DJT Trump is upset at naked short selling, not actually upset at short selling in general. He isn't "selling" but his shares are being lent out to short sellers at very expensive interest rate. He's making plenty of money at the expense of those buying and holding. The other insiders have all been selling.
DJTchillinvestorguy, man missed out badly on BTCUSD, not so chill after all, got emotions on politics get the best of you....dude sold 10 coins for 75k, just because he doesn't like Trump... Thats 180k left on the table and will be a 250k miss in no time, haha
DJT The original story buried the lead. The CFO sold 3x as much as the Director I mentioned earlier. Twice in the last week and if my memory is correct, for the third time since the stock went public. He sold 96% of the shares he had planned to sell over the next 13 months in 2 of the last 3 trading days. Probably just a coincidence that it happened with the other trade, though...
It's shocking these guys aren't sticking around for the inauguration bump. Also, they are on the inside of this company and must know what a great businessman Trump is and what an intrinsically valuable asset it is - so why are they selling and selling so hard? This is all very curious behavior.
DJT News story link below: DJT Director and former CEO of the SPAC that took DJT public sold 88% of his shares and 100% of the shares he has direct control over - almost $4 million worth of stock.
He sold on Nov 8th, when the price never got above 33.03 - 10% above where it is now. Clearly he didn't think the company is worth more than that and isn't having FOMO about an inauguration pump or anything else about the company's future prospects.