InvestorsHub Logo
Followers 6
Posts 827
Boards Moderated 0
Alias Born 05/20/2016

Re: Golfnut3 post# 3716

Tuesday, 06/25/2019 3:06:57 PM

Tuesday, June 25, 2019 3:06:57 PM

Post# of 18305
yes - that's it - every company wants their investors to buy their shares cheaply - Elon Musk is hoping TSLA stock goes down to $100 so that when they have to do a secondary again the investors get a really good deal. I get bored on Shark Tank every time I see the people on that show pleading with the shark investors not to pay so much for their share of the company.

Losing the sarcasm, NO ONE wants their shares to be sold cheap unless they are connected to an investor purchasing equity or a death spiral convertible which resets at a downward percentage, like 50% of the average over a period to make it even more dilutive. If that is the case (and I honestly don't think that's the case here) you have yourself a self-dealing (which is illegal) scam (which is also illegal).