Trump's DJT stock is up yet again...6 days in a row now...Who is buying it?

[PeaceWave]

Every single day since Trump's lock up period ended on 9/20, the stock price for DJT has been up, with volume each day at least double its average.

https://finance.yahoo.com/quote/DJT/history/

Someone is gobbling up these shares. Putin? MBS? Elon Musk? Delusional MAGAts? Whatever the case, this is not going according to plan. Most analysts expected the stock price to continue tanking as Trump and other insiders sold off their shares. But, that is not what is happening. So, what do we know? We know from a 9/26 SEC filing that United Atlantic Ventures LLC , the second largest shareholder in DJT sold off their 7.525 million shares right after their own 9/20 lock up period ended.

https://s3.amazonaws.com/sec.irpass.cc/2660/0001493152-24-038295.htm

This represented 4% of DJT stock, unceremoniously dumped by the co-founders of the company. Despite this fact, the stock continued to climb. We also know that Trump is the biggest single shareholder, with 114.75 million shares. At current price, this equates to $1.876 billion dollars worth of stock. Trump has publicly stated that he "has no intention of selling." But, we already know Trump's words to be worthless. Almost 160 million shares of DJT (which equates to approximately the total number of shares in the company) have traded since 9/20. That kind of heavy volume strongly suggests that Trump has been liquidating shares, more than likely using a surreptitious arrangement that would permit him to circumvent SEC reporting requirements.

The point of all of this is for folks to wake up. The biggest financial scam Trump has ever pulled off is likely happening right before our eyes. Through DJT, Trump and his campaign to bring down democracy in the U.S. are being financially propped up by someone. Follow the money people.

[FlyingPiggy]

1. Russia? The Saudis? Take your pick. This is the new way to funnel money.

[LiberalArkie]

2. And the American oligarchs

[FlyingPiggy]

12. Yes! Absolutely!

[wnylib]

13. And likely the whole purpose for Trump to have this company in the first place.

[Festivito]

14. It's a bribe. If D loses he has reason to cash out. If he wins, they price goes up with bribes. eom

[Redleg]

3. Probably because it was cheap

They are betting on it going up. Who bought it? I have no idea. I think you would need your head examined.

[PeaceWave]

4. Baloney. DJT is not cheap. If anything, it is grossly overpriced.

[Redleg]

15. Overpriced but losing value since the IPO

nt

[JohnSJ]

5. It could be shorts covering.

[ProfessorGAC]

16. Not Sure There Were Many Shorts

The available volume of shares to borrow was very low & there was a highly punitive fee for the borrowing where available.
That was all part of the original IPO deal.
The fees made it a VERY high risk to short as such a move required a more than 100% return on price to breakeven.
If it weren't for those extreme restrictions, I'd agree with you completely.

[DFW]

6. Probably people who don't want their identities known as donors to his campaign

And who don't want to be identified as giving over any legal limit.

This way, Trump can cash out his own shares at a higher price than they have been worth recently, and if the price crashes afterward, once the artificial "demand" evaporates, the "donor/buyers" won't care since they weren't expecting to see the money again anyway. Added bonus--they can use the loss, if they sell at less than they paid, to offset gains (and thus taxes thereupon) that they made in legitimate stock transactions.

[orwell]

7. It could simply be a rebound from an oversold condition...

...once the market was informed that Atlantic Ventures had sold their entire stake. Even though he is a pathological liar, his statement that he was holding on to his shares would alleviate psychological selling pressure.

It would be difficult for the major shareholder (dRumpty Dumpty) to sell his shares without reporting it. He could possibly execute some exotic options strategies to sell the shares without selling the shares but even that would show up with the kind of size he would have to use.

Of course it is possible that those trying to curry favor with the Orange Julius Caesar could prop up the stock, but at some point they would have to report any major stake in the company. That would show up in the quarterly reports of changes in ownership.

The bottom line is the company performance warrants a sub $5 share price, and that is being generous. Eventually the market is a weighing machine.

[WarGamer]

8. this has been answered 100x no need to watch a video

Trump has a 50/50 chance of winning and DJT stock holders will be the preferred class in international diplomatic circles.

Want favors? Better be an investor...

Trump loses... and it's worthless.

[NCjack]

9. Private Saudi fund (Jared Kushner)?

[WarGamer]

10. possibly the Saudi Sovereign Wealth Fund

But no JK's firm.

[usaf-vet]

11. This years range for "DJT".

Current: 16.41 @12:31 CST

Low 11.75 High 79.38
09/24/2024 03/26/2024

[2naSalit]

17. Tha ratfucker or...

One of his friends.