Trump Face SUDDEN FINANCIAL DISASTER and He CAN’T HIDE

this is Michael popok legal AF 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 over 100 early investors in his truth social Trump Media company have the right to start selling their their shares there was a six-month what we call lockup period which ensures that Founders and people like Donald Trump don't immediately after getting shares in a company they didn't really earn they were just given them for no money that they don't crush immediately the investing public by selling into the wind driving down the share price but now Donald Trump is on the horns of a dilemma because maybe four or five months ago back in March when the stock was trading at an all-time high of 62 and $63 a share having started at $10 a share he was sitting there salivating and rubbing his hand like Scrooge McDuck or the Monopoly guy saying oh I'm worth $6 billion I can't wait to get to September I mean we talked about it here on legal AF and on the mightest touch Network that he had so much Donald Trump so much Financial pressure on him such a financial House of Cards looking at a half a billion doll New York civil fraud judgment against them a hundred billion dollars that he now owes to egene Carol alone the convictions that have been rolling in at a regular Pace against him that was and a financial monitor sitting over all of his financial affairs making it almost impossible for him to make new money unless he's selling sneakers out of a van or suits off his back or trading cards or books or Bibles you fill in the blank we're running out of things for him to do is this like a is this a flea market or is this a or is this a presidential candidate that's allegedly some sort of business uh Brain Trust well now he's on the horns of a dilemma cuz the stock is is no longer at $62 and $64 he's no longer worth $6 billion on paper he's now down to $2 billion on paper because the stock is plummeting it is falling like a rock and even faster it is now below $20 a share it's below $18 a share it's heading towards $15 forget that it's heading back to $10 a share meaning his worth even on paper is down to just two billion I say two billion because he lost four billion dollars poof in six months because why because that uh company is ephemeral it is it is in The Ether it has no business model it's not that it has a burn rate of expenses that'll eventually be able to overcome like Amazon Amazon lost money for years until it became the Behemoth that it is and you know a a multi-trillion dollar company but that's not this not when you have less than 4 million people that even pay attention on a monthly basis to your platform which is no which is nothing which is nothing at all it's one tenth the size of legal AF if you can believe it on a monthly basis not when you have no other business fundamentals not when you're only asset is Donald Trump an asset that they've already disclosed on all of their SEC Securities and Exchange filings as being if anything happens to the boss our company has no other asset and he's busy selling himself everywhere but on Truth social Bibles trading cards books uh suits off his back sneakers that has nothing to do with true social he's making all this money off book and now he's returned to X and embraced in a bromance Elon Musk his new future head of government efficiency or whatever the heck that's supposed to be so he's he's trading away he's trading away from his Core Business and and competing if you will with the revenue of his own business they should they should sign him up to a non-compete that's what I would do if it was my only asset I would have an exclusivity contract and a non-compete to make sure he only makes money for the public company that's supported by you know uh the the retail investing community and now as I said five months ago the the the small band of happy Warriors who are Maga who are trying to use their stock purchases to prop up a failing Donald Trump and his campaign are being overwhelmed by normal investors short Sellers and others who look at the business fundamentals and say there's no fundamentals here there's no economics here there's no sales here there's no add dollars nobody wants to advertise on Truth social I mean some people get upset sometimes in the mightest touch Network because we have pro-democracy sponsors that advertise on our Network and our podcast and our content like oh there's so many ads there's no you want no ads go over to truth social you'll you'll find no content but you'll find no ads as well that's not a business model that's not sustainable and now Donald Trump here's the horns of a dilemma here's the crossroads moment he sell if he has one of three or four things to do and he's going to have to disclose it this week in a filing with the Securities and Exchange Commission we call it a form four filing he's got to he's got to tell the investing world what is he doing with his shares he can't leave it to whim the investing Market in community and Mom and Pop were investing have to know what he's doing with his stock so he has to disclose it again as I said earlier on legal AF Donald Trump will Ru the day he went public because now he's fully regulated by the Securities and Exchange Commission in a way he never was in his private family-owned company Trump organization have you heard that the flavored air category is quickly becoming the leading alternative to vaping and smoking it's a whole new movement towards better habits led by the sponsor of today's video fume fume is an award-winning flavored air device and flavored air isn't like vaping if Vapor was compared to Sticky soda fume cores are closer to herbal teas fume has lots of delicious flavors to choose from like crisp mint and orange vanilla with flavored air you can satisfy your oral fixation 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journey pack head to trif nume.com that's TR R yfu m.com and use code legal AF or scan the QR code on the screen to get a free gift with your order today now here's what he's got to decide does if he sells any portion or any of the other 100 insiders sell any portion large portion of the shares the stock is they're going to be trading into a loss as the shares continue to drop from $18 or $17 a share and crash to 10 I mean if he dumped the whole of his 115 million shares representing 57% of the all over a course of a week or a month or 3 months or 6 months he'd crash that stock in a heartbeat he'd make money cuz even a $10 a share he has 115 million shares do the math it's over a billion dollars but you and me get crushed well not me because I wouldn't invest in that company but others others that support magga are gonna are going to get crushed does he want to do that so one how much does he sell off how much do the others sell off they're not restricted anymore they're not restrained there's no lockup period there's no limit on their ability