Anonymous ID: 1b999f Sept. 2, 2020, 10:08 a.m. No.10504731   🗄️.is đź”—kun   >>5097 >>5229 >>5253 >>5309

82-8000 and 92-9000 USAF VIP 747 departed JBA for Wilmington International Airport

One of these will peel off to a different location

 

1:25 PM EST-The President arrives at Wilmington International Airport

1:45 PM-The President departs Wilmington International Airport en route to Battleship North Carolina

1:55 PM-The President arrives at Battleship North Carolina

2:00 PM-The President delivers remarks on designating Wilmington, NC as the first American World War II Heritage City

2:45 PM-The President departs Battleship North Carolina en route to Wilmington International Airport

2:55 PM-The President arrives at Wilmington International Airport

3:05 PM-The President departs Wilmington, NC, en route to Washington, D.C.

4:10 PM-The President arrives at Joint Base Andrews

https://factba.se/topic/calendar

98-0001 USAF C-32A reappears to the west of

WEPS22 US Navy E-6B Mercury out of Pax River on the track sw of DC

SCORE46 US Navy Q-4 Triton off shore to the east

Anonymous ID: 1b999f Sept. 2, 2020, 10:17 a.m. No.10504849   🗄️.is đź”—kun   >>5097 >>5229 >>5309

Tesla’s stock sinks into correction territory after disclosure of another large seller

 

Baillie Gifford’s Tesla stake decreased by more than 19 million shares since the end of June, but the value of that stake increased by nearly 50% as prices more than doubled. Shares of Tesla Inc. took another dive Wednesday, after the electric vehicle maker disclosed that one of its largest shareholders sold off a chunk of stock, although the sale was effectively just a rebalancing as the value of the stake actually increased.

 

What may be unnerving investors is the disclosure comes a day after the company itself said it would sell up to $5 billion worth of its stock. Separately, although BofA Securities analyst John Murphy raised his price target to imply a near-30% gain from current levels, he stopped short of recommending investors buy the stock.

 

Tesla’s stock US:TSLA dropped 9.8% in active midday trading, which would be the biggest one-day decline since May 1. The stock has now tumbled 14% since it closed at a record $498.32 on Monday, when its 5-for-1 stock split took effect.

 

Many on Wall Street label a decline of at least 10% to up to 20% from a significant peak as a correction, while a decline of 20% or more is defined as a bear market. A close below $448.49 would make the correction “official,” while a close at or below $398.56 would mark a bear market. Tesla disclosed in an SC-13G/A filing with the Securities and Exchange Commission that Scotland-based Baillie Gifford & Co. had reduced its stake to 39.63 million shares, or 4.25%. That would drop the 112-year-old investment firm to fourth on the list of Tesla’s largest shareholders.

 

Baillie Gifford had previously disclosed a stake of 58.86 million shares as of June 30, or 6.32% of the shares outstanding according to FactSet. That made Baillie the second-largest shareholder, behind only Chief Executive Elon Musk’s 18.3% stake.

 

Based on Tuesday’s stock closing price of $475.05, the approximately 19.23 million shares Baillie Gifford sold would be valued at about $9.14 billion.

 

Baillie Gifford said it sold the stock to meet internal guidelines that limit the percentage of the portfolio that could be invested in a single stock, according to a report in The Wall Street Journal.

 

As of June 30, Baillie’s Tesla stake was valued at about $12.7 billion. As of Tuesday’s closing price, which was 120% above the June 30 closing price of $215.96, the value of the decreased stake increased by 48% to $18.8 billion.

 

Baillie said it remains optimistic about Tesla’s future, and would buy the stock again if its sold off, the WSJ report said.

https://www.marketwatch.com/story/teslas-stock-sinks-into-correction-territory-after-disclosure-of-another-large-seller-2020-09-02

 

Raw SEC filing

https://www.sec.gov/Archives/edgar/data/1088875/000108887520000084/teslainc31082020.txt

https://finance.yahoo.com/quote/TSLA