"Trump Media stock's latest drop adds to the stock's long-running decline, particularly since Representative Marjorie Taylor Greene entered the fray.
On October 22, 2021, she invested up to $50,000 in DJT when shares were soaring at $92-$94.
Since then, the stock has nosedived by around 83%, marking Greene's entry as a clear peak."
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"Elsewhere, cybersecurity company CrowdStrike (NASDAQ: CRWD) became one of Marjorie Taylor Greene's more eyebrow-raising moves.
On June 24, she opened a new position at $377.93. Fast forward to September 12, and it's now trading at $253.53"a cool 33% dip. Keep in mind, Greene sits on the House Cybersecurity Subcommittee, adding a certain irony to the situation.
Greene has now evolved into a kind of Jim Cramer-esque figure in the investment world, with her trades inspiring chatter about creating an "Inverse Greene ETF""an amusing jab given her less-than-stellar performance.
As one analyst noted, "Politician trust ratings are at an all-time low," and Greene's portfolio isn't exactly doing much to counter that sentiment.
To add another layer of intrigue, on January 2, 2024, Greene claimed she didn't own any stocks"only to pull the classic "I'm holding it for a friend" defense when asked why her name still appeared on Congressional stock reports.
By May 21, she reported a fresh $840K worth of trades, including 14 new moves totaling around $210K."
Makes a feller wonder....
