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There Ought To Be A Law

On April 16, TDJ (Trump Media) closed at about $22. Down from the $70 high of its early trading days in March.

With no credible business plan, and mounting losses, the stock was headed down and fast.

But then, a miracle happened. People started showing up, and pumping up the stock. Not a whole lot of people, but enough of them were willing to jack up to the $35 or so level.

And now it's clear why this is happening.

The stock is trading at about $32 today. With 2.5 hours to go, and barring a last minute crash, it looks like this is designed to give Trump another $1.3B in DJT stock.

Company insiders are set to receive millions in bonus shares, with 36 million designated for Trump, Bloomberg reported. The stock needs to trade above $17.50 by the end of the day for the reward to kick in.

Just as long as the Biden crime family is kept out of the White House.
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justanothername · 51-55, M
Classic pump and dump.
The SEC are the police of the NASDAQ but with anything legal the wheels turn slowly.