[QUOTE=alokdhir;866879]I'm thinking more of the mammoth shorting situation with TSLA a year or so ago.
Agreed little similarity between the companies: then, TSLA struggled to make a profit, was running out of cash, and had Elon sticking his foot in his mouth every other tweet. Then, Bingo! A short squeeze to end all short squeezes (plus a wealth of true believers) has the company valued more than the seven other biggest auto-makers combined. TSLA still barely makes a profit (I don't know where you get the "great numbers" from) but now has a wealth of cash to buy its way out of trouble.
OK, there were other factors at play at the time (as always): covid stimulus, commission-free trading, bored millennials in lockdown, eg RobinHooders, Space-X, etc, but it was no coincidence that TSLA was hugely shorted - right up to the point when the shorting lid blew off.
So, I agree that there's little similarity between ATM (very profitable, but with a couple of recent guidance adjustments) and the TSLA of 1-2 years ago (had never met its guidance, or even turned a profit), beyond the obvious shorting pressure. And the same possible outcome...
:t_up: