I have shorted 50 shares of Tesla at 407.00, do i hold or Short more ?

[Overnight]

I'm just new with Schwab, i don't so. Can you tell me how to find out ?

Call them on the telephone and ask them.

 

[DevBru]

I read many people say Tesla will drop back to at least 200 ...even it will be 50 to 87$ stock

And there are just as many saying it will go back to where it was pre stock split in no time.

Nobody knows for sure, don't worry, trade the action up or down and let the predicting game over to the so called expert analysts.

 

[SunTrader]

Closed up today roughly +12.5% passing 50% retracement level of down move off ATH. Good luck with that if it takes out $447 Sept 2nd close, new ATH's to come.

 

[BMK]

I'm just new with Schwab, i don't so. Can you tell me how to find out ?

Schwab warns you, with a message that appears when you place an order to sell short, if the stock is hard-to-borrow.

Currently, Schwab does not identify TSLA as hard-to-borrow.

You can have a look right now, even after hours. Just start an order to sell short again. Don't submit the order. On the last screen, before you click "Place Order," there will be a list of "order messages."

BMK

 

[realtrades]

I'm just new with Schwab, i don't so. Can you tell me how to find out ?

The fee is negligible, at least on IB, it's only 0.25%, but the stock is @ $426 right now, you're down $950 at the moment, don't let that get out of control, swing shorts are dangerous, trust me, I've lost a ton, a ton, in today's market one person's overvalued is someone else's bargain.

 

[TradeTune]

Schwab warns you, with a message that appears when you place an order to sell short, if the stock is hard-to-borrow.

Currently, Schwab does not identify TSLA as hard-to-borrow.

You can have a look right now, even after hours. Just start an order to sell short again. Don't submit the order. On the last screen, before you click "Place Order," there will be a list of "order messages."

BMK

 

[BMK]

View attachment 239355

It says "If this security becomes hard-to-borrow in the future," so that means it is NOT currently hard-to-borrow.

BMK

 

[Pricechange]

Yes, like has been mentioned. Watch battery day. Then decide on a strategy.

 

[SanMiguel]

Good trade normally but the Robinhood crowd are probably buying the dips still.

 

[Tradex]

I know most short sellers, have Tesla shares at around $280 to $310 in July, where Tesla had $20 Billions or 7.5% of it's float shares been shorted, by many who thought Tesla was way overvalued.

Do you think Telsa will crash those who bet against, Or should we short even more shares ? Thanks

The stock is currently making higher highs and higher lows on the 1h chart, AND it has completed a typical ABC correction (pullback in an uptrend) on the 4h chart, AND a 3 white soldiers pattern (a powerful bullish pattern) has just been formed - on the 4h chart- so why on earth do you want to short it?