What ever happened to Elon for pumping his stock causing it to enter the S&P500 and causing index funds to buy? That sucks because now I own lots of meme stock.
Also, don't short sellers literally do what is described in the article?
Also, don't short sellers literally do what is described in the article?
> To maximize the impact of Citron’s commentary on the price of a Targeted Security, defendant LEFT bolstered Citron’s credibility through false and misleading statements about its research staff, process, independence, external investors, and economic incentives.
All the indexes publish what the index is comprised of, I bet if you told ${AI} all your positions it would go figure out what your net $TSLA position is.
I think $TSLA valuation is insane, but I've seen what happens to people who short it...
For one, it has large borrowing costs. You already admit that short sellers haven’t fared well, and shorting over a long time period can be very costly. Concocting a short position to offset one’s long-term index holdings requires being fairly accurate with timing and is very different than just wishing it wasn’t in there because you imagine that eventually the bill on that will come due, even if it’s years down the line.
If I’m wrong, I’d love to see a cheap way to do it over a 5-10 year period.