The Schadenfreude is strong in these threads, but the simple fact of the matter is, Trump is going to sell in six months, or sooner if the board decides he can, which they will, and come out of this with Billions. The suckers, and the “institutional(read:foreign) investors” are going to make sure this stock stays propped up specifically so Trump can get paid out. This is what’s happening, it’s what’s going to happen. The only solace to take from this, is it’s possible, though not probable by that time, Trump could be in prison (though that too is incredibly unlikely as even if he’s found guilty of the what is it 37 felony counts in the NY hush money trial starting today, SCOTUS is yet to weigh in, and his appeals will almost assuredly allow him to run out the clock of his mortal coil)
The stock thing though, that’s a guaranteed winner for Trump, even if it falls to single digits
Nope. Unless the lockup is waived or modified by the board, Trump cannot “lend, offer, pledge, hypothecate, encumber, donate, assign, sell, contract to sell … or otherwise transfer or dispose of” his shares (this language is well-tested boilerplate for any lockup agreement). In case it’s not clear, that covers using them to get a leveraged loan.
Far more likely is the board simply waives the lockup which frees him to do whatever he wants, in which case my bet is he just sells off some or all of his stake 'cuz who gives a shit if one of his cult members catches the falling knife.
I’m fine with his cult members catching falling knives, but I’d rather he be forced to take the L along with them. The can all hang out together in El Salvador.
The Schadenfreude is strong in these threads, but the simple fact of the matter is, Trump is going to sell in six months, or sooner if the board decides he can, which they will, and come out of this with Billions. The suckers, and the “institutional(read:foreign) investors” are going to make sure this stock stays propped up specifically so Trump can get paid out. This is what’s happening, it’s what’s going to happen. The only solace to take from this, is it’s possible, though not probable by that time, Trump could be in prison (though that too is incredibly unlikely as even if he’s found guilty of the what is it 37 felony counts in the NY hush money trial starting today, SCOTUS is yet to weigh in, and his appeals will almost assuredly allow him to run out the clock of his mortal coil)
The stock thing though, that’s a guaranteed winner for Trump, even if it falls to single digits
I don’t know if he’ll make it to the 6 month cliff, but he may be able to leverage the shares sooner without selling.
Nope. Unless the lockup is waived or modified by the board, Trump cannot “lend, offer, pledge, hypothecate, encumber, donate, assign, sell, contract to sell … or otherwise transfer or dispose of” his shares (this language is well-tested boilerplate for any lockup agreement). In case it’s not clear, that covers using them to get a leveraged loan.
Far more likely is the board simply waives the lockup which frees him to do whatever he wants, in which case my bet is he just sells off some or all of his stake 'cuz who gives a shit if one of his cult members catches the falling knife.
I’m fine with his cult members catching falling knives, but I’d rather he be forced to take the L along with them. The can all hang out together in El Salvador.
The lender would have to be a moron to offer that loan.
That or the “lender” doesn’t consider it so much as a ‘loan’ but rather as a ‘payment’.
Thinking Saudis or Kuwait, or whoever wants to buy and own Trump.
Gotta remember, a presidential candidate is for sale right now. Not that he wasn’t bought before.