Anonymous wrote: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.
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.