13.93 at the moment! |
13.63 the cash out continues. Dropping by the minute |
There are a few non Trump investors with large stakes. The question is are they selling, and how? Probably dribbling out shares instead of a big dump, to try and maximize sale price. |
The insiders are dumping. Volume is already at 4M 15 minutes after market opening. Normal daily average is less than 9M |
They should absolutely cash out. Index fund and ETF investors will be the bag holders once the index funds/ETFs rebalance after Nasdaq delists. Nasdaq will delist after 30 days of the price of a stock below $1. The index funds/ETFs do not rebalance their weighted holdings in real time. So right now Nasdaq total market funds (eg, FNCMX or VFINX), total market funds (eg VTI), or Russell 1000 funds/ETFs will be holding as if the price was the same as weeks ago. Insiders can dump in real time and maybe get $10+ per share and then index funds and ETFs will likely rebalance at quarter end once the shares are below $1. It's the retail index fund and ETF investors holding the bag. But they will not even realize it since the losses on DJT are likely overwhelmed by gain by other stocks underlying the index fund or ETF. It's a total con job. |
It's not like it will get back to $14 ever again. Dump now and get what you can. Such a loser. |
Donald paid nothing for his 57%. It’s all gravy to him. He didn’t contribute capital. Nasdaq did a disservice to American investors by even listing this stock. That ensured the stock would get picked up by index funds and ETFs. |
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Stock has rallied nearly $1 in the last hour. Someone is providing price support. |
I’m guessing he doesn’t have enough $$ to even call it a portfolio. He’s a podcaster or something. Probably only owns a few shares, no 😭 |
The Saudi's or Russians, I am sure. |
But to what end? Trump is not even using RNC money for his campaign. Propping him up won’t help him win which is what Russia wants. Saudi has Jared who is probably more reliable. |