Tommy Tainant
Diamond Member
Behind Trump's media deal, a vote where only yes will do
Individual investors like Tony Alvarado have been a blessing and a curse for Donald Trump's social media company.
www.reuters.com
This looks to be a real mess. 90% of investors are private investors and reading between the lines they are not really savvy investors.
I have never heard of campaigns to get shareholders to actually just vote on a proposition.
Keeping track of your investments can be time consuming but brokers over here make it easy by doing it on line with prompts. i can only assume that these shares have been bought through no frills brokers.
It looks like the money is drying up as well. They cant pay their advisors and that is always a red light.
Most of these shareholders are there on the back of the trump brand. But this is not a business that he knows much about.The shares have shed most of their value and it might be some time before investors see a return, if any.