Donald Trump Owns a Penny Stock Company

Posted by admin 2 December, 2008

Donald Trump’s casino company Trump Entertainment TRMP is currently trading at 25 cents. Burdened by debt and a bad eceonomy the Atlantic City based company is trying to unload one of its properties, the Trump Marina in order to avoid bankruptcy. A 53 million interest payment was not paid on Monday prompting S&P to cut the company’s corporate credit rating to “D. “ That’d D for Donald. See links for more info.

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