Shares halted so they could play Ave Maria. Trading resumes in about 40 minutes.
Bucephalus970 on
After Trump’s 50’s dance party I am not shocked.
LonelySwinger on
They just taking a 30min break to sway and play music
pheakelmatters on
Yeah, having a dementia episode in the middle of a town hall will do that…
Gobias_Industries on
The pump was last week, this is the dump.
sugarlessdeathbear on
Yeah yeah, whatever. Who in the hell rescued this from $12.79 to over $30?
SuperGenius9800 on
Final pump and dump before he goes into a home or prison.
theombudsmen on
Hopefully it’s because Trump got some early voting news that makes him think that he needs to cash out before the election.
Basic_Mongoose_7329 on
Watch the Predictive Markets are going to do the same thing to Trump
EDIT: yep, Predictit is already +2 for Harris and -1 for Trump
sailZup on
Send in the army! (trump probably)
HelleEpoque on
I thought for sure they would run the pump all week but apparently DJT just does not have the stamina. Sad. Low energy. Anyway…
nopeofnopenope on
I can hear the sad trombone noise coming from the DJT stock right now
Phantomknight74 on
…and now the dump!
chillywanton on
Lol. Total pump and dump again. We could all see it coming. Those MAGAts are going to be in serious debt if they climbed aboard again a couple days ago.
CurrentlyLucid on
Everybody trying to wipe before all the TP burns up.
Somerset-Sweet on
The price of put options on DJT have been insane since the beginning. The market has been betting hard on the stock going down down down.
Everyone knows the company doesn’t make any money, won’t ever make significant money, and Trump has millions of shares he can liquidate.
The stock exists as a way to give Trump money without actually giving it to him.
The only questions are, when does he liquidate, and how many MAGA faithful are going to be left holding the bag?
MrrCharlie on
I bet he’s shitting his pants right about now. He’s probably upset about his stock tanking, too.
QubixVarga on
lol, to anyone invested in this shit, you deserve to lose your money.
reddittorbrigade on
Please vote for Trump if you want your 401k to sink like DJT.
xxxxx420xxxxx on
Trump sues Wall St. in 3..2..1..
SilvarusLupus on
Awww did people panic after that amazing dance last night
SidewaysFancyPrance on
It dropped by like 10%? It should have dropped 90% to be closer to fair market value. They halted an overdue correction.
This stock should be volatile/risky and have a chance to plummet to near-zero value, based on the financials. Stopping it at 27 is propping it up.
Scoobysnax1976 on
I was wondering this morning what caused the 100% gain that the stock has seen in the last two weeks. Yahoo Financial has an article stating that it is caused by the “election odds changing in Trumps favor”. Wonder what they will blame for the sudden drop?
shivaswrath on
The dementia episode really hit it home.
In plain sight.
Am_Deer on
So many politicians hedge their position during/after their term for financial gain. He’s the first I’ve seen get worse off after being president. Excellent business man my ass.
ScarilyFalse on
Sounds like someone is unloading a large amount of DJT stock.
yosarian_reddit on
CNBC quoting polymarket’s numbers like it’s not partly owned by Peter Thiel, the guy who literally owns JD Vance. Polymarket is worthless as a predictor of actual results, it just tells us what some crypto bros and compulsive gamblers think, neither group is known for wisdom.
JubalHarshaw23 on
Fraudulently valued stock crashes again.
chubs66 on
I always look at the stock price when these articles are posted and I’m always disappointed.
DJT is down 15% today. But it’s still up 50% over 1 month and up 23% over the last 5 days.
Onepride91 on
Remember the good ol’ days where at least he’d lie about divesting?
NewCoderNoob on
There was a pump that probably drew in many of his filth to spend their cash and someone cashed out. It’s funny.
avanbeek on
I just checked it. How the fuck did it go from less than $13 (which even at that is grossly overvalued) just 3.5 weeks ago to $26 today even after the drop? Pretty much all of the co-founders have sold out. Dead cat bounce? Money Laundering? Pump and Dump? Short squeeze?
jasoncross00 on
Note:
These “limit up / limit down” halts to single stock trades are automatic, universal, and mandated by the SEC on all exchanges. No human being made this decision, it was automatic regulatory compliance for NASDAQ.
