ABANDON SHIP! Shorts are getting out of TSLA

garsh

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#2
Number of TSLA shares shorted continues to slowly decline since late October.
It looks like the shorts are probably going to be able to exit without being squeezed.
A (big) part of me wants to see them suffer a squeeze, but I'm happy that more of them continue to see the error of their ways.

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garsh

Dis Member
Moderator
TOO Supporting Member
Joined
Apr 4, 2016
Messages
11,022
Location
Pittsburgh PA
Tesla Owner
Model 3
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Country
#3
The shorts are continuing to slowly reduce exposure.

I think they may have given up on having the stock drop below 300. The goal now would seem to be to continue manufacturing negative news to help keep the stock price from rising as they buy up more shares to cover their short positions.

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13004

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#5
Title needs to be changed as it is just too easy to see this blowing down clear through $200 with all of the insane dysfunctionality going on over the last couple of years along with childish behavior. As TRP, FMR and B&G continue to bail, it will be bloodbath faster than you can say “pick-up truck reveal”.