There are still so many unanswered questions about the assassination attempt against Trump last weekend, and now some very curious stock movements the day before the shooting are fueling suspicions about just how unexpected it actually was.
The unusual market activity was seen in the stock of former President Donald Trump’s company, Trump Media & Technology Group Corp (DJT), which trades on the NASDAQ stock exchange. It encompasses Trump’s social media platform, TruthSocial and video streaming.
It turns out that the stock was shorted rather heavily the day before the assassination attempt. In fact, short positions against the stock doubled between July 1 and July 12, from 7 to 15 million shares, marking a share shorting record for the stock since it made its NASDAQ debut.
This means that a number of businesses or individuals were anticipating a considerable drop in the value of the stock by Monday, July 15 – which very well could have happened had Trump died as a result of the shooting. This is prompting concerns that there may have been people with advance knowledge of a plot against him that was expected to be carried out over the weekend and that these people were looking to profit from it.
Data from TMTG Corp., meanwhile, showed a day trading high for July 12 – the day before the Pennsylvania rally – of $15,638.32; the previous day’s high was just $30.31. An increase of 801% in one day is something that certainly deserves closer scrutiny.
Finbold reported that the Texas-based financial planning company Austin Private Wealth, LLC, bought put options on 12 million shares of DJT the day before the shooting, which is something that looked questionable despite some traders believing the stock is generally a good target for shorting given its scale and timing. It’s also the biggest short position the company has ever taken.
After the story attracted a lot of attention and speculation, the company issued a statement claiming the whole thing was nothing more than a clerical error that arose when “a multiplier was applied by a third-party vendor that increased the number of the shares by a multiple of 10,000 for all options contracts (not just DJT).”
"We deeply regret this error and the concern it has caused, especially at such a fraught moment for our nation,” the statement added.
It is worth noting that something similar happened on September 11, 2001, when there were some significant bets placed against major airline stocks like United Airlines and American Airlines the day before the horrific attacks on our nation. This would indicate that investors may have been tipped off about the impending attack; the airlines experienced considerable losses after the events of that day.
Lots of questions and speculation about assassination attempt
This is just one of several aspects of the assassination attempt that is raising questions.
Many of the Secret Service’s actions and decisions on that day don’t add up. For example, it has emerged that the shooter, 20-year-old Thomas Crooks, was spotted by local law enforcement at least half an hour before he started firing shots. He was seen scoping out the roof and even had a rangefinder on him, and although an officer photographed him and flagged him to higher-ups, no one went out of their way to track him down and stop him.
Moreover, snipers were reportedly placed inside the building from which the shots were fired. The Secret Service said that they were stationed there instead of on the roof because the roof was sloped, even though their snipers were photographed on a nearby sloped roof on the same day – and it apparently wasn’t too sloped for the untrained 20-year-old shooter to navigate it well enough to fire off shots at Trump, killing a man in the crowd and seriously injuring two others.
Sources for this article include:
Please contact us for more information.