The same thing happened almost exactly a month ago on a huge UPWARD swing, and Trump got big mad and blamed the deep state and stuff. It will be interesting to seem him do the same thing now that the same automatic mechanism stopped a huge selloff. (He won’t.)
caelestis42 on
Trump selling, anti American forces buying (i.e. putting money into his campaign by this roundabout way they found that circumvents the regulations for foreign powers influencing U.S. elections)
No_File7667 on
He’s gonna make America a financial powerhouse or whatever lol what a fucking bloated loser
PorgCT on
You have to be a complete fucking moron to think this is a good investment.
citizenjones on
I like to think that they saw the dancing video this morning and was like sell, sell sell…but may, P&D right on schedule.
37 Comments
Shares halted so they could play Ave Maria. Trading resumes in about 40 minutes.
After Trump’s 50’s dance party I am not shocked.
They just taking a 30min break to sway and play music
Yeah, having a dementia episode in the middle of a town hall will do that…
The pump was last week, this is the dump.
Yeah yeah, whatever. Who in the hell rescued this from $12.79 to over $30?
Final pump and dump before he goes into a home or prison.
Hopefully it’s because Trump got some early voting news that makes him think that he needs to cash out before the election.
Watch the Predictive Markets are going to do the same thing to Trump
EDIT: yep, Predictit is already +2 for Harris and -1 for Trump
Send in the army! (trump probably)
I thought for sure they would run the pump all week but apparently DJT just does not have the stamina. Sad. Low energy. Anyway…
I can hear the sad trombone noise coming from the DJT stock right now
…and now the dump!
Lol. Total pump and dump again. We could all see it coming. Those MAGAts are going to be in serious debt if they climbed aboard again a couple days ago.
Everybody trying to wipe before all the TP burns up.
The price of put options on DJT have been insane since the beginning. The market has been betting hard on the stock going down down down.
Everyone knows the company doesn’t make any money, won’t ever make significant money, and Trump has millions of shares he can liquidate.
The stock exists as a way to give Trump money without actually giving it to him.
The only questions are, when does he liquidate, and how many MAGA faithful are going to be left holding the bag?
I bet he’s shitting his pants right about now. He’s probably upset about his stock tanking, too.
lol, to anyone invested in this shit, you deserve to lose your money.
Please vote for Trump if you want your 401k to sink like DJT.
Trump sues Wall St. in 3..2..1..
Awww did people panic after that amazing dance last night
It dropped by like 10%? It should have dropped 90% to be closer to fair market value. They halted an overdue correction.
This stock should be volatile/risky and have a chance to plummet to near-zero value, based on the financials. Stopping it at 27 is propping it up.
I was wondering this morning what caused the 100% gain that the stock has seen in the last two weeks. Yahoo Financial has an article stating that it is caused by the “election odds changing in Trumps favor”. Wonder what they will blame for the sudden drop?
The dementia episode really hit it home.
In plain sight.
So many politicians hedge their position during/after their term for financial gain. He’s the first I’ve seen get worse off after being president. Excellent business man my ass.
Sounds like someone is unloading a large amount of DJT stock.
CNBC quoting polymarket’s numbers like it’s not partly owned by Peter Thiel, the guy who literally owns JD Vance. Polymarket is worthless as a predictor of actual results, it just tells us what some crypto bros and compulsive gamblers think, neither group is known for wisdom.
Fraudulently valued stock crashes again.
I always look at the stock price when these articles are posted and I’m always disappointed.
DJT is down 15% today. But it’s still up 50% over 1 month and up 23% over the last 5 days.
Remember the good ol’ days where at least he’d lie about divesting?
There was a pump that probably drew in many of his filth to spend their cash and someone cashed out. It’s funny.
I just checked it. How the fuck did it go from less than $13 (which even at that is grossly overvalued) just 3.5 weeks ago to $26 today even after the drop? Pretty much all of the co-founders have sold out. Dead cat bounce? Money Laundering? Pump and Dump? Short squeeze?
Note:
These “limit up / limit down” halts to single stock trades are automatic, universal, and mandated by the SEC on all exchanges. No human being made this decision, it was automatic regulatory compliance for NASDAQ.
The same thing happened almost exactly a month ago on a huge UPWARD swing, and Trump got big mad and blamed the deep state and stuff. It will be interesting to seem him do the same thing now that the same automatic mechanism stopped a huge selloff. (He won’t.)
Trump selling, anti American forces buying (i.e. putting money into his campaign by this roundabout way they found that circumvents the regulations for foreign powers influencing U.S. elections)
He’s gonna make America a financial powerhouse or whatever lol what a fucking bloated loser
You have to be a complete fucking moron to think this is a good investment.
I like to think that they saw the dancing video this morning and was like sell, sell sell…but may, P&D right on schedule.