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Small-time investors in Trump’s Truth Social reckon with stock collapse (www.msn.com)

submitted 1 year ago by OpticalMoose@discuss.tchncs.de to c/usnews@lemy.lol

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And also this;
Trump Media stock is plummeting as it plans to issue millions more shares

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[–] henfredemars 4 points 1 year ago (4 children)

I thought this was donating to Trump with extra steps from the get go? Did I miss something?

[–] breadsmasher@lemmy.world 4 points 1 year ago (2 children)

Trump can’t sell for six months. So all these donations are going to be worth so much less when he can cash out

[–] OpticalMoose@discuss.tchncs.de 2 points 1 year ago (1 children)

True, but he doesn't care. For something he invested basically $0 in, he doesn't care if his cut is %40 or %4.

[–] ChicoSuave@lemmy.world 2 points 1 year ago

He cares when it stops being valuable enough that he is a billionaire. Trump only ever cares about how he looks to others and doesn't care if those others are bankrupted by a corporate entity. He got paid.

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