Austin Private Wealth Shorted 12 Mil Shares of Trump Stock (Before 7/13)

by
Steve MacDonald

Many of us woke to the conspiracy theory-worthy news that someone bet big against the future of Donald Trump ‘days’ before some kid tried to blow his head off.

My natural reaction was that this was way too obvious a move but not beyond the pale, so I looked for more details.

So, on July 12th, a day before the assassination attempt, Austin Private Wealth reported a short position nominally equivalent to 12 million shares. It is huge: it represents approximately one-seventh of Trump’s ownership in the same company, or 16% of all available stock float not held by major insiders.

Is that a big deal? For my nonfinancial readers, here is a little introduction to puts. Austin Private Wealth’s position is in put options. Puts are financial instruments whose holder receives a payment if the underlying stock falls below the agreed price (the strike price) by a certain date. In such a case, the put option holder receives the difference. The more the stock falls, the more the put holder gains.

Chudov adds that the bets against Trump were likely filed weeks before, the reporting date having nothing to do with the actual date or dates the position was made. In other words, it didn’t happen on 7/12, the day before the Crooks family offspring took his shot(s), which deflates the shock but not the conspiracy.

Few, if any, elite globalist factions would shed a tear if Mr. Trump shuffled off his mortal coil or had it shuffled for him. The desire to see this as supporting evidence of any other theory revolving around the strange circumstances of 7-13-24 is strong, but the Deep State has a lot of irons in the fire, known and not. And while an assassination attempt is likely not surprising to any of our readers, any of those plans within plans could(may or will) have tanked DJT stock. There are likely other shoes to drop.

We must also remember that if we think the government is filled with idiots, we can’t have it both ways. They can’t both be bumbling fools and Moriarty. But we can agree that the government attracts people inclined to abuse power with a predisposition to abuse it to keep what they’ve got and profit from it.

I leave you to debate the particulars.

Author

  • Steve MacDonald

    Steve is a long-time New Hampshire resident, blogger, and a member of the Board of directors of The 603 Alliance. He is the owner of Grok Media LLC and the Managing Editor of GraniteGrok.com, a former board member of the Republican Liberty Caucus of New Hampshire, and a past contributor to the Franklin Center for Public Policy.

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