this post was submitted on 29 Mar 2024
108 points (99.1% liked)

BecomeMe

753 readers
1 users here now

Social Experiment. Become Me. What I see, you see.

founded 1 year ago
MODERATORS
[email protected]
108
Reddit shares plunge almost 25% in two days, finish the week below first day close (www.cnbc.com)
submitted 3 months ago by [email protected] to c/[email protected]
6 comments fedilink hide all child comments
you are viewing a single comment's thread
view the rest of the comments
[–] [email protected] 8 points 3 months ago

I don't think people are buying DJT because they expect to make money. It is more of a cult and prestige stock. One article called it a "meme stock". This makes the price harder to predict because it isn't based on numbers but something much less tangible. Throw in some securities fraud, and a few billionaires thinking it is another way to bribe or gain access to his majesty and this is a ticker I wouldn't touch with a 20 foot pole.