TSLA pops the last 2 days to $900. All over the news. Citron says "Even Elon would sell here". Accounting magic using stock based compensation, delayed delivery tactics to please convertible bond covenants of a certain price (SeekingAlpha pls verify).
If you won't be buying here, then a short is in order. This obviously is unsustainable. There has been no material change in the company the past week that warrants this move.
VW also got squeezed in 2008 and what looked like the top at 677 went on to double to 1400.
Make sure you are prepared for $TSLA at $1,800 before shorting.
If you won't be buying here, then a short is in order. This obviously is unsustainable. There has been no material change in the company the past week that warrants this move.
VW also got squeezed in 2008 and what looked like the top at 677 went on to double to 1400.
Make sure you are prepared for $TSLA at $1,800 before shorting.