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Political Discussion
Reply to "Trump can’t pay"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]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.[/quote] 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.[/quote] 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.[/quote]
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