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Fri Dec 9, 2016, 10:26 AM

Conway warns Trump capable of manipulating the stock market using Twitter

and he's willing to do it whenever he feels like it.

CONWAY: So, President-elect Trump sees that he has this massive online platform. He says about 35 million on Twitter and Facebook combined. And he sees an opportunity to communicate right to people by cutting through the noise or the silence, whatever the case may be, through social media platforms. But see that through tweets now he can affect industry, he affected the stock market yesterday, frankly, and he did it twice. He did it in two different ways: first, by telling Boeing to cancel the project or maybe put it on hold. He thinks it's too expensive, it goes against his entire platform of cutting waste and abuse in the system. And then their stocks went down 1.5 percent yesterday. And then secondly, he went down to the lobby in Trump Tower where the media are, and he announced a $50 billion -- that's with a "b" -- investment by SoftBank.

http://thedailybanter.com/2016/12/trump-will-keep-using-twitter-to-manipulate-the-stock-market/

31 replies, 2661 views

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Arrow 31 replies Author Time Post
Reply Conway warns Trump capable of manipulating the stock market using Twitter (Original post)
HAB911 Dec 2016 OP
DetlefK Dec 2016 #1
Tommy_Carcetti Dec 2016 #9
hughee99 Dec 2016 #29
tanyev Dec 2016 #2
Else You Are Mad Dec 2016 #3
deaniac21 Dec 2016 #4
WhiteTara Dec 2016 #5
TheBlackAdder Dec 2016 #6
ladjf Dec 2016 #8
ladjf Dec 2016 #7
HAB911 Dec 2016 #10
Wounded Bear Dec 2016 #13
HAB911 Dec 2016 #19
Wounded Bear Dec 2016 #21
flamingdem Dec 2016 #28
usedtobedemgurl Dec 2016 #22
Wounded Bear Dec 2016 #23
usedtobedemgurl Dec 2016 #25
AgadorSparticus Dec 2016 #11
Yavin4 Dec 2016 #12
Wounded Bear Dec 2016 #16
Barack_America Dec 2016 #18
Yavin4 Dec 2016 #24
Laura PourMeADrink Dec 2016 #14
maryellen99 Dec 2016 #15
Wounded Bear Dec 2016 #17
maryellen99 Dec 2016 #26
spanone Dec 2016 #20
no_hypocrisy Dec 2016 #27
mfcorey1 Dec 2016 #30
HAB911 Jan 2017 #31

Response to HAB911 (Original post)

Fri Dec 9, 2016, 10:29 AM

1. I believe, the politically correct term for this is "insider trading".

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Response to DetlefK (Reply #1)

Fri Dec 9, 2016, 01:17 PM

9. L'etat, c'est moi. nt

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Response to DetlefK (Reply #1)

Mon Dec 12, 2016, 01:10 PM

29. Actually, if he's publicly announcing "insider information", it's not insider trading.

Insider trading would be if he used this knowledge that no one else has to make investment decisions or if he passed that information on in a non-public manner to someone else who did.

"Price manipulation" might be a closer term to what he's doing.

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Response to HAB911 (Original post)

Fri Dec 9, 2016, 10:32 AM

2. Extortion, Kellyanne?

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Response to HAB911 (Original post)

Fri Dec 9, 2016, 10:40 AM

3. And the Trump supporters will love this.

They are too stupid to realize that Trump could destroy your 401k with just a couple of tweets.

That said, that is utterly frightening. Trump hold grudges so publicly traded companies will not do any thing to piss him off.

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Response to Else You Are Mad (Reply #3)

Fri Dec 9, 2016, 11:18 AM

4. With just one tweet.

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Response to HAB911 (Original post)

Fri Dec 9, 2016, 11:35 AM

5. It's a nice country you have, don't make me ruin it

by annoying me with facts or truth.

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Response to HAB911 (Original post)

Fri Dec 9, 2016, 11:44 AM

6. Meanwhile, Congress and the President are not barred from insider trading, even when on a committee.

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Response to TheBlackAdder (Reply #6)

Fri Dec 9, 2016, 01:15 PM

8. It's obvious that our Constitution needs updating. nt

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Response to HAB911 (Original post)

Fri Dec 9, 2016, 01:14 PM

7. What a racket! nt

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Response to HAB911 (Original post)

Mon Dec 12, 2016, 10:54 AM

10. Trump targets Lockheed Martins F-35 fighter jet costs

The aerospace giantís shares dropped 2.6 percent in premarket trade after Trumpís tweet. DOWN 4% as I post

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Response to HAB911 (Reply #10)

Mon Dec 12, 2016, 11:00 AM

13. Not to defend Trump, but that's a legitimate target...

one of the biggest boondoggles around. Problem we have is that there is plenty of shit like this he can point at to distract while he rips us off in other ways.

