On an otherwise DOWN DAY on the market... Trump stock gains 40+%

[WarGamer]

Like I was saying last week... DWAC, soon to be DJT will serve as the next major slush fund for Trump.

Bottom line: Trump owns 79,000,000 shares...

When the stock goes up by $1, his net worth "on paper" goes up by $79,000,000

Earnings don't matter... or lack thereof...

As of today, Trump's stake in the company is 79 million x around 52/share...

Or 4+ billion dollars.

And it's all legal. Nothing illegal about ANYONE in the world buying US stocks.

I guaran-damn-tee you that the Saudis and probably the Russians are buying the stock.

[drray23]

1. If the shares are going up that much

There is indeed a demand for it, that is somebody is buying massively. I agree.

[CincyDem]

2. Completely correct.

IMHO, this is an IPO on the Oval Office. A way to funnel $$$ into Trump's pocket efficiently with no FEC, no PAC rules, no nothing...just a $$$ river to 1600 Pennsylvania. And everyone of those shareholders has a vested interest in DJT moving in so you know they'll be doing everything in their power to ensure that happens.

I think most people poo-poo this whole thing because they think those investors are the dummies paying billions for a company making 3 million a year. I mean...only a dummy would make that investment. Instead, look at that investment as buying a stake in what could be controlling interest of enterprise that is, in effect, the world's largest enterprise...the US Government.

there is no question that this is bring foreign investment into trump's pocket where he can launder it into self spending on his campaign. Just W.T.F.

GOTV.

[uponit7771]

3. The DOJ be right on top of these obvious proxy purchases for worthless equities owned by a candidate during a US ...

... election cause they love demo ... yeah, I can't even think of finishing this shit

[WarGamer]

4. nothing illegal about it...

The Saudi Sovereign Wealth Fund can buy GM, F, AMD or Trump... no difference, legally.

Huge volume today... 6x the avg daily volume for DWAC

[uponit7771]

9. Yes there is something illegal about funding a US presidential candidate from unknown sources ... or ...

... it should be

[underpants]

5. Trump: You can't have an election in the middle of a political season

Link to tweet

?s=46&t=3VBm1LJ8j8qLp6JTs_8J2A

[EarthFirst]

6. There's no rhyme or reason to SPACs/memes...

Musical chairs; don’t be the last one standing.

[WarGamer]

7. I think the reason is pretty clear...

Certain Global and Domestic powers want Trump to win...

And this is a regulation-free pipeline to Trump without the "bag man"

[CrispyQ]

8. This is what I think too.

This is the last grab for all the resources before the whole eco-system goes in the dumper. Now's the time to build as big a cushion as you can for you & yours.

[Diraven]

10. This is even better than the crappy hotel

There's no need for foreign governments to book ridiculously overpriced hotel rooms they never actually intend to stay in anymore. Now any dictators wanting to curry favor with the new Trump administration can just buy up huge amounts of stock in his otherwise money-losing media company.

[Diraven]

11. When Trump loses the election

This stock will tank so fast.

[WarGamer]

12. literally a penny stock in a day.

[genxlib]

20. Maybe not. Maybe sooner

He can't sell for 6 months. ie September.

If he starts dumping stock, it is going to tank then. I think there might be some reporting requirements that lets him delay when that information gets out but how long do you think the other investors are going to stick around if he heads for the door.

The question is how much value he can suck out of it on the way down.

[Kingofalldems]

13. I choose not to cheer on Trump.

[WarGamer]

14. Who's cheering?

We're talking about the stock being used by domestic and foreign entities to funnel money to Trump and possibly buy favor...

I don't see ANY "cheering"

[Kingofalldems]

15. Looks like gloating from here.

DOWN does not have to be capitalized.

[WarGamer]

17. DOWN DAY is important.

It shows that even when the market is a down day... there is unusual buying pressure on the stock, DWAC.

Being the first day after the merger vote, this activity can only be explained by big money investors, possibly foreign... stepping in to pump up the stock.

And it's important to know that Trump holds 79m shares... a majority shareholder and he directly benefits from the stock price, much more than selling some hotel rooms to foreign visitors.

That isn't cheering, it's ANALYSIS... understand what's going on isn't a bad thing. Pay attention to hings and you understand WHY things happen.

[Kingofalldems]

19. Sure thing.

[Scrivener7]

18. That's kind of a nutty conclusion.

[W_HAMILTON]

21. Noticing a pattern too?

[Scrivener7]

16. Legal money laundering, done right out in the open.

How are SPACs even a thing?

[0rganism]

22. Looks like some big money betting on TSF's ascendance

After he wins in January, DWAC can be the foundation for TSF's consolidation of media and his Ministry of Social Truth.

[Kingofalldems]

23. Didn't age well.