Lanky_Pomegranate530 to AntiTrumpAlliance@lemmy.worldEnglish · 8 months agoTrump’s Truth Social is now a public company. Experts warn its multibillion-dollar valuation defies logic | CNN Businessedition.cnn.comexternal-linkmessage-square6fedilinkarrow-up132arrow-down11file-textcross-posted to: usnews@lemy.lolnews@lemmy.world
arrow-up131arrow-down1external-linkTrump’s Truth Social is now a public company. Experts warn its multibillion-dollar valuation defies logic | CNN Businessedition.cnn.comLanky_Pomegranate530 to AntiTrumpAlliance@lemmy.worldEnglish · 8 months agomessage-square6fedilinkfile-textcross-posted to: usnews@lemy.lolnews@lemmy.world
For the first time in almost 30 years, part of Donald Trump’s business empire has gone public. Trading started with a bang.
minus-squareSpaceNoodle@lemmy.worldlinkfedilinkEnglisharrow-up15·8 months agoPump & dump. Seems like a hail mary with the hopes of using his holdings as collateral, as long as there’s some sucker out there ignoring both the illiquidity and massive overvaluation …
minus-squarePatapon Enjoyer@lemmy.worldlinkfedilinkEnglisharrow-up4·8 months agoThey’re are a lot of suckers, but is there a sucker with 174 million?
Pump & dump.
Seems like a hail mary with the hopes of using his holdings as collateral, as long as there’s some sucker out there ignoring both the illiquidity and massive overvaluation …
They’re are a lot of suckers, but is there a sucker with 174 million?