Are you also investing in Tesla?

[Iamthecaliflower]

This market is really pissing me off. Why isn't Tesla getting any love? The reservations are coming in, and nothing has changed since when Tesla was at 35. I bought about 2000 shares at around 32-33. This is beginning to piss me off. I am long, short of someone giving me a darn good reason not to be, but seriously, this is beginning to annoy me. What is going on? How long do you folks think this will continue?

[ckessel]

Heh, the stock market is less than predictable .

I'm personally hoping the stock stays in the tank until I get my $35k back from my Sig reservation so I can put into TSLA stock.

[Iamthecaliflower]

Did you cancel your reservation?

[Zextraterrestrial]

Wit till summer

[Iamthecaliflower]

Care to explain? I think your saying you expect the stock to skyrocket during between the release date announcement and the release of the Model S. I am hoping that's what your saying, since it seems that is the only thing that will trigger a reversal. Either that or some announcement of a deal with a major group for power-train components. I really hate Morgan Stanley for causing a 13% drop. Once Tesla can prove that at least 6500 of the 9000+ reservations intend to buy the Model S in 2012, they should be set for 2013.

[AnOutsider]

The stock market is rarely predictable and sometimes you get the opposite effect of what you're expecting. At the end of the day, remember that even though companies help set the pace with their performance and PR, it's normal old human beings that end up defining the market. There's a lot of emotion, misguidance, scheming etc.

What's sunshine without rain?

[Iamthecaliflower]

I agree. The stock market is rarely predictable. However, the long term trend should be all clear once it is obvious nothing is wrong with the company. Are we all in agreement though that once it is evident that Tesla will not fail in the next 6 months, all clouds should be lifted, and the horizon should be all clear. This should yield an all out reversal. The only thing dogging the stock at this moment is general fears of electric cars, the problems with the Karma, and Mike Kelly pushing for a revoking of the $7500 tax rebate. Are we in agreement a short squeeze is imminent once it is obvious Tesla isn't going to fail?

[AnOutsider]

I'm in agreement that *$#% happens and the stock market can be a *^$#@. It sounds like you're asking for reassurance... Personally, I can't give that. I honestly don't know what will happen, but yes, I do hope in the long run Tesla will continue to rise.

[Doug_G]

On average, in the long term, the stock market is usually rational. In the short term there's all kind of noise. Unless you're about to buy or sell, how much the stock went up or down today is utterly meaningless.

[Robert.Boston]

@Doug_G: agreed. If one is bullish on TSLA, a falling price simply creates opportunity to buy an undervalued stock. The declining price may, however, cause one to do a check-back on whether being bullish is appropriate. In theory, the market has as much (or more) information than any individual investor, and in theory that means its price today reflects the best estimate of the value of the company. Efficient market theory, however, may be right on average but wrong in particular cases.