Digital World Acquisition Corporation (DWAC) News

Nearly 240 institutional investors held shares of ... ...djt The magic word is HELD. Seem to have forgotten that nearly 300 million was returned last year?
That means those investors cashed their stock back to the djt treasury and it's fund, not necessarily the open market.

People seem to believe the daily list is a true indicator of naked shorty.... I believe that is wrong.

TMTG’s stock has appeared continuously since April 2, 2024, on the Nasdaq Reg SHO Threshold List, which results from persistent failures to deliver ("FTDs”) and can indicate the illegal "naked” short selling of a security.

And if people insist on 'quoting' the SEC, they should include the actual SEC paragraphs themselves or a link and not reworded to provide their point of contention so we may compare.

Off to a stellar start as a public company. Had to fire fraudulent accountant and then blames that on not timely filing quarterly report:

https://www.otcmarkets.com/filing/html?id=17546501&guid=tcQ-kaY7p9IfJth

Says no significant changes from last year, so expect more losses and minimal revenues. They promise 10Q within 5 days so we shall see.

Also another gripe letter to congress. No, it's not because our fundamentals suck, it's the boogeyman naked short that's the reason the stock is.....um.....undervalued??? Are they serious??? Undervalued at over $50/share?? Can't make this nonsense up. When DJT crashes hard, look out below.....

After all the ranting about scams, I was happy to see this today.

07:57 AM EDT, 05/16/2024 (MT Newswires) -- Nearly 240 institutional investors held shares of former US President Donald Trump's newly launched media company as of March 31.
Morgan Stanley (MS) acquired about 450 shares of Trump Media and Technology (DJT) for about $12,000, according to Securities and Exchange Commission filings.
Wells Fargo (WFC) bought 10,000 shares of the company for about $640,000.
Other big-name investors included UBS (UBS) with fewer than 1,000 shares, JPMorgan Chase (JPM), and Bank of America (BOC), according to the regulatory filings.
Among private equity firms that bought shares of the newly launched social media company were Radcliffe Capital Management, Pentwater Capital Management, and Bracebridge Capital.
Price: 53.17, Change: +0.66, Percent Change: +1.26
http://www.mtnewswires.com Copyright © 2024 MT Newswires. All rights reserved. MT Newswires does not provide investment advice. Unauthorized reproduction is strictly prohibited.

Devin Nunes is impressively dim. He can't run himself let alone he helping to conduct any investigation. Soon we will have robots better than him and other lemmings orbiting around DJT.

That is comical!

Trump Media CEO Devin Nunes sent a formal letter to Jim Jordan today demanding that the Judiciary Committee launch an investigation into why their stock has performed poorly. He also volunteers to help conduct the investigation. Umm, yeah. That will work.

This SEC Stock Scam is a Mess

As you know, Securities and Exchange Commission ("SEC”) Regulation SHO ("Reg SHO”) guidance clearly states that the only way to establish "reasonable grounds” for short sales of threshold securities like DJT is if the broker-dealer pre-borrows the securities; moreover, "a broker-dealer may not re-apply a locate for intra-day buy to cover trades.”1 SEC guidance also provides that "bona-fide market-making does not include activity that is related to speculative selling strategies for investment purposes of the broker-dealer and is disproportionate to the usual market making patterns or practices of the broker-dealer in that security.”2 Despite this clear guidance, TMTG’s stock has appeared continuously since April 2, 2024, on the Nasdaq Reg SHO Threshold List, which results from persistent failures to deliver ("FTDs”) and can indicate the illegal "naked” short selling of a security.

Hi DJT turd

💩

It does boggle the mind that a company with $50+ million in losses and very, very little revenue can sell for $50+ per share. But it is what it is. HAWK

Of course we respect his theories... What we don't respect is someone who makes up excuses for this POS and tries to make it look like something other than a Donald Trump scam like all the rest he has been involved in. Perhaps you should go to the other board where they believe what you are saying.......

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You need to read what you actually write and then ponder as to wh...The company and it's owners are frauds. I don't need to do anything you say and that's what's wrong with you. It's exactly what you imply. And you're convoluting the conversation and trying to control the subject. I was under the wrong impression that you ended the conversation. Bugger off.

I never said anything of the sort...and have not said anything that didn't pertain to the discussion. You need to read what you actually write and then ponder as to why. Thanks again for the polite words. The internet is so full of weirdness.

And so it goes........

I love happy people. Thank you.

