A Fool and Her Money Are Soon Grifted

Posted on October 27, 2021 by tengrain

Rep. 3-Names
(File Photo: Twitter)

Rep. 3-Names invested up to $50,000 in the SPAC* stock linked to Donald Trump’s planned social media platform. It’s performing about as well as any Trump bidness:

But based on [Digital World Acquisition Corp] price fluctuations and when Greene said she made her investment on Friday, it’s almost certain she has lost money on the trade.

On Friday, DWAC opened at $118.80 a share and dipped as low as $67.96 a share. It’s now trading around $54 a share. That means, at best, Greene has lost about 20% on her investment.

But at best she’s lost about 100% of her mind.

In related news, Lord Damp Nut’s social network broke software rules and has 30 days to comply before access is terminated or the platform is sued. So Rep. 3-Names investment strategy continues to impress.

* “SPACs are a special type of company that have no commercial operations.

“Instead, they fundraise aggressively through an initial public offering and eventually merge with a smaller company that meets the goals of the SPAC’s prospectus. Also known as “blank-check” companies, SPACs have grown popular on Wall Street in recent years as a way for both private-equity firms and the general public to invest in young firms.”

This entry was posted in Grifters Gotta Grift, Hair Führer Donald Trump, Our Failed Social Media, Rep. 3-names Perjury Taylor Greene, Social Media, Truth Social Media. Bookmark the permalink.

10 Responses to A Fool and Her Money Are Soon Grifted

  1. spotthedog says:
    October 27, 2021 at 8:31 am

    TFG will convince her to buy more shares, hope she does.

    Liked by 2 people

  2. brucedesertrat says:
    October 27, 2021 at 9:06 am

    Also known as “blank-check” companies, SPACs have grown popular on Wall Street in recent years as a way for both private-equity firms and the general public to invest in young firms. get grifted by the banksters.”

    FTFY…..end-stage capitalism is a vicious hellscape of vast sums of money chasing returns, any returns so long as you’re not left debt bomb when the music stops.

    Liked by 3 people

    • Sirius Lunacy says:
      October 27, 2021 at 10:02 am

      I’m not an expert by any means, but I’m pretty sure the correction should be more like…

      Also known as “blank-check” companies, SPACs have grown popular on Wall Street in recent years as a way for both private-equity firms to invest in young firms and the general public get grifted by the banksters.”

      Liked by 1 person

    • revzafod says:
      October 27, 2021 at 7:23 pm

      “…when the music stops.”

      Like

  3. Pharmakeus Ubik says:
    October 27, 2021 at 9:52 am

    This is just the price of signaling fealty to ol’ Mt. Adderall. She probably bought the stock with campaign funds.

    Liked by 1 person

  4. roket says:
    October 27, 2021 at 11:32 am

    I don’t have a problem with grifters grifting grifters. IMHO this whole concept of a conservative-based social platform is a grift. TFG is knee-deep in it. However, and luckily for him, all he has to lose is his brand name value.

    Liked by 1 person

  5. Big Bad Bald Bastard says:
    October 27, 2021 at 4:19 pm

    Too dumb to recognize a pump and dump scam.

    Liked by 1 person

  6. schmice3 says:
    October 27, 2021 at 5:44 pm

    To my Republican acquaintances: BUY!!

    Like

Comments are closed.