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Comfortably_Numb

(4,184 posts)

30. Exactly like Enron.

Fri Mar 21, 2025, 03:24 PM

Mar 21

Enron CEO Kenneth Lay and other executives, including Jeffrey Skilling, sold significant amounts of Enron stock before the company's collapse, while also urging employees to buy shares, raising questions about insider knowledge and potential manipulation.

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WizGlick Prof. Toru Tanaka Dem2theMax

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Highlight:

Elon Musk tells Tesla employees to hold on to their stock amid harsh selloff [View all] groundloop Mar 21 OP

Psychologically, doesn't the fact he is even putting this out--begging employees not to cash out--sending hlthe2b Mar 21 #1

Absolutely! SheltieLover Mar 21 #14

Well, it is up about 10 points today (noon MT) so someone must be trying to help him... hlthe2b Mar 21 #20

Retail investors. Demobrat Mar 21 #37

That or.... Xolodno Mar 21 #46

I read an article this morning, can't find it now though. Demobrat Mar 21 #47

His brother sold his shares CanonRay Mar 21 #2

So did a couple of the Tesla executives. Think. Again. Mar 21 #17

To borrow a phrase.."Suckers and losers". BattleRow Mar 21 #27

Reminds me of Enron. House of Roberts Mar 21 #3

My first thought, also. erronis Mar 21 #23

Exactly like Enron. Comfortably_Numb Mar 21 #30

And USEC Blue Full Moon Mar 21 #33

name change poozwah Mar 21 #34

Wonder how that would play in the greater media-verse? House of Roberts Mar 21 #40

Elon would buy up all the shares people are dumping if he actually believed his own bullshit. sop Mar 21 #4

Exactly! SheltieLover Mar 21 #13

That is an excellent point. n/t BlueSpot Mar 21 #57

With a PE of over 100, and more competition coming to market, along with the fact the his largest buyers of Teslas are JohnSJ Mar 21 #5

Hell no! SheltieLover Mar 21 #12

Exactly. JohnSJ Mar 21 #15

But I've never felt compelled to drive a pos video game controller SheltieLover Mar 21 #16

Reminds me of that show GusBob Mar 21 #6

Actually to give credit: Michael Lewis's book - The Big Short erronis Mar 21 #26

that is exactly what ken lay told the enron employees rampartd Mar 21 #7

You beat me to it! BattleRow Mar 21 #24

Rocky moments were created by Elon Musk dismantling everyone's well-earned money. Baitball Blogger Mar 21 #8

Musks brother sold his stock YorkRd Mar 21 #9

So dd a couple of tesla execs. Think. Again. Mar 21 #18

Is the SEC still functional? dickthegrouch Mar 21 #10

Translation: please don't crash my stock SheltieLover Mar 21 #11

That doesn't work when there's a run on banks and it won't work for Tesla stock. SunSeeker Mar 21 #19

Little pissant likes giving orders. sinkingfeeling Mar 21 #21

Speaking of harsh sell-offs: Record Tesla Trade-Ins Hit flvegan Mar 21 #22

A lot of them are probably leased. Demobrat Mar 21 #48

I don't think a leased Tesla flvegan Mar 21 #49

Musk is an unrepentant sociopath... GiqueCee Mar 21 #25

A friend 'had' $30,000 in Tesla stock pfitz59 Mar 21 #28

I sold at $400/share..... AZ8theist Mar 21 #55

I bought during the dip stoned Mar 21 #29

If you could sell that stock later, at a time it makes you money questionseverything Mar 21 #54

Most likely stoned Mar 22 #59

I encourage MAGAts to buy Tesla stock, put it all in. Make it great again IronLionZion Mar 21 #31

Musk is trying to defraud his employees LetMyPeopleVote Mar 21 #32

Yes. Stay on the Titanic and remain calm. Everything will be okay. Yavin4 Mar 21 #35

Sell, sell! Everything must go! Also start looking for another job before the bankruptcy. Dave Bowman Mar 21 #36

Plus the new Chinese electric cars Mblaze Mar 21 #38

I don't see Tesla sales rebounding Sky Jewels Mar 21 #39

I'll never buy one. Won't even take one for free. mdbl Mar 21 #43

Add to that Insurance companies are considering increasing insurance rates for Tesla owners. tulipsandroses Mar 21 #53

Yes! Sky Jewels Mar 21 #58

Elon's lips were moving, Time to bail. Martin68 Mar 21 #41

Everything he touches Dies !!! Ford_Prefect Mar 21 #42

I dub thee Tesron! joanbarnes Mar 21 #44

Do things no one has ever dreamed of! slightlv Mar 21 #45

I thought the same thing when I read that part! Dem2theMax Mar 21 #50

Principals must be careful in what they say in public. bucolic_frolic Mar 21 #51

Just a few days ago wasn't there a story about company execs selling $100Ms? RockRaven Mar 21 #52

Tell 'em sell their stock and look into using the proceeds to buy a Rivian. marble falls Mar 21 #56