Short-Term TSLA Price Movements - 2013

[v12 to 12v]

I'll keep those shares warm and safe. If these shares reach the potential that I believe they'll reach, I won't care if I saved a dollar or ten on them.

Almost everytime I've tried to do what you're doing, I've gotten caught by some damn unexpected announcement by Elon that shot shares straight up, so now I just buy and hold. And buy more.

Exactly! Besides, I want to make sure that I am in long term gains territory when it turns into my 10 bagger. There was so much lamenting about selling and not being able to get back in just a month or so ago. Maybe we need a short term memory thread...

 

[AKPilot]

Looks like 150 is holding for now. Anyone see it going lower?

EDIT: Or maybe its not lol.

Solidly into 140's no signs of a reversal that I can see. Hunch is a lot of people who thought they were long on TSLA are seeing their "profits" erode before their eyes and are cutting their losses. I may be wrong, but I think were witnessing the "herd" in frightened mode.

 

[justthateasy]

TSLA is just running away now. How has it not hit bottom and/or trigger a circuit breaker?

 

[tftf]

I think were witnessing the "herd" in frightened mode.

It's usually "stairs up, elevator down" with volatile stocks. Downmoves are rapid, climbing up is often slower.

 

[ongba]

Luvb2b wrote on another forum that a lot of tsla shareholders margined their position in order to buy tsla options. He thinks that there will be no bottom until margin clerks finish sending out margin calls sometime in the afternoon around 2-3 pm.

 

[redharel]

Odd. What makes you think that my response about being a patriot and not about making money? My response was about buying up shares for a long-term view regarding Tesla's growth. Nothing emotional about that.

my position started from 172, if i think the stock will go to at least 134 if not more than that, why would i need to take the hit all the way down?
i will be looking to get back to tesla but not willing to pay premium for that luxury

 

[v12 to 12v]

here comes GS
http://www.streetinsider.com/Analys...osts+PT+to+$104/8852071.html?si_client=intbro

This is a comment from GS in the article. Notice that the 5500 cars were referred to as "shipments" and not as delivered and sold. Could they have misinterpreted the meaning?

"Shares sold off sharply in the aftermarket as Tesla shipments of 5,500 were significantly short of the close to 7,000 that some articles had cited as being implied by VIN numbers which we believe had run up the shares in recent days," said Archambault. "Shipments were, however, above Tesla's original 3Q guidance of 5,000 and, in this context, we view the results as relatively good, with gross margin ex ZEV credits reaching 20% from 14% last quarter."

 

[FluxCap]

Luvb2b wrote on another forum that a lot of tsla shareholders margined their position in order to buy tsla options. He thinks that there will be no bottom until margin clerks finish sending out margin calls sometime in the afternoon around 2-3 pm.

Where is he on another forum? I miss him.

 

[ongba]

Where is he on another forum? I miss him.

he is on thelion.com. He mainly posts in the Wall Street pit forum on that site.

 

[mikeschuld]

If you are long TSLA in the long term, why sell at all? Buy shares on the run down all the way down and lower your break even point. Days like today are EXACTLY when you should be increasing your long position, not selling out like all of the other traders.

 

[hockeythug]

If you are long TSLA in the long term, why sell at all? Buy shares on the run down all the way down and lower your break even point. Days like today are EXACTLY when you should be increasing your long position, not selling out like all of the other traders.

My thoughts exactly. Even if I sold now I would still be taking a big short term capital gain tax hit. I'm in for the long haul.

 

[BornToFly]

I agree. I just transfered $50K into my brokerage account. I'm going to see what happens the next few days, and I will be buying a lot more shares soon.

 

[NigelM]

Sold on the way up, buying again on the way down. I felt like it was overpriced for a while but ~150 feels a pretty good level to get back in.

 

[aznt1217]

My thoughts exactly. Even if I sold now I would still be taking a big short term capital gain tax hit. I'm in for the long haul.

Aside from tax... some of us already have all our liquid cash in there. The only way to buy more shares is to get in at a lower point and build.

 

[Norse]

I just posted this on the long-term section but I tink this might boost the stock short-term.
http://www.autoworldnews.com/articl...0-percent-in-effort-to-stem-air-pollution.htm

"China Cuts New Car Sales by 40 Percent To Stem Air Pollution
The new regulations will favor electric vehicles and other green technologies in the hopes of stemming the country's worsening smog problems"

Since I follow the solar sector alot I know that China are doing alot to fight pollution, and this proves it. I see no problem for Tesla getting in on the market now. The good thing as that this is a strong government who want change and they can do what they want.

I think this really will put the demand sky-high in China for many years, and they will probably have waitinglists longer then Norway!

 

[fjm9898]

I took a beating today, and not really because of Tesla, but NASDAQ taking down other as well.
I tossed out a gamble and bought a single weekly $150 when the price was at 151. just to see what happens.

 

[Toolie]

I wish I had extra money in my brokerage account..I would dump it all right now! Do you honestly think we won't be back to 180s in 6+ months? Cmon man! Giga factory my god this is going to be huge. I really believe battery tech is the future!

 

[justthateasy]

my position started from 172, if i think the stock will go to at least 134 if not more than that, why would i need to take the hit all the way down?
i will be looking to get back to tesla but not willing to pay premium for that luxury

I hear you on this. I think it's very easy for people to say "buy and hold" and "I'm buying more" or throw out terms like "weak longs" etc when a lot of their base position was bought in the 20s, 30s, and even 50s then the stock rockets all the way to 170+ then drops to the 150s after earnings.

There are people out there (me included) who are very very bullish about Tesla the company in the long term but trade TSLA based on the short term movements and have gotten in and out at various price points looking to make profits along the way.

 

[gene]

I wish I had extra money in my brokerage account..I would dump it all right now! Do you honestly think we won't be back to 180s in 6+ months? Cmon man! Giga factory my god this is going to be huge. I really believe battery tech is the future!

I've been long since Jan, 2013. Bought another $10k worth at $146.3, which I had more to spend but I set limits on myself.

 

[redharel]

I hear you on this. I think it's very easy for people to say "buy and hold" and "I'm buying more" or throw out terms like "weak longs" etc when a lot of their base position was bought in the 20s, 30s, and even 50s then the stock rockets all the way to 170+ then drops to the 150s after earnings.

There are people out there (me included) who are very very bullish about Tesla the company in the long term but trade TSLA based on the short term movements and have gotten in and out at various price points looking to make profits along the way.

100+