910
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
this post was submitted on 05 Jun 2024
910 points (98.7% liked)
News
36221 readers
351 users here now
Welcome to the News community!
Rules:
1. Be civil
Attack the argument, not the person. No racism/sexism/bigotry. Good faith argumentation only. This includes accusing another user of being a bot or paid actor. Trolling is uncivil and is grounds for removal and/or a community ban. Do not respond to rule-breaking content; report it and move on.
2. All posts should contain a source (url) that is as reliable and unbiased as possible and must only contain one link.
Obvious biased sources will be removed at the mods’ discretion. Supporting links can be added in comments or posted separately but not to the post body. Sources may be checked for reliability using Wikipedia, MBFC, AdFontes, GroundNews, etc.
3. No bots, spam or self-promotion.
Only approved bots, which follow the guidelines for bots set by the instance, are allowed.
4. Post titles should be the same as the article used as source. Clickbait titles may be removed.
Posts which titles don’t match the source may be removed. If the site changed their headline, we may ask you to update the post title. Clickbait titles use hyperbolic language and do not accurately describe the article content. When necessary, post titles may be edited, clearly marked with [brackets], but may never be used to editorialize or comment on the content.
5. Only recent news is allowed.
Posts must be news from the most recent 30 days.
6. All posts must be news articles.
No opinion pieces, Listicles, editorials, videos, blogs, press releases, or celebrity gossip will be allowed. All posts will be judged on a case-by-case basis. Mods may use discretion to pre-approve videos or press releases from highly credible sources that provide unique, newsworthy content not available or possible in another format.
7. No duplicate posts.
If an article has already been posted, it will be removed. Different articles reporting on the same subject are permitted. If the post that matches your post is very old, we refer you to rule 5.
8. Misinformation is prohibited.
Misinformation / propaganda is strictly prohibited. Any comment or post containing or linking to misinformation will be removed. If you feel that your post has been removed in error, credible sources must be provided.
9. No link shorteners or news aggregators.
All posts must link to original article sources. You may include archival links in the post description. News aggregators such as Yahoo, Google, Hacker News, etc. should be avoided in favor of the original source link. Newswire services such as AP, Reuters, or AFP, are frequently republished and may be shared from other credible sources.
10. Don't copy entire article in your post body
For copyright reasons, you are not allowed to copy an entire article into your post body. This is an instance wide rule, that is strictly enforced in this community.
founded 2 years ago
MODERATORS
This is bullshit. My EV ETF is not doing well and I'm losing my investment while this jagoff gets to sell his stocks ahead of the announcements and runs away with the money? Fuck that shit.
Shareholders should fucking sue if the government ain't gonna arrest him for insider trading.
I wish I knew money enough to actually understand your comment, but here we are, both hating Elon and wanting him dealt with. Its beautiful really.
An ETF is an investment fund made up of stocks from different companies. A fund based on electric vehicle market could include Tesla, Chevrolet, Toyota, Ford, Kia and various other companies building EV parts like BASF or Northvolt for batteries or chargers.
The fund could be composed of, say, 30% Tesla, 10% Chevrolet, 10% Kia, 5% Ford, etc.
You can invest in the fund by purchasing parts, which then give you a return based on how many parts you bought and the performance of the stocks in the fund.
Does that make sense?
It does. Thanks. Maybe one day i'll ve able to put it to use... 😅
You should check out Investopedia. They have a lot of information about this kind of stuff.
Also, ETF stands for "exchange-traded-fund". I like to know what the initial strand for
It is important. And in this case, it's even exactly what it says on the label. As long as you know what a fund and an exchange are.
If you're using the ETF as a long term investment and you believe EVs are key to our future then you shouldn't worry about this too much (unless the ETF is made up of mostly TSLA in which case I'd not be too happy).
You've not lost money until you take it out of your investment.
True.
And Tesla is in the top 10 stocks with the highest percentage in the ETF. But doesn't hold as much importance as it used to it seems.
I just went and looked again and now the #1 is Nvidia. It used to be Tesla. I guess whoever is managing the fund was good enough to see what was going on and modified the investments.
I believe that normally companies have restricted time windows for trading for people who may have access to information about the company.
kagis
https://corpgov.law.harvard.edu/2021/06/02/determinants-of-insider-trading-windows/
Normally, yes. Working in a couple of big corporations, we would be told when we can't trade because of internal announcements. We could potentially be accused of insider trading. Unless this read a timed trade that was already scheduled ahead of time.