@[email protected] to politics @lemmy.worldEnglish • 6 months agoTrump Media shares halted after sudden DJT stock plungewww.cnbc.comexternal-linkmessage-square41fedilinkarrow-up1275cross-posted to: [email protected][email protected]
arrow-up1275external-linkTrump Media shares halted after sudden DJT stock plungewww.cnbc.com@[email protected] to politics @lemmy.worldEnglish • 6 months agomessage-square41fedilinkcross-posted to: [email protected][email protected]
minus-square@[email protected]OPlinkfedilinkEnglish78•6 months agoI bet Trump sold. He said he wouldn’t, so he probably did.
minus-square@[email protected]linkfedilinkEnglish12•6 months agoNah, as much as he has it would have cratered the price, especially because everyone around him would dump immediately. This is just someone trying to beat it, and trump is likely furious. If he was cashing out, and he’d have pulled everything at once.
minus-square@[email protected]linkfedilinkEnglish24•6 months ago 84 million shares had traded hands by 3:18 p.m. — multiple times the company’s 30-day average trading volume Sure looks like it.
minus-square@[email protected]linkfedilink7•6 months agoI remember reading there was a period of time where he was legally not allowed to sell his shares. Has that time elapsed?
minus-squaremosiacmangolinkfedilink8•edit-26 months agoYes. That was mid september. The actual “founders” sold within days, but this transaction is about a month later.
minus-square@[email protected]linkfedilink2•6 months agoHe is an officer of the company and the majority stakeholder. He’s legally required to file with the SEC. If that has happened it would be huge news on every outlet.
minus-square@[email protected]linkfedilink15•6 months ago Trump … said he wouldn’t, so he probably did. You could post this comment all day long, every day.
I bet Trump sold. He said he wouldn’t, so he probably did.
Nah, as much as he has it would have cratered the price, especially because everyone around him would dump immediately.
This is just someone trying to beat it, and trump is likely furious.
If he was cashing out, and he’d have pulled everything at once.
Sure looks like it.
I remember reading there was a period of time where he was legally not allowed to sell his shares. Has that time elapsed?
Yes. That was mid september. The actual “founders” sold within days, but this transaction is about a month later.
He is an officer of the company and the majority stakeholder. He’s legally required to file with the SEC. If that has happened it would be huge news on every outlet.
You could post this comment all day long, every day.