InvestorsHub Logo
Followers 0
Posts 1618
Boards Moderated 0
Alias Born 10/16/2017

Re: None

Wednesday, 07/04/2018 4:09:35 PM

Wednesday, July 04, 2018 4:09:35 PM

Post# of 226100
Go andi

Short squeezes occur due to unexpected events. Tesla, for example, several years ago revealed a great quarter when most investors thought the company would fail. Elon Musk in fact warned shorts, saying “There’s a tsunami of hurt for those holding a short position. It’s going to be very unpleasant. I advise people to exit while there is still time”. Many shorts obviously should have heeded Musk’s advice. Tesla is now multiples higher than it was back then.