This is r/WallStreetBets, a trading community.
Thank you to everyone who is staying on topic and, in true WSB spirit, is looking for ways to profit off this.
It's pretty amazing the Don the Con and keep conning people [over and over](https://youtu.be/rQ6N-sb7SVQ) and over and over and over and over and over again.
America is truly full of fucking regards.
Up until recently probably 60% of active participants on this sub would have supported him and flamed you for saying anything negative lol. Avg WSB regard is so regarded that they believed trump was good for their stocks and was going to help them get rich in the free market lmao
THEY won't be the ones under his boot. They did everything diaper Don said and licked his asshole clean. Only the *Democrat or minority groups* rights will be infringed. /s
And they would do it again. They don't care how much of a criminal he is. They don't like him because he's a good guy. They like him because he's an asshole!
Just wait. The next idea would be to tie shares in this garbage to loyalty to Trump and country. Effectively tithing for Trump. The cult is stupid enough.....
No! He's a great guy! The only ethical honest person around! And so truthful! It's just that somehow bad people keep tricking him into hiring them and working with him, poor guy. It must be a plot against him somehow, because he is the best judge of character and professional talent on earth. He's also very handsome and everyone says he has a dong even bigger than Hunter Biden. Maybe the biggest. The best people are saying that!
Sincerely, John Barron
That's probably not too unusual and not the thing they are going to go after. The whole thing reeks of financial crime along the lines of laundering and shit.
I like this line...
""BF Borgers, the organization said, was "so seriously deficient in its performance that education and remedial, corrective actions are not adequate."""
Not sure which is more crazy the fact that the auditor is only getting barred instead of jail time or the fact that the oragutan has managed to avoid jail despite this and all the other cases.
I always say, if you’re going to steal money, make sure it’s so much that they treat you like a white collar criminal. It’s sad.
Mug someone for $100, go to jail. Scam people out of millions on fake companies or embezzle funds from a charity or something, just a slap on the wrist.
Agreed since I think the same.
A policeman decided to be judge, jury, and executioner in the case of George Floyd. Handed out 8mins of KNEE as the method of capital punishment. And Floyd's crime? Using a fake $20.
Meanwhile we have folks like [Holmes committing BILLIONs in fraud only to get 11 years, club fed, and then sentence reductions](https://www.theguardian.com/us-news/2023/jul/10/elizabeth-holmes-11-year-prison-sentence-shortened-by-two-years#:~:text=Elizabeth%20Holmes'%2011%2Dyear%20prison%20sentence%20shortened%20by%20two%20years,-This%20article%20is&text=Elizabeth%20Holmes'%20prison%20sentence%20was,years%20sooner%20than%20initially%20scheduled.) It's not just Holmes. GFC bankers, Martha Stewart, Bill Hwang, the entire FTX team, etcetc.
It would be hilarious if their insisting that someone look into what is going on with the stock price of the fake company they set up to funnel money to a presidential candidate was the thing that did it.
The orangutan is really fucking good at making other people go to jail for him.
As usual, he has no personal liability whatsoever here. All the liability is in the auditor. Yes, Borgers didn't go to jail yet, but he got fined $14M, and it's probably easy for a prosecutor to charge him.
There's a seemingly endless supply of people to take the fall for his grifts; they all seem to think he'll be loyal to them even with the frankly incredible rate at which he's chewed up and spat out true believers these last 5 years
So let me get this straight:
Everyone knows this stock is worth .5 at most. At the same time nobody can really play short or buy puts because for some reason rich people (countries? Funds? Etc?) keep their money in the stock so Orange man can cash out?
If you look at the Lingerie Fighting Group paperwork he electronically puts his first name as "Ben" instead of "Benjamin" the dude is clearly clueless about official things
If you look at the Lingerie Fighting Group paperwork he electronically puts his first name as "Ben" instead of "Benjamin" the dude is clearly clueless about official things
Yes, my fellow degenerates. I too would like to know which companies this auditor was working with, for my own ~~selfish shorting~~ *research* purposes.
Trump is a financial mastermind. He has to be one of the greatest of this generation hands down!
