Subject: Re: DJT, trump and the IPO, what comes next?

there are meme-players on both sides, some have obviously gotten lucky and already cashed in.
personally, i feel just as lucky my brokerage greatly restricts trading on this type of garbage.

there is no logical investment strategy here, given volatility and fees.

odds are stacked with fully controlling insiders with basically zero cost long positions. internal squabbles among their own stakes are minor drama. insiders have shown they WILL come together in order to improve odds of monetizing (e.g., as in lawsuits paused during recent SPAC vote). fleecing the retail investor is the primary source for monetization, as the business is worthless in terms of ever getting ahead of its cumulative cost of capital by profits sent to retail shareholders.

now exactly how insiders will grift is the entertaining mystery. trump obviously wants to loosen just his own lockup , and not others. can he drive it mostly on his own?
(and so what if don has to share: even if don nets $2/ share, that is still $2 more than what he put in, $2 more than intrinsic value, and probably more single-deal profit than he has ever made.)