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Shorting Tesla

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  • ALBERTAFARMER4
    Senior Member
    • Oct 2010
    • 246

    #21
    Originally posted by AlbertaFarmer5 View Post
    They haven't lost anything if they haven't covered. As long as they can remain solvent for longer than the market remains irrational, then they won't lose anything. If you can forecast not only the direction and magnitude of market moves, but also the timing, then you will beat every trader/investor out there.
    Almost 12 billion now in less than 60 days. At how many billion do you admit you are wrong?

    Comment

    • Oliver88
      Senior Member
      • Dec 2012
      • 4688

      #22
      Originally posted by ALBERTAFARMER4 View Post
      Almost 12 billion now in less than 60 days. At how many billion do you admit you are wrong?
      If you have faith in Tesla shares you have an excellent buying opportunity now.
      They’ve lost over $300/share this week.

      Lots of discount prices available now.

      Comment

      • 15444
        Senior Member
        • Feb 2000
        • 2112

        #23
        Originally posted by Oliver88 View Post
        If you have faith in Tesla shares you have an excellent buying opportunity now.
        They’ve lost over $300/share this week.

        Lots of discount prices available now.

        I have faith in Kimberly-Clark and Vista Outdoor Inc. Two things people will always want and need.

        Comment

        • AlbertaFarmer5
          Senior Member
          • Oct 2010
          • 12557

          #24
          It is interesting that our resident fair weather Tesla fan didn't have much to say about TSLA stock this week.

          Comment

          • ALBERTAFARMER4
            Senior Member
            • Oct 2010
            • 246

            #25
            Originally posted by AlbertaFarmer5 View Post
            It is interesting that our resident fair weather Tesla fan didn't have much to say about TSLA stock this week.
            LOL! Keep it up, I could make a pile of money counter trading you.

            Comment

            • sumdumguy
              Senior Member
              • Mar 2007
              • 11998

              #26
              There’s a few Teslas in Regina. The owners congregate at the fueling stations like at Peavy and smile at each other. Oh the pride of ownership is alive and well. Makes me think I better go and price one out. 👎

              Comment

              • AlbertaFarmer5
                Senior Member
                • Oct 2010
                • 12557

                #27
                Originally posted by ALBERTAFARMER4 View Post
                LOL! Keep it up, I could make a pile of money counter trading you.

                Feel free to post your trades in real time, I'm always open to learning from a master.

                Personally, I wouldn't touch Tesla stock long or short. Being right in the end doesn't help make margin calls in the interim.

                But, as I was saying, you were no where to be seen while it was crashing, but showed up again posting a chart on a day when it is green.

                Glad you are making money on your TSLA stock, did you use this as a buying opportunity? Were you able to take advantage of the short side too?
                Last edited by AlbertaFarmer5; Mar 3, 2020, 15:06.

                Comment

                • AlbertaFarmer5
                  Senior Member
                  • Oct 2010
                  • 12557

                  #28
                  Even Musk himself says the stock is too high:

                  https://techcrunch.com/2020/05/01/tesla-shares-fall-on-elon-musk-stock-price-too-high-tweet/ https://techcrunch.com/2020/05/01/tesla-shares-fall-on-elon-musk-stock-price-too-high-tweet/

                  Comment

                  • ALBERTAFARMER4
                    Senior Member
                    • Oct 2010
                    • 246

                    #29
                    https://shop.tesla.com/product/tesla-short-shorts https://shop.tesla.com/product/tesla-short-shorts

                    Comment

                    • sumdumguy
                      Senior Member
                      • Mar 2007
                      • 11998

                      #30
                      $1371 today.

                      Comment

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