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Shareholders have not been losing money from these tweets. The short sellers have been. The SEC should not be protecting those who are harming a company and who
by mlindner 8y ago
Shareholders have not been losing money from these tweets. The short sellers have been. The SEC should not be protecting those who are harming a company and who are not share holders.
If anything the TSLA shareholders should sue the SEC for material damage because of these attacks.
Finally, the guidance wasn't 400k, it was 300k-500k. So this was already public information.
- cat199 8y agoit's not about shareholders, it's about ensuring 'healthy markets'.. manipulating markets in either direction damages this. also: the terms of the agreement required him to have statements audited by counsel, this was apparently not - even if it was 100% spot-on with no ambiguity it would still be a violation