flankspeed8
Member
Anyone thinks that with SMP2 we might get an update on Model 3 reservations? We are due for some sort of update IMO and that could certainly add pressure to the shorts if it is good.
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SW2Fiddler
We Are Cognitive Dissidents
racer26
Active Member
Nobody knows for sure but Elon. He already blew the deadline of last night.
I'm encouraged by today's movement without it, though. Maybe he'll release the news around the close of markets. That seems to happen a fair bit.
MitchJi
Trying to learn kindness, patience & forgiveness
We don't want that?! If it happens due to institutions pulling in their shares to vote that should take at least a day or two? It might be a distraction for the company but it will have a huge impact for shareholders and option holders that sell and repurchase after the peak. This is the ST Thread isn't it?
If we get to something like $300, which seems conservative my relatively small number of calls will increase by over $200k! If that's merely a distraction please bring it on. I believe that will happen eventually, but sooner is better for options plus that would ratchet up the value of my portfolio.
I've been thinking about the first scenario (technical squeeze). a little more and I want to share some of my thoughts:
1. Even if it's unlikely it would be a time in which TSLA investors would have two opportunities to make huge profits so I think it's worth at least thinking about the possibilities.
2. IMO we should know this is happening. In that case trailing stop might make some sense, but if we know that the lurch isn't triggered by fundamentals then we know it's going to go down again?
If so buying weekly or monthly puts makes as much sense for protecting your gains at the top and profiting on the way down. Of course you want to sell as close to me too as you can but if you fully protect,your gains with puts getting out at the exact top is less important plus you could make as much or more on the way down.
Even if you miss the upswing entirely you could make as much or more when the SP drops again. So I believe a technical squeeze is the best possible scenario for TSLA traders because in a few days we would have two opportunities to make huge profits.
I hope that a lot of us make a ton on both sides of a technical squeeze if it happens
!
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Gee, I wonder where the bears went today.
Meanwhile, the noose is continuing to tighten - still 0 TSLA shares available to short at Fidelity, interest rate went from 19.5% last Monday to 23% today.
0 shares to borrow for SCTY as well, estimated annual interest rate to borrow for short sellers is 82%.
Historically Fidelity was quite conservative with the interest rates, so they are likely higher at other brokerage houses...
0 shares to borrow for SCTY as well, estimated annual interest rate to borrow for short sellers is 82%.
Historically Fidelity was quite conservative with the interest rates, so they are likely higher at other brokerage houses...
How do we know whether short squeeze or genuine long accumulation is happening?
Short interest data is too little too late anyway, it is published only twice a month and delayed 2 weeks
If my wish has its way, I wish today's run be genuine long accumulation while shorts stay put. I hope this long accumulation continue until we hit $280 or so. By then, most shorts will be deep underwater and pay high rates for margin. Short squeeze then would be much higher, potentially shooting SP up to $400.
Short interest data is too little too late anyway, it is published only twice a month and delayed 2 weeks
If my wish has its way, I wish today's run be genuine long accumulation while shorts stay put. I hope this long accumulation continue until we hit $280 or so. By then, most shorts will be deep underwater and pay high rates for margin. Short squeeze then would be much higher, potentially shooting SP up to $400.
Runarbt
Active Member
Daily volume?How do we know whether short squeeze or genuine long accumulation is happening? Short interest data is too little too late anyway, it is published only twice a month and delayed 2 weeks
VanE
Member
My parents just bought a 2012 VW Passat and paid €200,00 just to upgrade the 'software'.
After I told them about OTA updates with Tesla they were one step closer to reserving a M3.
racer26
Active Member
Its interesting... we get a day with much more normalish volume, and its gone right back to where it was tuesday morning last week, regaining all the losses of the low volume days in between.
I don't think daily volume by itself does not indicate presence/absence of short squeeze.
VanE
Member
That would be great!! I have two questions, one specific and one more general:
A: Does the technicals really matter with the SMP coming soon? Aren't the technical charts only indicative when there isn't any major news?
B: I am quite new to short term trading/investing, and I have based all my predictions on the information I got here and elsewhere, but these were all based on a change in how the market perceived the company, never on technicals. I would like to read up on how technical analysis works and how to use it myself. Do you all know any good books / series / online courses that explain the basics of technical analysis well to a laymen like me?
CALGARYARSENAL
Member
CALGARYARSENAL
Member
My Twitter is @diggydoy. Follow the stock market people I do. Good start. This is setting up for the breakout I was expecting before suspensiongate - when I bought in again.
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While we wait around for the masterplan 2.0 I found Damodaran's latest blog post to be a great read.
Not that I agree with his view or anything. He seems to be always several steps behind the market in understanding Tesla and he gets way worse relative to TMC. However I found his writing interesting just as an another reasonable/educated perspective.
Interestingly I felt the same way even with his earlier posts on Tesla. I didn't change my position based on his earlier posts nor will I now.
Musings on Markets: Tesla: It's a story stock, but what's the story?
The most relavent to this short term thread is that given that Tesla is a "story stock" in his or market's perspective, as the story evolves with more meat, the valuation should go up too. So in this perspective Masterplan 2.0 can be a serious stock price booster (that I earlier didn't believe it to be).
Also, if it is announced together with SC board accepting the deal, which will help propel some more short recalls, the stock can make a very serious move upwards.
We are right around the corner for it.
Not that I agree with his view or anything. He seems to be always several steps behind the market in understanding Tesla and he gets way worse relative to TMC. However I found his writing interesting just as an another reasonable/educated perspective.
Interestingly I felt the same way even with his earlier posts on Tesla. I didn't change my position based on his earlier posts nor will I now.
Musings on Markets: Tesla: It's a story stock, but what's the story?
The most relavent to this short term thread is that given that Tesla is a "story stock" in his or market's perspective, as the story evolves with more meat, the valuation should go up too. So in this perspective Masterplan 2.0 can be a serious stock price booster (that I earlier didn't believe it to be).
Also, if it is announced together with SC board accepting the deal, which will help propel some more short recalls, the stock can make a very serious move upwards.
We are right around the corner for it.
CALGARYARSENAL
Member
CALGARYARSENAL
Member
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