TSLA and TWTR

Nice run up on TSLA. Missed this one by a few points.

TWTR is now in insane valuation category. I shorted at 56.25. 40 day quiet period ends tomorrow. We'll see if it still stays at these valuations. Underwriters are expected to upgrade the stock with big price targets tomorrow. IMHO this will be a sell the news type of event. I will increase positions if the stock goes to lower mid sixties.

Position update

Position updates.

1. TSLA is playing out as I expected. 
2. VJET was a great short except I tried multiple times and never got into it.
3. FUEL gave me a lot of heartache after pulling back almost all the way. Latest short ratio has just been released. FUEL short shares have more than doubled from 1.27 million to 2.67 million which is almost 23.5% of the float. I am still bullish on this one and still think it is a 2.5X from these levels.
4. Covered the TWTR and LNKD short. Calls worked well for me. These companies stay short plays and you need to go in an out of your positions.
5. Sold JCP. It did great for me.