iBankCoin
18 years in Wall Street, left after finding out it was all horseshit. Founder/ Master and Commander: iBankCoin, finance news and commentary from the future.
Joined Nov 10, 2007
21,399 Blog Posts

We Have the Ultimate Meme Stock Now

I don’t know why I didn’t buy it when I saw the news. But Trump is coming public via a SPAC — launching a new media company that is bound to make Fox News look like leftist SJWs.

His deck.

TRUTH SOCIAL SIR!

This is all very reminiscent of the HBO show Years and Years — a great mini series but I do not recommend it for people who are prone to melancholy. Holy fuck.

Question now is: who will jump ship to Trump? Hannity, Tuckered Carlson? The list is practically endless — as Trump moves in financed into a field that is ripe for poaching.

Does the stock continue higher?

Hard to buy after such a big run up. Nonetheless, I’ve seen dumber moves in stocks based off nothing. At a minimum, there is something here. Granted, an eventual bankruptcy is a foregone conclusion — but we are in pre-revenue stages so it’s all concept and dreams now.

NOTE: Right wing media plays SALM, MDIA are also soaring.

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5 comments

  1. og

    Just when we thought we had reached peak SPAC.

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  2. roguewave

    A leader is someone who finds a parade and gets in front of it. Mao

    It’s that simple. The parade is there for whoever dares get in front.

    I hope the App store drops it; then they can work around that too.

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    • edge

      Did Mao mention that some parades are dangerous? And that those who lead such parades deserve to be trampled by the paraders?

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  3. soupbone

    Damn I love a shit disturber, that’s Trump’s forte. Only problem mainly talk and nothing truly forward-moving. They all belong in the same drawer of the file cabinet these days.

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    • edge

      Nearly all of them (let me not mince words, all of them) value democracy more than Trump does.
      Does? Reminds me, time to hunt! Either a big rack or a young doe for meat. Usually I just watch them play. Killing a deer means work, and I’m usually too busy trading on my cell phone.
      The woods is so cool. See ya Honey, I’m goin’ country
      Baby do ya wanna go
      I sure would take ya

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