Roadside Reveille

RIP Federal Reserve!!! This is Huge!!!! "This scheme essentially merges the Fed and Treasury into one organization. So, meet your new Fed chairman, Donald J. Trump." finance.yahoo.com/news/feds-cure… #WWG1WGA #QAnon #EndTheFed #Freedom

$DJT Hat tip to @flyeagelsfly I wanted to flag something important on the plumbing side of $DJT that I haven’t seen discussed much. The leveraged ETF DJTU (T-REX 2X Long Trump Media Daily Target ETF) has been trading under $2 while the main DJT stock sits around $10. That 5x discount is extremely hard to explain naturally. Over the last 3 months we’ve seen reported short interest on DJTU drop sharply from ~388K to just 43K, and shares on loan fall from 721K to 297K. The rperoted short interest is down from 12% to 1% but somehow (LOFL) the price has not recoevered at all Also the cost to borrow (CTB) has stayed elevated at ~28% (up from ~24% earlier). This pattern — lower reported numbers but higher borrowing cost — is not normal. It looks like shorts quietly repositioned or rolled exposure out of the ETF and into the main DJT ticker, options/swaps, or dark pools to keep pressure on without leaving obvious fingerprints. Here’s how it works: When someone shorts DJTU, the ETF provider has to hedge by shorting roughly 2X the equivalent DJT shares (or using derivatives that achieve the same net short exposure). This indirect pressure on DJT is almost invisible in the main ticker’s reported short interest because it’s buried in ETF rebalancing. On top of that, DJTU has an extremely tiny float, which allows 5X–10X+ rehypothecation chains (brokers re-lending the same shares multiple times). This creates massive synthetic exposure that never shows up in the public numbers. The token census (Feb 2 record date) only looked at direct DJT share ownership — so this ETF-related plumbing is largely invisible to it. But the real catalyst is still coming with the S-4 filing and the Truth Social spin-off to SpinCo/TVA. That creates a non-fungible property dividend where shorts must deliver actual TVA shares (tiny ~22.5M float) — not cash, not DJT shares, and not synthetics. They can’t synthesize their way out, and the shortfall (potentially hundreds of millions of TVA shares needed) will trigger FTDs → FINRA 11810 buy-ins at any price → TVA squeeze → sympathy pressure in DJT (covering, recalls, gamma ramps from calls).Tens of millions (or more) of hidden, never-reported shorted shares used to suppress the stock are now hidden elsewhere — my guess is mostly in swaps and derivatives. I think everyone should be made aware of this. The ETF game is just another layer of the same suppression playbook, but the mechanics of the spin-off trap are designed to end the “never cover” game once and for all. Even if they hide in the ETF, they can’t hide from the non-fungible delivery obligation once the S-4 locks it in.NFA/DYOR — this is theoretical mechanics discussion only. Thoughts? Anyone else seeing similar patterns in leveraged vehicles?