157

Good thing I don't have stock here (midwest.social)

submitted 4 months ago by Lanky_Pomegranate530@midwest.social to c/antitrumpalliance@lemmy.world

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[-] TropicalDingdong@lemmy.world 35 points 4 months ago

[-] NegativeLookBehind@lemmy.world 10 points 4 months ago

I haven’t even begun to ~~peak~~ plunge

[-] henfredemars@infosec.pub 6 points 4 months ago

It’s an upside down peak.

[-] TropicalDingdong@lemmy.world 4 points 4 months ago

peakn't

[-] DaddleDew@lemmy.world 29 points 4 months ago* (last edited 4 months ago)

It really looks like someone tried to prop the price up by dumping a bunch of money into it and failed miserably.

[-] skozzii@lemmy.ca 5 points 4 months ago

Even Russia can only put so much in at time through their agents.

[-] Dwayne_Elizondo_Mountain_Dew_Camacho@sh.itjust.works 1 points 4 months ago

Remains to be seen. The stock is up 10% today, for no apparent reason.

[-] akilou@sh.itjust.works 24 points 4 months ago

What does a guy have to do around here to get a y-axis label?

[-] Lemminary@lemmy.world 14 points 4 months ago

I don't know about y'all, but I think I need some numbers attached to this graph

[-] mipadaitu@lemmy.world 4 points 4 months ago* (last edited 4 months ago)

$22.93

[-] Lemminary@lemmy.world 8 points 4 months ago

Right, that's one number. Here's what I meant:

[-] manefraim@lemm.ee 2 points 4 months ago

24 hour market.

[-] mjhelto@lemm.ee 11 points 4 months ago

It was just a pump and dump to allow moneyed interests to donate to tRump without divulging them as the source. And, if they're in the US they can write off the losses and pay less in taxes.

[-] hark@lemmy.world 5 points 4 months ago

Trump isn't allowed to sell his shares until like 6 months so it won't be much of a donation by that point and even less when he tries to sell.

[-] Alexstarfire@lemmy.world 3 points 4 months ago

There's all sorts of stuff he isn't allowed to do but he does them anyway.

[-] hark@lemmy.world 2 points 4 months ago

There are hard limitations put in place for a lock-up period. Assuming he could violate it, he'd actually face consequences in this case.

[-] rockSlayer@lemmy.world 7 points 4 months ago

I don't think I've ever seen such a rapid drop by any company on the stock market. Good.

[-] ZagamTheVile@lemmy.world 5 points 4 months ago

Nortel would like to show you something.

[-] p5yk0t1km1r4ge@lemmy.world 6 points 4 months ago

You love to see it.

[-] _sideffect@lemmy.world 4 points 4 months ago

Would be funny if the horizontal line was $0 😂

[-] FiniteLooper@lemm.ee 3 points 4 months ago

What caused the big jump UP earlier?

[-] Habahnow@sh.itjust.works 2 points 4 months ago

I'm glad it's dropping, but isn't it still above it's lower price of 10 per share? I'm hoping it does get lower though

[-] HopeOfTheGunblade@kbin.social 1 points 4 months ago

Anyone know how the subreddit hodling for DWAC is doing? I hope they're okay.

this post was submitted on 16 Apr 2024

157 points (93.9% liked)

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