Remember the link recently that predicted Tesla shorts are about to unleash lots of negative press to make money? That's part of that.
It all reminds me of my pal Adam Feuerstein who is a pharma analyst. There are hoards of people online who accuse him of being a puppet of the short side but all he does is publish true facts about drug trials. Just telling the truth is more than enough to be labeled a short shill by the people who are themselves very invested in the pump and dump.
That sounds extremely uncomfortable.
It’s spelled: Reddit
Tesla has a lot of assets and a bunch of people who committed cash to pledge that they would hand Tesla more cash, so it is a really profitable buyout target.
A lot of the longs are basically thinking "Where else better would I park my money?" and coming up with "Nowhere."