$DJT's stock is going to initiate the exposure and squeeze of all squeezes.
Devin Nunes provided the spotlight and put the fraudulent security exchange commission and the Nasdaq on notice last week about the naked shorts taking place on $DJT.
Background on what is taking place with failure to deliver and naked shorts: https://www.youtube.com/watch?v=I0WXg5T3cBE
What we know:
- Failure to Deliver Data: https://catalog.data.gov/dataset/fails-to-deliver-data
- https://nasdaqtrader.com/trader.aspx?id=RegSHOThreshold
- Cost to Borrow ~500%+
What this means: The float of DJT stock is hugely in the hands of Trump, founders and retail. There are very limited shares available to trade. However, the TDS that exists has created a disproportion of fraud to take place since there was a massive incentive for bad actors - e.g. Citadel to loan fake shares to those who wanted to short it due to the high interest costs.
Since the IPO last month, there were millions upon millions of failure to deliver shares. A broker is required that secure the shares that a person has bought within 35 days, if they are unable to secure the purchased shares during the day that the trade took place it is marked as a failure to deliver. Since the float of DJT is incredibly locked up there are a significant amount of failure to delivers that these brokers must reconcile starting at the end of this week.
There was such a high cost to borrow, that the FTD shares that do not exist were loaned out to shorts (e.g. Naked short).
This is a pressure cooker that is building and the time has run out. The broker dealers are going to be exhausting all capital to reconcile FTDs starting April 25th. This is required by law and they cannot maintain FTDs for over 35 days.
DJT has been on the Nasdaq SHO FTD list for 15 days now. Meaning that the broker dealers have failed to reconcile these FTD shares. This is a BIG amount of time and with the high cost to borrow and naked shorting that has taken place it is highly suspect and the price has been driven down to a level that is not possible without massive amounts of manipulation and naked shorts.
Expect the snap back to trigger by the end of this week. FTDs must be found/purchased and since naked shorts took place Rule 204 requires all naked shorts to be reconciled and be blocked that had taken place on those FTD shares.
Nunes' timing to put the shorts and SEC on notice was a spotlight for what is about to trigger. Keep an eye on this, as it is pointing to the bad actors that they are trapped and the only way to exit is by blowing up the stock price to MOASS - GME x 100 levels. Get ready frenz because its about to start and with it, we will see all the corruption exposed.
I sure hope this happens but this sounds like almost the exact write up I’ve seen on GME a couple years ago, and all of it was supposed to come to light turned out to be a big ol dud.
Dry runs / war games are like that.