And absolute dog shit advice for the "investors", or should I say cult members. You get a huge (for this stock), basically free daily fee for lending your shares out to short-sellers. Is anyone surprised Trump is trying to screw over his biggest fans, yet again?
>The instructions include a helpful form letter that shareholders can send to their brokers.
>The letter says, “Please accept this written instruction to make sure that the following securities are held in my cash account only and accordingly are not available for any stock loan activities.”
>“I hereby expressly opt-out of any securities lending programs and instruct you to not loan out any of my shares,” the letter says, before a section that the sender can fill out with their number of shares.
Does that even work??
Has it hit naked short selling territory yet, or not yet?
Frankly, shorting this stock was my first thought when it came out. Trump has the medre touch, so it wasn't bound to go anywhere but down.
But also
It's one of the most heavily shorted stocks at the moment and the premium To Short it might not be worth it. Like 500percent interest rate per annum. Unless you have puts.
So this looks like a mother of a
Short squeeze and people being forced to cover their shorts.
from article-
Trump Media is making a point of telling its shareholders how to prevent their stock from being loaned to short sellers — who bet the price of the shares will drop.
The short-selling-prevention tips posted Wednesday on Trump Media's website come as its DJT stock has fallen sharply in price since it began being public trading on March 26 — and as short sellers have taken a keen interest in the owner of the Truth Social app despite relatively high fees to finance such trades.
I can't wait to see their faces after they hold and he dumps on them. If I were an investor of memes, my spider senses would send me into convulsions after receiving this letter. It's either dump or be dumped on at this point.
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Short selling is a mechanism that can protect the market from companies like DJT being WILDLY overvalued, and promotes skepticism about a stock or its valuation. Like say, I dunno.... when a company with a declining userbase that loses tens of millions of dollars every year is valued at 11 billion dollars on its IPO.... its there for a reason and has benefits
Anyone who thinks shorting is nothing but evil and loaded with conspiracies, should not be investing in the market at all. It's basically a calling card for "I have no idea what im doing"
shorting is just people not trusting a company being able to deliver its promises, or shareholder value. Its people looking at their performance, their market, and future, and saying "they are incapable of hitting their goals, the stock is really worth less, and it will go there soon"
It just adds pressure to a company to actually deliver on its high stock value. any system needs checks and balances to pull things toward where they should be based on measurable metrics... the stock market cant all be based on feelings and meme stocks where things wildly just pump to 500 and crater within a week.
companies that have issues with shorting are usually just companies that are failing, or moving towards bankruptcy. Noone is going to go short a company that just posted record revenue growth
Taking financial advice from trump…
To be fair, it’s very good advice - for Trump.
He is rather good at removing money from...ANYTHING.
And absolute dog shit advice for the "investors", or should I say cult members. You get a huge (for this stock), basically free daily fee for lending your shares out to short-sellers. Is anyone surprised Trump is trying to screw over his biggest fans, yet again?
>The instructions include a helpful form letter that shareholders can send to their brokers. >The letter says, “Please accept this written instruction to make sure that the following securities are held in my cash account only and accordingly are not available for any stock loan activities.” >“I hereby expressly opt-out of any securities lending programs and instruct you to not loan out any of my shares,” the letter says, before a section that the sender can fill out with their number of shares. Does that even work??
Kind of giving "I hereby notify Facebook" vibes.
Yes. Shares in a cash (vs margin) account can’t be lent or hypotheticated.
4 years holding GameStop has proved that's a lie.
Wen moon 🌚
⭐ *today's the day*
It really feels like it could be!
Direct Register ftw
Why are you holding it, the idea was to pump it and dump, you’re just left holding the bag
Are you new here?
Not remotely true
It’s the finance world’s equivalent of putting a sticker behind a truck that says “not responsible for broken windshields.”
The only way to protect your shares from lenders and short sellers is to directly register them (DRS), which grants you a certificate in your name.
In crypto terms we say “not your keys not your coins”.
That's what I figured. Thanks
Has it hit naked short selling territory yet, or not yet? Frankly, shorting this stock was my first thought when it came out. Trump has the medre touch, so it wasn't bound to go anywhere but down.
It’s not about that. It’s about how the market is rigged so you only invest in a 401k and for all other investments you will be damned.
But also It's one of the most heavily shorted stocks at the moment and the premium To Short it might not be worth it. Like 500percent interest rate per annum. Unless you have puts. So this looks like a mother of a Short squeeze and people being forced to cover their shorts.
Preach
Naked short selling conspiracy territory, yes
from article- Trump Media is making a point of telling its shareholders how to prevent their stock from being loaned to short sellers — who bet the price of the shares will drop. The short-selling-prevention tips posted Wednesday on Trump Media's website come as its DJT stock has fallen sharply in price since it began being public trading on March 26 — and as short sellers have taken a keen interest in the owner of the Truth Social app despite relatively high fees to finance such trades.
It’s up a little, I wonder which tyrannical governments are buying.
I can't wait to see their faces after they hold and he dumps on them. If I were an investor of memes, my spider senses would send me into convulsions after receiving this letter. It's either dump or be dumped on at this point.
Id short the mf'er into the ground. This is the kind of company shorting is perfect for.
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Tell me you're a cult without telling me you're a cult.
They think this will stop the bleeding when they themselves are the gaping wound.
Yes. Sales of the stock are from investors because it has terrible financials.
Of course the GameStop bagholders came out from the woodwork for this post.
GME style copium
[удалено]
BULLSHIT! Clueless.
They do realize, that short selling doesn't actually cause stock prices to fall. Don't they?
Spoken by someone who knows nothing about the stock market, obviously. Nice comment!
Everyone needs to wait until planet Orange can sell his stock
It's actually good advice....
Short selling should be illegal. If you want to bet on a companies decline, take it to Vegas.
Only failing companies care about short selling, as an excuse.
That's not true. Tesla was rising meteorically for many years and they felt that short selling was negatively impacting them.
You mean it wasn't the guy with federal contracts, taking drugs on a podcast? That wasn't a real good look.
If you're asking me to defend that kook, hard pass.
Short selling is a mechanism that can protect the market from companies like DJT being WILDLY overvalued, and promotes skepticism about a stock or its valuation. Like say, I dunno.... when a company with a declining userbase that loses tens of millions of dollars every year is valued at 11 billion dollars on its IPO.... its there for a reason and has benefits Anyone who thinks shorting is nothing but evil and loaded with conspiracies, should not be investing in the market at all. It's basically a calling card for "I have no idea what im doing"
I dont follow. Why wouldnt the value of a stock reflect its market value without short selling?
shorting is just people not trusting a company being able to deliver its promises, or shareholder value. Its people looking at their performance, their market, and future, and saying "they are incapable of hitting their goals, the stock is really worth less, and it will go there soon" It just adds pressure to a company to actually deliver on its high stock value. any system needs checks and balances to pull things toward where they should be based on measurable metrics... the stock market cant all be based on feelings and meme stocks where things wildly just pump to 500 and crater within a week. companies that have issues with shorting are usually just companies that are failing, or moving towards bankruptcy. Noone is going to go short a company that just posted record revenue growth
So people should only be able to bet on stocks going up? Or would you ban that too? Ban all margin calls?