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Ah Huat Ah
2022-02-24
Looking at 700 range for longs
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Ah Huat Ah
2022-02-15
Missed it in 2018 stil susing at this moment:/
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Ah Huat Ah
2022-02-14
šš»
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Go to Tiger App to see more news
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West Texas Intermediate Crude oil futures for March ended higher by $3.22 or 3.6 percent at $93.10 a barrel, a fresh seven-year closing high.</p></body></html>","source":"lsy1626938412129","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Singapore Stock Market Due For Profit Taking</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSingapore Stock Market Due For Profit Taking\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-02-14 08:09 GMT+8 <a href=https://www.rttnews.com/3262353/singapore-stock-market-due-for-profit-taking.aspx?type=acom><strong>RTTNews</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The Singapore stock market has moved higher in seven straight sessions, soaring more than 180 points or 5.5 percent along the way. Now at a fresh 30-month closing high, the Straits Times Index sits ...</p>\n\n<a href=\"https://www.rttnews.com/3262353/singapore-stock-market-due-for-profit-taking.aspx?type=acom\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"STI.SI":"åÆę¶ę°å å”ęµ·å³”ęę°"},"source_url":"https://www.rttnews.com/3262353/singapore-stock-market-due-for-profit-taking.aspx?type=acom","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1101554991","content_text":"The Singapore stock market has moved higher in seven straight sessions, soaring more than 180 points or 5.5 percent along the way. Now at a fresh 30-month closing high, the Straits Times Index sits just beneath the 3,430-point plateau although it's expected to run out of steam on Monday.The global forecast for the AsianĀ marketsĀ is soft on growing concerns over a possible Russian invasion on Ukraine. The European and U.S. markets were down and the Asian bourses are expected to open in similar fashion.The STI finished barely higher on Friday as gains from the financials were offset by weakness from the industrials and properties.For the day, the index rose 0.95 points or 0.03 percent to finish at 3,428.95 after trading between 3,411.87 and 3,438.07.Among the actives, Ascendas REIT sank 0.69 percent, while City Developments tumbled 1.23 percent, Comfort DelGro advanced 0.69 percent, Dairy Farm International plummeted 2.07 percent, DBS Group climbed 1.09 percent, Hongkong Land plunged 1.92 percent, Keppel Corp added 0.50 percent, Mapletree Commercial Trust shed 0.54 percent, Mapletree Logistics Trust tanked 1.69 percent, Oversea-Chinese Banking Corporation collected 0.68 percent, SATS rose 0.25 percent, SembCorp Industries lost 0.41 percent, Singapore Airlines and Thai Beverage both retreated 0.75 percent, Singapore Exchange dropped 0.61 percent, Singapore Technologies Engineering gained 0.26 percent, United Overseas Bank was up 0.18 percent, Yangzijiang Shipbuilding skidded 0.71 percent and Wilmar International, Genting Singapore, CapitaLand Integrated Commercial Trust, SingTel and Singapore Press Holdings were unchanged.The lead from Wall Street is broadly negative as the major averages shook off a slightly higher open on Friday, accelerated quickly lower and finished deep in the red.The Dow sank 503.54 points or 1.43 percent to finish at 34,738.06, while the NASDAQ plunged 394.45 points or 2.78 percent to close at 13,791.15 and the S&P 500 tumbled 85.44 points or 1.90 percent to end at 4,418.64. For the week, the Dow shed 1 percent, the NASDAQ dropped 2.2 percent and the S&P fell 1.8 percent.The substantial weakness that emerged on Wall Street came amid concerns about a potential Russian invasion of Ukraine, which officials believe could happen any time now.Earlier in the day, uncertainty about the outlook for interest rates led to choppy trading on speculation that the Federal Reserve could raise interest rates by a full percentage point by July, including a possible 50-basis point hike in March.Oil prices rose sharply on Friday following a report from the International Energy Agency that said oil production from OPEC was significantly below target in January. West Texas Intermediate Crude oil futures for March ended higher by $3.22 or 3.6 percent at $93.10 a barrel, a fresh seven-year closing high.","news_type":1},"isVote":1,"tweetType":1,"viewCount":277,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9095686174,"gmtCreate":1644896418793,"gmtModify":1676533973568,"author":{"id":"3582694591428688","authorId":"3582694591428688","name":"Ah Huat Ah","avatar":"https://static.itradeup.com/news/c4a60a007559b91a99e7ddd1bff84731","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Missed it in 2018 stil susing at this moment:/","listText":"Missed it in 2018 stil susing at this moment:/","text":"Missed it in 2018 stil susing at this moment:/","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9095686174","repostId":"1169371616","repostType":2,"repost":{"id":"1169371616","pubTimestamp":1644891127,"share":"https://www.laohu8.com/m/news/1169371616?lang=&edition=full","pubTime":"2022-02-15 10:12","market":"us","language":"en","title":"Is Sea Limited Stock a Buy After It Crashed and Burned on Monday?","url":"https://stock-news.laohu8.com/highlight/detail?id=1169371616","media":"Motley Fool","summary":"Shares ofĀ Sea LimitedĀ had a tough day on Monday. After cratering as much as 19.7%, the stock ended t","content":"<html><head></head><body><p>Shares ofĀ <a href=\"https://laohu8.com/S/SE\"><b>Sea Limited</b></a>Ā had a tough day on Monday. After cratering as much as 19.7%, the stock ended the trading day down 18.4%.