DJT Stock Shorted Day Before Assassination Attempt

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DJT Stock Shorted Day Before Assassination Attempt - Encounter Today - Blog

An interesting pattern in Trump Media shares (NASDAQ: DJT) has raised concerns that there may be some who were tipped off about a plan to assassinate former President Trump.

DJT shares soared 32% ($46) in the early trading hour on Monday, July 16 after the failed assassination attempt on former President Donald Trump’s life.

The shares were up a whopping 49% from the previous session’s close.

This reveals that large organizations and/or individuals were waiting for a drop in the stock’s value which would have come into fruition if the assassination attempt on former President Trump had been successful.

*Please note: Short selling is a financial practice which comes as an expression of belief that a specific stock will see a decrease in value. This practice involves borrowing a security, selling it on the open market, and then buying it back later at a lower price to return to the lender, thus profiting from the difference.

Austin Private Wealth (APW), a Texas based investment company, shorted 12 million shares of Trump’s $DJT stock before his attempted assassination whilst also shorting 34 million Rumble shares.

Fascinatingly, the largest stakeholders in Austin Private Wealth LLC are BlackRock and Vanguard.

This story’s connection to BlackRock is of peculiar interest seeing as the company featured the shooter who attempted to murder President Trump in a now-deleted ad.

BlackRock has since condemned the assassination attempt as “abhorrent” and “awful.”

APW addressed concerns about rumors circulating online stating:

“The SEC filing which showed that Austin Private Wealth shorted a large number of shares of Trump Media & Technology Group Corp (DJT) was incorrect and we immediately amended it as soon as we learned of the error.”

The company held 1,200 shares in the $DJT stock and not twelve million as was seen in the SEC filing.

APW blamed a “third party vendor” for multiplying all options contracts by 10,000 and on July 16, they had the filing amended.

“We deeply regret this error and the concern it has caused, especially at such a fraught moment for our nation,” APW said, we’re “reviewing our internal procedures” to prevent this in future.

This type of situation isn’t the first time this has occurred either. The day before the September 11, 2001 terrorist attacks took place in New York city, United Airlines and American Airlines both saw bets placed against their stocks.

These airlines experienced severe losses after the attacks took place.

Investigations followed and exposed how investors had been tipped off beforehand.

Coincidence?

In the case with the DJT stock, only time will tell.

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Tags: DJT Stock Shorted Day Before Assassination Attempt, DJT Stocks, Donald Trump, President Trump Assassination Attempt

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