iluvatar5150
Well-Known Member
- Aug 3, 2012
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Big bounce so far this morning. I guess we're going for a ride.
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Sad that in the end, Donald's supporters who bought in will lose bigly while Donald makes more money off of them.Pump-and-dump investors cash out on 'crazy' Trump fans buying up Truth Social stock
One such investor was Mohammed Al Shalloudi, a 21-year-old data analyst from the United Arab Emirates, who rushed to invest in the Truth Media stock as soon as it became available because he believed he could get Trump supporters to pay premium prices for a stock that he believed was wildly overpriced.
Al Shalloudi's bet has already paid off, given that he bought up shares when they were trading at $37 a piece and then sold them off last week when the price hit $65.
"It was a no-brainer," he tells Reuters. "You buy the stock, wait for Trump's fan base to hear about it, and enjoy your profit."
Betcha Trump is incensed that someone else is getting the payoff from his marketing scam. He has to wait six months, after which guys like Mohammed will have wrung out all the suckers.Pump-and-dump investors cash out on 'crazy' Trump fans buying up Truth Social stock
One such investor was Mohammed Al Shalloudi, a 21-year-old data analyst from the United Arab Emirates, who rushed to invest in the Truth Media stock as soon as it became available because he believed he could get Trump supporters to pay premium prices for a stock that he believed was wildly overpriced.
Al Shalloudi's bet has already paid off, given that he bought up shares when they were trading at $37 a piece and then sold them off last week when the price hit $65.
"It was a no-brainer," he tells Reuters. "You buy the stock, wait for Trump's fan base to hear about it, and enjoy your profit."
Remember America's most wanted? If Trump were poorhe would have e been a featured grifter on there bur because he's rich there is an allure that shallow people are attracted toSad that in the end, Donald's supporters who bought in will lose bigly while Donald makes more money off of them.
Internal strife will surely boost the stock price!Trump sues Truth Social co-founders, says they're not entitled to stock shares
Andy Litinsky and Wes Moss sued Trump in February, alleging he was trying to "drastically dilute" the value of their shares.www.nbcnews.com
The hits just keep coming2 brothers who helped fund Trump Media company plead guilty to insider trading
Two brothers who helped fund former President Trump's now-public social media company pleaded guilty Wednesday to insider trading.abcnews.go.com
Trump associating with criminals? Who would have expected that?2 brothers who helped fund Trump Media company plead guilty to insider trading
Two brothers who helped fund former President Trump's now-public social media company pleaded guilty Wednesday to insider trading.abcnews.go.com
Label | Value |
---|---|
Institutional Ownership | 1.66% |
Label | Value |
---|---|
Institutional Ownership | 76.89% |
I think I read that only about 11% or 16% of the shares were held by non-insiders. Seems to me that it wouldn't take much activity to tank the price.DJT Institutional Holdings
Ownership Summary
Label Value Institutional Ownership 1.66%
META Institutional Holdings
Ownership Summary
Label Value Institutional Ownership 76.89%
The short sellers seem to have wrung out most of the sucker money, while Trump won't be able to dump his shares for six months. Grifter envy.I think I read that only about 11% or 16% of the shares were held by non-insiders. Seems to me that it wouldn't take much activity to tank the price.
I don't think Trump paid anything for his shares, so as long as this thing doesn't go under completely, he'll come out ahead. I'm not happy about that, but at least I'll be able to chuckle at his embarrassment and his fanbois taking a bath.The short sellers seem to have wrung out most of the sucker money, while Trump won't be able to dump his shares for six months. Grifter envy.
They love him, but they’re using protection.DJT Institutional Holdings
Ownership Summary
Label Value Institutional Ownership 1.66%
META Institutional Holdings
Ownership Summary
Label Value Institutional Ownership 76.89%