Personal Finance and Investing

cliffside

(195 posts)

4. Trump Media tells shareholders how to block their DJT stock being loaned to short sellers

Reply to Bernardo de La Paz (Original post)

Thu Apr 18, 2024, 10:15 PM

Apr 18

https://www.cnbc.com/2024/04/18/trump-media-tells-djt-shareholders-how-to-block-short-sellers.html

"...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 certainly shows concern” about short selling of Trump Media stock, said Kevin Murphy, a business professor at the University of Southern California who is an expert on executive compensation.

“I haven’t seen it before,” Murphy said when asked how common it is for companies to give shareholders instructions on how to thwart short sellers.

“Managers who ... think the stock is undervalued aren’t going to be overly concerned about short sellers,” he said..."

Edit history

Please sign in to view edit histories.

10 replies

= new reply since forum marked as read

Highlight:

DJT Bull Trap? [View all] Bernardo de La Paz Apr 18 OP

What do you think about buying put options on DJT? Hokie Apr 18 #1

I wouldn't do options on DJT. Too volatile and options are highly technical Bernardo de La Paz Apr 18 #2

yes, the delta is off the charts, and the stock is so subject to unforeseen exogenous shocks -- hard pass Celerity Apr 18 #3

Good advice Hokie Apr 27 #6

Trump Media tells shareholders how to block their DJT stock being loaned to short sellers cliffside Apr 18 #4

To those that think they can sell short DJT or buy Put options easily, A HERETIC I AM Apr 19 #5

You don't need shares to buy puts though Hokie Apr 27 #7

You're absolutely correct A HERETIC I AM Apr 27 #8

$49.08 would be a 62% log retracement of the fall from March high to April 16 low Bernardo de La Paz Apr 30 #9

Accounting Irregulaties Equals SELL Best_man23 May 8 #10