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Trump Media

 Trading around $20 a share is amazing that its still that high considering the December numbers that came out.   revenues are flat at one million, and expenses are around $40.   So far nothing that the management has proposed has had any success.  Rumours are that they spend nearly $100 million on a media platform of some kind, but no serious (or otherwise) third party has mentioned any activities with the group.  

The company has been less than clear as to its plans, and so far the SEC has left them alone, mainly because they probably perceive this trade as politically protected.   It's not that the managers are crooks, they are simply incompetent and expensive.    

Stories emerged that the management team is paid nearly 25 million a year in compensation, for a company that generated about a million dollars in revenues a quarter with no obvious growth opportunity.  Trump's stake in the firm has gone from about $5 billion to just over $2 billion.  which remains amazing for a company with virtually no sales (about 5 million a year) and operating losses.



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