paf0@lemmy.world to politics @lemmy.worldEnglish · 1 day agoTrump Media shares halted after sudden DJT stock plungewww.cnbc.comexternal-linkmessage-square40fedilinkarrow-up1191arrow-down14cross-posted to: news@lemmy.worldpolitics@lemmy.world
arrow-up1187arrow-down1external-linkTrump Media shares halted after sudden DJT stock plungewww.cnbc.compaf0@lemmy.world to politics @lemmy.worldEnglish · 1 day agomessage-square40fedilinkcross-posted to: news@lemmy.worldpolitics@lemmy.world
minus-squarepaf0@lemmy.worldOPlinkfedilinkEnglisharrow-up36·1 day agoI bet Trump sold. He said he wouldn’t, so he probably did.
minus-squareAbidanYre@lemmy.worldlinkfedilinkEnglisharrow-up20·1 day 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-squareZachariah@lemmy.worldlinkfedilinkarrow-up15·1 day ago Trump … said he wouldn’t, so he probably did. You could post this comment all day long, every day.
minus-squareGroundedGator@lemmy.worldlinkfedilinkarrow-up2·1 day 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-squareiAmTheTot@sh.itjust.workslinkfedilinkarrow-up6·1 day agoI remember reading there was a period of time where he was legally not allowed to sell his shares. Has that time elapsed?
minus-squaremosiacmango@lemm.eelinkfedilinkarrow-up8·edit-21 day agoYes. That was mid september. The actual “founders” sold within days, but this transaction is about a month later.
minus-squaregivesomefucks@lemmy.worldlinkfedilinkEnglisharrow-up5arrow-down3·1 day 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.
I bet Trump sold. He said he wouldn’t, so he probably did.
Sure looks like it.
You could post this comment all day long, every day.
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.
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.
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.