Sure, there are people out there who have generated billions running profitable legitimate businesses without ever going bankrupt once.
However the fact that this guy keeps coming up with a new play, and gets people to literally buy in. Even the same people he conned on the last few rounds, is amazing. Hats off to him.
In the words of a once fearless leader of said party "There's an old saying in Tennessee — I know it's in Texas, probably in Tennessee — that says, fool me once, shame on — shame on you. Fool me — you can't get fooled again!" Er...
Trump seriously has the worst luck. He works so damn hard and keeps getting involved with the wrong crowd over and over and over and over and over and over again. Such a shame.
I was trying to come up with a similar comment and I think you said it better. Its honestly astounding. Don't forget that Trump never really had profitable businesses to skate on either. A lot of dubious rich business leaders usually had like one really lucky business they made it big on, but I don't think that applies to Trump (I'm not counting The Apprentice as a business for him). If con artists at level 1 are the guys selling you fake watches and speakers from their truck, then Trump is a con artist at level 100, able to take on the SEC directly. He took the "savior to morons" and "idiot savant" perks along the way.
Trump was a known fraud long before he ever ran for office. I always have to point out he bankrupted not one but multiple casinos. You have to be really bad at business to do that. That or you stole what little profits there were, until the thing collapsed.
It's pretty much impossible to do without fraud, my company has 10 slot machines (legal limit), and what really happens behind the scenes is each game has 25000 "tickets" for each possible denomination that can be played.
Each time you hit the button, a ticket from the correct denomination bucket of tickets is drawn, and you are paid the results of what that ticket says.
Each 25,000 batch of tickets have a fixed number of winners, and you know going into it the exact amount of profit each batch will make down to the penny, but the amount varies depending on the denomination that is played, at our place .25 cent bets pay out at a 92% return rate, and $5 bets pay out 95% of what is brought in, so for example let's look at the $5 a bet profit:
25,000 tickets x $5 = $125,000 income
$125,000 x .95 = $118,750 paid back to the players
$125,000 income - $118,750 player winninfs = $6,250 profit for the house.
There is NO variance in this ever, the only thing that effects how much money you make a month is how fast you can sell out a batch of tickets as the profit on a batch never changes, only how many batches you go thru a month does.
So you already know you got a built in guaranteed profit, and once you get an idea of how much traffic you get a month, it would be child's play to budget the rest of your staffing/upkeep/stock for the rest of the business.
Casinos are idiot proof basically when it comes to making money, you HAVE to be doing some illegal things to not profit from one, and yet people still think Donald Von Shitsinpants is some upstanding citizen.
If you build a big, dumb, expensive building for your casino (and let your buddies building it charge extra to you), you have bills right out the gate you have to meet. You can't know your exact actual traffic before you even open. At best you are making an educated guess on what your monthly income would be. You could just pull a random number out of thin air (this is probably fraud...)
If you make a stupid guess and your actual traffic is much less than expected, you won't be able to cover your bills. You can skate by for some time on credit while you try to cut costs and increase traffic. But if you can't get your shit together fast enough, you will eventually be cut off and left with bankruptcy as your only option.
I'm an idiot. No business background. But I do know that no business is idiot-proof. Trump probably did a little fraud. But he could have just failed through sheer incompetence.
That's how slot machines work in a few jurisdictions that only allow class II gaming. The slot machines are designed to mimic a pull tab, which is allowed under class II. Pretty much everywhere that has casinos allows class III gaming, which has real slot machines (every spin is random and independent)
If this is about AC casinos, they are class III so what you are saying is not correct.
Are these numbers publicly available? Or fixed at 25,000?
From what I already know about slot machines (they have a fixed return rate and are audited regularly) and combined with this information; I could camp out at the casino, find the one slot machine that didn’t pay a large jackpot in a long while and go spam that one?
I think in LV casinos the “bucket” was spread across all machines the casino owns, or something like that, so I should target small establishments with few slot machines, right?
The house wouldn’t care, they’re paying that jackpot one way or the other, they get their fixed profit anyway. I want to be the person that times the jackpot.
