General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsSELL! SELL! SELL!
Trump Media co-founders unload nearly all their DJT stock worth $100 millionAccording to a regulatory filing, United Atlantic Ventures has disposed of nearly all its 5.5 percent stake in Trump Media traded under the ticker DJT which owns Donald Trumps Truth Social platform.
United Atlantic Ventures is an investment firm owned by Andrew Litinsky and Wesley Moss, who were also former contestants on series two of The Apprentice.
The duo sold most of their stake in the company after a lockup agreement that stopped large investors, including the former president, from selling any shares ended on September 19...
It's been eight days. What took them so long?
https://www.msn.com/en-us/money/savingandinvesting/trump-media-co-founders-unload-nearly-all-their-djt-stock-worth-100-million/ar-AA1rkkh0?ocid=anaheim-ntp-feeds&pc=HCTS&cvid=4fb586399e834149a1a87271d19e442e&ei=25
WarGamer
(18,863 posts)It's back up to 15-ish now
Tribetime
(7,145 posts)WarGamer
(18,863 posts)Then buyers step in when they feel they can make a profit.
This company is worthless UNLESS Trump wins... then it will soar to 100+ per share as it's just a slush fund for Trump.
Valuation means nothing. It's a meme stock.
keithbvadu2
(40,915 posts)T-r-u-s-t me.
Liberals, stand by and stand back.
fierywoman
(8,632 posts)keithbvadu2
(40,915 posts)Donald Trumps Crypto Project Details: When, How, And Where To Buy
Dave Birnbaum
Contributor
https://www.forbes.com/sites/davidbirnbaum/2024/09/16/donald-trumps-crypto-project-details-when-how-and-where-to-buy/
Johonny
(26,623 posts)It is essentially worthless long term.
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