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Elon Musk just said on Twitter that he's considering taking Tesla private at $420 per share
Business Insider ^
| 08/07/2018
| Mark Matousek
Posted on 08/07/2018 10:45:40 AM PDT by SeekAndFind
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To: Enlightened1
Good call! I missed that. And I suspect you are correct.
21
posted on
08/07/2018 10:57:04 AM PDT
by
cuban leaf
(The US will not survive the obama presidency. The world may not either.)
To: SeekAndFind
Musk has also said on multiple occasions that Tesla will become profitable by the end of this year Zero chance of that happening, and he knows it.
His best bet to make money is to play with his Twiiter and say that he's "considering" doing things. Up 9% today.
22
posted on
08/07/2018 10:57:19 AM PDT
by
Mr. Mojo
To: redgolum
23
posted on
08/07/2018 10:57:49 AM PDT
by
Moonman62
(Give a man a fish and he'll be a Democrat. Teach a man to fish and he'll be a responsible citizen.)
To: SeekAndFind
is it possible to short an IPO?
24
posted on
08/07/2018 10:58:03 AM PDT
by
SheepWhisperer
("free thinking is a super power")
To: cgbg
Private shareholders have the same rights. They’ll be fewer in number, but have more clout.
25
posted on
08/07/2018 10:59:00 AM PDT
by
Moonman62
(Give a man a fish and he'll be a Democrat. Teach a man to fish and he'll be a responsible citizen.)
To: G Larry
> Seems like a controlling interest talking up the stock price. <
Bingo. This looks like Step 1 of the ol’ pump-and-dump.
26
posted on
08/07/2018 11:03:54 AM PDT
by
Leaning Right
(I have already previewed or do not wish to preview this composition.)
To: SeekAndFind
Trump proved to me that if you really want to be free and a business owner your business must remain private.
To: SeekAndFind
Why isn’t this guy being accused of stock manipulation with some of his tweets? SEC anyone?
28
posted on
08/07/2018 11:05:32 AM PDT
by
DAC21
To: SheepWhisperer
is it possible to short an IPO?
...
You can short any stock that is marginable.
But why would you ask such a question about a company going private?
29
posted on
08/07/2018 11:06:23 AM PDT
by
Moonman62
(Give a man a fish and he'll be a Democrat. Teach a man to fish and he'll be a responsible citizen.)
To: ImJustAnotherOkie
Easy Peasy, just pledge all the Public Shares as collateral.
...
How would that work?
30
posted on
08/07/2018 11:07:41 AM PDT
by
Moonman62
(Give a man a fish and he'll be a Democrat. Teach a man to fish and he'll be a responsible citizen.)
To: SeekAndFind
When he goes public, does the government get all the money back we’ve given him over the years propping up his personal business?
To: Enlightened1
It’s also hitler’s birthday
7
32
posted on
08/07/2018 11:15:34 AM PDT
by
infool7
(Observe, Orient, Pray, Decide, Act!(it's an OOPDA loop))
To: SeekAndFind
IF he did this it sure looks like oumping and is having that effect. It should be SEC actionable.
If I could raise money any other way and were serious about running an efficient company I would NEVER go public. If I sold I’d try a private sale before I did an IPO. Why? Been there, done that. Didn’t like it.
I don’ care for Musk but have to give him his due for getting things done. He is a shameless self-promoter and in time I suspect a Bernie Madoff.
33
posted on
08/07/2018 11:18:14 AM PDT
by
Sequoyah101
(It feels like we have exchanged our dreams for survival. We just have a few days that don't suck.)
To: SeekAndFind
Musk is trying to take it to the shorts.
To: SeekAndFind
The wheels on the bus are coming off, coming off, coming off.
The wheels on the bus are coming off, all over town!
35
posted on
08/07/2018 11:19:55 AM PDT
by
Haiku Guy
(ELIMINATE PERVERSE INCENTIVES)
To: Moonman62
Because it’s as losing bet.
Id bet on the loss if fed gov subsidies cease
36
posted on
08/07/2018 11:22:31 AM PDT
by
SheepWhisperer
("free thinking is a super power")
To: SheepWhisperer
Because it’s as losing bet.
...
What does that have to do with shorting an IPO?
37
posted on
08/07/2018 11:24:30 AM PDT
by
Moonman62
(Give a man a fish and he'll be a Democrat. Teach a man to fish and he'll be a responsible citizen.)
To: Sequoyah101
He is a shameless self-promoter
...
So is Donald Trump, another guy who gets things done.
38
posted on
08/07/2018 11:26:06 AM PDT
by
Moonman62
(Give a man a fish and he'll be a Democrat. Teach a man to fish and he'll be a responsible citizen.)
To: freedom1st
Trading in Tesla has been halted news pending.
To: Moonman62
Read it wrong. My bad.
Going private probably because it’s going to crash if the fed gov stops subsidizing it.
40
posted on
08/07/2018 11:26:53 AM PDT
by
SheepWhisperer
("free thinking is a super power")
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