Member Info for Knownothin

Just for info for me. If it’s a highly shorted stock and the price goes up on the back of crude oil, doesn’t that make the share price steeper as short positions unwind?

Agreed
Looking like a very bright recovery play

There’s got to be an unwinding of the short positions sometime soon as oil prices rise. Good for pmo

Given its one of the most shorted shares and the increase in Brent crude I’m expecting big gains in the next couple of weeks

Thanks for that
I have seen my holding apparently going up - sometimes close to the 3x suggested but not always
I’m wondering if people are getting different results from different brokers. Am using ajbell and interactive investor not offering it. Does seem to be a good way to short Tesla but maybe liquidity a problem?

Strange the price falls when Tesla down Can anyone explain?