Just an FYI as I just looked at your Link RM The 20.26 Million short interest is as of August 15th 2013. That leaves 8 trading days since that this may have been considerably reduced.
TSLA is opening manufacturing plants in Europe to meet demand. They are beating other luxury brand in sales out in the West. And the biggest thing is they are turning a profit much sooner than expected. I'm not going to touch TSLA until they set their next earning to a WTF number. In the meantime, I'm ready for RM's next BSD call. Do it for the kids...
It's not like I'm getting all these fantastic ideas lately, and I just haven't bothered sharing them here. These last two months I've been ice cold, and I'd like to come up with a fresh journal-worthy market call more than anyone... it's just not happening for me lately.
Well, you have the end of summer, return of volatility, the Syria thing, and possibly the beginnings of another Asian contagion currency devaluation starting in India and spreading who knows where... Does that kick-start any macro ideas/scenarios ???
per my previous post... """"" true...it does still look strong....might even do something irrational and make a new high and then tank...seen that many times before....we will see in the coming weeks."""" This might be happening, making a new high and now drifting....would still like to know how many current shorts are outstanding....if its below 8million then this stock could pull back a lot..
RM, I'm thinking when Ackman gets out of his HLF short, it is probably a good play to short it because there is no incentive for all those BSDs to be in that stock any more. Someone will take their profits.
In the ideal scenario, HLF undergoes a massive squeeze all the way up to triple digit territory. Then it'll be a simple matter to invest in LEAP bear spreads, and wait for the inevitable drop back down to earth.