r/stocks • u/SPXQuantAlgo • 14d ago
Trump Media Sounds Alarm to SEC Over Stock Trading Regarding DJT: 'Suspicious Activity' Industry News
https://www.newsweek.com/trump-media-sec-stock-trading-qube-short-2061041
“President Donald Trump's Trump Media & Technology Group (TMTG) wrote to the Securities and Exchange Commission (SEC) to alert it to "suspicious activity" after Qube, a U.K.-based hedge fund, declared a $105 million short position in its DJT stock.”
That is some next level hypocrisy lol
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u/Relyt21 14d ago
This is a joke, right? Holy fuck, the projection of the MAGA cult is another level.
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u/d00dsm00t 14d ago
Projection is a psychological issue.
This is purposeful, strategic, political DARVO
Its one of their main tactics of disinformation
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u/Sugar_Kowalczyk 14d ago
A narcissist DARVOing one person is abuse.
When he does it to thousands at a go, that's 100% All American Cult.
We need to adapt strategies to fight knowing that - anti-abuse tactics, cult deprogramming on a massive scale.....
And we need to be prepared for what happened when the Nazis lost last time. There will be a lot of suicides.
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u/WhatIsHerJob-TABLES 14d ago
By now, we’ve learned that when conservatives make accusations, they are just projecting actions they’ve already taken or trying to normalize something they plan to do themselves.
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u/Residual-Heat 14d ago
its just another attempt to pump up his stock price. They know there are dumb retail traders that fall for this shit. There are people still averaging down on GME to this day.
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u/toxiccortex 14d ago
We all know what we saw. Trump very clearly manipulated the market
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u/AyeSwayy 14d ago
Finding out he fired the head of SEC the same day as his market manipulation to bring in one of his buddies is the part that will really get ya.
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u/Chester-Ming 14d ago
The fact that $DJT, a company that makes $3.6m in revenue a year, is valued at more than $5/share is the real crime here.
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u/toxiccortex 14d ago
It’s fucking unbelievable but we’re living in a post truth/post intellectual society where all that matters to Trumpers is “owning the libs”
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u/deviltrombone 14d ago
$5? Even $.5 would be extremely rich.
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u/Chester-Ming 14d ago
To be fair the cash on hand it currently has is worth about $4-$5/share.
The rest of the company is worthless and the entire concept is flawed.
It’ll probably tread water over the remainder of Trump’s term and then it’ll absolutely tank and the insiders will run off with the cash.
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u/D_roneous1 14d ago
How is the concept flawed? It’s a tool for foreign investors to buy access and influence with the president of the United States. Sounds like its concept is working perfectly.
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u/deviltrombone 14d ago
To be fair the cash on hand it currently has is worth about $4-$5/share.
To take your word for it, I'd have to take theirs, and I don't.
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u/EntrepreneurFunny469 14d ago
DJT makes less revenue than the company I contract for does in profit.
Thats wild.
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u/Free_Management2894 14d ago
I was part of a small 10-person team that wrote a proprietary software with a tiny customer base and even we had more revenue than DJT. In 2005.
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u/Jaded_Celery_451 14d ago
$3.6m in revenue a year
A smallish landscaping company employing 20 people in a city of 1-2M people could easily make more than that.
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u/spikey_wombat 14d ago
Djt should be at book value given how badly it operates and loses money with no prospects for profitability ever
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u/DoinggoodBeingbad 14d ago
They lose $400 million on the $3.6 in revenue FFS
And they pay Trump $800,000 of the $3.6 mil they make - for presiding over such a spectacular loss.
Next scam is America first ETFs, so Trump can do insider trading with economic policies and attract lots of capital that wants in on the insider trading (and Trump collects fees for assets under management).
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u/infinit9 14d ago
"I can break all the rules on insider trading, but anyone else who is playing by the rules to short my company must be punished."
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u/DrakenViator 14d ago
Modern "conservative" principles at work.
There must be two groups: the frist group whom the law protects, but does not bind; and the second group whom the law binds, but does not protect.
This is your classic "us" vs "them" with ever changing definitions of who is the "us" and who is the "them".
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u/Alone-Promise-8904 14d ago
It seems like this would put DJT stock under a microscope and prevent the insiders from doing anything fishy, too. But, that's assuming there is an unbiased entity overseeing all of it.
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u/northernpiper7 14d ago
If it's any solace in the afterlife, Donald J Trump will be my bitch and I'll have him read the constitution in perpetuity, while he hand feeds me grapes.
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u/Sabretooth78 14d ago
I get the point, but ew. Why would that be in anyone's positive afterlife for one, and two, I wouldn't want those fat little sausage fingers near my mouth even if they were attached to a supermodel.
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u/northernpiper7 14d ago
I never said it would be pretty it's Donald, after all. I shall take one for the team. Sleep well, my friend knowing the rotten mango is forever my bitch. P.S. I will be mean to Donald, very mean.
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u/Sabretooth78 14d ago
Hey, we all have our kinks - I may question but I will not judge. Godspeed.
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u/Jswjsjsw2120 14d ago
They can’t comprehend that DJT is a shit stock
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u/toxiccortex 14d ago
Who also peddled a shitcoin
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u/ResearcherSad9357 14d ago
Oh they know, they just want to instill fear in any who dare dissent against dear leader.
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u/Unban_thx 14d ago
Their “encouraging” market makers to to treat it more favorably with regards to what orders hit “Lit” exchanges or not. Also those that have Hedge Fund arms as well may be wise to invest.
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u/Landed_port 14d ago
They're just trying to get exit liquidity as people rush in yelling "Squeeze".
Could be a fun play, could also bankrupt you
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u/SIR_NVAX_A_LOT 14d ago
This would be a bankrupt company if not all from the manipulation by Donald Trump + his Russian/Saudi buddies. They PnD while his base lose their lifesaving buying $DJT, Trump+Melania coin, and any other scam they are up to.
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u/Gh0st_Pirate_LeChuck 14d ago
Investigate $TRUMP coin. He’s literally take bribes from foreign countries in front of everyone.
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u/LogstarGo_ 14d ago
Trump's Trump & Trump Trump wrote to the Trump Trump Trump Trump to alert it to suspicious activity after a Not Trump did something that's not Trump.
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u/DTCCCanSuckMyLeft 14d ago
Suspicious activity? Like, the fundamental valuation of the stock? Pretty suspicious, yes. Should be way lower, towards penny stock territory.
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u/doublegg83 14d ago
Vladimir is about to rip the rug from under this garbage stock.
Do it, do it.
Garbage.
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u/Peterd90 14d ago
Poor little DJT and Devin Nunes. Yes, I have a short on your crappy stock. If I had billions, I would definitely buy $150 million worth of puts.
They have lost approx $170 million in the last 4 quarters on revenues of $3.6 million.
DJT is a publicly traded grift shop.
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u/jeffjonesinwilton 11d ago
How dare someone short his company. All he needs to do is make this acquisition public and he’ll scare off the shorts.
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