To me it seems like a meme stock. From my point of view, buying single stocks doesn't seem appealing, regardless of my support of the person behind it. Looking at it from his point of view, it is a brilliant way to get people to literally buy into you.
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Originally posted by myrdale View PostTo me it seems like a meme stock. From my point of view, buying single stocks doesn't seem appealing, regardless of my support of the person behind it. Looking at it from his point of view, it is a brilliant way to get people to literally buy into you.History will judge the complicit.
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Originally posted by ua_guy View Post
Ponzi schemes aren't a brilliant or new idea, but they can be lucrative.
The last time I checked a Ponzi scheme used money from new investors to pay off old investors. People buying and selling sock in Trump Media is no different that selling stock in X, Facebook, Tesla, Google, or Microsoft.
Either the company makes profits and the people who invested in the stocks are rewarded or the company goes under and people lose their investment.
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