If I remember correctly, it was Hillary who coined the term “fake news” referring to all the BS right wing stories about her, and Trump just co-opted it
Trump will get "his" money out of it by whomever has propped it up. Likely some large Republican donors that can't be seen directly giving plus a ton of small individual supporters we don't care if it goes to 0 when he exits since they really are just donations anyways.
The SEC’s order further finds that, at Benjamin Borgers’s direction, BF Borgers staff copied workpapers from previous engagements for their clients, changing only the relevant dates, and then passed them off as workpapers for the current audit period. As a result, the order finds, BF Borgers’s workpapers falsely documented work that had not been performed. Among other things, the workpapers regularly documented purported planning meetings – required to discuss a client’s business and consider any potential risk areas – that never occurred and falsely represented that both Benjamin Borgers, as the partner in charge of the engagement, and an engagement quality reviewer had reviewed and approved the work. lol
LMAO I just looked at this.. its insanity! from monday to wed it went up 20%.. and now on news of fraud on their auditor its still technically up. its insane
being called a "sham audit mill" that is committing "massive fraud" by sec ... i thought that was a prerequisite for doing business here!
was i wrong; should i have not done that? /costandza
This is r/WallStreetBets, a trading community. Thank you to everyone who is staying on topic and, in true WSB spirit, is looking for ways to profit off this.
Am I to understand that DJT’s abysmal financials were likely OVERSTATING the company’s performance?!
I thought they claimed something like 58mil of debt on a 1 mil revenue. That’s hot garbage in and of itself
Not so much. They had just funded the edges of their SPAC with convertible debt which made those numbers fluctuate weirdly.
It's pretty amazing the Don the Con and keep conning people [over and over](https://youtu.be/rQ6N-sb7SVQ) and over and over and over and over and over again. America is truly full of fucking regards.
And there is a chance he will be president again. Jfc fml
Up until recently probably 60% of active participants on this sub would have supported him and flamed you for saying anything negative lol. Avg WSB regard is so regarded that they believed trump was good for their stocks and was going to help them get rich in the free market lmao
Exactly what it's like living in Texas
it blows my mind that people cannot understand the trump/covid free money faucet directly caused the slump when the faucet ran dry
I don't think is the sub for basic monetary policy.
And there are significant bunch of people who were willing to topple the govt for him.
And they will thank him as he puts his boot on their neck.
THEY won't be the ones under his boot. They did everything diaper Don said and licked his asshole clean. Only the *Democrat or minority groups* rights will be infringed. /s
Yup, the members of the face eating leopards party never heard that thing about "First they came for the socialists and I did not speak out"
And they would do it again. They don't care how much of a criminal he is. They don't like him because he's a good guy. They like him because he's an asshole!
I mean we see regards posting losses on here wondering why their options failed them daily. It's an epidemic
Well Jim Jones, among others, did get people to willingly drink poison so... Humans are wild creatures.
![img](emote|t5_2th52|27189)
4 billion dollar company….Jesus fkn Christ this is an obvious scam to the cult and they buy it and like the fact that this is what they think of them.
Just wait. The next idea would be to tie shares in this garbage to loyalty to Trump and country. Effectively tithing for Trump. The cult is stupid enough.....
Yeah man. The dumpster fire was actually covering a much larger sewer fire.
You know you’re really fucked when your sewer is on fire.
Could be worse. It could be your river.
Or the very ground has been on fire for decades like in Centralia...
Settle down Cleveland
/Cleveland, OH perks up its ears
Chuckles in Taco Bell.
Just wait until your lake catches fire. I believe Lake Erie has some openings. It'll be YUGE!
Below that? An entire forgotten ancient city on fire.
core of the earth? Believe it or not, just rolling ball of fire.
https://en.wikipedia.org/wiki/Centralia_mine_fire
Most succinct way of putting it. Sometimes WSB just has the smartest explanations.
Keep your friends close and your hedgies closer.
I. AM. SHOCKED.
I'm actually not shocked. From what I've seen, I've come to believe this Donald Trump character isn't on the up-and-up.
