ShortSlaver
Member
Cramer still hasn't flat out issued a buy recommendation on the stock, but came very close this morning. I wouldn't be surprised if he soon announces that he has bought both the car and the stock.
It's been hanging in there. I can see why someone wouldn't say to buy a stock when it fell from $115 to $88 in a week - nearly a 24% drop. It's dangerous. However, it has seemed to find some support and is beating the bearish technicals so I can see him changing his mind sooner than later too.
However, TSLA has cracked $100 a few times lately only to regress back to the mid to low $90's. So, we'll see if the pattern continues or if we see higher ground.