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The time to short was when the short selling analysists made their short position. Before they came out with their blog or news. That would have been at $35 or so. Then they drove it down to the current $13 and what do you want to be they cashed their short at this point? To me it seems like a bad bet to short now at $13 as best case it goes to $5 and you make what? 60ish%? to make 60% the other way it only has to go back to $21. If it goes back to $35 you get a 260% return which it's impossible to do better than 100% on a short.
Why it went up 1000% was speculation, but that's also why Tesla is more valuable than Toyota, GM, and Ford combined. Certainly not tied to current sales, but what's possible in the future. I don't think the market for 3 wheels is ever going to make a Tesla out of Arcimoto, but who's to say Arcimoto won't go 4 wheels some day. What I like about Arcimoto compared to Tesla is Tesla seems to want to be high end with all kinds of expensive mandatory features. Arcimoto just keeps it simple and hopefully that means average Joe priced. Heck build me a car that uses my own existing smartphone as the nav, and stereo. Put cheap plastic panels on it wrapped in vinyl, I don't want powered door poppers and self driving, I don't need 0-60 in 3.5 secs, etc.
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