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The Sliding Door Syndrome - Hertz

 Open the door and guess what might happen? Who knows which way the winds will be blowing. The used auto car market got dumped on last week in the U.S, especially on tariffs new.  Trump said he might raise the tariffs on cars to more than 25%. It's a fickled  market. Here are a few of the sell offs. 1) Carvana Company. It sold off over $21.00 dollars on the day last Friday. They have a reputation for having share manipulations with a long history of  insider "buying-and selling-activities". They have a short interest of 5.3% . It didn't help much that the DJIA was down over 700 points on Friday. 2} Carmax also sold off on the week. They have an earnings report coming out and that could cause the stock to drop but maybe not. It could actually rally. Here is it's one week chart and a conference call dial in number. Listen to it if you like. I might be. Now here is a look at the 65 series of Calls on this stock that expire this coming Friday.  On Friday morning at ...

Musk and Potentially Using the System for Self Serving Purposes

When you are the second richest person walking on the globe you can play with the system. It is said that Musk is worth about 180 billion dollars. From April to December of 2022 he was forced to sell some $23 billion in Tesla shares to keep Twitter afloat, one of the reasons the stock tumbled more than 50% during that period. Last Friday was a bit of a scam. When your rich you can play funny games. What happened? First Solar jumped $53.09 in one day. The Musk empire was in on this action. Solar City got a five billion dollar boost in market capital on the release of the news of its $80 million dollar deal to buy a European firm with cutting-edge technology. Why did this happen on a Friday? That's when options that expire that day can jump the most in price on good news. The boys in the back office doing the deal could have their friends load up on Call options. Look at how some of the Call options on First Solar jumped in just one day.
Look at this. Look at how small the open interest levels were going into the trading session and look at how those numbers swelled up as did the prices of these two series of Call options and other series.
Something equally as bizarre happened to Telsa's stock that day. Look at it's five day chart and Friday was the last day of this action..
It jumped upwards on the opening and closed down on the day. Look at some of these readouts. The ones that have a C in them are Calls and Puts have a P in them.
Note the volume of over 353,000 contracts trading in one of these series of Calls to end up a zero. It is a game of high stakes but who can afford to be trading Telsa Options which would be expiring that day? Not the average guy on the street. Now the Puts.
Was the selloff in Telsa shares on Friday afternoon a double dipping orchestrated event? Create the First Solar bubble, then the Telsa rally buying Telsa stock and Calls with the newly found First Solar profits and then do a dump on Telsa stock on Friday afternoon with the delight of holding newly acquired Puts to cash out at the end of the day. I saw Telsa rally on Friday morning and checked for news. I couldn't find anything to important or a link to the Solar City action. I knew that there was a second wave of news last week about Telsa raising some of it's prices. The action in Solar City was not on my radar list. I realize why so many people think the markets are rigged. I kind of think it is too.

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