Is Trump the worst business man in US history?

[begooode]

 

Trump Media shares sink more than 6% two days before merger ‘lockup’ period ends

https://www.cnbc.com/2024/09/17/djt-trump-media-shares-sink-6percent-days-before-lockup-restrictions-lift.html

[Rogue]

15 hours ago, nine said:

Should have seen this coming:  Trump announces the launch of his own cryptocurrency platform.    
 

https://apnews.com/article/trump-crypto-digital-assets-a08456edc5947451f3f23b184ed9fb29

 

World Liberty Financial is expected to be a borrowing and lending service used to trade cryptocurrencies, which are forms of digital money that can be traded over the internet without relying on the global banking system. Exchanges often charge fees for withdrawals of Bitcoin and other currencies.

 

Other speakers after Trump, including his eldest son, Don Jr., talked about embracing cryptocurrency as an alternative to what they allege is a banking system tilted against conservatives. 
 

Experts have said a presidential candidate launching a business venture in the midst of a campaign could create ethical conflicts.

 

“Taking a pro-crypto stance is not necessarily troubling; the troubling aspect is doing it while starting a way to personally benefit from it,” Jordan Libowitz, a spokesperson for the government watchdog group Citizens for Responsibility and Ethics in Washington, said earlier this month.

 

And the majority of his supporters has at some point decried democrats for wanting to make the US a cashless society.  

I wonder how many of his supporters will be upset about this?  Maybe 20?   Hell, I wonder how many of them will hear about this.  Maybe 2?  

This is the GOP.  

 

 

[OILERMAN]

DJT stock down in the 15.40 range......lol

 

We're about a week from Trump being able to cash in. He recently claimed he wouldn't(lol)

[ctm]

7 minutes ago, OILERMAN said:

DJT stock down in the 15.40 range......lol

 

We're about a week from Trump being able to cash in. He recently claimed he wouldn't(lol)

 He's not worried.  He's got a crypto scam waiting in the wings for the suckers and money launderers.

[OILERMAN]

Market booming….

 

Except DJT! Down 4%

 

You Trumpers buy this dip!!!

['Nator]

2 hours ago, OILERMAN said:

Market booming….

 

 

Wait bro wait! Remember that one day when everything crashed a month or so ago? All the smart right wing posters here said the economy was toast. Bc of that one day. 

 

What happened? 

['Nator]

 

[begooode]

Part of that stock market high is excess corporate profits, so I’m leery of being too happy. That I’m fully expecting to be letdown by the people who cop out with: “I only vote my 401k!” yet they will still create a rationale for prop up Trump. For quite a few voters, the election was never going to be about the economy. 

[ctm]

First day after the lockup period for DJT stock ends. Average daily volume has been slightly less than 9M shares traded.  Today...21.6M shares traded.  Sure looks like insider selling.

 

Stock down 7.8% today.

Edited September 20, 2024 by ctm

[IsntLifeFunny]

33 minutes ago, ctm said:

First day after the lockup period for DJT stock ends. Average daily volume has been slightly less than 9M shares traded.  Today...21.6M shares traded.  Sure looks like insider selling.

 

Stock down 7.8% today.

The best part is all the sharps made their money a while back on the upswing. You even said it at some point it was the play to short it, which is exactly what they did after cashing out at the top end. 

 

The idiots are the only ones holding the bag and it's hilarious.

[OILERMAN]

 

[Starkiller]

58 minutes ago, OILERMAN said:

 

He’s running out of time to fleece the suckers…

Edited September 22, 2024 by Starkiller

[begooode]

Good lord, this latest ‘well timed business adventure’ once again shows Trump’s true intentions. With less than 2 months left in an election where he finds himself trailing in several swing state polls, Trump is launching a sketchy cryptocurrency and a collector’s coin with 70% margins — targeting his unsophisticated yet rabid fans.

 

I’m guessing Trump sees all this Trump merch littering the country and knows he can get even more from these zealots — because more is more. When his rallies are shown on Nexmax, etc, the whole time there’s a Home Shopping Network feel to them as they hawk bullshit Trump merch outside of his campaign. Now add crypto and more bullshit scammy items to his bibles, shoes, etc, way beyond the normal bric-a-brac campaign sundries, it’s fucking embarrassing watching a charlatan pastor fleece his congregation while they simultaneously throw their money at him and call you a misguided for not doing the same.

Edited September 22, 2024 by begooode

[nine]

As an American, I never cease to be disgusted and appalled that a former (and perhaps future) President continues shamelessly attaching his name and likeness to a wide variety of  predatory get-rich-quick cash grabs that are specifically designed to target and exploit American retirees and his own blue-collar working class supporters.  
 

The hell of it is, his supporters not only willingly throw away their money on this crap….when they inevitably (and invariably) discover they got screwed and their investment is essentially worthless, they cast blame on everyone EXCEPT the one individual whose name has been directly attached to and actively promoted all these moneymaking schemes. 
 

There’s even a saying about this sort of thing:   “It’s far easier to fool people than it is to convince people that they’ve been fooled.”

 

Good thing it’s not a cult, right?

 

[OILERMAN]