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I think that it's going to go to "zero or something close to it" once Trump starts bailing out. I don't think that it's going to need to reach the election and have Trump lose.
Agreed. He doesn’t care about the shareholders. He will just dump and leave the suckers holding the bag.
I just wish the blackout period extended beyond the election. If he lost, his stake could be just a fraction of what it is today.
If he has to divulge his divestment it's going to go to 0 before he can sell it all. If he doesn't need to divulge it, it's still going to go close to zero because the market for that stock won't hold if 60% of it hits the market. If he's been able to borrow against it, he'll probably default and leave his lenders holding the bag.
There was also that legal fight that I haven't been following earlier from some other cofounders trying to get the ability to exit earlier.
https://www.nytimes.com/2024/04/18/business/trump-media-ownership-fight.html
If they haven't managed to get the ability to exit before Trump, I'm assuming that those guys are going to be jumping ship at the first opportunity as well.