Tesla - A case of tail wagging the dog
With Tesla Motors down more than 16% today is it a classical case of tail wagging the dog. Where do monkeys here see the stock heading in short term period (Q3). Possibly shorting to below $5. Where can I get QI option play for TSLA and their positions? Maybe use it for possible hedging position with F, USO? Discuss
I don't know, stock ran up, had a great initial day or two and now has sold off a little. Sounds like typical market exuberance.
It's got a 16 handle now and the VWAP on the first full day of trading was in the 27 range. Perhaps VG2 would have been a better ticker.
Wrote about this last week, we need to start modeling for Divorce Volatility.
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