Shares of Trump Media & Technology Group rose sharply after the assassination attempt on the former president at a Pennsylvania rally Saturday.
Shares of Trump Media & Technology Group rose sharply after the assassination attempt on the former president at a Pennsylvania rally Saturday.
Stock value is only tangentally connected to the actual value of the company
Doesn’t really matter either way if he can secure loans off the back of it.
secure loans? trump is getting precipitously close to where he’s allowed to sell his stake. stock price is the only thing that matters.
I guess I meant in the more general case of stock market billionaires never cashing out and using loans based on the value of the stock to do anything, only ever liquidating enough to pay on the loan, if that even becomes necessary.
But you are pretty correct on that. I wonder how much “rug pull” there will be.