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This message was self-deleted by its author (PeaceWave) on Sat Feb 22, 2025, 02:55 PM. When the original post in a discussion thread is self-deleted, the entire discussion thread is automatically locked so new replies cannot be posted.

FlyingPiggy
(3,739 posts)LiberalArkie
(17,991 posts)FlyingPiggy
(3,739 posts)wnylib
(25,238 posts)Festivito
(13,694 posts)Redleg
(6,465 posts)They are betting on it going up. Who bought it? I have no idea. I think you would need your head examined.
Response to Redleg (Reply #3)
PeaceWave This message was self-deleted by its author.
Redleg
(6,465 posts)nt
JohnSJ
(98,477 posts)ProfessorGAC
(72,385 posts)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
(57,797 posts)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
(8,003 posts)...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
(16,990 posts)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
(10,297 posts)WarGamer
(16,990 posts)But no JK's firm.
usaf-vet
(7,463 posts)Current: 16.41 @12:31 CST
Low 11.75 High 79.38
09/24/2024 03/26/2024
2naSalit
(96,499 posts)One of his friends.