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.
‘Enforcement 40’ for 2020
Join Us On LinkedIn
Join the Securities Litigation and Enforcement Group on LinkedIn