There's discussion on stock sites regarding the ticker being DJT, which was the one for Trump Casinos. Tons of shorting prior to bankruptcy. Possible those obligations will come due. MOASS if so. Here's what I read. I cannot validate. I have about 3,000 shares I bought at $32.
Trump Hotels/Casino once listed as $DJT, delisted following Ch.11 TMTG will be listed as $DJT. Has it been preserving naked shorts this entire time CUSIP? Cellar boxed? Reverse mergers result in change of CUSIP. This could be Yuge.
“CUSIP change could force the cover of NSS positons if the change is done in conjunction with a name change. It is my understanding that the mechanics of the CUSIP change (with name change) would effectively prevent trading shares of the old CUSIP # and would create an entirely new set of shares through the DTC. By doing this, the DTC is forced to account for ALL of the old shares exchanged for the new shares. Without the name change, the old shares would simply be renamed. With the name change, they are physically exchanged which will isolate phantom shares and force covering”
The result could be a MOASS(mother of all short squeezes). DWAC purchase of Truth Social was closed Friday. Name change coming this week or shortly after. Let's see is Trump laid a trap for the clever ones who game the market
I hope so. Be nice for all my stocks that have been shorted to be forced into a squeeze. I mean if one MOASS's then they all will. The margins would be to great to cover all their shorts.
Everyone who owns more than 5% has to file with the SEC. as a major stockholder.
Is there an app for that😝
Don't know.......
But probably.
There's discussion on stock sites regarding the ticker being DJT, which was the one for Trump Casinos. Tons of shorting prior to bankruptcy. Possible those obligations will come due. MOASS if so. Here's what I read. I cannot validate. I have about 3,000 shares I bought at $32.
https://theintercept.com/2016/09/24/naked-shorts-cant-stay-naked-forever/
Hypothesis re: DWAC converting to $DJT. Using same ticker as Trump Casinos whose stock was pushed down heavily by(probably) naked shorting.
https://theintercept.com/2016/09/24/naked-shorts-cant-stay-naked-forever/
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=82107281
Trump Hotels/Casino once listed as $DJT, delisted following Ch.11 TMTG will be listed as $DJT. Has it been preserving naked shorts this entire time CUSIP? Cellar boxed? Reverse mergers result in change of CUSIP. This could be Yuge.
“CUSIP change could force the cover of NSS positons if the change is done in conjunction with a name change. It is my understanding that the mechanics of the CUSIP change (with name change) would effectively prevent trading shares of the old CUSIP # and would create an entirely new set of shares through the DTC. By doing this, the DTC is forced to account for ALL of the old shares exchanged for the new shares. Without the name change, the old shares would simply be renamed. With the name change, they are physically exchanged which will isolate phantom shares and force covering”
The result could be a MOASS(mother of all short squeezes). DWAC purchase of Truth Social was closed Friday. Name change coming this week or shortly after. Let's see is Trump laid a trap for the clever ones who game the market
I hope so. Be nice for all my stocks that have been shorted to be forced into a squeeze. I mean if one MOASS's then they all will. The margins would be to great to cover all their shorts.
what's your concerns, Pumping and Dumping?
They may try to drive it down so Trump doesn’t get his additional $2B. I think supporters will keep the price up though.
when the CAT goes live
https://www.sec.gov/divisions/marketreg/rule613-info
So that mean we can dig after tomorrow? This will be glorious- you know some Never Trumpers and liberals bought stocks
5/31/2024 end date
we have 2 months.
F@ck I love you pedes - No Diddy.