Mind you the shorts don't always get it right - are we looking at MSB creating a Biotech TESLA moment ? lol
Shorts always seem to be ahead of the game from my experience and they usually manage to exit but as with TESLA there are exceptions .... It would appear they took a big bet that ODAC would go pear shaped and MSB would sink like a stone - oh dear
https://electrek.co/2020/07/10/tesla-tsla-short-bet-bloodbath/
To be fair, the unprecedented value of the short position is not due to increase interest in shorting Tesla, but because the value per share has also skyrocketed — closing at $1,394 TSLA per share.
The TSLA share price is $1,887 today ... a further increase of $500 per share since this article ... LMAO
Tesla Inc
NASDAQ: TSLA
1,887.09 USD +51.45 (2.80%)
Closed: 18 Aug, 7:59 pm GMT-4 · Disclaimer
After hours 1,895.00 +7.91 (0.42%)
MSB Trading 2020 - a new dawn, page-1211
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Last
98.0¢ |
Change
-0.010(1.01%) |
Mkt cap ! $1.118B | |||
| Open | High | Low | Value | Volume |
| 99.5¢ | $1.02 | 97.0¢ | $2.821M | 2.832M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 20688 | 97.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 99.0¢ | 35000 | 3 |
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| Last trade - 16.10pm 15/08/2024 (20 minute delay) ? |
| MSB (ASX) Chart |