TSLA Short Squeeze
January 5th, 2021
Nov 30th $TSLA traded at $567/share.
Here is the most recent from Short Squeeze which is updated to ~Dec 15. Note Short Decreased position by 3%. Share price was $633.25.
In that time, TSLA short value went from $26.4B to $28.6B.
To project for Jan 01, we have stock price going from $633.25 ~Dec 15 to $727.77 Jan 04.
If TSLA short decreased position by 3% the graphs would extrapolate as a down trend on the left and on the right the short value would increase to $31.9B.
If shorts want to keep their $28.6B loss consistent, they will need to trim position from 45.2M shares to 39.29M. Dump 14%, not just the 3% like last month.
The margin calls are coming. The margin calls are coming.
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ABOUT THE AUTHOR:Mediocre Developer always striving to be better. Learn from others' mistakes, learn by doing, fail fast, maximize productivity, and really think hard about good defaults. Computer developers have the power to add an entire infinite dimension with a single Int (or maybe BigInt). The least we can do with that power is be creative.
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