woodisgood
Optimustic Pessimist
What if it's all a game of chicken. If investors know the plan is that "they" will short it hard (based on media signals or smoke rings), then they might wait for the better entry price. But now the shorts see the Tesla momentum, upgrades, and also don't want to get caught flat footed with some FSD release right when they're floating it down hard, fearing they could get another Gamestop type response. So the safest place is $650, waiting for someone to flinch. (Who knows...)
I think sometimes we like to believe retail volume matters, but the truth is it usually doesn’t (except for GME/AMC situations). Retail matters by buying and holding strongly, so that WHEN there is significant buying volume, the availability of shares is low and the price increases rapidly.
The buying volume that makes the share price increase can only come from funds and banks, and large shorts covering (also funds and banks). This is what @StarFoxisDown! is saying - there’s no buying interest from the whales, and that seems fishy.
Possibilities:
1) Advance knowledge that discounts will be available soon, i.e. an anticipated or planned market crash.
2) TSLA rise over the next few years is so obvious the whales are accumulating calls/LEAPs instead of shares. In that case the price will not rise until those are delta-hedged.
3) FF interests paying whales more to stay out of the stock than the stock would return. They have billions to burn on the Tesla problem, and every day of delay gets them billions more. Why would this not be one of many avenues to spend on?
Last edited: