Don't get me wrong, I don't think shorts are stupid in the least bit! In fact, I would be willing to bet that they win more than they lose. I just think every now and then a stock does something that was completely unpredictable and a lot of people lose!
Between the potential Tesla has and the momentum right now it's just to hard to predict when it's going to peak and how big the dip will be. I don't think it will be much below the secondary price though, maybe high 80s and then start a steady climb for months to come. I think there are a lot of longs that were on the fence that are ready to jump in now.
FB waited till their peak for their IPO at which point there were to many questions about where they could go from there, and they have to compete with Google in they're market. Tesla is just getting started and still has much more to come. They could very easily become the Google of they're market!
First let's review the obvious, shorts. It's no secret how much this stock was shorted and how much more it's been shorted since this run started so lets get started shall we. Those that shorted in the 60s and 70s that haven't covered by now are screwed! They will be trying to cover first thing in the morning to minimize loss's. By now they now this thing won't be coming lower than the high 70s anytime soon. Then there are the ones that shorted in the 80s. I would be willing to bet a lot of them are not going to risk this thing finding support at 95 or 100 and will be cutting their loss's at the lowest possible price tomorrow. I'm sure some will even panic and cover to high. Those that shorted in the 90s are probably the only ones that can afford to risk holding for a dip. Then you have all the people that were waiting for a dip from the secondary to get in that know it's not going to happen so a lot of them will probably jump in tomorrow and my guess is that most of them will be longs. Don't get me wrong... I am sure there are some shorts that will make money off of this but I think the majority of them will be the ones shorting in the near future at the right time. After all... I think most of us, if not all, know this thing can't keep running forever! JMHO... From very inexperienced trader!!!
This thing will break $100 in pre-market from shorts trying to minimize loss's!
This thing is going to fly tomorrow. I'm a thinking shorts are screwed!!!
Actually I have no faith in Cramer or his circus act all though I am curious about how much his opinion affects a stock. I just can't stand anyone that hopes for failure so they can profit.
I'm guessing the profit taking is nothing like what they were hoping for at this point.
Really, that's the best you got? Were you born stupid or do you practice. Like I said before... I'm not in it nor do I plan to be. I just think shorts are the #$%$ of the market and you sound like a wannabe short leader. I'll keep an eye out for empty refrigerator box's so you have a place to sleep next week :)
Boy, you have got to be the biggest MORON I have seen on these boards yet!!! I'm not even in TSLA but god do I hope it keeps moving up just so MORONS like you lose every penny. Please do the planet a favor and insert muzzle in to your mouth and pull trigger!!!
It will be interesting to see where it go's tomorrow!