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
23,417 Blog Posts

Trump is Very Rich Again

Shares of $DWAC merged into $DJT and is up more than 40% today, making Trump more than $600m today alone. At 58% ownership, Trump’s net worth teeters on $7b.

I won’t be chasing DJT any time soon and if you search the archives of this site, you will find me to be infuriated with Trump the last time he brought his casino public only to soon flop out later completely bankrupted. For my speculative fervor, I must prefer shares of $RUM, which is a real business powered by the dissident right, who is largely disenfranchised in American main stream media today.

Early going I’m up 43bps, mostly cash now.

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