• xantoxis@lemmy.world
    link
    fedilink
    English
    arrow-up
    9
    ·
    1 month ago

    “How you doin there?”

    He’s fine, because it was a lie in the first place. When you’re trying to fraudulently pump a stock, you don’t go all in, that’s what the rubes are for.

    • april@lemmy.world
      link
      fedilink
      arrow-up
      2
      ·
      1 month ago

      I bet he didn’t sell in May. He thought that short ride up was proof he made a good decision.

    • MajorHavoc@programming.dev
      link
      fedilink
      arrow-up
      1
      ·
      edit-2
      1 month ago

      I keep forgetting TFG has publicly traded stock.

      That decline seems predictable to me. Big emotional swings, loud angry announcements and waffling decisions are all famously not what any stockholder wants out of organization decision makers.

      The big surprise to me is that it’s still listed and presumably someone is still holding in case of a rally.

      Edit: That said, I don’t see a Y axis. But -22% says a decent amount.

      • ccunning@lemmy.world
        link
        fedilink
        arrow-up
        1
        ·
        edit-2
        1 month ago

        The Y axis is on the left but not easy to read. I took the screenshot highlighting the price on 3/26($57.99). The closing price yesterday was $13.55

        ETA: The -22% is from Jan 2 (Year To Date). The price on Jan 2 was $17.45

  • vga@sopuli.xyz
    link
    fedilink
    arrow-up
    4
    ·
    edit-2
    1 month ago

    He probably didn’t actually do it. Russotrolls are evil, not stupid. They want their peons to do what they say.

    • BossDj@lemm.ee
      link
      fedilink
      arrow-up
      1
      ·
      1 month ago

      His parents’ accountant manages his portfolio. He has no idea what’s in it. He calls up the accountant from time to time, makes spontaneous demands to move money around. Per the parent’s instruction, the accountant says, “yes sir” then doesn’t make any changes at all.

  • Etterra@lemmy.world
    link
    fedilink
    arrow-up
    0
    ·
    1 month ago

    It’s always nice to see the rich get whacked in the face. Even better when it happens from stepping on a rake.