Guess Where Marjorie Taylor Greene Has Suddenly Gotten Popular?
Trump Media fired back with a statement of their own.
“Citadel Securities, a corporate behemoth that has been fined and censured for an incredibly wide range of offenses including issues related to naked short selling, and is world famous for screwing over everyday retail investors at the behest of other corporations, is the last company on earth that should lecture anyone on ‘integrity,’” a spokeswoman told The Wall Street Journal.
Naked short selling, an illegal practice, differs from conventional short selling, which is when traders borrow stock shares before selling them, hoping to profit later by buying back the stock at a lower price. In naked short selling, a trader never follows through on the promise to borrow. This can severely hurt a company’s stock price, and there is no shortage of people who would want to see Trump’s stock fail.