its fun to see the the change of this boards sentiment in 2 days
2 days ago Tesla was "going to da moon!". Everyone here was an irrational long. Today shorts are saying this is going bankrupt and yet admit that the model s and the garage fire are a coincidence. Shorts also ignore that 47% of the float is shorted. Retail longs and retail shorts both get burned lol.
you need to correct that word "everyone" here was irrational Longs- I got in 2.5 weeks ago at 121/change, sold the day before for 154.2,,I'm out to make money, not to bash the stock, or even say it was going to the moon.
Avg Vol (3 month)3: 12,200,300
Avg Vol (10 day)3: 9,630,810
Shares Outstanding5: 122.59M
% Held by Insiders1: 35.30%
% Held by Institutions1: 68.30%
Shares Short (as of Nov 29, 2013)3: 29.16M
Short Ratio (as of Nov 29, 2013)3: 2.00
Short % of Float (as of Nov 29, 2013)3: 46.70%
Shares Short (prior month)3: 25.39M
This is the plan and I believe many of the market makers utilize such postings to whip up the market. You will see many more "to the moon" postings by random login IDs during a sharp upswing. That can mark when the top is occurring. Of course, that happened to the extreme at the end of September (thru 193) and stopped soon after with the first Oct 3rd fire.
This is a wall street and investment bank manipulated stock. This is how it goes. Now, if you are a trader and don't mind short term cap gains, you can triple your money in a year. If you buy and hold, you just hope it works out in the end.
You are insane. There is no conspiracy. Retail investors buy momo stocks thinking they will get rich and sell at the first sign of trouble. When the stock is going up they believe it will go up forever. Likewise, retail momo shorts will jump on anything they can.