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Yo_Mama_Been_Loggin

(108,192 posts)
Wed Apr 24, 2024, 08:37 PM Apr 24

Trump Media CEO begs congressional Republicans to investigate short sellers

Trump Media CEO Devin Nunes is begging his former GOP colleagues in Congress to investigate ‘DJT’ short sellers.

In the Tuesday letter to Congressmen Gym Jordan (R-OH), Patrick McHenry (R-NC), and other top committee chairs, Nunes asked the House of Representatives to look into allegations of illegal “naked” short selling, a practice where a stock is shorted without borrowing the asset.

“We assess there are strong indications of unlawful manipulation of DJT stock,” Nunes said in the letter, which was filed with federal regulators. “I respectfully request that you open an investigation of anomalous trading of DJT to determine its extent and purpose, and whether any laws including RICO statutes and tax evasion laws were violated.”

Nunes previously asked the CEO of the NASDAQ exchange for a crackdown on what he called “potential market manipulation” by major Wall Street players, including Citadel Securities, who did not take the accusations kindly.

https://www.salon.com/2024/04/24/media-ceo-begs-congressional-to-investigate-short-sellers/

7 replies = new reply since forum marked as read
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Trump Media CEO begs congressional Republicans to investigate short sellers (Original Post) Yo_Mama_Been_Loggin Apr 24 OP
Funny...given all the questionable stock trading by Congress reps probably half the Repugs are shorting DJT. dutch777 Apr 24 #1
they should just be happy their worthless company has any value at all. Takket Apr 24 #2
Moo! 🤣 MerryBlooms Apr 24 #3
Hard to keep a slime-ball like Nunes down back on the farm. erronis Apr 24 #4
Moo SalviaBlue Apr 24 #5
Nunes is deflecting from the real scam C_U_L8R Apr 24 #6
Does he have any evidence? nt Cartoonist Apr 24 #7

dutch777

(3,035 posts)
1. Funny...given all the questionable stock trading by Congress reps probably half the Repugs are shorting DJT.
Wed Apr 24, 2024, 08:45 PM
Apr 24

Maybe start with the SEC?

erronis

(15,328 posts)
4. Hard to keep a slime-ball like Nunes down back on the farm.
Wed Apr 24, 2024, 09:29 PM
Apr 24

That type of stuff keeps bubbling up to the top of the feedlot runoff tank.

C_U_L8R

(45,020 posts)
6. Nunes is deflecting from the real scam
Wed Apr 24, 2024, 10:38 PM
Apr 24

Some mysterious parties are piling in tons of cash to keep the DJT stock afloat. Saudis again? Russian gangsters?

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