So you are now for lowering bail and other court imposed duties for people who 'can't afford it' right? Hard on (some) crime.
Currently running from Kurt in the "breaking news" channel...
Rampant crime brought to you by the same people who enabled it the last
time around, using the same soft on crime policies they are encouraging
today.
Kurts "hard on crime" if you've got nothing. For his multi-billionaire to have to come up with a $500M bond (not cash...just a bond), the world is upside down. In several cases in NY, corporations (which is where this started) have needed to post bonds over $1B. Trumps reduction is a reflection of the 2-tier system Kurt says he hates... but expects for DJT over and over.
From a buddy of mine who is much more tuned into this stuff:
Additionally, if the stock price stays above $17.50 for a period, there will be about 40million additional shares issued to Trump. This would of course dilute all the other shareholders substantially. Add in the pressure for him to sell as soon as his freeze period ends so he can pay his legal bills and fines and whatever else he can't postpone, and there is going to be some big deviation in this stock. There will eventually be some serious questions for the underwriters, and there will be an army of lawyers that will be fully employed on this for years to come.
He went on to ask me to assure him I was staying away from it - I told him I couldn't afford the puts even if I could find them.
I don't understand capitalism but why would anyone buy the stock from trump if they knew he was selling off a shit-ton of it and the price would be dropping? Then again, why would anyone buy stock in a company with essentially no assets? Why aren't the other stockholders selling off like crazy before their stock gets diluted by issuing additional shares to trump?
I mean unless this is a way for some people to get money to trump when they can't legally just give it to him.
From a buddy of mine who is much more tuned into this stuff:
Additionally, if the stock price stays above $17.50 for a period, there will be about 40million additional shares issued to Trump. This would of course dilute all the other shareholders substantially. Add in the pressure for him to sell as soon as his freeze period ends so he can pay his legal bills and fines and whatever else he can't postpone, and there is going to be some big deviation in this stock. There will eventually be some serious questions for the underwriters, and there will be an army of lawyers that will be fully employed on this for years to come.
He went on to ask me to assure him I was staying away from it - I told him I couldn't afford the puts even if I could find them.
That's why you need a Chik-fil-A. The non-mall CFA's in 2022 averaged $8.6M per location. That's $27.5k per day for their 6-day work week! @$10/meal...that's 2,750 meals a day. Now THAT is a business that should go public.
I miss out on a lot of opportunities because I don't understand them, there is also a lot of money I don't loose with this philosophy.
We're very similar in this regard. Those who make a killing are the ones who forget the losses and do the math on totals...not individual investments. I can't help but look at each.
For the record, I don't like Chick-fil-A. Chipotles near me are very hit or miss in quality, but in terms of value for money, they have quickly climbed in value as everyone else has jacked up prices and they have not.
I don't know about the rest of the country (I think there are fewer than 5,000 nationwide), but in NC they are very popular. Throughout lunch time there are dozens of cars in the drive-thru line for every Chick-fil-A around here, every day (except Sunday of course). Often the lines of cars extend out into the street and block traffic in the right lane.
I think there are about 2,000 non-mall ones. The ones in the mall generate a lot less income (no lines of cars).
The ones near me now have gone to the multi-line, human with an iPad wandering approach. It's pretty impressive to consider the tech and logistics...but I'm not sure it's a lot faster. Cars are still always in the way. Some day soon...I predict the cars will eventually wait side-by-side, not bumper to bumper, and AI will efficiently bag the orders based on the total availability of everything ordered...so the humans don't hold up the orders for 1 and 2 sandwiches while someone "ahead" of you gets 6 of the "hand-crafted" milkshakes.
As someone who has worked in and can't help but consider the process... this stuff is pretty cool.
That's why you need a Chik-fil-A. The non-mall CFA's in 2022 averaged $8.6M per location. That's $27.5k per day for their 6-day work week! @$10/meal...that's 2,750 meals a day. Now THAT is a business that should go public.
I try not to invest in things I don't understand. I don't understand waiting inline in your car for 20 minutes to pay $10 for a chicken sandwich with a pickle on it. I'm actually down for their food, it's fine, but so is a Jack's spicy chicken sandwich and you can get that in less than 5 minutes. I don't get the fanaticism, but I'm not down with their politics either, and that's probably where a lot of the overlap is. I like chipotle burritos too, but when the P/E crossed 30 for burrito shack it stopped making sense to me. I miss out on a lot of opportunities because I don't understand them, there is also a lot of money I don't loose with this philosophy.
That's why you need a Chik-fil-A. The non-mall CFA's in 2022 averaged $8.6M per location. That's $27.5k per day for their 6-day work week! @$10/meal...that's 2,750 meals a day. Now THAT is a business that should go public.
I don't know about the rest of the country (I think there are fewer than 5,000 nationwide), but in NC they are very popular. Throughout lunch time there are dozens of cars in the drive-thru line for every Chick-fil-A around here, every day (except Sunday of course). Often the lines of cars extend out into the street and block traffic in the right lane.
for a reference point, the average McDonalds store location has just under 3 million a year in revenue.
That's why you need a Chik-fil-A. The non-mall CFA's in 2022 averaged $8.6M per location. That's $27.5k per day for their 6-day work week! @$10/meal...that's 2,750 meals a day. Now THAT is a business that should go public.
It's a meme stock right now, which is dangerous to bet one way or the other.
If it does grow membership say by 15x...it could support the value. Is that really unbelievable given how many millions will vote for him...and others interested in watching the train wreck?
I'm sure there is a lock up period, so will be at least 6 months for this to play before he can start to monetize any potential gains.
Arms length numbers here (not that any of it matters because as you said it's a meme, so the numbers don't mean much). if you base your valuation on $10 per user, and they grow their 5 million users by 15X that's still a sub 1 billion dollar valuation. 15X is not unreasonable if you assume ~ 300million Americans and his solid grasp on 30% of them (apparently - it's really 30% of voters, but who knows how that translates out further). But a lot of those supporters are older and not really the 'social media savy' kind of users that truth social needs. I also doubt that TS has the gobal reach or twitter/FB/Etc. So his user base is pretty fixed, his users aren't tuned to his market, and 15X growth only gets him to 10% of his current valuation. Okay, maybe he's a business genius with a track record in turning around floundering companies, and he's known to never have squandered a dollar. It's not like he bankrupted a money printing machine like a casino right?