirely possible, though not all that likely.
It would be interesting if the Independents got organized and dedicated to their candidate. They are the largest party so that could be the end to our current two party system.
Like you said, not likely. Though I don't know why.
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Aug 30th, 2024, 08:03 AM
#114
Re: Truth Social
Because the independents aren't independent. A large number of them are conservatives who don't want to register Republican, or progressives who don't want to register Democrat. Split ticket voters are the true independents, and even there most of them probably lean consistently one way or the other. If that's the case, then the independents aren't a sufficiently cohesive group to be a party.
My usual boring signature: Nothing
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Aug 30th, 2024, 11:27 AM
#115
Re: Truth Social
Originally Posted by Shaggy Hiker
Because the independents aren't independent. A large number of them are conservatives who don't want to register Republican, or progressives who don't want to register Democrat. Split ticket voters are the true independents, and even there most of them probably lean consistently one way or the other. If that's the case, then the independents aren't a sufficiently cohesive group to be a party.
That's seems like a fair assessment. I know through the years I've been all three at one time or another.
Maybe if they changed their name to the Moderate Party they could form a strong enough group. It sure would be nice to get away from this good guy, bad guy mentality.
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Sep 5th, 2024, 03:36 AM
#116
Re: Truth Social
Stock plunge wipes out Trump Media’s extraordinary market gains:
Truth Social shares closed below $17 on Wednesday, reversing all gains since the company’s rapid rise from January
https://www.theguardian.com/business...edia-djt-stock
Please remember next time...elections matter!
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Sep 5th, 2024, 12:57 PM
#117
Re: Truth Social
There's some kind of trigger that gets tripped if the price falls below $12/share, though I forget what it was. It's something like an early out from the lockup, or an extensions, or something like that. While the price has been working steadily downwards, dropping below that threshold by the end of the month seems unlikely.
My usual boring signature: Nothing
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Sep 5th, 2024, 01:23 PM
#118
Re: Truth Social
Originally Posted by Shaggy Hiker
There's some kind of trigger that gets tripped if the price falls below $12/share, though I forget what it was. It's something like an early out from the lockup, or an extensions, or something like that. While the price has been working steadily downwards, dropping below that threshold by the end of the month seems unlikely.
He will still do OK. From the link:
While his majority stake in the firm is still worth some $2bn on paper, its value has fallen dramatically from $4.9bn in March.
Please remember next time...elections matter!
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Sep 5th, 2024, 01:38 PM
#119
Re: Truth Social
Originally Posted by TysonLPrice
He will still do OK. From the link:
While his majority stake in the firm is still worth some $2bn on paper, its value has fallen dramatically from $4.9bn in March.
Yeah, I believe he has something like 117million shares so even if it drops to a dollar, that's a lot of money. My guess is that he hasn't invested any of his money, so that's all profit.
Though I still can't figure out who is going to buy his stock when he sells.
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Sep 5th, 2024, 06:05 PM
#120
Re: Truth Social
Though I still can't figure out who is going to buy his stock when he sells.
The same morons that are going to vote for him again....
Please remember next time...elections matter!
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