How Can Truth Social be worth $6 Billion? {Trump Media & Technology (DJT)}

Agreed. Today’s NYT offers 2 other viable routes for bad actors who agree to publicly send funds to Trump:

Mr. Trump has some options. Selling shares to a single buyer, in a deal that’s announced after it’s completed, might limit the damage. He could also use the shares as collateral for a loan. Though he wouldn’t be selling, that could still pressure the stock.

So a Saudi or Russian cutout could buy a block of DJT from Trump. Or they could loan Trump money, using DJT as collateral. The 2nd seems problematic though: sweetheart loans are subject to regulation from various angles.

There aren’t enough rubes to absorb 9 figure sales. But there may be a sufficient number of bad actors. Trump could also sell them options I suppose - that’s probably the best way. You can design derivatives to mimic the underlying security itself, and bamboozling the faithful requires few mirrors and little smoke.

OBTW: Other DJT investors are poised to sell on the same date. I forecast a pre-election bloodbath - even money confident.

Gifted article
https://www.nytimes.com/2024/09/09/business/trump-media-stock-lockup-agreement.html?unlocked_article_code=1.JU4.hUdc.8ZeEG8rw72M6&smid=url-share