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In reply to the discussion: Oh, Look! It's A MAGAmerican Who Put All Of His Savings Into Trump's Shitty Media Stock - He Wants To Buy More [View all]Bernardo de La Paz
(50,296 posts)27. It can be lucrative but many are purposely witholding
Putting your shares on margin or putting a sell limit far above the current price keeps the out of the hands of short sellers (for which way and details see your stock broker), and some holders are doing that.
There is a lack of shares available for shorting in that stock now, and holders can get about 5 times the usual rate. Holding shares away from shorters benefits those who make shares available for shorting who can then charge more.
Regardless, only suckers and those locked in own/hold DJT shares now.
There were two episodes of strong buying in DJT on Friday, and it might indicate Saudis and multi-billionaires favourable to tRump moving money in strategically to prop up the stock for political favours.
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Oh, Look! It's A MAGAmerican Who Put All Of His Savings Into Trump's Shitty Media Stock - He Wants To Buy More [View all]
hatrack
Apr 2024
OP
A lot of people who are 71 don't have two nickles to rub together until the SS hits the bank account.
Chainfire
Apr 2024
#66
WTF? It's gotta be more than being dumber than a rock. This guy tossed his common sense out the window.
Joinfortmill
Apr 2024
#9
Comment beneath the article, "Wow. It's the deep state. It's the libs. It's the Jews. It's the gays.
shrike3
Apr 2024
#17
I would laugh at these fools but they probably have families who will be harmed by this blind loyalty and stupidity.
LonePirate
Apr 2024
#21
the next opportunity for a short squeeze will be the GOP convention... sell then.
WarGamer
Apr 2024
#29
There was a scam investment group visiting local churches looking for "investors".
Midnight Writer
Apr 2024
#38
I've seen this behavior before. I was a stockbroker, I saw people would Chase after a losing stock all the time...
ashredux
Apr 2024
#41
Putting money into Trump was the best investment Vlad ever made.... Fantastic return on investment.
keithbvadu2
Apr 2024
#54
"It's got to be political, from all the liberals that are trying to knock it down."
Bundbuster
Apr 2024
#62