• @[email protected]
    link
    fedilink
    7
    edit-2
    7 months ago

    I think there’s a lock out period for him following the merger but I don’t know for how long. There’s still time for the stock (DJT) to plummet, with any luck.

    • @[email protected]
      link
      fedilink
      187 months ago

      6 months. From April I think, so that would mean he can sell in October.

      The share price is absurd. Idiots buying because they want to support trump somehow. The shares are worthless but hapless idiots will pay stupid prices for them.

      He will start selling as soon as he can. I expect there will be a steady downward trajectory but who knows how fast and how low.

      • @[email protected]
        link
        fedilink
        English
        11
        edit-2
        7 months ago

        I bet that he blames “market manipulation” or something to his followers when he sells.

      • @[email protected]
        link
        fedilink
        27 months ago

        It’s definitely not retail investors. The entire thing very obviously a back channel for the mob and Russians to pay Donald Trump for various things by propping up the share price.

      • @Pacmanlives
        link
        17 months ago

        Which means there be a massive pump in September/early October and then dump

        • @[email protected]
          link
          fedilink
          17 months ago

          I don’t think it will be quite so pronounced. Trump has a majority holding so he will have to drop comparatively small holdings whenever he can do so without tanking the price.

      • @TehWorld
        link
        English
        17 months ago

        Foreign governments are certainly propping up shares.

    • FuglyDuck
      link
      English
      27 months ago

      It was a few months, but I think it’s about to expire.