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Top 5 Stocks About to Test Their 52-Week Low

A 52-week low is a technical indicator used by some of the world's top traders
and investors to determine the current and future value of a stock. In this
report we reveal today's top 5 stocks about to reach their 52-week lows.



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The No. 1 Crypto of 2024 (Trading for Less Than 10 Cents)

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NEW "LIVING MISSILE" TO REPLACE NUCLEAR MISSILES

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EX-COLLEAGUES OF JUDGE IN DONALD TRUMP'S HUSH-MONEY CASE SAY FORMER PRESIDENT
WILL MOST LIKELY FACE THIS SENTENCE

Bibhu Pattnaik
June 09, 2024

Former New York City judges who were once colleagues of Judge Juan Merchan have
weighed in on potential sentencing outcomes for former President Donald Trump,
who was recently convicted in the New York hush-money case that Merchan oversaw,
with varied predictions on jail time and probation.

What Happened: Speaking to Business Insider, the four ex-NYC judges shared their
insights on Trump’s sentencing. Trump is scheduled for sentencing on July 11 for
34 counts of falsifying business records.

The judges, reportedly known to be tougher than Merchan, believe a prison
sentence is unlikely.

“He’s certainly not going to give him state time,” said Michael Obus, Merchan’s
former supervising judge.

Barry Kamins, another former judge, agreed, stating, “The prosecution has gotten
its pound of flesh just by getting its conviction.”

Charles Solomon, also a former judge, added, “You don’t want to give him such a
draconian sentence that he becomes a martyr.”

Three of the four judges predicted no jail time for Trump, while the fourth,
Obus, said he sees a slight possibility. They suggested probation or community
service as more likely outcomes.

“Judge Merchan may choose probation — which is the most serious non-jail
punishment,” Kamins noted.

Manhattan District Attorney Alvin Bragg, who brought the case against Trump, has
not disclosed the sentence he will request.

Also Read: Following Trump's Guilty Verdict, Legal Experts Say He Could Face
This Punishment Instead Of Prison Time

According to Business Insider, Trump’s history of civil fraud and sex-abuse
judgments could influence the sentencing. However, his appeals could delay any
incarceratory sentence for years.

“No one is going to incarcerate a former president of the United States until
his appeals are exhausted,” defense lawyer Ron Kuby told the outlet.

Why It Matters: Earlier this month, Trump expressed his feelings about the
prospect of jail time.

“I’m OK with it. I'm not sure the public would stand for it. I think it would be
tough for the public to take. At a certain point, there's a breaking point,” he
said.

Trump was found guilty on all 34 counts of falsifying business records, making
him the first former U.S. president to be convicted as a felon. The charges were
related to reimbursements made to his former lawyer, Michael Cohen, for payments
to adult film star Stormy Daniels.

In a related development on Friday, Merchan disclosed that a Facebook user
claimed to have insider information about the trial's outcome.

This revelation was made in a letter addressed to Trump's attorney Todd Blanche
and the Manhattan District Attorney's Office. Such claims add another layer of
intrigue and potential influence on the sentencing process.

Now Read: Trump Vs. Biden: Young Voters Are Leaning Toward One Candidate More
Than Other, Citing Concerns Over Israel-Hamas War And More

This content was partially produced with the help of Benzinga Neuro and was
reviewed and published by Benzinga editors.

Photo: Shutterstock

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