Thursday, August 8, 2013

Tesla: Let's Go to the Charts (TSLA)

The stock closed at $153.48 up $19.25.
In yesterday's second TSLA post, "Tesla Earnings: Elon Musk Achieves Lift-off (TSLA)" I mentioned:
...For the first time since the IPO I may be able to overcome my short aversion.
Now the problem is borrowing shares about which I am told, Good luck finding any stock.

From Slope of Hope:
This stock has gone from pretty-much-unknown to something everyone is talking about. It’s only been public three years, but it is up seven-fold. I offer below a very simple chart to illustrate how astonishing its rise has been, particularly over the past six months. Zowie.
0808-TSLA