Austin Private Wealth didn’t short 12 million DJT shares

  • 📰 PolitiFact
  • ⏱ Reading Time:
  • 47 sec. here
  • 4 min. at publisher
  • 📊 Quality Score:
  • News: 29%
  • Publisher: 71%

National News

Facebook Fact-Checks,Texas

After a gunman tried to assassinate former President Donald Trump July 13, social media users looked into trading activi

Financial advisory company Austin Private Wealth shorted 12 million shares of Trump Media July 12, the day before former President Donald Trump’s attempted assassination.Austin Private Wealth, an investment adviser, said the amount of shorted Trump Media shares reported in its July 12 filing was incorrect. The accurate holding amount was 1,200 shares, not 12 million.ty of Trump Media stock and said there was something suspicious.

The financial advisory company added that a third-party vendor increased the number of shares by a multiple of 10,000 for DJT and other contracts, an error that was not caught before the filing.July 16, but the Trump Media put options were absent in the amended filing. In a published FAQ, the company said"the total holdings of the underlying stock and related options were below the de minimis amount for actual reporting" after the error was corrected.

Austin Private Wealth did not short 12 million shares of Trump Media the day before the former president was targeted in an assassination attempt. We rate that claim False. The absence of the presidential seal on President Joe Biden’s letter announcing his exit from the presidential race proves “this wasn’t Biden’s choice.”

Photo shows the Instagram account of shooter Thomas Matthew Crooks, with the bio, “In my quest to end Epsteins evil empire.”

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 17. in ERROR

Finance Finance Latest News, Finance Finance Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

DJT shares jump in premarket trading after Biden stumbles in Trump debateSome Democrats said President Joe Biden needs to exit the White House race against Donald Trump after his debate performance. DJT stock may benefit.
Source: NBCPhiladelphia - 🏆 569. / 51 Read more »