Trump Media lockup deadline leaves Trump with a choice: trigger a fire sale or hold a meme stock.
He said he wasn't gonna sell prior, and it temporarily lifted the stock higher. But a few insiders are poised to sell, and the stock has taken on water and is listing badly. 15.62 despite a .50 basis point drop in the fed rate which usually rallies most stocks.
Where do you think this will be in 60 days and will Trump sell it?
If he isn't elected, it will leave Donald with likely 1/10th of its value today and still liable for court fees and fines from prior.
I'm betting he sells before the election is concluded and certainly before the end of the year regardless.
What say you?