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Also the shorts try to push the stock down via endless false rumors (there are real challenges to tesla of course) about bad cars, crashes, fires, etc, and thos
by Latteland 8y ago
Also the shorts try to push the stock down via endless false rumors (there are real challenges to tesla of course) about bad cars, crashes, fires, etc, and those false rumors must prevent some people who just don't have time for so much drama from looking into them.
- wgerard 8y agoThat's a realllly simplistic and one-sided view of short sellers.
- Latteland 8y agoThey aren't all trying to do that of course, a lot of people are just trying to make money and look at a stock and think it will go one way or another. But I don't like the people that push false narratives and convince people of things that aren't related to reality.
- wgerard 8y ago> They aren't all trying to do that of course The vast majority of them aren't trying to do that, similar to how the vast majority of longs aren't trying to P&D. > But I don't like the people that push false narratives and convince people of things that aren't related to reality. I hope you see the irony in saying that: This is almost word-for-word what Tesla shorts accuse Tesla of.
- Latteland 8y agoAnd shorts I guess keep down voting my comments but I hate that musk posted that, and he better be able to document why he felt that was true.
- rootusrootus 8y agoNah, what really happens is that there are so many short positions that the stock is notable for just how many people are shorting it, and that itself becomes the negative news. You don't have to write a single 'fake news' story to get that effect.
- lamontcg 8y agoHaters gonna hate. A lot of that news is just to sell clicks and has nothing to do with short selling. Other people hate Musk for reasons not having anything to do with self-interest in the stock price and want to bad mouth him. And the only way to do with those rumors is to be successful. Going to war with people bad mouthing you never works.