I was another that was disappointed that it didn't close below 30 last week. |
Good catch. Companies do this when they want a little more leeway to do shady stuff. |
On March 26, it went public and on March 27, it reached it's peak of $70.90 per share.
Today, it hit a low of $26.75 per share (currently at $27.05). So in less than 3 weeks (tomorrow will be 3 weeks), it is at 38% of it's peak value and has lost almost 2/3 of it's value. He cannot trade his shares until September 26. He'll be lucky if it isn't a penny stock by then. |
Has knight insurance filed its motion to prove it can pay the bond? |
Not only have they not filed such a motion, but their original filing indicated they would not be covering the bond. |
The Trump team has a history of filing at the nth hour. I'd expect something at 4:59. |
So what has she seized today? I'll accept your apology now. |
trump's deadline to re-file is today at 5PM, and nothing will happen for a few days aterwards. I don't see a prediction of exact time. |
The PP's said she'd be seizing stuff today. Are you saying she's actually going to do that this evening? |
This is just a guess on my part, but I'm sure there is paperwork involved if that's what she wants to do, and that's probably the next move from James. |
No, I'm saying that she can't seize stuff today, as the deadline is 5PM. But she can technically start moving on his properties at 5:01 - in fact, she's probably got a few choice properties lined up. |
The rubes think it’s some liberal conspiracy. Smart move by the execs to sell another 21.5M shares, of course the price will decline. They are going to get themselves paid with the cult followers money. It hit the $25 range in after hours trading. |
So no seizures today then? Hmm, that's not what the PPs said. Seems they had no idea what they were talking about. The next move will be attending the hearing with Judge Engoran next week. Nothing is going to happen until that hearing happens, at the earliest. |
She's not going to seize anything at 5:01 today. Or tomorrow. She can't because the judge hasn't had the hearing on the bond yet. That's next week. |
The shares are locked for 6 months post "IPO" so they can do whatever they want, but it isn't a tradable asset until the fall. By then, it will most likely be under a dollar per share. |