4 ms·
TSLA is -8.5% today... and back to 2014 levels. I think his hedge fund is just fine.
by nopriorarrests 9y ago
TSLA is -8.5% today... and back to 2014 levels.
I think his hedge fund is just fine.
- wellboy 9y ago-8.5% on one day is a very weak signal. Next week it's up 8.5% again.
- nopriorarrests 9y agoIt broke to the downside after trading sideways for two years. Taking their financial position and M3 delays into account, it is not a good move. Limits their capital rising options.
- nopriorarrests 9y ago...and as of today, it's -25% in a 3 weeks. Not a weak signal anymore.
- wellboy 9y agoIt's a bit of a better signal, but still not that significant with the dow jones also being down 25% over the last several weeks.
- ricardobeat 9y agoI'm sorry, how are these related? After this slump, TSLA is still up ~1400% since the time that hedge fund started (2010).
- nopriorarrests 9y agoWell, true, but talks about tesla bubble gained traction after tesla reached capitalization of ford - year or two ago. So I (somehow optimistically) assume that tesla shortsellers shorted TSLA highs during last year or two, which puts their positions into black atm.