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The continuous 70 million TSLA short

Discussion in 'TSLA Investor Discussions' started by Gtoffo, May 7, 2015.

  1. Gtoffo

    Gtoffo Member

    Joined:
    May 17, 2013
    Messages:
    528
    Location:
    Milan, Italy
    I've been following the amount of shares available for short at Interactive Brokers through this link: View Shortable Stocks

    The amount oscillates rather frequently between 400k and 100k shares.

    This is most probably due to IB system's accuracy. But could it be something else? I've seen the value go under 100k only twice (it got to about 50k shares after the day after the stationary storage event and this morning after ER).

    What is this about? Is someone using those shares to manipulate the market? 300k shares is a lot of money...how can it oscillate so frequently during the day? Big players must be involved. Any ideas?
     
  2. daniel Ox9EFD

    daniel Ox9EFD Member

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    Israel
    TSLA is great for short term investors. It's a wild roller coaster. This is the wall street equivalent of high stakes poker. Even some moderately bad news like poor sales in China, or some image of a car on fire is enough to send it tanking.

    On the flip side this makes being a long term investor that much harder, too much noise in the system. These forums are a good way go get some signal in that noise.
     
  3. Gtoffo

    Gtoffo Member

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    Location:
    Milan, Italy
    #3 Gtoffo, May 8, 2015
    Last edited: May 8, 2015
    Current shares available pre-market:

    Symbol: TSLA
    Availability: 70'000

    Availability at previous close 400k. Tesla is down 1%.

    EDIT 15 min later:
    Symbol: TSLA
    Availability: 400'000
    And we are still down by almost 1% pre market.

    EDIT 18 min later:
    Symbol: TSLA
    Availability: 75'000

    EDIT 20 min later:
    Symbol: TSLA
    Availability: 400'000
    What is this!? -0,68%

    EDIT 24 min later:
    Symbol: TSLA
    Availability: 75'000
    -0,74%

    EDIT 25 min later:
    Symbol: TSLA
    Availability: 400'000

    FINAL EDIT:
    Sorry, you have exceeded the number of inquires for today.
    :p
    Pre market volume 91,597. Down 0,76%
     
  4. Gtoffo

    Gtoffo Member

    Joined:
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    Location:
    Milan, Italy
    After Close 8 May
    Symbol: TSLA
    Availability: 250'000
     
  5. wycolo

    wycolo Active Member

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    2,421
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    WY
    Sorry, but no one (else) can play shorts with MY shares. :smile:
    --
     
  6. Gtoffo

    Gtoffo Member

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    Location:
    Milan, Italy
    I've found a more reliable source of information. I should be able to get more precise numbers and additional data regarding IB shorts. Will post updates monday.
     

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