Why TSLA Is A Short On Monday
Probably the easiest money in the history of Wall Street was buying TSLA when it was announced it would be added to the S&P 500. I am sure the reason it is up such a large percentage since the announcement is that every hedge fund and large investors like Softbank, bought knowing they would be getting to sell later to index funds etc. who have to add TSLA to their portfolios. Comes Monday when the addition takes place(not sure if it is effective at the opening or the close of Monday’s session) I would be selling TSLA short at the end of the Monday session. It will definitely be headed to 425 at a minimum. I don’t know how quickly it will get there but it will and that is just the first stop on what could be a long drawn out slide over probably many years.