“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.
Trump Media in a filing in that same lawsuit on Monday sought an "emergency" court hearing.”
https://www.cnbc.com/amp/2024/09/17/djt-trump-media-stock-lawsuit-lockup.html
Posted by BandicootBeginning85
36 Comments
About to crater? If it craters any harder it will be delisted by January. Which would be what should happen honestly, what a trash memestock ticker.
No one is as good at losing money as DJT.
Insiders may try to run it up before they hit the eject button
Puts will print accordingly 🖨️💵💵💵💵💵💵💵💵💵💵💵💵💵💵💵💵💵💵💵💵💵💵💵💵💵💵💵💵💵💵💵💵💵💵💵💵💵💵💵💵🙈
It’s going to be hilarious if the $7.5 Jan 25 put I bought back in March prints, only down 20% right now
bu bu but he said he wont sell…
He said he wasn’t selling tho!!!
I read somewhere that if he had just invested his inheritance into relatively safe, long term investments he’d be worth way more than he is now.
couldn’t happen to a more bitter less business savy rapist felon. good for him.
He won’t sell but everyone else will lmao
I’ve made a bet like this on another stock. It fucking mooned after the lockout period ended
Waiting for those $5 January puts I bought a few months ago to hit ITM lmao
Careful with this one. He’s probably stupid enough to sell. But if he has the smallest bit of self-restraint and holds off while everyone expects him to sell, then not selling will actually cause it to moon. I’m just going to grab some popcorn and expect loss porn either way.
Following typical inverse WSB post rules this means it’s time up on cheap long OTM calls tomorrow
Edit:
Goddamn nevermind. Jan 16 26 $100 strike closed at $2.70 today… Are people out of their fucking minds?
Anyone else see that huge spike over $20 a few hours before the second “assassination attempt”?
That’s weird.
It’s worth $0 and they want to sue to stop it getting shorted into oblivion lol.
So do the 20 sept puts benefit from this? Time to cash after this move?
Or… a bunch of super rich people and foreign governments will pump the price so he can sell high and fund his campaign and lawyers. Easy peasy donation that doesn’t have to be reported to the FEC.
Who is going to buy that many shares of a worthless stock?
Foreign investors who want access to a potential sitting president, that’s who.
https://preview.redd.it/z5i4fw24bgpd1.png?width=594&format=png&auto=webp&s=f701afcef43059d7dd12761789034f9633ef5e54
The The g
Just look at the premium on those puts and you know where this is going.
What no, last week he said he was not going to sell /S
Thoughts & Prayers
People have made more in puts than the company has made in revenue. 😂
Made $5 on a 14P today. Felt good to make some money in this rigged casino for once.
Another 45 venture worthless. Puts puts.
😱no way
Nano Dimension 🚀💹
“I have a concept of a lawsuit”
They have never made any money…how do they even find this thing? It is cratering harder than Twitter, 😂.
Buy the dip losers
I thought that last week he publicly declared that he was not going to sell his shares.
Bullish
When does the lock ip lift?
He’ll sell and pour this into that crypto company he and his sons just opened. Hope it craters!