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A comment on Tesla races past $100B in market valuation. Parent comment

Re:Tesla races past $100B in market valuation by ethbro on Wednesday January 22, 2020 @12:20PM (#22119625)
I figured it was another short squeeze. Probably coupled with automated trading.

Observed short interest over total outstanding seems like the kind of thing an algorithm could target, as it makes the stock more sensitive to moves, no?

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Re:Tesla races past $100B in market valuation by cdiamand on Wednesday January 22, 2020 @12:41PM (#22119909)
I'm sure algos key off metrics like the amount shorted as a percentage of float. I can't know their algo but I'd imagine they like to see the specs jumping in before they start buying.

Tesla is a battle of narratives and WSB are the specs looking to start or jump on a stock meme.

~10% of the chatter around TSLA in last 24 hours has the word "short" in it :)

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