• paf0@lemmy.worldOP
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    2 months ago

    I bet Trump sold. He said he wouldn’t, so he probably did.

    • AbidanYre@lemmy.world
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      2 months ago

      84 million shares had traded hands by 3:18 p.m. — multiple times the company’s 30-day average trading volume

      Sure looks like it.

    • Zachariah@lemmy.world
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      2 months ago

      Trump … said he wouldn’t, so he probably did.

      You could post this comment all day long, every day.

    • givesomefucks@lemmy.world
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      2 months ago

      Nah, as much as he has it would have cratered the price, especially because everyone around him would dump immediately.

      This is just someone trying to beat it, and trump is likely furious.

      If he was cashing out, and he’d have pulled everything at once.

    • iAmTheTot@sh.itjust.works
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      2 months ago

      I remember reading there was a period of time where he was legally not allowed to sell his shares. Has that time elapsed?

      • mosiacmango@lemm.ee
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        2 months ago

        Yes. That was mid september. The actual “founders” sold within days, but this transaction is about a month later.

    • GroundedGator@lemmy.world
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      2 months ago

      He is an officer of the company and the majority stakeholder. He’s legally required to file with the SEC. If that has happened it would be huge news on every outlet.