4 ms·
At any given moment in time, some company's stock will be the most shorted in the exchange. Do you have genuine evidence that Tesla shorts are really qualitativ
by ubernostrum 8y ago
At any given moment in time, some company's stock will be the most shorted in the exchange. Do you have genuine evidence that Tesla shorts are really qualitatively different from other former "most shorted" title holders?
- freerobby 8y agoI think the actors who are eager to see Tesla and SpaceX fail are more powerful and motivated than is typical, but I acknowledge this is an unproven hypothesis. However, Tesla does not need to be exceptional for the larger point to remain. Former heavily shorted companies have dealt with the same thing. Look at the war between Fairfax and hedge funds in the early 00s (similar claims, similarly evidence (i.e. circumstantial but unprovable), similar results (stock took hits and then jumped as financials improved). https://www.theglobeandmail.com/report-on-business/fairfax-the-latest-to-join-fight-on-hedge-funds/article1101393/ https://www.theglobeandmail.com/report-on-business/fairfax-t... Someone at TMC wrote up a more thorough and Tesla-analogous explanation if you are curious: https://teslamotorsclub.com/tmc/threads/elon-musk-vs-short-sellers.118431/#post-2814834 https://teslamotorsclub.com/tmc/threads/elon-musk-vs-short-s...
- pvg 8y agothe actors who are eager to see Tesla and SpaceX fail are more powerful and motivated than is typical Why would they be?