So I wonder what IPO purchasers think.
Do they think
Donald Trump will appreciate their help and they will somehow be rewarded.
That at least they get a loss for their donation that they were willing to give.
Do they believe in Trumps business ability and it will come good eventually.
Will any be reluctantly coming to conclusion that Trump has played them for suckers? or how else will they avoid reaching this conclusion?
@ChristopherRandles SPAC mergers often smell. But what would happen if Trump gets elected president?
@OmarB Guess we assume Trump following normal protocol and divesting to avoid conflicts of interest is unlikely.
Also guess you are really suggesting that truth social will become more popular. In opposite direction, it amazes me that so many want a fraudster with so many legal issues as their president but it wouldn't do for us all to be the same.
@ChristopherRandles I believe Trump supporters could move the price up trading between each others. Are they willing to risk money? Probably yes, if they consider Trump’s victory worth.
Huh? 14.11 per https://finance.yahoo.com/quote/DJTWW/
but 30.32 per https://www.google.com/finance/quote/DJT:NASDAQ?hl=en
Has one adjusted for stock split or something?
Never mind just ignore DJTWW whatever that is, it is different
@OmarB What rescue from what? Trump has posted $175m bond. Buying shares? The money doesn't go to the company or Trump just to a stock seller. The media company probably just carries on losing money for a good long while until the company runs out of funds or its fortunes improve. Though I could easily be missing something obvious.
Oh well it was a silly hostage to the future comment about one way downwards.
.
9:30 am shows high 40.25 close 40.01 leading to days range high being 40.25.
Even if we exclude that minute as possibly before opening then 9.31 shows 40.02 open and 40.08 high.
So I think return to $40 can resolve