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>>Why repeat absurd rumors about billion dollar investor lawsuits? You misunderstand. The calculation is not about a single lawsuit costing billions. It's abou
by enraged_camel 8y ago
>>Why repeat absurd rumors about billion dollar investor lawsuits?
You misunderstand. The calculation is not about a single lawsuit costing billions. It's about potential damages from ALL possible lawsuits from pissed off short-sellers. And that's not absurd at all - it's a real possibility, since Tesla stock is one of the most popular on the stock market.
- kgwgk 8y agoNot only from short-sellers. Many people bought TSLA at $380 because, you know, funding secured.
- thewizardofaus 8y agoMany people shorted TSLA at $380 because, you know, easy money
- kgwgk 8y agoI don’t think those can sue for damages :-)
- compcoffee 8y ago>It's about potential damages from ALL possible lawsuits from pissed off short-sellers. What happens if you bought calls for a price higher than $420? They are worthless. You don't have to be a short-seller to have been burned by this.
- dragontamer 8y ago> What happens if you bought calls for a price higher than $420? They are worthless. To be fair, they always were worthless at best, the company would be bought at $420 (and no higher). ------- I think you mean "bought calls at strike price $400" (leaving ~$20 buffer before the presumed buyout price). If Tesla were bought at $420, then calls at strike $400 would be worth $20 each. Of course, as the $420 buyout price is falling apart, a call@400 is looking pretty worthless right now.