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Following the money plays a big part in which stocks serious investors buy.
Example.
He recieved a very large bank loan, say $100 million, to construct a hotel, or maybe a golf course. Let's investigate who is getting the construction contract and buy some of their stock.
Boy, that would be a mistake, since that construction company isn't going to get paid more than pennies on the dollar.
Or, one of his companies is going bankrupt. Find out who he owes money to and sell their stock.
Yeah, that might work, at least in theory.
I used to subscribe to the Wall Street Journal, Investors Business Daily, and Barrons to get leads on stocks to buy and sell. They report tons of business transactions that do not make main stream news. Trump's name came up often in these papers. His deals did affect the price of many individual stocks.
Well, if you made money paying attention to Trump, more power to you. It seems to me he's been relatively small potatoes business-wise except for a few years in the early 80s when he was blowing daddy's money.
barfo
