Anyone here get in?
Buy shares this week?

CEO of DJT and vigilant Trump supporter Devin Nunes is definitely in the hot seat.

Does he allow a waiver for The Donald to sell his shares before late September's lock-up period expires?

Doing so would cause a crash in the share price and invite shareholder lawsuits.

Stay tuned!

DiabloWags said:

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Stock closed at $41.53 yesterday.

But none of the MAGA fans here own a single share.

Not even bear2034.

Sad really.

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Any estimate of how much tRump has made through straw men transactions in this process? Why do they allow short selling when it is such a text book vehicle for fraud?

Found this:
" Short selling is legal because investors and regulators say it plays an important role in market efficiency and liquidity. By permitting short selling, a strategy that speculates that a security will go down in price, regulators are, in effect, allowing investors to bet against what they see as overvalued stocks."

But why does that have the same sound to it as a tRump Press Secretary explaining something?

There's nothing inherently wrong with short selling.

People buy shares in companies they believe to be undervalued.

People short shares in companies they believe to be ovetvalued.

The definition you referenced is based on a liquidity argument.

It's not wrong.

FYI...

From 1938 up until 2007, the Securities and Exchange Commission (SEC) had a rule stating that a stock could only be shorted on an uptick or a zero plus tick in order to prevent the destabilization of a stock.

As of 2010, if a stock has declined more than 10% that day traders may only short on an uptick. They may short freely if the stock hasn't declined by more than 10%.

This is why the stockmarket has become more VOLATILE.

You can literally "machine-gun" (down) the bid of a stock.