The stock market is soaring, but not every stock has joined the celebration. DJT is down since Donald Trump won the election:
What's going on? Is there just lots of selling pressure as big investors get out while the getting is good? If any stock should have skyrocketed after Trump's win, it's Trump's own stock. I don't get it.
He'll have to sell it now and its book value is nil.
Now superfluous as a backchannel for bribery.
Can now go direct.
Only please to call it 'gratuity'.
How could DJT benefit from the coming huge tax cuts if it has no income?
Perhaps they fear Trump selling off and completely tanking the stock? Who the hell knows. It's a scam to begin with so anything is possible.
Or, just as likely, Trump is actually selling.
Could be that too. I hope he has. It means his stupid ass supporters are going to lose their shirts. Theres no one more deserving of getting screwed over by Trump more than Trump supporters.
A pretty standard investing rule is to buy on a prediction of something favorable happening, and then sell when it actually happens. It looks like this may be an example.
Yes, people who bought in September when shares were below $20 may be happy to take their profit now. The possibility of the stock collapsing because Trump decided to sell has always made it a risky investment.
The problem, broadly speaking, this stock is owned by unsophisticated investors who are mostly diehard Trump supporters. Thus, applying a rational analysis, leads to something close to the null set/similar to dividing by zero...
Elon surely will pressure Trump to post more on Twitter. Bet they had a deal in fact.
Bingo! DJT stock is tanking now because Trump is selling out. He'll collect his $3-5Bn and then shut the company down and restart his account on Xitter.
Yep, that'd be my call too. Follows the Atlantic City M. O. where he took the casinos public and let the rubes eat the loss as the actual money-losing status emerged.
This selling follows that huge spike two or three weeks ago so it's optimal time to git while the gittin's good.
yeah, I was tempted to look into short selling after the election, but I'm not really a gambler.
He certainly won't make anywhere near that amount if he sells. Once word gets out, the share price will tank. But he'll still clear a few hundred million for doing basically nothing.
Sounds like Trump. Truth social will go the way of Friendster and my space and Trump will post and promote Xitter. He made his money with no investment at all. He'll move on. The fact that he screwed over his supporters won't matter a bit. It's just business to him.
Selloff, profit taking. Same reason Tesla goes down after a sales report.
"Insiders" (executives, those with 10%+, etc.) can trade if reported to the SEC within 2 days. I think we'll see a rash of disclosures on Tuesday that all of the DJT insiders filed reports the day after the election seeking to sell a raft of shares.
Minor Addendum: DJT company's CEO will soon have the authority to appoint/fire SEC Chair and there is an acting Democratic member awaiting a vote. If not reappointed, the SEC Board will soon be 2 Republicans and 1 Democrat, with 3 votes needed to take action against things like insider trading.
There was a large number 160 call options that went at the bid a few days ago when the stock was in the teens. Dealers hedging might have led to the recent rise, allowing Trump to sell some.
s/b "
ask"
Profit taking is what's going on.
Well I’m not an investor, but if I imagine myself in their place here’s what comes to mind. Bear with me: it’s counterintuitive. The election results are bad news for Trump. If he had stayed a normal citizen, he could’ve gone on delaying his trials and his sentencing indefinitely. He might have finally wound up on probation for something. But the public attention would’ve moved on. And that’s good news for a criminal. They should want less attention. But Trump is obviously unwell, and seemingly feels compelled to keep himself in the limelight. And as a reelected President, he will once again be under more intense scrutiny than anyone else on the planet.
Of course he’ll enjoy his moment as a reelected President (a victory which any Republican in his place likely would’ve won). And naturally he’ll make all kinds of boasts about everything he’s going to do (almost all of which will never happen). But in truth, he’s already a lame duck. Biden’s accomplishment of beating him in 2020 remains huge. Now Trump’s limited to one term. And no, he won’t be amending the constitution or shutting the free press or any of that hyperbolic stuff. Mainly he’ll just be on the receiving end of a tsunami of negative scrutiny and nose-diving approval numbers. So, if I were an investor, I’d be getting out too.
The stock is worthless, but it was a way for the suckers to "vote". Now that the election is over, it's just worthless.
This. Why is it worth any more with Trump as president? Will the company somehow find a way to make money? There's already a rightwing Twitter. It's called "X" and it used to be called Twitter. There is no place for Truth Social in the world and no way it could ever make a cent.
I don't get how investing in Trump's stock is a good way to bribe him. He gets nothing out of it till he sells and once he starts selling the jig is up. There are better ways to funnel him money. After January 20th he can literally commit any crime he wants. The Supreme Court has said he is immune. China could simply hand him a check for a billion dollars. What are you gonna do about it? That's what I thought.
I'm sure it's a good way to funnel money to Trump and influence him by buying ads at wildly inflated prices.
My guess: the stock was artificially propped up by either state actors or big money supporters who didn't want him to face the embarassment of it tanking prior to the election. Pressure's off, so pull some money back. It can always be added back in later when you want to bribe Trump without actually appearing to bribe him.
This is non-Trump insiders dumping their shares into the strongest market they're likely to see. Volume is more than double normal. Result is a 22% drop and another 4% after hours.
This means Trump can't sell out on the open market. He'd have to do the thing that tanked the market 22%, but three separate times.
At some point Trump will cash out a large chunk of his position in a private placement at a discount to the market price. This will be a bribe. A billionaire will be paying Trump hundreds of millions of dollars for paper that Trump can't sell.
Even better, DJT shareholders will absolutely vote him a new slug of shares that makes up for the sale. So he can effectively sell the same shares multiple times to different billionaires.
The number of people with a hundred billion dollars, zero moral scruples and access to Donald Trump's private number is more than zero. It's at least three. Probably more these days. All of them have serious business with the US government.
Watch for a buyout. Probably through a non-transparent entity. Affinity Partners comes to mind, and it's pre-funded by the right people.
Seems pretty obvious that now he’s elected, he could sell at any point, so at least some people are getting out