TSLA Short SqueezeJanuary 5th, 2021
Nov 30th $TSLA traded at $567/share.
Here is the most recent from Short Squeeze which is updated to ~Dec 15. Note Short Decreased position by 3%. Share price was $633.25.
In that time, TSLA short value went from $26.4B to $28.6B.
To project for Jan 01, we have stock price going from $633.25 ~Dec 15 to $727.77 Jan 04.
If TSLA short decreased position by 3% the graphs would extrapolate as a down trend on the left and on the right the short value would increase to $31.9B.
If shorts want to keep their $28.6B loss consistent, they will need to trim position from 45.2M shares to 39.29M. Dump 14%, not just the 3% like last month.
The margin calls are coming. The margin calls are coming.
I am TSLA Long. Model 3 Owner. Brother of a Model 3 owner. Son of a Model S owner. I have reservations for Slate Roof and Cybertruck. I am a Tesla speculator and fanboy. I am not a financial advisor. Investing in anything comes with inherent risk.
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The following YouTubers help support my TSLA long bias through stock price volatility. +Great insights.
- Tesla Daily Podcast
- The Limiting Factor
- Now You Know
- Dave Lee on Investing
- Financial Education
- EV Stock Channel