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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