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|    POLITICS    |    Political Discussions    |    39,875 messages    |
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|    Message 37,107 of 39,875    |
|    Joseph Pereira to All    |
|    GrabAGun's (PEW) IPO Not a Success    |
|    18 Jul 25 05:16:27    |
      TZUTC: -0500       MSGID: 35265.fido_politics@1:124/5016 2cdfdebc       PID: Synchronet 3.21a-Linux master/5a0ede2e8 Jun 21 2025 GCC 13.3.0       TID: SBBSecho 3.28-Linux master/5a0ede2e8 Jun 21 2025 GCC 13.3.0       BBSID: EOTLBBS       CHRS: ASCII 1       FORMAT: flowed       NOTE: FSEditor.js v1.105              This company, partly owned by the son of the US president, went public through       a blank-check method.              A shell company, so to speak. This online gun store does claim to have       generated some revenue, but it's difficult to verify.              It's a gun dealer, and Trump's son owns 300,000 shares in it.              After the IPO, the share price dropped 24%, and yesterday, before the market       opened, it lost another 9%. By the end of the regular session yesterday, the       loss for the day alone was almost 32%.              This decline was, of course, not the intention. The goal was for Trump's base       to also buy the shares so that Trump's friends and his son would benefit       financially.              It's simply a shell company that was brought to the market and is now worth       $300 million.              Yet another few hundred million conjured out of thin air, thanks to the stock       market and wealthy friends.              The scam continues, and people keep falling for it.               .       --- SBBSecho 3.28-Linux        * Origin: End Of The Line BBS - endofthelinebbs.com (1:124/5016)       SEEN-BY: 103/705 105/81 106/201 124/0 5016 128/187 129/14 305 153/757       SEEN-BY: 153/7715 154/10 30 110 203/0 218/700 221/0 226/30 227/114       SEEN-BY: 229/110 206 300 307 317 400 426 428 700 705 240/1120 5832       SEEN-BY: 263/1 266/512 280/464 5003 5006 291/111 292/854 8125 301/1       SEEN-BY: 310/31 320/219 322/757 341/66 234 342/200 396/45 423/120       SEEN-BY: 460/58 256 1124 467/888 633/280 712/848 770/1 902/26 5020/400       SEEN-BY: 5054/30 5075/35       PATH: 124/5016 280/464 460/58 229/426           |
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