You know when Ken Griffin is doing sketchy anti-Trump stuff by the response from Ken Griffin.
Remember, this is the vulture capitalist and Citadel hedge fund operator of horrible Robin Hood infamy who was going to lose billions because the Reddit community fought back against Griffin’s short position on GameStop.
In essence, what Griffin is doing now is shorting the Trump stock he doesn’t control or borrow against. He’s naked shorting the Trump media stock, which is illegal and seriously unethical. Devin Nunes, CEO of Truth Social, has tracked the available stock and notes; there is no way for Citadel and others to sell short positions, because there is no stock available for borrowing. Nunes knows the scheme Ken Griffin is attempting.
“Data made available to us indicate that just four market participants have been responsible for over 60% of the extraordinary volume of DJT shares traded: Citadel Securities, VIRTU Americas, G1 Execution Services, and Jane Street Capital,” Nunes wrote.
Griffin and his Sea Island vulture capitalists are just repeating their previous moves. Naked shorting was partially blamed for the GameStop “meme stock” phenomenon of 2021. During the two previous years, GameStop had posted big losses leading to a large drop in its share prices. This problem was noticed by hedge funds, which took out major short positions in the stock. In 2020, at least half of GameStop’s stock was borrowed for short positions. By 2021, 140% of GameStop shares were shorted, meaning 40% of the shares shorted weren’t really out there to trade on; that is, they were likely involved in naked short sales.
Online retail investors soon noticed this giant hedge, setting up the Reddit forum “r/WallStreetBets”, to implement a short squeeze and bid up the stock to counter the shorting of the hedge funds. As the share price increased, it wasn’t just the hedge funds that lost; short sellers who hadn’t borrowed the shares couldn’t deliver. Ken Griffin went bananas and used his power with the Robin Hood trading platform to stop the buyers.
You can tell Ken Griffin is yet again behind this short stock effort by his triggered reaction:
“Devin Nunes is the proverbial loser who tries to blame ‘naked short selling’ for his falling stock price. Nunes is exactly the type of person Donald Trump would have fired on ‘The Apprentice.’ If he worked for Citadel Securities, we would fire him, as ability and integrity are at the center of everything we do.” (link)
Now read that statement and tell me that expression doesn’t scream identical to the Ron DeSantis supporters. Is it any surprise Ken Griffin was Ron DeSantis’ biggest individual donor.
Load up the truck.
Naa it’s way overpriced. Can’t blame people for shorting it .
You have to pay 500% interest to short this stock. It’s doesn’t make financial sense. This is Wall Street trying to screw Trump just like they screwed the little guys on Robin Hood.
Ya your right about the short fees, it’s supply and demand .
The same strategy used with gamestop can be applied here. Buy the stock. Drive it up. Hurt Ken Griffith and make some money win win.
Those eyes and the shape of his nose are a clear warning — beware.
Andy Kaufman
Agree john, exactly the thought I had
Ken Griffin, he’s so vain. He probably thinks this song is about him…
sanpaku
Appears he is trying too hard to look pleasant.
innocent.
It’s the look of someone desperately hoping he can make it to the toilet without further delays.
MAGA will never vote for DeSanctus.
I would vote for him! Speak only for yourself.
You are not MAGA.
Easy there sport.
No. DeSantis isn’t remotely America first.
Maybe, just maybe, he is MAGA, in stealth mode. With the benefit of clear hindsight, we can see that DeSantis drained substantial funds and enthusiasm from the Never Trump donor class. I would love to believe that was by design.
Wishful thinking.
💥-there is only one (for now)
Only if he is VP.
VP for Trump like Bush as VP for Reagan – no thank you!
Besides, they both reside in Florida – so, isn’t that kind of not done?
Just like Judas Pence.
There are a lot of MAGA that voted for DeSantis for Governor, it’s how he won.
