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Bullboard - Stock Discussion Forum Trump Media & Technology Group Corp DJT

Trump Media & Technology Group Corp. (TMTG) is a social media and technology-focused company. The Company's product, Truth Social, is a social media platform where any user can create content, follow other users and engage in an open global conversation. The Company does not restrict whom a user can follow. Additionally, users can be followed by other users without requiring a reciprocal... see more

NDAQ:DJT - Post Discussion

Trump Media & Technology Group Corp > Shorting the Warrants
View:
Post by dart321 on Jun 18, 2024 5:43pm

Shorting the Warrants

now you can expect to see the warrant holders shorting their warrants then running off with the cash after the short obligation has been paid. Can you say crash, LOOK OUT BELOW!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
Comment by dart321 on Jun 18, 2024 6:09pm
Never looked to see how large the release of warrants was but once exercised either through shorting or sending in the cash to exorcise it still adds the total number of warrants to the free trading float which will give them a much harder time to manipulate the share price due to the tradable float increasing. This also gives the real shorters more avenues to borrow the stock to short. Lookout ...more  
Comment by Bimmaxbro on Jun 18, 2024 9:06pm
Does anyone know how many warrants at what price and who owns them 
Comment by KozmoT on Jun 18, 2024 10:05pm
Be careful what you enter into Google because with Trump and his legal misdeeds, "warrants" is just as liley to come up as arrest warrants or search warrants.  Imagine the thought processes of folks who think its a good idea to invest in a company whose namesake just got convicted of financial fraud.
Comment by dart321 on Jun 18, 2024 10:31pm
Just checked and it's 21.5 million warrants.
Comment by a2bman on Jun 19, 2024 7:34am
Trump got 4mm for nothing.  Many are at 1150.  I'm sure all will be hammering it in a race to 1150.  I still think there was some other incentive to keep the price above that but can't remember