Was just thinking about that little ditty Elon tweeted yesterday.
The one with the "hard luck band" asking who wears short shorts.
So with all the recent articles and discussion about Elon vs the Shorts, we know that Elon did not tweet this as a reference to summer clothing, or cute legs, right?
Over the course of the last weeks' discussion, one thing seems pretty clear: the hedge funds and others shorting TSLA have continued to keep the level of short interest very high, no matter how much has been lost in the short term for their cause.
Apparently large, significant shorts are not short of cash, or determination; they are also not short of timed, coordinated FUD support in the media; and are certainly not short of expertise on how to keep their positions rolling and capitalize on any moment of "market weakness."
So what would make these shorts short? What would they be short of?
Shares, that's all.
Gonna be short on shares to cover, and with that, they are probably gonna start feeling short on time, too.
Going to be very hard to wait for the next correction.
Is this why Elon has been buying shares? (As have all the current longs who can find dry powder)
When the demand for shares pops enough and FOMO takes hold, it will turn into something like a game of musical "shares."
Someone gets left out .... margin called (when the music stops.)
So to the question in the Royal Teens' tune "who wears short shorts?"
Elon's answer seems to be:
We (TSLA shareholders) "wear" short shorts!
Just my humble opinion, not an expert.
I do think I'm going to like wearing short shorts, I think they are very cool!
Hold tight, if you can. Don't sell during launch.
(not advice)
