How does someone come up with the value? Reddit has 300 million users and worth 6 billion, truth has 3 million and worth 3 billion?? Doesn’t make sense
One of the things Trump got charges for IS overinflating value of what he owns
Oh I thought there was a scientific method which calculates the value using concrete, verifiable metrics… I didn’t realize it was created out of thin air. Seems perfect for money laundering.
This is something to learn. All value is created out of thin air.
Or another way of putting this, is that a price only exists when someone is willing to pay it.
Ahhh so this is how he pays his fines. Suddenly it’s worth billions and has one Russian Buyer
Actually, he can’t sell his shares for 6 months. It’s also speculated that if he did sell his shares, the value of all shares would go down.
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Not exactly looking great for DWAC on this news. Not sure what this represents for a lock in period or if Trump can leverage that position to make bond.
Wow 6 whole percent
yeah but like not even a bump on the news?
Bruh if your best news results in a down five percent day…
Like fine but lemme buy some puts right? Because she of your best day when the home boy announce the SPAC…
like bruh some bullshit EV stock I got pulled a permit to build a building ant it went up 25%. I get five percent ain’t shit but five percent on the best news you gonna get…
Investors know Trump is about to pump and dump. Still looks like a new floor with probably more to come.
Not investment advice. Taking investment advice from me is extremely hazardous to your portfolio and should be avoided at all cost.
a new floor
Might be. If I knew how to tell the difference between floors and ceilings, I’d be doing a hell of a lot better. But who knows on price level, and even moreso with a SPAC that doesn’t actually have to report out numbers like a real company.
I’m saving my bearish sentiment for the Reddit IPO.
