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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsLets See what Wall Street thinks when it comes to supporting an insurrectionist....
Shares in Trump-linked social media venture surge again
By Agence France-Presse
Published October 23, 2021
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A new investment vehicle linked to Donald Trump's fledgling media venture soared again Friday in a frenzy that reflects the former president's staying power, as well as a stock market increasingly prone to casino-like tendencies.
Shares of Digital World Acquisition Corp, which is set to merge with Trump's Media & Technology Group (TMTG) startup, surged Friday prompting a temporary trading halt for a second straight day.
Shares ended at $94.20, more than doubling its value from Thursday and more than nine times the price on Wednesday afternoon before the venture was announced.
https://www.rawstory.com/shares-in-trump-linked-social-media-venture-surge-again/
Just shows what is more important to Wall Street....than anything else....greed.....this should have never been started...
AJT
(5,240 posts)Control of the labor force
No regulations on capital
Irish_Dem
(47,604 posts)Beachnutt
(7,354 posts)who is also ceo of a company based in wuhan china.
[link:https://www.cnn.com/2021/10/21/business/trump-social-media-spac/index.html|
gab13by13
(21,473 posts)I would definitely short this SCAM er SPAC.
Kid Berwyn
(15,018 posts)May all the crooks and traitors go broke.
Beachnutt
(7,354 posts)all the magaloons will keep the price churning so the progressives should go flip the stock and take profits to either green energy stocks or progressive candidates...
take the magaloons money and use it for good.
Kid Berwyn
(15,018 posts)Make a great movie,too!
jmbar2
(4,912 posts)They have managed to keep AMC and GME at hugely inflated prices since they all piled in.
The next ones they are rolling into is BENE and PHUN. I know nothing about them, but the DWACs are likely to move there in droves on Monday with their profits.
https://stocktwits.com/symbol/BENE
https://stocktwits.com/symbol/PHUN
Beware - these are classic pump and dumps.