Being short does not mean that they are being on Tesla's failure. They are betting that the stock will go down from where it is.
I don't short stocks, because the potential loss on a short is infinite. But if you look at the stock price, you'll see that the current price is extremely high based on any traditional valuation. But it always has been - that's how the stock gas been behaving up to now. Sent from my iPhone > On Oct 9, 2017, at 6:43 AM, Robert Bruninga via EV <[email protected]> wrote: > > I finally bought some Tesla stock. THe only stock I own. > > I just wanted to contribute to his vision independent of whether it made > any money or not. But our "finincial advisor" said she could not process > the order becaue she and her company is bound by the fiduciary rule from > letting me do anything that is not in my best interest! SHe said that her > company consideres Tesla as over priced by at east a factor of two and not > viable. > > OK, now what? So she established another account that was not bound by the > feduciary rule and I bought a few shares. > > THen an article this weekend lends light and opened my eyes. FUlly 27% or > almost one thrid of Tesla investors are short, meaning all their stock is > BETTING on Tesla's FAILURE. So of course, when ever they comment on Tesla > they bash it, and try to scare other investors away, because every time the > stock goes up, they lose millions. > > https://cleantechnica.com/2017/10/08/epic-battle-happening-musk-tesla-haters/ > > Screw em! Go Tesla Go! > > Bob > -------------- next part -------------- > An HTML attachment was scrubbed... > URL: > <http://lists.evdl.org/private.cgi/ev-evdl.org/attachments/20171009/09a9a56b/attachment.html> > _______________________________________________ > UNSUBSCRIBE: http://www.evdl.org/help/index.html#usub > http://lists.evdl.org/listinfo.cgi/ev-evdl.org > Please discuss EV drag racing at NEDRA (http://groups.yahoo.com/group/NEDRA) > _______________________________________________ UNSUBSCRIBE: http://www.evdl.org/help/index.html#usub http://lists.evdl.org/listinfo.cgi/ev-evdl.org Please discuss EV drag racing at NEDRA (http://groups.yahoo.com/group/NEDRA)
