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idk, a part of me wished he had dirt on some of these short trading firms, Greenlight Capital, etc. Short sellers do seem to have uncanny timing for playing pre
by onepremise 8y ago
idk, a part of me wished he had dirt on some of these short trading firms, Greenlight Capital, etc. Short sellers do seem to have uncanny timing for playing press releases, especially when they are false. Lots of manipulation, especially in crypto, causing enormous losses. However, rarely do I see the SEC go after these guys. I would like the SEC to go after both, not just Musk, if it does turn out he defrauded investors. I admit, I want to see Tesla succeed, but not at the expense of HODLers, owners, and tech enthusiast. Musk doesn't need to be at the helm of Tesla for it to succeed. We just need somebody in there that can stabilize the excessive spending and research, start reducing the debt incurred. If Tesla can ever shed the debt, they wont have to worry about short sellers and the TSLA share price.
- JumpCrisscross 8y ago> rarely do I see the SEC go after these guys What would they go after the short sellers for? Shorting incentivises bubble popping and private antifraud research. I can't think of a single time short sellers trashed a healthy company, yet I can think of several times short sellers pricked something foul before it got too far along.