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pfife

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Posts posted by pfife

  1. Just now, gehringer_2 said:

    True - capital losses are tax deductible, political contributions are not.

    hahaha I was thinking in terms of "at least there's a modicum of chance I could make money if I bought the stock" but this is obviously true as well and also funny

  2. I'm not smart enough to know what that would do to the stock, maybe someone else does, but he'd also have to have buyers and if most people think he's going to raid the company why would they buy what he's selling unless they're just hard core maga (or don't think he's going to raid the company?)

     

  3. Just now, mtutiger said:

    Correct. 

    As a theoretical exercise, it's clear that there's a path to doing it. In actuality, as even the AP article from March states, it's not without complication or without possible legal issues arising from such a move.

    Got it, thanks.   I wasn't sure if you meant you didn't believe there was a process or that there was a process and that he'd leverage it.

    If I had to wager a guess I'd guess he'll raid the **** out of that company day 1 after that lock in period.   

  4. Just now, mtutiger said:

    I read the article at the time, but the excerpt again kinda paints the picture of a process that is complicated and not without legal pitfalls.

    So I'll believe it when I see it.

    Are you saying that you'll believe that he sells within 5 month window when you see it?

  5. This article from AP  describes the process:

    https://apnews.com/article/trump-cash-spac-digital-world-dwac-ce4b055545378ab05d52513ffe2d4d4f?utm_campaign=TrueAnthem&utm_medium=AP&utm_source=Facebook&fbclid=IwZXh0bgNhZW0CMTEAAR0cXqBR4-PAa_0q3DBrIHGjN1v0laR1oul855J76NQ9uVB_jidd__Nkymw_aem_AWqymsnkAY5-rDHfIsLjuHMoLRi7VX2b6r73qsvkfVOcGD9uSysHCeCaHkyDF6CrI9b6J98KQOjh0xYxzuEPew15

     

    Quote

    SO DEFINITELY NO CASH RIGHT AWAY?

     

     

     

    Digital World could waive the lock-up agreement before the deal closes. Or, in what some legal experts say could be a more likely path, the new company’s board could decide to alter the lock-up agreement after the deal closes.

     

    Such a decision by the board could open those directors up to legal scrutiny. They would need to show they’re doing it to benefit shareholders.

     

    But if the value of Trump’s brand is key to the company’s success, and if easing the lock-up agreements could preserve that brand, it could make for a case that would at least spare board members’ lawyers from getting laughed out of court immediately.

     

    Some companies’ boards in the past have altered lock-up agreements to allow investors to sell earlier.

     

     

     

  6. 7 minutes ago, mtutiger said:

    Maybe, although he still can't liquidate any of the shares for five more months, I believe.

    The NPR story said he could sooner if he got approval from the board, which would be basically a rubber stamp b/c it's his family and other trump loyalists.  

  7. 8 minutes ago, mtutiger said:

    That may be part of it.... I also think the polls being more favorable to Trump this time around may be leading to some complacency as well (ie. he's already leading and got it in the bag, why do I need to donate?)

    True.  Another thing I was wondering, although this would be mainly reflected in very recent fundraising numbers but.... NPR had a lil ditty this morning about the Trump stock, and they said that some of his supporters are buying that stock in effort to support Trump.

    Now far be it for me to infer reasoning on Trumpers, but if I was a Trumper and felt compulsion to get my money into his pockets, and my choices are donating or buying stock, I'd buy the stock.   

  8. 8 hours ago, mtutiger said:

    Also, the lackluster fundraising from small donors relative to 2020 during this campaign tells me that there isn't that sort of enthusiasm for Trump this time around.

    Doesn't mean he can't win at the ballot box, obviously....

    I wonder if they're just tapped out for donating to him.   Dude's been asking for money straight since 2015.  I know most of them do it relentlessly but he's taken it to another level.  

  9. When I was listening to coverage earlier they were talking about the witness that was coming up was just there to testify to the authenticity of information on two phones Cohen surrendered to authorities.   These commenter's both said it was something that isn't ever crossed.

    Well.... according to lisa rubin apparently trumps guys did cross examine the witness and....... said the FBI planted info on the phones ?!?!?!?!?!

     

  10. You said Hamas rejected every offer.

    I posted proof that you're wrong. 

    Sorry that happened to you.  You may want to stop listening to media controlled by college kids, it may help you know how to avoid saying categorically false statements

     

  11. 27 minutes ago, Motown Bombers said:

    Hamas has rejected every proposal offered by Israel. When you attack a country and take hostages, it's really on the country that got attacked to come up with acceptable agreement for the aggressor. 

    Here's where you're factually wrong, yet again.

    This can happen when you spend too much time stalking college kids on social media in a Gaza War thread.

     

     

    A temporary ceasefire between Israel and Hamas-led Palestinian militant groups in the Gaza Strip took effect from 24 November 2023 to 30 November 2023, during the Israel–Hamas war.

    The initial agreement, mediated by Qatar, stipulated a four-day break in fighting during which 50 Israeli hostages held in Gaza and 150 Palestinian prisoners in Israel were to be released and more humanitarian aid will be allowed to enter Gaza, with the ceasefire subject to extension providing additional hostages are released.[1][2][3] On 27 November, Qatari Ministry of Foreign Affairs announced a two-day extension to the ceasefire was agreed in which 20 Israelis and 60 Palestinians would be released. Close to the end of the first extension, on 30 November, another one day extension to the truce was agreed upon by both sides.[4][5] The mediators in Qatar and in Egypt reported they worked to negotiate a further extension of the truce.[6]

  12. BTW it's false that hamas has rejected every offer from Israel.   Israel has also accepted deals from Hamas. 

    Not surprised you don't know that, it's about the Gaza War after all.

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