paf0@lemmy.world to politics @lemmy.worldEnglish · 19 hours agoTrump Media shares halted after sudden DJT stock plungewww.cnbc.comexternal-linkmessage-square41fedilinkarrow-up1265arrow-down14cross-posted to: [email protected]
arrow-up1261arrow-down1external-linkTrump Media shares halted after sudden DJT stock plungewww.cnbc.compaf0@lemmy.world to politics @lemmy.worldEnglish · 19 hours agomessage-square41fedilinkcross-posted to: [email protected]
minus-squarepaf0@lemmy.worldOPlinkfedilinkEnglisharrow-up77arrow-down2·19 hours agoI bet Trump sold. He said he wouldn’t, so he probably did.
minus-squareGroundedGator@lemmy.worldlinkfedilinkarrow-up2·10 hours 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-squareAbidanYre@lemmy.worldlinkfedilinkEnglisharrow-up23arrow-down1·18 hours 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-up15·17 hours ago Trump … said he wouldn’t, so he probably did. You could post this comment all day long, every day.
minus-squareiAmTheTotlinkfedilinkarrow-up7·18 hours 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-218 hours agoYes. That was mid september. The actual “founders” sold within days, but this transaction is about a month later.
minus-squaregivesomefucks@lemmy.worldlinkfedilinkEnglisharrow-up12arrow-down4·19 hours 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.
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.
Sure looks like it.
You could post this comment all day long, every day.
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.