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Next Shorting Opportunity For Tesla

Published 11/19/2013, 02:31 PM
Updated 07/09/2023, 06:31 AM

After I boldly posted my Tesla Top screed, which flew in the face of every analyst on the planet, Tesla has been falling to pieces. Tesla, as I predicted, has become a short-selling paradise. This morning, however, in a classic example of the “news” being priced in before it was even out, the Feds announced they were opening a probe into all those inconvenient fires that Tesla sedans keep having. The stock actually went higher.

I believe this will simply provide another opportunity for shorting. I think it’ll poop out in the lower 130s and then resume its slide. Who knows…….maybe this stock could re-enter the double digits within the next few months.

Tesla

Latest comments

Lol. Double digits. Hope you enjoy covering at $300.
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