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muriel_volestrangler

(101,321 posts)
Tue Dec 7, 2021, 01:43 PM Dec 2021

Dumbest congresswoman and Trump acolyte loses half her investment in his "company"




7. Trump is exploiting TMTG's status as a meme stock by securing $1 billion more from unnamed investors.

The structure suggests these investors are interested in selling very quickly, taking advantage of retail investors willing to pay inflated prices

8. One of these investors is Rep. Marjorie Taylor Green (R-GA).

She invested 15-50K in the company in October and has already lost at least half her money — and maybe a lot more!

She bought her stock at a price between $70 and $175 per share.

Karmic justice, or just inevitability?
49 replies = new reply since forum marked as read
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Dumbest congresswoman and Trump acolyte loses half her investment in his "company" (Original Post) muriel_volestrangler Dec 2021 OP
Buy more MTG! OAITW r.2.0 Dec 2021 #1
She must double up to catch up! She better do it now, while the price is low. NCjack Dec 2021 #35
Dumbest congresswoman in congress Ray Bruns Dec 2021 #2
Empty G is more of a Nazi thug, but Lil Gunny Boebert is DEFFO more stupid and less educated Celerity Dec 2021 #9
Perhaps, but ... "Jewish space lasers"? muriel_volestrangler Dec 2021 #10
Mazel Tough! progressoid Dec 2021 #36
Awesome! colorado_ufo Dec 2021 #45
My brother.... SergeStorms Dec 2021 #48
Good for him! progressoid Dec 2021 #49
Boebert and Greene compete over who is dumber IronLionZion Dec 2021 #23
yes, Greene is defo the more mentally ill of the two Celerity Dec 2021 #26
"She bought her stock at a price between $70 and $175 per share." Botany Dec 2021 #3
A box of rocks is way more intelligent than MTG. ProudMNDemocrat Dec 2021 #4
She has already had almost half her salary docked for not wearing a mask Walleye Dec 2021 #5
That is assuming she will pay up. Claustrum Dec 2021 #15
I believe that the fines are taken out prior to payment. Caliman73 Dec 2021 #19
As I understand it, it is deducted from her check Walleye Dec 2021 #25
The acolytes have to show themselves as bending the knee by investing in Dear Leaders company Hugh_Lebowski Dec 2021 #6
It gets worst for them because giving him the money does not guarantee the buffoon will do Escurumbele Dec 2021 #46
Well you know what they say about a fool and their money! Initech Dec 2021 #7
Greenery is estimated to be worth 30 to 50 million dollars. StClone Dec 2021 #27
It happens all the time DENVERPOPS Dec 2021 #33
Gonna go with 'inevitability.' After all, #ETTD, right? Wounded Bear Dec 2021 #8
Sadly, her family money buffers her from this. Just like her hero. Nt spooky3 Dec 2021 #11
I assume we're talking about the SPAC that plans on merging with TMTG TexasBushwhacker Dec 2021 #12
The Four Stages Of Cheato's Scam smb Dec 2021 #42
5th stage (that doesn't end with "ump") TexasBushwhacker Dec 2021 #43
That Could Be A Fifth Stage That Does End With "UMP" smb Dec 2021 #44
And guess who will suffer the most from investing in tfg's company? All supporters of tfg, SWBTATTReg Dec 2021 #13
How is a media company with no real media yet already trading on the stock market? Claustrum Dec 2021 #14
Through a SPAC - a dummy company already on the market, but with no product (either) muriel_volestrangler Dec 2021 #16
But who is dumb enough to buy stocks that has no real product? Claustrum Dec 2021 #17
Or cryptocurrency (nt) muriel_volestrangler Dec 2021 #18
TFG's supporters are dumb enough IronLionZion Dec 2021 #22
I'm sure it's Joe Biden's fault. TFG would neeeeeeeeever defraud her. Norbert Dec 2021 #20
Biden is destroying the economy with inflation IronLionZion Dec 2021 #30
Someone should tell her she can offset that loss by buying low Bev54 Dec 2021 #21
Yeah, dollar cost averaging MTG ... don't let KPN Dec 2021 #40
LOLOLOLOLOLOL! Kid Berwyn Dec 2021 #24
Sounds like a "Springtime for Hitler" investment scheme nuxvomica Dec 2021 #28
I told my friends to short that stock the day after the news hit oldsoftie Dec 2021 #29
I hope they all end up sleeping in ditches Marthe48 Dec 2021 #31
If each stockholder just gets ten more people to buy the stock .... you know the drill. rickford66 Dec 2021 #32
ETTD. barbtries Dec 2021 #34
That's how you prove your loyalty! viva la Dec 2021 #37
I'm guessing that Boebert did not invest in this grift shop... dchill Dec 2021 #38
Rube Marjorie three names, being financially ruined by Trump. Poetic Justice. sarcasmo Dec 2021 #39
Investment Advice For Marginal Traitor Gangrene... smb Dec 2021 #41
Keep the faith MTG. Buy more. keithbvadu2 Dec 2021 #47

