1/ "My buddy who trades TSLA just blew out... I can't be sure of the loss but he blocked me on Twitter & insta, so it's gotta be bad. He was down $2MM on the year with the shares at $335 & I know he was short 100K there as well as thousands of naked calls (short)"
2/ "He was convinced it was a $75 stock. He was short from 260 and held it to the touch of 165 on something like 80K shares. Didn't cover. Forced to cover at 250 and then shorted (100K shares) again the day before earnings. Was shorting calls all the way to 350. .."
3/ "I haven't talked to him since it hit 350
He's trying to sublet his $40K/month Tribeca apt on the qt as the co-op board won't allow it."
This is why I claim some forms of shorting should be illegal!
It destroys lives & families & brings nothing good.
elitetrader.com/et/threads/tsl…
He's trying to sublet his $40K/month Tribeca apt on the qt as the co-op board won't allow it."
This is why I claim some forms of shorting should be illegal!
It destroys lives & families & brings nothing good.
elitetrader.com/et/threads/tsl…
