Re:Tesla Driver's Family Can Seek Punitive Damages over Fata...
by jpc0 on Wednesday November 22, 2023 @11:16AM
(#38381169)
> 2) Market cap is quite literally a bank. I can always borrow from the market by releasing more shares, or do the reverse by buying them back.
Here's an idea. Become the CEO of a large cap company and try that. If you are please let us know which one, I'd love to short your stock just before you do that because I would make a literal killing.
The moment you do that your stock will tank a significantly larger amount than what you just diluted, also you would be fired by your board the very next day.
Modern stock prices are not anywhere near book value of the company, the is especially true for Tesla which by many people's estimation is quite overvalued and a move like that would just tank the stock.
Here's an idea. Become the CEO of a large cap company and try that. If you are please let us know which one, I'd love to short your stock just before you do that because I would make a literal killing.
The moment you do that your stock will tank a significantly larger amount than what you just diluted, also you would be fired by your board the very next day.
Modern stock prices are not anywhere near book value of the company, the is especially true for Tesla which by many people's estimation is quite overvalued and a move like that would just tank the stock.
You are talking out your ass.