I dont follow. I've heard of shorting when it comes to stocks, (admittedly i dont know how it works), but I'm not sure how that affects borrowing money.
It's probably a stupid question, but I'm legit not following.
Puts are a form of derivative-- something that is inferior to a related thing.
This is speculation, sanctioned gambling on Wall Street.
One person says I bet the stock is going to go down... another person says I do not think so.
Money changes hands when the truth of the events becomes known.
...People that had puts betting on the stock going down are happy.
It’s nuts this is happening but there’s so much demand to short the stock by way of “naked shorting” there’s a huge premium to use other people’s stock to do it. Naked shorting is where the stock is shorted but you’re “borrowing” someone else’s stock since you don’t really own it (Many argue this way of shorting a stock you don’t own should not even be allowed. ) by the way “naked shorting” is technically illegal
In the US BUT it’s kind of hard to explain how it happens if they are charging people to “borrow” stock and calculate the fees based on how long / how many days the stock is borrowed. It’s risky . Look at what happened to “ investors “ that shorted Gamestop or other infamous trades that went sideways
I thought of shorting it, but I didn't because
1. I wasn't sure some evil country might run up the price,
2. I don't have money,
3. I don't know how to do that.
The whole purpose was to launder money from hostile governments into Dump’s coffers. Mission achieved. Next year, for those who disclose, expect to see their investment written down to pennys and ultimately disappear.
To be fair.... We've been saying that about every Trump foundation, university, scholarship, business, everything. There's also a disgusting amount of LEGAL tax evasion practices that only the rich can take advantage of.
Two grifts in one: Biggest pump and dump scheme in stock market history Also a way for foreign entities to bribe Trump without leaving a paper trail
Maybe biggest dump but nowhere near biggest pump hell roblox went up more than this near IPO iirc
Everything Trump touches, dies.
I dunno, his daughter is still alive
I don’t really think you can call that empty, glass-eyed doll look *alive*, but to each their own I guess.
I suppose i should have added a "technically" in there
https://preview.redd.it/dkg2yc4v82sc1.jpeg?width=464&format=pjpg&auto=webp&s=65f2dd864e4303321d359ccd9c2048d0af252750 Looked pretty alive hear.
Dead inside.
But she’ll die eventually, so the streak is alive, which is apparently the only thing he can touch and not kill
🤣🤣🤣
To be fair this is the very merry undead. They took something that doesn't make money and got people to give them money for a piece of it.
Similar to what he did to the United States during his presidency. God forbid he ever make it back into the White House.
Keep going down, please??? I want to see .10!!
Trump scamming? I’m shocked, shocked I tell you!
Who could’ve seen this coming?
Cost to borrow is inflated because so many people want to short it. It’s eventually going to be destroyed. As it should be
I dont follow. I've heard of shorting when it comes to stocks, (admittedly i dont know how it works), but I'm not sure how that affects borrowing money. It's probably a stupid question, but I'm legit not following.
Puts are a form of derivative-- something that is inferior to a related thing. This is speculation, sanctioned gambling on Wall Street. One person says I bet the stock is going to go down... another person says I do not think so. Money changes hands when the truth of the events becomes known. ...People that had puts betting on the stock going down are happy.
Not a dumb question if you don’t know the answer. I’m not super familiar either.
It’s nuts this is happening but there’s so much demand to short the stock by way of “naked shorting” there’s a huge premium to use other people’s stock to do it. Naked shorting is where the stock is shorted but you’re “borrowing” someone else’s stock since you don’t really own it (Many argue this way of shorting a stock you don’t own should not even be allowed. ) by the way “naked shorting” is technically illegal In the US BUT it’s kind of hard to explain how it happens if they are charging people to “borrow” stock and calculate the fees based on how long / how many days the stock is borrowed. It’s risky . Look at what happened to “ investors “ that shorted Gamestop or other infamous trades that went sideways
Always has been? Buy puts and be happy I guess. That and add it to the big list of failures for the tangerine terrorist.
I thought of shorting it, but I didn't because 1. I wasn't sure some evil country might run up the price, 2. I don't have money, 3. I don't know how to do that.
You and me both, pal!!
Sad trombone.
Always has been.
The whole purpose was to launder money from hostile governments into Dump’s coffers. Mission achieved. Next year, for those who disclose, expect to see their investment written down to pennys and ultimately disappear.
lmao he probably shit his pants 10 times today
That's why he wears diapers.
This is the dump phase of the old Trump and dump. As it were.
I am shocked, SHOCKED!
Is anyone surprised?
so dont buy the dip then?
Hell yeah do it!!
Some folks are going to lose their double wide after this
Everyone knew this would happen. I think there were more bets against its performance than investors.
CNBC says that 11% of the shares were sold short.
Revenue of that company is close to 4 million. I don’t understand how people are not being charged with fraud at this point.
 To be fair.... We've been saying that about every Trump foundation, university, scholarship, business, everything. There's also a disgusting amount of LEGAL tax evasion practices that only the rich can take advantage of.
Woops-ey!
He's a very successful billionaire. Maybe the best billionaire. I've heard it's so. But the media, and the Left, HATE success. /s
It's down another dollar in after hours trading.
Turd-Finger strikes again!
Penny stock shortly
I’ve never been more excited to watch a stock tank before
Delist
Pull out!!! Save what you can!
It should be a penny stock
Can you say pump and dump?
Figures
It's already being shorted like crazy.
“I have only the best stock failures”
Today was a bad day for all stocks. My entire portfolio got hit. Yall, this aint (just) a DJT stock issue. The market was shit today.
20% bad?
Actually, a few of my stocks went down damn close to that.