re: #278 darthstar

If Donald gives himself 78.5 million shares of stock at $61.97 a share on Friday afternoon, and Monday trading closes at $47.83, how much money did he lose in one day?
(Markets aren’t closed yet, but do the math…and hope the TV analysts all mention how much money he lost so he gets reminded of it every hour after the market closes in 20 minutes).

He hasn’t gained or lost a dime. Paper gains or losses are imaginary until he cashes out after his required 6 month lockup (and yeah, I wish that was prison, not merely a prohibition to sell the stock during the IPO period).