Trump Media sinks to $18 a share, its lowest ebb yet

There’s a real issue with stocks that grant awards to executives based on price targets for the stock rather than on more direct business related goals such as revenue targets.

I’m not saying DJT is a scam company (well, maybe I will). But if a company does not have its house in order when it comes to revenue, it is not likely a reliable long-term investment. (poor BlackRock and Vanguard!)

My unqualified opinion is that most likely it is a scam company designed to milk money from investors and put it into Drumpf’s pocket. Take for example, the stock rewards that Drumpf received back in May for pumping the stock up. Then which Drumpf sold 2 weeks later. That’s a classic pump & dump. But if the paperwork is done right, it’s legal (well, grey area. difficult to prosecute). And because there’s a sucker born every minute, wash-rinse-and-repeat.

Drumpf belongs in prison with Enron executives, Bankman-Fried, and Bernie Madoff.

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