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captain queeg

(11,780 posts)
Tue Sep 17, 2024, 11:07 PM Sep 17

Poor Donny. DJT down another $1.14, close to $16 a share.

Don’t understand this stuff very well but I’ve read if it hits $16 that’s really bad. Or something like that. And that Donny coming out last week and saying he wasn’t going to sell his stock that he’d be in legal jeopardy if he did so now. Like I say I don’t really get it, just amused to see it continuing its downhill spiral.

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Poor Donny. DJT down another $1.14, close to $16 a share. (Original Post) captain queeg Sep 17 OP
Three days to go and he can sell his shares. He owns 60% of the total shares. RockRaven Sep 17 #1
If it drops to 12 bucks a share hes not allowed to sell it (i think thats what i read?) Volaris Sep 17 #2
Trump Media is under $16 LetMyPeopleVote Sep 18 #3
He'll still pull in a ton of money.... Happy Hoosier Sep 18 #4
Yeah he'll be laughing all the way to the bank. captain queeg Sep 18 #5
$15.56 just now RussBLib Sep 18 #6

RockRaven

(16,181 posts)
1. Three days to go and he can sell his shares. He owns 60% of the total shares.
Tue Sep 17, 2024, 11:11 PM
Sep 17

And he got them for virtually nothing, so any money he gets for them is found money. The price will fall further in the next couple of days in anticipation of TCF selling a lot of shares.

Volaris

(10,592 posts)
2. If it drops to 12 bucks a share hes not allowed to sell it (i think thats what i read?)
Tue Sep 17, 2024, 11:18 PM
Sep 17

However, he owns 115 million shares of it, so if it's sitting at 12.01 on new years eve, he's still gonna make a billion dollars off it...

Oh well. Maybe Melania will get all of it in the prison divorce.

Happy Hoosier

(8,314 posts)
4. He'll still pull in a ton of money....
Wed Sep 18, 2024, 09:59 AM
Sep 18

He'll sell his stake... and keep it secret as long as he can. But even with the price collapse, he'll pull in a billion dollars. He does not GAF what happens after that.... he'll have fleeced the marks, and he'll move on.

captain queeg

(11,780 posts)
5. Yeah he'll be laughing all the way to the bank.
Wed Sep 18, 2024, 10:57 AM
Sep 18

I hope NY is ready to pounce as soon as he has some money. And I think he still owes E Carrol a bunch too?

RussBLib

(9,664 posts)
6. $15.56 just now
Wed Sep 18, 2024, 10:59 AM
Sep 18

...when Trump loses, I expect the bottom will fall out of the stock, which is why he will cash out before the election.

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