28 Dec 2024 9:38 am
NOT TO BE TRUSTED IN AMERICAN POLITICS.LowIQTrash » 27 Dec 2024, 9:00 am » wrote: ↑ For those of you unaware, he headed a biotech firm that produced a failed Alzheimer's drug, which sent the stock price down to penny land. It was a pump and dump (he reportedly used his mother's MD credentials to sign off on the paperwork).
Then he, with the help of some unknown investors, bought it up again when it was near $0.00 and did a 2nd IPO under a different ticker/company name and cashed out with millions. The stock traded at $130+ at one point and is now below $1 (I don't remember if it's on OTC markets or bankrupted).
So he did 2x pumps and dumps. You figure out how much "GDP" that contributed to our "nation's well being."
SOROS FELLOWSHIP DID IT FOR ME
Vivek Ramaswamy-founded company to sell drug in $7B deal
Vivek Ramaswamy Paid to Have Wikipedia Page Edited