Trump stockholders reap December profit - 2004-01-04
Although shares of Trump Hotels & Casino Resorts may be in the basement of gaming stocks, investors who picked up shares of Donald Trump's casino company at its 2003 lowest point nonetheless
realized a quick 39 percent price gain.
Trump Hotels closed at $1.55 on Dec. 3, then began a rally to finish the year at $2.16. Trading volume, which had been in the range of 30,000 to 40,000 shares per day, topped 100,000 nine times in December.
Analysts speculated that Chairman and CEO Donald Trump was scooping up more shares. Public records show that he has been an active buyer when the stock is selling at around $2 or less.
Read the full story at Press of Atlantic City