Free Republic

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...

𝐁𝐑𝐄𝐀𝐊𝐈𝐍𝐆: Austin Private Wealth with CONNECTIONS to the Bush family shorted 12M shares of $DJT via a put option on July 12, just ONE DAY before the assassination attempt. Did the Bush's know something was going to happen to Donald Trump? This massive trade represents 6% of total shares and over 16% of the float, given Trump’s 60% ownership. Their $1B AUM makes this a significant bet. Austin Private Wealth is connected to the Bush family through James A. Baker III, a Senior Policy Director with longstanding ties to the Bushes, having served as Secretary of State under George H.W....

Former President Donald Trump just landed another $1.8 billion worth of stock in the corporate owner of Truth Social. Trump Media & Technology Group disclosed the windfall for Trump in a filing Tuesday, saying the former president has received another 36 million shares in the company. That bonus, known as “earnout” shares, was triggered by the company’s share price staying above certain levels. Trump Media said in the filing that on April 26 it officially determined the performance criteria “had been satisfied” and Trump was “subsequently issued the Earnout Shares.” At current prices, those new shares are valued at approximately...

Trump Media CEO Devin Nunes in his letter to [Nasdaq CEO] Friedman did not directly accuse anyone in particular of naked short selling, which is the [short] sale of stock without first having borrowed [the stock] for that purpose...But Nunes noted that as of Wednesday "DJT appears on Nasdaq's 'Reg SHO threshold list,' which is indicative of unlawful trading activity."..."This is particularly troubling given that 'naked' short selling often entails sophisticated market participants profiting at the expense of retail investors," Nunes said.

Trump Media, in an update to a FAQ on its website, provided tips to shareholders on how to avoid their stock being loaned out for short selling...The tips come as the share price of DJT has plunged since March 26, when the company that owns the Truth Social app began being publicly traded...Trump Media's biggest shareholder is Donald Trump...