Trump owns nearly 59% of Trump Media’s stock. Even after losing much of its value, Trump’s stake at Wednesday’s stock price is still worth more than $2.2 billion — more than half of his on-paper net worth, according to Forbes.
Yea, I call bullshit on that.
If he tries to sell any substantial portion of his holding, the price will crater.
Thats the best part! He can take out loans against that as collateral. Then when he inevitabley defaults and the banks finally acknowledge the collateral is worthless, we bail out the banks! Capitalism!
But it won't matter because he'll have already sold. Well, it won't matter to him.
He can’t just sell 2bn at once. They’re saying as he sold the price would naturally crater even without news getting involved.
Since the stock price is based on fee-fees, grift, bribery, and money laundering - there is absolutely no reason to think this is true.
Key word: on paper. No one besides Saudis and Putin will pay anywhere close to that amount
Well his worth changes every day, just on how he feels alone!
Yea, I call bullshit on that.
If he tries to sell any substantial portion of his holding, the price will crater.
Thats the best part! He can take out loans against that as collateral. Then when he inevitabley defaults and the banks finally acknowledge the collateral is worthless, we bail out the banks! Capitalism!
But it won't matter because he'll have already sold. Well, it won't matter to him.
He can’t just sell 2bn at once. They’re saying as he sold the price would naturally crater even without news getting involved.
Since the stock price is based on fee-fees, grift, bribery, and money laundering - there is absolutely no reason to think this is true.
Key word: on paper. No one besides Saudis and Putin will pay anywhere close to that amount
Well his worth changes every day, just on how he feels alone!