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Primary cause of 'naked' short selling in DJT stock identified by 2024 end
5
Resolution / Starting Odds
External Market Manipulation • 33%
Internal Mismanagement • 33%
Flaws in Regulatory Framework • 34%
Audit report release or credible financial news reporting the findings
Story
Trump Media Reports Suspected 'Naked' Short Selling of DJT Stock to Nasdaq
Apr 19, 2024, 01:09 PM
Trump Media has reported to Nasdaq concerns of potential market manipulation involving 'naked' short selling of its stock, identified by the ticker DJT. The company has seen its stock price rise notably, marking its best day in three weeks, and has advised shareholders on measures to prevent their shares from being loaned to short sellers. This strategy is aimed at curbing the impact of short sellers betting on the decline of the stock's value. Additionally, Trump Media's actions include a formal alert to Nasdaq about the suspected illegal trading activity, which could be detrimental to the stock's performance.
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Software error • 25%
Human error • 25%
Cyberattack • 25%
Other • 25%
Below $5 billion • 25%
$5 billion to $10 billion • 25%
$10 billion to $15 billion • 25%
Above $15 billion • 25%
Dismissed • 33%
Settlement • 33%
Formal charges filed • 34%
No action taken • 33%
Investigation initiated • 34%
Sanctions imposed • 33%
Sell some shares • 33%
Sell no shares • 34%
Buy more shares • 33%
No action • 33%
Minor penalties • 33%
Major penalties • 33%
Significant impact (over 5% change) • 33%
Moderate impact (1-5% change) • 33%
No significant impact (less than 1% change) • 34%
Losses increase by more than $1 billion • 33%
Losses remain under $1 billion • 33%
Short sellers gain • 33%
Increase by over 10% • 25%
Decrease by over 10% • 25%
Remain stable within 10% of current price • 25%
High volatility (multiple increases and decreases) • 25%
No action • 33%
Investigation launched • 33%
New regulations imposed • 33%