Truth social stocks collapsed recently. I am betting it is a maga who lost his life's savings

[FlyingPiggy]

The first attempt is a republican. I am betting this is a maga. Democrats are too busy getting the vote out.

[jimfields33]

1. Nobody lost a penny unless they sell.

[FlyingPiggy]

2. True. But they'll never be able to sell. There is some seriously shady stuff going on w that stock

[MLAA]

3. Normally, I'd agree.

But with the recent quarter results of that company, I’d be surprised if more than a small handful of regular (albeit none too bright) stockholders ever have a chance to sell at break even or a profit. $79ish high and currently at $17. And as soon as Trump meets the requirements to sell soon, he will no doubt bail/cash in and then another big drop for regular maga stockholders. I’ve seen it described as a meme stock.

[ProfessorGAC]

4. Matter Of Perspective

Is someone bought at 35, they've lost half on what they invested, whether they sell or not.
They bought 100 shares at $35, the had an investment worth $3,500. Now it's worth

[Torchlight]

5. Granddad would call them 'poor dumb bastards'

He passed away before 'Useful Idiot' became its more accurate progeny.

Regardless, dummies or idiots, they have no one to point at but their own foolish choices; unless you're a butcher, worshiping a sacred cow is just not a good reason to invest in the market.

[FlyingPiggy]

7. Never truer words. I read somewhere that a lot if magas bought into it hook line& sinker

It’s really sad how much they have been swindled by this conman. But they keep wanting to be abused. In fact, they clamor over each other to see who can be abused more. It’s so pathological.

[SoFlaBro]

6. Then the stupid MAGA motherfucker gets his just deserts. Fuck that MAGA shitbag.