General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsJust asking: is it possible trump(ers) divested in the stock market just before trump collapsed it?
Just asking cause inquiring minds like mine are staying home due to COVID-19 panic and have nothing else to do. Just kidding, maybe, I am an old white guy and they just said on the tv (so it must be true) dont get on airplanes if youre this age.
His handling of this COVID-19 is about as inept as you could image, but he has his own airplane so he should be good to go...so to speak.
Ya gotta kinda wonder if don the con is running his biggest game yet. What could be bigger than bankrupting a casino? Well maybe bankrupting America for one. From what Ive learned of his past thats the thing he does best, go bankrupt, to hell with paying bills, just tell everybody to go ahead and sue, see how far ya get.
So the idea is sell high, buy low and get rich. With the power of the presidency and its inherent ability to acquire information prior to almost anyone else...well, just asking cause Im not all that smart.
onecaliberal
(32,777 posts)Roland99
(53,342 posts)Most barely have a HS education
BigmanPigman
(51,567 posts)He and his spawn make money off of travelers (hotels, golf courses, etc). You can bet he has been making deals and buying and dumping stocks right and left. That is what he has been doing instead of addressing the health crisis. He has been busy, but not for the citizens. He is taking care of his Swamp creatures.
This is the most corrupt admin in our history.
KT2000
(20,568 posts)the start of the dive are the people with inside info. When regular people see the dive, then they freak and sell at a middling price. At the end of the day are bargains. Point being is that the first to sell off make a lot of money - what did they know and when did they know it.
Midnight Writer
(21,712 posts)They have high speed computers that can make thousands of trades a minute, along with algorithms that will automatically make the most profitable moves.
The only condition a big time trader needs is movement, volatility either up or down. Even a minor fluctuation is enough for the computer to take advantage.
As for the ordinary citizen investing for the future, the only options are to either hang in or get out.
In my opinion, Trump has been churning the market intentionally to benefit the big traders. His wild pronouncements ensure movement in the sensitive stock market.