paf0@lemmy.world to politics @lemmy.worldEnglish · 16 days agoTrump Media shares halted after sudden DJT stock plungewww.cnbc.comexternal-linkmessage-square41fedilinkarrow-up1275arrow-down14cross-posted to: [email protected][email protected]
arrow-up1271arrow-down1external-linkTrump Media shares halted after sudden DJT stock plungewww.cnbc.compaf0@lemmy.world to politics @lemmy.worldEnglish · 16 days agomessage-square41fedilinkcross-posted to: [email protected][email protected]
minus-squarepaf0@lemmy.worldOPlinkfedilinkEnglisharrow-up78arrow-down2·16 days agoI bet Trump sold. He said he wouldn’t, so he probably did.
minus-squareAbidanYre@lemmy.worldlinkfedilinkEnglisharrow-up24arrow-down1·16 days 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-up15·16 days ago Trump … said he wouldn’t, so he probably did. You could post this comment all day long, every day.
minus-squaregivesomefucks@lemmy.worldlinkfedilinkEnglisharrow-up12arrow-down4·16 days 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.
minus-squareiAmTheTot@sh.itjust.workslinkfedilinkarrow-up7·16 days 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-216 days agoYes. That was mid september. The actual “founders” sold within days, but this transaction is about a month later.
minus-squareGroundedGator@lemmy.worldlinkfedilinkarrow-up2·15 days 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.
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.
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.
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.
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.