Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

turbinetree

(24,738 posts)
Sat Oct 23, 2021, 08:55 AM Oct 2021

Lets 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

?id=27741327&width=791&height=522

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...

8 replies = new reply since forum marked as read
Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies
Lets See what Wall Street thinks when it comes to supporting an insurrectionist.... (Original Post) turbinetree Oct 2021 OP
Corporations love fascism. AJT Oct 2021 #1
Also no taxes, plenty of corrupt politicians who take bribes, gullible and ignorant electorate. Irish_Dem Oct 2021 #4
Ceo of the spac is Patrick Orlando Beachnutt Oct 2021 #2
If I played the market, gab13by13 Oct 2021 #3
Pump-n-Dump Trump Style Kid Berwyn Oct 2021 #5
Another trump grift scam but Beachnutt Oct 2021 #6
That would be grrrrreat! Kid Berwyn Oct 2021 #7
I thought it would crash as well, but the Robinhood meme traders are all over it. jmbar2 Oct 2021 #8

Irish_Dem

(47,604 posts)
4. Also no taxes, plenty of corrupt politicians who take bribes, gullible and ignorant electorate.
Sat Oct 23, 2021, 09:11 AM
Oct 2021

Beachnutt

(7,354 posts)
6. Another trump grift scam but
Sat Oct 23, 2021, 09:26 AM
Oct 2021

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.

jmbar2

(4,912 posts)
8. I thought it would crash as well, but the Robinhood meme traders are all over it.
Sat Oct 23, 2021, 10:49 AM
Oct 2021

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.

Latest Discussions»General Discussion»Lets See what Wall Street...