Trump's Big Decision:
Will He Sell His Shares in Truth Social?
🚨 Major News! 🚨
Former President Donald Trump, the dominant shareholder of Truth Social, could soon have the freedom to sell his shares. The restrictions preventing him from selling those shares in Trump Media & Technology Group are set to expire as early as Thursday afternoon.
💡 What's Happening?
Trump's stake in the company has seen a dramatic decline, plummeting over $4 billion in the past four months. His stake valued at $6.2 billion just four months ago, now stands at $1.8 billion.The expiration of the lock-up restrictions means Trump and other insiders can now decide to sell shares if they wish.
💹 Stock Market Impact:
Trump Media's share price has been volatile, dropping significantly since going public but spiking briefly after Trump declared, "No, I'm not selling. No, I love it," causing temporary excitement among investors.
🗨️ Expert Opinions:
Financial experts suggest Trump won't flood the market with shares, as it could crash the price. Michael Stegemoller, finance professor at Baylor University, notes, "It would not go well for the share price - or him."
🔍 Company Ties:
Trump Media's identity is heavily tied to Trump himself. The stock even bears his initials (DJT), and he is its most prominent user.Xavier Kowalski, an expert in finance, highlights that any significant moves by Trump will require public disclosure.
📆 What's Next?
The exact timing of the lock-up expiration involves some ambiguity, but it will certainly end by September 25.• Other insiders, including co-founders Andy Litinsky and Wes Moss, could also decide to sell their shares.
💲Potential Moves:
Trump might consider using his shares as collateral for a loan rather than selling them outright.Any pledge as collateral would need to be disclosed, ensuring transparency with regulators.Stay tuned for more updates as this story develops. Will Trump sell, or will he hold on to his stake in Trump Media? 🤔
