‘Trump and Dump' Turns Tweets Into Donations
There’s something to be said about President Donald Trump’s relationship with Twitter and the stock market. When the president criticized General Motors for making Cruze models in Mexico on Twitter — the brand’s stock fell .7 percent. The same thing happened to Boeing shares in December. Notice a pattern? So did T3. The Austin-based marketing and advertising firm created a bot or automated software and called it the “Trump and Dump.” If the president mentions a publicly-traded company in a negative way–using words like “Cancel” or “No”– the software then automatically shorts the company’s stock. All within a matter of milliseconds.