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Social Chat - Short Term TSLA Movements
- Thread starter Jonathan Hewitt
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- TSLA
Johan
Ex got M3 in the divorce, waiting for EU Model Y!
Squeeze up again? Or wishful thinking on my part. A lot of the sell pressure since Q3 ER could be shorts. Hopefully a lot of resilient longs have come in.
Yep, looks like it's going to be a big volume day.
The key will be of TSLA can break through the $133 level and stay above.
$133 is pretty far up there for TSLA to reach today. Perhaps it'll take the remainder of the week?
CyberDutchie
Active Member
WTF, when can we get a break? Now that Tesla is finally up, SCTY and the rest of the gang down and my portfolio still red for the day...
Causalien
Prime 8 ball Oracle
Yeah me too. But we are at double bottom. Tomorrow will decide whether yesterday was sentimentshift if it closes green.
sub
Active Member
I bought back 25% of my original position yesterday, of course I timed it horribly but still, TSLA under $130 sounded good to me. I was all in previously with all available cash and that got to be a bit stressful, I'm more comfortable with my smaller position and won't worry about the short term as much, though I always seem to be in a better mood when TSLA goes up.
i think we are at the bottom or close to the theoretical bottom. no one can predict the stocks future with 100% accuracy, but regardless, the upside possibilities now exceed the downside risk. you are more likely to miss out on a huge runup in the share price than take a 50% loss from here. i just bought some now.
sub
Active Member
This thread is quiet. I don't care how others and the moderators decide to separate threads, I read them all, just makes it more work. I'm probably not alone on this, but I have a hard time not having some skin in the game when it comes to tsla. I sat on the sidelines for about a week and couldn't wait any longer. I'm not "all in" like I was before, which wasn't that smart to begin with, but im comfortable with my current position even though I'm in the red on my latest purchase. I waste way to much time on TMC but I wouldn't have it any other way.
mershaw2001
I'm short the short sellers
Yeah, I've been a little put off by tesla recently because of the pain of losing so much so quickly. I sold 90% of my tesla a little higher than we are right now, after losing a lot of money in the fall from 135 to here. On the good side, the volume was strong and things seem to be stabilized. I am like you, sub, and I couldn't stay away once the price stabilized. With how tight the trading range was today, it seems like we might see a large swing in one direction or the other soon.
It's not fun to have this price drop, but until this week, I never thought I'd be buying more TSLA. I've added over 17% to my holdings which had a previous ASP of 92. I'm really not worried by this drop. I have low expenses and so live off little money. It's almost all in Tesla and solar. The future is bright. I'm a new investor, but not really feeling the panic going around... Come on bears, try a little harder to scare us :wink:
I jumped in a little too soon. I will need to hold my stake for really good news. At the worst, I will hold until the next quarters spectacular numbers drive the price back up.
Funny I didn't see Fords stock drop 40%............
Recall No.7 for Ford Escape; This time there's a fire danger
http://www.nbcnews.com/business/rec...ord-escape-time-theres-fire-danger-2D11658567
Recall No.7 for Ford Escape; This time there's a fire danger
http://www.nbcnews.com/business/rec...ord-escape-time-theres-fire-danger-2D11658567
Apparently, it's two recalls in one. That's seven since it was redesigned in 2013 (we're still in 2013, btw). 13 fires (not due to collision) so far because of it. Can you imagine if the Model S had that track record? People would be burning Elon in effigy. Ridiculous. If anyone is worried about the NHTSA investigation, this should be reassuring.
Mario Kadastik
Active Member
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