Wait, so if it is less than $12 before Sept 19, then he can’t sell?
The 6 month lockup period ends Sep 25 either way. It’s just that it could be a few days earlier as long as it keeps trading above $12.
Absent a shocking crash, the earlier date is still looking good for the eligibility to begin.
According to Fast Company…
A defeat for Trump would likely mean that his career in politics is over. If that’s the case, his followers could lose interest. A loss of interest in Trump could negatively affect the number of users of his Truth Social network, where he exclusively posts. Truth Social is owned by Trump Media & Technology Group Corp.
-snip-
Another possible reason for the fall is that, as Yahoo Finance notes, on September 19—in just eight days—Trump and other early investors in Trump Media will be allowed to start selling their DJT shares due to a lockout period expiring. Other investors may be concerned that any share sell-off on the 19th may send DJT shares even lower, and so they may be selling their shares off ahead of time.
Sounds a bit like rats…sinking ship…
More like rats leaving a stinking shit.
Remember that there are others subject to the same lockup dates as Donald Trump. They include Patrick Orlando, and former Apprentice contestants Andy Litinsky and Wes Moss: the latter 2 are embroiled in lawsuits with DJT.
Trump has been uncharacteristically quiet about DJT, further evidence that he does on occasion listen to his lawyers. In the IMHO thread I quoted the NYT:
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.
Others have noted that there’s limited incentive for foreign actors to send freebies Trump’s way: it’s not like Trump keeps his promises. Maybe a home-grown influence peddler might show interest, but there are only so many pillow salesmen in the country.
For Trump to use his shares as a loan collateral, he would have to find a lender who would accept that. That would be a yuuuge bet on the election.
Trump crossed his little fingers and swore he would not sell any shares of a company he loved so much. Shares rebounded 12%. Trump would never mislead or manipulate, so so think we can consider this the safest stock in the long history of speculation.
Or, as the NYT puts it:
Former President Donald J. Trump said on Friday he would not be selling any shares in his social media company when a measure that has prevented him from selling the stock lifts next week.
Mr. Trump’s comment prompted a surge in trading in shares of Trump Media & Technology Group, raising the stock price by nearly 12 percent. Mr. Trump’s remarks, at an afternoon news conference, ended weeks of speculation over whether he would try to cash in his 57 percent stake in the company, which owns his social media platform Truth Social.
“No, I am not selling,” Mr. Trump said. He said of Truth Social: “I love it. I use it as a method of getting out my word.”
It’s not just about the money. He will sell shortly after it reaches a relative high. Not at the exact moment he first can. He might wait a week? Until the election?
I think his widdle feelings were hurt when the stock tanked on opening the morning after the debate. He had to do or say something so the mean old Democrats would stop sniggering about his falling stock price. Also, he needs it to go up so he gets a better price when he secretly sells all of his shares to one foreign dictator or another.
Trump lies, so any statements he makes are noise. I expect other insiders to sell shares this month, though I could be wrong depending upon what the pre-announcement rules are. Nonetheless, I’ve been trying to work out ways Trump could cash out without selling shares outright (which he might do anyway). Last July, DJT entered into a Standby Equity Purchase Agreement with Yorkville Advisors. Under those terms, DJT can sell Yorkville shares at a 2.75% discount to the market price; Yorkville can then turn around and sell the shares to the public. How much? Up to $2.5 billion. What would Truth Social do with the funds? Whatever they want presumably. I’ve heard that Trump NFTs are selling well nowadays.
Trump’s co-investors are unhappy with this deal, IIRC. Those are the fellas that I expect to sell DJT in September. They don’t like having their ownership in DJT diluted, at least before they exit this sinking ship.
I don’t think I’ve seen this discussed, but pardon if I missed it.
If Trump were to win in November, could he (when he takes office) decree that all governmental accounts must be with Truth and not any other similar platform (ie, Twitter)?
Could that drive enough traffic to is to turn its fortunes around?
Essentially, if trump wins, the Fdderal government turns into Calvinball. There can be no reliable predictions about what can or can’t happen or why.
Maybe the courts and bureaucracy roll over on some assinine decree from the orangefuhrer, and maybe they push back. No way to predict
It would appear that thr Supreme Court has determined that they alone are the final arbiters of what a president trump may do.
Twitter is a loss-making organization under Musk and was only marginally profitable (if that) under previous management. Putting all governmental accounts on Truth Social would not save them. So no, there’s no turn around plan, except if they sell more shares and use the proceeds to invest in a viable company. This is unlikely as Devin Nunes, the CEO, has scant business experience. It’s a pump and dump.
Pump & dump Trump?
I understand dumping trump, but don’t know, and don’t want to know, what pumping trump entails. 
Unfortunately* for the dumpers, the pumping wore off before they could sell.
/* For certain values of misfortune.
Not to speak of plumping Trump.
Looks like it’s gonna spike again after the events of today…Sigh
It looks like the dumping is still going on. We’ll see what happens in two days.
I’m really trying to follow this. Tell me if I understand the core question: will Trump get the jump on the pump-and dump? Will there be a bump? Or will he be a chump?
I’m stumped.