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Tesla, TSLA & the Investment World: the Perpetual Investors' Roundtable

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Reactions: Nocturnal
Greg Kable on Twitter

And so it begins ... "Daimler in danger" "Fear of a hostile Chinese takeover" Germany's Manager Magazin says insitutional Chinese shareholders are already upping their stake in
@MercedesBenz
parent
@Daimler
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Good luck to them taking over a company that was headed towards financial trouble even before this crisis started.
 
After-action Report: Fri, Mar 20, 2020: (Full-Day's Trading)

VWAP: $440.49
Volume: 28,341,996
Traded: $12,484,450,973.61 ($12.48 B)

Closing SP / VWAP: 96.04%
(TSLA closed BELOW today's Avg SP)​

Comment: "Market ignores A/Hrs slump; Bounce sticks"

TSLA - SUMMARY TABLE - 2020-03-20.png


P.S. No separate FINRA Short Selling Report today (Uptick Rule NOT in effect). Comments Below:

Today's FINRA report shows "Short Exempt Volume" (a.k.a. naked shorting) was just 0.85% of "Short Volume".

Today, naked shorting ranked at the 48th Percentile, which is very close to the proportion you'd expect on days when the Uptick Rule is NOT in effect (of course, the 50th Percentile would be exactly average).

Statistical Note: The average proportion of naked short selling on days since Jan 31, 2020 WITHOUT the Uptick Rule is now 0.995% (Standard Deviation of 0.313%). These two stats represent what we would call "legitimate Market Making" (naked short selling conducted to provide liquidity in the market, as was the intent of SEC Regulation SHO).

When Market Makers conduct an unusually large proprotion of naked shorting, as they have over the past 7 weeks on EVERY SINGLE DAY with the Uptick Rule in effect, it becomes clear that this is NOT legitimate market making to provide liquidity, but proprietary trading to benefit their own positions.

This is what the "Uptick Rule" protects Investors against from retail short sellers, but the SEC has wholly ignored the plain fact that Market Makers have moved into this space formerly occupied by the worst low-life, bottom-feeding miscrent scum retail shorts.

The Market Makers Exemption to the prohibition against naked short selling is distoring the markets, and damaging retail investors, causing lack of confidence in the Market.

#NASDAQ #SEC #PRECIOUS
 
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