End of discussion.If it's the end of discussion then stop posting weird crap like it's proper for the company to tell its shareholders to pull their certs, because that's what they did essentially and was my whole point. Then you butted in with your naked shorting 101 blah blah which is not what was being discussed by OTHER people.

Always off on some other tangent deflection and it's so annoying.

Come to think of it, if you took your naked 101 to the other board it would be off topic because they do not even mention the stock or company of the board. No one would know what you're writing about.

Yeah...I hate that crap. If someone put a gun to my head and told me I have to either buy or short this, I would very reluctantly buy. Only because those crazy idiots are more dangerous than anything else in the market. I own a REIT that is heavily shorted..and apparently the same clowns came after it today. It released earnings last week...so the shite' smells of them..lol.

The over priced and extremely insane over valuation of this ticker is just so messed up. Of course, so is the overall market.

And so it goes...........

The only legit FTD is one with a clerical error or a lag error. That is the only failure to deliver that lies within a margin of error.You have no idea what the subject has been. All you want to do is defend this piece of shit criminal enterprise and it's owner.

The point you're ignoring is a corp telling it's common shareholders there's naked shorts in it's stock and to pull their shares to 'protect' themselves and how that's a criminal ploy of nunes and orlando and by extension the owners of the companies. stfu with your nonsense already like it's okay to scam the shareholders with a costly sham. No one cares about your theories. Go over to the other board if you want to spread propaganda.

DJT did not reach meme stock status today as GME and AMC revisited 2021. Fun Times!

The only legit FTD is one with a clerical error or a lag error. That is the only failure to deliver that lies within a margin of error. I have no idea what else you are saying and has absolutely nothing to do with the subject. Again, a bearer share entitles only the bearer an ability to borrow against. I have no idea why anyone would pull something from street name and hold such physically as bearer..... beyond the notion of privacy and asset protection. Those are the only appropriate reasons.

I’m in, selling the house to buy!

Gee, what happened to the $100 + number that you said it was going to on 3/25/2024. Great call, hope you are still holding because Slime Time says that it is going to $500. Better hold on, and get all those big bucks........ Tell all your MAGA friends to buy in at the low, low prices in the 50's before it is too late........ Hurry up now!!!!!!

$DJT 100K perhaps ;)

Chugga Chugga Chugga Choo-Choo!

WINNING !!!

Nice Open !!

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It's 2024..there should really be a zero tolerance beyond the margin of error.Okay. Let's all forget about liquidity in the stock market and how it evolved to that and why there is short trade positions and legit ftd's and go back to phone calls and a zillion offices around. It will be good to create jobs for people again.
Hey, lets just pull certs instead. Then no one can trade them. It would be like going back 50 years.

Yes...and short positions can also be masked as long. All fails to deliver are bad. There may be lag, ect...so a small number lies within the allowance. It's 2024..there should really be a zero tolerance beyond the margin of error.

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lmfao... troofsoshallow on the way of becoming invisible on the popularity ratings once again. Minus 143 and diving...like the pps.

Would you be surprised how many people think there are only two legs to a trade? Buy and sell?

Trust me, the SEC reads iHub, Stocktwits, Reddit too and knows the games. The SEC posts real info and warnings to help:

7. Will close-out purchases required by Regulation SHO drive up a security's price?

Close-out purchases of stock will not necessarily drive up prices of such stocks. One of the primary purposes of Regulation SHO is to clean up open fail positions, but not to cause short squeezes. The term “short squeeze” refers to the pressure on short sellers to cover their positions as a result of sharp price increases or difficulty in borrowing the security the sellers are short. The rush by short sellers to cover produces additional upward pressure on the price of the stock, which then can cause an even greater squeeze. Although some short squeezes may occur naturally in the market, a scheme to manipulate the price or availability of stock in order to cause a short squeeze is illegal.

Burn Shortie on social media is all part of the illegal scheme to manipulate. The SEC is well aware and they do go after these individuals on social media from time to time.

11. I read on an internet chat room or website that a specific security has a large number of fails; are these sources reliable?

Investors can and should verify the number of failures to deliver in a specific security by checking publicly available data on failures to deliver. The Commission publishes on its website failures to deliver data for all equity securities, regardless of the fails level, twice per month. For current failures to deliver information, see http://www.sec.gov/foia/docs/failsdata.htm.

