Not "unfortunately", but rather "exactly as intended".

This entire business is essentially a money laundering scheme.

I wanted to read who the stockholders of this garbage actually are. It's a great rabbit hole. This one is pure gold https://en.m.wikipedia.org/wiki/Digital_World_Acquisition_Corp.

It's just shady shit at every level. The people who bought the SPAC didn't even know the money would go towards Trump and pulled out more than half of the capital.

Then they propped that garbage stock up Musk-style and sold it to their fan base.

The dude who ran the SPAC als has amazing stories tied to his name https://eu.heraldtribune.com/story/opinion/columns/2022/11/16/patrick-orlando-truth-social-you-light-up-my-life-connection/10698187002/

https://www.reuters.com/business/trump-deal-delivers-420-mln-windfall-wondering-dealmaker-2021-10-21/

He was already working on mergers in China, but couldn't close the deal because he didn't have the money. All sounds like typical escalating scams.

It's clear why Trump would run a con with this guy.

Another successful business from the genius that knows everything about businesses, military, nuclear and how to raise a family.

Another failed Trump support product lol

Dumping the stock as soon as possible was always the plan, this is just money laundering through an acquisition company.

My guess, the stock price was propped up by dodgy foreign donors. And he's looking less and less like a worthwhile investment.

“We are going to have a crash, and we’re going to have a crash like a 1929" I guess in some sense he was right.

What makes me happy is Margie TG bought shares in this dumpster fire. How's your investment, you dipshit asshole shithead? Aww, Margie, don't cry…

This was never more than a ploy to launder foreign money, it does feel pretty brazen for the CEO and COO to cash out before Trump.

It seems to me, all the bag holders should have grounds to sue them, I'm sure atleast a few of them will.

Trump can sell his 115 million shares on September 25th, everyone trying to get out before that happens.

Absolutely wild campaign finance workaround though. If he sells it all he's still on track to get $1 billion or so. That's his personal wealth, which can be contributed without limit to his campaign.

The big question: will Trump himself pull the rug as soon as he's legally allowed to?

There's a rule that any question in a headline can be answered "No." This is the rare exception when the answer is "No shit, of course he will."

then: the pump now: the dump

The look on Trump's face in that thumbnail clearly shows that he's going to need a diaper changed shortly. Glad I'm not one of his handlers..

I'm still kicking myself for not buying this stock when it first came out. It would have been one of the easiest stocks to time properly. Now it's useless.

Oh no! Not Tooth Sential!

Predictable if you're not in a weird cult

That thing still exists lmao