A story which, once told, removes yet another margin of safety from well-heeled fossil fuel and Big Auto interests.
Note: This post is not written to indicate to you or anyone else in particular that you are stupid. Plenty of people other than me are more than intelligent enough to put the facts of this particular situation together and arrive at what will appear â when you first read it â to be a shocking revelation.
Those of you who are fools will regard this as âimpossibleâ or otherwise not in the process of happening right under your noses. Fools are the sort who, given a financially plausible (and profitable) situation, deny that such a thing could ever occur â both before and after the fact. Fools donât believe their eyes.
When the New England Patriots established the unwritten rule that cheating was okay unless you got caught and then also that in certain situations, cheating is okay whether you get caught or not, part of this country died.
When the better talent and ethical self-limiters of the Baltimore Ravens cost them a chance at going to the Superbowl it was a question of cheaters generally win.
It was a situation where cheaters observed in advance that the overarching rules and the gravity of the situation DID NOT ALLOW even the governing bodies in ostensible control of it to levy meaningful sanctions on them.
For the Patriots, it was comparatively easy to know that they could both cheat and get away with it.
For me, professional football lost ALL its appeal when that happened, and when it did, part of this country died for me. Donât bother denying that such hasnât repeatedly been the case: the NFL rulebook is nothing more than a casual set of guidelines anymore, and everyone with a pair of eyes can see it.
How many times has this happened in the last couple of years in the playoffs?
You all make me laugh. Such stupid little sheep, each and every one. Not capable of seeing your country getting erased right out from under your noses. Not demanding that heads roll over situations like this one.
Mr. Manfred apparently believes itâs his prerogative to essentially award two World Series titles in a row to teams which absolutely and without any question cheated. One of which was, rather predictably, a team out of Boston.
If there were any doubt that this is a simulation â rather than âreal lifeâ â and that some other-than-human power is presiding over the situation and taking end-game amusement at the expense of the players, that doubt has since left the unlocked barn with the last of the horses.
Someone go lock the barn so we can make sure fair play canât wander back in.
I hardly need to mention IQ-deficient MAGA sheep, or the too hypocritical for words Evangelical Church. False piety has to be one of the most amusing conditions observable to whomever or whatever is actually running this show. Right after those insensate churchgoers who believe the arrival of Donald Trump in the White House represents the dark moment before the dawn when Christ or some other similarly clad diety descends to elevate the self-righteous to their seats at the next big game.
Senators are now cheating the American public because they think they can get away with it. Youâre not even going to get a fair trial, because they all but know that not a single one of you has the chutzpah of your writer. The Overton window has been moved; youâll accept anything now.
You people donât even have the balls to like or retweet the truth when you see it. Even the number of followers you have on Twitter is more important to you than the truth.
You guys (and ladies) make me laugh, and so does this laughingstock country. And if you somehow think that *I* am the one mocking the fabric of Old Glory when all the evidence in the world (and more or less everyone standing on the other side of our borders) shows that YOU are the ones complicit in the mockery, yours is one of the opinions I respect in the technical sense alone.
Opinions << facts.
The concept of liberty doesnât involve making up a just-barely-believeable-at-least-to-you story and then compromising the rights of others (or their lives) as a result.
When police officers summoned to the scene of the Tesla Henrietta service location accepted the falsehoods Tesla personnel told them in direct defiance of New York State law, they were colluding with those personnel to deprive an American citizen of his property. In the event that the New York State Attorney Generalâs office fails to sanction those law enforcement personnel, it will similarly be colluding with wrongdoers. Merely because it provides an alternative for itself and others who could obey the law but donât find it convenient enough.
Which brings us back to the SEC, rampant high-level fraud, and cheating that no one will ever be able to police.
Rules which cannot and will not be enforced are not rules at all.
Itâs very clear that Jack Rickardâs assessment in a post last August about âThe Tesla Conspiracyâ registered here:
is more than a little accurate. Itâs also clear, in the context of ineffective enforcement, what will happen â what is currently in the process of happening â as a result of the financial interests involved in this situation.
Yesterday (Thursday, January 30, 2020) TSLA stock vaulted 10.3% to close at $640.81 after experiencing a 52-week trough below $180 (28% of its current price) less than eight months ago.
Tesla CEO and sometime-economist Elon Musk no doubt expected an epic short squeeze, as did many others â including me. That short squeeze didnât occur, nor do I now expect it to.
The reason is quite simple: it will never need to.
The rules of this idiotic game have apparently been sorted out amply by people who are far more financially savvy than the lot of you and even though Iâm a garden variety analyst, even I can figure out how big monied interests can easily avoid an extremely costly short squeeze.
As Jack points out, the point here is not at all to directly make money. The point is to keep from losing money indirectly â which is absolutely going to happen once the Tesla freight train picks up enough steam.
Without even examining yesterdayâs receipts, itâs easy to know that short sellers of the well-heeled variety repositioned themselves and took up large blocks of positions which, in concert with one another, could financially shield them from an explosive squeeze ever taking place. The process is quite similar to firefighters who start controlled fires to help prevent forest fires from growing completely out of control.
And in case you somehow doubted this were the case, here:
The rules allow people to lose any amount of money they like â and the investors in this situation (again, as Jack so eloquently points out) â are acting with due regard to their external financial interests. Interests which trump their need to make money off of doomed short positions.
And you, TSLAQ, are right in the middle of all of this. Buffoons one and all. You are the financial equivalent of the guys in the MAGA hats: able to be readily manipulated because your amygdalas wonât allow you to live a peaceable life without having someone to target with your vitriole. That person happens to be Elon Musk.
Itâs pretty easy to hate people who are smarter or more successful than are you. More or less all of us are prone to having our thinking directed by envy; itâs just a question of whether we allow our conscious brains to be manipulated by our endocrine systems. In this case, itâs a thing only supported when you donât know how difficult the other indianâs moccasins were to wear.
I have to wrap up for my 4:20AM EST deadline, but this will be continued and edited lightly by 7:20AM EST (4:20AM PST.)
Thanks for the read.
This will conclude part 1, part 2 will begin later â once I take a few more Zâs and consult with the operators of the matrix. Who tend to most frequently discuss these matters with me while Iâm sleeping.