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> I think we can assume pretty slimy tactics from Musk. I personally think we can assume slimy tactics from everyone involved. Did Musk do what he was accused
by flutas 4y ago
> I think we can assume pretty slimy tactics from Musk.
I personally think we can assume slimy tactics from everyone involved.
Did Musk do what he was accused of? Knowing his attitude most likely.
Did someone also have very large shorts opened on Tesla right before the story dropped, to expire a day later? Yep.
https://twitter.com/unusual_whales/status/1527439455350468609 https://twitter.com/unusual_whales/status/152743945535046860...
- throwawaybobby 4y agoThat someone could be him, since he knew the story was going to break and tank the stock.
- lupire 4y agoThis has happened at least twice, and the first time didn't involve Elon/Tesla, but did also involve Business Insider.
- lupire 4y agoNot everyone, but yes a convicted securities fraudster (Henry Blodget) runs a news site that has now published two sexual harassment stories about two different companies, on two different dates (respectively), that both had unusually large shorts expiring.
- numair 4y agoThe Elon / TSLA fanboys need to update their conspiracy theory. Blodget doesn’t even own BI, which everyone knows. I think Elon himself helped to spread this conspiracy, when he would be fully aware it’s complete BS. This demonstrates to me that he is willing to engage in the dangerous game of pushing fake news on his blind followers to get them to go after his enemies, even if it makes no sense. These are the exact sort of people who should not have any power, because they’ll happily abuse it to cause societal harm. https://www.theguardian.com/media/2015/sep/29/axel-springer-buys-business-insider-henry-blodget https://www.theguardian.com/media/2015/sep/29/axel-springer-...
- flutas 4y ago> Blodget doesn’t even own BI Nobody I saw claimed he owns BI. He's a cofounder and the current CEO though and therefore does run BI. Just had to call you out on that for spreading a falsehood by trying to twist someone else's words while trying to make a claim about "fake news". But I also never said it was him either, someone else did. I have no clue who it is and don't even want to get into a guessing game of it. It could be Elon himself for all we know. I was just pointing out that someone knew and opened the short.
- numair 4y agoBlodget kept the title but Axel Springer ultimately determines what does or doesn’t happen. If you think Blodget is abusing his position to further a personal vendetta or short-selling agenda, you should contact Axel Springer and blow the whistle!
- FireBeyond 4y agoNaked short selling is farcical. But short positions are perfectly valid and the "oh the shorts, the shorts!" martyrdom is tired. People are allowed to think your company is overvalued.