DJT Stock : NASDAQ > NYSE ??? This Nonsense Makes No Cents

DJT STOCK : Volatility : NASDAQ Briefly Halts Trading : YAHOO Finance Posts

DEC 2024 Forecast : CALL RM

In The Beginning SINCE TIME BEGAN : Caveat : Forward Thinking Statement : Caveat : IN TRUTH WE TRUST Until Tomorrow

GOOD DAY

SEP 16TH, 2024 2024

12507091809 : SQYX : 12507091809

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TAKING STOCK

Yes, it is possible for DJT stock (Trump Media & Technology Group) to move from the Nasdaq to the New York Stock Exchange (NYSE). However, it’s important to note that both exchanges follow the same SEC rules regarding trading halts and other regulations (1) (2). So, moving the stock to the NYSE wouldn’t necessarily change how trading halts are handled.

The NASDAQ delists a stock if it fails to meet certain criteria for a specified period. Here are some key points:

Minimum Share Price: The stock must maintain a minimum closing bid price of $1.00. If it trades below this for 30 consecutive business days, the company receives a deficiency notice1 2.
Market Value: The company must maintain a minimum market value of publicly held shares, typically at least $1 million1.
Shareholders’ Equity: The company must have shareholders’ equity of at least $10 million or meet other financial criteria such as total assets or total revenue of at least $50 million 3 4.
Number of Shareholders: The company must have a minimum number of shareholders, usually at least 4003.

If a company receives a deficiency notice, it has 90 days (or 180 days for a sub-$1.00 share price) to regain compliance. If it fails to do so, NASDAQ will send a delisting letter, and the company can appeal the decision (1) (2).

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Bloomberg Mercer / Trump Backgrounder

FOLLOW THE LINKS : THE CONNECTORS

Robert Mercer is an American hedge fund manager, computer scientist, and political donor. He was born on July 11, 1946, in San Jose, California1. Mercer is known for his work in artificial intelligence and was a co-CEO of the hedge fund company Renaissance Technologies (1) (2).

Mercer has been a significant figure in political funding, particularly for right-wing causes in the United States. He played a controversial role in the campaign for the United Kingdom to leave the European Union and was a major funder of organizations like Breitbart News and the now-defunct Cambridge Analytica (1) (2). He also supported Donald Trump’s 2016 presidential campaign (1).

In 2017, Mercer announced he would step down from Renaissance Technologies and sell his stake in Breitbart News to his daughters (1). He was also involved in a large tax settlement in 2021, where he and other executives at Renaissance Technologies were ordered to pay up to $7 billion in back taxes (1).

Robert Mercer, a reclusive billionaire and former co-CEO of Renaissance Technologies, has been a significant figure in American politics, particularly within conservative circles. His political agenda can be summarized as follows:

Support for Conservative Causes: Mercer has been a major donor to conservative political campaigns and causes. He has funded various Republican candidates and organizations, including Donald Trump’s 2016 presidential campaign (1) (2).
Alternative Media Ecosystem: Mercer has invested heavily in creating and supporting an alternative media ecosystem. This includes funding Breitbart News, which has been a platform for nationalist and populist narratives (1).
Anti-Big Government Stance: Mercer and his family have aimed to sow distrust in big government and erode the dominance of major news media. This aligns with their broader goal of promoting a smaller government and reducing federal oversight (1).
Populist Surge: Through his financial support, Mercer has played a role in encouraging the populist surge that has influenced recent political landscapes. His collaboration with figures like Steve Bannon has been instrumental in this effort (1).
Dark Money Contributions: Mercer has also contributed to “dark money” funds, which are political donations that are not required to disclose their donors. This has allowed him to influence politics more discreetly (3).

Overall, Robert Mercer’s political agenda revolves around promoting conservative values, reducing the influence of big government, and supporting an alternative media landscape that aligns with his views.