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>Just FYI, electrek is consider very bullish on Tesla. It's worse than that. The "analyst" is from Worm Capital. Every heard of them? Probably not. But the
by compcoffee 8y ago
>Just FYI, electrek is consider very bullish on Tesla.
It's worse than that. The "analyst" is from Worm Capital. Every heard of them? Probably not. But their fund is 60% Tesla.
Why is it that "shorts" are criticized for talking their book and spreading FUD, but the "longs" are not criticized for all the stock pumping? Why are Worm Capital and the YouTube guy getting factory tours?
- maratd 8y ago> Why are Worm Capital and the YouTube guy getting factory tours? Because they're helping the bottom line? That's Tesla's job. To help itself. Are you proposing they give tours to short sellers?
- JohnJamesRambo 8y agothat might actually be useful
- w8vY7ER 8y ago...who also happened to have just visited for an on-site tour that provided them with a unique perspective, conceivably? Spin works both ways here it seems what's with the apoplexy over an editor citing the fund's blog
- specialp 8y agoThere's always this feeling that shorts are predatory and making money off other people's demise. Kinda like betting the "Don't Pass" line in craps. Stocks go up, everyone wins right? Oh no not those pesky shorts trying to drive the price down. But the misinformation and hype from the long side is actually worse in general, and shorts aren't to blame for misplaced greed and hype. If I am long on a stock I applaud the shorts. After all, if they are wrong, they have to buy back and drive up my price more. Also when a company is over-hyped or worse and outright fraud, short sellers can bring attention to this and slow the impending bust that is going to happen. I personally had shorted a lot of stocks in the past and they are almost all bankrupt now taking with them the sheer speculators that over extended themselves.
- taneq 8y ago> If I am long on a stock I applaud the shorts. After all, if they are wrong, they have to buy back and drive up my price more. You're right but I think a lot of hobby investors don't really get 'long on stock' - once they buy stock in a company they feel personally invested and want the price to go up, and damn the naysayers. The only time this might not apply is when a company is taking a huge risk (like Tesla with the push for the Model 3) and there's a real chance that grassroots FUD could break a company.