CNBC’s Jim Cramer Floats ‘Conspiracy Theory’ Trump Could Manipulate Stock Price To Claim Advantage Over Kamala Harris

CNBC’s Jim Cramer told co-anchors Carl Quintanilla and David Faber he wanted to float a “conspiracy theory” about how former President Donald Trump’s media stock could be manipulated to claim an advantage over Vice President Kamala Harris .

Trump’s Trump Media and Technology (DJT) company began trading on the NASDAQ stock exchange in the spring and immediately shot up in initial trading — then sharply fell after some negative financial disclosures, then rallied somewhat, then fell again.

For weeks the stock sat just above its all-time low, with a share price slightly north of 16 bucks. But the stock has enjoyed a resurgence amid a tightening race between Trump and Harris.

On Tuesday morning’s edition of CNBC’s Squawk on the Street , Cramer latched on to the stock’s spike to change the subject away from Trump’s immigration plans, spinning a scenario in dense finance bro jargon that only worked momentarily:

JIM CRAMER: Extraordinary. I mean, Micron putting up a 16 hour plant in New York. There’s just so — I hope we have enough workers to do all this stuff. I mean, we need robots so badly. It’s really incredible. We just do not have enough people to do these things.

DAVID FABER: Well, we have a presidential candidate who conceivably is going to be deporting a lot of people.

JIM CRAMER: Not familiar with it.

DAVID FABER: Really, you’re not familiar with it.

CARL QUINTANILLA: You’re familiar with DJT.

JIM CRAMER: Oh yeah! I like the way that acts —

CARL QUINTANILLA: From 12 to 30 since September 24th.

JIM CRAMER: Okay, I’ll give you a little conspiracy theory.

Let’s say you, you develop the short squeeze and then you wanted to be able to say that you raised more money than the other candidate.

And you were allowed to do, the board let you do a some sort of shelf.

Well, then you can claim you raised more money than the other candidate, and —

DAVID FABER: Right. That’s true. Well, there’s a lot of money in that, for sure, to your point. And the stock continues to move up with the betting odds are Trump will be victorious in the upcoming elections.

JIM CRAMER: It’s not an earnings story.

DAVID FABER: No, it’s an election story. It moves moves with the with the likelihood of a Trump victory. Back to which I said you talk about a shortage of labor.

If former President Trump gets reelected, he has a plan. He talks about it all the time, to — I mean, we have a lot of illegal immigrants and he wants to deport a lot of them. Do they have jobs? Will that impact the labor force?

JIM CRAMER: David? There’s a — periodically I ride the subway. When you look down the subway, there’s this rail. It’s not a good rail. And I’m not about to throw myself on that rail.

DAVID FABER: I’m just asking you a question!

JIM CRAMER: I’m not going to throw myself on that rail because you know what? I value my livelihood. And my life.

DAVID FABER: So you’re not going to weigh in on this.

JIM CRAMER: David, I’m going to take you down The subway probably have been through there. You know, you can use you can use this now. You don’t need a token —

DAVID FABER: As you know, Jim, I take the subway 3 to 4 times a day.

Watch the video above via CNBC’s Squawk on the Street .