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JefilteFish

(2 posts)

22. Anything that comes to market under a SPAC

Reply to GP6971 (Reply #13)

Wed Aug 21, 2024, 08:00 PM

Aug 2024

Is likely to be a scam. It’s the worst kind of retail investor frenzy that can be manipulated by scammers like Trump. They’ were recently reined in but more than 200 companies launched, including Trump Media, before the rules finalized.

Truth Social, based on market fundamentals, should be worth almost nothing and should never had been allowed to launch. There are many sources about it. Not sure why I’m arguing this on DU.

https://www.washingtonpost.com/opinions/2024/02/20/spacs-sec-scam-trump/

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cliffside Lemonwurst Skittles

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Highlight:

Trump Media stock is in a free fall [View all] Playingmantis Aug 2024 OP

Hope Trump's nights are filled with dreams of Fred holding up the stock report and pointing out the obvious: Attilatheblond Aug 2024 #1

The laundry is done honey. twodogsbarking Aug 2024 #2

This should be investigated.... Dem4life1970 Aug 2024 #14

Put 30 dollars on a 2.5 dollar put option for 9/20 ColinC Aug 2024 #3

The soundtrack for his stock: the Shepard Tone Jerry2144 Aug 2024 #4

Free Falling JoseBalow Aug 2024 #11

To paraphrase an unregistered foreign agent -- Tweedy Aug 2024 #5

That's still over valued. progressoid Aug 2024 #6

Everything Trump touches, dies C0RI0LANUS Aug 2024 #7

This is arguably his greatest scam Mr. Sparkle Aug 2024 #8

Not A Scam modrepub Aug 2024 #9

Those are literally ALL SCAMS JefilteFish Aug 2024 #12

Why do you say that? GP6971 Aug 2024 #13

Depends on how you look at it - if they bought it because of false and misleading claims from Trump ET Awful Aug 2024 #17

Anything that comes to market under a SPAC JefilteFish Aug 2024 #22

Thank you!!! GP6971 Aug 2024 #23

welcome to DU, JefilteFish! Skittles Aug 2024 #27

Just goes to show that wallstreet can sell something not worth shit mdbl Aug 2024 #10

It's current floor is roughly around $2 a share GregariousGroundhog Aug 2024 #15

Maybe the magats aren't that profitable as a target audience mdbl Aug 2024 #16

It's reversed it's fall and is a couple of bucks today onenote Aug 2024 #18

Not today. It's up over ten percent. NT mahatmakanejeeves Aug 2024 #19

Just breaks my heart Yo_Mama_Been_Loggin Aug 2024 #20

Today: Trump Media & Technology Group Corp. (DJT) 24.20 +2.78 (+13.00%) BadGimp Aug 2024 #21

It isn't the first bump its had this summer. It bounces up and then it drops again. onenote Aug 2024 #24

Closed at $24.20 - Lowest historically is $21.42 Kennah Aug 2024 #25

Free falling captain queeg Aug 2024 #26