Tesla shares dive after Consumer Reports yanks recommendation for Model S

Re:Tesla shares dive after Consumer Reports yanks recommenda... by kpwagner on Tuesday October 20, 2015 @03:41PM (#10421299)

The number is zero. Any more than that would be a serious scandal--can't imagine that would be legal. Market manipulation is a pretty serious crime ever since the days of Jay Gould.

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Re:Tesla shares dive after Consumer Reports yanks recommenda... by Overtonwindow on Tuesday October 20, 2015 @03:59PM (#10421443)

I'm not so sure, remember when it was perfectly legal for members of Congress and their staff to use information gained through their jobs to make stock purchases? I mean this was just a few years ago....

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Re:Tesla shares dive after Consumer Reports yanks recommenda... by aetherson on Tuesday October 20, 2015 @06:19PM (#10422225)

Is it your contention that Congress also created a special exemption for Consumer Reports? That seems like:

a. It credits CR with a lot more power than CR actually has.

b. We would have heard about it before now.

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Re:Tesla shares dive after Consumer Reports yanks recommenda... by Overtonwindow on Tuesday October 20, 2015 @06:23PM (#10422245)

I'm not saying that consumer reports did anything wrong, but insider trading or not, it happens. And places we would not expect. Who would've ever thought that members of Congress in their staff would be allowed to do insider trading? Until someone pointed out that it was illegal some years back, it never crossed my mind. I assumed it was illegal

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Re:Tesla shares dive after Consumer Reports yanks recommenda... by FireBeyond on Tuesday October 20, 2015 @04:46PM (#10421698)

When it was? It still is, as far as I recall.

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