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Also, there was news out of china that electric car is subsidized by chinese government. This kind of got lost in all the news. Kandi has been doing well.
I wonder if this has something with yesterday sell-off. State battles yield mixed results. A federal approach might be next. - note the time of the article right at mid night. the sell off started in european trading and carried to US trading. The dealer is fighting what they think as survivor...
What i am thinking is today a lot of hot money probably exited. Some hot money got in to play the widely anticipated squeeze probably sold out today. Short probably piled in some but i doubt it would be a lot. If we gap down tomorrow, more hot money will exit causing short term pain. We need to...
next week should be interesting. the way stock trading last 4 5 days might actually encourage more shorting. monday went up probably from car price increase. tue and wed were bad. earning helped wed but selling off into close, and today again selling off into close. it doesnt look like short...
normally the big short fund would actually borrow from the institution holder so not sure how much of the truth to no share to short. one thing we could do is putting an gtc sell limit order at 300 to prevent your share from being borrow by the short seller if your account is margin account.