ST Alpha - "I really hope that tweet gets him some serious SEC trouble. it was effin' stupid. -- nm" (Reading a Post)

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In response to "has Musk tweeted that he'll pay them all off and has the funding locked down tight yet? -- nm" by Beaker

I really hope that tweet gets him some serious SEC trouble. it was effin' stupid. -- nm

Posted by mafic Aug 9 '18, 18:53

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Responses:

the definition of stock manipulation -- nm - Beaker Aug 9, 19:00 5
- Only if it isn’t true. -- nm - znufrii Aug 9, 19:07 4
  - still feels like the smart first place to mention it is in an SEC filing. or anywhere but twitter really. even the blog post is lacking any real info. -- nm - mafic Aug 9, 19:10 3
    - I’m not saying it wasn’t dumb, just that it likely wasn’t illegal manipulation, if it’s true, as far as I understand it. -- nm - znufrii Aug 9, 19:23 2
      - my cynical conspiracy is he has no concrete plans, did it to hurt the shorts, and has done just enough ass-covering to make it legal. -- nm - mafic Aug 9, 19:26 1
        
        Except all this does is encourage the shorts, really, because now there’s clear downside risk with the possibility a deal doesn’t happen. -- (edited) - znufrii Aug 9, 19:31

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