Random stuff
@[email protected] it's a fraud vehicle. Now foreign potentates can boost the price of these shares, allowing Trump to borrow against his shares. The émoluments clause can't deal with the shamelessness.
@[email protected] Did #Putin threaten the valuators? Is there anything left untainted in our #democracy?
@[email protected] Gotta' wonder why Wall Street is setting up this massive, foreign and domestic money-laundering opportunity. Let me guess: NoTaxWindfall Trump?
Spoke with a friend today who is something of a self proclaimed expert in the stock market, and he looked at shorting DJT, but the price of the short is outrageous. Translation, an enormous number of people are betting on it to crater.
@mastodonmigration @GottaLaff
All the non-MAGAs expect it to crash and burn.
@PJ_[email protected] @[email protected]
Pretty interesting conversation actually. There is no value at all, no cash, no income, no IP, in the company, so the price is a complete fiction (float?), and supported only by a very small amount of buys. Almost all the stock is locked up (non-tradable) so it is a true pump and dump play among speculators, with the added wildcard of the MAGA suckers (marks, rubes).
@GottaLaff Easy way for donors to juice the stock and provide money to him indirectly. He’ll try to sell his shares early to take advantage of the current highs.
@[email protected] @[email protected] He's not allowed to sell his shares for six months. That's what makes this so funny: his fans are ensuring that this bubble will pop with Trump still trapped inside. He'll lose a billion dollars, and he knows it.