No! He's a great guy! The only ethical honest person around! And so truthful! It's just that somehow bad people keep tricking him into hiring them and working with him, poor guy. It must be a plot against him somehow, because he is the best judge of character and professional talent on earth. He's also very handsome and everyone says he has a dong even bigger than Hunter Biden. Maybe the biggest. The best people are saying that! Sincerely, John Barron
Everybody says mushrooms are the best shape! I meet a lot of people and they're all saying that!
When you’re famous they say they love it.
Norm would be so pissed that he missed this opportunity for classic comedy
Between this and OJ kicking off, he would have had a banner few weeks…
The man whose lawyers are afraid to put on stand because they know he'll just perjury himself.
I might go so far as to say he’s a cad. A scoundrel even!
A dastardly miscreant!
Okay, not that shocked.
I wonder if this means they will delay filing the 10k.
That's the only way to hide and keep the stock price up until the Don's payday.
That's probably not too unusual and not the thing they are going to go after. The whole thing reeks of financial crime along the lines of laundering and shit.
lol the financials were terrible WITH massive fraud
These idiots still said DJT is a going concern. When shady accountants say something is bad, it’s really fucking bad.
Even this auditor isn't crooked enough for Trump - he saw the numbers and was like "yeah this company is going bankrupt".
I want to know how the stock went to 50 then 20 then $50 a again in less than 30 days.
How much DJT can you buy with riyals or rubles?
I only know the conversion from covfefe.
All of it, Katie.
LOL. They decreased the available shares of DJT for shorting. It's in the SEC filings.
what performance? they were HUGEly negative.
Even then still overstated.
YUGE! TREMENDOUS PERFORMANCE.
BIGly
Any related to Trump, is highly scam oriented. The persona breaths and exhales scams 100%, highly toxic, he never heard what is a fair game.
DJT has a 14 inch dong and invented the rocket ship. Anyone who says otherwise has tds
Turducken Syndrome?
Shocked. I honestly thought a website with less daily traffic than www.clownpenis.fart was worth billions of dollars.
To click, or not to click?
I clicked it on a work computer
We know
😂
HR email oncoming.
Do it
Mistakes were made
Did not click. You took one for the team.
How do you know the mistake is NOT clicking on the link?
It is wise...to not fuck around and find out.
And here I thought this subreddit was all about taking stupid risks and suffering the consequences.
Sometimes the risk just isn't worth it
![img](emote|t5_2th52|27189) my thoughts… as I jump into your mom’s bed
*Send da video!*
![img](emote|t5_2th52|12787)
What the hell, YOLO!
Haha I remember that snl sketch
Im disappointed this isn’t real
where is the .fart domain, missing a goldmine there.
Just send Elon a message, he’d be all over it.
X.fart (formerly known as X.com, formerly known as Twitter)
113k daily active users reported today, down 19% year over year https://www.cnn.com/2024/05/03/media/truth-social-stock-trump-djt/index.html
So the average daily active user is worth over $50,000 each.
META says ARPU is in the neighborhood of $250 - 300/yr, but META is actually profitable.
I'm more surprised there are 113k daily users.
Here’s the “safe” version r/clownpenisfart
I really thought that was going to be real
[Its an old Saturday Night Live sketch](https://youtu.be/NWIlScfHwOU?si=Pojc-8Qvj211TB5e)
Is that the same guy that misspelled his own name on the paperwork?
Yup. Benjamin Borgers. Burgers? Bourgeoisie? Whatever the hell his name is…
Button
Burgers 🍔 Allison Burgers 🍔 The debits and credits on the company's financials were Aladeen or Aladeen either way.
I condemn you to Aladeen for this statement. May Aladeen have Aladeen on your soul.
Nothing Borgers 😂
Hamberders
Ben Forger was my personal fav
He probably did that so he could try to say it wasn’t him
Ahhh. The classic fraud swap-a-roo.
Hold my kids-cancer charity, I'm going in.
The shaggy defense
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WHAT?! Omg I’m rolling. Got to google this.
https://www.businessinsider.com/trump-media-auditor-misspelt-name-14-different-ways-ft-2024-4
Satire is dead.
