A Fool and Her Money Are Soon Grifted

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, Marjorie Taylor Greene, Our Failed Social Media, Social Media, Truth Social Media. Bookmark the permalink.

10 Responses to A Fool and Her Money Are Soon Grifted

  1. spotthedog says:

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

    Liked by 2 people

  2. 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:

      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:

      “…when the music stops.”

      Like

  3. 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:

    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:

    Too dumb to recognize a pump and dump scam.

    Liked by 1 person

  6. schmice3 says:

    To my Republican acquaintances: BUY!!

    Like

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