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Big D vs Twitter

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Three months later 4000 people a day are dying and the old cunt seems to think that managing the distribution of some vials is as difficult as solving einstein's field equations:

 
I see Twitter hit an all time high today Dantes

Maybe they can chip in some money to help pay Trump’s costs for his part if he, Rudi and his other chums at Fox lose the $2.7bn libel lawsuit that Smartmatic just lodged over false allegations of voter fraud.

Seems like Big D will get his day in court to detail all this fraud after all.... just not in the way he was hoping.
 
Trump hasn’t paid Dantes retainer... Dantes has the sads.
 
Donald Trump has funnelled thousands of dollars from his donors into his private business after his loss in the 2020 presidential election.

The former president’s reelection campaign moved roughly $2.8 million from donors into the Trump Organisation over his term, including at least $81,000 since Mr Trump lost the election, according to Forbes, based on campaign finance reports submitted to the Federal Election Commission.


One of his campaign’s joint-fundraising groups working with the Republican Party also moved another $4.3 million from donors into the former president’s business over the course of his time in office, including $331,000 after Election Day.
A week after news media outlets called the results of the election for Joe Biden, a joint-fundraising committee paid his hotels nearly $300,000 for room rentals, space and catering.

Nearly a month after Election Day, the campaign paid $38,000 to Trump Tower Commercial LLC, the business under which the former president owns a stake in his namesake tower in New York.
The filings reflect concerns among lawmakers and watchdog groups over the former president’s self-dealing and enrichment while in office, relying on public funds and his campaign to inflate his private business.

He made more than 500 visits to his properties while in office, while 346 executive branch officials made 993 visits to his properties while he was in office, and at least 143 members of Congress made 361 visits to properties he owns, according to Citizens for Ethics and Responsibility in Washington.

His campaign and the joint-fundraising committee with the RNC, along with Trump-affiliated super PAC America First Action, spent more than $7 million and held 32 events at properties owned by the former president, CREW found. The watchdog organisation found that special interest groups likely spent more than $13 million at properties he owns.

“In the past four years special interest groups, foreign governments, and political groups together held more than 250 events at 14 Trump properties, likely resulting in tens of millions of dollars of revenue for the Trump Organization,” the group reported. “In all, special interest groups have hosted 142 events, political groups have hosted 100, and foreign governments or foreign government-sponsored groups have hosted another 13.”
 
There record high was 70 something about six years ago, and their earnings are out tomorrow so don't do anything stupid.
 
Sure. If you wanted to make money the trade was to short twitter after the trump cancellation (which you believed was just a random fluctuation if memory serves), well you'd have made your money, taken your profit weeks ago or got closed out at some point during the bounce. What is your forecast now? Triple figures or single figures? Mine is the latter because they make no money. But it doesn't matter what our forecast is, because it is years into the future by which time the china-biden-dollar currency risk nobody seems to pay attention to will have wiped out any satisfaction of you being right.
 
The price is up because there are more buyers than sellers. The reason there are more buyers is because their earnings are coming out today. So in the preceding days people will have been buying lots of options, basically a bet that the stock will move a lot. No shit it's going to move after they announce yet again that they lost a shit load of money and traffic.

The bank who sells those options to the speculators doesn't want to get bent over with the risk, so they have to go into the market and hedge out their exposure. Options lead to downside risk and upside risk. The downside risk is limited, unless it's crude oil, it's not falling below zero. So 58 dollars. The upside risk is the moon, it could rise (in theory according to their stupid mathematical models which I spit upon) to millions of dollars. So the banks have a lot more risk to cover to the upside than to the downside. Thus they will net be buying the stock to cover their ass. Hedging out risks and the options market is what drives the popular stocks, as you learned from the morons the other day.
 
A pity that Big D isn't going to turn up for his Big Day in court. It won't be as entertaining now. I'd built up my expectations and hopes for a repeat of the Milosevic trial the other year.
 
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