vegeta@lemmy.world to News@lemmy.world · 6 days agoTrump Media plummets 10% as post-lockup selloff picks up steamwww.cnbc.comexternal-linkmessage-square44fedilinkarrow-up11arrow-down10
arrow-up11arrow-down1external-linkTrump Media plummets 10% as post-lockup selloff picks up steamwww.cnbc.comvegeta@lemmy.world to News@lemmy.world · 6 days agomessage-square44fedilink
minus-squaretal@lemmy.todaylinkfedilinkEnglisharrow-up0·6 days agochecks Yahoo Finance It’s lost 29.69% of its value in the last five days.
minus-squareikidd@lemmy.worldlinkfedilinkEnglisharrow-up0·6 days agoThe Saudis and Russia will shore up the price shortly before mushroomhead starts selling like a banshee, then they’ll slurp up all his shares at the ask price. I’ve thought about call options but I’m not that brave.
minus-squareMintyFresh@lemmy.worldlinkfedilinkarrow-up0·6 days agoThat’s what people are missing here. It’s essentially just a vehicle for anyone to bribe trump nice and easy.
minus-squarethatKamGuy@sh.itjust.workslinkfedilinkarrow-up0·6 days agoI don’t think Russia’s affording all that much nowadays… last I heard, they were experiencing liquidity issues trading with China?
minus-squareorcrist@lemm.eelinkfedilinkarrow-up0·5 days agoRussia has many different rich people in it. Some have more free cash than others, of course. It isn’t some monolithic entity.
minus-squarefine_sandy_bottom@lemmy.federate.cclinkfedilinkarrow-up0·6 days agoThese reductions are so large it’s hard to conceptualise. There was a peak several months ago of $65. Now they’re $13.55 or sth? Commentators all along have been saying that the values are a proxy for Trump’s popularity. If so, things aren’t looking good.
minus-squareslurpeesoforion@startrek.websitelinkfedilinkarrow-up0·6 days agoThey look pretty good from where I’m sitting.
minus-squareroscoe@lemmy.dbzer0.comlinkfedilinkarrow-up0·6 days agoThe 52-week high is just under $80. That would be intra-day though, maybe it never closed above $65.
checks Yahoo Finance
It’s lost 29.69% of its value in the last five days.
The Saudis and Russia will shore up the price shortly before mushroomhead starts selling like a banshee, then they’ll slurp up all his shares at the ask price. I’ve thought about call options but I’m not that brave.
That’s what people are missing here. It’s essentially just a vehicle for anyone to bribe trump nice and easy.
I don’t think Russia’s affording all that much nowadays… last I heard, they were experiencing liquidity issues trading with China?
Russia has many different rich people in it. Some have more free cash than others, of course. It isn’t some monolithic entity.
These reductions are so large it’s hard to conceptualise.
There was a peak several months ago of $65. Now they’re $13.55 or sth?
Commentators all along have been saying that the values are a proxy for Trump’s popularity. If so, things aren’t looking good.
They look pretty good from where I’m sitting.
The 52-week high is just under $80. That would be intra-day though, maybe it never closed above $65.
I’m betting that accelerates.