Trump Face SUDDEN FINANCIAL DISASTER and He CAN’T HIDE
Legal AF by MeidasTouch
Meidas Media Network
4.9 • 6.1K Ratings
🗓️ 10 September 2024
⏱️ 16 minutes
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| 0:00.0 | This is Michael Popoc, Legal A.F. It's time for me to put my Wall Street thinking cap back on and talk about a day looming on the calendar for Donald Trump and small retail investors on Wall Street alike. That's the 19th of September. That's when Donald Trump and |
| 0:15.8 | over 100 early investors in his truth social Trump media company have the right to start selling their shares. There was a six month |
| 0:25.2 | what we call a lockup period which ensures that founders and people like |
| 0:29.6 | Donald Trump don't immediately after getting shares in a company they didn't really |
| 0:34.2 | earn they were just given them for no money that they don't crush immediately the |
| 0:38.9 | investing public by selling into the wind driving down the share price. |
| 0:43.2 | But now Donald Trump is on the horns of a dilemma, |
| 0:45.9 | because maybe four or five months ago, |
| 0:48.6 | back in March when the stock was trading at an all-time high |
| 0:52.0 | of 62 and 6363 a share, having started at $10 a share. |
| 0:57.3 | He was sitting there salivating and rubbing his hands like Scrooge McDuck or the Monopoly guy saying oh I'm worth six billion dollars I can't |
| 1:06.7 | wait to get to September I mean we talked about it here on Legal AF and on the |
| 1:10.4 | Midas touch network that he had so much |
| 1:12.6 | Donald Trump, so much financial pressure on him, |
| 1:14.7 | such a financial house of cards, |
| 1:16.6 | looking at a half a billion dollar New York civil fraud |
| 1:21.2 | judgment against him, a hundred billion dollars that he now owes to E. Jean Carroll alone. |
| 1:27.2 | The convictions that have been rolling in at a regular pace against him, |
| 1:31.6 | that was, and a financial monitor sitting over all of his financial affairs, |
| 1:35.0 | making it almost impossible for him to make new money |
| 1:38.0 | unless he's selling sneakers out of a van or suits off his back |
| 1:42.0 | or trading cards or books or Bibles you fill in the blank |
... |
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