jhm
Well-Known Member
So my read on this is that Musk could continue selling 934,091 shares per day for the 4 days that remained in this week. That would bring the total sold up to 15,702,785, or 92.1% of his 17M target. This seems to be the upper bound on how much damage this selling can do until after the Q4 earning report in late January. I'm also hoping that this gets Musk close enough to his goal that he'll let off next year.
1st part. discretionary sales will close. The rest will play out as planned.
Do this interpretation seem sound? I'd like feed back.
I'm trying to transfer a few shares to charity by the end of the year, but would prefer to hold out for better prices. So if it makes sense that Musk's selling will let off by the end of the week. I'm inclined to wait until next week or the following week to make the transfer.