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Should I step down as head of twitter This poll is closed. |
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| Yes |
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420 | 4.43% |
| No |
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69 | 0.73% |
| Goku |
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9001 | 94.85% |
| Total: | 9490 votes | ||
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Dec 20, 2022 18:07
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Kashuno posted:He may start getting margin calls today the way TSLA is dropping It dipped its toes into $141 a few minutes ago
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Dec 20, 2022 18:07
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Man it's going to be loving nuts explaining to adults 20 years from now how all these orphaned Tesla cars were destroyed by a moron CEO tanking his stock and taking out the entire company because of his ego. At least I got to hear about Delorean killing a brand with his rad cocaine deal instead of Tesla and their bitch-rear end whiny CEO pissing his pants at anyone laughing at him.
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Dec 20, 2022 18:08
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MJeff posted:So what the gently caress do they even allege that Hunter Biden did that is so maliciously being covered up, because near as I can figure, it's being addicted to drugs, which is public knowledge and...having a penis. There were really only two actual claims that I'm aware of. The first being that he traded influence for money with Ukraine while he had that cushy no work board position. That one is typical fail son poo poo that every lovely kid with powerful parents does. There are claims that Joe Biden actively participated, but the only evidence to this is a single use of the term "big guy" in an email. The second is the completely uncorroborated claim that there was CSAM on the laptop.
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Dec 20, 2022 18:08
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Does a margin call hit only if the stock price ends the day at, say $140, or is it hit during intraday trading at that price?
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Dec 20, 2022 18:09
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Carwash oval office posted:Interesting..... bumping cause i need to explain this to other people confidently because this is too loving funny
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Dec 20, 2022 18:09
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no no, there was cspam on the laptop
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Dec 20, 2022 18:10
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Dec 20, 2022 18:11
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Slotducks posted:bumping cause i need to explain this to other people confidently because this is too loving funny I think the idea is that he has loans secured by Tesla stock price being above a certain dollar amount. The lower it goes, the more he has to pony up to keep the loan - so he gets caught in a bad cycle of having to sell stock to keep loans out - which lowers the share price even more by flooding the market with cheaper shares. Rinse/repeat.
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Dec 20, 2022 18:12
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The year is 2045 Civilization has collapsed, the remnants of humanity struggle to survive on a dead earth Twitter Files Part Three Thousand Four Hundred Fifty-Two is released It is also about Hunter's laptop
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Dec 20, 2022 18:12
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Pappyland posted:Does a margin call hit only if the stock price ends the day at, say $140, or is it hit during intraday trading at that price? I don’t know but I’m tempted to answer confidently anyways
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Dec 20, 2022 18:12
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Carwash oval office posted:Interesting..... Sometimes you put up stock as collateral for loans, the same way that your house may be collateral for your mortgage. If you don't pay your loan, the grantor of the loan takes your collateral via the courts. The problem is that I don't simply want 10,000 Tesla shares of collateral, I want $10M dollars of collateral. So if your Tesla shares drop in value too much, I am no longer sufficient covered if you stop paying your loan. So the loan has terms that say if the value of the stock drops below $XXX, then you have to put up $Y Million additional dollars of collateral, for example. There are apparently some of those stock values getting close to triggering calls for additional collateral.
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Dec 20, 2022 18:12
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ryde posted:Yeah he’s referring to this: Lol at this being a 46 part string Ain’t no one reading all that, if these clowns are trying to drop TRUTH BOMBS in these big TWITTER FILES they have to learn to be concise
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Dec 20, 2022 18:12
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fishing with the fam posted:There were really only two actual claims that I'm aware of. He was going on CSPAM?! Nevermind, the Republicans are right, throw him in jail.
