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Old 03-28-2024, 09:40 PM
 
Location: Arizona
13,251 posts, read 7,300,036 times
Reputation: 10092

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Quote:
Originally Posted by Smash255 View Post
Technically I don't think he needs to wait the six months, but he would need specific approval to do so from the board of directors
According to this he has a 6 month lockup agreement.

 
Old 03-29-2024, 04:37 AM
 
6,350 posts, read 11,585,299 times
Reputation: 6312
Quote:
Originally Posted by 366h34d View Post
I guess you seldom follow tech stocks. Many tech companies made nothing and lost $ left and right, but their stock was worth billions.

It seems you did not know what happened to Twitter / Fox News when he was the POTUS.
You are likely too young to remember the tech bubble bursting around the year 2000.
 
Old 03-29-2024, 04:49 AM
 
Location: Central Massachusetts
6,594 posts, read 7,086,342 times
Reputation: 9332
To get any money from sales of his shares will come at a high cost. He cannot sell anything for 6 months. He could though put out a call bid and with that he can get someone to say buy shares for 1/4 per now and another 1/4 in 6 months. That would be for someone actually paying attention to cost per share. A nefarious person could just play the call button not caring about the money and only wanting a favor from the possible future president. Just follow the money.
 
Old 03-29-2024, 04:52 AM
 
Location: Phoenix
30,362 posts, read 19,143,696 times
Reputation: 26249
Quote:
Originally Posted by oldsoldier1976 View Post
To get any money from sales of his shares will come at a high cost. He cannot sell anything for 6 months. He could though put out a call bid and with that he can get someone to say buy shares for 1/4 per now and another 1/4 in 6 months. That would be for someone actually paying attention to cost per share. A nefarious person could just play the call button not caring about the money and only wanting a favor from the possible future president. Just follow the money.
Y'all have been downplaying Trump's wealth since 2015, why stop now?

"Broke Don" makes $5B the day the Democrats stole $345M from him = Karma.
 
Old 03-29-2024, 07:09 AM
 
766 posts, read 299,147 times
Reputation: 1108
Quote:
Originally Posted by 366h34d View Post
I guess you seldom follow tech stocks. Many tech companies made nothing and lost $ left and right, but their stock was worth billions.

It seems you did not know what happened to Twitter / Fox News when he was the POTUS.
I agree with this premise in general, but the problem with this take is Twitter/X already exists. Is there really a need for another similar product? As it currently stands it's not like X is making lots of money so why would TS? The other problem I see with TS is that it's user base is always going to be limited because of Trump and his abrasive style. I understand that you guys get giddy every time he owns the libs by saying outrageous stuff, but his brand is toxic to many Americans. How is he going to continue to grow the TS user base? Furthermore his lies are destroying potential advertisers. I am sure Mike Lindell would have loved to pay top dollar to advertise on TS, but it sounds like he is just about broke now.

Last edited by Millertime1; 03-29-2024 at 07:35 AM..
 
Old 03-30-2024, 07:20 AM
 
Location: Honolulu, HI
24,615 posts, read 9,446,498 times
Reputation: 22951
Quote:
Originally Posted by Axxlrod View Post
So much for the Dems saying Trump is not really a billionaire.
They also said he was going to declare bankruptcy.
 
Old 03-30-2024, 04:50 PM
 
766 posts, read 299,147 times
Reputation: 1108
Quote:
Originally Posted by Steve-C View Post
If Trump was not a candidate for the Presidency he wouldn't have these legal expenses so his campaign money is rightfully spent on them.
Of course if he just kept his pants on around women he wasn't married to he wouldn't have had to use campaign cash to buy their silence. Why is it never Trump's fault?
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