{"id":42337,"date":"2025-05-27T20:40:03","date_gmt":"2025-05-28T01:40:03","guid":{"rendered":"https:\/\/huewhite.com\/umb\/?p=42337"},"modified":"2025-05-27T20:40:03","modified_gmt":"2025-05-28T01:40:03","slug":"dont-sell-at-the-bottom-ctd-14","status":"publish","type":"post","link":"https:\/\/huewhite.com\/umb\/2025\/05\/27\/dont-sell-at-the-bottom-ctd-14\/","title":{"rendered":"Don\u2019t Sell At The Bottom, Ctd"},"content":{"rendered":"

On a day where the NASDAQ<\/strong><\/em> is up nearly 2.5%, the price of DJT<\/strong><\/em><\/a>, the stock of the company of Donald J. Trump … fell:<\/p>\n

\"\"<\/a><\/p>\n

This five day chart clearly shows shares of DJT dropped 10% today, in contrast with the indices. What went wrong? Bad news?<\/p>\n

How about this<\/a>?<\/p>\n

\n

Trump Media & Technology Group (DJT<\/a>) is doubling down on cryptocurrency, unveiling plans Tuesday to create what it claims will be one of the largest bitcoin treasuries held by any public company.<\/p>\n

The initiative is backed by a $2.5 billion private funding round, with commitments from roughly 50 institutional investors,\u00a0according to a company press release<\/a>. The deal includes $1.5 billion in Trump Media common stock and $1 billion in convertible senior secured notes, set to close on or around May 29.<\/p>\n

Once finalized, the move will place bitcoin directly on Trump Media’s balance sheet, alongside existing cash, cash equivalents, and short-term investments totaling $759 million as of the end of Q1 2025.<\/p>\n<\/blockquote>\n

That’s dated today. It sounds like good news.<\/p>\n

Or are the rumors concerning Walmart<\/strong><\/em> steaks being served at his dinner party for big-time investors in $TRUMP<\/em>, the President’s vehicle of corruption cryptocurrency, true?<\/p>\n

Donald Trump’s exclusive dinner party for investors in his $TRUMP meme coin turned into a spectacle of disappointment, with critics slamming it as an \u201corgy of corruption\u201d and guests complaining about the food and lack of access to the US president.<\/p>\n

Held Thursday evening at Trump National Golf Club in Virginia, the high-profile event gathered 220 crypto investors who collectively poured in $148 million for a chance to meet Trump and dine in style. Instead, many left underwhelmed\u2014by both the meal and the man.<\/p>\n

Social media personality and prankster Nicholas Pinto, who says he invested $360,000 in the memecoin, attended the event and told WIRED and Fortune that it was \u201cthe worst food\u201d he\u2019s ever had at a Trump property. \u201cThe only good thing was the bread and butter,\u201d Pinto added, calling the steak \u201ctrash\u201d and likening it to something bought at Walmart. [The Economic Times, <\/strong><\/em>via MSN<\/a><\/strong>]<\/em><\/p><\/blockquote>\n

Tacky but irrelevant, you mutter? Try adding in his performance in speechifying:<\/p>\n

The president began both speeches by sticking to a script but then veered off course. At West Point on Saturday, his speech went on for over an hour. He attacked diversity, equity, and inclusion programs and said: \u201cThe job of the U.S. Armed Forces is not to host drag shows to transform foreign cultures, or to spread democracy to everybody around the world at the point of a gun,\u201d he said. \u201cThe military’s job is to dominate any foe and annihilate any threat to America, anywhere, anytime, and any place.\u201d (In fact, the mission of the Department of Defense is \u201cto provide the military forces needed to deter war and ensure our nation\u2019s security.\u201d)<\/p>\n

Trump veered off into immigration and a chat about golf, then repeated a story about William Levitt, a real estate developer whose post\u2013World War II housing developments became synonymous with suburbia, that he had told at a 2017 Boy Scout jamboree. On Saturday, Trump talked about Levitt becoming \u201cvery rich, a very rich man, and then he decided to sell. And he sold his company, and he had nothing to do. He ended up getting a divorce, found a new wife. Could you say a trophy wife? I guess we can say a trophy wife. It didn\u2019t work out too well, but it doesn\u2019t\u2014that doesn\u2019t work out too well, I must tell you. A lot of trophy wives. It doesn\u2019t work out. But it made him happy for a little while, at least, but he found a new wife. He sold his little boat, and he got a big yacht, he had one of the biggest yachts anywhere in the world. He moved for a time to Monte Carlo, and he led the good life, and time went by, and he got bored and 15 years later, the company that he sold to called him, and they said, \u2018The housing business is not for us.\u2019 You have to understand when Bill Levitt was hot. When he had momentum, he\u2019d go to the job sites every night, he\u2019d pick up every loose nail, he\u2019d pick up every scrap of wood, if there was a bolt or a screw laying on the ground, he\u2019d pick it up, and he\u2019d use it the next day and putting together a house.\u201d [“<\/em>May 26, 2025<\/a>,” Professor Richardson, <\/em>Letters From An American<\/strong>]<\/em><\/p><\/blockquote>\n

\"\"<\/a>Somewhere else – I regret that I cannot find the link – I read that whitehouse.gov<\/strong> is no longer publishing an index to his speeches. Or maybe his speeches at all.<\/p>\n

His probable dementia is affecting his most effective communications device – his performance art.<\/p>\n

The cryptocurrency folks, the earnest ones, must have been appalled, even terrified, to find themselves in the presence of a leading conman, although how the dementia plays in his harder to say; the rest were, no doubt, trying to figure out how to work the crowd, regardless.<\/p>\n

But these rumors and\/or facts appear to have reached the market, and the thought that Trump Media and Technology Group Corp\u00a0<\/strong><\/em>is buying $2.5 billion worth of bitcoin may be a bit unnerving for larger investors, when the company is under the influence of someone with dementia. Add in the chance that President Putin’s not happy with President Trump and may be manipulating the market to let the price drop ….<\/p>\n

Well. All speculation on my part, I’ll freely admit. Someone make some popcorn for me, eh? I’d feel faint if I owned any DJT<\/strong><\/em>, not because it fell, but because it’s completely unpredictable.<\/p>\n","protected":false},"excerpt":{"rendered":"

On a day where the NASDAQ is up nearly 2.5%, the price of DJT, the stock of the company of Donald J. Trump … fell: This five day chart clearly shows shares of DJT dropped 10% today, in contrast with the indices. What went wrong? Bad news? How about this? \u2026 Continue reading → <\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"nf_dc_page":"","_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-42337","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/huewhite.com\/umb\/wp-json\/wp\/v2\/posts\/42337","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/huewhite.com\/umb\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/huewhite.com\/umb\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/huewhite.com\/umb\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/huewhite.com\/umb\/wp-json\/wp\/v2\/comments?post=42337"}],"version-history":[{"count":3,"href":"https:\/\/huewhite.com\/umb\/wp-json\/wp\/v2\/posts\/42337\/revisions"}],"predecessor-version":[{"id":42342,"href":"https:\/\/huewhite.com\/umb\/wp-json\/wp\/v2\/posts\/42337\/revisions\/42342"}],"wp:attachment":[{"href":"https:\/\/huewhite.com\/umb\/wp-json\/wp\/v2\/media?parent=42337"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/huewhite.com\/umb\/wp-json\/wp\/v2\/categories?post=42337"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/huewhite.com\/umb\/wp-json\/wp\/v2\/tags?post=42337"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}