Tesla Faces U.S. Criminal Probe Over Musk Statements

Re:Tesla Faces U.S. Criminal Probe Over Musk Statements by hcknwscommenter on Tuesday September 18, 2018 @04:52PM (#18019014)

I'm not so sure. What direction will it "sure move" if you short 20% of FB float? You have to borrow a stock to short it from someone, so the stock that you short is not actually sold just lent.

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Re:Tesla Faces U.S. Criminal Probe Over Musk Statements by imcoconut on Tuesday September 18, 2018 @06:16PM (#18019707)

The price would definitely move down if you sold 20% of facebook's float. The market doesn't care that you borrowed and are the one selling (as opposed to the party you borrowed it from selling them), all that matters is that 20% of the shares are being sold.

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Re:Tesla Faces U.S. Criminal Probe Over Musk Statements by zwerdlds on Tuesday September 18, 2018 @10:55PM (#18021315)

Hedge funds, which can turn huge sums into market swings often use this technique to drop the price, creating additional drops from panic sell offs, allowing them to make a margin on it from the bottom.

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Re:Tesla Faces U.S. Criminal Probe Over Musk Statements by Ftuuky on Wednesday September 19, 2018 @08:17AM (#18023615)

Is that legal?

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Re:Tesla Faces U.S. Criminal Probe Over Musk Statements by qaq on Tuesday September 18, 2018 @05:05PM (#18019120)

It's lent but you just artificially increased the volume because otherwise someone would have to sell actual shares.

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