Trump Media stock erases all gains since it began trading as DJT shares fall again
Trump Media stock erases all gains since it began trading as DJT shares fall again
And many traders are betting that the stock price will continue to fall further.
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It will be a penny stock, maybe even unlisted by the time he can sell.
Extremely unlikely with how Maga's give their life savings to their prophet.
Not if he wins the election. "Mr president we'd like you to hear us out on why our company's industry shouldn't have to pay taxes. Also, unrelated, we've bought $100 million in ad space on Truth Social. Back to that tax thing..."
The President has little to do with taxes, they will bribe the House for that. It's way less than $100 million as well. The wealthy would be bribing Donald to put wholly unqualified far-right judges on benches, but he'll be doing that anyway.
Foreign adversaries would again have an avenue to purchase up-to-date state secrets, I suppose funneling ad money through Donald Social is a decent enough way to launder money to him.
Not taxes literally. I meant it more as an example. There's a reason Saudi Arabia spent way too much on Trump's DC hotel.
I have absolutely zero faith that this will be true. None.
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If only there were some way we could use the stock to take their money away from them...
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At the rate it's going, these won't even be penny stocks by the time he cashes out. Anyone with a functioning brain knows what's coming. The only people who are even interested in the stock right now are either the truly stupid/gullible/MAGA rubes and people who think they can make money shorting the stock.
The first category are why it won't be a penny stick.