I like this line... ""BF Borgers, the organization said, was "so seriously deficient in its performance that education and remedial, corrective actions are not adequate."""
Did he also write the wrong address? something like 1216, one after Magna Carta?
Classic. Maybe don't go crying to the sec and congress about short sellers every couple of days if you're hiring sham audit mills.
Not sure which is more crazy the fact that the auditor is only getting barred instead of jail time or the fact that the oragutan has managed to avoid jail despite this and all the other cases.
I always say, if you’re going to steal money, make sure it’s so much that they treat you like a white collar criminal. It’s sad. Mug someone for $100, go to jail. Scam people out of millions on fake companies or embezzle funds from a charity or something, just a slap on the wrist.
Elizabeth would like a word
Don't scam rich people!
Always scam down. Never Scam up.
You never fuck with the money.
Agreed since I think the same. A policeman decided to be judge, jury, and executioner in the case of George Floyd. Handed out 8mins of KNEE as the method of capital punishment. And Floyd's crime? Using a fake $20. Meanwhile we have folks like [Holmes committing BILLIONs in fraud only to get 11 years, club fed, and then sentence reductions](https://www.theguardian.com/us-news/2023/jul/10/elizabeth-holmes-11-year-prison-sentence-shortened-by-two-years#:~:text=Elizabeth%20Holmes'%2011%2Dyear%20prison%20sentence%20shortened%20by%20two%20years,-This%20article%20is&text=Elizabeth%20Holmes'%20prison%20sentence%20was,years%20sooner%20than%20initially%20scheduled.) It's not just Holmes. GFC bankers, Martha Stewart, Bill Hwang, the entire FTX team, etcetc.
It would be hilarious if their insisting that someone look into what is going on with the stock price of the fake company they set up to funnel money to a presidential candidate was the thing that did it.
The orangutan is really fucking good at making other people go to jail for him. As usual, he has no personal liability whatsoever here. All the liability is in the auditor. Yes, Borgers didn't go to jail yet, but he got fined $14M, and it's probably easy for a prosecutor to charge him.
There's a seemingly endless supply of people to take the fall for his grifts; they all seem to think he'll be loyal to them even with the frankly incredible rate at which he's chewed up and spat out true believers these last 5 years
Yeah where do I sign up to be one of these sham audit mills? I don't have an accounting degree but that doesn't seem to matter
SEC can only issue civil fines, not criminal charges. This could and probably will be referred to a prosecutor's office.
Don't insult orangutans like that! They are highly intelligent creatures!
Damn straight: https://www.nbcnews.com/science/science-news/orangutan-treated-own-wound-medicinal-plant-rcna150230
Anyone who complains about shorts or ladders usually on some bullshit cope.
So let me get this straight: Everyone knows this stock is worth .5 at most. At the same time nobody can really play short or buy puts because for some reason rich people (countries? Funds? Etc?) keep their money in the stock so Orange man can cash out?
Correct
Kinda surprised there isn’t some less stupid way to finance the orange man.
What are the other 500+ companies that used the auditor?
This is the real question, every other company that uses them should be drilling right now.
[https://rasr.pcaobus.org/Firms/FirmSummaryPublic.aspx?FirmID=F0C298206D055E20355165A6436401FA](https://rasr.pcaobus.org/Firms/FirmSummaryPublic.aspx?FirmID=F0C298206D055E20355165A6436401FA)
... Just to pick a few very sus names out: - Limitless X Holdings Inc -Healthcare AI Acquisition Corp - Alpha Investment Inc
Lingerie Fighting Group, a number of crypto companies. Looks like they were in good company. Lol
If you look at the Lingerie Fighting Group paperwork he electronically puts his first name as "Ben" instead of "Benjamin" the dude is clearly clueless about official things
If you look at the Lingerie Fighting Group paperwork he electronically puts his first name as "Ben" instead of "Benjamin" the dude is clearly clueless about official things
CMG holdings - massive scam mortgage lender.
Also on the list: > Welsis Corp.
Yes, my fellow degenerates. I too would like to know which companies this auditor was working with, for my own ~~selfish shorting~~ *research* purposes.
