Tesla Inc (TSLA)

[boston745]

Id close out a short position before Jan if I had one. Right now tutes are tax loss harvesting. Jan almost always begins a bull run even if short lived.

Tsla is a heavily manipulated asset. You can guarantee tax-loss harvesting is happening. So id be weary of a Jan Bull run coupled with a short squeeze especially as Tesla stories play possum. All part of the manipulation game played here. Doesnt matter how many lives are destroyed by Teslas.

In addition, the fact that tax-loss selling often occurs in November and December means the most attractive securities for tax-loss selling are investments that are likely to generate strong capital gains early in the next year.

The January Effect is a perceived seasonal increase in stock prices during the month of January. Analysts generally attribute this rally to an increase in buying, which follows the drop in price that typically happens in December when investors, engaging in tax-loss harvesting to offset realized capital gains, prompt a sell-off.