Short-Term TSLA Price Movements - 2015

[Gtoffo]

Been traveling for a month around SE Asia....love it when the forums are "quiet" and TSLA just keeps rising. And we still have a few potentially big catalysts on the horizon with the Model X reveal/launch and Q2 results.

ATH is getting close. Long and steady does the trick. If we short squeeze from here might be time to take a little profit off the table.

 

[CyberDutchie]

Just want to congratulate the forum member from yesterday who bought and thought he "always buys at the wrong time" Well done my friend and keep thirsty as 400 price target is right around the corner.

+1

That wasn't me but I did buy 10 Sept '15 290 calls at $9.7 yesterday, betting on TSLA reaching $300 by that time. The chance of that happening just went up big time. :biggrin:

 

[froggy]

Squeeze! Squeeze! Squeeze! Glad I bought to close my 285 strike covered calls yesterday. Hope this thing takes off like a rocket today and we end in the mid to high 280s.

 

[Lump]

Tesla Motors, Inc. (NASDAQ:TSLA) - Chowdhry Reiterates Tesla $385 Price Target; Says It Can 'Easily' Hit 62K-65K Auto Deliveries This Year | Benzinga
Chowdhrys at it again...trying to gain headlines.

 

[Jonathan Hewitt]

Grabbed 5 JUL $290s at open at $3.10 each. Might be a short term hold.

 

[AudubonB]

I almost choked on that piece of apple pie in my mouth when I saw the first minute's action. Holy smokes.

 

[aznt1217]

Hey, remember when Tesla didn't have enough demand for 10k cars a year? ... well then.

 

[CyberDutchie]

1M shares traded in first 5 minutes!

 

[froggy]

Just want to add 11507 Q2 +10030 Q1= 21537 Model S deliveries which = 39.16% of 55,000 delivery guidance. From guidance from Musk in February was %40 of deliveries would occur in first two quarters...I'd say we're on track!

 

[AudubonB]

One of finest headlines ever

Almost as good as "Headless Body in Topless Bar":

This is how Business Insider is getting their digs at Merrill Lynch:

Analysts say Tesla shares are too expensive, raise their price target 177%

 

[FluxCap]

Shorts better take this opportunity to cover hard before the long weekend. 9 days to cover was it?

 

[chickensevil]

Almost as good as "Headless Body in Topless Bar":

This is how Business Insider is getting their digs at Merrill Lynch:

Analysts say Tesla shares are too expensive, raise their price target 177%

That... Is... AMAZEBALLS!

 

[Gerardf]

Almost as good as "Headless Body in Topless Bar":

This is how Business Insider is getting their digs at Merrill Lynch:

Analysts say Tesla shares are too expensive, raise their price target 177%

:biggrin: Great find. And great headline !!

 

[Jonathan Hewitt]

Shorts better take this opportunity to cover hard before the long weekend. 9 days to cover was it?

For real! Looks like no early morning squeeze. I think we could start squeezing this afternoon as weekend approaches but we may have to wait until Model X configurator/closer to earnings.

 

[chickensevil]

Shorts better take this opportunity to cover hard before the long weekend. 9 days to cover was it?

Clearly they are holding off covering, which is partly I think what is driving the price down while there is decent buyers to be had right now too. But seeing as how we are already over 1M shares traded today (according to google) and we are only in the first 30 minutes... if this keeps up the price will shoot back up from it's down point. They are smartly trying to hold off and let the buying frenzy drive the price back down some... The amount of restraint on these shorts is amazing.

 

[FluxCap]

The amount of restraint on these shorts is amazing.

They must be spending a fortune right now. Cojones, or foolish? The market will be their judge!

I might be a buyer on this dip from the open.

 

[Johan]

They must be spending a fortune right now. Cojones, or foolish? The market will be their judge!

You know the saying: "No fortunes were lost not spending them". Or something like that

What makes me smile is knowing all of us are on the opposite side of that trade, i.e. where the fortune is lost TO.

 

[yngwie_2012]

They must be spending a fortune right now. Cojones, or foolish? The market will be their judge!

you mean the reason for the drop from $282 to 274$ are shorts trying to pull it down??

 

[Jonathan Hewitt]

you mean the reason for the drop from $282 to 274$ are shorts trying to pull it down??

Someone either opened some big shorts or sold a ton of shares. Or combination of course.

 

[Lump]

you mean the reason for the drop from $282 to 274$ are shorts trying to pull it down??

Yes,
Citron Research shorting again.