to sell their shares and some of them are going to either ride it or not ride it I assure you there are conversations going on right now I'm not privy to them but I having worked in this world before I tell you there are conversations going on right now with Donald Trump his investment bankers Brokers investors his investors all at the Top Line about what to do with Donald Shar Donald Trump shares how much of them to sell and how to sell it so one is how much to sell he's going to sell part of it it two he can take a loan out against it he can get some sucker to lend him money who thinks that's a good bet I'm sure I'm sure at an exorbitant interest rate uh given Donald Trump's past history of financial failings I don't know what that interest rate would be 8 9 10 15 18% he could take a loan out so he gets money because he needs money have I said that before on my hot ticks he's he's pulling out his pockets he's going to be left wearing a barrel in suspender soon he doesn't have any money how many trading cards can he sell how many bibles can a person actually sell in a in a year it's not like apple coming out with a new iPhone to get and a new battery and a new plug to make more money and accessories it's Donald Trump he's he's 80 years old he can barely put a sentence together okay so you know his last book that he sold that he made I don't know $7 million on was he didn't even write it I mean he didn't write he doesn't write any of his own books but the last book was literally people letters to Donald Trump it was other people writing letters he slapped it together in a book and sold it not sustainable so he can take out a loan he can sell shares what else he can do he can try to limit the downward pressure on the stock price by selling the a block of shares a large block of shares to one buyer usually the one buyer is a fund of some sort an Institutional Investor or counterparty on the other side you know you can name the if I swung my a swung a a something here a necklace here I would hit or a boomerang in my neighborhood I would hit all of the players in that world I won't name them you can think who they are Blackstone there's a number of other ones you know Fortress there's a there's a bunch of funds that are also lean Republican as most of Wall Street does that could step in and bail out it would be a Donald Trump bailout it would be the bailout he didn't want to do wasn't in favor of for the Auto Workers the bailout he wasn't in favor of for the American people after Co he'll get a bailout somebody will buy oh I don't know $500 million let's say worth of his stock let's just pick a a round number and they will buy that put that money in his pocket and the stock price will take a hit but not as big as if he sold $500 million free floating units out into the marketplace so he could find a buyer and he's tied in into Wall Street I won't go over the details but you can look up who's the head of his transition committee who's very tied into Wall Street and you could sort of figure out in three nanoseconds who could broker such a deal okay that could happen a buyer could buy it A lender could lend on it um or he sells it in the open market or he just holds the stock I don't see a world in which Donald Trump doesn't try to sell loan borrow against and or sell a block of his his shares I just don't see it he needs the money too badly I've said in Prior hot takes on legal AF he is not making any new dollars the the Trump machine of making money has ground to a halt he's living off of Old deals old real estate Investments old licensing deals everything old nobody in the states wants his name on any project he's hasn't built a new building since we started legal a four years ago um he's just living off of royalties and license fees and revenue from his golf courses I mean that's nice I mean it's not like I fault him necessarily for having Revenue it's just that his expenses are so much larger than that and look at all the families he's feeding Don Jr and Eric and the gilfoil person and and Ivanka and kersner and him Kushner and himself I mean it's a lot of mouss Melania I mean her wardrobe budget alone I'm sure is astronomical and then you've got the attorney's Fe when he's not busy grifting right now he can't grift as much for his attorneys spe he's trying to raise money to to to win the presidency and he's getting beat 4 to one by KLA Harris so what I'm trying to say is he needs the money he's going to sell it but if he sells too much he crashes the stock and then we're off and running and now he's got to make a decision just two days after the debate about what he's going to do KLA Harris is smart we watch her closely she's going to raise the issue during the debate be smart to it's part of a topic that I think she should raise about him being fiscally irresponsible both at his own personal life he's a he's a business fraud he's a terrible Steward of the economy of the US economy let alone his own checkbook and that's something people should consider so they don't think that 2016 was such a great period of time in our American economic history when it was not the debt through the roof the economy on the skids the only thing you know I get it the price of things that matter to people at the gas pump and the supermarket were higher were higher higher now than then I get that but they are trending down in the right direction and most of it is postco so we're going to continue to follow what happens with truth social and Trump media why do they don't have an exclusivity agreement why they don't have a non-compete agreement for Donald Trump their only asset why they let him do all these deals on the side that don't bring in Revenue to the company that has public investors and public shareholders and who on Wall Street is going to bail out Donald Trump brokering a deal for either a block sale of that stock a loan or to sell off his share over time to try to not drive the the a stake or a silver bullet into this this entity whose stock price is in freefall right and that has been his cash cow that is what he's been banking on since day one that would bail him out ultimately and he's watching that poof go up and smoke we'll continue to follow it on legal AF and on the mest touch Network follow me Michael popok on all things social media and my hot take videos you can find right here on the Midas touch Network slide over to playlists on the mest touch Network look for Michael popok and you'll see 14500 of my hot takes right there find out every Wednesday and Saturday find out what 40 million people a month already know that legal AF is the home of Law and politics and Analysis and commentary on the YouTube dial Wednesdays and Saturdays and then on audio podcast platforms of your choice so until my next hotti until my next legal AF this is Michael popac reporting herey herei legal AF law breakdown is now in 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