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/biz/ - Business & Finance

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>> No.22688763 [View]
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22688763

>>22688645

I'll recapitulate for people who weren't here yesterday. Chairman of the company (Anthony Milewski) posts pictures of Tesla things on his website, insinuates in glossy interviews that he will get a deal with Tesla soon. Stock pumps 300%. He then exercises options and dumps $6 million in shares. Bear in mind company market cap was only $80 million. Other insiders follow in his steps. Stock dumped 30% yesterday in response, has already dumped another 30% today.

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