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Truth social is the future! Buy now while it's on sale.


shdmn

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We used to call that a cabinet trade. You short a stock on its way to $0.00, but never close your position, so you've taken in the receipts from the short sell, there is no cost to borrow a stock that went belly up, and never closing the trade means no tax liability for the capital gain.

 

Now I'm sure that when it hits $0.00, not only will the major shareholder claim he sold via a proxy at >$70, but he'll also claim he was heavily short.

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28 minutes ago, Lacessit said:

You are forgetting Einstein's observation about the universe, and human stupidity.

 

I am bewildered by people buying a stock which has revenue of $800,000 and expenses of $16 million, according to the last financial statements.

The Saudis and Russians can bankroll Trump by buying large blocs to pump up the price. They don't care about losing money.

 

If it becomes obvious that Trump will lose, they will stop buying.

Edited by Danderman123
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6 hours ago, shdmn said:

It is definitely not because the convicted felon fraudster is selling.  He promised us he would not do that.  If you hear otherwise it's fake news ™️from Soros and Antifa.

There was huge volume today right before close of trading, including a block of a million shares (which drove the price down to $13.55). I'll bet that was Trump.

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19 hours ago, Old Croc said:

So, who's lining up to buy his crypto? All 3 of his sons have recommended it.

Barton is running it , Trump has No clue , Barron  is worth 80 million 4 cars 4 wallets , at least I know who the grifter feeds and it ain’t Americans 

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