To: Dutch Boy; DiogenesLamp
Musk wants to make Tesla private. The stock was too high to realistically do that. If he purposely causes the stock value to crash, he could buy back at a much lower price. Hr may be playing the long con. That thought had occurred to me. If someone is doing something that anyone could tell them would tank their stock price, then perhaps that is what they intended to happen.
You're saying in effect that he's shorting his own company.
That strategy would leave him vulnerable to gigantic shareholder lawsuits.
43 posted on
09/07/2018 11:42:35 AM PDT by
Steely Tom
([Seth Rich] == [the Democrat's John Dean])
To: Steely Tom
That strategy would leave him vulnerable to gigantic shareholder lawsuits. I was thinking it might, but it still seems to be a reasonable conjecture to me. It's either that, or he really is going nuts.
46 posted on
09/07/2018 12:32:23 PM PDT by
DiogenesLamp
("of parents owing allegiance to no other sovereignty.")
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