Re:SEC Sues Musk and Seeks Ban for His Tweets on Go-Private ...
by jonathankoren on Friday September 28, 2018 @02:48AM
(#18091494)
Anything that effects price is connected with the selling of securities. In fact, his very statement was equivalent to "Buy now, and make an easy $420 per share!", and people did actually purchase the stock.
This is textbook market manipulation.