DJT Volume Surges 800% Right before Trump Assassination Attempt – Market Manipulation? Who Knew?

Data shows unusual market activity in former President Donald Trump’s stock, DJT, ahead of Saturday’s failed assassination attempt, raising concerns about possible foreknowledge of the event and insider trading.

Social media highlighted an “extreme disparity” in trading volume for Trump Media & Technology Group Corp stock (DJT) on the Friday before the assassination attempt compared to the previous day, with shares traded increasing from 3.9 million to 35.6 million.

X user @JoshWalkos noted that data from TMTG Corp. shows a day trading high of $15,638.32 on 7/12/2024 – a day before the attempt on Trump – with the previous day’s high at only $30.31. “That Friday high has to be a mistake, right?” the user wrote. “Even if it is, the extreme swing in volume should definitely warrant further investigation. That is an 801% increase in one day, the day before the attempt on Trump’s life.” [sic].

The spike in trading activity coincided with heavy shorting of DJT stock just one day before the assassination attempt, a bizarre anomaly noted by financial media outlet Finbold on Wednesday. After the assassination attempt on former President Donald Trump, which sent shockwaves through the U.S. political landscape, Trump Media (NASDAQ: DJT) shares surged more than 60% in early trading on Monday before retracing by 20% to close at $36.89 on July 16.

A noteworthy fact is that short positions against Truth Social stock doubled between July 1 and July 12, rising from 7 to 15 million shares, marking a record for shares shorted in DJT stock since its trading debut.

Finbold reported, “This surge indicates that individuals or large organizations anticipated a significant drop in the stock’s value by July 15, a scenario that would likely have materialized had President Trump died in Pennsylvania.” Since the attempt, interest in shorting DJT appears to have decreased.

“Looking at the current level of DJT stock short-interest, it has subsided substantially,” Finbold writes. “It fell to 11.27%, with 5,219,586 shares being shorted at an average coverage of less than one day.” This indicates that the stock is no longer experiencing high short interest as it did last week.

Interestingly, similar stock trading anomalies were claimed to have occurred just days before the September 11, 2001, attacks, with American and United Airlines stocks seeing a surge in put options ahead of the tragedy.

As investigators probe the apparent Secret Service stand down, attention is also focused on whether corrupt insiders had prior knowledge and were planning to profit from Trump’s death.