
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.”
TFG will convince her to buy more shares, hope she does.
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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.
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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.”
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“…when the music stops.”
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This is just the price of signaling fealty to ol’ Mt. Adderall. She probably bought the stock with campaign funds.
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Oh, please let it be so, but I suspect the Universe doesn’t love me enough for that…
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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.
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So, nothing to lose then.
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Too dumb to recognize a pump and dump scam.
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To my Republican acquaintances: BUY!!
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