On 20 Aug 2019 at 9:26, Mark Abramowitz via EV wrote: > he does point out an issue that I think helps make the company ripe for > short sellers - Musk overpromises, and then doesn't deliver what he > promises. (Yes, what he has delivered has been phenomenal, but that's > neither here nor there.) > > So the stock (which seems to be overpriced under any accepted method for > evaluation) rises on his overpromises, and then the shorts come in, betting he > won't deliver on those promises.
I don't have the ability to read minds. However, a couple of opinions: 1. I think the above is at least as plausible an explanation as the conspiracy theories are. 2. It appears to me that many (probably most) of the shorties and other similar market gamblers don't allow such considerations as sustainability or scruples to get in the way of their short-term profit. They don't care whether big oil or EVs win, or what the earth looks like 20 years from now, just as long as they rake in the dough this quarter. "What has allowed so many psychopathic personalities to rise so high in corporations, and now in government, is that they are so decisive. Unlike normal people, they are never filled with doubts, for the simple reason that they cannot care what happens next." -- Kurt Vonnegut David Roden - Akron, Ohio, USA EVDL Administrator = = = = = = = = = = = = = = = = = = = = = = = = = = = = = EVDL Information: http://www.evdl.org/help/ = = = = = = = = = = = = = = = = = = = = = = = = = = = = = Note: mail sent to "evpost" and "etpost" addresses will not reach me. To send a private message, please obtain my email address from the webpage http://www.evdl.org/help/ . = = = = = = = = = = = = = = = = = = = = = = = = = = = = = _______________________________________________ UNSUBSCRIBE: http://www.evdl.org/help/index.html#usub http://lists.evdl.org/listinfo.cgi/ev-evdl.org Please discuss EV drag racing at NEDRA (http://groups.yahoo.com/group/NEDRA)
