What if the shorting activity is somewhat based on a bug in the trading analysis engines out there. Think about it, an algorithm is only as good as the model it is based on.
Tesla is an anomaly. The level of short interest. An upstart in a mature heavily understood market. As a result algorithms indicate opportunities to make a killing after a run up. Remember 30s? 50s pull back? 80s/90s? And maybe now.
Clearly a new equilibrium must be found, but I wonder if il-fitting predictive models have played a role...
Tesla is an anomaly. The level of short interest. An upstart in a mature heavily understood market. As a result algorithms indicate opportunities to make a killing after a run up. Remember 30s? 50s pull back? 80s/90s? And maybe now.
Clearly a new equilibrium must be found, but I wonder if il-fitting predictive models have played a role...