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paf0@lemmy.world to politics @lemmy.world · 9 months ago

Trump Media shares soar 25% as ex-president says 'I'm not selling'

www.cnbc.com

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Trump Media shares soar 25% as ex-president says 'I'm not selling'

www.cnbc.com

paf0@lemmy.world to politics @lemmy.world · 9 months ago
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DJT shares soar as Trump says 'I'm not selling' stake
www.cnbc.com
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Donald Trump, the majority owner of Trump Media stock, is eligible to sell his DJT shares later this month.
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  • paf0@lemmy.worldOP
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    9 months ago

    Translation: he is selling.

    • SolidGrue@lemmy.world
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      9 months ago

      deleted by creator

      • Big_Boss_77@lemmynsfw.com
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        9 months ago

        This is an article about his stocks… not his date plans with Lauren Loomer…or wtf ever her name is.

        • SolidGrue@lemmy.world
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          9 months ago

          deleted by creator

    • RizzRustbolt@lemmy.world
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      9 months ago

      Either way, it’s a clear case of stock manipulation.

      • meco03211@lemmy.world
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        9 months ago

        Add it to the pile.

    • givesomefucks@lemmy.world
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      9 months ago

      Nah. He legally can’t sell till a certain date, which I’m almost positive is after the election.

      He isn’t selling, but if he could he would have a long time ago

      Hes just trying to pump it till he can sell.

      • Goose@lemmy.world
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        9 months ago

        I heard starting 9/19 hes allowed to sell. so, yeah, hes selling

        • givesomefucks@lemmy.world
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          9 months ago

          On 9/19 if that’s when he can, till then he’s hoping the price

      • futatorius@lemm.ee
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        9 months ago

        That certain date is this coming Thursday.

  • Nightwingdragon@lemmy.world
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    9 months ago

    A week from now: “Trump sells entire stake in Trump Media.”

  • Alexstarfire@lemmy.world
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    9 months ago

    It’s already lost half the increase. So, only up like ~12% now.

  • Weirdmusic@lemmy.world
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    9 months ago

    When they say: “soar” they mean the price went from an all time low of $16 up to $18. Less like soaring and more like a dead cat bounce. Mmmmm… dead cat 😺

  • theprogressivist @lemmy.world
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    9 months ago

    Jesus, people are fucking stupid.

  • ryper@lemmy.ca
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    9 months ago

    The article ignores the big drop after Tuesday’s debate; the share price “soared” to less than it closed at before the debate.

  • vegeta@lemmy.world
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    9 months ago

    Easy to hold when you didn’t put up any money in the first place. Or, maybe he had someone buy a ton of call options before. As expensive as the puts were the last time I checked, They were likely pretty cheap.

  • futatorius@lemm.ee
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    9 months ago

    Why would anyone believe him?

    • DragonTypeWyvern@midwest.social
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      9 months ago

      Because 30% of people will believe damn near anything, and it’s not always the same 30%

  • MegaUltraChicken@lemmy.world
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    9 months ago

    Dipshit continues to fuck up his own money laundering operation, more at 12.

  • Steal Wool@lemm.ee
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    9 months ago

    Soaring like a turkey lmao

  • Ensign_Crab@lemmy.world
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    9 months ago

    So he’s already sold, then?

  • Media Bias Fact Checker@lemmy.worldB
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    9 months ago
    CNBC - News Source Context (Click to view Full Report)

    Information for CNBC:

    MBFC: Left-Center - Credibility: High - Factual Reporting: Mostly Factual - United States of America
    Wikipedia about this source

    Search topics on Ground.News

    https://www.cnbc.com/2024/09/13/trump-media-djt-not-selling-stock-pops.html

    Media Bias Fact Check | bot support

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