BaroqueInMind ,

So Trump Media is operating on a revenue stream of 4 million a year, and is reporting a yearly loss of 58 million. How the fuck is that company's stock rated at $60/share?

originalfrozenbanana ,

Rational markets 👍

Stupidmanager ,

Well first, throw logic out the door and you’ll come by your answer a little easier. hint, it’s because of capitalism.

_dev_null ,
@_dev_null@lemmy.zxcvn.xyz avatar

It's a vehicle for trump to accept foreign money, that's how.

Davel23 ,

Former President Donald Trump has sued the co-founders of Truth Social, alleging they mismanaged the social media platform early on and should therefore lose their stock in the company, which recently went public.

If mismanagement is enough to prevent someone from owning stock, Trump should not own a single share of anything.

FlyingSquid ,
@FlyingSquid@lemmy.world avatar

I was going to ask which one of these people is the biggest idiot and then I realized the answer was yes.

originalucifer ,
@originalucifer@moist.catsweat.com avatar

i almost feel bad for these guys.. but i dont. its common knowledge that no good comes from going into business with trump

FakeGreekGirl ,
@FakeGreekGirl@lemmy.blahaj.zone avatar

Yeah, I feel nothing for these people. They knew he was a snake when they took him in.

TropicalDingdong ,

https://lemmy.world/pictrs/image/bc5319f9-5070-4fe0-b298-55bb2b8d1dca.gif

EdibleFriend ,
@EdibleFriend@lemmy.world avatar

https://media1.tenor.com/m/tt8WpWm4gi4AAAAC/simpsons-hahah.gif

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