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I just really hope it is the little MAGA investor that end up being the bag holders here.
There are three types of people who invested in trump.
1) really rich people - looking to essentially trade money for policy, (prob close to 50% of the value)
2) Trump supporters, (prob close to 10% of the value)
3) wall street bet types who know that trump will be A O.K with shady practices to artificially inflate the business value before in goes belly up. (prob close to 40% of the value).
Almost all of pot 3 is going to leave in the next coupe of weeks. That will leave #1 and 2s left. The #1s are fine with losing 75 cents on the dollar because they are making a policy bet for influence over trump.
Its a meme stock, reddit is down 10% since its IPO. The shares of DJT are going to be around $20 for a while - propped up by #1s.