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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsRon Filipkowski: Trump pledged today that he will not sell any of his shares in Trump Media when he is eligible to do so
next week. That statement resulted in a modest jump in the stock today. Now if he lied and sells, it will be stock manipulation by the majority shareholder and hes f*cked.
If Trump sells any shares in the near future now, hes guilty of securities fraud.
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Ron Filipkowski: Trump pledged today that he will not sell any of his shares in Trump Media when he is eligible to do so (Original Post)
highplainsdem
Friday
OP
FalloutShelter
(12,477 posts)1. Uh huh.
unblock
(53,909 posts)2. He won't sell. He'll borrow against them to avoid having to pay taxes.
It's still stock manipulation, but I'm not aware of the sec ever going after someone if they merely borrow against the stock rather than actually sell it.
Dave Bowman
(3,099 posts)3. He's so greedy and dumb that he'll probably try something anyway.
Johonny
(21,608 posts)4. Prediction. He will sell and dare them to vome after him
Because he is that type of person
OLDMDDEM
(1,864 posts)5. And you believe him?
Xavier Breath
(4,572 posts)6. ...
Volaris
(10,464 posts)7. Hes not gonna sell it till after he loses, and if he wins, itll be where the bribes go to get laundered.
SWBTATTReg
(23,556 posts)8. It'll go to a zero dollar value, and the company will declare bankruptcy. It's the usual tRUMP story. Then, he's
not able to get a single dime out of the deal. And what gets me is why they (the company) gave him so much stock? He hasn't helped one bit, all the stock has been doing is going down, down, down!