SergeStorms

(19,201 posts)
48. My brother....
Wed Dec 8, 2021, 01:20 PM
Dec 2021

who is even crazier than me, bought one of those patches and had it sewn onto a jacket made of some shiny, space age looking metallic fabric.

He's so proud of it, wears it often, and gets many comments about it, both pro and con. My brother is 6' 5" tall, weighs in at about 250 lbs. He used to be a championship caliber power lifter, so no one gets in his face about it.

Not something I would do, but he's 18 years younger than myself and can get away with it.

Botany

(70,516 posts)
3. "She bought her stock at a price between $70 and $175 per share."
Tue Dec 7, 2021, 01:47 PM
Dec 2021

Ah yes, tell you what I'll get you into a sweet sweet stock even before it is traded on the market.



Funny I thought the market sets the price per share. If you are buying shares of a stock before it is
publicly traded you are an idiot.

ProudMNDemocrat

(16,786 posts)
4. A box of rocks is way more intelligent than MTG.
Tue Dec 7, 2021, 01:48 PM
Dec 2021

Same for Devin Nunes. How stupid dies one have to be to work fir or invest in TFG?

Claustrum

(4,845 posts)
15. That is assuming she will pay up.
Tue Dec 7, 2021, 02:30 PM
Dec 2021

I have my doubts that she will actually pay the fines. Rules and laws are only for normal people.

Caliman73

(11,738 posts)
19. I believe that the fines are taken out prior to payment.
Tue Dec 7, 2021, 02:49 PM
Dec 2021

I think that Pelosi set that up to make sure they felt it. There may also be a provision stating that they cannot make up those funds using donations.

 

Hugh_Lebowski

(33,643 posts)
6. The acolytes have to show themselves as bending the knee by investing in Dear Leaders company
Tue Dec 7, 2021, 01:58 PM
Dec 2021

I'm sure most of the people investing (maybe not her, because she's a moron) realize they're paying a tribute with little chance of a monetary return, but they feel the gesture itself is more important than the loss of the money.

I mean ... how anyone (aside from the absolute stupidest of people in the world) could POSSIBLY not realize that IQ45 is a conman above all else at this point is pretty unfathomable, right?

Escurumbele

(3,395 posts)
46. It gets worst for them because giving him the money does not guarantee the buffoon will do
Wed Dec 8, 2021, 12:47 PM
Dec 2021

something for them if the time comes.

My expectation is that he will go to jail before 2024, all that investment will be mute, and I don't think that "company" will ever get off the ground, the buffoon wants that money to pay some of his debts.

StClone

(11,684 posts)
27. Greenery is estimated to be worth 30 to 50 million dollars.
Tue Dec 7, 2021, 03:22 PM
Dec 2021

No big loss for a "noble cause"-tax write investment loss?

TexasBushwhacker

(20,202 posts)
12. I assume we're talking about the SPAC that plans on merging with TMTG
Tue Dec 7, 2021, 02:21 PM
Dec 2021

It's DWAC - Digital World Acquisition Corporation. It traded at $10, then shot to $94 on October 21st and has been going downhill since. It sounds like she bought it at near peak l. Today it's around $48. Unless she knows how to short stocks, she's lost her shirt.

smb

(3,473 posts)
42. The Four Stages Of Cheato's Scam
Wed Dec 8, 2021, 10:16 AM
Dec 2021
PUMP: Generate chatter about the investment offering.

DUMP: Insiders sell out for a profit.

SLUMP: Everybody else loses their shirts as the bubble deflates.

GRUMP: Cheato blames Biden, the Deep State, Antifa, etc for the failure of his brilliant business plan.