And if it weren’t for Trump, he would have lost to a druggie commie
The Black Gay Coke Addicted Democrat would have beat DeSantis like a red-headed stepchild in an orphanage!:
*A Crack Whore.
He would’ve lost to a literal crack-meth-smoking male-servicing prostitute. Andrew Gillum is an actual crack whore. Who DeSantis would’ve lost to without Trump.
He was Mayor of Tallahassee no less.
Considering how our legislators are selling us out — I do believe we are experiencing the Andrew Gillum treatment anyway.
If it quacks like a duck– it is a duck.
If not for Trump, Meatball would have been blown out in the GOP primary!
A Soros trained commie. (Rockwood Institute)
But they certainly won’t vote for him now…not after our education via Sundance and this site.
I have noticed they’re trying to set up stories re his going to arrest illegals in FL and deport them plus other topics to try all over again to pimp him to us.
These stories make me laugh.
RDS days of winning another election are long over .
Let the pimp away!
He betrayed the movement. You can’t just forget about stuff like that. It lingers. And rightfully so.
Zactly, he should have waited his turn though.
Isn’t it glorious that DeSantis did NOT wait his turn?
He revealed himself.
They didn’t know THEN what we know NOW. A true MAGA would NEVER run against the best President in my lifetime..
Ken Griffen/Citadel Bank was used as the fund transfer point from US to Ukraine then back to Democats. This was set up in last year of Obummer’s term and joe biden oversaw the set up and Kerry made MANY trips back and forth between Citadel and US ironing out the issues of setting up that bank in Griffins name. Do the research – Ken Griffin beyond his Anti-Trump political entanglements he’s also a treasonous criminal. Without Citadel serving as the “honest” broker of the US Ukraine funding back into the pockets of he likes of the bidens, Kerrys, Pelosi and innumerable Uniparty members. FTX was not the only laundering mechanism.
So what he’s actually worried about is if Trump takes office, his corruption in all areas is exposed.
The deep state knows and is his protector. Dismantling parts of it change his world for the worse.
His corruption as well as that of his fellow enablers of corruption.
Mike Johnson.
Bingo
There were a number of people that dug into Citadel Advisers (his hedge fund) during the Gamestock short and Reddit’s counter strike. Retirement/pension funds around the world are invested in it. the money is the power. Here is one of the example digs into the fund of that (verified) evil creature.
https://archive.is/RAiUf
This provides an example of what we the people can do and which the federal government can do absolutely nothing to stop…check YOUR pension/retirement fund, as well as YOUR personal investments, and your STATE’s investments and see if any of them have money in the hedge fund Citadel Investments or its sister groups. If they do, start a movement to demand the funds be withdrawn – just as was done with Blackrock. Contact your state AG if they are state/teacher/city funds.
Do NOT sit idly by and bemoan events – become active and pour copious amounts of sand into their gears!
The eyes have it… a disaster waiting to happen!
As my grandma always said, ” The eyes are the window to the soul”, and I don’t see a “soul” there at all…just a bottomless pit.
Hedgehogs.
Does this arrogant idiot think he’s more powerful than the Lord? Millions of believers are praying daily for Pres Trump and his family.
He rejects the Lord.
End
Yes we are praying morning, noon and night for President Trump and his family!
This and things like this: https://hotair.com/jazz-shaw/2024/04/20/denver-illegal-migrants-six-months-free-rent-is-insufficient-n3786880
Are we Americans just like the Germany people when Hitler showed them who he was?
Seems so. We are silent. No protests, no street demonstrations. No Mario Salvos (for those too young to remember:https://en.wikipedia.org/wiki/Mario_Savio)
Just people not really believing it will get worse?
Who are we? You and I? People who see our future in what they are doing to Trump?
Do you actually believe they will are not now and in the future securing the election for Biden by cheating?
What will change the course of history?
Reading blogs as excellent as this one?
You think that?
Can you name a single individual playing in the TAKE DOWN DONALD TRUMP Major League that fears us or even has a reason to fear us?
