| Hey Trader, Tesla (TSLA) has been a popular target of short-sellers for years.
CEO Elon Musk has made no apologies about his distaste for those betting against him. In fact, he’s openly mocked them on Twitter, even referring to the SEC as the “Shortseller Enrichment Commission.” … And it seems that Elon will have the last laugh. As of last week, the value of Tesla stock sold short was $19.95 billion. In fact, it’s poised to be the first stock to ever reach the $20 billion short interest threshold. According to analysts, Tesla shorts have lost over $18 billion and counting on their bet against Tesla, and almost half those losses happened in June and the first week of July. But Tesla stock keeps rising. It’s up another 50% just last week. What we are witnessing is, in fact, the biggest short squeeze of all time. Now you may have never heard the term “short squeeze” before… Allow me to explain…
Earnings Season Got You Stressed? Ease Your Anxiety With This Proven Strategy… We’re moving into yet another earnings season, and given the estimated second-quarter slump plus the faster-than-anticipated economic reopenings… There’s just no telling what might happen. Analysts are all over the place, projecting some companies to handily beat their lowered earnings expectations while seeing others as still struggling to recover. But no matter how it shakes out, there’s one core group of investors who have historically jumped into the right stocks just before a BIG earnings beat… And cashed in while other traders got crushed. Now I’ve actually put together an on-demand training video that shows you exactly who these savvy traders are… And how you can find out which companies they’re betting to beat earnings this quarter. Click right here to access this free training now… And make the most of this earnings season! All The Best,
Ross Givens
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| Market Traders Daily |
| Disclaimer: Futures, forex, stock, and options trading are not appropriate for all traders. There is a substantial risk of loss associated with trading these markets. Losses can and will occur. No system or methodology has ever been developed that can ensure returns or against losses. No representation or implication is being made that using any of these methodologies or systems will generate returns or ensure against losses. |
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