Pray tell which legitimate "institutional investors" piled into this pink sheets turd heap? |
That was when Gamestop was shorted to a very low level with very high volume. Someone figured out that they had broken the rules with their shorts and would be forced to buy at any price. They then had RobinHood sell people's stocks without their permission to bail them out. |
That was with the same DJT stock ticker. It is possible those short are still open from decades ago. |
What’s amazing is that they were able to grow to two million daily users despite having the ridiculous name “Truth Social”. And competing against X/Twitter as a less censored social media site. |
Source for “two million daily users”? |
Seems like a Ponzi scheme to me.
Losers will be those who hold onto their stocks for more than a few weeks. |
If you look at the option chains, you’ll see that the premium on puts is very high. This is a very strange combination of circumstances where puts are expensive, but the stock is going up. |
Can you translate what that means? |
Down 60% since last week. Some days it really does feel like a fleecing. |
Down 26% today. |
Turn those machines back on!
https://youtu.be/WPZn4rbiB8g?si=ugcEqkgplQKu_Lyq |
I love how this updates in real time: https://finance.yahoo.com/quote/DJT?.tsrc=fin-srch
This popcorn is good. |
Fleecing who? Anybody who is investing in anything Trump is offering, after he has screwed investors for decades and run businesses into the ground, is beyond help. At this point they deserve to be screwed |
generally agree, but this is over the head of a lot of folks. could be first time investing for some. i have no idea how easy they made it for folks to do so. |
Anyone who loses money operating casinos probably shouldn't be trusted to operate a doorknob.
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