agip wrote:
Tesla is at all time highs, more than a double in 7 months.
was the most shorted company on the stock exchange at its lows.
the careers lost, the years wrecked on that one.
how would you like to be a long/short portfolio manager short $5 million of TSLA, and facing the holidays. Going to sleep every night knowing that you have ridden this thing from $185 to $400 and not sold and regretted every single day you held on to that short.
And you know that there is a good chance the squeeze will go on and on, because your hedgie pals are in the same situation and playing chicken with each other - who to cover first or who has the courage of his convictions to hang in there, hoping the squeeze will end soon.
meanwhile the dumb beta funds are up 25% and you are up 7% on the year, worse than bonds, betting on oil and value stocks. Because value.