Penny stocks anyone: Trump Media stock has plunged 33% in a month

4 comments

1. Why did the woke Joe Brandon economy destroy my retirement savings? (Note: I have 75% of my retirement savings in Trump Media stock).

2. The thing nobody is talking about is that the stock is entirely dependent on his election chances.

   Take a step back and think about that.

   It’s all of us admitting Trump’s going to abuse the office of presidency for personal gain.

3. More on this subject from other reputable sources:

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   – NPR (B+): [Wall Street investors think Trump lost the debate, too](https://www.npr.org/2024/09/11/nx-s1-5108849/wall-street-investors-think-trump-lost-the-debate-too)
   – New York Times (B+): [Trump Media’s Stock Plunges After Debate](https://www.nytimes.com/2024/09/11/us/politics/trump-media-stock-truth-social-debate.html)
   – ABC News (B+): [Shares in Trump’s Truth Social fall following presidential debate](https://abcnews.go.com/US/shares-trumps-truth-social-fall-presidential-debate/story?id=113592506)
   – New York Magazine (C): [Trump’s Bad Debate Cost Him Nearly $500 Million](https://nymag.com/intelligencer/article/trumps-bad-debate-cost-him-nearly-usd500-million.html)

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4. Not savvy about the stock market, but I have a question.

   If Trump sells 114 million shares, where does the money come from to buy those shares. The article says Trump stands to gain $2 billion. Does it all come from Trump Media? Trump Media has barely made a profit; how could they afford to pay for all that stock. Where does the 2 Billion come from?