Honestly TLHoward, my opinion is that everything needs to be lost, before people stand up.
So many posts on this site says “God’s got this!”. That is a very true statement, but that doesn’t mean you get your cake and you get to eat it to. God does have control of everything, but is doesn’t mean his people didn’t go to hell and back on on earth.
Watch the movie “Tortured for Christ” to understand what 1 minister (out of the thousands of ministers rounded up) had to go through for standing up against evil (while the rest of the religious community cowered in voice and action).
Most people at CTH say America is blessed (which it is). But it took a revolution, a ton of bloodshed and human life to create that “blessed” country. It will certainly get worse before it gets better. J6 prisoners are a perfect example. Where is the outcry at a national level?
Evil is attacking this country from every angle and most of this country is still asleep. Things need to still get worse I guess.
Well put.
Silent is not the same thing as asleep.
The American people are themselves evil. And you expect them to do something about their corrupt rulers?
Totally agree.
Sure can.
You notice, amidst all of the chaff and countermeasures, that Ryan, McConnell and McCarthy (the Architects of the Insurance Policy) are all removing themselves from the chessboard (NOT securing their positions more firmly) in anticipation of PDJT resuming his position in the Oval?
THAT is out of FEAR, and self-interest, not hubris and invincibility.
Excellent post and I completely agree with you. Americans are complacent and asleep at the switch.
I can bet that were Conservatives persecuting Biden like Democrats are persecuting Trump, there would be public protests and violence. And, the Democrats are slowly turning up the screws on Trump. He may not escape being indicted, incarcerated and out of the running. There is no back up plan.
The evil ones do not fear us because we are allowing them to do what they do.
Unless Conservatives start organizing and fighting back, the US will be lost and citizens totally controlled and living in 15 minute cities.
Waiting for the next shoe to drop is not a viable strategy.
And yes, the Democrats/deep state are well into cheating the 2024 election. Evil never sleeps.
Well conservatives are not getting taxpayer funded protesting and rioting pay like all leftist NGOS that get grants from our government and then pay protesters.
In CA some high schools give extra credit and time off from classes to go be activists for teacher specific causes.
Many of the liberals I know have no idea what is going on…..and some of them don’t care.
I know more than one liberal/leftist who wants Trump locked up now. No need for a trial.
They literally say this in the same conversation while saying that this needs to be done to protect democracy.
I heard from one lady, claiming they are gearing up in OHIO.
The squeeze is on. I picked up 6000 shares when it got to $24.50 the other day. It will be a glorious profit against the scum like Griffin.
This is how options trading works. You trade under the presumption. You promise to buy back something at some price in the future. Its not investing its speculation.
WHAT?????
Options is speculation on the move of the underlaying stock.
Are you missing a comma in your last sentence? And some apostrophes?
Naked short selling is nuts… and if its done in a premeditated group of players then it’s illegal. This is RICO territory… as you have a racket manipulating a stock.
But the fact that these oilgarchs also control Robin Hood and thus able to curtail their loses makes this a downright monopoly.
I don’t think naked short selling is illegal. It sounds like you are saying that, somehow, a broker approved the shorting of more shares than have been issued by DJT corp.
To me, naked shorting is just selling an option or stock without owning a ‘long position’ in the same stock. For example, selling a covered-call option is not naked, because, by definition, a covered-call is ‘covered’ by owning 100 shares of the stock.
A trader could also ‘cover’ his short position buy buying another option of the same stock. This is known as an ‘options spread’, where you buy one call or put and sell another one of the same corp.
You can think all you want based upon your feelings, but naked shorting is illegal.
I hope the Apes who suffered as children during the housing bubble come in and HODL as they did during the GameStop short and naked shorting in full force for the little guys to crush the the never Trumper conglomerates and hit them where they feel it!
I myself choose to be a part of the the “HODL” wedge regardless. I’m done with them and those in the same vein!
