Unveiling Suspicions Behind a Massive Shorting of DJT Shares
Recent revelations shed light on a $1 billion Texas asset manager’s significant shorting of Trump Media (NASDAQ: DJT) shares just before the failed assassination attempt on Donald Trump. More details have emerged, triggering speculations and curiosity among investors.
Mixed up Dates?
Market researcher and retail investor, Ryan Rigg, pointed out a discrepancy in the timeline of events regarding the shorting of DJT stocks. The company reportedly held the position on June 30 but filed it with the SEC on July 12, just one day before the assassination attempt.
- Companies often file their quarterly holdings, and on July 16, Austin Private Wealth submitted an amended Form 13F, removing the position.
- Researcher Josh Walkos highlighted the difference between the reporting date and the filing date, clarifying potential misunderstandings.
Unraveling the Mystery
Despite attempts to clarify the situation, there remain numerous unanswered questions surrounding the suspiciously timed shorting of DJT shares. The incident has fueled conspiracy theories and raised doubts about the true motive behind the massive trade.
The price of DJT stock currently sits at $37.38, showing a slight increase on the day and significant gains over the week and month. Investors are closely monitoring the situation for any further developments that could impact the stock’s performance.
This content is for informational purposes only and does not constitute investment advice.
Hot Take: Proceed with Caution
As an investor, it is essential to remain vigilant and informed about market movements and potential risks associated with trading decisions. Always conduct thorough research and seek professional advice before making any financial commitments in the crypto space.
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