Its more like cutting off your nose to spite your face.
If i recall correctly, that happens is that they "borrow" the stock then turn around and sell it, planning to buy it back at a lower cost before having to return it to the person they borrowed it from. They did that so much that one rich guy calculated that there were more floating shares then actually existed and was effectively able to buy enough shares that he had nearly as many as there were real shares, then chose to sit on them. This meant that when the investors had to return their shares they found they couldn't purchase them back because they didn't exist. They tries some tricks to artificially lower the price with high speed trades at a discount but the investor also had a fast connection and was able to intercept these trades and buy them before the intended buyer. It had effectively triggered a margin call, which requires all borrowed shares to be returned to the original owner with financial penalties in place if the shares were not returned. Since there were no shares to return, that would've caused massive payouts which would require mass selling other shares to cover, which would trigger additional margin calls.
Remember to practice safety when out hunting Tesla's, lads.
Yeah, that sounds familiar. As mentioned this was all moments away from causing a complete 1929 style stock market collapse, one that we would be studying for decades, that there would be congressional hearings about, that would have resulted in mass paper shredding and burning and swan dives out of 25th story windows. Probably would have taken out the EU and China economies too, come to think of it.
Are you aware that modern civilization has devised ways to store food? For example:
Trump surviving an assassin's bullet > Mr. Pelosi's late night activities
Again they know the context behind what trump was saying they are just purposely misinterpreting it in order to act all smug.
It is called reinsurance. Monty Python made a film about it called The Crimson Permanent Assurance.
The whole thing is just “TRUMP AND MUSK ARE GOING TO PRIVATIZE SOCIAL SECURITY TRUST ME BRO”
Fuck that, just start a bounty system for immigrants and leftists
The most unfortunate part is that Californians fall for it every time anyways, so they're not entirely wrong.
If a right wing MAGAMAN parks his Tesla in front of a liberal utopia and its full of fireworks the liberals should not set it on fire because the explosion could be very big and might damage the thing they like too.
Mylar brought me flash backs to that one advertisement for it from the 60s.
