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Is it possible that big shorts did not realize how many shares were out there? Is it possible this report causes them to cover? I mean the fee rate is not much changed at least at IB from one report to the next so this is a sign that someone lent out a lot more shares. This could easily be a holder attracted by high interest rates. At the same time they might ask for the shares back at the worst possible time. Like when the share price is at an ATH and a good piece of news comes out. Anyway this is just speculation on my part I have no knowledge on what may or may not be going on but the share price is at $212.50 in the premarket.
oilAny ideas as to why we spiked to 212 and are now in freefall?
We spiked to 213. "Freefall" is your assessment... not mine. TSLA has well-known volatility and could easily be back to 213 by end of day.
I was thinking of Andrew Left, from Citron.
He must be feeling nervous...
The volume isn't that low. We've gone through a third of the day average in less than 90 min.Isn't today's action a pump on open and dump? Low volume..
The volume isn't that low. We've gone through a third of the day average in less than 90 min.
It seems we're just trading with the NASDAQ.
The Nasdaq is barely down. This smells bad, I think bears are on the attack
Tracking oil. It's pretty simple.
Tracking oil. It's pretty simple.
Yes now i understand what the market is saying one MS90DL would require two ferrari 458s to carry four people at a ludicrous speed, and since oil & hence gas is cheaper today, that cost margin is narrowed significantly...