Re:Twitter says Musk’s spam analysis used tool that called h...
by positr0n on Saturday August 06, 2022 @12:16AM
(#32364784)
The theory is that buying twitter provided him a good "excuse" to dump a ton of TSLA. If he had just randomly sold billions of TSLA it would have spooked the markets because it would seem like Elon didn't believe in the future of the company, or at the very least didn't believe that it's current valuation is justified.
Re:Twitter says Musk’s spam analysis used tool that called h...
by yieldcrv on Saturday August 06, 2022 @12:18AM
(#32364798)
an you mean that its not really about the liquidity of the markets, its more about the perception of why the sell (of an amount that large) occurred at all, and extrapolating what that means
okay
Re:Twitter says Musk’s spam analysis used tool that called h...
by throwawaycities on Saturday August 06, 2022 @07:12AM
(#32367015)
He sold $8.5B in stock over 3 days and within 2 days of the sales filed Form 4’s (changes in beneficial ownership) as required by the SEC.
If you have SEC filings showing these sales were scheduled in advance show please link them.
Insiders have to have a stock acquisition/disposition window and follow that schedule to only sell during that pre-determined schedule
I don't really understand this theory/criticism, can you elaborate? note, its not about whether he did, its about whether its important since all insiders have windows and schedules they can and can't sell in
in this criticism, did he sell outside of that window? and is that compliant?
if it was within the window, then... who cares?