berg80
Diamond Member
- Oct 28, 2017
- 17,851
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- #201
The only "investment" premise was that trump would be able to fool enough fanboys to keep the stock afloat until he could dump it.Gambling on stocks is one thing. The thread is talking about actual investors.
DWAC was a SPAC. If it had earnings it must have been earned interest on the money raised to form the acquisition company. It wasn't a business. It was formed to acquire one./—-/ Last response to this tiresome thread. DWAC had earnings. Now go count your coins in your piggy bank.
Going public by way of a SPAC is typically done because the market had no interest in a conventional IPO. Savvy investors and brokerage houses didn't want to touch anything to do with the Orange Fraud because they know about his track record. A track record detailed in post #1 of this thread.
![www.nbcnews.com](https://media-cldnry.s-nbcnews.com/image/upload/t_nbcnews-fp-1200-630,f_auto,q_auto:best/rockcms/2024-03/240322-trump-taj-mahal-ch-1652-8a2128.jpg)
The last time a Trump company went public it didn't go well for investors
Trump made millions in the 1990s when his casino company went public. Investors lost a fortune.
![www.nbcnews.com](https://nodeassets.nbcnews.com/cdnassets/projects/ramen/favicon/nbcnews/all-other-sizes-PNG.ico/favicon-16x16.png)