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The former President is stone cold stupid. Just listen to him.


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You can't short sell Trump Social because it's such a guarantee it will fail 

 

https://www.nytimes.com/2024/04/03/business/trump-media-short-selling.html?unlocked_article_code=1.h00.Uu1G.NiTsJhcNv8hm&smid=url-share

 

But short-sellers are finding it difficult and costly to trade in Trump Media. There are roughly 137 million shares in the company, and only around five million of those are available to short-sellers.

 

Mr. Trump owns about 60 percent of shares, and company executives also hold a chunk of the stock. Company insiders tend not to lend their shares to short-sellers. Big asset managers like BlackRock, Vanguard and State Street, which regularly lend out shares, are not major holders of Trump Media, further crimping the supply.

According to S3, 4.9 million of the roughly five million available shares are already on loan. As with any loan, when share owners lend their stock to a short-seller, they charge a fee, usually expressed as an annual interest rate on the stock’s current value. Typically, the fee for borrowing stock is a fraction of a percentage point. For Trump Media, it has risen to 550 percent, Mr. Dusaniwsky said.

 

Trump Media’s stock currently trades at around $50. That means that shorting it for a month would cost more than $20 per share. For a short-seller to break even, the stock price would have to fall by almost half by early May.

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In a bizarre interview with Fox News last night, President Trump stood next to a sculpture in the Oval Office that he said depicts former president Teddy Roosevelt, and explained that statues are vita

Biden misspeaks, trips and says some stupid stuff sometimes.   Trump is a complete fucking moron and embarrasses himself routinely.    If you don't see the difference you're either

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Possible new business venture for Trumpty Dumpty...  The doofus should start a pizza joint biz and call it Pappa Don's.  🍕  You can't eat there though unless you're a full MAGA tard. 

 

All orders have a built in extra $10 donation fee tax, which is $1 for every stupid fuckin' star on his pair of goofy ass shoes.  The $10 profits are sent straight to Donny's bank account, of course. 

 

Employees at Pappa Don's have to wear their MAGA hats, T-shirts and golden T stooge shoes.  There will not be any refunds either, if the customer isn't satisfied.  Just like with the T shoes. 

 

Hairs, spit, jizz, you name it... whatever unknown toppings the customer finds on their pizza, could not have come from Poppa Don's, as evil Joe Biden himself must have put it on there.  If Donny says Biden did it, all employees must believe this, without question!

 

Welcome to Pappa Don's!  🍕  Enjoy!

 

 

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  • 4 weeks later...

Trump loves nothing more than crowing about how he got over on somebody, at least in his own mind. And it's definitely bonus points when he just lies outright to win the moment vs 'another sucker'.  From 2018:

 

President Trump boasted in a fundraising speech Wednesday that he made up information in a meeting with the leader of a top U.S. ally, saying he insisted to Canadian Prime Minister Justin Trudeau that the United States runs a trade deficit with its neighbor to the north without knowing whether that was true.

 

....The Office of the United States Trade Representative says the United States has a trade surplus with Canada. It reports that in 2016, the United States exported $12.5 billion more in goods and services than it imported from Canada, leading to a trade surplus, not a deficit.

 

In response to this story, Trump on Thursday went on Twitter to reiterate his false assertion that the United States has a trade “deficit” with Canada and said it was other countries that refused to accept that such imbalances exist.

 

https://www.washingtonpost.com/news/post-politics/wp/2018/03/14/in-fundraising-speech-trump-says-he-made-up-facts-in-meeting-with-justin-trudeau/

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