• UnderpantsWeevil@lemmy.world
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      5 days ago

      People are treating the “dump” part of a “Pump and Dump” like it’s some kind of a vindication, when suckers were already fully fleeced back at its $7B market cap peak.

      It’s a Mastodon instance with a few thousand users trading at $16/share. Absolutely insane that anyone was buying this garbage at any price.

      • RagingSnarkasm@lemmy.world
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        5 days ago

        Absolutely insane that anyone was buying this garbage at any price.

        That bribery money wasn’t going to launder itself.

      • grue@lemmy.world
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        5 days ago

        It matters because Trump becomes free to sell his shares on September 19 (a week from today). I, for one, am hoping that the price goes to $0 and it gets delisted by then!

        • mercano@lemmy.world
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          5 days ago

          If he floods the market with shares, I wouldn’t be surprised if the price craters so hard it gets delisted.