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Trump is booted off Bloomberg’s Billionaire list after Truth Social stock price dives
(www.independent.co.uk)
this post was submitted on 10 Apr 2024
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[ womp womp ]
I like that I initially thought you linked RDDT.
It’s not doing much better, lol
📈📉
It's great to see, but in the context of the above post, Spez and the CFO dumped hundreds of thousands of shares right after the IPO.
Trump... did not.
So you can argue that spez did not come out of that a loser. You can't make that argument about Trump.
I will argue that spez absolutely did come out as a loser. A rich loser, but a literal bag of crap. Not unlike the other one, so he knows what he can aspire to become.
I think he's definitely one of those people who thinks that his reputation doesn't matter as long as he's rich. When has he really ever cared much about what people think of him?
True, just like Trump. It's a shame they don't feel it, they should.
I don't agree there. I think Trump cares a lot about what people think of him. To the point that he considers anyone who doesn't kiss his ass to be part of the enemy.
spez doesn't give a shit if you kiss his ass or ignore him as far as I can tell from my decade plus on Reddit.
I don't think Trump put any of his money into Truth Social. So whatever money he does make when he's able to dump his shares will be pure profit for him. So he's also not coming out a loser.
But it's still funny because he probably thought he had all this money and now is decreasing every day.
I've been watching it for the lulz.
It's still got a $4.5B market cap, though.
I work at an energy company that has quite literally over a billion in physical infrastructure in the ground right now and its worth less than this glorified Mastadon instance.