I will just point out the biggest flaw in that post with you're thinking and numbers. The difference that this stock has moved from earnings is just under 10%.
My quick number crunch for you: Close: $273.51 HOD / AH: $282.44 LOD / Current INT: $256.28 Swing adjustment: $26.16 Exact Movement: 9.56454%
It was a no brainer to short this after earnings with the over inflated pop up. Do you remember when this took off when Wheeler became the CFO? His departure is horrific for this company. Losses are adding up in Q's and it doesn't help they have a sinking ship to keep afloat now. The fact that the issue of raising capital has been floating around lately is a dark cloud hovering as well. Don't believe everything you read about why he is departing, can't say much more than that.
Just wanting you to think outside the box a bit. It's not always smart to jump on the band wagon when everyone touts to get on board when if you really take a look with your own eyes and not what everyone else is pointing to you can see that this was a prime short position yesterday into today.
And all the major gaps are now filled that where created on the move up......A very small, small one between approx. $239.83and $240 plus a little bit, that may or may not get filled.
HOWEVER,
Now a huge gap on the move downward between approx. $272.52 and $264.91 will eventually get filled on the next move upward, this with plenty of catalysts forthcoming to aid another Tesla move to and beyond the big $300 in the relatively near future.
ALMOST MONEY IN THE BANK
Model 3 on Track as Tesla Posts Narrower Quarterly Loss
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