136
I could have sworn I just saw an article touting that Trump Media was now worth more than X though? Can someone ELI5?
So still double what it was at the beginning of the month...
You might not feel like that looking at the graph, because:
Graphs that don't start the y axis at 0 are shitty at conveying information
And I'll keep complaining about them as long as people keep doing it.
Rest easy now, friend. The battle is over.
Every one of these stories about DJT stock in the month of October has been missing the same subheadline. "Stock price dips to what is was at a few days ago, then quickly recovers." Which can probably be read as "Whale cashes out, Quiltists fill in the hole."
There’s no evidence it’s quiltists. That kind of blanket statement has no place in this debate. It could be someone else trying to fleece investors before they cotton on.
Welcome to American journalism...
Where the focus is on clicks/profits unless a billionaire bought the company to convince people billionaires aren't the problem
Yep, no matter what it is, you know the presenter is being dishonest with information.
Graphs that don't start the y axis at 0 are shitty at conveying information
If you know how to read a graph, then it doesn't matter if the y-axis includes zero
These are in articles for the general public. Assuming even a general understanding of graphing is not reasonable in this case.
I think completing pre-algebra (generally taught in middle school or high school) is sufficient to understand a table.
And if you can understand a table, then you can understand a graph with a y axis break.
As someone who has worked for many years in customer service and retail environments, I can conclude from your post that you haven't worked directly with the public very much.
I think you underestimate your customers.
A 10 day weather forecast typically includes a graph with a y-axis break. It is meant for the general public, and most people have no difficulty interpreting it.
And nearly triple what it was on September 23rd.
I appreciate your point and it's a relevant one...
But did you really have to link another graph that doesn't start at zero?
It's funny if intentional, but my soul still died a little. It's really become the norm in the last decade or two.
Only a little intentional :) . It was the best I could find quickly.
It drives me crazy, but it really is everywhere these days.
Like, when we printed stuff out it was a little excusable, but a couple extra pixels on a graph is never a big deal
One screenshot was from the other day when it happened (cropped), the other is from today(uncropped). All I can tell is it's a very volatile stock and people are gambling on it for short term gains.
Then here's the 3 month for comparison.
Those are graphs of percent change...
A completely different thing...
I think the graphs demonstrate my point that compared to the S&P 500 (one of the most common indexes to compare a stock to the rest of the market) it is a very volatile stock both on the Max and 3 month comparisons. Now granted it was a quick Google search so volumes and fundamentals aren't in there.
Just let it fall, stop halting it. Let the market decide!
This is what really pisses me off about the stock market. It's all free market capitalism until it goes bad then suddenly people are concerned with the knock-on effects.
They do this on the way up too. Sometimes a little breather is enough to save some pensions.
No no, too many rich people might lose money then.
As soon as it's clear Trump will not be returning to the White House, the value of the stock will plummet to near zero. There will be a few dead cat bounces, but it will go away for good once Harris is sworn in
Unfortunately, it'll probably continue to exist as a way to launder foreign bribes to Trump. Even if Trump soundly loses, he'll still be a useful propaganda mouthpiece.
It will be delisted.
Delisted based on…?
That stock will have value so long as Trump needs to launder money.
Yeah, but if Trump loses he becomes near worthless to anybody that is paying him. He’s not going to run in 2028. I doubt he’ll be physically able to. He’ll be abandoned (or worse) by Putin/Xi/Saudis. He’ll have his cult but his handlers will be looking for the next Trump.
this post was submitted on 31 Oct 2024
136 points (99.3% liked)
politics
19144 readers
5296 users here now
Welcome to the discussion of US Politics!
Rules:
- Post only links to articles, Title must fairly describe link contents. If your title differs from the site’s, it should only be to add context or be more descriptive. Do not post entire articles in the body or in the comments.
Links must be to the original source, not an aggregator like Google Amp, MSN, or Yahoo.
Example:
- Articles must be relevant to politics. Links must be to quality and original content. Articles should be worth reading. Clickbait, stub articles, and rehosted or stolen content are not allowed. Check your source for Reliability and Bias here.
- Be civil, No violations of TOS. It’s OK to say the subject of an article is behaving like a (pejorative, pejorative). It’s NOT OK to say another USER is (pejorative). Strong language is fine, just not directed at other members. Engage in good-faith and with respect! This includes accusing another user of being a bot or paid actor. Trolling is uncivil and is grounds for removal and/or a community ban.
- No memes, trolling, or low-effort comments. Reposts, misinformation, off-topic, trolling, or offensive. Similarly, if you see posts along these lines, do not engage. Report them, block them, and live a happier life than they do. We see too many slapfights that boil down to "Mom! He's bugging me!" and "I'm not touching you!" Going forward, slapfights will result in removed comments and temp bans to cool off.
- Vote based on comment quality, not agreement. This community aims to foster discussion; please reward people for putting effort into articulating their viewpoint, even if you disagree with it.
- No hate speech, slurs, celebrating death, advocating violence, or abusive language. This will result in a ban. Usernames containing racist, or inappropriate slurs will be banned without warning
We ask that the users report any comment or post that violate the rules, to use critical thinking when reading, posting or commenting. Users that post off-topic spam, advocate violence, have multiple comments or posts removed, weaponize reports or violate the code of conduct will be banned.
All posts and comments will be reviewed on a case-by-case basis. This means that some content that violates the rules may be allowed, while other content that does not violate the rules may be removed. The moderators retain the right to remove any content and ban users.
That's all the rules!
Civic Links
• Congressional Awards Program
• Library of Congress Legislative Resources
• U.S. House of Representatives
Partnered Communities:
• News
founded 1 year ago
MODERATORS