this post was submitted on 10 Apr 2025

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Trump's 'buy' tip on social media before his tariffs pause made money for investors who listened (apnews.com)

submitted 1 year ago by LordCrom@lemmy.world to c/news@lemmy.world

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[–] bane_killgrind@slrpnk.net 19 points 1 year ago (1 child)

Crazy that it's so transparent

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[–] huppakee@lemm.ee 4 points 1 year ago (2 children)

I am not sure about this, but that first spike might correspond with his tweet of 'buy now' before he tweeted about pausing the tariffs. If that's true this is a whole less about secret information for his best buddies and much more about people blindly following his stock market 'advice'. Immoral either way though.

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[–] SoleInvictus@lemmy.blahaj.zone 7 points 1 year ago

I suspect that tweet was to obfuscate the insider trading by his cronies.

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[–] Agosagror@lemmy.dbzer0.com 7 points 1 year ago (1 child)

I was on reddit looking at wall street bets, his tweet was 6 hours before the event happened and 5 hours before the insider trading.

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[–] huppakee@lemm.ee 1 point 1 year ago (1 child)

So the insider trading was one hour after his 'buy now' tweet?

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[–] Agosagror@lemmy.dbzer0.com 4 points 1 year ago (1 child)

No like 5 hours after It was an hour before the announcement

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[–] huppakee@lemm.ee 1 point 1 year ago (1 child)

Wait what happened first I'm confused. There was an event, then 5 hours after there was the 'buy now' tweet and then one hour later there was the 'nvm the tariffs' announcement?

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[–] Zahille7@lemmy.world 2 points 1 year ago

There was an event. 6 hours before the event, trump tweeted. 5 hours before the event (one hour after tweet) the insider trading happened.

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