Stock value is only tangentally connected to the actual value of the company
this post was submitted on 15 Jul 2024
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Doesn't really matter either way if he can secure loans off the back of it.
secure loans? trump is getting precipitously close to where he's allowed to sell his stake. stock price is the only thing that matters.
I guess I meant in the more general case of stock market billionaires never cashing out and using loans based on the value of the stock to do anything, only ever liquidating enough to pay on the loan, if that even becomes necessary.
But you are pretty correct on that. I wonder how much "rug pull" there will be.
Considering the shares are almost certainly a way to launder foreign and illegal contributions to Trump, and he is now much more likely to win the election so all of those bad actors want to get their quid in place to ask for their quo later, it's not surprising in the least.
Amazon's also showing trending Trump merch. Although logically, it doesn't make much sense that the popularity of a fascist improves with getting hit by a piece of glass bounced off a bullet, the effect is clearly beneficial to Trump. Biden needs to take his gloves off or get out of the race. Trump trafficed and abused a 13 year old girl. It sickens me that so far democrats have considered this off limits whereas they'll both attack migrants as a whole because there was an instance of sexual assault. Trump is worse than the best example of a migrant doing bad things during Biden's term and they won't talk about it.
Bummer.
Don't worry it will crash right the fuck back down. This is just another money scheme for Trump. That's it.
The only thing that makes sense in this God-forsaken world.