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Latest Discussions»General Discussion»Trump's Media Company Sur...»Reply #3
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General Discussion

In reply to the discussion: Trump's Media Company Surges in First Day of Trading [View all]

kysrsoze

(6,021 posts)
3. Oh yeah. This is irrational exuberance by MAGAs right now.
Reply to Joinfortmill (Reply #1)
Tue Mar 26, 2024, 01:15 PM
Mar 26

This is a classic pump and dump scheme. One people figure out this stuff isn’t making money and won’t in the future, the stock price will plummet.

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Trump's Media Company Surges in First Day of Trading [View all] applegrove Mar 26 OP
This is gonna crash and burn. Joinfortmill Mar 26 #1
Oh yeah. This is irrational exuberance by MAGAs right now. kysrsoze Mar 26 #3
I wonder where it will be when Qutzupalotl Mar 26 #2
It's still high but has dropped a bit DavidDvorkin Mar 26 #4
I'm certainly no stock or economics expert, bluesbassman Mar 26 #5
Some suspect when it does tank there will be more court cases. applegrove Mar 26 #6
Welcome to Wall Street. WarGamer Mar 26 #7
I get that, but do those companies have an infrastructure? A tangible, proven product? bluesbassman Mar 26 #9
The six-month Pet Rock craze in the summer of '77 had more staying power Torchlight Mar 26 #8
Hey, I still have one of those in the original box. Inherited it from my aunt. bluesbassman Mar 26 #10
Sure sounds like a pump and dump operation to me...I'd be very careful about investing in this stock, as expectations SWBTATTReg Mar 26 #11
I'm sure many are shorting the stock. I'm guessing that applegrove Mar 26 #12
I wouldn't be surprised, might even be somewhat smart...but I don't want to risk it. SWBTATTReg Mar 26 #13
Lamestock lame54 Mar 26 #14
Mostly rubles and riyals? moondust Mar 26 #15
DJT is a meme stock that relies on the greater fool/idiot theory LetMyPeopleVote Mar 26 #16
Latest Discussions»General Discussion»Trump's Media Company Sur...»Reply #3
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