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Dec 20, 2022 18:12
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Pappyland posted:Does a margin call hit only if the stock price ends the day at, say $140, or is it hit during intraday trading at that price? As someone who knows what they're talking about (I googled it and skimmed results), it looks like it's usually closing price
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Dec 20, 2022 18:15
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Devor posted:Sometimes you put up stock as collateral for loans, the same way that your house may be collateral for your mortgage. If you don't pay your loan, the grantor of the loan takes your collateral via the courts. Thank you. Now I need to go think about what is funnier, this happening or his followers throwing their life savings into tesla stock to keep it high enough to protect their mars emperor
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Dec 20, 2022 18:17
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Carwash oval office posted:Thank you. Now I need to go think about what is funnier, this happening or his followers throwing their life savings into tesla stock to keep it high enough to protect their mars emperor Elon Musk, recently dethroned as the richest man alive, having to personally trade his stock to other people making them richer and himself poorer. I'm all about that. The ideal scenario is that Musk has to trade out his ownership of Tesla down to like 49.9% from margin calls. The rest of the shareholders could vote out the board of directors and replace them with anti-Musk people who fire him as CEO and run his sycophants out of the company, resulting in a Tesla he cannot influence at all. As much as I hate his sycophants I'm trying to think of the long-term for people who work in and around his companies, and sacrificing his dumb-rear end on the altar of capitalism makes a lot more sense than sacrificing him and them.
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Dec 20, 2022 18:24
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lol I was going to post that $TSLA was under 143 and F5'd and it's under 142 as of now edit: down 8 cents in 15 seconds since this post. TO
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Dec 20, 2022 18:26
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fishing with the fam posted:There were really only two actual claims that I'm aware of. You can't mention the uncorroborated claim of CSAM without the very important part where countless right-wing pundits were shouting from the rooftops about being in possession of said material, and actively and intentionally distributing it. It will forever remain my favorite part of "the laptop!"
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Dec 20, 2022 18:27
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141.78!!! You can do it Tesla!!
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Dec 20, 2022 18:28
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funeral home DJ posted:Elon Musk, recently dethroned as the richest man alive, having to personally trade his stock to other people making them richer and himself poorer. I'm all about that. He's only got ~25% now. I don't know how much of that is leveraged
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Dec 20, 2022 18:28
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Seth Pecksniff posted:141.78!!! You can do it Tesla!! Market close is 4:00EST nothing matters until then.
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Dec 20, 2022 18:30
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funeral home DJ posted:The ideal scenario is that Musk has to trade out his ownership of Tesla down to like 49.9% from margin calls. The rest of the shareholders could vote out the board of directors and replace them with anti-Musk people who fire him as CEO and run his sycophants out of the company, resulting in a Tesla he cannot influence at all. nah, gently caress Tesla as a company and may their homicidal tech mar the whole idea of FSD for long enough that fuel scarcity prevents it from being much of a problem, aside for the rare time the local baron's military-grade ATV barrels straight through your village edit: their human driver would have done that too, who cares
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Dec 20, 2022 18:30
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Cabbages and Kings posted:lol I was going to post that $TSLA was under 143 and F5'd and it's under 142 as of now Lol!
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Dec 20, 2022 18:30
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fishing with the fam posted:What is the trigger point for Musk getting margin called on the Tesla stock he put up for the Twitter purchase? I tried reading an article on it but the words slid over my brain. People have speculated 145 or 140. But only Elon and the banks know for sure.
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Dec 20, 2022 18:32
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pixaal posted:Market close is 4:00EST nothing matters until then.
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Dec 20, 2022 18:32
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Azhais posted:He's only got ~25% now. I don't know how much of that is leveraged  Who are these dipshits that are letting him run free? I thought shareholders were supposed to be smart people who would stop idiots like Musk from running their investments into the ground.Why is capitalism continuously sucking at what it's supposed to do?
