Because of my extensive experience in finance and background in investment banking, I was one of the first to recognize his error in judgement which created an opportunity to short the stock as seen in my Aug 7th tweet. As of today, August 15, 2018 the SEC has a formal inquiry into his potential manipulation of the stock.
Now is not the time to short the stock because this is the news shorts anticipated. But anything could happen at this point including a year long investigation similar to what happened with Enron and many of us remember what happened there. Just saying.
Learn how to anticipate your trades and stop chasing them.
And as of today, August 20th, 2018, to confirm, we get a major investment bank to call out Musk in his lie with a research report and a lowered price target below $200 based on valuation of the company.