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4lbs

(6,865 posts)

7. Enron anyone?

Reply to aggiesal (Original post)

Thu Mar 28, 2024, 11:38 AM

Mar 28

https://www.investopedia.com/updates/enron-scandal-summary/

The story of Enron depicts a company that reached dramatic heights only to face a dizzying fall. The fated company’s collapse affected thousands of employees and shook Wall Street to its core. At Enron’s peak, its shares were worth $90.75. Just prior to declaring bankruptcy on Dec. 2, 2001, they were trading at $0.26.

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Highlight:

Trump's Unbearable Temptation to Dump His Truth Social Stock [View all] aggiesal Mar 28 OP

I am guessing it was cooked up with Elon Musk nt doc03 Mar 28 #1

Trump and dump BeyondGeography Mar 28 #2

I don't think this is LBN guidelines. former9thward Mar 28 #3

RDDT & DJT have about same market cap, same negative EPS but vastly different user base Bernardo de La Paz Mar 28 #8

Is Reddit making a profit? former9thward Mar 28 #10

Never made a profit, I think. Certainly not now (negative EPS earnings per share statistic). . . . nt Bernardo de La Paz Mar 28 #11

The current value of the stock notwithstanding, it has a short life span FakeNoose Mar 28 #4

It's a meme stock with money-laundering potential. Gore1FL Mar 28 #5

All is Grift. dchill Mar 28 #6

Enron anyone? 4lbs Mar 28 #7

Wait until people start losing their money and file lawsuits. twodogsbarking Mar 28 #9

The market isn't a very good indicator of good business models SouthernDem4ever Mar 28 #12

Literally everyone knows this stock is going to crash... jvill Mar 28 #13

Locking Lasher Mar 28 #14