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I think it's odd that Musk says he's buying 10M of shares to boost confidence, but he is already very highly leveraged with loans against his current shares. I
by alex_young 8y ago
I think it's odd that Musk says he's buying 10M of shares to boost confidence, but he is already very highly leveraged with loans against his current shares.
If you use a loan against your shares to buy more shares and that causes your share value to increase, that's a very interesting chain of events.
- fooker 8y agoAh, the self sufficient pyramid scheme!