Investors should always be cautious that issuers, promoters, or shareholders may be seeking to stimulate buying interest by making false, misleading or unfounded statements in internet chat rooms or other such forums about alleged large “naked” short positions in some smaller issuers. Some individuals may encourage other investors to buy these issuers’ securities by claiming that there will be an imminent short squeeze, in which the alleged “naked” short sellers will be forced to cover open short positions at increasing prices. These claims in fact may be false.

The Commission's Office of Investor Education and Assistance has made available publications on the Commission’s website (http://www.sec.gov/investor.shtml) that provide helpful guidance on the securities markets and sales and trading practices, including short selling. The Office of Investor Education and Advocacy has also established a website dedicated to retail investors, http://www.investor.gov/. Investors and prospective investors should be cautious of rumors on chat rooms where the intent of nameless and faceless computer users is in doubt.

This particular quote is taken directly from the SEC's own explanation in the link:

There also may be instances where a company insider or paid promoter provides false and misleading excuses for why a company’s stock price has recently decreased. For instance, these individuals may claim that the price decrease is a temporary condition resulting from the activities of “naked” short sellers. The insiders or promoters may hope to use this misinformation to move the price back up so they can dump their own stock at higher prices. Often, the price decrease is a result of the company’s poor financial situation rather than the reasons provided by the insiders or promoters.

Compare those words directly from the SEC to the recent filings and gripes by Nunes about alleged naked shorting, and then to the company fundamentals. The SEC and Florida AG are likely laughing their asses off about these tactics because they've seen it all before. The stock will go down because the company makes no money and the fundamentals suck. The SEC explains this issue directly as well:

Investors should always use caution before investing in high-risk, speculative stocks, especially with regard to their retirement portfolios, because all stocks may decline in value. There are many reasons why a stock may decline in value. The value of a stock is determined by the basic relationship between supply and demand. If many people want a stock (demand is high), then the price will rise. If a few people want a stock (demand is low), then the price will fall. The main factor determining the demand for a stock is the quality of the company itself. If the company is fundamentally strong, that is, if it is generating positive income, its stock is less likely to lose value.

Both quotes are in response to Question 2. Is "naked" short selling the reason my stock has lost value? The entire link again is here:

https://www.sec.gov/investor/pubs/regsho.htm

Well said, The short squeeze factor does exist and in around 4/5 months dilution will pound it.. In the mean time trade it for profit. It is why most are here..... to make money!

Yes. The SEC article is very informative but still too complicated for many to understand correctly. There can be an FTD on both a short and a long transaction, and long transactions that don't settle can become shorts on the reports.

The truth from the SEC conflicts with the "narrative" of folks who only want to push one agenda. I've loved this run up as a trader. But it's now like that game where you face another person with arms out, one has palms down and the other has palms up. The bottom hands try to smack the top hands. Getting out of trades with profit now is like successfully pulling your hand back from the top.....but eventually that smack is going to happen and folks will get caught.

So everything below the SEC link are your words and opinions, yes?

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What in hell is wrong with YOU?
You seriously believe that pulling certs is a viable trading strategy and somehow "In this situation may be necessary"?
Are you nunes ghost writer?
Because that is one of the stupidest logic I've read on this board.

When was the last time you 'converted any certs'? 1997?

Have to quit accidentally reading your posts to other people.

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The member is from Canada. Probably has different rules and regs than we do.
Also has a tendency to believe everything he/she posts is a truth and not an opinion. Even when incorrect. So, there's that.

He/she keeps repeating the same basic trading 101 like no one is actually reading about this stock scam or even acknowledge telling it's shareholders to "lock their shares up" with certs is literally a criminal thing to instruct common holders to do.

As well as defending the djt company like it's just a normal thing to do and everybody does it. Supposedly correcting me is just defection.

I makes mistakes all the time and don't mind getting corrected all the time, but somebody pushing this companies propaganda and telling people it's normal to pull certs and other crazy nunes cow things is just wrong.

Hey, thanks for the answer back. Same for me, I have no interest in getting involved in trading this one. Just watching it to see how long it can maintain the high position that it has.... Keep up the great posts......

Of course he was. Big Trump fan, a congressman from California. Famously litigious, though most of his suits get dismissed.

You need to look him up.

Remember: the CEO is Devin Nunes. He's putting out all the PRs.

I know..should have said plural. I just combined them into one. It's the old repeat til' someone believes it. There should be at least one more(plural?)....at least, that should be the set up. Such a game..eh?

So even though the filing/pr was foolish to me.

