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36 million of 0 is still 0.
36 million of 0 is still 0.
But it's not 0? Trump is shit and this company is his latest scam, but you literally quoted that these shares are currently worth over a billion dollars.
Yes, unfortunately it is worth what the market will bear. Stans and those wanting to launder will keep it high enough that he will get a payday for nothing.
It would be great if the FTC, the SEC, and the FEC hammered him into the grave, but that won't happen. IIRC the first two are looking into it, but not at the orange one himself. There are of course multiple lawsuits about this already from former company officers.
Some of the original money came from China in a deal that the FTC is looking at, and further cash came from a Russian that is also being investigated.
Currently.
It rebounded pretty significantly last week, from $22 to $35.
Last 4 years have taught me not to expect any sanity or justice with this shit again. I do not expect this to collapse.
Valued at, maybe. Worth? I'll believe it when you can use them to buy over a billion dollars' worth of Big Macs, or even sell them for enough to buy them.
It doesn't really matter what it's valued at. All that matters is what some Russian or Saudi oligarch decides they want to pay for it when they want to make Trump dance for them.
Maybe so, but Trump can't cash out for six months, so they better have some good timing.
It might have a $2 valuation. Someone has to sell the next mypillow to these people.