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Bullboard - Stock Discussion Forum Trump Media & Technology Group Corp DJT

Trump Media & Technology Group Corp. is a social media and technology-focused company. The Company’s social media platform, TruthSocial, provides an outlet outside of Big Tech that encourages open global conversation without discriminating against political ideology. The Company is also focused on developing a subscription-based video streaming service, TMTG+, which intends to include access to... see more

NDAQ:DJT - Post Discussion

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Post by dart321 on Sep 16, 2024 11:49am

Dump Day

when will the big dump of all those 140 million free shares start is the question of the week? When will the insiders that got all these shares for nothing start their big dunp? My guess would be a week from today. Those magats that hold this stock have little chance to dump their paper because of the shear lack of daily trading volume. If every share that was sold this week was a magat trying to get out there still would not be enough trading volume for them to get out before fridays close. In my opinion this will be a blood bath as bad as trumps campaign will end up.
Comment by KozmoT on Sep 16, 2024 12:09pm
I'm guessinginsiders, including Trump, will collectively hold off dumping shares for a few days, maybe even a week, hoping to make retail guys like wetcoast feel secure and maybe even buy some more, push the SP up or at the very least prevent it from cratering.  Then when one of the starts a dump, they'll all pile on, not wanting to become bagholders themselves... never mind that most ...more  
Comment by dart321 on Sep 16, 2024 12:18pm
you can bet the insiders already have their dated share certs placed in a trading account . The only thing holding them back are the account cover limits. What are each limit set at is it 2 days to cover the costs is it 3 days. Whatever each is will detemin the day at which they can sell. These dates are always before the lockup period ends. That's why my guess is a week today and don't ...more  
Comment by westcoastlogger on Sep 16, 2024 12:30pm
Your out to lunch Dartboard. You've been droning on and on about the big 'paper' dump thats coming for 9 months now. All last week you were building to a crescendo that the big 'paper' dump was coming at any time and then on Friday......someone snagged a few million shares and the stock popped up over four bucks at one point. Gotta give you credit though I guess. You did shut ...more  
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