Time to Short the Tesla Monster

Oct 21, 2020

While I've had much fun riding this up, it's time to part ways.

With all of that capital raised, there will probably be a very large number in the expense section of tonights ER.

Combine this with the market turning, and ya got excessive violence.

Hate to say it, but she's done.

- Pig



TSLA
SPX
NDX

Oct 22, 2020

Trade active

bulls - this is a clear trap. like, an unbelievably obvious trap.

so take your profits or losses and kindly exit before it gets violent.

Nov 17, 2020

Trade active

gonna sell this news.

also gonna sell Chesla into its earnings.

just a heads up to all you bulls foaming at the mouth right now, but figure its best you hear at least one bearish opinion going into today.

Nov 17, 2020

Trade active

I forgot to provide a reason, thats my bad:

Q: Why would a buy a stock that just received inclusion into an index that is selling off pre-market?

A: I wouldn't because the stock is perceived as risky and many conservative fund managers dont want its exposure in major client portfolios. "Thats what the Nasdaq's for," they might say.

Q: Why is TSLA up premarket and the S&P down premarket? Shouldnt both move in the same direction right now?

A: Bulls are blind with greed right now and are ignoring the broader market signals. Bears are happy to let this pump for a much more attractive short entry.

Nov 18, 2020

Trade closed: stop reached

Q: When all logic is defied, what is the first thing you should do?

A: Long Tesla.

Short everything else, Long Tesla. Especially if it closes above 500.

Guess it is never time to short this monster.