The last six weeks haven’t been kind to rapist and GOP standard-bearer Donald Trump. Sure, his polls are tanking after the Democrats violated the Consitution and did the ol’ switcheroo after the Republican Convention and put radical Marxist former prosecutor Kamala Harris in the top slot instead of Sleepy Joe. But what’s really hurt Don is his stock price tanking.
With three weeks remaining in the lockout before Trump can sell any or all of his personal portfolio of 114.8 million shares of DJT stock, but doing so would certainly tank the stock; when the guy who owns more than three-quarters of the outstanding shares starts dumping stock, lower level sellers are jumping ship.
The Trump Media stock closed at $18.08 on Tuesday, a drop of more than seven percent for the day. That brings loses for the stock to 55% over the last six weeks. For Trump, that’s a “paper loss” of $2.6 billion. And it will get worse when Trump starts selling to raise cash for his existing and future civil judgments.