Topic: Austin Private Wealth

3 chapters across the catalog

Edward Dowd analyzes the reports of a Texas-based firm, Austin Private Wealth, placing massive put options against Trump's "DJT" stock. Dowd concludes that it was likely a "clerical error" by a third-party vendor, noting that the firm's filings for other stocks like Apple were also mathematically impossible. However, he maintains that the S&P 500 showed suspicious "market on close" activity on the Friday before the shooting.

Alex Jones opens the broadcast discussing a massive short position allegedly taken against the Trump Organization and Truth Social by Austin Private Wealth. The investment firm, described as a leftist ESG-focused entity, reportedly filed a short for 12 million shares just days before the July 13, 2024, assassination attempt in Butler, Pennsylvania. Jones claims the SEC filing was later withdrawn as a "clerical error," suggesting potential foreknowledge or insider trading linked to the attack.

Chase Geiser reads the official statement from Austin Private Wealth regarding their SEC filing error. The firm claims a third-party vendor applied a 10,000x multiplier to their options contracts, erroneously showing a 12 million share short instead of 1,200 shares. The firm expressed regret for the error occurring at a "fraught moment" for the nation.