A Long Shot From the Long Side

If you are looking for the long shot -- a trade that has the potential to skyrocket in a very short period of time -- look no further than Tesla Motors (TSLA). It's probably not the kind of stock you would expect to potentially make that kind of move, but since more than half the float is short, a short squeeze extraordinaire is shaping up. It is already driving the price to new highs and has the potential to drive it even farther. Why in the world anyone would short a stock that is already so heavily shorted I cannot fathom, but they have.

Just look at these two charts, and you can see how this is shaping up to be very ugly for the short positions. But for every problem there is an opportunity, and that opportunity lies on the long side. On the daily chart, volume expanded as the swing points were removed on Monday....389 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.

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