Short-Term TSLA Price Movements - 2013

[deonb]

I don't think this is a regular downturn. The squeeze is ending. We are past the peak. i expect more volatility until the price stabilizes around $70 - $80 range. I say this because over $90 MM shares have traded hands since the earnings call. The party is over folks. The music has stopped. THe shorts got clobbered. Its time to look beyond the epic short squeeze now for the right long term price to get into.

Looks like it, but for every short going out, there's another one coming in. I don't think we'll see a reasonable number of shorts quite yet, and until then, there will be massive fluctuations both ways. I think getting in during the $70s with some cheap options to hold during the next two announcements is a good play.

If only one can find some cheap options somewhere...

 

[Citizen-T]

As has been stated by others, there are no shares available to short. The short interest has not changed, only changed hands. This squeeze is only over if those that are long wish for it to be over.

 

[kenliles]

This is not just simple short covering. It is the loss of supply of shares to the MM's.

Smart money is adding to their position here.

I think I agree with the first- it's a supply issue for both, and I agree this run has been much more than squeeze;
I think I disagree on second- I wouldn't add at these levels; I think the smart money will start adding again below $75

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As has been stated by others, there are no shares available to short. The short interest has not changed, only changed hands. This squeeze is only over if those that are long wish for it to be over.

It's not over, but the the new shorts are at higher levels than the old; It's no where near over, just going to breath back for the next run. At $70 we are more than double the stock price and valuation of our previous $30s range. The squeeze may relax for while -

 

[Norse]

As long as were long this doesnt really matter, but if it comes Down to 80, I will sure buy some more. If ppl think it will Reach sixties without bad news, then I think they will be wrong. With Morgan Stanley pricing them at 103, alot People will buy in now.

 

[SteveG3]

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It's not over, but the the new shorts are at higher levels than the old; It's no where near over, just going to breath back for the next run. At $70 we are more than double the stock price and valuation of our previous $30s range. The squeeze may relax for while -

I agree with you. Look at Netflix since January. Huge short squeeze in January. Looks like new shorts moved in and were squeezed in another huge in April. I'm seeing the possibility that Tesla is in a new pattern where news big enough to move the stock 5-10% under normal conditions will move it 15-25%.

 

[electrictorque]

I agree with you. Look at Netflix since January. Huge short squeeze in January. Looks like new shorts moved in and were squeezed in another huge in April. I'm seeing the possibility that Tesla is in a new pattern where news big enough to move the stock 5-10% under normal conditions will move it 15-25%.

Go ahead shorts, continue to bring the stock down so I can afford to get in again.:biggrin:

 

[hershey101]

So what price are people going to start buying at? $80? $75? $70? $65? I know its still over priced, but at $80, -$17 from today's high, it seems like I should buy at least a little.

 

[deonb]

So what price are people going to start buying at? $80? $75? $70? $65? I know its still over priced, but at $80, -$17 from today's high, it seems like I should buy at least a little.

This is a very "typical" Tuesday chart so far (apart from the volume being 10 times higher). If that holds for the rest, the low point should come at the end of day.

Disclaimer: What do I know.

 

[gg_got_a_tesla]

I bailed out at $91.07. Will get in again if it hits the 60s.

 

[kenliles]

So what price are people going to start buying at? $80? $75? $70? $65? I know its still over priced, but at $80, -$17 from today's high, it seems like I should buy at least a little.

around $70 for sure; I would probably start some avg in at $75

 

[Majerus]

I dont think we will see the price climb because of supercharger new this week.

 

[c041v]

So what price are people going to start buying at? $80? $75? $70? $65? I know its still over priced, but at $80, -$17 from today's high, it seems like I should buy at least a little.

I added some @ $81.76. It's an uncomfortable level but I just keep thinking that the subsequent announcements will count for something. This is honestly just a dice roll at this point.

 

[Citizen-T]

This is honestly just a dice roll at this point.

Yes.

 

[Beckler]

Wonder how high this twitter spike will go.

 

[Majerus]

4% already.. wow..

 

[Citizen-T]

I bet at least half the people trading this thing had no idea there were announcements queued up.

 

[ShortSlaver]

"Something else this week"....

TSLA going to sell more equity and do a quick cash raise? This is a great idea at this point...

 

[aznt1217]

My bets are he's going to lower the refundable reservation requirement amount. He said this on the Conference Call.

 

[johnnydop]

"Something else this week"....

TSLA going to sell more equity and do a quick cash raise? This is a great idea at this point...

Didnt Elon specifically say on the earnings call that they werent raising any capital in the near future?

 

[brianstorms]

Didnt Elon specifically say on the earnings call that they werent raising any capital in the near future?

Yeah that's what I recall, that and the "we don't need the money" thing