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FlyingPiggy

(3,738 posts)
Mon Sep 16, 2024, 12:37 PM Sep 2024

Truth social stocks collapsed recently. I am betting it is a maga who lost his life's savings

The first attempt is a republican. I am betting this is a maga. Democrats are too busy getting the vote out.

7 replies = new reply since forum marked as read
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Truth social stocks collapsed recently. I am betting it is a maga who lost his life's savings (Original Post) FlyingPiggy Sep 2024 OP
Nobody lost a penny unless they sell. jimfields33 Sep 2024 #1
True. But they'll never be able to sell. There is some seriously shady stuff going on w that stock FlyingPiggy Sep 2024 #2
Normally, I'd agree. MLAA Sep 2024 #3
Matter Of Perspective ProfessorGAC Sep 2024 #4
Granddad would call them 'poor dumb bastards' Torchlight Sep 2024 #5
Never truer words. I read somewhere that a lot if magas bought into it hook line& sinker FlyingPiggy Sep 2024 #7
Then the stupid MAGA motherfucker gets his just deserts. Fuck that MAGA shitbag. SoFlaBro Sep 2024 #6

FlyingPiggy

(3,738 posts)
2. True. But they'll never be able to sell. There is some seriously shady stuff going on w that stock
Mon Sep 16, 2024, 01:03 PM
Sep 2024

MLAA

(18,846 posts)
3. Normally, I'd agree.
Mon Sep 16, 2024, 01:07 PM
Sep 2024

But with the recent quarter results of that company, I’d be surprised if more than a small handful of regular (albeit none too bright) stockholders ever have a chance to sell at break even or a profit. $79ish high and currently at $17. And as soon as Trump meets the requirements to sell soon, he will no doubt bail/cash in and then another big drop for regular maga stockholders. I’ve seen it described as a meme stock.

ProfessorGAC

(71,375 posts)
4. Matter Of Perspective
Mon Sep 16, 2024, 01:08 PM
Sep 2024

Is someone bought at 35, they've lost half on what they invested, whether they sell or not.
They bought 100 shares at $35, the had an investment worth $3,500. Now it's worth

Torchlight

(4,252 posts)
5. Granddad would call them 'poor dumb bastards'
Mon Sep 16, 2024, 01:18 PM
Sep 2024

He passed away before 'Useful Idiot' became its more accurate progeny.

Regardless, dummies or idiots, they have no one to point at but their own foolish choices; unless you're a butcher, worshiping a sacred cow is just not a good reason to invest in the market.

FlyingPiggy

(3,738 posts)
7. Never truer words. I read somewhere that a lot if magas bought into it hook line& sinker
Mon Sep 16, 2024, 01:21 PM
Sep 2024

It’s really sad how much they have been swindled by this conman. But they keep wanting to be abused. In fact, they clamor over each other to see who can be abused more. It’s so pathological.

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