100 shares means he is still a stockholder and will still get the information distributed to stockholders. It allows him to keep track of the company if he wants to. |
He probably retained some shares so he can remain a plaintiff in any forthcoming shareholder litigation. |
My guess is that it has something to do with having legal standing in case they need to sue Trump or the company again. |
and watches. |
The valuation of the company is not based on anything remotely related to its actual business, but on Trump's brand. I run a company with better revenue and profit than this, and we'd get laughed at if we suggested that our valuation should be in the billions. If Trump wins in November, the stock would take off again. |
Oh wow.
That's the result of his disastrous interview Bloomberg interview at the Economic Club of Chicago today. Investors saw how his dementia had progressed and threw their shares at someone else. The co-founders have already sold their shares and retired from the field covered in ill-gotten gains, BTW. |
Wait until WLFI comes out! The grift must continue! Now millions can get fleeced in crypto as well. |
And maybe his dance party. And his canceling all those interviews. A risky bet has turned into a sure loser. Trump is obviously done. |
I hope so. We only have 3 weeks to go and Trump voters have to be made aware of their leader's incapacitation so as not to show up at the polls. Don't forget early voting has already started. It turns out Trump's dementia is the October Surprise. Not that he didn't have it before. But apparently people are finally reporting it in the news consistently and sharing it online. |
The invisible hand has spoken. DJT has seen a steady decline over the past week. Donny is done. |
This stock is wild. It peaked in March at over $60, quickly plummeted to $22, jumped above $50, a steady decline to $12, a quick rally above $50, now a quick slide to $28.
Somebody is getting rich off this volatility! On a completely unrelated note, the CFO just sold $12M, and the General Counsel and Director also sold out. The company did only 1M in quarterly revenue. I’m sure they are thanking the rubes while celebrating on their new yachts! Only in America 🇺🇸 |
So early on “Liberation Day,” when it was obvious that the tariff announcement was going to put the stock market in free fall, DJT filed with the SEC to permit a trust led by Trump to sell almost 115 million shares currently worth around $2.3 billion. The company said that it had no immediate plans to do that, but the filing was enough to rattle some investors, and the stock fell.
https://www.marketwatch.com/story/im-not-being-a-troll-i-bought-djt-stock-and-im-down-50-im-sweating-what-now-542f8ebc?siteid=yhoof6 |