US Asset Manager Shorts Trump Stock a Day Before Assassination Attempt: Coincidence or Conspiracy?
Following the recent assassination attempt on former President Donald Trump, reports emerged that many unnamed individuals had “shorted” the stock of Trump Media. But a particularly intriguing case has surfaced: the timing of a significant short-selling move by a $1 billion asset manager targeting Trump Media stock right before the Trump assassination attempt raises serious questions. Explore the controversial decision and its potential implications.
Austin Private Wealth and the Trump Media Short
Delve into the details of the $1 billion asset manager Austin Private Wealth, LLC, a financial planning firm in Texas, which purchased put options worth 12 million shares of Trump Media & Technological Group Corp. (DJT) just a day before the assassination attempt. Was this merely a shrewd investment based on anticipated market volatility, or something more sinister?
Timing is Everything: Examining the Controversy
The timing of Austin Private Wealth's short position has ignited a firestorm of speculation. Some analysts argue that the purchase of put options was a calculated risk, anticipating a decline in Trump Media's stock price regardless of the assassination attempt. Others view it with suspicion, suggesting a potential connection to the events. Along with inspiring former President Donald Trump to alter his Republican National Committee (RNC) speech and – judging by the results of the 2025 elections – the assassination attempt has dramatically impacted the political landscape and, naturally, the market's perception of Trump Media's long-term viability.
Did Inside Information Play a Role?
The key question remains: did Austin Private Wealth possess inside information that led them to believe Trump Media's stock was about to plummet? The SEC is reportedly investigating the trading activity surrounding DJT stock leading up to and following the assassination attempt. Any evidence of insider trading could lead to significant legal repercussions.
The Impact on Trump Media and its Investors
The combination of the assassination attempt and the revelation of the significant short position held by Austin Private Wealth has undoubtedly shaken investor confidence in Trump Media. The company's stock price has experienced significant volatility, and its long-term prospects remain uncertain. Whether the company can recover from this double blow remains to be seen.