Left, the legendary short seller behind Citron Research, is back at shorting Tesla Inc. TSLA, -18.61% stock, which on Tuesday rose nearly 14% to close at a record $887.06, its sixth straight session of gains.
We love $TSLA and promised never to be short again. BUT when the computers start driving the market, we believe even Elon would short the stock here if he was a fund manager. This is no longer about the technology, it has become the new Wall St casino. According to financial technology and analytics firm S3, the number of Tesla shares shorted have decreased by 1.37 million shares, or 5.30%, over the past month as the stock had risen nearly 50%. Over the past week, shorts have declined by 651,000 shares, or 2.6%.
Tesla stock has hit high-water marks that stretch back to December, most recently fueled by a blockbuster quarterly earnings beat and the company’s promise it would sell more than half a million cars in 2020.Analysts at Wedbush, led by Dan Ives, called the Tesla rally “a parabolic run for the Wall Street history books” in a note Tuesday. The “bull party” will likely continue in part thanks to “very strong” production and demand in China, they said.
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Tesla ‘casino’ lures back famed short sellerAndrew Left of Citron Research on Tesla Inc. stock: ‘Whoever bought it at these prices has to flush it.’ If I had the money to short Tesla, I would use the money to short ABC, XYZ. SquawkCNBC SeekingAlpha MadMoneyOnCNBC Wu_Tang_Finance FT themotleyfool 247WallSt WSJ Umm... It won't be flushing anytime soon. The float is too small, and its getting added to the S&P 500.
Source: MarketWatch - 🏆 3. / 97 Read more »
Double murder mystery linked to Mexico's famed monarch butterfly sanctuaryA double-murder mystery is unfolding in one of the world's most mysterious wildlife spots after two nature activists who worked at Mexico's El Rosario monarch butterfly sanctuary were discovered slain just days apart. Payroll officer needed in massachusetts..... Work part time at home as a Payroll Officer for SIKA USA INC There has to be some type of reason why this happened Butterflys are awesome. Weird sounding case.. They must have footage or cameras on the property.
Source: ABC - 🏆 471. / 51 Read more »
Tesla ‘casino’ lures back famed short sellerAndrew Left of Citron Research on Tesla Inc. stock: ‘Whoever bought it at these prices has to flush it.’ If I had the money to short Tesla, I would use the money to short ABC, XYZ. SquawkCNBC SeekingAlpha MadMoneyOnCNBC Wu_Tang_Finance FT themotleyfool 247WallSt WSJ Umm... It won't be flushing anytime soon. The float is too small, and its getting added to the S&P 500.
Source: MarketWatch - 🏆 3. / 97 Read more »
Tesla Shares Rally at Fastest Pace Since 2013The advance is testing the resolve of short sellers who have made the electric-car maker one of the most bet-against companies in financial markets. CGasparino as you well know... One good term deserves another 4more4Trump2domore CGasparino Forgot CGasparino BS scoops “TSLA need to raise money ,SEC insider “. ? ZERO credibility FoxBusiness
Source: WSJ - 🏆 98. / 63 Read more »
Latest loss by Tesla shorts: $2.5 billion on Monday aloneTesla Inc. stock’s 20% jump on Monday costs short sellers $2.5 billion, according to a a financial technology and analytics firm. Apple announce they have taken 20% position in Tesla, appointing Tim Cook to the board and extending unlimited zero interest line of credit. Musk to succeed Tim Cook as CEO of Apple once Tesla reaches $1T cap. - This would be an ideal start for tomorrow. 😅 $tsla $aapl fintwit
Source: MarketWatch - 🏆 3. / 97 Read more »