This post was just published on ZYX Short Sell Change Alert.
Tesla (TSLA) to sell up to $5 billion in stock under an equity distribution agreement. This means that TSLA will be able to sell shares from time to time.
It is still worth repeating that it is suitable only for super aggressive investors. and it is important to keep the size small in line with your personal preference.
Recommended position size to short sell Tesla now is 5 – 20% of full core position size. The new short zone is $508 to $536. The stock can trade in a very wide range. The new mental stop zone is $556 to $567. The target zone is not determinable at this time
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