Page 42 of 1419 FirstFirst ... 3238394041424344454652921425421042 ... LastLast
Results 411 to 420 of 14189

Thread: Short-Term TSLA Price Movements - 2013

  1. #411
    Member Curt Renz's Avatar
    Join Date
    Mar 2013
    Location
    Chicagoland
    Posts
    780
    TSLA shares were up over 5% today to reach an all-time closing high. There was no news from the company, although Morgan Stanley reiterated an overweight rating. Since the close on March 1st the share price has gained more than 31%. Many who have been heeding anti-electric and anti-green pundits are heavily short the stock and have been seeing their heads handed to them. The greatest market fortunes have been made by riding radiant waves of the future and ignoring counsel from those stuck in the mud of the past.

    Today, as we have read here many times in recent weeks, supposed believers in TSLA have been taking profits. That might explain the lid that was placed on the day’s early price gains. It may seem clever to time swings in a volatile stock. A very few lucky players will be successful. I suspect that most will be forced to chase the stock after it moves to significantly higher prices.
    Last edited by Curt Renz; 2013-04-17 at 07:10 AM.

  2. #412
    S P3112 ~ X P6117 mulder1231's Avatar
    Join Date
    Jan 2012
    Location
    Menlo Park, CA
    Posts
    814
    Quote Originally Posted by gg_got_a_tesla View Post
    My position goes long on May 8th, right after the earnings call (expected by the Street to be on May 6th). Now, if the trend around the Q4 call was any evidence, the stock will stay high right up until the earnings call and will surely correct for a bit after (or do folks see these levels being maintained)?!
    The buy-on-the-rumor-sell-on-the-news phenomenon. History shows that once a new high is established, followed by a dip, there will always come a time where TSLA will return to the high and beat it. So if you're not in a hurry to sell, I'd just hold on.
    Model S: P3112/VIN3762: 60kWh w/ Supercharger Access, Grey/Tan/Obeche Gloss, 19" Wheels, Tech Package, Sound Studio Package, Active Air Suspension, Parcel Shelf, Premium Carpet Floor Mats, Cargo Net; Reserved: Feb 2011; Delivered: Feb 2013;
    Model X: P6117; Reserved: Oct 2013

  3. #413
    Senior Member smorgasbord's Avatar
    Join Date
    Jun 2011
    Location
    SF Bay Area
    Posts
    2,193
    Quote Originally Posted by Curt Renz View Post
    It may seem clever to time swings in a volatile stock. A very few lucky players will be successful. I suspect that most will be forced to chase the stock after it moves to significantly higher prices.
    +1! What a wonderfully written statement.

  4. #414
    Senior Member
    Join Date
    Jul 2012
    Location
    Randolph, MA
    Posts
    1,514
    @Curt, I had a %60 gain, over $18K (or, as I look at it, %20 of the cost of my Model S). To quote a famous investor, the most difficult part of investing is "letting your profits run", but, in the case of TSLA, it is so volatile, I'm betting I'll have a chance to get back in, with either a long position, or leap calls. Also, %95 of my position was in my IRA, so there is no taxable event for the gain. Of course you pay the tax when you start withdrawing the money from your IRA. If I don't get an opportunity to get back in, well, that's life, I've done fantastic with this stock, only buying 1/2 my position in July of 2012 (when I reserved my Model S), and the other 1/2 in October of 2012, a relatively short time for a nice $18 or so gain per share.
    Model S Reservation: P10010 (July 2nd 2012), MVPA signed 12/4/2012, delivered 1/17/2013, VIN: 03245
    I support OpenEVSE: http://code.google.com/p/open-evse/

  5. #415
    Member Curt Renz's Avatar
    Join Date
    Mar 2013
    Location
    Chicagoland
    Posts
    780
    Here’s a link to a slide show from Longboard Asset Management titled “Will Tesla Shorts Get Squeezed to $200”: http://www.slideshare.net/LongboardA...41513-18932072

