Tslynk67
Well-Known Member
Don't worry folks, this isn't manipulation, honest...
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Wait so you are saying when I wrote that post a year ago, you were sure that Tsla would be 800 a year later when historically in the past years there were not only signs of cycling of sp, but Tesla just broke down 180 3 months prior? Did you mortgage out your house last year and bet everything because I want the crystal ball you had.
I'm not taking a side on manipulation.Raise your hand if you care who wins this moronic argument.
Less than half the avg volume, easy enough day to manipulate. This price action is absurdly bullish considering the effort to smash SP down. It's like two people show up to buy a tiny position at the open and it takes 10 hedge funds all day to walk it back down, losing money in the process.Don't worry folks, this isn't manipulation, honest...
Raise your hand if you care who wins this moronic argument.
Very low volume today. I don't even think we're going to break 10mil.
Not sure I understand opening in UK. Increased cost shipping to mainland and additional tariffs when Brexit is fully in effect. Maybe labor and engineering skills are cheaper in the UK?
Alternate explanation for Elon's trip to London:
"Tesla is hiring for a Program Manager in the insurance and underwriting field in the UK. The job location is in London and is a full-time position. That seems to indicate something that will make Tesla owners and future owners quite happy."
Tesla Is Hiring For Insurance Program In The UK | CleanTechnica
Cheers!
This board has really gone to *sugar*. What's the plan for a reboot?
That would be the safe way. Elon has a jet, someone coming over here would have to fly commercial.Elon would fly to London to interview insurance guys instead of the other way around?
Not quite. The broker can't just decide to sell the share for the original holder and give him back the cash. This would be a taxable event for the owner. It's the broker who is on the hook to replace the actual share. As you say, though, it's quite rare, basically the short seller has to go broke for this to happen.
That would be the safe way. Elon has a jet, someone coming over here would have to fly commercial.
Are you taking things out of context? I was explaining WHY someone would sell in 2019. Obviously that person doesn't expect the stock to be 800 or else why sell? So that person and any long term bull who sold in 2019 did not see any signs of Tesla doubling or tripling. I didn't say it's not going to 800 or whatever. I was explaining how those people were fed up with Tesla as an investment because the sp disappointed them again and again for years. So I was not in the position to call those people stupid if that was their reason.Don't rewrite history. The claim you made today (that I took exception to) was that there were no signs that it would be going to $800 anytime soon (back in July 2019)!
Now you want me to say I was "sure" of it? That's ridiculous - I'll be the first person to tell you there is no certainty in any market investment. But, even though I had accumulated far too much TSLA by common investment rules in my account, I did manage to sell some other stocks and double my TSLA position on June 4, 2019. And I followed it up by buying options with high strike prices. There's a reason I did that and it wasn't because TSLA showed no signs of going to $800!
I recommend using the Ignore button. I don't even know who Stealth is arguing with (and I don't care) because I can't see their posts.This board has really gone to *sugar*. What's the plan for a reboot?
Does anyone have a view into Max Pain for next week and the week after? I know that Max Pain changes as options are constantly updating, but does it look like there's a clear max pain wall for next Friday and/or the Friday after that? At this point, the stock clearly trading on playing the options and I don't see a catalyst for the stock to break that until Q2 P/D(which I'm bullish on).
I have more funds coming available either Friday or Mon/Tues of next week and trying to determine whether I want to do some short term trading on other stocks and flip them into long term holdings for Tesla sometime before Q2 P/D numbers are out. The fact that the Nasdaq is so close to breaking all time high and we still haven't closed above 900 makes me a bit uneasy on the direction of things(not Tesla specific, just macro trends)....at least until July is here for Tesla when we have multiple catalyst to break from any movement in the macros. I don't believe in a major retracement in the macros, maybe 5-10% retracement. But I do believe that retracement is going to happen in the next month or two.
On one hand, Tesla has mostly missed out on the 15% rally in the Nasdaq over the past month and the company has upcoming catalysts in Q2 P/D, Q2 earnings, and Battery Day to counter a retracement in the Nasdaq.
One the other hand, Tesla has mostly missed out on the 15% rally and could be taken lower despite upcoming catalysts.
Also no need for "Just buy it and hold and you'll be fine in 4 years" lol. I've been accumulating for years now and still bought on the once in a lifetime dip in March and still in the 700's and low 800's. I'm just getting pickier about my investments now since my position in Tesla has grown to many times more than I originally ever thought it would.
This board has really gone to *sugar*. What's the plan for a reboot?