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Strategies & Market Trends : ajtj's Post-Lobotomy Market Charts and Thoughts -- Ignore unavailable to you. Want to Upgrade?

To: Qone0 who wrote (83825)	1/30/2024 6:16:35 PM
From: Sun Tzu	1 Recommendation Recommended By ajtj99 Read Replies (1) \| Respond to of 97910

I think the ruling was stupid, but at its core was the notion that the TSLA board was too friendly with Musk and did not negotiate in an adversarial manner. But it should be remembered that at time this deal was struck, it was such an outlandish moonshot that nobody thought it was possible. It was like a C+ kid asking you, what if I get straight A+'s and MIT offers me a scholarship, will you buy me my very own ice cream machine? And of course you'd sure kid, if you do that I will buy you a whole ice cream shop. And the he goes and does it. Anyways, it also makes me wonder if Musk sensed this in the coming and put out his I want 25% control as a way to either influence the judge (so his lawyers would claim that they would have lost Musk without the deal) and/or putting it out to manage the post ruling environment. The ruling will be appealed and won't be material for a while. And I shorted TSLA before I heard of this. I shorted simply because it has a crappy chart and I expected a down day tomorrow, so TSLA should go down even more than the market.