Lions and Friends...This Should Tell You Something. The Message Is Clear.
From Greg M
Lions and friends…
Reuters and other financial networks are reporting that Trump Media Company, ticker DJT, said that it could sell millions of shares in coming months, including the former president's entire stake. And this is why the stock dropped over 18% on the day.
DJT social-media company insiders have been “locked out” from selling company shares. Now they have filed for the sale of a large amount of shares, including Donald Trump.
The company’s DJT S-1 filing with the U.S. Securities and Exchange Commission includes the potential sale of up to 114,750,000 shares held by the former president.
Many people who invested in this company, some thinking that by investing in the company they would help Trump win the election, have gotten decimated. AND, some private investors who were able to get in and out of the stock rapidly, (likely professionals) on the initial offering, have made a killing.
I would not be surprised to see a class action lawsuit develop moving forward.
GM
This is exactly what DJT has done ALL HIS LIFE starting with the million his daddy gave him. Screw people left and right.
It's just business as usual in the corrupt financial system of America today.
I don't own any shares, l don't trade, l don't invest in any bank products.
Just .999 silver that l add to whenever l can afford it.
I don't care if the manipulated market or Ponzi coin goes to zero.
I hold something of value in my hands that nobody can take from me.