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“Yes it is illegal, but we who own mining shares know all too well that it is done every day!”

Trump Media Stock Spikes After CEO Pens “Naked” Short Letter

Shares of Trump Media spiked on Friday after the company alerted the Nasdaq to ‘potential market manipulation’ from ‘naked’ short selling of its stock.

The warning came as the company, which trades under the symbol $DJT, offered shareholders detailed instructions on how to prevent someone from loaning out their shares to short sellers.

In a Friday morning letter to Nasdaq CEO Adrena Friedman, CEO Devin Nunes noted that as of Wednesday, “DJT appears on Nasdaq’s ‘Reg SHO threshold list,’ which is indicative of unlawful trading activity.”

Read more here…