The MeidasTouch Podcast Trump Makes DISTURBING MOVE with FAILING STOCK
Apr 20, 2024
The podcast dives into the troubling tactics surrounding Donald Trump's struggling stock. It reveals the precarious financial state of Trump Media and the impact of short selling on investors. Innovative tools like Rocket Money are showcased for better financial management. The discussion also critiques Trump’s corporate policies, highlighting a disconnect between his public persona and business practices. The hosts analyze his warnings to shareholders amid a dramatic decline, signaling a turbulent market.
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Episode notes
Trump's Stock Concerns
- Donald Trump is concerned about the declining value of Trump Media (DJT) stock.
- He's urging shareholders to prevent their brokers from lending shares for short selling.
Shareholder Advice
- Trump Media advises shareholders to send form letters to brokerage firms.
- These letters instruct the firms to prevent their shares from being short sold.
Conflicting Statements
- Trump Media's emphasis on long-term value contradicts its auditor's concerns.
- The auditor expressed substantial doubt about the company's ability to continue operating.