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The week's question
In December 2024, in the thread "Re: BRK: Why Not XOM?", BreckHutHigh asked the members: "What about the long road trips with kids?" This week it is put to everyone again. The button below opens the small thread re-asking it - read what others have said so far, then give your own answer as an ordinary reply.
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Author: albaby1 SILVER
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Number: of 84361 
Subject: Re: DJT up over 3 points on over 2 million
Date: 10/11/24 2:15 PM
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albaby, trump represented that he wouldn't be selling any shares this year. BUT, he never said he wouldn't be, borrowing against his shares. There are creative ways to sell, without actually outright selling the shares.

Sure - but again, going out and buying shares on the open market creates only a temporary change in the share price. The "pump" doesn't last very long, before the price just reverts to whatever the rest of the market is doing. Which is why pump and dump schemes rely on thinly traded securities, visible efforts to get other people to join in, and "dumping" within a short time after the pump starts.

So me going out and buying $100 million worth of DJT is going to have virtually no impact on Trump's personal finances in any time frame other than a few weeks, which makes it impossible for him to realize any value from it unless he happens to sell during that short window. Borrowing against the shares wouldn't do that, since any lender is going to do a look-back of more than a few weeks.
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This community has written 84,309 posts about US Policy. The article-length ones it recommended most:
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