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

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 🇺🇸

halted

The invisible hand has spoken. DJT has seen a steady decline over the past week. Donny is done.

Anonymous wrote:

Anonymous wrote: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.

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.

Anonymous wrote: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.

And maybe his dance party. And his canceling all those interviews. A risky bet has turned into a sure loser. Trump is obviously done.

Wait until WLFI comes out! The grift must continue! Now millions can get fleeced in crypto as well.

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.

Anonymous wrote:Leave it to Trump to be behind a stock somehow tanking in THIS stock market. The financial failure is on brand I guess. Off to sell snake oil crypto and silver coins next…

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.

Anonymous wrote:Leave it to Trump to be behind a stock somehow tanking in THIS stock market. The financial failure is on brand I guess. Off to sell snake oil crypto and silver coins next…

and watches.

Anonymous wrote:

Not the only co-founder

Anonymous wrote:

Anonymous wrote:

Crazy but such a smart move. We don’t know the exact amount but the estimate based on the stock being in the $15-$12 range on the eligible dates is $128M to $170M for the sale(s).

I wonder why they kept 100 shares? Maybe sentimental reasons since this grift has made them each worth 10s of millions!

My guess is that it has something to do with having legal standing in case they need to sue Trump or the company again.

Anonymous wrote:

Anonymous wrote:

Crazy but such a smart move. We don’t know the exact amount but the estimate based on the stock being in the $15-$12 range on the eligible dates is $128M to $170M for the sale(s).

I wonder why they kept 100 shares? Maybe sentimental reasons since this grift has made them each worth 10s of millions!

He probably retained some shares so he can remain a plaintiff in any forthcoming shareholder litigation.

Anonymous wrote:

Anonymous wrote:

Crazy but such a smart move. We don’t know the exact amount but the estimate based on the stock being in the $15-$12 range on the eligible dates is $128M to $170M for the sale(s).

I wonder why they kept 100 shares? Maybe sentimental reasons since this grift has made them each worth 10s of millions!

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.