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PaperclipPerfector  1mo ago (text post)   38610 thread views

Culture War Roundup for the week of July 15, 2024

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It's being discussed a lot on twitter / x. Search for $djt short. I don't recognize the accounts posting about it and don't have the energy to verify anything right now.

https://x.com/ShadowofEzra/status/1813776823689326660

https://x.com/JHartley2/status/1813355170610266399

https://x.com/JohnnyTabacco/status/1813199373154586889

https://x.com/DiedSuddenly_/status/1813478521676738756

https://x.com/MMATNEWS/status/1813708636687831351

Some of those tweets are very bad. The one person talked about Blackrock and Vanguard ownership in the firm. From what I can tell they are quoting that that firm owns shares in etfs by Blackrock and Vanguard. Which is a nothing burger.

I can’t verify the RIA that supposedly had a big short. It feels off too. 13-F I can find online don’t have show it and was last updated end of June.

Cites I can find on google are not showing the same data on the short increase.

https://fintel.io/ss/us/djt#

And fwiw as I said before there was insider information that would encourage short sales. Trump worked out a deal to sell 2 billion worth of stock.

Edit: seems like firm in question gave an update that a client owned 12 puts and this was a data entry error.

Here's the message-.

That's one funny data entry error. I'd say it's even hilarious. And to someone from a country which isn't as blessedly innocent as the United States of America, it seems like an absolute crock of shit. What are the odds?

For the record, here are the photos of a Bloomberg terminal showing the original (mistaken :D) trade and then it being gone.

/images/17213139248603518.webp

This is a bad look for right twitter. If the guys smart enough to understand a Bloomberg then he’s also smart enough to understand there is no relationship with blackrock other than blackrock making 10 bps on some etfs they put in client accounts. They are actually saying that BlackRock owns this firm.

This is a bad thing when people are willfully lying to people. Especially when you have a lot of real things to fill up your twitter influencer accounts. This makes the right look grade school intelligence.

Yes, 'right twitter' is every random guy even if his bio gives zero indication of being right wing. List of the followers on that guy is absolutely not 'right twitter' either, it's 3 guys who are RW and the rest are various randos.

Most of the comments on twitter on the stocks issue are braindead and notice how I referenced not a single one except the guy who posted the terminal who isn't that bad.

It looks like though the date on the original filing was 6/30.

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