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Legal AF by MeidasTouch

Trump Face SUDDEN FINANCIAL DISASTER and He CAN’T HIDE

Legal AF by MeidasTouch

Meidas Media Network

News Commentary, News

4.96.1K Ratings

🗓️ 10 September 2024

⏱️ 16 minutes

🧾️ Download transcript

Summary

Trump is angling for a Wall Street bailout, as he has to decide by 9/19 how to sell some of his 115 million shares in his own publicly traded media company WHILE ITS STOCK PRICE IS IN FREEFALL, shaving off 4 billion in his net-worth in just 4 months, as his criminal case and electoral loses pile up. Michael Popok using his Wall Street experience as an analytic tool, explains the different paths Trump is likely to take, ALL OF WHICH WILL CRUSH THE MAGA MOM AND POP INVESTOR. FUM: Head to https://TryFum.com/legalaf or scan the QR code on screen and get a FREE GIFT with the JOURNEY PACK today when you use code LEGALAF Visit https://meidastouch.com for more! Join the Legal AF Patreon: https://Patreon.com/LegalAF Remember to subscribe to ALL the MeidasTouch Network Podcasts: MeidasTouch: https://www.meidastouch.com/tag/meidastouch-podcast Legal AF: https://www.meidastouch.com/tag/legal-af MissTrial: https://meidasnews.com/tag/miss-trial The PoliticsGirl Podcast: https://www.meidastouch.com/tag/the-politicsgirl-podcast The Influence Continuum: https://www.meidastouch.com/tag/the-influence-continuum-with-dr-steven-hassan Mea Culpa with Michael Cohen: https://www.meidastouch.com/tag/mea-culpa-with-michael-cohen The Weekend Show: https://www.meidastouch.com/tag/the-weekend-show Burn the Boats: https://www.meidastouch.com/tag/burn-the-boats Majority 54: https://www.meidastouch.com/tag/majority-54 Political Beatdown: https://www.meidastouch.com/tag/political-beatdown Lights On with Jessica Denson: https://www.meidastouch.com/tag/lights-on-with-jessica-denson On Democracy with FP Wellman: https://www.meidastouch.com/tag/on-democracy-with-fpwellman Uncovered: https://www.meidastouch.com/tag/maga-uncovered Coalition of the Sane: https://meidasnews.com/tag/coalition-of-the-sane Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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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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