I think there might be a problem with naked shorting over the next several days.
I think you are saying that technically they can naked short but it will likely result in some marriage breakups?
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Tesla, TSLA & the Investment World: the Perpetual Investors' Roundtable
- Thread starter AudubonB
- Start date
I think you are saying that technically they can naked short but it will likely result in some marriage breakups?
StealthP3D
Well-Known Member
Or at least a charge of lewd and mischievous behavior!
I don't fully understand how the MM's get away with so much historical naked shorting, but my impression is that this split may be structured in such a way that their usual games are too risky for them to undertake during this transition period.
Cover me, chaps, I'm going in!
Yeah, for “order of magnitude” Elon, WTF with a 1/2 order of magnitude split.
Artful Dodger
"Neko no me"
Upper-BB has moved up to $1,633.71 by today's Open:
I expect we'll test that level this morning, completing a remarkable reversal of sentiment on TSLA moving from the Lower-BB to the Upper-BB in just over 1 trading day.
Cheers!
I expect we'll test that level this morning, completing a remarkable reversal of sentiment on TSLA moving from the Lower-BB to the Upper-BB in just over 1 trading day.
Cheers!
HG Wells
Martian Embassy
Don't worry, in a few days it will be much more affordable.
Buying opportunity coming up. They just forced it down on that run up while waiting for QQQ dip. Here it's coming. Tons of momentum today.
OK, $1585, at least they're making an effort!
Given the volume though, not sure they'll be able to defend $1600, then they have the decision as to whether to abandon it and delta-hedge for $1700, which, da dash, puts the price up even more...
Given the volume though, not sure they'll be able to defend $1600, then they have the decision as to whether to abandon it and delta-hedge for $1700, which, da dash, puts the price up even more...
Artful Dodger
"Neko no me"
Yeah, MMs are just filling the gap, with today's Low coming within 43 cents of yesterday's High ($1,585.00):
Cheers!
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StealthP3D
Well-Known Member
I suspect "they" collected some dry powder yesterday but it's unlikely they were able to collect enough to stop what's probably going to happen today. Look at the stock chart art posted earlier this morning for an indication of what that might be!
P.S. "Dry powder" can be actual shares depending upon what battle you're fighting.
No one has mentioned this:
Repossessed Porsche Boxster S - cars & trucks - by owner - vehicle...
This is the same photo that Mark Spiegel used to brag a couple of years ago.
Edit: While the Craigslist post is for real, I guess it's possible this is a hoax. I didn't think a used Boxster would be worth this much. Posted for humor value...
Repossessed Porsche Boxster S - cars & trucks - by owner - vehicle...
This is the same photo that Mark Spiegel used to brag a couple of years ago.
Edit: While the Craigslist post is for real, I guess it's possible this is a hoax. I didn't think a used Boxster would be worth this much. Posted for humor value...
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dc_h
Active Member
So we should all freak out on the 24th when our stock is worth 20%, but we don't have our new shares and breath into a paper bag until the 31st, when our split shares show up in our accounts!
SunCatcher
Member
Holy crap! Really?
"We recently repossessed this Porsche Boxster S from an owner who was unable to make payments for over 90 days due to financial troubles at their business."
edit: OK, I'm gullible. Seemed too funny to be true.
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UkNorthampton
TSLA - 12+ startups in 1
Worthless smelly lump of polluting stinkiness. Ditto car.
I'm assuming it's a joke as it's the same photo.
However "Boxster is a great car for you wife or girlfriend." - hmm, not for mine, she will only drive electric by choice.
I’m not normally one for schadenfreude, but with this guy I clearly remember him tweeting about going out for dinner with some fellow shorts to celebrate Tesla failing during the dip last year. Eff him.
Imagine celebrating someone else’s failure - what sort of person does that? We should focus on the positives, the world is actually full of great things. I hate the entire concept of shorting — hoping and betting someone trying to build something that they’re excited about will fail.
BTW, for those not following the specific thread - a couple of Belgian brokers have come back to us saying that from the info they have, will be treated as a standard stock split, so no tax implications*
So 99.99% looking OK, I hope this is the same for other jurisdictions.
* they do have a wriggle-out clause that they could change their minds on this if other info becomes available
So 99.99% looking OK, I hope this is the same for other jurisdictions.
* they do have a wriggle-out clause that they could change their minds on this if other info becomes available
JusRelax
Active Member
Pretty sure this is fake, and that it's someone making fun of him. Honestly, whoever is doing it should be careful... I don't think it was a very good idea. Take a look at the asking price for it:
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