@[email protected] to [email protected] • 7 months agoTrump Media plummets 10% as post-lockup selloff picks up steamwww.cnbc.comexternal-linkmessage-square47fedilinkarrow-up1356cross-posted to: [email protected]
arrow-up1356external-linkTrump Media plummets 10% as post-lockup selloff picks up steamwww.cnbc.com@[email protected] to [email protected] • 7 months agomessage-square47fedilinkcross-posted to: [email protected]
minus-square@[email protected]linkfedilinkEnglish78•7 months agochecks Yahoo Finance It’s lost 29.69% of its value in the last five days.
minus-square@[email protected]linkfedilink19•7 months agoThese reductions are so large it’s hard to conceptualise. There was a peak several months ago of $65. Now they’re $13.55 or sth? Commentators all along have been saying that the values are a proxy for Trump’s popularity. If so, things aren’t looking good.
minus-square@[email protected]linkfedilink11•7 months agoThey look pretty good from where I’m sitting.
minus-square@[email protected]linkfedilink1•7 months agoYeah. The current price is still insanity. I think the underlying value of the company is nil? Sadly with all the electioneering fuckery Trump still has a good chance of winning.
minus-square@[email protected]linkfedilink5•7 months agoThe 52-week high is just under $80. That would be intra-day though, maybe it never closed above $65.
minus-square@[email protected]linkfedilinkEnglish3•7 months agoThe Saudis and Russia will shore up the price shortly before mushroomhead starts selling like a banshee, then they’ll slurp up all his shares at the ask price. I’ve thought about call options but I’m not that brave.
minus-square@[email protected]linkfedilink3•7 months agoI don’t think Russia’s affording all that much nowadays… last I heard, they were experiencing liquidity issues trading with China?
minus-square@[email protected]linkfedilink2•7 months agoRussia has many different rich people in it. Some have more free cash than others, of course. It isn’t some monolithic entity.
minus-square@[email protected]linkfedilink4•7 months agoThat’s what people are missing here. It’s essentially just a vehicle for anyone to bribe trump nice and easy.
checks Yahoo Finance
It’s lost 29.69% of its value in the last five days.
I’m betting that accelerates.
These reductions are so large it’s hard to conceptualise.
There was a peak several months ago of $65. Now they’re $13.55 or sth?
Commentators all along have been saying that the values are a proxy for Trump’s popularity. If so, things aren’t looking good.
They look pretty good from where I’m sitting.
Yeah. The current price is still insanity. I think the underlying value of the company is nil?
Sadly with all the electioneering fuckery Trump still has a good chance of winning.
The 52-week high is just under $80. That would be intra-day though, maybe it never closed above $65.
The Saudis and Russia will shore up the price shortly before mushroomhead starts selling like a banshee, then they’ll slurp up all his shares at the ask price. I’ve thought about call options but I’m not that brave.
I don’t think Russia’s affording all that much nowadays… last I heard, they were experiencing liquidity issues trading with China?
Russia has many different rich people in it. Some have more free cash than others, of course. It isn’t some monolithic entity.
That’s what people are missing here. It’s essentially just a vehicle for anyone to bribe trump nice and easy.