I haven't and won't look at DJT's prospectus, but with all his financial...
and legal problems ... as well as his penchant to lie especially regarding his finances, what rational investor would buy an asset that is 60% owned by Trump ... where a 6 month lock up period isn't even a guarantee. That's just looking at the most basic questions before vetting their business model and financials.
DJT almost feels like a ponzi scheme ... hoping to get in early enough with a massive haircut so dumb Trumpers anchor the price when Trump inevitably cashes out. That's basically the short term play: how many dumb Trumpers are out there with money to burn? And if Trump loses the election, DJT will tank. If that's the case, I'd rather gamble directly on the election rather than further expose myself to the unpredictable unethical behavior Trump. I haven't even mentioned Trump's companies have declared bankruptcy 6x. Equity shareholders are the last in line in that case.
[Post edited by Blah at 03/25/2024 10:56PM]
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In response to this post by WaxHoo)
Posted: 03/25/2024 at 10:45PM