Sure Elon prob opened Tesla up to some lawsuits if there is no funding.
Right, but what happens to your short (likely made with a margin loan) if the company does go private and there is no open market remaining for your position??
https://www.cnbc.com/2018/08/08/tesla-likely-to-face-sec-investigation-following-musk-tweets.html
Tesla still hasn't said where it's getting the more than $71 billion it would cost to take the company private. Wall Street bankers also don't know, suggesting Musk has secured financing elsewhere. But that seems implausible given the size of the deal, which would require multiple banks, and cult-like interest in Tesla, dealmakers and analysts say.
I can't imagine there are enough suckers out there to fund taking Tesla private.
AMD up 95%People should own up to losing not just their wins...I am down 10 percent on CRSP...it's super up and down. If any ones looking for a ton of risk to add to their portfolio
I am part of 3d systems class action lawsuit from a few years ago. I am hoping for a nice little check in the mail.One 90+% gainer is a pretty good start. Also noticed that 3D systems (DDD) was up 4.39 or 32% today. Think I had mentioned that one last year with pretty bad timing.
I can't either and I imagine this is just Elon stroking his pride and perhaps opening Tesla up to some big lawsuits from the shorts. However, this is the land for professionals and not small fish.
Oh, Arrrrrgeeeeennnntttt ... where are you???
Can I sell you my TSLA shares now?
Buy the dips, sell the tops. Easy money.I hope you did get the TSLA shares sold, I know I didn't buy them but maybe a short seller would buy them with the squeeze. Down 30 points (9%) today to $305. That didn't last long. Nice job Elon.
Apple is very long term. Have had it for over 10 years. There is a reason Buffet keeps buying it. It’s a highly successful company with loads of cash and diversity of product.I'm very over-exposed in Apple but it has worked out well. I keep an eagle eye on it because if something bad happens I would be screwed. I've got stop losses in place that I get to keep raising so I'm actually pretty safe. I'm a holder now. I used to trade it but I'm not good at it. I just buy dips and never sell.
Apple is very long term. Have had it for over 10 years. There is a reason Buffet keeps buying it. It’s a highly successful company with loads of cash and diversity of product.