</p><p>Investors learned today thatĀ India had plans to banĀ the company's marquee mobile gameĀ <i>Free Fire</i>, citing security concerns. Given the situation and the tremendous haircut it was given today, is Sea Limited stock a buy?</p><p>Context is important</p><p>It's understandable that investors might have something of a new-jerk reaction to todays news. Over the past several years, the company has been introducing<i>Free Fire</i>to gamers in a number of new regions, including India and Latin America. Once the game has a foothold, Sea Limited introduces Shopee -- its e-commerce platform -- and Sea Money, its digital payments solution, employing something of a land-and-expand strategy.</p><p>A look at Sea Limited's recent results illustrates the success of that strategy. In the 2021 third quarter, revenue of $2.7 billion ballooned 122% year over year, while its gross profit of $1 billion surged 148%. Of that total, the digital entertainment (gaming) segment accounted for $1.1 billion, while e-commerce generated $1.3 billion accounting for the lion's share of Sea Limited's revenue.</p><p>However, India represented less than 3% of Sea's gaming revenue, or roughly $33 million, or roughly 1.2% of total sales.</p><p>But is it a buy?</p><p>While Sea Limited's revenue is growing like wildfire (or<i>Free Fire</i>, as the case may be), the company is far from profitable. It generated a net loss of $571 million in Q3, but the news isn't as bad as it might seem at first glance. Thetech giantgenerated operating cash flow of $513 million during the quarter, suggesting that non-cash expenses including depreciation account for the bulk of its losses.</p><p>This is a high-growth, high volatility stock that is by no means cheap. It has a valuation of 129, when a reasonable price-to-sales ratio is generally considered to be between 1 and 2. However, given Sea Limited's stunning growth rate and vast opportunity, investors with a stomach for volatility should consider getting shares at a discount.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Is Sea Limited Stock a Buy After It Crashed and Burned on Monday?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nIs Sea Limited Stock a Buy After It Crashed and Burned on Monday?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-02-15 10:12 GMT+8 <a href=https://www.fool.com/investing/2022/02/14/is-sea-limited-stock-a-buy-after-it-crashed-and-bu/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Shares ofĀ Sea LimitedĀ had a tough day on Monday. After cratering as much as 19.7%, the stock ended the trading day down 18.4%.Investors learned today thatĀ India had plans to banĀ the company's marquee ...</p>\n\n<a href=\"https://www.fool.com/investing/2022/02/14/is-sea-limited-stock-a-buy-after-it-crashed-and-bu/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SE":"Sea Ltd"},"source_url":"https://www.fool.com/investing/2022/02/14/is-sea-limited-stock-a-buy-after-it-crashed-and-bu/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1169371616","content_text":"Shares ofĀ Sea LimitedĀ had a tough day on Monday. After cratering as much as 19.7%, the stock ended the trading day down 18.4%.Investors learned today thatĀ India had plans to banĀ the company's marquee mobile gameĀ Free Fire, citing security concerns. Given the situation and the tremendous haircut it was given today, is Sea Limited stock a buy?Context is importantIt's understandable that investors might have something of a new-jerk reaction to todays news. Over the past several years, the company has been introducingFree Fireto gamers in a number of new regions, including India and Latin America. Once the game has a foothold, Sea Limited introduces Shopee -- its e-commerce platform -- and Sea Money, its digital payments solution, employing something of a land-and-expand strategy.A look at Sea Limited's recent results illustrates the success of that strategy. In the 2021 third quarter, revenue of $2.7 billion ballooned 122% year over year, while its gross profit of $1 billion surged 148%. Of that total, the digital entertainment (gaming) segment accounted for $1.1 billion, while e-commerce generated $1.3 billion accounting for the lion's share of Sea Limited's revenue.However, India represented less than 3% of Sea's gaming revenue, or roughly $33 million, or roughly 1.2% of total sales.But is it a buy?While Sea Limited's revenue is growing like wildfire (orFree Fire, as the case may be), the company is far from profitable. It generated a net loss of $571 million in Q3, but the news isn't as bad as it might seem at first glance. Thetech giantgenerated operating cash flow of $513 million during the quarter, suggesting that non-cash expenses including depreciation account for the bulk of its losses.This is a high-growth, high volatility stock that is by no means cheap. It has a valuation of 129, when a reasonable price-to-sales ratio is generally considered to be between 1 and 2. However, given Sea Limited's stunning growth rate and vast opportunity, investors with a stomach for volatility should consider getting shares at a discount.","news_type":1},"isVote":1,"tweetType":1,"viewCount":328,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9030156100,"gmtCreate":1645666261915,"gmtModify":1676534051121,"author":{"id":"3582694591428688","authorId":"3582694591428688","name":"Ah Huat Ah","avatar":"https://static.itradeup.com/news/c4a60a007559b91a99e7ddd1bff84731","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Looking at 700 range for longs","listText":"Looking at 700 range for longs","text":"Looking at 700 range for longs","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9030156100","repostId":"1160406885","repostType":2,"repost":{"id":"1160406885","pubTimestamp":1645660307,"share":"https://www.laohu8.com/m/news/1160406885?lang=&edition=full","pubTime":"2022-02-24 07:51","market":"us","language":"en","title":"Elon Musk Applauded a Justice Department Probe of Former Tesla Short Sellers","url":"https://stock-news.laohu8.com/highlight/detail?id=1160406885","media":"business insider","summary":"Tesla chief Elon Musk applauded the US Department of Justice's probe into potential short-seller abuses ā and snubbed the US Securities and Exchange Commission ā in a rare email to a media outlet.In a","content":"<html><head></head><body><p>Tesla chief Elon Musk applauded the US Department of Justice's probe into potential short-seller abuses ā and snubbed the US Securities and Exchange Commission ā in a rare email to a media outlet.