$Trump Media & Technology(DJT)-To The Moon - Tiger Brokers Online Investing Community - To The Moon

$Trump Media & Technology(DJT)$

Was Trump Media stock, $DJT, being targeted?

On April 19th, Trump Media alerted the Nasdaq about market manipulation from "naked" short selling of its stock.

Since then, over just 2 weeks, $DJT stock is up a massive 130% from its low and back above $50/share.

Naked short selling is a type of securities fraud which hurts the underlying stock.

This came after $DJT fell 70% from March 27th through April 16th.

The stock has moved in a STRAIGHT-LINE higher since they alerted the Nasdaq about the potential fraud.

What happened here?

We have yet to receive more information on the report of "naked" short selling.

However, the sudden rebound suggests that shorts were being covered.

It'll be interesting once we get some more information here.

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On April 19th, Trump Media alerted the Nasdaq about market manipulation from \"naked\" short selling of its stock. Since then, over just 2 weeks, $DJT stock is up a massive 130% from its low and back above $50/share. Naked short selling is a type of securities fraud which hurts the underlying stock. This came after $DJT fell 70% from March 27th through April 16th. The stock has moved in a STRAIGHT-LINE higher since they alerted the Nasdaq about the potential fraud. What happened here? We have yet to receive more information on the report of \"naked\" short selling. However, the sudden rebound suggests that shorts were being covered. 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