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

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

-28 points · 17 comments · view on lemmy.world

17 Comments

paf0@lemmy.world · 58 pts · 1y (9 replies)

Translation: he is selling.

solidgrue@lemmy.world · 15 pts · 1y (2 replies)
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Big_Boss_77@lemmynsfw.com · 2 pts · 1y (1 reply)

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

solidgrue@lemmy.world · 1 pts · 1y
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RizzRustbolt@lemmy.world · 9 pts · 1y (1 reply)

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

meco03211@lemmy.world · 5 pts · 1y

Add it to the pile.

givesomefucks@lemmy.world · 3 pts · 1y (3 replies)

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.

BlueHarvest@lemmy.world · 9 pts · 1y (1 reply)

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

givesomefucks@lemmy.world · 2 pts · 1y

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

futatorius@lemm.ee · 1 pts · 1y
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Nightwingdragon@lemmy.world · 15 pts · 1y
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Alexstarfire@lemmy.world · 10 pts · 1y

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

Weirdmusic@lemmy.world · 9 pts · 1y

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 · 9 pts · 1y

Jesus, people are fucking stupid.

ryper@lemmy.ca · 7 pts · 1y

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 · 6 pts · 1y

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 · 5 pts · 1y (1 reply)
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DragonTypeWyvern@midwest.social · 1 pts · 1y

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

MegaUltraChicken@lemmy.world · 3 pts · 1y

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

h3mlocke@lemm.ee · 1 pts · 1y

Soaring like a turkey lmao

Ensign_Crab@lemmy.world · 1 pts · 1y

So he's already sold, then?

MediaBiasFactChecker@lemmy.world · -4 pts · 1y

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