Mark Dow, a former International Monetary Fund (IMF) economist who shorted Bitcoin from $20,000 to $3,500, has said shorting Tesla might be the trophy trade for 2019. “Shorting Bitcoin was the trophy trade of 2018. Shorting Tesla might be it for 2019,” said Dow. The gloomy forecast of Tesla from Dow comes during a period in which strategists remain concerned about the short-term future of the company and its drastic change in strategy. Investment Firms are Pulling Out of Tesla Positions On March 1, following the release of Tesla’s statement on its plans to switch all sales online and close
The post Tesla is Next for Former IMF Economist Who Shorted Bitcoin at $20,000 appeared first on CCN
source https://www.ccn.com/former-imf-economist-shorted-bitcoin-20000-tesla-next
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