• SelfProgrammed@lemmy.world
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    2 months ago

    Trump and other company insiders were bound by lockup agreements that barred them from selling their shares in the initial months after Trump Media went public.

    Those restrictions expired at the closing bell Thursday.

    I bet he won’t sell on Friday, which will lead to people having faith that Trump will stand by his word for once, the stock will go up a little, Monday he sells it all.

    • nilloc@discuss.tchncs.de
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      2 months ago

      He’ll get screwed by the SEC if he sells after saying he won’t. He’s gotta wait at least a few weeks now.

      His fellow shareholders don’t need to though, and I’m gonna laugh soooo hard if Trump ends up being the one left holding the bag.