Tesla: The Great Short

[sugarwood]

Originally Posted by trader220

As much as the trader in me wants to be short this thing, the trader in me also knows not to touch it.

Smart.
It can go to $50,000
That said, I'm calling a top at $780

[trader220]

Originally Posted by sugarwood

Smart.
It can go to $50,000
That said, I'm calling a top at $780

So you want to get short here?

[speeder]

This thread is a fun read. I made a post about how maybe I should roll the dice and buy some @$200 about 6 months ago. Kicking the schit out of myself right now.

https://www.latimes.com/business/story/2020-01-31/tesla-stock-mystery

[sc_rufctr]

Self confessed Aussie "fan boy" who predicted this would happen.

https://www.youtube.com/channel/UCagiBBx1prefrlsDzDxuA9A/videos

[slodave]

I’ve more than doubled my money with Tesla at this point. I’m happy.

[trader220]

Originally Posted by speeder

This thread is a fun read. I made a post about how maybe I should roll the dice and buy some @$200 about 6 months ago. Kicking the schit out of myself right now.

https://www.latimes.com/business/story/2020-01-31/tesla-stock-mystery

You're killing me... Loved the piece you linked from the LA Times. Just makes me want to short this pig even more.

[Cajundaddy]

Yep, when everyone was screaming "SHORT TESLA NOW!!!" I should have quietly bought $200k in stock. It would now be $780k. After taxes that would have been a nice GT2RS.

Not the way I play the game though, c'est la vie.

https://www.marketwatch.com/story/latest-loss-by-tesla-shorts-25-billion-on-monday-alone-2020-02-03

[speeder]

I wish there was some way to short the people shorting Tesla.

[trader220]

Originally Posted by speeder

I wish there was some way to short the people shorting Tesla.

It's very simple, shorting a short is being long.... feel free to buy long stock here.

[slodave]

I actually played the long game twice with Tesla now. First time was a few years ago, rode the stock up and sold before it came back down. Bought back in when I thought it had bottomed out, but it didn’t, so have been riding it ever since. As of closing today, my investment is up 109.52%. Now I just have to see what I am going to do next.

[speeder]

Originally Posted by trader220

It's very simple, shorting a short is being long.... feel free to buy long stock here.

I know, I was just pulling your chain. You should definitely short the piss out of it, though...isn’t that the way investing is supposed to be done? Putting your $$ where you believe something is going? I’m sure kicking myself for not doing it.

[RedBaron]

Trending near $900 in the premarket. This is nuts.

[Sooner or later]

Originally Posted by RedBaron

Trending near $900 in the premarket. This is nuts.

Looks like it opened at 883. Now 845

[slodave]

Originally Posted by Sooner or later

Looks like it opened at 883. Now 845

$870 and climbing. 🤣

[Sooner or later]

894!

[slodave]

Over 900 4x in the 15 minutes the market has been open.

[Sooner or later]

909

[Sooner or later]

Will it hit a 1000 today?

[slodave]

Over 150% gain in my investment this second go around.

[Roswell]

Classic short squeeze. Very classic.