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Trump stock shorted heavily day before assassination attempt
Finbold ^ | July 17, 2024 | Elmaz Sabovic

Posted on 07/18/2024 7:17:37 PM PDT by grundle

After an assassination attempt on former President Donald Trump, which sent shockwaves through the U.S. political landscape, Trump Media (NASDAQ: DJT) shares surged more than 60% in the early trading hour on Monday before retracing by 20% to the valuation of $36.89 at the latest close on July 16.

However, a fact bound to raise a few questions is that short positions against Truth Social stock doubled between July 1 and July 12, going from 7 to 15 million shares, in what was a record of shares shorted for DJT stock since its trading debut.

This surge indicates that individuals or large organizations anticipated a significant drop in the stock’s value by July 15, a scenario that would likely have materialized had President Trump died in Pennsylvania.

The potential need to cover the losses from short positions leading up to July 12 could have provided an additional boost in the price of DJT stock.

A pattern raises concerns that some individuals may have had foreknowledge of a plot against former President Trump’s life and sought to profit from the expected turmoil.

Short interest in DJT stock

Looking at the current level of DJT stock short-interest, it has subsided substantially. It fell to 11.27%, with 5,219,586 shares being shorted at an average coverage of less than one day.

This means that the stock is no longer experiencing high short interest, as it did last week. Previous occurrences of short interest before major events

A similar occurrence was observed on September 11, 2001, when substantial bets were placed against the stocks of major airlines, American Airlines (NASDAQ: AAL) and United Airlines (NASDAQ: UAL), the day before the attacks.

Subsequent investigations revealed that a single entity and an insider newsletter had tipped off investors, leading them to place fortuitous bets against the top two U.S. airlines, which suffered significant losses following the hijackings.


TOPICS: Miscellaneous
KEYWORDS: austincapital; blackrock; djt; djtstock; elgindy; failedassassination; soros; stockshorted; trump; trumpmedia; trumpshot; trumpstockshorted; vanguard
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1 posted on 07/18/2024 7:17:37 PM PDT by grundle
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To: grundle

The powers to be have said the amount was an error, yeah, sure, wink , wink.


2 posted on 07/18/2024 7:22:27 PM PDT by delta7
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To: grundle

Someone knew something apparently.


3 posted on 07/18/2024 7:24:33 PM PDT by Democrat = party of treason
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To: grundle

The same group shorted Rumble at the same time. They now say it was an error. I’m not sure how you short two Trump related stocks (with two different ticker symbols) totally in error, but here we are.


4 posted on 07/18/2024 7:28:03 PM PDT by CFW
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To: grundle

Nancy the stock market vampire?


5 posted on 07/18/2024 7:32:22 PM PDT by toddausauras (Trump 2024)
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To: Democrat = party of treason

“Someone knew something apparently.”


They would have made millions had the attempt been successful and DJT dropped by several dollars. The shooter acted alone and had no connections to anyone. However, someone(s) apparently knew what was going to happen. Strange things we are supposed to believe these days.


6 posted on 07/18/2024 7:32:30 PM PDT by CFW
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To: delta7

How many tens or hundreds of millions are put in jeopardy due to this little mistake. I bet they just found out about the mistake when it was reported.


7 posted on 07/18/2024 7:34:07 PM PDT by hardspunned (Former DC GOP globalist stooge)
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given the Rat party was in turmoil for the weeks leading up to July 13, doesn’t make sense to bet against Trump unless...


8 posted on 07/18/2024 7:42:54 PM PDT by Gene Eric (Don't be a statist! )
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To: CFW

Yeah, after the assassination failed and the stock rose from 20 to 30.... they said it was a mistake.

Liars.....they knew.
CNN went live for a rally for the first time.... they knew.
Secret Service watched the sniper for an hour and let him in with his rangefinder.... they knew.
Biden said Trump was in for the worst week ever, and that he needed to be in the bullseye..... he knew.


9 posted on 07/18/2024 7:49:43 PM PDT by DesertRhino (2016 Star Wars, 2020 The Empire Strikes Back, 2024... RETURN OF THE JEDI. )
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To: DesertRhino

Liars.....they knew.
CNN went live for a rally for the first time.... they knew.
Secret Service watched the sniper for an hour and let him in with his rangefinder.... they knew.
Biden said Trump was in for the worst week ever, and that he needed to be in the bullseye..... he knew.
*********
Bingo!


10 posted on 07/18/2024 7:51:49 PM PDT by yldstrk ( )
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To: yldstrk

All true and nothing will come of it. A former President is almost assassinated and it was with full knowledge of all these entities. Our country is owned.


11 posted on 07/18/2024 8:03:40 PM PDT by gibsonguy
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To: grundle

Austin Capital is owned by Black Rock, Vanguard, and Soros


12 posted on 07/18/2024 8:03:48 PM PDT by Wilderness Conservative (Nature is the ultimate conservative)
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To: grundle

Bookmark


13 posted on 07/18/2024 8:04:21 PM PDT by Chgogal (To paraphrase Biden: You vote Democrat? Then you ain't smart.)
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To: CFW

And now someone took a financial bath and has a Sore-ass but I think Sore-ass should be spelled George Soros


14 posted on 07/18/2024 8:07:22 PM PDT by Fai Mao ( The US government is run by pedophiles and Perverts for pedophiles and perverts.)
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To: grundle

Oh another Buckhead moment. Looking around one of the first, if not the first place this was reported was here on FR


15 posted on 07/18/2024 8:10:14 PM PDT by Fai Mao ( The US government is run by pedophiles and Perverts for pedophiles and perverts.)
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To: grundle

https://x.com/jakeshieldsajj/status/1813746147703599581/photo/1


16 posted on 07/18/2024 8:13:46 PM PDT by Captainpaintball (America needs a Conservative DICTATOR if it hopes to survive. )
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To: grundle

There’s a good chance some of our congressional critters were in on it too.


17 posted on 07/18/2024 8:14:46 PM PDT by ladyjane
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To: DesertRhino

“Liars…they knew.”
When Biden phoned Trump after the assassination attempt, he asked Trump, “Why did you turn your head?”

Guess the next time, they’ll want to find a way to prevent Trump from making any unanticipated body movements, so that the shooter can get in a clean shot.

As Obama once said, “Trust Joe to always f$&k things up.”


18 posted on 07/18/2024 8:16:41 PM PDT by RAldrich
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To: grundle

Interesting.

bump


19 posted on 07/18/2024 8:16:48 PM PDT by logi_cal869 (-cynicus the "concern troll" a/o 10/03/2018 /!i!! &@$%&*(@ -)
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To: DesertRhino

“CNN went live for a rally for the first time.... they knew.”

They show up at pre-dawn no-knock raids of Republicans with satellite trucks proving your point.


20 posted on 07/18/2024 8:18:38 PM PDT by WeaslesRippedMyFlesh
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