Trump Media stock fell to $16.98 today, the latest in a nosedive downward.
Some people are shorting Trump Media now, betting that will continue to drop precipitously.
There are only two weeks left, as the New York Times noted today, until Trump can start selling off his shares. No doubt he and friends will do that, leaving investors high and dry.
I wonder how those investors will feel about voting for a guy who ripped them off. I guess they’ll love it since they don’t seem to care about felony convictions, rape judgements, and five dozen other onerous things Trump has done.
With Trump gagged, even he’s not making Truth Social very interesting anymore. All he can do is gripe about his gag order, or attack Kamala Harris. He does appear very enthusiastic about that since there’s not much he find against her.
We’ll see what happens tomorrow. But the stock price is a reflection of Trump’s waning popularity.
