3 ms·
Hindenburg Research (which is notorious for unmasking frauds, stock promoters and market manipulators) called it on May 9th: https://twitter.com/HindenburgRes/
by Bubble_Pop_22 4y ago
Hindenburg Research (which is notorious for unmasking frauds, stock promoters and market manipulators) called it on May 9th:
https://twitter.com/HindenburgRes/status/1523677782211186690 https://twitter.com/HindenburgRes/status/1523677782211186690
Musk tried to use all his 90M followers weight and his snark belitteling them into closing the short :
https://twitter.com/elonmusk/status/1523693971842957312 https://twitter.com/elonmusk/status/1523693971842957312
Good on them for not listening to the noise and making bank.
In many years of watching sports, politics, business, culture I have seldom seen a more distasteful character than mr. Musk.
Back in my ignorant days I couldn't stand shortsellers, I considered them to be haters.
Oh so little did I know. They are the custodian of market sanity and also the saviors of the American consumer, they keep in check these megalomaniacal cult figures such as Musk, Holmes, Bernie Madoff, Adam Neumann who enrich themselves by inflating financial bubbles of epic proportions while providing little to no quality of life to the consumer
- mcintyre1994 4y agoDumb question, do you know why he’d care about shorts? He’s already agreed a price, does it really matter if people are buying and selling it way lower than that before he buys it all? Is it just an appearance thing?
- polygamous_bat 4y agoShort sellers push the price down, so on the chance he does go through with the purchase, he is seen like a fool who overpaid for the stock. And we all know how much narcissists like looking like fools.
- Traster 4y agoI don't think he was pressuring them to close the short, I think he was hinting that it'd be good for him if he could reprice the deal.
- zionic 4y agoNo one takes short-n-distort crews seriously after the 2016-2018 disaster.
- leobg 4y agoIf you equate Musk with Holmes I cannot take anything you say seriously. Wishful thinking at is finest.