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Samson Soturian
Wall Street Millennial
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Comments by "Samson Soturian" (@samsonsoturian6013) on "Trump's Social Media SPAC Just 10x'ed To $17 Billion" video.
The "networking" effect is real. I'm on Facebook because my family is on Facebook.
10
Possible. Or just speculative frenzy. Some Trumpsters would buy just because his name on it, and momentum traders will buy because Trumpsters. Others are speculating on the fall of social media giants and all the media attention only brings in more speculators.
4
Uh... I'm 26 and some people don't believe me when I say my parents are on Facebook.
4
That's so crazy it just might work.
4
To who and why?
3
There's hints but he didn't editorialize. I'm more worried about his occasional buying into conspiracy theories about Wall Street.
3
@lagseeing8341 and yet you use it.
2
Media attention is definitely the cause.
2
The stock price will start falling immediately. It always dies with SPACs
2
Then moderators will kick in and the press will complain about "Trump's censorship." It will be curious to see the path of a stock highly correlated to partisan politics.
2
Don't assume that. But it is a SPAC so it's going to perform poorly anyway
1
@youknowitzg00d that's your hatred talking, not logic
1
@youknowitzg00d I'm not. It's a SPAC that just peaked with a merger announced. Those always do poorly if you buy high, and I don't even vote so I don't care who runs it. If I do anything it's going to be thetagang because it's a meme stock.
1
@darrendent8288 yeah. It's also going to follow the SPAC pattern and slowly fall now the deal is announced.
1
It is a SPAC whose merger is announced, so good idea. But keep positions small as this could get crazy.
1
@madzzzey Trump isn't a programmer, he didn't personally set up the website but it's not surprising it's quick and cheap. What I was asking is if you mean to say software companies have to show their stuff to a regulator?
1
@Michael Dawg Facebook ain't society. They got plenty of competitors. I'm only on there because my family is.
1
That's impossible with a SPAC until after its ticker changes, and even then bankruptcy courts will not be fooled.
1
Those two companies aren't political. I'm not sure the execs even voted GOP.
1
@zlosliwa_menda so's your face
1
@zlosliwa_menda are you blaming Facebook for heated political arguments you're involved in? If I looked at your posts and comments, would I really think Zuck is the one that needs a little jail time?
1
You should talk
1
Unlikely
1
Don't be too sure
1
@deancj1 lose the pejoratives
1
Investing based on politics is how you lose
1
@somerandomboomer243 20 bucks says you don't even know what thet is.
1
@somerandomboomer243 hilarious. But shorting this stock isn't going to hurt your enemies, and we both know that's what you really want.
1
@somerandomboomer243 liars burn in hell. You and I know this isn't about the money.
1
@somerandomboomer243 and naming a sample of ventures doesn't equal knowing his returns
1
Lose the spam comments
1
So?
1
@thecoltster1 I know. Irrelevant
1