Thread by @SheepleAnalytic

@htsfhickey Fred, here is the real story behind his purchases, and everyone missed it because nobody thought to look at the raw data. It's quite incredible (desperate, and possibly bordering on stock manipulation). See for yourself.

First step, look at the reported price on the Form 4

@htsfhickey 2nd step - Notice that the $294.79 fill price couldn't have happened during regular market hours.

So, go pull up the entire time & sales data set and put it into excel to figure out when the trade could have taken place.

There were only 2 prints at this price = 2 possibilities

@htsfhickey Next step, check the trades that occurred at 7:14:01.

Not a possible solution set. So, move on to the 2nd possible outcome

@htsfhickey Next, sort the same T&S data by time (as we did in the previous tweet) to check the trades around the 2nd possible solution set.

Almost perfect. But, let's make it more perfect .............

@htsfhickey Voila. Perfect DNA match.

Proof that this was, almost without question, Elon's trade.

@htsfhickey You can then construct similar models from that point in time on, and you can see that the $8 run in $TSLA stock that occurred about 1 hour after the 10-Q was released was caused by Elon Musk's purchases .....

@htsfhickey And that, @htsfhickey , begs the question .... "Why would anyone enter an almost $10,000,000 market buy order at what was the most illiquid time of the day?"

Any decent broker, and especially any decent trader, would have advised against that execution ....

@htsfhickey Which means that whoever was on the instructing-end of that trade almost certainly rejected the advice to wait 90 minutes in order to get the most efficient fill price.

And why would someone do that?

@htsfhickey Because the goal, the intent, of the trade was quite the exact opposite - it was meant to move the stock price as much as possible, in the most efficient way.

In essence, Musk paid a giant premium in exchange for moving his stock price as quickly as possible.

@htsfhickey And that was done, most likely, to induce more buying ... to "artificially" induce the short squeeze that he has been tweeting about leading up to this move.

SEC Manipulation: "rigging quotes, prices or trades to create a false or deceptive picture of the demand for a security."

@htsfhickey And that is the real story of Musk's purchases of stock on May 7, 2018 ...... The story that not a single reported picked up on. Because people are simply too lazy to stop and think anymore. Just take Musk at face value and hype the %$ out of it.

@htsfhickey Instead, this is what you get from the brain-dead media who think they are researching and analyzing and presenting useful data to the investing public.

Its ridiculous and disgusting the level of apathy that passes for financial journalism.

@RudyHavenstein

@htsfhickey @RudyHavenstein PS - If this analysis is correct, and I urge you to dig into the data set - it isn't difficult, then anyone who uncovers this story to the mainstream will reveal what is a potential major flaw in the man everyone thinks is Tony Stark.

@htsfhickey @RudyHavenstein And remember this one from Glass Lewis, one of the 2 leading proxy advisory firms on earth

@htsfhickey @RudyHavenstein And ISS, the other leading proxy advisory firm is now, starting in 2018, advising their clients to "vote against the members of the committee that oversees risks related to pledging, or the full board"

Institutional shareholders ... you were most likely advised.

@htsfhickey @RudyHavenstein "Therefore, to avoid substantial losses from a forced sale to meet the terms of the loan, the executive may have an incentive to boost the stock price in the short term in a manner that is unsustainable, thus hurting shareholders in the long-term."

@zerohedge

@htsfhickey @RudyHavenstein @zerohedge

https://twitter.com/SheepleAnalytic/status/994583397619167233

@htsfhickey @RudyHavenstein @zerohedge In a momo stock with no earnings & high short int, the difference between 289 and 301 is nothing more than psychology.

>300 generates confidence/buying
<290 generates fear/selling

$10M properly timed = cheap insurance on the 10-Q. Premkt had printed 293s prior to his trades

@htsfhickey @RudyHavenstein @zerohedge And for a guy who already has more than 40% of his stock pledged to his IB to secure personal loans, the last thing you can have is a falling stock price and any headline that talked about your having to pledge even more shares to avoid a liquidation.

Perception is reality

@htsfhickey @RudyHavenstein @zerohedge Just 47 days prior, he had secured a potential $50+ billion payday in stock with cashless exercise.

He already owned 33.6M shares (not inc options).

He had never made an open mkt purchase.

Vote of confidence or manipulative trade to buy time?

What's logical?

@htsfhickey @RudyHavenstein @zerohedge Forbes writer, Jim Collins, gets it.

forbes.com/sites/jimcolli…