They can't do a secondary over 150 in this market.
Should be a 40 - 60 stock now.
All the momo stocks have failed to breakout, earnings have been negative to mixed with AMZN and FB the only stocks who beat well. And it's now May. Seems like there is no good reason to stay long stocks for the summer. TSLA could quickly see 150 again on a market sell off.
60 IS THE NUMBER