TexasBushwhacker

(20,202 posts)
43. 5th stage (that doesn't end with "ump")
Wed Dec 8, 2021, 10:57 AM
Dec 2021

Hire a disgraced and unqualified member of Congress to be your CEO so that he will do whatever you want, including funneling cash out of the corporation and into your personal offshore bank accounts. Trump will bleed the who thing dry and then declare bankruptcy.

smb

(3,473 posts)
44. That Could Be A Fifth Stage That Does End With "UMP"
Wed Dec 8, 2021, 11:12 AM
Dec 2021
CHUMP: Some sucker is set up to take the fall when the scam totally collapses.

SWBTATTReg

(22,133 posts)
13. And guess who will suffer the most from investing in tfg's company? All supporters of tfg,
Tue Dec 7, 2021, 02:27 PM
Dec 2021

and no one else. Karma is sweet, isn't it? Rump is doing more to damage his friendships/etc. more than any of us in the DU/etc. world could ever do. Wiping out savings of countless tfg supporters...when will the 'marks' ever dry up as a source of easy money for rump?

muriel_volestrangler

(101,321 posts)
16. Through a SPAC - a dummy company already on the market, but with no product (either)
Tue Dec 7, 2021, 02:35 PM
Dec 2021
Federal regulators are investigating the Trump SPAC deal

(CNN)The shell company that is facilitating former President Donald Trump's return to Wall Street disclosed Monday that federal regulators are investigating the deal.

In October, Trump announced a new media venture that would "stand up to the tyranny of Big Tech." That new entity, chaired by the former president, agreed to go public through a merger with Digital World, a Special Purpose Acquisition Company, or SPAC.
In a filing Monday, Digital World Acquisition Corp. said it received a document and information request from the Securities and Exchange Commission in early November. Among other items, Digital World said the SEC request sought documents and communications between Digital World and Trump Media and Technology Group.
...
Despite the regulatory scrutiny and the fact that Trump Media & Technology Group has not actually launched a product, the venture announced Saturday it reached a deal to raise $1 billion upon completion of its SPAC agreement.

https://edition.cnn.com/2021/12/06/business/trump-spac-investigation/index.html

Claustrum

(4,845 posts)
17. But who is dumb enough to buy stocks that has no real product?
Tue Dec 7, 2021, 02:38 PM
Dec 2021

I mean, this is the tech bubble all over again with many tech startups that has no real product trading on stock market. Of course, this is just one company so it wouldn't be as big a bubble as it was. I guess people just don't learn from the past.

IronLionZion

(45,454 posts)
22. TFG's supporters are dumb enough
Tue Dec 7, 2021, 03:12 PM
Dec 2021

They've fallen for his cons and lies so many times and keep giving him more of their money. And he keeps telling them it will own the libs who are ruining their lives.

IronLionZion

(45,454 posts)
30. Biden is destroying the economy with inflation
Tue Dec 7, 2021, 03:24 PM
Dec 2021

damn liberals killed her investments while the rest of the stock market is soaring to record highs, since Trump is such a stable genius.

Bev54

(10,053 posts)
21. Someone should tell her she can offset that loss by buying low
Tue Dec 7, 2021, 03:06 PM
Dec 2021

She should now put in her life savings into the company while it is low. I would love for her to lose everything.

nuxvomica

(12,429 posts)
28. Sounds like a "Springtime for Hitler" investment scheme
Tue Dec 7, 2021, 03:23 PM
Dec 2021

And the parallels don't end at the financial strategy. I think Mel Brooks should get a cut of the proceeds.

oldsoftie

(12,555 posts)
29. I told my friends to short that stock the day after the news hit
Tue Dec 7, 2021, 03:24 PM
Dec 2021

Probably the same day trump's family did

I dont know how to do all that stuff but i guess i need to learn. Although I think shorting should be illegal.

viva la

(3,303 posts)
37. That's how you prove your loyalty!
Tue Dec 7, 2021, 04:38 PM
Dec 2021

Put money in Trump's pocket and kiss it goodbye and thank him for stealing from you.

dchill

(38,505 posts)
38. I'm guessing that Boebert did not invest in this grift shop...
Tue Dec 7, 2021, 04:40 PM
Dec 2021

That would be the ONLY evidence she's smarter than EmptyGene.

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