A company called Austin Private Wealth LLC shorted 12,000,00...
A company called Austin Private Wealth LLC shorted 12,000,000 shares of $Trump Media & Technology(DJT.US$ via a put option. The filing date is July 12th, the day before the assassination attempt.
They have around $1 Billion in assets under management and this is by far the largest put placed. According to a source the trade represents 6% of total shares and over 16%! of the float of the stock given the fact that Trump owns 60% of the company.
This is a giant bet when you consider their total AUM.....
They have around $1 Billion in assets under management and this is by far the largest put placed. According to a source the trade represents 6% of total shares and over 16%! of the float of the stock given the fact that Trump owns 60% of the company.
This is a giant bet when you consider their total AUM.....
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Simon 5183 : This shorting company only has assets of 1 billion dollars that dare to bet that much? It's no wonder it's not going out of business!