TeslaLong
HALLOWEEN IS NOT OVER FOR TESLA SHORTS BEWARE.....
For those shorting Tesla please do so!
Andrew D Baglino exercised options to purchase 1,000 Tesla shares at a price of $51.64 per share for a total of $51,640 on October 27.
In legal terms, an "insider" refers to any shareholder who owns at least 10% of a company. This can include executives in the c-suite and large hedge funds. These insiders are required to let the public know of their transactions via a Form 4 filing, which must be filed within two business days of the transaction.
When a company insider makes a new purchase, that is an indication that they expect the stock to rise.
SkyBridge Capital's Anthony Scaramucci issued a warning to Tesla short sellers after driving a Tesla vehicle for the first time over the weekend.
"I would get out of the way of Elon Musk if I were you," Scaramucci said Monday on CNBC's "Squawk Box."
"I drove the Tesla last night. Just a big heads up to every short. First time in a Tesla, the car is a spaceship," Scaramucci said. "You don't want to get in the way of a spaceship that's moving silently on the road. I would just point that out to the shorts."
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