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mazdaki

TSLA as expected the PS ratio is expected to head to 6.

Short
Tesla (NASDAQ:TSLA)  
mazdaki Updated   
NASDAQ:TSLA   Tesla
6
0
Per previous posts, the close of the short is set at about $240. Today's price sits at PS of 7.5. Therefore, the close of the short position wis set slightly higher than the calculate PS ratio of 6 (i.e. $295.5*6/7.5= $236.40)
Comment:
still short now at company is valued at ~9 x sales
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