Investment firm says massive short of Truth Social stock before Trump shooting was ‘filed in error’

News.com.AU ^ | 7-19-24 | Frank Chung

[MarlonRando]

A Texas-based wealth management firm has apologised for a clerical error that gave the appearance it took a massive short position on shares in Donald Trump’s social media company just before Saturday’s assassination attempt.

The Securities and Exchange Commission (SEC) filing by Austin Private Wealth dated July 12 showed the firm had shorted 12 million shares in Trump Media & Technology Group Corp (DJT) via a put option, sparking frenzied conspiracy theories after the unusual trade was highlighted by a number of social media users.

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TOPICS: Business/Economy; Computers/Internet; Conspiracy; Education
KEYWORDS: 202407; 20240712; assassinationplot; assassinationplots; austin; austinprivatewealth; clericalerror; djt; frankchung; iquestionthetiming; jtc; politico; sec; trump

[MarlonRando]

This article is over a year old, but I am just now finding out about it. If the moderator wants to delete it then go right ahead. But I did a search and I couldn’t find it on free Republic so I thought I’d post it. Apparently, right before Trump was shot, the investment firm that handles the stock investments for the Bush’s and Cheney’s sold 12 million shares of truth social stock. Then, after he survived, they said oops, that was a clerical error and we would like our stock back, please. Politifact tells us that this conspiracy theory is false, because it was a clerical error and they just wanted their stock back:

https://www.politifact.com/factchecks/2024/jul/25/instagram-posts/no-austin-private-wealth-did-not-short-12-million/

I just find this unbelievable, and like I say, I don’t remember ever hearing about this.

[KingLudd]

I heard about it then and wasn’t surprised at all. Also, I wasn’t surprised it wasn’t a bigger deal then. Half of the country seems to be just fine with collusion and death and murder.

[ponygirl]

I remember hearing it, but thought it was just a rumor, since I never saw any follow-up. Thanks for posting.

[reasonisfaith]

Hard to believe this kind of thing could be done in error.

Even harder to believe the Bush-Cheney gang didn’t want to get rid of Trump.

[9YearLurker]

I don’t either. But co-managing director/founder looks like a Frenchie globalist type: https://austinprivatewealth.com/our-story/team

[MarlonRando]

I’ve never heard of a reputable company selling all of their shares on an oopsie

[reasonisfaith]

Everyone involved in the Trump assassination attempt, and the other Trump assassination attempts, should be brought to justice.

Same with all those who had any knowledge before the fact.

[lgjhn23]

“Error’, my arse.
They were somehow tipped off in advance.
Needs to be fully investigated, and one just might find a solid tie back to some of our communist “friends”.

[HereInTheHeartland]

Did they actually sell the shares; or simply fill out a form wrong?

[philman_36]

https://freerepublic.com/focus/f-bloggers/4252323/posts

https://freerepublic.com/focus/f-bloggers/4252433/posts

https://freerepublic.com/focus/f-chat/4255603/posts

There are probably more.

[T.B. Yoits]

Send them to Guantanamo Bay. They’ll tell who tipped them off.

[laconic]

And it was also an “error” when LBJ aide Bill Moyers (late of PBS) instructed the Secret Service to remove the bullet proof top from the Presidential limousine in Dallas.

[MarlonRando]

thanks. I did a title search so I guess that isn’t the best way to search for old articles. Thanks. Still, the way the media works, I’m just now hearing about this anyway.

[HereInTheHeartland]

“ The correct holding amount was 12 contracts, or 1200 shares — not 12 million shares”

Ok so they sold 1,200 shares not 12 million.
And when the trade was reported extra 0’s were added.

[philman_36]

Through Google...force it! “filing by Austin Private Wealth site:freerepublic.com”

[MarlonRando]

if President Trump had died, they sure as hell wouldn’t have asked for their money back

[Deaf Smith]

Shows the depth and width of the conspiracy to assassinate Trump and even to make quick money should Trump die.

[cuz1961]

Wow, they must be having rico nightmares

Or tribunal ones.

😁 Good.

[desertsolitaire]

Do you think that we will ever get details and a straight revelation of how those assassination attempts really were planned and attempted? Collusion shown or too many cut outs and power to silence would-be whistleblowers?

[silent majority rising]

12 million shares filed in error? Seriously?