I looked it up the other day. The float that’s currently available to trade is 6.32m shares. The total shares are 138.81m shares. And that’s not even counting all the warrants outstanding (DJTWW). As I understand it, those are like options issued by the company, but when they are exercised they dilute the stock even further instead of entitling you to buy existing shares.
Right now it’s just about 4.6% of the shares being traded by idiots who think Trump will make them rich and people taking advantage of those idiots. As soon as all those restricted shares hit the market, they’ll be worthless. And I’m not just talking about Trump’s shares, there are a lot of other insiders with restricted shares.
It’ll be interesting though. It’s kind of like a prisoners dilemma. If they all just hold and trickle out their shares over a long period of time, they could fleece a shit-ton of money from MAGAts. But they all know if any one of them dumps, the stock will tank and maybe even the idiots that buy trump bucks can’t bring it back up.
What do you think the chances are that they’ll all rush to be the first ones out because they think at least one other person will do the same causing it to go to pennies?
Disclaimer: zero money in this market. Dump and run. I don’t trust other people to play ball. The ship is gonna sink, get out while it keeps you in the green, reinvest in something more stable. I wouldn’t feel the least bit bad for triggering the crash.
I looked it up the other day. The float that’s currently available to trade is 6.32m shares. The total shares are 138.81m shares. And that’s not even counting all the warrants outstanding (DJTWW). As I understand it, those are like options issued by the company, but when they are exercised they dilute the stock even further instead of entitling you to buy existing shares.
Right now it’s just about 4.6% of the shares being traded by idiots who think Trump will make them rich and people taking advantage of those idiots. As soon as all those restricted shares hit the market, they’ll be worthless. And I’m not just talking about Trump’s shares, there are a lot of other insiders with restricted shares.
It’ll be interesting though. It’s kind of like a prisoners dilemma. If they all just hold and trickle out their shares over a long period of time, they could fleece a shit-ton of money from MAGAts. But they all know if any one of them dumps, the stock will tank and maybe even the idiots that buy trump bucks can’t bring it back up.
What do you think the chances are that they’ll all rush to be the first ones out because they think at least one other person will do the same causing it to go to pennies?
Disclaimer: zero money in this market. Dump and run. I don’t trust other people to play ball. The ship is gonna sink, get out while it keeps you in the green, reinvest in something more stable. I wouldn’t feel the least bit bad for triggering the crash.