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  4. Trump Media and Technology Group Corp. (DJT) Message Board

DJT IS BEING NAKED SHORTED. They pumped it up on

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Post# of 189
(Total Views: 279)
Posted On: 04/20/2024 12:57:09 PM
Posted By: dw
DJT IS BEING NAKED SHORTED.
They pumped it up on friday so they can start again monday to garner even more $$$ starting monday.
Mark my words.........
By next week they will take it down to low 20's and then next friday pump it up for the next week......
SCAM ALERT! THIS IS CLASSIC NAKED SHORTING!

Brokerage firms may facilitate short selling in DJT’s shares by lending DJT’s shareholders’ shares held in margin accounts. Through this practice, brokerage firms earn an alternative source of revenue by “lending” shares to sophisticated and institutional investors who are betting that the price of the particular stock will decrease over a period of time. If the price of the stock in fact decreases, then the brokerage firm and the sophisticated and institutional investors will have made a profit, while the ultimate retail investor has not.

For long-term shareholders who believe in the Company’s future, the Company is highlighting the following actions you can take with your brokerage firm to prevent the lending of your shares for short selling:
HOW TO PREVENT SHORT SELLING!
1. holding your DJT shares in a cash account at your brokerage firm instead of a margin account (a model instruction letter is set forth under the heading “Example Form of Letter to Broker” below); or
2. opting out of any securities lending programs, which should stop your broker from lending your shares; or
3. moving your shares to Odyssey Transfer and Trust Company, the Company’s transfer agent (please note that you may incur certain costs in connection with any such transfer and once your shares are moved to our transfer agent, your ability to timely transfer your shares back to a brokerage firm and sell may be a longer process); or
4. transferring your shares to your bank (if they have custody services) and holding them in your retirement account (if permitted by your plan).


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