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People actually have been shorting Tesla for a long time. The problem is they keep getting burned on it.
by cdash 11y ago
People actually have been shorting Tesla for a long time. The problem is they keep getting burned on it.
- nemo44x 11y agoIn fact some would say the stock is trading at these levels due to a prolonged 2-year short squeeze. The initial squeeze brought in new retail (and institution) investors forcing margin calls which in turned raised the price more creating more short sellers and retail longs. I bought stock and options when this was trading at 35 and sold at around 140 as I put my fair market value at about 125 for this company. Would gladly reenter at that price.