3 ms·
The company is losing lots of money and is worthless. It is rising because people are gambling about an election outcome.
by codingdave 2y ago
The company is losing lots of money and is worthless. It is rising because people are gambling about an election outcome.
- paulpauper 2y ago[flagged]
- legitster 2y ago> DJT get free advertising from trump's brand and endless coverage, even if he loses. This is worth a billion dollars /year alone I don't think it's a simple as that. You can't just say "this guy is in the news a lot - that's worth $xxx". If anything, you should invest in media companies in general who do the coverage if you want to make that bet. > The hardest part of launching any service is getting the userbase. This typically requires tons of advertising; Trump has this covered. DJT has already launched a service. If you take them at face value, they already have a lot of users. But it's still not making any money.
- JumpinJack_Cash 2y agoBut why? Any money that will be embezzeled by Trump would go directly to him not his public company where he has to share the loot with his co-investors. Trump has been a public figure for many years now and exclusively posted on Truth but money failed to come in, I don't see how a Trump Presidency will change that, also considering he would not need to win anymore he'd probably just slack and collect corruption fees through his LLCs
- Pxtl 2y agoBecause it's a legal way to bribe him. And bribes will drive the stock value up. So his stock can be used as both a) a bribe, and b) a way to bet on bribes
- JumpinJack_Cash 2y agoBribes that have to be shared with all the investors no? Trump has many properties where you just pay him just by staying there.