• just_another_person@lemmy.world
      link
      fedilink
      arrow-up
      35
      ·
      6 months ago

      It almost like there’s a very public way to funnel money into a company via the stock market in order to gain favor with it’s operating board…

    • Zaktor@sopuli.xyz
      link
      fedilink
      English
      arrow-up
      19
      arrow-down
      2
      ·
      6 months ago

      And that’s because it’s up over 200% from its low at $22. With these financials the “free market” decided it was a heavy buy. It’s some combination of meme stock and corruption vessel. Trump gonna get elected and we’ll all be fools for not taking our cut as the bribes really flow in. Unlikely Trump even “steps away” from his businesses next time. He’ll be (openly) taking private investor meetings in the Oval Office before deciding their government petition.

    • Catma@lemmy.world
      link
      fedilink
      arrow-up
      4
      ·
      6 months ago

      Its a bet a lot of people are making. If Trump wins the shares of this stock are probably going to the moon to borrow a phrase. Truth social will be where the President of the US is. Users/advertisers will move there initially I think, until they realize it is somehow worse than Twitter. It will also be, and probably already is, a way to subvert campaign finance laws and donate “directly” to Trump.

      The price is artificially high becuase of people making this bet. If Trump loses this goes the way of Trump steaks, Trump vodka, Trump University, etc. If he wins, these people may literally make money hand over fist.

      • Cethin@lemmy.zip
        link
        fedilink
        English
        arrow-up
        9
        ·
        edit-2
        6 months ago

        Trump winning doesn’t do anything except make it a way to bribe the president. Everyone knows who/what are on that site. It’s not going to make advertisers go there. It’s already the place of the loudmouthed former president, which probably gets more users than it being the site that had the president.