</p><p>In a Tuesday email to CNBC, Musk said, "I am greatly encouraged by the Justice Department investigating short sellers. This is something the SEC should have done, but, curiously, did not."</p><p>Dozens of short sellers have been caught up in a Justice Department probe into their practices and whether they conspired to drive down stock prices by sharing critical research reports before their wider publication. Andrew Left and Carson Block, two short sellers who have reportedly bet against Tesla stock in the past, have been caught up in the inquiry.</p><p>As for the SEC, the regulator and Musk have had a contentious relationship stoked by the Tesla chief's Twitter account and probes from the agency. Most recently, the SEC pushed back after Musk accused the agency of harassment and "endless, unfounded investigations."</p><p>Musk, who is known for avoiding media and opting to share information on Twitter, did not immediately respond to Insider's request for comment. The SEC and Justice Department declined to comment.</p><p>In his email to CNBC, the Tesla chief also lashed out at "sophisticated hedge funds," which he said take advantage of small investors.</p><p>"They will short a company, conduct a negative publicity campaign to drive the stock price down temporarily and cash out, then do it all over again many times," he said in the email. "The term for this, as you may be aware, is 'short & distort.'"</p><p>His comments echo a tweet he wrote amid the GameStop trading mania early last year when he questioned short-seller practices and called it a "scam."</p><p>So far this year, Tesla shares have sunk 35% amid a broader market slump that has hit tech and high-growth stocks the hardest.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Elon Musk Applauded a Justice Department Probe of Former Tesla Short Sellers</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nElon Musk Applauded a Justice Department Probe of Former Tesla Short Sellers\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-02-24 07:51 GMT+8 <a href=https://www.businessinsider.in/stock-market/news/elon-musk-applauded-a-justice-department-probe-of-former-tesla-short-sellers/articleshow/89783968.cms><strong>business insider</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Tesla chief Elon Musk applauded the US Department of Justice's probe into potential short-seller abuses ā and snubbed the US Securities and Exchange Commission ā in a rare email to a media outlet.In a...</p>\n\n<a href=\"https://www.businessinsider.in/stock-market/news/elon-musk-applauded-a-justice-department-probe-of-former-tesla-short-sellers/articleshow/89783968.cms\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"ē¹ęÆę"},"source_url":"https://www.businessinsider.in/stock-market/news/elon-musk-applauded-a-justice-department-probe-of-former-tesla-short-sellers/articleshow/89783968.cms","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1160406885","content_text":"Tesla chief Elon Musk applauded the US Department of Justice's probe into potential short-seller abuses ā and snubbed the US Securities and Exchange Commission ā in a rare email to a media outlet.In a Tuesday email to CNBC, Musk said, \"I am greatly encouraged by the Justice Department investigating short sellers. This is something the SEC should have done, but, curiously, did not.\"Dozens of short sellers have been caught up in a Justice Department probe into their practices and whether they conspired to drive down stock prices by sharing critical research reports before their wider publication. Andrew Left and Carson Block, two short sellers who have reportedly bet against Tesla stock in the past, have been caught up in the inquiry.As for the SEC, the regulator and Musk have had a contentious relationship stoked by the Tesla chief's Twitter account and probes from the agency. Most recently, the SEC pushed back after Musk accused the agency of harassment and \"endless, unfounded investigations.\"Musk, who is known for avoiding media and opting to share information on Twitter, did not immediately respond to Insider's request for comment. The SEC and Justice Department declined to comment.In his email to CNBC, the Tesla chief also lashed out at \"sophisticated hedge funds,\" which he said take advantage of small investors.\"They will short a company, conduct a negative publicity campaign to drive the stock price down temporarily and cash out, then do it all over again many times,\" he said in the email. \"The term for this, as you may be aware, is 'short & distort.'\"His comments echo a tweet he wrote amid the GameStop trading mania early last year when he questioned short-seller practices and called it a \"scam.\"So far this year, Tesla shares have sunk 35% amid a broader market slump that has hit tech and high-growth stocks the hardest.","news_type":1},"isVote":1,"tweetType":1,"viewCount":165,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}