  6. #416
    Senior Member
    Join Date
    Jul 2012
    Location
    Randolph, MA
    Posts
    1,514
    I agree with the presentation, except they are underestimating the future value of TSLA, I see it over $700/share within 10 years.
    and I do believe it's not going to go directly there, the stock market has ups and downs, it's tough to "fight the market", as they say, "once in a lifetime opportunitys", they come along about every 2 weeks
    Last edited by mitch672; 2013-04-16 at 08:38 PM.
    Model S Reservation: P10010 (July 2nd 2012), MVPA signed 12/4/2012, delivered 1/17/2013, VIN: 03245
    I support OpenEVSE: http://code.google.com/p/open-evse/

  7. #417
    Model S VIN P01536 Robert.Boston's Avatar
    Join Date
    Oct 2011
    Location
    Portland, Maine, USA
    Posts
    5,565
    I couldn't resist selling 25% of my long position today near $46. Two-thirds of this quantity was "bonus shares" I bought by selling high, buying low earlier this year, so I almost consider them as "found money." I'm happy either to have realized substantial gains or to reinvest these dollars on the next dip. It seems very likely to me that we'll revisit the region south of $40 in the next month or two.

    Trading with one's IRA fund makes the tax issues disappear....

  8. #418
    Member
    Join Date
    Jul 2012
    Location
    South Texas
    Posts
    516
    Sold 3 options today for 10.00 that I paid 1.70 for. I am still holding most of my position but such a large gain on no news was very tempting. I don't see the price coming down too much before the earnings announcement. I am hoping we break 50 before the earnings announcement

  9. #419
    Member
    Join Date
    Apr 2013
    Location
    PA
    Posts
    680
    Quote Originally Posted by Curt Renz View Post
    It may seem clever to time swings in a volatile stock. A very few lucky players will be successful. I suspect that most will be forced to chase the stock after it moves to significantly higher prices.
    This is so true. That is why I keep my shares in and trying to capture swings borrowing on margin close to the support level and then selling enough shares to return margin+interest when near the resistance level. The gains stay in stock, this way I am exposed to further gain if and when stock breaks through the resistance level.

    The proceeds from this will go toward purchasing Tesla Model S. Since I plan to stay in long term, plan to get a car loan, and then pay it off selling the gained shares as needed every month. Will kill two birds with one stone: cost averaging selling + capture potential for future gain.

    I started to implement this strategy relatively recently, current cycle is on, ready to sell tomorrow, hopefully into the bump caused by Shemp the market maker buying spree (see The Rolling Naked Tesla Short thread, theory by luvb2b)
    Last edited by vgrinshpun; 2013-04-16 at 08:46 PM.

  10. #420
    Senior Member hcsharp's Avatar
    Join Date
    Jun 2011
    Location
    Vermont
    Posts
    1,491
    Quote Originally Posted by Robert.Boston View Post
    ...
    Trading with one's IRA fund makes the tax issues disappear....
    Not necessarily and/or not entirely. But you already knew that. I've seen many cases where investors would have been better off owning a stock with large gains outside of their retirement plan. Your IRA will always ultimately be taxed as ordinary income while long-term gains outside of it will be taxed at 1/3 the rate. And s-t losses can't be realized for many years inside your IRA. Obviously there are many factors to consider... Often you are better off when you can take advantage of different tax rates - harder to do inside an IRA. Don't take this as saying IRAs are a bad idea...

Thread Information

Users Browsing this Thread

There are currently 2 users browsing this thread. (0 members and 2 guests)

Similar Threads

  1. Social Chat - Short Term TSLA Movements
    By Jonathan Hewitt in forum TSLA Investor Discussions
    Replies: 3917
    Last Post: Yesterday, 05:19 PM
  2. Long-Term Fundamentals of Tesla Motors (TSLA)
    By Robert.Boston in forum TSLA Investor Discussions
    Replies: 1501
    Last Post: 2014-07-29, 12:40 PM
  3. Using futures to offset short-term gains
    By confy in forum TSLA Investor Discussions
    Replies: 2
    Last Post: 2014-03-18, 05:39 AM
  4. OK, that's it. I'm going to short TSLA
    By AudubonB in forum TSLA Investor Discussions
    Replies: 17
    Last Post: 2013-05-29, 07:05 PM
  5. good explanation of short-long TSLA behavior
    By kenliles in forum TSLA Investor Discussions
    Replies: 3
    Last Post: 2013-03-13, 04:51 PM

Tags for this Thread

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •