Shares of Trump Media & Technology Group rose sharply after the assassination attempt on the former president at a Pennsylvania rally Saturday.

  • downpunxx@fedia.ioOP
    link
    fedilink
    arrow-up
    10
    arrow-down
    1
    ·
    4 months ago

    secure loans? trump is getting precipitously close to where he’s allowed to sell his stake. stock price is the only thing that matters.

    • NegativeInf@lemmy.world
      link
      fedilink
      arrow-up
      5
      ·
      4 months ago

      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.