Categories
Uncategorized

TMTG posts “tips” on how to avoid lending shares to short sellers

Trump Media and Technology Group’s investor site FAQ page now includes a section on “How do I prevent my shares from being loaned for a short interest position? 🎯” in a plainly desperate attempt to stop $DJT’s bleeding, which is down 63 percent (even after a minor bounce) from its debut on the NASDAQ just over three weeks ago, per CNBC, who report that the “FAQ” was added Wednesday.

“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,” which is the whole goddamned point of shorting it, lol.

They even go through all the tips like moving shares to “Odyssey Transfer and Trust Company, the Company’s transfer agent,” which we’re sure is on the up and up and not connected to the Kremlin at all, or writing a form letter reading include a form letter to a brokerage reading, “Dear Sir or Madam: Please accept this written instruction to make sure that the following securities are held in my cash account only and accordingly are not available for any stock loan activities. I hereby expressly opt-out of any securities lending programs and instruct you to not loan out any of my shares. Securities: [Number] shares of Trump Media & Technology Group Corp (DJT) and any DJT shares subsequently acquired. Please confirm receipt and compliance with this request.”

Shot in the dark here: The vast majority of the shareholders are MAGA meme stock assholes with at most a few hundred bucks’ worth shares. Fanboys who didn’t use an actual brokerage and purchased their shares on a massive, monolithic platform like E*Trade or something that requires too many annoying steps to move their stock out of the interest-earning loanable buckets – even probably incentivizing them against it with small bonus credits to continue playing the market.

Or something like that. Whatever the real financial-world implications are of TMTG’s lame attempts at defeating shorting, CNBC seems to be implying that this FAQ isn’t something normal publicly traded companies do, as they don’t list any similar historical examples. They do however quote some Wall Street bro saying shorting $DJT is HOT right now, even with only 5 million out of 136 million shares available for the position. “What I’m hearing on the Street is that if [an amount] of stock becomes available, shorts are taking it down,” said S3 Partners’ Ihor Dusaniwsky.

Created by potrace 1.16, written by Peter Selinger 2001-2019

WATCH LIVE: Orange God Emperor addresses his supplicants

10 hours ago

Fannie Man tries again on Letitia James criminal referrals

10 hours ago

Mortgage rates hits 6.43 percent

11 hours ago

Corey Lewandowski evidently declines firing from government

11 hours ago

Seven Chinese dognapping victims escape butcher, journey home

12 hours ago

White House turns down Ketamine Brain’s offer to pay TSA

13 hours ago

Senate GOP still pretending on SAVE Act: Watch live

13 hours ago

Regime “settles” with Mike Flynn

13 hours ago

Jaydee’s Budapest Blast set for April 7-8th

14 hours ago

WATCH LIVE: Karoline’s Kampf

16 hours ago

Fourth Musketeer’s skeleton possibly found in Netherlands

17 hours ago

Fat idiot adds misplaced apostrophe to self-contradictory lie

18 hours ago

Fox News guy not cutting Jesus Dork any slack, at all

18 hours ago

White House oligarch council named

19 hours ago

“Lol, no”: Iranians on Trump ceasefire offer

20 hours ago

Farm bailout champion alleges Blue States using food stamps and other welfare benefits to buy voters off and keep Dems in power

21 hours ago

Military officials brief toddler with video reel of “stuff blowing up”

22 hours ago

Raskin says Trump had financial motive for stealing docs

23 hours ago

Unintelligence official accuses Mike Flynn, etc of treason

24 hours ago

Dem flips Palm Beach Florida state House seat

1 day ago

Orange Man endorses Orban, again, for like the third time this year

1 day ago

John Brennan under criminal investigation

1 day ago

North Carolina state Senate President concedes primary defeat

2 days ago

Top Box-o-Wine lieutenant admitted there’s no case against Powell

2 days ago

WATCH LIVE: Markwayne sworn in as second choice after Noem

2 days ago

Florida lawmakers end session before banning synthetic opioid

2 days ago

Ted Cruz hails the courage of Republican Senators who stood up to corrupt, dangerous president and forced him to resign in shame

2 days ago

Steve Bannon gets excited about deploying ICE for midterms again

2 days ago

Delta suspends special Congressional fast lane

2 days ago

Cornhole amped to piss away $200 billion on another forever war

2 days ago

Groomer just completely screwed in Tennessee GOP gov primary

2 days ago

Trump to host notorious Jeffrey Epstein accomplice’s brother

2 days ago

Couchman outraged at air travelers mocking, heckling ICE agents

2 days ago

Jaydee privately rips into Netanyahu over West Bank settler rioting

2 days ago

Fat Hitler votes by mail, again

2 days ago

Bloomberg reports lobster in life vest a symbol of business peril

2 days ago

You’ll never guess who cut off a dead raccoon’s cock and saved it

2 days ago

Oversharing online in 2026: Is now the time?

2 days ago

Regime paying French company $1 billion to not build wind farms

3 days ago

WATCH LIVE: SAVE Act kayfabe continues

3 days ago

Kalshi to ban athletes and politicians from platform

3 days ago

Top AIPAC donor, OnlyFans founder dead at 43

3 days ago

Frau Ingraham says paying TSA an unacceptable surrender

3 days ago

Orange God Emperor skipping mass cult gathering

3 days ago

Quadruple amputee arrested for shooting passenger dead while driving: DC CBS affiliate that also says suspect a “cornhole player”

3 days ago

Trump headlines some bullshit “safety” event: Watch live

3 days ago

“Linda in Arizona” came up with ICE at airports idea

3 days ago

Charlie Kirk’s “mentor” dead of “freak” pickleball accident at 76

3 days ago

WATCH LIVE: Orange Mental Patient yells at reporters

3 days ago

Welsh drug dealer told to turn self in during normal business hours

3 days ago

x
x
x
x
x
x