No. of Recommendations: 6
djt stock shares have dropped roughly $2/week in an amazingly steady manner since May 2024, despite no news or bad news.
(both for which we seem to get a new thread here)
however, the approaching unlock of restricted shares deadline is expected to disrupt this stability.
it is known that even w/out trump himself selling a single share, rapid dumping by any other insider could tank the stock to near zero in 'no bid' scenarios. trying to prevent this, trump failed in his lawsuit to freeze the unlock of other some insiders, to the tune of ~18M more shares.
on the quasi-legal front, it is suspected that trump has put in a 10b5-1 scheduled sales with a broker.
this, at least initially, shields him from revealing he is dumping shares.
there are a number of rules under which 10b5-1 must be described AND executed which are not working in trump's favor if this is an exit attempt. unless done at very small scale, one must expect trump will run the risk of being caught and litigating any violations.
on the blatantly illegal front, and even in violation of TMTG's own rules, it seems the only viable exit as majority holder is a secret block sale to some patron at a fixed price. it will be fascinating to see if team trump tries something less obvious.
the easiest legal exit would benefit all shareholders and not just trump, which is a public buyout of the entire company. can not rule this out entirely, since trump never put in a dime. despite how unlikely it seems, the price is quite small for either billionaire patrons or foreign authoritarian regimes. given TS will never have an audience, there is no risk of affecting market share.
finally, even w/out share shenanigans, djt now has ~$300M in cash which can be looted prior to declaring bankruptcy. this is the same plan as trump casinos, the original djt ticker.
