all along the watchtower
He should still be prosecuted. The mental health issues may be his defense.He may well have mental issues. I'm sympathetic, for the moment.
I have looked a little further into it after making similar statements myself, and I think market manipulation has a relatively narrow legal definition involving actual trades. Musk's conduct is probably more likely to be pursued under a broader fraud statute, i.e. knowingly making material false claims about Tesla in his role as CEO.He should still be prosecuted. The mental health issues may be his defense.He may well have mental issues. I'm sympathetic, for the moment.
Isn't it just a pump and dump strategy? I would accuse him of pumping up his stock price with artificial news, and with the clear aim of trying to ensure that the short-sellers cannot cover the margin costs of their short position. SEC description.I have looked a little further into it after making similar statements myself, and I think market manipulation has a relatively narrow legal definition involving actual trades. Musk's conduct is probably more likely to be pursued under a broader fraud statute, i.e. knowingly making material false claims about Tesla in his role as CEO.He should still be prosecuted. The mental health issues may be his defense.He may well have mental issues. I'm sympathetic, for the moment.
He definitely pumped, but I don’t think he did the dumping.Isn't it just a pump and dump strategy? I would accuse him of pumping up his stock price with artificial news, and with the clear aim of trying to ensure that the short-sellers cannot cover the margin costs of their short position. SEC description.I have looked a little further into it after making similar statements myself, and I think market manipulation has a relatively narrow legal definition involving actual trades. Musk's conduct is probably more likely to be pursued under a broader fraud statute, i.e. knowingly making material false claims about Tesla in his role as CEO.He should still be prosecuted. The mental health issues may be his defense.
One might want to accuse the short-sellers of market manipulation, but that is another argument entirely.
the stock price is $289 as of now.At the very least, Mr. Musk’s announcement served Tesla’s purposes by boosting its share price. If it remains elevated, that could help the company hold on to much-needed cash, by giving it more flexibility in dealing with convertible bonds coming due soon.
Tesla has $920 million in convertible bonds that come due in March, with a conversion price of $359.87. If Tesla stock is below that level at the time, the company will have to spend cash to redeem the bonds; if the stock price is above that level, the convertible holders will convert them into Tesla shares, relieving the company of the need to lay out cash.
Tesla had $2.2 billion in cash on its balance sheet as of June 30 and free cash flow of negative $1.8 billion in the first half of 2018.
Tuesday’s spike took Tesla stock above the trigger price, and the shares remained above it Wednesday, though they slipped 2.4% to close at $370.34.
I did not see any Tesla's in Svalbard on my last visit, but then only about 14 km roads there... Most teslas sold in Oslo area, and Bergen and possibly Tronheim. Norway biggest buyer in Europe by far, twice as big as next country.How does it work in the northern part of the country?
I don't know, I wanted to bring my bear spray (large pepper spray, supposedly very effective against grizzly bears, not sure it has been tested on polar) when I went there. but I looked up it was forbidden, it surprised me. But yes one are naturally supposed to try to scare it off with gun, but not sure polar bear so scared of guns, I think bear spray better, and possibly even safer. But naturally I follow the law of the Kingdom, so did not bring bear spray.Why is it easier in Svalbard to use lethal than non-lethal means of protection against polar bears???