Trump Media's Call For Short-Selling Probe A 'Diversion Tactic,' Says Herb Greenberg: 'Beware Of What You Wish For'
Trump Media's Call For Short-Selling Probe A 'Diversion Tactic,' Says Herb Greenberg: 'Beware Of What You Wish For'
Wall Street Beats Co-Founder Herb Greenberg expressed skepticism over Trump Media & Technology Group Corp.'s (NASDAQ:DJT)push for a legislative probe into the short-selling of its shares, terming it a "diversion tactic."
Wall Street Beats聯合創始人赫伯·格林伯格對特朗普媒體與科技集團公司表示懷疑。s（納斯達克股票代碼：DJT）推動對其股票賣空進行立法調查，稱其爲 “轉移策略”。
What Happened: Greenberg shared his thoughts on the recent move by Trump Media during Thursday's episode of "Last Call" by CNBC.
發生了什麼：格林伯格在週四的CNBC的 “最後一次通話” 一集中分享了他對特朗普媒體最近舉動的看法。
"This is more of a diversion tactic," he said.
他說：“這更像是一種轉移注意力的策略。”
"It reminds me a lot of the battle between the short-sellers, many years ago, with Overstock.com."
“這讓我想起了很多年前賣空者與Overstock.com的鬥爭。”
Herberg recalled Overstock.com's short-selling debacle where CEO Patrick Byrne was constantly battling "naked shorting" by investors. In the end, it was revealed that short sellers were the actual victims who ended up "paying far more than they normally would have" and also resulted in Byrne stepping down as the CEO.
赫伯格回憶起Overstock.com的賣空慘敗，當時首席執行官帕特里克·伯恩一直在與投資者的 “赤裸做空” 作鬥爭。最後，據透露，賣空者是真正的受害者，他們最終 “支付的費用遠遠超過了平時的水平”，也導致伯恩辭去了首席執行官的職務。
Trump Media CEO David Nunes has urged lawmakers to investigate eight firms over the short-selling of its shares. Among the accused short sellers is Citadel, whose CEO Ken Griffin is a major Republican donor.
特朗普媒體首席執行官戴維·努內斯敦促立法者調查八家公司的股票賣空情況。被指控的賣空者中有Citadel，其首席執行官肯·格里芬是共和黨的主要捐助者。
"Beware of what you wish for. Because these stocks, especially thinly traded like this, it's the elevator up, get rid of the short sellers, no natural buyers. When reality hits it is the elevator shaft down," Greenberg warned.
“當心你想要什麼。因爲這些股票，尤其是像這樣交易稀薄的股票，是上升的電梯，趕走賣空者，沒有天生的買家。當現實來臨時，電梯井向下，” 格林伯格警告說。
"This is more of a diversion tactic," says @herbgreenberg on Trump Media pushing lawmakers to probe 8 firms over short-selling of $DJT shares. "It reminds me a lot of the battle between the short-sellers, many years ago, with " pic.twitter.com/OqxK756nSH
— Last Call (@LastCallCNBC) May 3, 2024
@herbgreenberg 在特朗普媒體上說：“這更像是一種轉移策略，” 推動議員們就賣空DJT股票一事對8家公司進行調查。“這讓我想起了很多年前賣空者之間的鬥爭，” pic.twitter.com/oqxk756NSH
— 最後一次通話 (@LastCallCNBC) 2024 年 5 月 3 日
Why It Matters: This comes amid a high-profile insider trading trial tied to Trump Media, which kicked off in New York earlier this week. The defendant, Bruce Garelick, is charged with unlawful trading in the shares of a shell company before its merger with Trump Media was announced.
爲何重要：這是在本週早些時候在紐約啓動的與特朗普媒體有關的備受矚目的內幕交易審判之際發生的。被告布魯斯·加雷利克被控在一家空殼公司宣佈與特朗普媒體合併之前非法交易其股票。
Additionally, Trump Media recently awarded former U.S. President Donald Trump 36 million additional shares, pushing his total stake in the company to over $5.7 billion.
此外，特朗普媒體最近向美國前總統唐納德·特朗普增發了3600萬股股份，使他在該公司的總股份達到57億美元以上。
Price Action: On Thursday, DJT shares closed at $48.68, marking a 7.87% increase from the previous close.
價格走勢：週四，DJT股價收於48.68美元，較前一收盤上漲7.87％。
Image by mundissima via Shutterstock
圖片由 mundissima 通過 Shutterstock 拍攝