Shares of Trump Media & Technology Group rose sharply after the assassination attempt on the former president at a Pennsylvania rally Saturday.

  • stoy@lemmy.zip
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    4 months ago

    Stock value is only tangentally connected to the actual value of the company

        • NegativeInf@lemmy.world
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          4 months ago

          I guess I meant in the more general case of stock market billionaires never cashing out and using loans based on the value of the stock to do anything, only ever liquidating enough to pay on the loan, if that even becomes necessary.

          But you are pretty correct on that. I wonder how much “rug pull” there will be.

  • ReallyActuallyFrankenstein@lemmynsfw.com
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    4 months ago

    Considering the shares are almost certainly a way to launder foreign and illegal contributions to Trump, and he is now much more likely to win the election so all of those bad actors want to get their quid in place to ask for their quo later, it’s not surprising in the least.

  • Lasherz12@lemmy.world
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    4 months ago

    Amazon’s also showing trending Trump merch. Although logically, it doesn’t make much sense that the popularity of a fascist improves with getting hit by a piece of glass bounced off a bullet, the effect is clearly beneficial to Trump. Biden needs to take his gloves off or get out of the race. Trump trafficed and abused a 13 year old girl. It sickens me that so far democrats have considered this off limits whereas they’ll both attack migrants as a whole because there was an instance of sexual assault. Trump is worse than the best example of a migrant doing bad things during Biden’s term and they won’t talk about it.

  • GreenBottles@lemmy.world
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    4 months ago

    Don’t worry it will crash right the fuck back down. This is just another money scheme for Trump. That’s it.

      • A_A@lemmy.world
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        4 months ago

        This is great thanks !
        We need much more of this 👍 … but i am afraid that the inquiry will be somewhat secret … so disclosure will come late and we won’t see a lot of proofs.
        (conspiracy theory : is that bullet going to the wrong side ?)

          • A_A@lemmy.world
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            4 months ago

            Hi JordanLund,
            “automod” just removed my 1st comment of this thread for rule #4 :
            No memes, trolling, or low-effort comments. Reposts, misinformation, off-topic, trolling(?), or offensive(?).

            Does rule #4 really states “trolling” twice 🤣 ?

            • jordanlund@lemmy.worldM
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              4 months ago

              Well, there’s trolling and then there’s trolling. :)

              I don’t have access to the automod code, I’ll see what I can find out!