Musk had to sell to pay taxes. The immediate gain on the value of options issued as compensation is taxable income. If he has a million options at $5 strike price then he owes taxes on $1000-$5*1,000,000. He has to sell a lot of those shares immediately to cover the taxes on the ones he’s keeping.

aribmass

United States2 Posts

December 13 2021 09:08 GMT

#1822

--- Nuked ---

{CC}StealthBlue

United States41117 Posts

December 14 2021 16:10 GMT

#1823

Into the red we go.

LegalLord

United Kingdom13775 Posts

December 14 2021 18:28 GMT

#1824

So who's going to fall off the economic cliff first - us or China? It's a race to the bottom and everyone's doing their best to pump long enough that we end up having someone to blame.

{CC}StealthBlue

United States41117 Posts

December 14 2021 19:22 GMT

#1825

Well seeing how China's real estate is collapsing...

Sermokala

United States13901 Posts

December 14 2021 20:03 GMT

#1826

On December 15 2021 04:22 {CC}StealthBlue wrote:
Well seeing how China's real estate is collapsing...

They've got a railroad sector that is in debt a trillion dollars, unprofitable in the good times, and will suffer greatly if the economy tilts down as it is. Its also a source of national pride and prestige so I really doubt that they'll tolerate any cuts to it. Its going to be a massive millstone around their necks for a generation.

All their debt is going to make buying more us dollars to keep their currency low harder and harder.

{CC}StealthBlue

United States41117 Posts

December 16 2021 14:38 GMT

#1827

So... this is bad?

pmh

1352 Posts

December 16 2021 14:58 GMT

#1828

Looks like an opportunity for short with decent odds to me.

-message edited.

LegalLord

United Kingdom13775 Posts

December 16 2021 15:18 GMT

#1829

On the bright side, EU gas prices seem to be pushing upward again. A much-welcome boost to that part of my portfolio.

pmh

1352 Posts

December 18 2021 01:08 GMT

#1830

*removed for my own sanity.

aribmass

United States2 Posts

December 20 2021 12:19 GMT

#1831

--- Nuked ---

{CC}StealthBlue

United States41117 Posts

December 21 2021 07:45 GMT

#1832

I think this will drag everyone/everything down.

LegalLord

United Kingdom13775 Posts

December 21 2021 18:11 GMT

#1833

O&G dividends this year are beautiful - got more than double what I did in 2020. Oil is still struggling to break the $80 floodgate, currently pushed back towards $70, but unless we get back into significant lockdown mode it's only a matter of time. Nat gas prices heading towards the moon. Hoping for some chilly winter weather to push them even higher, but even with average winter those prices are going to have upward pressure for years.

Sermokala

United States13901 Posts

December 21 2021 23:01 GMT

#1834

On December 21 2021 16:45 {CC}StealthBlue wrote:
I think this will drag everyone/everything down.

https://twitter.com/zerohedge/status/1473048204048572435

Lol when it comes to global finance 1 billion is just small potatoes. Reverse repo just hit 1.7 trilly for two days in a row now.

evalogan

2 Posts

December 23 2021 06:23 GMT

#1835

need to know which platform is used for trading and also suggest us which one is good practice for trading.

Manit0u

Poland17247 Posts

December 25 2021 16:02 GMT

#1836

A small update on what's going on in China this month.

FreakyDroid

Macedonia2616 Posts

December 29 2021 03:42 GMT

#1837

Perhaps worth a read for those trading/investing in crypto

http://s3.amazonaws.com/web.nacva.com/JFIA/Issues/JFIA-2021-No2-1.pdf

Emnjay808

United States10655 Posts

December 30 2021 18:25 GMT

#1838

Market is looking very green today but instincts tell me it’s gonna dip shortly after. I set my stop sells on my volatile positions lol. Sadly NIO is one of them, why that stock continues to go up and down like it does is beyond me.

{CC}StealthBlue

United States41117 Posts

January 02 2022 17:34 GMT

#1839

Tesla Inc. delivered 308,600 vehicles worldwide in the fourth quarter, smashing the previous record for the electric-car maker and setting a capstone on a year in which the company joined the exclusive $1 trillion market valuation club.

Source