They've figured out a nice money making machine with the combination of:
- Low float
- High short interest
I've been watching them push the stock around with massive option buying and forced dealer gamma hedging. And as long as the Fed is printing new money, these games can go on indefinitely.
TSLA probably pauses at 500 but that may last only a day or week. It can go to $4000 just as AAPL heads to $1000 as every tech stock melts up. Oh, and eventually the USD is worthless.
- Low float
- High short interest
I've been watching them push the stock around with massive option buying and forced dealer gamma hedging. And as long as the Fed is printing new money, these games can go on indefinitely.
TSLA probably pauses at 500 but that may last only a day or week. It can go to $4000 just as AAPL heads to $1000 as every tech stock melts up. Oh, and eventually the USD is worthless.