Hey all. What are you thoughts and plans with your DJT stock? I'm in the "not selling" camp but wanted to see what my Internet friends are thinking. Do you think the stock is down because Trump's Twitter activity? Thanks.
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Exactly. Sold and expect to hopefully buy back cheaper. If I wait at least 31 days In between I get to also write off the loss.
I'm in no way qualified to give an investment advice on the internet. But if I was long-term holding I would do exactly what you're doing.
Cuz I think it's going to be a lot worse in the next month.
Trump's appeal for his NY fraud case is later this month. He's still on the hook for like $470 million.
Lets say he just wanted to cover it with Truth Social money. I think he would have to sell more than 470 million in stock. I think there's tax considerations if he wanted to clear 470 million, he might have to sell a lot more.
I'd be very surprised if he didn't sell something this month.