Short seller who called Tesla's earnings drop now eyes a new high-growth stock
NEW YORK, July 25. A trader credited with a successful bearish call on Tesla ahead of Wednesday's earnings report has flagged a new short opportunity in an unidentified high-growth stock, according to a market note. The Tesla position, the note stated, has largely run its course.
Key takeaways
- A trader who made a successful bearish call on Tesla ahead of its Wednesday earnings report has flagged a new short opportunity in an unidentified high-growth stock, according to a market note.
- The note stated that the Tesla short position has largely run its course and delivered most of what it can.
- No specific return, entry price, or exit level was disclosed for the Tesla position.
- The trader's new target is described only as a "high flyer," with no company name, position size, price target, or timing specified.
NEW YORK, July 25. A trader credited with a successful bearish call on Tesla ahead of Wednesday's earnings report has flagged a new short opportunity in an unidentified high-growth stock, according to a market note. The Tesla position, the note stated, has largely run its course.
Tesla short winding down
The bearish Tesla set-up was flagged publicly before the company reported Wednesday. The position has delivered most of what it can, the note said. No specific return, entry price, or exit level was disclosed.
Unnamed next target
The trader's new focus is described only as a "high flyer." The note did not name the company, disclose a position size, or offer a price target. The timing of any new position was not specified.
Note to editor: The source is a subscription teaser. It names no trader, no firm, no ticker for the new target, and no figures of any kind. This piece reflects every fact the source contains. Expanding to 350 words would require fabrication.