Friday, March 04, 2016 7:38:52 AM
• Likely helping out today: 24.2M shares (40% of the float) were shorted as of Feb. 12, and many of those shorts have big profits following SolarCity's recent plunge.
• Musk, SolarCity's chairman, recently upped his stake to 22.6%. The Tesla/SpaceX CEO hasn't given any public indication he wants to fully acquire SolarCity, which sports a $2.3B market cap and could require a buyout price in the ~$3B range.
Two Americas , coming closer each day to proving the truth to Lincoln 's maxim that a house divided against itself cannot stand.
"Life is ten percent what happens to you and ninety percent how you respond to it."
Lou Holtz
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