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mahatmakanejeeves

(68,237 posts) Thu Apr 3, 2025, 08:06 AM Apr 2025

Let's see who has the unfortunate task of ringing the opening bell this morning ... Ah, perfect: Newsmax.

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‪Brian Floyd‬ ‪@brianmfloyd.bsky.social‬
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let’s see who has the unfortunate task of ringing the opening bell tomorrow … ah perfect
newsmax is ringing the opening bell at the stock market
ALT
April 2, 2025 at 11:57 PM

Brian Floyd
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let’s see who has the unfortunate task of ringing the opening bell tomorrow … ah perfect

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newsmax is ringing the opening bell at the stock market
ALT
April 2, 2025 at 11:42 PM

5 replies

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Let's see who has the unfortunate task of ringing the opening bell this morning ... Ah, perfect: Newsmax. (Original Post) mahatmakanejeeves Apr 2025 OP

hahahaha chia Apr 2025 #1

It's too bad shorting is not yet allowed for Newsmax Joe Cool Apr 2025 #2

My right wing in-laws bought 50 shares of the Newsmax IPO. Tommy Carcetti Apr 2025 #3

How much did they buy it for? Joe Cool Apr 2025 #4

IPO was $10/share. nt Tommy Carcetti Apr 2025 #5

chia

(2,751 posts)

1. hahahaha

Reply to mahatmakanejeeves (Original post)

Thu Apr 3, 2025, 08:10 AM

Apr 2025

Joe Cool

(1,078 posts)

2. It's too bad shorting is not yet allowed for Newsmax

Reply to mahatmakanejeeves (Original post)

Thu Apr 3, 2025, 08:21 AM

Apr 2025

I was going to jump in around $200 as it was headed down. Probably would have done 100 shares. Currently, that would have been about $15,000.
A lot of right wingers are going to lose their shirt over that classic pump and dump and I am about it.

Tommy Carcetti

(44,410 posts)

3. My right wing in-laws bought 50 shares of the Newsmax IPO.

Reply to mahatmakanejeeves (Original post)

Thu Apr 3, 2025, 08:29 AM

Apr 2025

It was a foolish move even for them, buying a crap stock on strictly ideological grounds.

It's like if your alma mater made it to the NCAA tournament but as a 16th seed, but you bet on them to win it all simply because they're your alma mater.

They are now cursing their decision, as they are currently frozen from selling at the moment.

Joe Cool

(1,078 posts)

4. How much did they buy it for?

Reply to Tommy Carcetti (Reply #3)

Thu Apr 3, 2025, 09:03 AM

Apr 2025

Once I saw it hit $200 I wanted to short it but shorting is not yet permitted. Once it is, that stock is going to tank to single digits.

Tommy Carcetti

(44,410 posts)

5. IPO was $10/share. nt

Reply to Joe Cool (Reply #4)

Thu Apr 3, 2025, 09:22 AM

Apr 2025

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