Shorts are loading up again

Screen Shot 2014-04-14 at 8.46.58 AMThe most famous shorts in history, the Oompa Loompas, warned against gluttony. But TSLA shorts are indeed gluttons for punishment. Short interest peaked last fall, to around 37% of total float, before the stock blasted off with a full load of short fuel. Today it’s half as much, but climbing fast. Just remember, Tesla has a foot in the rocket business. The stock sits boringly on the launching pad, loaded with short petrol, and then it’s blastoff time. So, short people, keep right on loading up. Actually, you could indeed profit short-term. Just be sure to have a quick exit route when the next countdown starts. Don’t wait until liftoff like last time.

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