Elon has battled shorts for almost a decade. We all remember when he complained that shorting should be illegal, and when he released “short shorts” when he finally defeated them.
But guess who used to brag about shorting Tesla? Gabe 🌈🐻 Plotkin.
Plotkin described Melvin as “a very human-intensive place. We have a lot of analysts, we require a lot out of them.” The team has modeled more than 500 companies in “significant detail,” while a data science group reads into trends. He added that the firm has an “intense focus” on the short side, with about 70% of profits in Melvin’s first year coming from bearish bets. Plotkin expressed skepticism about mall real estate investment trusts, as well as electric-car maker Tesla Inc.
$GME to the 🌚, then profits back to a safe store of value: $TSLA.
UPDATE: better source showing Melvin Capital’s puts on TSLA from 2016 through 2020
UPDATE 2: stop giving me silver awards your cheap bastards. Platinum or GTFU.
UPDATE 3: positions or ban. . You can check out my post history for all my plays to see how I over 10X my $500K from a year ago.
Update 4: hi r/all, for those of you wondering what in the hell is going on with Gamestock, this comment sums it up nicely.
In the battle of the hair transplants vs non-transplants, the Bloomberg Billionaires Index shows Elon ($175b net worth) about to overtake Bezos ($186b net worth) as the king of the tres commas club.
Buffett all the way back at $86.6b (time to BTFD on Buffett??)
Jack Ma at $50.1b, although much of that will probably be spent on his funeral when 🍯 🐻 finally announces his death.
Time for WSB to pump that price up - just need one “stock price is too high” tweet from Elon, a capital raise to dilute the shares and perhaps another split so we can hit $420 once again and he will be the richest man on this planet.
Perhaps after he becomes the richest person alive, he can finally concentrate on helping Tesla become more profitable than a kids lemonade stand.
TLDR: buy calls
Edit: thanks for the free awards. Glad to see people are learning from Papa Musk and being frugal. Don’t waste your money on Reddit coins - spend it on TSLA 850c 2/1 calls
Edit 2: thanks to the 🌈 mod who gave me the Brother Cramer award. On a separate matter - does anyone know how to wash off all this 🌈 and glitter? Mods left ✨ on their award and it’s gotten everywhere