Think This Is Just Happening?
A look at the price of DJT stock in the last few trading days: A little to know about DJT, from Bloomberg: "The company lost $344 million in the first six months of the year, mainly because of paper losses on derivatives, and took in just $1.6 million in sales." That would certainly explain the long slide in value of DJT stock since it was in the $70's last spring, as the company is clearly worth less than nothing, but what happened today? I'm not a stock market expert, but I am confident in saying that this is not a normal phenomenon. It is obvious to me that certain forces (read here: the Saudis) are determined to prevent this stock from totally collapsing before Trump can at least salvage a big payoff from what was never any more than a giant scam. Again, from Bloomberg: "Trump, who owns about 60% of Trump Media, is expected to be able to start selling shares as soon as Sept. 20, when a lockup period barring insiders from selling shares is lifted." Exp...