Re:Elon Musk emails employees about 'extensive and damaging ...
by Lavery on Monday June 18, 2018 @10:45PM
(#17343426)
Your Enron example is worthwhile for the opposite reason you intended: there was a massive short position against Enron too, and corporate management accused the shorts of all manner of conspiracy, and the shorts were right.
"People invested deeply in something" describes the management of fraudulent companies far more than it does short sellers. There's a quote from David Einhorn's book (that I think he attributes to Warren Buffet) that is something to the effect of: "When you're short a fraudulent company, you'll be surprised at the ends they'll go to defend themselves. Because to you this is 5% or whatever of your portfolio, but to them it is everything."
Re:Elon Musk emails employees about 'extensive and damaging ...
by cjhopman on Monday June 18, 2018 @11:47PM
(#17343679)
"Her questions were so pointed that Enron's chief executive, Jeffrey K. Skilling, called her unethical for failing to do more research. Three Enron executives flew to New York in an unsuccessful effort to convince her editors that she was wrongheaded. Enron's chairman, Kenneth L. Lay, called Fortune's managing editor, Rik Kirkland, to complain that Fortune was relying on a source who stood to profit if the share price fell."
Re:Elon Musk emails employees about 'extensive and damaging ...
by manicdee on Monday June 18, 2018 @10:14PM
(#17343297)
The thing about the sniper was addressing paranoia and reassuring staff that every suggestion is being taken seriously, and besides following a lead that is easy to dismiss means you get an early cheap win: a great way to relieve stress.
Re:Elon Musk emails employees about 'extensive and damaging ...
by statictype on Tuesday June 19, 2018 @01:32AM
(#17344062)
>There's a $10+ billion short position against TSLA, constituting over 25% of outstanding shares.
Where do you get these stats?
Is there some place where we can see how many people are shorting different stocks?
Re:Elon Musk emails employees about 'extensive and damaging ...
by kbenson on Tuesday June 19, 2018 @01:59AM
(#17344136)
It's educated guessing, from analysts, according to what I've seen.[1] That said, it's not just a large short position, it's the largest (recently surpassing Apple shorts). Given that Apple's market cap is 15 times that of Tesla, that's quite a lot.
1: https://www.forbes.com/sites/chuckjones/2018/04/15/tesla-has...
Re:Elon Musk emails employees about 'extensive and damaging ...
by vesrah on Tuesday June 19, 2018 @02:03AM
(#17344153)
Look up a stock on WSJ, for example: https://quotes.wsj.com/TSLA
Note 'Shares Sold Short', multiply by value of stock.
Much more importantly, Musk made very concrete allegations, the truth of which should come to light in short order. I remember the insinuation SpaceX made during the 2016 incident, which was much more circumspect. If this allegation proves false I don't think people will be as forgetful about the attempt at blame shifting.