Elon Musk unveiled Tesla’s ‘short shorts’ priced at $69.420, which sold out within hours. This is a proverbial kick in the gut for Tesla’s short-sellers, who have lost a fortune trying to short Tesla. Short sellers like Stanphyl Capital are going to get crushed again, despite having convincing arguments about the flailing fundamentals of Tesla…
Category: Short-Sellers
Crypto, Short-Sellers, Tesla
Crypto, Short-Sellers, Tesla
Since the 2019 low, Tesla’s stock has rallied over 400%. Long-suffering short sellers recently managed to catch a lucky break amid the coronavirus-induced selling. TSLA is overwhelmingly the most shorted stock currently. Despite incurring massive losses due to Tesla’s (NASDAQ:TSLA) 2019-20 rally, short sellers are yet to give up. Their patience paid off somewhat during…
Crypto, Short-Sellers, Suddenly
Short-sellers in Apple ramped up activity in December compared to January. Apple’s dividend yield is now below other big stocks. The tech giant’s P/E ratio is also higher than its average over the last five years, making the stock relatively pricey. iPhone-maker Apple (NASDAQ:AAPL) may have closed the year as the Dow’s biggest gainer but…