Folks at digital marketing company The Think Tank, or T3 , “ve noticed that” when Trumps tweets blame a company like when he complaints about Boeing in a tweet about improving a new 747 Air force One the companys broth tends to briefly fall.
So, they created Trump and Dump , a bot that picks up when Trump mentions a publicly quoted companionship or firebrand in a tweet. The bot use an algorithm to psychoanalyze whether the mention is positive or negative, and if its sufficiently negative, it instantly short-sellsthat companys shares. Heres a video justifying the bot further.
OK, so how do swine factor into this? During its Trump and Dump experiment, T3 is donating its trading advantages to the American Society for the Prevention of Cruelty to Animals . T3 President Ben Gaddis told The Huffington Post the company selected the ASPCA because its a noncontroversial cause and wanted it to be clear that Trump and Dump was not a political statement.
The ASPCA confirmed to The Washington Postthat T3 had indeed donated in the working group, but pointed out the organization wasnt involved with the company or the bot.
Gaddis wouldnt enunciate how much fund his firm has made from Trump and Dump trading. But he said it was successful in general.
Besides being good for advertisement, Trump and Dump is yielding T3 some useful information.
Its a capability we can apply for our clients just understanding circumstances that happen in the social realm that can impact our business, Gaddis said. Next, he remarked, T3 might examine how Trumps mention of specific countries might influence trade in currencies.
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