Trump and dump

  1. 15,453 Posts.
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    Looks like another Trump bankruptcy on the way.

    Remember all the commentary about how much money Trump's making? What a great businessman he is? We;re all on a stockmarket forum so I can ssume you all know how to read a chart. This is the one-day performance of DJT on the Nasdaq.

    Screenshot 2024-04-02 040935.jpg
    This occurred after the company was required to publicly post its financials and- surprise, surprise- it's an absolute failure. Revenues of barely $4 million dollars, losses of $58 million dollars.

    The share price is still dropping as I type. Not surprisingly, it'll be all the mum-and-dad investors that bought into all the hype and will be left holding the bag when this meme stock dies.
 
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