- cross-posted to:
- politics
- cross-posted to:
- politics
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I’m loving the juxtaposition of the headlines:
checks Yahoo Finance
It’s lost 29.69% of its value in the last five days.
I’m betting that accelerates.
Plummet 100% please.
DJT is down 70% over the past 6 months. Well on its way to 100%, if you ask me.
Pennies on the dollar please.
Trump: I’m not selling!
company violently gets it’s shit pushed in
Wait!! Stahp!!!
Oh that’s beautiful. It’s actually been a pretty good week for tech considering there was a pretty bad couple of days last week.
Trump’s stock is almost the lowest it’s ever been. It’s lower than the IPO price.
so not only is the stock plummeting, it means the employees there have no confidence in the company whatsoever lol.
Eh, consider selling and diversifying if you’re ever in this situation. (Not working for Trump Media – but an IPO after lockup expires.)
You’re just not beating the S&P 500/Whole Market funds without some luck over the long run. My house has done it, and a handful of my individual stocks have done it.
🍿🤣
I should have shorted it.
If I hadn’t been out of work for months, I’d have started an account just to short it. It’s rare to find such a sure bet.
“post-lockup” Is this headline from the future?
“Lockup” is an investment term. When a company has an IPO (Initial Public Offering, which is the day they become publically available for stock trades), the big shareholders and company employees who are invested ahead of the IPO are “locked” from selling their shares for a certain number of days. This isn’t required, but most companies having an IPO end up having a lockup period set as well.
In regards to this headline, it just means that the initial investors and big shareholders are now free to sell their shares, which they are apparently doing in droves!
which they are apparently doing in droves!
There was a rather public legal fight earlier with two of the co-founders (not Trump) who were trying to exit and claiming they had the right to do so earlier than the lockup date and that the company wasn’t letting them do so. IIRC, they held about 10% of the company.
I’d assume that they got out or started getting out as soon as possible.
Well of course he was going to sell.
🍿🍿🍿
“The invisible hand of the market slaps Trump like a bitch. More at 11…”