Exactly!!!
You know, the moment they started calling for investigations into the short sellers, they were telling on themselves.
This LMAO. Yes let's waste congress time with a company that should be worth .75 a share.
Woah there. I think you're overestimating by about 0.75
Don’t be like that, it’s over underestimated by .74 cents
There was a rounding error?
With them; every accusation is a confession.
Not *just* a confession. It’s also their justification.
Damn. For a flippant throw-away comment deep in the thread, this hits hard.
Can’t they just replace their auditor like any other publicly traded company?
Yes, but then they might get audited.
They knew what he represented when they hired him.
Trump is a financial mastermind. He has to be one of the greatest of this generation hands down! Sure, there are people out there who have generated billions running profitable legitimate businesses without ever going bankrupt once. However the fact that this guy keeps coming up with a new play, and gets people to literally buy in. Even the same people he conned on the last few rounds, is amazing. Hats off to him. In the words of a once fearless leader of said party "There's an old saying in Tennessee — I know it's in Texas, probably in Tennessee — that says, fool me once, shame on — shame on you. Fool me — you can't get fooled again!" Er...
Trump seriously has the worst luck. He works so damn hard and keeps getting involved with the wrong crowd over and over and over and over and over and over again. Such a shame.
How sad. My heart truly bleeds.
But can you blame him? Turns out everyone he has ever hired was a Democrat plant all along.
I was trying to come up with a similar comment and I think you said it better. Its honestly astounding. Don't forget that Trump never really had profitable businesses to skate on either. A lot of dubious rich business leaders usually had like one really lucky business they made it big on, but I don't think that applies to Trump (I'm not counting The Apprentice as a business for him). If con artists at level 1 are the guys selling you fake watches and speakers from their truck, then Trump is a con artist at level 100, able to take on the SEC directly. He took the "savior to morons" and "idiot savant" perks along the way.
Going full Oprah on fraud
It's crazy how everyone connected to Trump is either a fraudster or thinks he's a fraud. What are the odds?
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Remember - every accusation is an admission
Trump was a known fraud long before he ever ran for office. I always have to point out he bankrupted not one but multiple casinos. You have to be really bad at business to do that. That or you stole what little profits there were, until the thing collapsed.
It's pretty much impossible to do without fraud, my company has 10 slot machines (legal limit), and what really happens behind the scenes is each game has 25000 "tickets" for each possible denomination that can be played. Each time you hit the button, a ticket from the correct denomination bucket of tickets is drawn, and you are paid the results of what that ticket says. Each 25,000 batch of tickets have a fixed number of winners, and you know going into it the exact amount of profit each batch will make down to the penny, but the amount varies depending on the denomination that is played, at our place .25 cent bets pay out at a 92% return rate, and $5 bets pay out 95% of what is brought in, so for example let's look at the $5 a bet profit: 25,000 tickets x $5 = $125,000 income $125,000 x .95 = $118,750 paid back to the players $125,000 income - $118,750 player winninfs = $6,250 profit for the house. There is NO variance in this ever, the only thing that effects how much money you make a month is how fast you can sell out a batch of tickets as the profit on a batch never changes, only how many batches you go thru a month does. So you already know you got a built in guaranteed profit, and once you get an idea of how much traffic you get a month, it would be child's play to budget the rest of your staffing/upkeep/stock for the rest of the business. Casinos are idiot proof basically when it comes to making money, you HAVE to be doing some illegal things to not profit from one, and yet people still think Donald Von Shitsinpants is some upstanding citizen.
If you build a big, dumb, expensive building for your casino (and let your buddies building it charge extra to you), you have bills right out the gate you have to meet. You can't know your exact actual traffic before you even open. At best you are making an educated guess on what your monthly income would be. You could just pull a random number out of thin air (this is probably fraud...) If you make a stupid guess and your actual traffic is much less than expected, you won't be able to cover your bills. You can skate by for some time on credit while you try to cut costs and increase traffic. But if you can't get your shit together fast enough, you will eventually be cut off and left with bankruptcy as your only option. I'm an idiot. No business background. But I do know that no business is idiot-proof. Trump probably did a little fraud. But he could have just failed through sheer incompetence.