You obviously don’t understand what naked short selling is. Maybe you should look it up to better familiarize with this illegal act. The only reason why people might be confused by the illegality is because of the ever apparent two-tiered justice that weighs and balances based solely upon what party, that the charges are laid against.
There’s a real world difference
In Options trading every transaction has a counter-party. For every seller there is a buyer and vice versa. If no counterparty can be found, the Market Maker who accepted your order is responsible for stepping in to counterparty your transaction out of their own inventory of securities.
Naked Shorting is selling something you do not own to a buyer who does not exist. There is no counterparty but the short-seller lies to their broker telling them they have one. It is a sham transaction on the gamble that you can find enough shares afterwards to borrow or buy to “cover” your naked position before it expires.
That’s s not how option trading works at all, unless your writing options , and this article has nothing to do with option trading .
It sure seems like Mr. Griffin is expecting a fiat currency crash.
Look at that collection of hard assets (and art, another hedge against inflation )
https://www.msn.com/en-us/money/markets/inside-ken-griffin-s-property-and-art-empire-1b-palm-beach-spread-is-only-the-beginning/ar-AA1iKJVF
He knows it’s coming because he is one of those planning it.
Not just planning: Engineering it.
Eventually the American people and the world for that matter will lose faith in the Dollar. Biden got the ball rolling with the whole anti Russia BS…. which is causing them and others to move away from the USD completely.
The Govt’ knows the USD is on its last leg, which is why they are massively printing money…. to buy up assets and services ……. all this while the economy is getting worse and worse everyday under Bi-den.
IMO “art” isn’t an inflation hedge. It’s a money laundering operation. My red pill moment with the art world was when a banana taped to the wall sold for $120,000. I can just see the participants of that “transaction” saying “I have more cash I need to wash, I’ll buy this for $120k”.
Few would have ever guessed the literal accuracy of calling the oligarchs bloodsuckers..
“He who sells, what isn’t his’n,
Must buy it back, or go to prison.”
Too bad we couldn’t short sell Citadel.
I absolutely hate those people. Sorry can’t love the Sinner but hate the sin. I’m waiting for some good Old Testament judgement
Time to do a short squeeze again. Maybe this goof will go broke this time.
when the zombie times come, eat him first. LMAO!!!!
POS bought a whole lot of land just a quarter mile south of Mar-a-Lago. Wonder why?
https://www.palmbeachpost.com/story/news/2022/07/26/see-citadels-ken-griffins-450-m-estate-palm-beach-near-trump/10099311002/
Is it time to GameStop shares of Trump Media? Worked once …. bigly, too.
Push Griffin into the mother-of-all Short-Squeezes.
If Nunes’ allegation is true, PDJT’s billionaire supporters could “game stop” Griffin into financial oblivion through legal purchases of shares.
However, I question whether PDJT would approve of the market manipulation necessary to do so.
Instead, a better outcome would be for Nunes to present to the SEC incontrovertible evidence of the naked short selling.
Making undocumented accusations disparages both Nunes and PDJT.
We’ll see what happens.
He bought off Mike Johnson I hear.
The crazy eyes!!!👀
Hopefully he will be having his arse eaten alive by a Trump 47 DOJ, SEC AND IRS!!! 😡
He does tend to place binocular vision into question….
For those unfamiliar with our casino market system read, “The Great American Bubble Machine” about the Wall Street vampire squid and the 2008 market crash. Then read “The True Story About Mitt Romney and Bain Capital” about Willard the Bain Bandit. Both by Matt Taibbi, posted at Rolling Stone (I know) and both articles are great
Substitute “Duke Brothers” with Ken Griffin and the short sellers. This is his/their future:
Trading Places
Turn those machines back on!
Buy DJT at bargain prices! Wipe out Ken Griffin!
Wow, that picture screams evil lunatic.
1. Griffin has sanpaku eyes.
2. GME retail stockholders began direct registering their stocks with ComputerShare to prevent them being loaned out for shorting.
