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