klehner wrote:
trail wrote:
klehner wrote:
DJT tanked $5/share at 8:20am.
That's probably mostly because they filed to release new shares. Existing shares will be diluted. Including Trump's.
Does that mean that he will own more shares at a lower value, thereby being a wash? Does that apply to everyone who owns DJT?
LOL No,
You own the same number of shares, the company just puts more stock out there. Lets say there were 100 shares, you had 10. You "owned" 1/10 of the company, but they need money, so they say hey we are going to offer more shares, say another 100 you now have 1/20 th of the company. thats the none technical answer. But in short most share holders get screwed. Some classes don't get diluted, one reason for different classes of stock.
Trump decided to offer up more shares, so more people could get in on this great opportunity to become a millionaire.
Just Triing
Triathlete since 9:56:39 AM EST Aug 20, 2006.
Be kind English is my 2nd language. My primary language is Dave it's a unique evolution of English.