Trump's Trust to Sell $2.3 Billion in DJT Stock: What You Need to Know!

Ladies and gentlemen, buckle up! We've got a bombshell dropping on the market today. Trump Media & Technology Group, the company behind Truth Social, has just filed papers with the SEC to allow President Donald Trump's trust to sell stock worth a staggering $2.3 billion. This is a game-changer, folks, and you need to be ready for the volatility that's about to hit the market.



First things first, let's talk about the immediate impact. Shares of Trump Media were down about 7% in premarket trading on Wednesday. That's right, folks, the market is already reacting to this news, and it's not pretty. But here's the thing: this is just the beginning. The potential sale of $2.3 billion worth of stock by Trump's trust could send shockwaves through the market, and you need to be prepared for the whipsaw trading that's about to ensue.

Now, let's talk about the bigger picture. Trump Media's stock has been on a wild ride lately, with shares finishing the day down nearly 10% at about $27 after rising to near $34 earlier in the day. This volatility is nothing new for Trump Media, but the potential sale of $2.3 billion worth of stock by Trump's trust could take it to a whole new level. The market hates uncertainty, and this news is about as uncertain as it gets.

But here's the thing, folks: this could also be a buying opportunity. Trump Media's stock has been closely tied to the perceived odds of Trump winning the 2024 presidential election, and if those odds continue to rise, the stock could soar. As Matthew Tuttle, CEO of Tuttle Capital Management, said, "It’s really simple. People realize that if Trump gets elected, this stock has the potential to do something. And if he doesn’t get elected, it probably goes to zero." So, if you're bullish on Trump's chances of winning, this could be your chance to get in on the action.

But let's not forget about the risks. Trump Media's stock is notoriously volatile, and the potential sale of $2.3 billion worth of stock by Trump's trust could exacerbate that volatility. As Jay Ritter, a finance professor at the University of Florida, pointed out, "At today’s stock price of about $25, the stock is overvalued by 1,000% or so, suggesting a 90% drop will eventually occur." So, if you're thinking about buying, make sure you're prepared for the rollercoaster ride that's about to ensue.



In conclusion, folks, the potential sale of $2.3 billion worth of stock by President Donald Trump's trust is a game-changer for Trump Media & Technology Group. The market is already reacting to the news, and you need to be prepared for the volatility that's about to hit. But if you're bullish on Trump's chances of winning the 2024 presidential election, this could also be a buying opportunity. So, do your research, stay informed, and get ready for the wild ride that's about to ensue.