GottaLaff,
@GottaLaff@mastodon.social avatar

may be about to get $3 billion richer. But that likely won’t solve his cash crunch

Trump won’t be able to monetize that stake right away,” said Matthew Kennedy, senior initial public offering market strategist at Renaissance Capital…Not only that, but Truth Social appears to be shrinking.”

https://www.cnn.com/2024/03/22/business/trump-truth-social-dwac-shares?cid=ios_app

Wileymiller,
@Wileymiller@mastodon.social avatar

@GottaLaff
That's what happens when you throw cold water on it.

GottaLaff,
@GottaLaff@mastodon.social avatar

@Wileymiller My Costanza joke never fails

Wileymiller,
@Wileymiller@mastodon.social avatar

@GottaLaff
Especially when it comes to the 🍄man

TCatInReality,
@TCatInReality@mastodon.social avatar

@GottaLaff
Still don't understand how the SEC allowed this obvious sham merger to go through, in open transgression of the SPAC rules.

MasterMischief,
@MasterMischief@mastodon.social avatar

@GottaLaff What? The shoes aren't selling?

GottaLaff,
@GottaLaff@mastodon.social avatar

@MasterMischief Gold is so passe

mrbruno,
@mrbruno@mstdn.social avatar

@GottaLaff
Jerry : [Elaine is walking through the hallway, Jerry and George call her into the room] Elaine!
Jerry : Do women know about shrinkage?
Elaine : What do you mean? ...
Jerry : No, like when a man goes swimming... ...
Elaine : It shrinks?
Jerry : Like a frightened turtle!
Elaine : Why does it shrink?

GottaLaff,
@GottaLaff@mastodon.social avatar

@mrbruno The very same.

ottaross,
@ottaross@mastodon.social avatar

@GottaLaff what a short-seller's dream that IPO would be.

Stinson_108,

@ottaross @GottaLaff

Short selling is the world's most dangerous game. Going short when you know the company is about to declare bankruptcy is a great play.

Going short because the business model is flawed or the company has never made money or you think other shareholders are idiots is a bad play.

may be the stock of the year, like Game Stop.

tdwllms1,
@tdwllms1@mstdn.social avatar

@GottaLaff

But can he use it as collateral and get some funds now from a sugar daddy

  • All
  • Subscribed
  • Moderated
  • Favorites
  • random
  • DreamBathrooms
  • everett
  • InstantRegret
  • magazineikmin
  • thenastyranch
  • rosin
  • GTA5RPClips
  • Durango
  • Youngstown
  • slotface
  • khanakhh
  • kavyap
  • ngwrru68w68
  • tacticalgear
  • JUstTest
  • osvaldo12
  • tester
  • cubers
  • cisconetworking
  • mdbf
  • ethstaker
  • modclub
  • Leos
  • anitta
  • normalnudes
  • megavids
  • provamag3
  • lostlight
  • All magazines