Chapter 11 is Donny’s favorite number:
Taj Mahal, Trump University/Castle/Shuttle/Steaks/Vodka/Ice/Magazine, and now Trump Media.
He’s just gonna dump the stock and make out like bank leaving the rest to flounder.
I think there’s a lock out period for him following the merger but I don’t know for how long. There’s still time for the stock (DJT) to plummet, with any luck.
6 months. From April I think, so that would mean he can sell in October.
The share price is absurd. Idiots buying because they want to support trump somehow. The shares are worthless but hapless idiots will pay stupid prices for them.
He will start selling as soon as he can. I expect there will be a steady downward trajectory but who knows how fast and how low.
I bet that he blames “market manipulation” or something to his followers when he sells.
You mean advertisers aren’t climbing all over themselves to buy spots on it? Maybe the new streaming service will save the day.
/s
He could try suing companies for not running ads. It seems to be working for Elon.
I’d heard that he was going to do that, but is he and it’s working!?
Depends on how you define “working”.
He managed to kill a non-profit that advised not advertising on Xitter because it’s a racist shithole. I don’t think it’s gonna bring back any advertisers, but with the help of a pet Texas judge he’s SLAPP suing his detractors out of existence.
One could argue that the non profit has largely done its job at this point so it’s only a symbolic victory.