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Response to Wounded Bear (Reply #13)

Mon Dec 12, 2016, 11:16 AM

19. Understand, but what if

next he gets a hard on for AT&T or Verizon because they charge too much for comm services or any of hundreds of others residing in 401K plans?

He's a shithead

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Response to HAB911 (Reply #19)

Mon Dec 12, 2016, 11:18 AM

21. Agreed, he sucks donkey dicks...

I just don't want to get too distracted by shit like this. If people sell stock because shit-head tweets some crap, they deserve to lose their shirts.

The real story to me is the Russian interference in our elections.

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Response to Wounded Bear (Reply #21)

Mon Dec 12, 2016, 01:00 PM

28. Agree. Let's keep the eye on the Russian story

before it gets buried.

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Response to Wounded Bear (Reply #13)

Mon Dec 12, 2016, 11:20 AM

22. I think you are missing the point of the post....

Kelly Anne is issuing a thinly veiled threat. Is it ok with you that Donald could have read that they were against him and wary of him and then, hours after that was made public, Donald decides to flex his muscle and retaliate for someone daring to stand up against him? This could have a chilling effect on our first amendment knowing that Trump will try to bring down your stock if you dare go up against him. On the other hand they are showing that if you cooperate with Comrade Trump that you can be rewarded with higher stock prices.

It does not matter whether someone deserves to be criticized or not, this is bullying people into submission and trying to quell the voices of dissent. That is never ok in a democracy.

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Response to usedtobedemgurl (Reply #22)

Mon Dec 12, 2016, 11:27 AM

23. Not really missing the point...just clarifying...

the threat is all too real, and it's deplorable that she would say it.

But once again, he uses bad shit to divert our attention all the time, and there are plenty of "legitimate" targets out there.

It's a Gish gallop of shit that should be disqualifying, and marginally criminal. He piles scandal on scandal so fast that nobody can keep up, and people give up in exhaustion. Meanwhile, he setting up for the oligarchy to fleece the public coffers.

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Response to Wounded Bear (Reply #23)

Mon Dec 12, 2016, 11:30 AM

25. Ok, because it sounded like you thought it was fine....

and in all fairness, they deserve this scrutiny.

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Response to HAB911 (Original post)

Mon Dec 12, 2016, 10:58 AM

11. Nice threat to wall street...

The boy can only cry wolf so many times, you know.

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Response to HAB911 (Original post)

Mon Dec 12, 2016, 10:59 AM

12. And that's why I am selling my stocks

The market is supposed to reflect the actual value of the company, not some babbling idiotic tweets.

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Response to Yavin4 (Reply #12)

Mon Dec 12, 2016, 11:07 AM

16. Probably not a bad idea...

I see another bubble coming. Certainly, the education loan problem is about to explode.

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Response to Yavin4 (Reply #12)

Mon Dec 12, 2016, 11:13 AM

18. Index funds...

...or better yet, bonds.

Or, shit, maybe even gold.

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Response to Barack_America (Reply #18)

Mon Dec 12, 2016, 11:28 AM

24. I have all three. n/t

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Response to HAB911 (Original post)

Mon Dec 12, 2016, 11:00 AM

14. Sickening, just sickening. Amazing how stupid she is.

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Response to HAB911 (Original post)

Mon Dec 12, 2016, 11:02 AM

15. I think this is coming back as well


I think that easy credit,overpriced McMansions/real estate,and easy to get bad mortgages are coming back and are going to cause a depression when that bubble bursts.

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Response to maryellen99 (Reply #15)

Mon Dec 12, 2016, 11:08 AM

17. I hear you!

And, of course, they will blame SS, Medicare, and Medicaid and cut my benefits.

They no longer even try to hide their intentions.

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Response to Wounded Bear (Reply #17)

Mon Dec 12, 2016, 11:54 AM

26. They don't

The same ones who blame minorities for their house being foreclosed instead of themselves-not the ones who lost their homes due to unforeseen circumstances,I'm talking the ones who refinanced up to the hilt so they could have granite countertops,stainless steel appliances etc.

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Response to HAB911 (Original post)

Mon Dec 12, 2016, 11:17 AM

20. ...and that should strike fear into every america loving soul

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Response to HAB911 (Original post)

Mon Dec 12, 2016, 12:51 PM

27. Threat, not a warning.

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Response to HAB911 (Original post)

Mon Dec 12, 2016, 02:47 PM

30. Can we encourage her Russian citizenship?

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Response to HAB911 (Original post)

Tue Jan 3, 2017, 10:06 AM

31. Trump blasts General Motors: Make Chevy Cruze model in US or 'pay big border tax'

GM shares, which were at $34.38 in premarket trading before the tweet, fell to a session low of $34.22, or about a $244 million hit to its market value. However, shares have since come back to about half of where they were before the tweet.

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