2 Jun 2023 8:42 am
All the brokerage firms assemble portfolios for clients, and Pfizer is in most of them.
The same is true of many mutual funds and ETF funds, and all major s&P index funds.
Trump is not a major investor in the stock market, he prefers real estate. He likes real estate because he can lie to buyers about its great worth, and lie to the government about its worthlessness. The price of any listed stock on every given day is a matter of record, you cannot lie about it. You cannot lie about what you paid for it, or what you sold it for.
So I doubt that Trump is making a lot on Pfizer stock... which by the way, it has been a rather poor investment.
Today's price: 38.41/share, down 25.07% year to date, down 14.27% for the past year.
dividend rate is about 4.3%
There are better stocks to short than PFE
The same is true of many mutual funds and ETF funds, and all major s&P index funds.
Trump is not a major investor in the stock market, he prefers real estate. He likes real estate because he can lie to buyers about its great worth, and lie to the government about its worthlessness. The price of any listed stock on every given day is a matter of record, you cannot lie about it. You cannot lie about what you paid for it, or what you sold it for.
So I doubt that Trump is making a lot on Pfizer stock... which by the way, it has been a rather poor investment.
Today's price: 38.41/share, down 25.07% year to date, down 14.27% for the past year.
dividend rate is about 4.3%
There are better stocks to short than PFE