This Former NYSE Trader Reveals How to Trade Tesla After Musk's Famous Tweet

After Elon Musk's famous tweet saying he's considering taking Tesla private, one former NYSE trader has some advice for investors.
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After Elon Musk's famous tweet saying he's considering taking Tesla (TSLA) - Get Report private, one former NYSE trader has some advice for investors.

Stephen Guilfoyle, a Real Money contributor and co-manager of TheStreet's "Stocks Under $10" Portfolio, says:

  • Don't take a short position
  • Don't sell puts or calls
  • If you are long, stay long because of the $420 privatization possibility

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