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Posted on 4/10/25 at 10:34 am to Fells
So now you're against stocks going up?
Posted on 4/10/25 at 10:35 am to sidewalkside
quote:
he didn't realize any gains or losses.
This board gets too stuck on if the equity was sold or not. By this logic, one would argue that it wouldn't matter if you had $10k in stock or $80k in stock at the end of the day as long as you didn't realize your gains or losses.
What he does gain is opportunity and, as you said, net worth. He gained the opportunity to realize a larger quantity of those percentage gains at a higher value, now and anytime in the future.
edit: Apparently the $415M is related to Trump Media, not a portfolio of his holdings or an investment firm of his, so this headline and article specifically is unrelated. It's just comparing one standard, non-holding company stock to the broader market as far as I can tell, which doesn't tell you a lot about any potential insider trading or knowledge. Disregard.
This post was edited on 4/10/25 at 11:33 am
Posted on 4/10/25 at 10:35 am to Fells
quote:
How do you feel about a sitting president making $415M in one day after pumping his stock?
He did no such thing as “pump his stock”. I’m glad he made $415MM considering he probably lost more than that since the first of the year.
You act like he actually pocketed any money. It is all paper gains and losses for him.
At least he’s not living a billionaire life making $180k a year like most senators and reps.
Posted on 4/10/25 at 10:36 am to Fells
quote:
is seemingly unaffected by whether tariffs would be imposed or paused.
Is everyone just skimming over this part?
Posted on 4/10/25 at 10:36 am to Figgy
quote:
But it’s corrupt as hell and something this board has long railed against
How is it corrupt if he didnt trade it?
Are you really this fricking retarded?
Posted on 4/10/25 at 10:36 am to Fells
quote:
Fells Alabama Fan
You Gumps sure are stupid.
Posted on 4/10/25 at 10:39 am to Fells
Until Congressional insider trading is addressed, I don't give a shite.
Posted on 4/10/25 at 10:40 am to Jack Carter
quote:
So now you're against stocks going up?
Don't be obtuse.
He's saying that Trump's holdings did far better than the market yesterday, and the obvious conclusion is that Trump did so well because he knew before it happened that he would be delaying his widespread tariff rollouts. Same thing that congress often does with insider knowledge, except that he has far more control than any individual there does.
Posted on 4/10/25 at 10:41 am to Fells
quote:
How do you feel about a sitting president making $415M in one day after pumping his stock?
It sucks, but that’s what we get with Trump, and I’ll take it because there is no one else who would/could have done what he is doing.
Posted on 4/10/25 at 10:42 am to Fells
Stolen election, weaponizing the court system agianst a political enemy, ridiculous impeachment accusations for dog and pony show.
Nope don't give a frick. Because frick them.
Nope don't give a frick. Because frick them.
Posted on 4/10/25 at 10:43 am to Jack Carter
Jack, I commented specifically on what Lawyered posted. Slow down a bit.
Posted on 4/10/25 at 10:45 am to Fells
What's comical about reports like this is that whatever his losses were the weeks prior will be mocked as evidence that Trump is a bad businessman while the upturn is reported as evidence of corruption. OMB whether his portfolio goes up or down.
Posted on 4/10/25 at 10:45 am to Fells
Why do people think Trump is in it for the money? He was a Billionaire before he became president. He has been prosecuted, arrested, and almost killed and btw he donates his salary to charity. He is in it for a reason and its not about money. Now do Clinton, Obama, etc and see how rich they were before being President and after. Let's just say" The Swamp " pays well.
Posted on 4/10/25 at 10:46 am to Fells
So he pumped a stock that not only bears his name but he has majority ownership in and once sat on the board of (now in Trust).
Isn't that his fiduciary duty to his stockholders?
And doesn't pump and dump only work with the dump?
Isn't that his fiduciary duty to his stockholders?
And doesn't pump and dump only work with the dump?
Posted on 4/10/25 at 10:47 am to Fells
OP = yet another retarded groomer that has no clue about economics, tariffs, or how stocks work.
Yet they are still damn proud of their ignorance and post this thread with the lying article anyway. Why? Because the people they associate themselves with are just as stupid.
Yet they are still damn proud of their ignorance and post this thread with the lying article anyway. Why? Because the people they associate themselves with are just as stupid.
Posted on 4/10/25 at 10:47 am to Figgy
It's not corrupt if the President does it, that's what Nixon said
Posted on 4/10/25 at 10:47 am to Wildcat1996
Trump is a bad business man? He is a Billionaire. How much money do you make? Before you throw up the bankruptcy in his past sometimes it doesn't work out but yet he is still a Billionaire.
Posted on 4/10/25 at 10:49 am to Fells
I can't understand why people care about this if the whole country is doing well. It would be one thing if it was soaring when the rest of the market was plunging, but that is not the case.
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