2024-12-13 16:58:44
Musk's purchase of Twitter shares before announcing his intent to buy the company raises questions about disclosure, not necessarily insider trading. Delayed SEC filings e.g., crossing 5% ownership could be a violation but no charges have been filed.Speculation isn't evidence [Link] NEEDS_MORE_RATINGS(42-2-18) Author
2024-12-13 18:53:28
NNN , musks dealing clearly meets the definition of insider trading. Insider trading is the trading of a public company's stock or other securities (such as bonds or stock options) based on material, nonpublic information about the company. [Link] NEEDS_MORE_RATINGS(15-0-36) Author
2024-12-13 20:49:34
NNN whether or not it’s insider trading is not for X to decide, expressions either way are personal opinion and should be left to comments. NEEDS_MORE_RATINGS(14-0-15) Author
2024-12-13 23:30:15
The SEC defines an insider as someone who owns 10% of a company. At the time Elon made his offer, he owned less than this therefore he was not an insider. [Link] NEEDS_MORE_RATINGS(47-0-19) Author
2024-12-14 15:50:05
Elon's Twitter move was strategic buying, not insider trading. His public 9.2% stake disclosure actually hiked the price, inflating the $44B acquisition cost. Not only was it legal, but it actually might have been a financial mistake costing him extra money. [Link] NEEDS_MORE_RATINGS(12-1-4) Author