Trump Media just went off a cliff

| 2:01 pm EDT April 16, 2024
Share with your friends!
BlueskyMessengerPrintRedditSMSThreadsWhatsAppTelegram
We've launched the Palmer Report 2025 Operating Expenses Fund. If we can fully fund this, it'll bridge the gap and ensure that Palmer Report can keep fighting now and forever. I'm asking you to contribute what you can to our GoFundMe Page or our PayPal Page, both of which accept debit and credit cards. Thank you.

Donald Trump is currently sitting in a courtroom while on criminal trial for thirty-four felonies. That’s devastating enough. But because Trump likes to lose on all fronts these days, he’s also getting crushed on the financial front – and not just because his latest updated bond filing is questionable mess.

Trump Media, the business entity that was supposedly somehow magically save Trump from financial collapse, is now in the midst of its own financial collapse. After shares of the company plummeted about 15% yesterday, they’ve plummeted another 15% today.

The shares are now worth only about one-third of what they were worth three weeks ago. Given that Truth Social is a financial disaster, there is every reason to expect these shares to keep plummeting.

In spite of all the contrarian hype on social media about how Trump is going to make out like a bandit even if these shares keep plummeting, the reality is something different. If the share price falls to near-zero before Trump reaches the date where he’s allowed to sell them, he’ll end up with almost nothing.

It's been a tough week, a tough month, a tough year. For all of us. But the fight goes on. Because we know how important this is. Because we care. Because we're the ones who fight. It's you and me. It has been for a decade. And I'm never backing down. But Palmer Report does have operating expenses. And in this uncertain time, I truly need your help. For that reason I've launched the Palmer Report 2025 Operating Expenses Fund. If we can fully fund this, it'll bridge the gap and ensure that Palmer Report can keep fighting now and forever. I'm asking you to contribute what you can to our GoFundMe Page or our PayPal Page, both of which accept debit and credit cards. Thank you.