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15 Comments
In a Florida lawsuit, Trump Media has warned that ARC and another investment vehicle, United Atlantic Ventures, are planning an “imminent sale” of more than 18 million DJT shares once the lock-up lifts.
He just can’t stop losing in court.
> Trump Media breached an agreement with one of the investors that helped the company go public, and must grant the investor a larger share of its stock, a judge ruled.
And the timing couldn’t be better.
> The order in Delaware Chancery Court on Monday came **just three days before the investor, ARC Global, and other insiders — including majority-owner Donald Trump — will be free to start selling their shares** in the company behind Truth Social.
Womp womp
It’s crazy that in his worshippers’ minds, being a great business mind = being a fraudulent shitlord assfuck scumbag
To crater? If it falls further, it will be delisted by January. Which should happen, what a garbage memestock ticker.
See that’s who should run our country. Not a peddling trans-policy flip flopper
This mf can’t even cheat the stock market right.
It warms my heart and brings me great joy to see MAGA trash lose their money.
Can someone explain this whole situation with the stocks and the media company to me because I don’t get this whole thing
You love to see it🤭
THe grift continues
What?? You’re saying that Trump is a lying scumbag??? Say it aint so!
I’m wondering why the SEC isn’t looking into people who made large purchases of the stock.
We need it to go below $12, for just a moment, before the 20th. If so, then he can’t sell for another 5 days. By that time, after Nunes et al dump theirs, Trump’s shares will be next to worthless. He might net $200 million, well below the debts and loan amounts he has coming due.
And no consequences ever
What can ordinary people do to tank that stock?