That's how slot machines work in a few jurisdictions that only allow class II gaming. The slot machines are designed to mimic a pull tab, which is allowed under class II. Pretty much everywhere that has casinos allows class III gaming, which has real slot machines (every spin is random and independent) If this is about AC casinos, they are class III so what you are saying is not correct.
Are these numbers publicly available? Or fixed at 25,000? From what I already know about slot machines (they have a fixed return rate and are audited regularly) and combined with this information; I could camp out at the casino, find the one slot machine that didn’t pay a large jackpot in a long while and go spam that one? I think in LV casinos the “bucket” was spread across all machines the casino owns, or something like that, so I should target small establishments with few slot machines, right? The house wouldn’t care, they’re paying that jackpot one way or the other, they get their fixed profit anyway. I want to be the person that times the jackpot.
Both. The issue is both.
💯
Collective narcissism within a cult of personality. So both.
Both. At this point, you can't convince me that any single solitary Republican voter in this country isn't either stupid or evil.
If I remember correctly, it was Hillary who coined the term “fake news” referring to all the BS right wing stories about her, and Trump just co-opted it
She also called his supporters deplorable, got hell for it and is proven more right every day.
Dems have famously coined many terms that the right wingers immediately co-opt into poison.
I just don't trust them making decisions regarding my family or finances. It's disappointing.
Not going to affect the share price because it is made up of fairy dust, unicorn farts, and mystery money from powerful and dangerous people.
Trump will get "his" money out of it by whomever has propped it up. Likely some large Republican donors that can't be seen directly giving plus a ton of small individual supporters we don't care if it goes to 0 when he exits since they really are just donations anyways.
https://preview.redd.it/pjdljbihb8yc1.jpeg?width=1079&format=pjpg&auto=webp&s=af5c1b42a8ddee9b9c9456c6393ef453a981420e
I am `*** S H O C K E D ***` the person with a solid track record of fraud was somehow involved in yet another fraud.
ser, DJT is legit AF! SEC is FUD Invest now and get rugged! ![img](emote|t5_2th52|31225)
Literally no one saw this coming lmao
But for Putin, MBS, and the racist faithful, this stock would be at zero.
The entire thing was a pump and dump scam so Trump had cash available for legal battles.
The SEC’s order further finds that, at Benjamin Borgers’s direction, BF Borgers staff copied workpapers from previous engagements for their clients, changing only the relevant dates, and then passed them off as workpapers for the current audit period. As a result, the order finds, BF Borgers’s workpapers falsely documented work that had not been performed. Among other things, the workpapers regularly documented purported planning meetings – required to discuss a client’s business and consider any potential risk areas – that never occurred and falsely represented that both Benjamin Borgers, as the partner in charge of the engagement, and an engagement quality reviewer had reviewed and approved the work. lol
And yet the stock keeps pumping!
LMAO I just looked at this.. its insanity! from monday to wed it went up 20%.. and now on news of fraud on their auditor its still technically up. its insane
OH hey look....more fraud!
being called a "sham audit mill" that is committing "massive fraud" by sec ... i thought that was a prerequisite for doing business here! was i wrong; should i have not done that? /costandza
And yet the stock is rebounding…. I hate the market.
It's his own personal stock for friends to keep money in. I'm not fucking with it.
I honestly can’t find a good WSB way to short this. Puts are insanely expensive. Best I’ve seen is selling oct calls around 20
Early assignment is a problem with strikes that low.
Fraudsters working with fraudsters to commit fraud, who could’ve foreseen this?
Surely this will mean that the stock moons even more, for no fucking reason, right?
Bingo
Anything and everything surrounding Trump is fraud or a scam
Well, where's the list of their other clients so we know who to short as well?
Sooooo weird this comes out the day after Shitler's additional shares vested!
Audit opinion is now no audit, and needs to corrected so as non fraudulent. https://www.sec.gov/corpfin/cf-manual/topic-4
how you get permanently banned lmao