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PeaceWave

(1,421 posts)
Tue Oct 1, 2024, 01:01 PM Oct 2024

This message was self-deleted by its author

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.

17 replies = new reply since forum marked as read
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FlyingPiggy

(3,739 posts)
1. Russia? The Saudis? Take your pick. This is the new way to funnel money.
Tue Oct 1, 2024, 01:03 PM
Oct 2024

LiberalArkie

(17,991 posts)
2. And the American oligarchs
Tue Oct 1, 2024, 01:09 PM
Oct 2024

FlyingPiggy

(3,739 posts)
12. Yes! Absolutely!
Tue Oct 1, 2024, 01:33 PM
Oct 2024

wnylib

(25,238 posts)
13. And likely the whole purpose for Trump to have this company in the first place.
Tue Oct 1, 2024, 01:37 PM
Oct 2024

Festivito

(13,694 posts)
14. It's a bribe. If D loses he has reason to cash out. If he wins, they price goes up with bribes. eom
Tue Oct 1, 2024, 03:41 PM
Oct 2024

Redleg

(6,465 posts)
3. Probably because it was cheap
Tue Oct 1, 2024, 01:11 PM
Oct 2024

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)

Redleg

(6,465 posts)
15. Overpriced but losing value since the IPO
Tue Oct 1, 2024, 04:06 PM
Oct 2024

nt

JohnSJ

(98,477 posts)
5. It could be shorts covering.
Tue Oct 1, 2024, 01:14 PM
Oct 2024

ProfessorGAC

(72,385 posts)
16. Not Sure There Were Many Shorts
Tue Oct 1, 2024, 04:11 PM
Oct 2024

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)
6. Probably people who don't want their identities known as donors to his campaign
Tue Oct 1, 2024, 01:16 PM
Oct 2024

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)
7. It could simply be a rebound from an oversold condition...
Tue Oct 1, 2024, 01:19 PM
Oct 2024

...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)
8. this has been answered 100x no need to watch a video
Tue Oct 1, 2024, 01:20 PM
Oct 2024

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)
9. Private Saudi fund (Jared Kushner)?
Tue Oct 1, 2024, 01:23 PM
Oct 2024

WarGamer

(16,990 posts)
10. possibly the Saudi Sovereign Wealth Fund
Tue Oct 1, 2024, 01:25 PM
Oct 2024

But no JK's firm.

usaf-vet

(7,463 posts)
11. This years range for "DJT".
Tue Oct 1, 2024, 01:32 PM
Oct 2024

Current: 16.41 @12:31 CST

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

2naSalit

(96,499 posts)
17. Tha ratfucker or...
Tue Oct 1, 2024, 04:34 PM
Oct 2024

One of his friends.

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