SEC ovadil Elona Muska zaradi goljufije

ZachF said: ?
Let's face it, the SEC became a joke when they did absolutely nothing when the largest financial fraud in US history happened 10 years ago. They're owned by the big finance firms.

This.......on steroids. A $10B bet against Tesla is placed by the largest institutions. This bet that Tesla cannot produce will fail very visibly at the end of Q3......if not on Monday with an announcement of delivery numbers. Big Money calls the SEC for a lifeline that will allow them to pass their bets into the hands of smaller Short positions IN FULL by creating a mechanism (the lawsuit announcement) that dumps the share price enough for them to do so. The Short position on Monday morning will still be similar to what it was last week...........but it will be held by 'smaller hands' (not the President's smaller hands). And then Big Money will be buying like crazy to ride the price back up and crush the people that they handed their bag of 'stuff' to. This is really no different than 10 years ago, with the exception that 10 years ago GS torched Lehman Brothers (their competition). Next week they will torch their own followers. Greed has no shame. But it is a shame that Greed collects followers. And this next week may find many of those followers feeling a sense of shame.

The SEC announcement was literally made at the very last moment for it to have successfully bailed anyone out of a bad short bet before Oct 1st. That is why I see the SEC lawsuit itself as a dangerous bet. IMO the SEC will eventually do everything it can for this NOT to go to court, because like many others here I do not think that was the intention of filing the suit. But who wouldn't fully expect that Elon will do everything in his power to actually take this to court for the pain that it caused himself, his company, his employees, and every Long investor that he stood by and tried to protect when he finally decided not to go private. Protecting the banks that act recklessly appears to have only taught them they can continue to expect protection at the highest levels. Friday's price action adds fuel to Elon's case. A reversal next week that includes any gains by Big Money that held a Short Position as late as last week will only add further support.

Let's face it, the SEC became a joke when they did absolutely nothing when the largest financial fraud in US history happened 10 years ago.