Ken Griffin set up “Citadel Connect” as what is known as a “Dark Pool” over ten years ago. It is a vehicle for doing stuff like naked-shorting. It is run as a closed private stock exchange where big volumes of shares can bounce around back and forth without flagging up the SEC’s radar.
It’s unbelievable that there are no longer any honorable men, what a sad state of affairs.
Protest too much.
The stock loan desk at every institutional bank facilitates this. They “borrow” the shares from an institutional Long client who earns a premium that allows a client to sell Short. The term “naked short” only means the client itself isn’t hedging against their own shares. The client is using an Equity Prime Broker / Stock loan desk to trade in their name. I’m not saying it’s right, but that’s how it’s done.
Short squeeze probability?
A very good possibility. If 10% ofTrump supporters buy stock, and they by things like bible or shoes which are similar, then he will be screwed.
Since it’s against Trump boundaries are bound to be pushed (and ignored) from a legal standpoint….10% would be + – 15 million?
Not likely…
But a few big boys could turn things…right quick…
Going to be interesting….
Looks like they’ve already been squeezed a bit. The Gamestop example is real. Retail buyers brought a major hedge fund to who it’s knees. I believe it was Citadel that bailed them out by basically buying them out. Citadel has deep pockets. Meaning they bought the smaller hedge fund (equity stake).
It was Melvin Capital. Apparently they even made a movie. Ken Griffen was not happy with his portrayal apparently. Ha
https://www.thestreet.com/memestocks/gme/citadels-ken-griffin-is-not-happy-with-his-portrayal-on-gamestops-movie-dumb-money
Griffin has been on a pretty aggressive real estate purchasing binge. Wouldn’t it be great to see him caught with his pants down!
Real estate is capital intensive…wouldn’t it be great to PULL his pants down…..but that’s way out of my lane….
Way above my league but…anyway…
Griffin and team have been doing this for a long time…they know the boundaries
The REAL ones…
…and…
Joebama appointment heads SEC…not a snowballs chance of enforcement action.
Buy the 10 for 25 and lay the 4 for 100…roll it out.
The CEO of Overstock has had the same problem over a number of years. The SEC is quite familiar with those that do naked shorting but do nothing about it. Like all administrative state players they have become corrupt and useless.
What scumbags.
The system is for sale you can stuff your ballot in your…
The Team Desantis pictured is in reality Team Neocon. Party label doesn’t signify. Just another NWO group of folks paying themselves not to represent you.
Isn’t DeSantis MFGA, isn’t that a smaller version of MAGA?! I’m voting for Trump because I love my country more than I hate the way he talks sometimes; too many ‘unforced errors’ but he is so much better than the alternatives.
I had a feeling this was happening with the DJohnT stock.
KG has done the same to the well known Game Stop stock and he has been doing the exact same to AMC.
As a holder of 2 out of 3 of these mentioned stocks…
Don’t look for the SEC to do anything. They are corrupt.
This joker reminds of Michael (Steve Carroll) from The Office. Did I just say that?
If he is nakkid shorting, who is buying?
If he is nakkid shorting in an illegal manner it means there is more than 100% of the shares outstanding that are owned.
Bring that back to 100% and the stock will rise, continue to dilute the stock with nakkid shorts and the stock price will fall. Essentially there would be more stock on offer than there should be, so the price drops.
I expect Griffey knows that laws apply selectively and he chose to make this illegal maneuver due to how laws apply in a manner to hurt Trump and his supporters and benefit his detractors.
Shrewd move IMO. If the man truly has no integrity, then all the money in the world won’t back fill his problem.
What stock? How can a stock price fall if it isn’t for sale?
The magic of the rigged casino. The market isn’t even close to what it was intended to be. All manner of reforms should be made.
If it’s illegal and can be proven, why not sue and file a criminal complaint?
x
He obviously walks around with leathers and a butt plug underneath his clothing all the time.