• paf0@lemmy.worldOP
    link
    fedilink
    English
    arrow-up
    78
    arrow-down
    2
    ·
    1 month ago

    I bet Trump sold. He said he wouldn’t, so he probably did.

    • AbidanYre@lemmy.world
      link
      fedilink
      English
      arrow-up
      24
      arrow-down
      1
      ·
      1 month 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.

    • Zachariah@lemmy.world
      link
      fedilink
      arrow-up
      15
      ·
      1 month ago

      Trump … said he wouldn’t, so he probably did.

      You could post this comment all day long, every day.

    • givesomefucks@lemmy.world
      link
      fedilink
      English
      arrow-up
      12
      arrow-down
      4
      ·
      1 month ago

      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.

    • iAmTheTot
      link
      fedilink
      arrow-up
      7
      ·
      1 month ago

      I remember reading there was a period of time where he was legally not allowed to sell his shares. Has that time elapsed?

      • mosiacmango@lemm.ee
        link
        fedilink
        arrow-up
        8
        ·
        edit-2
        1 month ago

        Yes. That was mid september. The actual “founders” sold within days, but this transaction is about a month later.

    • GroundedGator@lemmy.world
      link
      fedilink
      arrow-up
      2
      ·
      1 month ago

      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.