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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: carranza2 who wrote (162030)8/31/2020 5:47:35 PM
From: TobagoJack  Read Replies (1) | Respond to of 218074
 
Re << Tight stop loss in place>> or just keep it simple and sell another half, and spend half of half on calls, or sell half and short out of money puts



To: carranza2 who wrote (162030)9/1/2020 8:26:29 AM
From: TobagoJack  Read Replies (1) | Respond to of 218074
 
Just news flow

bloomberg.com

Tesla to Sell as Much as $5 Billion of Shares After Stock Surge
Cecile DauratSeptember 1, 2020, 7:48 PM GMT+8



Tesla Inc. vehicles lot at the company's assembly plant in Fremont, California. Photographer: David Paul Morris/BloombergTesla Inc. plans to sell as much as $5 billion of shares, capitalizing on its high-flying stock and on a recent share split that made it more accessible to retail investors.

The carmaker will sell the shares “from time to time” through an agreement with several banks, according to a regulatory filing. For more details, see here.

Before the new offering, Elon Musk’s company had raised about $14 billion over the past decade through secondary stock offerings, most recently with a $2 billion sale in February. The sales have helped bolster the company’s cash during its transition from a niche electric car maker to the mass market.

Tesla shares were up 2.1% in early trading, paring earlier gains after the share sale was disclosed in a filing. The stock has climbed almost 500% this year on a split-adjusted basis.

Read More: Tesla Splits Stock to Make Lofty Shares Attainable Again

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