There isn't just one filing about this. There are many.

https://www.sec.gov/cgi-bin/browse-edgar?CIK=0001849635&owner=exclude

Yeah..pretty much. By the way, thanks for the sincere solid inquiry. We need more dialogue like that. thanks again. :)

I think Covid did one hell of a job with regards to lunacy. I also think social media companies are complete garbage..no matter if private or public. It's over priced/valued and I agree on the success long term...that's a no go..lol.

I wouldn't short this though..no way. Wouldn't buy it either. I'm too much of a pus' to trade it given the radical swings. I used to think getting 2 points on a clip was an incredible day trade....lol...lol. Look what the f' this shite' is doing..ha!

Nice post. We seem to be saying the same thing in different ways. I was typing and then posted my subsequent message, so that one was not in response to you. Good luck out there!

You seem to have a good understanding of the market.... What is your opinion on DJT stock at its current position. How can a company with no income and millions in loses have a market value of over 6 billion??? I have been short term trading penny stocks for 40+ years and have never seen anything like this. I don't see it being very successful in the long haul. What are your thoughts???

I find it humorous how certain folks repeat "buzzwords" from social media sites with no clue what they actually mean. Burn Shortie will always be my favorite. But the buzz du jour is REG-SHO. Holy Crap! DJT is number one on the list!!! Must be fraud! Ummmm....no.

Here is knowledge from the SEC:

https://www.sec.gov/investor/pubs/regsho.htm

The market makers like Citadel and Jane Street et. al. have billions in capital to move markets. They profit up AND down. Waaaaaaayyyyy more than meme bro and that's just a fact.

In response to the Nunes accusations, the Citadel CEO immediately crushed Nunes publicly and then the MMs do what they do. Made a shit ton of money......on the way up. The price has teased up for over a week and it's a classic game of musical chairs.

Scalper traders are making money. MMs are making money. Every new "holder" who believes this online nonsense to hold until $100 and beyond with diamond hands are EXACTLY the sheep we all need to make this money. Because....mark this post.....the music will stop, the price will tank, and those without a chair will unfortunately have red shares and a new moniker.....bagholder.

It's a game as old as the stock exchanges. The rich get richer and the dumb....well.....learn lessons the hard way.

No naked shorting has been going on while the price has risen. It is doubtful it happened in April. The market makers had EVERY REASON based on fundamentals after that first filing to reasonably believe shares would be readily available from DWAC folks jumping ship. But lo and behold, the Bocephus Army heard dog whistles to buy, buy, buy DJT because......

So the MMs said OK, let's run this up the other way and see how much trailer park rent money we can take. Here's the problem. No one knows when the music will stop. Trade accordingly and carefully.

Brief posts can be taken out of context so I won't take offense. I will make my point a different way with your honest assistance. You seem like a knowledgeable investor/trader.

1. Have you ever converted your own shares in any public company to certs?

2. If not, would you ever follow the advice of Devin Nunes to do so?

3. If shares are converted to certs, can one set stop losses at oh, say 10%, 20%, 30% in case a stock craters off a cliff in a heartbeat?

4. Do you think MOST of the folks who don't regularly invest/trade who think it's really neat to have some DJT stock should be following this Nunes advice to put their shares in certs?

Please answer honestly. And so we are on the same page, I have zero problem with the advice to tell a broker not to lend shares or to keep shares in a cash account. Newbies likely don't have margin accounts, don't have the capital for a margin acount, and don't even know what a margin account is. Agree?

Just some knowledge and mostly common sense friend. Good to see you,re a hockey meathead...I hate your team :)

Thumbs up!👍️

What in hell is wrong with you? Stating a fact is in no way defending anything beyond the simple truth. And what are you saying here?:

They want people to be stuck with the shares UNTIL they can sell theirs and the crook nunes will come out with a PR stating the short crisis is over and go ahead and convert your shares back to market shares and buy buy buy.

There is no conversion...and I have no idea what "market shares" are....and why would someone convert a cert to only buy more shares. That makes absolutely no sense. If you hold a cert..and have no broker...you simply send such to the transfer agent or call a broker and see what the fees are to sell your cert through them. If you have a broker..then you just give him/her the cert and they will convert it into street name. The security is always marketable to sell or borrow from in street name or bearer name on cert. That's the truth and not some crazy conspiracy regarding Nunes for fk's sake. Who the f' are you trying to confuse with that bull shite' conspiracy

No one is stuck with shares in this scenario until such Company is void.