I guess Trump's foreign sponsors tired of propping up his stock?

@LiberalLibrarian Did I hear there was some investigation of investors on his stock? I thought I did but I'm still heat stupid. LOL

@TrueBloodNet I think the FEC is investigating something, but not sure.

@LiberalLibrarian The stock is still up a lot over the year: https://finance.yahoo.com/video/trump-media-stock-falls-sec-135350481.html

"Trump Media & Technology Group's (DJT) stock fell Thursday following the Securities and Exchange Commission's (SEC) approval of a regulatory filing permitting investors holding the company’s derivatives to convert them into shares. This move potentially paves the way for a significant increase in the company's outstanding shares, which may dilute existing shareholders' stakes."

@TrueBloodNet It's fallen something like 45% over the past couple of weeks, though.

@TrueBloodNet Yeah, at the beginning of the week it was at 40. Now it's at 25. Fire sale.

@LiberalLibrarian OK nevermind the investigation thing. It's Trump inc that's requested the investigation saying they were targeted by 'shortsellers'.

@TrueBloodNet It's a pump and dump. We're in the dump phase. I checked the stock's history and at its highest it was $70. Then it crashed, then it recovered, and now it's going down again. A company which lost money shouldn't have a market cap of $4 billion, but I'm no financial master of the universe. I'm sure they know more than I.

@LiberalLibrarian Shrugs. It started at 17.16 and is now at 23. If there wasn't all that pump and dump going on we'd think that was a solid investment. (not me, I mean that would be the hype LOL) I just think we set ourselves up to be disappointed when he taps out with a billion in his pocket. :(

@TrueBloodNet Of course, it may not stabilize at 23, and go below 17. This is a minor distraction, but ETTD.