Two days ago a small thought came to me, after I had seen reports about the troubles Boeing and other companies have had, or could potentially have, when Trump lets his thumbs do the talking through Twitter. In between the realization that these Tweets will probably be his press releases now, whether he wants to sit at the same table as Jack Dorsey or not, came the darker knowledge:
It seems that I am not the only one who has not only had this thought, but taken action on it:
Screenshot Source: Twitter / Salon
Salon published this article this morning which, in a slightly longer form than my Tweets can achieve, says much the same thing. Someone is out there watching and waiting. When Trump tweets and tanks on a company such as Boeing, they get involved whether by short-selling, or by buying at the lowest point and selling off again when the shares get back to where they should be.
Now, if Trump worked for the companies he is tanking, he’d be taken for an inside trader, something which isn’t too well thought of, to the point that it is illegal. Instead, he isn’t, but could almost be accused of industrial espionage. The way in which stocks and shares work is not the same as with journalism: Trump can tank on Vogue Teen or any other publication which lambasted or criticized him, and there will be next to no detrimental result; stocks and shares react differently and the value of a company can literally be destroyed by a wrong word.
But, as we all know, Trump only wants what is best for his America….
- Viktoria Michaelis.