Truth Social going public net Trump estimated 2 to 4 BILLION

[HarleyDog]

(03-26-2024, 11:59 AM)Belsnickel Wrote: If he pulls out of the company by selling his shares then the company loses the only thing it has going for it since, you know, it loses money.

Not necessarily. Jim Cramer said this morning that if he were Trump, he would ask the board for permission to sell some shares. Plus, it frees up shares for investors. Company executives sell stocks every day. Investors know people sell stocks to buy a house, pay for kids college, buy a boat, etc. Its when many executives sell off with no news is when they get spooked. As for DJT's case, if he were to sell some stock, the whole world would know why he was doing it, therefore, no panic. 

https://www.cnbc.com/2024/03/26/jim-cramer-donald-trump-should-ask-trump-media-board-to-waive-lockup.html