this post was submitted on 02 Aug 2024
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[–] [email protected] 44 points 11 months ago (2 children)

Keep in mind that trump’s meme stock is entirely a fraud machine designed to sell presidential power for cash. Watching that thing collapse after trump loses is going to be icing on the cake as this is his monetary lifeline given all of the legal entanglements that aren’t going away after November. Once it’s clear he he has no official power to sell, most of the institutional investors vying for influence will clamor to pull out of this and probably leave a bunch of drooling basement dwelling incels holding the bag. Hopefully this happens before trump’s shares open up and he can do even a modest rug pull. Get the popcorn.

[–] [email protected] 14 points 11 months ago

He’s been selling presidential power for cash. The stock is just a way to prey on the loyalists who will buy up shares because of the name and despite the significant losses

[–] [email protected] 21 points 11 months ago (3 children)

Doubt.

Like his net worth was ever over $900 million.

[–] [email protected] 10 points 11 months ago

Sadly that's public info when it comes to his shares of his own stock due to the quantity he owns, that's how we can know

[–] [email protected] 3 points 11 months ago

Debt is a thing, and Trump has tons of it.

[–] [email protected] 2 points 11 months ago

I'd agree with you before the truth social IPO. Unless that stock tanks he is officially a billionaire for probably the first time.

[–] [email protected] 18 points 11 months ago (1 children)

he has always been worth nothing to me.

[–] [email protected] 2 points 11 months ago

Dude literally ows me a lot of sanity

[–] [email protected] 13 points 11 months ago (1 children)

The thumbnail on this article really has a Max Headroom vibe.

[–] [email protected] 3 points 11 months ago

It's the head tilt. And the parallel lines.

[–] [email protected] 11 points 11 months ago (1 children)

I didn't think he had $900m in the first place

[–] [email protected] 2 points 11 months ago

I'm pretty sure he has billions of those dollars that disappeared from the covid relief fund immediately after he removed financial oversight.

[–] [email protected] 9 points 11 months ago* (last edited 11 months ago) (1 children)

This is why he is never going to stop running for president.

It's lucrative and requires nothing more than incoherent, cognitively-impaired rambling on his part. He'll make that 900m back in spades if he's elected.

[–] [email protected] 3 points 11 months ago (1 children)

Plus he gets large crowds to cheer for him, which is almost better than money in his mind.

[–] [email protected] 2 points 11 months ago

Yup, and never has to pay the facility or security fees.

[–] [email protected] 4 points 11 months ago (1 children)
[–] [email protected] 8 points 11 months ago (1 children)
[–] [email protected] 6 points 11 months ago (1 children)

Gaseous? Plasma? Why you leave me hanging?

[–] [email protected] 7 points 11 months ago

All solid. Like an impacted stool

[–] [email protected] 4 points 11 months ago

Couldn't happen to a nicer convicted felon. Fuck trump

[–] [email protected] 2 points 11 months ago

I wasn't aware that campaign funds count as part of your personal net worth.

[–] [email protected] 1 points 11 months ago

That must continue as long as he has a net worth. And then go on!