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Excellent timing, however we know Musk and this is no coincidence. Hopefully this will help in giving a strong guidance for 2014 and help propell TSLA higher.
Did you guys see that Elon just bought Gene Wilder's long-time home?
Elon Musk Buys Gene Wilder's Former House In Bel Air For $6.75 Million (PHOTOS)
This is actually a bearish indicator.
When a CEO buys a new mansion, it is a sign that they are getting complacent and that is when stocks start to reverse.
I know this is not the case with Elon Musk, but I am talking about general research on this topic. When a CEO buys a new house it is time to sell.
Of course I am not selling TSLA today.
Haha. BMW's revenue is down because of increased "competition" and investments in "technology". Hahahaha!
BMW profit up on lower taxes but revenue slips - MarketWatch
In Elon's case, looks like he bought this mini-mansion so that he could raze it to the ground and improve his views from his massive mansion across the way.
Sleepy, I love you man but bearish indicator? You must not have a wife and kids yet!
Unlike his fictional Iron Man counterpart, Elon is actually family man who cares about more than the company and that's a GOOD thing. I mean the guy engineered a funky backseat to fit his pack of kids in the Model S. Plus, one does what one has to to keep the Mrs. happy when one is out saving the world until the wee hours.
Wow - according to my screen, someone just now (X:48am) just got a helluva deal - $174.24 when the bid/ask is at 179.03/179.28. Wonder how many shares were involved - I can't see those data.
Or maybe the bid/ask is wrong, and the early euphoria has worn off.
I saw that transaction and wondered how such a purchase well below "Market" occurred. Any enlightenment is appreciated.
I saw that transaction and wondered how such a purchase well below "Market" occurred. Any enlightenment is appreciated.
Data at 10 a.m. New York time may show the Institute for Supply Management’s non-manufacturing index fell to 54 last month from 54.4 in September, economists predicted in a Bloomberg survey.
Economic activity in the manufacturing sector expanded in October for the fifth consecutive month, and the overall economy grew for the 53rd consecutive month, say the nation's supply executives in the latest Manufacturing ISM Report On Business[SUP]®[/SUP].
http://blogs.wsj.com/moneybeat/2013/11/05/options-traders-look-for-big-moves-from-tesla/
"And the largest-single trade was the purchase of 1,925 weekly $230 call options. That secures the right to buy 192,500 shares of Tesla for $230 each–or 31% above Monday’s price and 19% above the prior record."
I don't know if I should be excited or terrified. Probably both.
How do they get this data?The percent of shares out on loan to short sellers stood at about 11% Monday, according to Markit