kimkoh OP t1_j6ldftd wrote on January 31, 2023 at 3:30 AM

Reply to comment by SateliteDicPic in Let Chanos feel the pain too. by kimkoh

Wonder what’s the pain point to force the shorts to cover? $185 or $220

stockrot t1_j6mmf68 wrote on January 31, 2023 at 12:16 PM

Depends on where shorted it and how you shorted it .

kimkoh OP t1_j6naup4 wrote on January 31, 2023 at 3:30 PM

Agree.

ChampionshipLow8541 t1_j6meu8f wrote on January 31, 2023 at 10:44 AM

What makes you think it’s one specific point?

kimkoh OP t1_j6nazwx wrote on January 31, 2023 at 3:31 PM

None. I’m not sure. Guessing what will cause the pain to start and snowball the short covering.

ChampionshipLow8541 t1_j6no5jd wrote on January 31, 2023 at 4:53 PM

It’s a continuum, just like people’s buy-in prices. And it depends on how much ability you have to wait it out (and they have A LOT). The only thing that would cause a panic imho is if the whole market started a strong and sustained recovery, and they‘d feel that Tesla would be washed up with it, even if the performance started to deteriorate. And it will deteriorate. But if the weak market continues for one or two more quarters, bad news about Tesla will eventually come out and there will be no general momentum to stop the drop.