Shorts are NOT covering. Shorts are lined up looking for more shares to short. Most obvious short of a generation.
Nobody is covering anything. People are lined up a million deep looking for more shares to short. This is the most obvious short of an entire generation. Like taking candy from a baby. A #$%$ baby.
The war has nothing to do with it. The fact that TSLA is grotesquely over valued by every possible objective metric and has 30% of the float sold short is a traders wet dream. I usually don't short stocks but this one I am seriously considering as it is the most obvious short opportunity of a generation.
It is really a quite interesting phenomenon. I have been here reading to some extend literally since 1994. And believe it or not, the regular posters here are THE SAME PEOPLE FOR ALMOST 20 YEARS. That is right. The same people are posting here all day long, every day, for 20 years ranting about politics.
Disruptive technologies are ones that are new. electric cars have been around for decades, and never took off. never took of for a reason. I am neither long nor short, but am contemplating going short.
I agree to go long, but geez man, $400,000 is WAY TOO MUCH to have in any one single stock. You should have no more than 5 or 10% in one stock. Maybe you have 8 million in cash, but I doubt it because if you did you surely wouldn't be hanging out on the yahoo message boards for advice.
I think a lot of it has to do with profit taking. A lot of people (like me) that bough in the $2's have made a small fortune. I also bought back after teh crash but used a covered call strategy since the options premiums are sky high. Either way, I love trading this stock and have made a tidy sum doing so.
But just to be perfectly clear, they are dealing with CBD's (cannabidiols) which are not a psychoactive ingredient. So it will in no way get you high.
You just add to the complete lack of credibility that this SCAM of a company is. It is 4 dump stoners that created a scam to rip idiots like you off. The call it "dope" for a reason.
You are a complete moron. Either you are some dumb kid that knows nothing about investing or are too stupid to know how to read. Here is an excerpt from your very own link (below). This statement in essence means that the company is a blog web site. They have no products, no services and no profits. It is 4 dudes in a rented room taking your money and putting it into their pockets. Anyone that has any experience investing in start up companies can see the signature of this common scam written all over it. But you just keep on living your delusion, and when you lose every penny of your investment, you will earn the same hard lesson that most stubborn investors learn the hard way.
The company has expanded its focus to develop opportunities associated with the #$%$ industry. The
company does not cultivate, distrib
ute or possess marijuana. Instead, the company is creating a service infrastructure to
serve industry participants. By creating the prerequisite social network infrastructure, the company is poised to profit
from its leadership position in the industry. Th
e company contemplates becoming involved in a social networking
media via the internet to connect industry participants and serve their information needs. The company also plans to
pursue providing a full curriculum to educate participants in the industry
both through live seminars as well as via the
internet. The company intends to offer industry
related products and services where economically feasible. Finally, the
company is developing a website providing entertainment and news which affect industry par
So you think a very slow growing company that barely turns a profit (they made $100,000 in profit) is worth more than $30 billion? Why?
So you think a company that has $100,000 profit and very slow growth should be valued at $30 billion? Very curious indeed.