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Dec 20, 2022 18:32
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quote:The analysts are growing increasingly worried about "Tesla thesis drift from 1) unlimited demand/Rev to 2) margin "story", that has occurred over the last 6-12 months."  https://www.investing.com/news/stock-market-news/too-late-to-sell-and-too-early-to-buy-more-analysts-cut-tesla-stock-targets-432SI-2967761 funeral home DJ posted:
Capitalism is functioning as intended https://www.thestreet.com/investing/stocks/how-elon-musk-controls-tesla-with-only-a-minority-stake-14564491 quote:"The argument is that he has control, not voting control, not equity control, but a complex form of control by combination of his equity stake on one hand and supermajority voting provisions on the other," said University of Iowa Associate Professor of Law Gregory Shill.
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Dec 20, 2022 18:34
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Devor posted:Sometimes you put up stock as collateral for loans, the same way that your house may be collateral for your mortgage. If you don't pay your loan, the grantor of the loan takes your collateral via the courts. Well said. This helped me: 
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Dec 20, 2022 18:34
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funeral home DJ posted:
Beats me. I don't know how the rules work but he doesn't even technically own all that stock, some amount of it is options he can exercise. I'd like to believe that he needs to buy the shares to vote them but I don't know
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Dec 20, 2022 18:35
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pixaal posted:Market close is 4:00EST nothing matters until then. I need blood 
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Dec 20, 2022 18:38
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loving transparent infographic in tyool 2022? It's like these fucks have never heard of dark mode.
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Dec 20, 2022 18:39
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funeral home DJ posted:I thought shareholders were supposed to be smart people Lol. Lmao.
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Dec 20, 2022 18:39
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kw0134 posted:It depends on the terms of the loan, because simply crossing it may trigger it. Most retail customers get liquidated the moment it hits a predetermined stop loss. Elon might be given the grace of smoothing out intraday fluctuations or even on a weekly basis if options are used to do the hedging. I'm thinking of how stock brokers do margin, I've short sold options before so I'm familiar with the grace periods. Haven't gotten the margin call but did look into them and am in a discord with people that have gotten margin calls and they've had time. If it works different on loans then I'm out of my depth.
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Dec 20, 2022 18:39
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Kashuno posted:He may start getting margin calls today the way TSLA is dropping You’re not kidding. Currently sitting at $141.40
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Dec 20, 2022 18:40
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funeral home DJ posted:
what? no the average retail stock trader now reads reddit and YOLO's into complete garbage. This happened during Covid, poo poo posting bad stock trades became a popular meme. See Game Stop (GME) and AMC (AMC)
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Dec 20, 2022 18:41
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 One-forty! One-forty!
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Dec 20, 2022 18:44
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Cabbages and Kings posted:Capitalism is functioning as intended quote:McRitchie said he spoke at Tesla's 2014 annual meeting, urging the company to collapse its supermajority voting structure, arguing that it impeded good governance. However, Tesla directors opposed the change. Roughly 42% of Tesla's stockholders backed the proposal - 56% support if one considers only non-insiders. In 2016, McRitchie submitted another proposal to eliminate the supermajority voting requirements, but the board recommended against it, and it received 42% support again. Holy poo poo, these people are buying Tesla stock and are watching as the directors tell them "lol shut up I do what I want" and these dense morons aren't immediately selling their stock.  pixaal posted:what? no the average retail stock trader now reads reddit and YOLO's into complete garbage. This happened during Covid, poo poo posting bad stock trades became a popular meme. I'm worried about paying upcoming bills and the dumbest human beings alive are currently passing around tens of thousands of dollars between their asses like a subway train with zero concern. Agghghghh how am I stuck in the dumbest part of the human history timeline?
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Dec 20, 2022 18:44
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pixaal posted:I'm thinking of how stock brokers do margin, I've short sold options before so I'm familiar with the grace periods. Haven't gotten the margin call but did look into them and am in a discord with people that have gotten margin calls and they've had time. If it works different on loans then I'm out of my depth.
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Dec 20, 2022 18:44
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| # ? May 31, 2024 02:45 |
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https://twitter.com/followtheh/stat...%5Es1_&ref_url=
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Dec 20, 2022 18:45
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