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What caused TSLA stock to go up/down today?

Hoping this thread might pick up steam as TSLA stock goes through some amazing intra-day and open/closing swings due to the large short interest (I'm assuming).

For instance: Yesterday the stock dipped really low at closing so I bought. Today it jumped back up and I sold for a healthy profit.

Why did the stock dip yesterday and then rise so much today? I didn't see any news that would justify it.

@Jamon - You missed one little detail. I got back into Microsoft a couple years later. Microsoft was very good to me. Those extra shares from a those splits would have made a big difference in my world. I learned to love those splits!

New short interest report is out:
http://www.nasdaq.com/symbol/tsla/short-interest

It didn't decline as much as I thought it would during that period. Days to cover increased because average volumes were down while everyone was in the "wait and see who flinches first" mode.

We did wipe out lots of shorts in the past couple weeks but newbies that don't understand Tesla at all stepped up to the plate.

@Cap you didn't mention that detail in your original post. I feel better now! You'll have to let us know when TSLA surpasses your success with MSFT :)

ahhhhhh... anyone else temped to double down on 184? It's looking pretty tempting to me right now...

Cap. I am old enough to know what LSMFT means, not sure about the other.

Microsoft. Zap


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