IMO, 'Joint Letter' explaining reasoning is a formality at worst. Could the judge say the SEC is heavy handed? Sure. Could it saw EM should be more severely punished? Sure. Unlikely
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Just call it like I see it. Sometimes (like in yesterday's discussion on AP or generally on working capital reporting) that makes me bullish, but more often (as a hardened realist) that makes me bearish.
Almost makes me want to reconsider my ignore list, but not quite.Hey, @CuriousSunbird, someone hacked your account and started writing reasonable, fair comments I agree with!
You might want to change your password and remove those comments, to not damage your reputation as a hardened concern troll with no moral compass whatsoever!!
Or the judge might believe the SEC is overstepping and being a bullyThe Judge probably wants clarity on how SEC went from seeking lifetime ban on Musk from officer and board positions to only a 3 year CEO suspension.
Not the best of news for Musk and just goes to underscore how much of a fool he was to not just take a quiet settlement.
I'm glad you got control of your account back, I was getting worried for a moment!!
IMO, 'Joint Letter' explaining reasoning is a formality at worst. Could the judge say the SEC is heavy handed? Sure. Could it saw EM should be more severely punished? Sure. Unlikely
Quite likely. And from the outside, it's apparent the SEC basically took the shareholders hostage to force a settlement. A judge might not look favourably upon that.Considering the SEC went from lifetime D&O ban to a 3-year chairman ban, I think the judge might want to know what happened.
Considering the SEC went from lifetime D&O ban to a 3-year chairman ban, I think the judge might want to know what happened.
Only problem to me is that if the judge doesn't look favorably on it and decides to throw it out (no way I see that happening), shareholders will get whacked again. This is a formality that will be exploited by Fudsters for uncertainty. Should go away in a week.Quite likely. And from the outside, it's apparent the SEC basically took the shareholders hostage to force a settlement. A judge might not look favourably upon that.
Still, I think the chance the settlement goes through is very high.
As the Nasdaq shows some recovery, I expect to see strong capping efforts now by shorts to try to prevent recovery for TSLA. Given the low volume, that shouldn't be too difficult today.
Is this covering we are seeing right now?
"space cities" lmaoooA shadowy op-ed campaign is now smearing SpaceX in space cities
Thought this was an interesting read and may be similar to what is going on in terms of reporting by media on Tesla.
Note that @beachbum77 is not trying to troll us here:
First time I've seen FC way off the mark.No button exists for ‘vehemently disagree’.
These small dips that you call "noise" are hugely profitable to options traders. We made more money in the last seven days then we made all last year which was also a new record. Where has being long, and focused on the future, gotten you in the last 7 days?
Opportunity? May God save us all from any such opportunity.