• Home
  • About
  • ‘Enforcement 40’ for 2020
  • Webcasts
  • Enforcement Hall of Fame
  • Contact
Securities Docket
Ankura
  • Class Actions
  • Criminal
  • Events
  • Features
  • Global
  • People
  • SEC
Browse: Home / 2017 / February / 06 / Robot makes money off Trump’s tweets and donates it to the ASPCA — CNNMoney

Robot makes money off Trump’s tweets and donates it to the ASPCA — CNNMoney

By Securities Docket on February 6, 2017, 1:28 pm

Austin-based marketing company T3 has created a robot — dubbed the “Trump and Dump” — that analyzes Trump’s Twitter feed. Every time the president sends a negative tweet about a publicly traded company, the bot automatically short sells that company’s stock, which means the bot essentially places a bet that the company’s stock price will go down.

And they’ve been making money doing it, says T3 President Ben Gaddis. The proceeds are then donated to the American Society for the Prevention of Cruelty to Animals.

via Robot makes money off Trump’s tweets and donates it to the ASPCA — CNNMoney

Posted in Industry, Top | Tagged Trump, Twitter

« Previous Next »

Subscribe

‘Enforcement 40’ for 2020

The inside story behind the collapse of Queensland Nickel

Our Sponsors

Securities-Docket_260x125_14Sec Ankura 260x125

Join Us On LinkedIn

Join the Securities Litigation and Enforcement Group on LinkedIn

Archives

Copyright © 2023 Securities Docket.

  • Home
  • About
  • ‘Enforcement 40’ for 2020
  • Webcasts
  • Enforcement Hall of Fame
  • Contact
  • Criminal
  • Class Actions
  • Features
  • Global
  • People
  • SEC
  • Events