Trump announces new social media network called 'TRUTH Social'
- Thread starter ipatent
- Start date
Mkt is not going to let him out of the position... no bank is going to OTC this shit at a price he will accept. He knows he's going to lose so he cannot be the bagholder. I love it so.
As long as it is above $12.00 on September 20th then he can cash out
Trump will be sentenced on September 18th. This stock could hold at whatever price on that day or plunge below $12 dollars.
If it drops below $12 dollars...Trump becomes a loser again because he can not unload the stock until September 20th.
It would explain why he's so desperate to delay his sentencing date because millions or over a billion dollars is on the line if the sentence is a negative for him on September 18th and then he'll be frantic to unload the stock because he then needs to appeal whatever sentence...immediately.
Trump should have taken a plea deal a long time ago. He could have avoided this looming disaster especially if Trump loses the November 2024 election...he will not be able to Pardon himself.
Trump is fucked
wrbtrader
No way he's sentenced Sep 18.
You think Trump will be able to get the Sentencing date postponed???
I thought the delay request was recently turned down.
https://www.newsweek.com/donald-trump-hush-money-federal-court-failed-sentencing-1947590
"Not only is it a little bit late for that, Trump's lawyer embarrassingly failed to jump through the procedural hoops necessary to have the court hear it."
"The Judge rejected Trump's request without issuing a formal order. The court's clerk noted on the docket that Trump had incorrectly filed under the 'wrong event type' and without an 'order granting permission to file the pleading' or an order granting 'leave' by the state court."
Vance added that Trump's lawyer still has the opportunity to try and file the motion properly, meaning they will need permission to file at this late date.
"The Judge rejected Trump's request without issuing a formal order. The court's clerk noted on the docket that Trump had incorrectly filed under the 'wrong event type' and without an 'order granting permission to file the pleading' or an order granting 'leave' by the state court."
Vance added that Trump's lawyer still has the opportunity to try and file the motion properly, meaning they will need permission to file at this late date.
The question now...does Trump have time to re-file the delay request before September 18th ???
wrbtrader
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he has more than 100 million shares, right?
how (or how fast) does he think he can sell them?
Not fast enough because the Hush Money sentencing date of the 18th is before the 20th when he can sell any of his shares.
After the business/education fraud he pulled with the Trump University and other lost court litigation...it's obvious that Trump is using the DJT stock to recoup a lot of his losses and he needs to get this sentencing date and the remainder of criminal trials delayed after the November 2024 election so that Trump can erase them out of the legal system if he were to win in November.
wrbtrader
Not fast enough because the Hush Money sentencing date of the 18th is before the 20th when he can sell any of his shares.
After the business/education fraud he pulled with the Trump University and other lost court litigation...it's obvious that Trump is using the DJT stock to recoup a lot of his losses and he needs to get this sentencing date and the remainder of criminal trials delayed after the November 2024 election so that Trump can erase them out of the legal system if he were to win in November.
wrbtrader
https://www.barchart.com/stocks/quotes/DJT/interactive-chart
has a volume of about 5 million per day