Musk is a very skilled stock price manipulator. He often lures retail to short and then moves the price violently up to force liquidations of shorts - moving the stock price even higher.
He’s also done this enough times now that it has scared off many people who would otherwise logically short the stock - effectively removing a natural downward corrective force.
Musk is a very skilled stock price manipulator. He often lures retail to short and then moves the price violently up to force liquidations of shorts - moving the stock price even higher.
He’s also done this enough times now that it has scared off many people who would otherwise logically short the stock - effectively removing a natural downward corrective force.
Yup. And nobody will touch it until it’s super obvious. As obvious as summer has ended and autumn will start in a month.