TSLA Investor Discussions

[clmason]

I've got my crystal ball warmed up. I have predictions for the next 6 months (assuming production hits as planned):

- Volatility will continue through end of September with share price fluctuating from $26-$36.
- Beginning October when production hits full throttle, share price will not go below $30 and will test $40. This will last through end of year.
- Beginning January share price will not fall below $33 and will test low $40's.
- By March, if reservations increase and there is evidence steady state backlog, share price will test mid to upper $40's

Anyone else care to prognosticate?

 

[tander]

I've got my crystal ball warmed up. I have predictions for the next 6 months (assuming production hits as planned):

- Volatility will continue through end of September with share price fluctuating from $26-$36.
- Beginning October when production hits full throttle, share price will not go below $30 and will test $40. This will last through end of year.
- Beginning January share price will not fall below $33 and will test low $40's.
- By March, if reservations increase and there is evidence steady state backlog, share price will test mid to upper $40's

Anyone else care to prognosticate?

I'd say you are pretty spot on in regards to the events, the prices are kind of just grabbing a number out of the air at this point though.

 

[raymond]

- Beginning January share price will not fall below $33 and will test low $40's.

That would chime with the Jan'13 @25.00 Calls I just bought!

 

[FalconNinetyD]

Nice to see Tesla is being cognizant of costs and energy usage...

Tesla Gets Back $157K From Electric Utility For Energy-Efficient Tooling

 

[kenliles]

short interest thru end of July now up to a whopping 28M shares; Even with volume increased to upper normal, days to cover all way down to 14

 

[Norbert]

short interest thru end of July now up to a whopping 28M shares; Even with volume increased to upper normal, days to cover all way down to 14

That number is getting enormous. Isn't it? So, experts, can we assume that some of the recent stock price decreases were due to shorts coming in? More polarizing between optimists and pessimists?

 

[gg_got_a_tesla]

Buying opportunity coming up on Monday (despite the SSL #1 delivery scheduled for this afternoon)?!

Fisker Karma

 

[Discoducky]

Buying opportunity coming up on Monday (despite the SSL #1 delivery scheduled for this afternoon)?!

Fisker Karma

Yeah, I was thinking the same thing. Usually the bad news takes down TSLA a few $ over a few days. Where is Uncle Ron and Citizen T going to place their buy orders at? 25.5?

 

[Citizen-T]

Yeah, I was thinking the same thing. Usually the bad news takes down TSLA a few $ over a few days. Where is Uncle Ron and Citizen T going to place their buy orders at? 25.5?

I was happy to see that. I've got my cash at the ready, if we retest those lows, I'm definitely buying.

 

[JRP3]

My guess is this will have little to no effect on TSLA.

 

[Bardlebee]

My guess is this will have little to no effect on TSLA.

I'm not entirely convinced it will either, maybe we will see a slight down turn. I haven't kept up with the fisker fires, but wasn't it concluded that it wasn't the battery that started it but the motor itself? This is more about a hybrid vehicle then a pure EV.

Though if it drops to 25 dollars, man I will be so happy. I have been saving up all my pennies to jump back in at the right time and ride it till my delivery date.

 

[raymond]

Shorts

With 28M shorted shares and a float of 64M, does that mean that 30 out of every 100 shares I own I have bought from "speculative" investors?

Do I understand correctly that 92M shares are currently held in long positions?

What happens when such an investor goes belly up? How realistic is that scenario? How often has this happened before? What are the consequences for long positions in such a case?

 

[Eberhard]

This happened last time, when Porsche tried to buy Volkswagen. The short seller of Volkswagen were squeezed out with share price going up to 1000€ from 200€, now stock trades around 130€.

 

[nygiants242]

TSLA doesn't seem to want to push down. Usually after a rally like we've seen, the stock seemed to "free fall" at least a few percent each day. It's holding pretty tough right now, but I am still standing pat until a bigger drop.

 

[Citizen-T]

TSLA doesn't seem to want to push down. Usually after a rally like we've seen, the stock seemed to "free fall" at least a few percent each day. It's holding pretty tough right now, but I am still standing pat until a bigger drop.

You might get your wish soon. Resistance seems to be at around $30.40. If we don't break through it, I suspect there will be a harsh sell-off back to the $26's.

 

[Steph]

This is taking much longer than I expected. I decided not to look at the stock price anymore, makes me dizzy.

I decided to party instead.

Rock on!

 

[nygiants242]

You might get your wish soon. Resistance seems to be at around $30.40. If we don't break through it, I suspect there will be a harsh sell-off back to the $26's.

Hope so! Surprised that it's up so far.. hasn't been any news either. Whole market seems to be dragging but TSLA is in the green for now. We'll see..

 

[thelastdeadmouse]

Price limits on Limit Order

I tried to set up limit orders to sell portions of stock at different points in case there's a short squeeze or similar when I'm not able to get to a computer. When setting up a $75 limit order it told me that the limit price was too far from the market price. Are there actual market limits to what prices you're allowed to set up limit trades for, or is this just a rule imposed by my trading platform?

 

[Citizen-T]

I tried to set up limit orders to sell portions of stock at different points in case there's a short squeeze or similar when I'm not able to get to a computer. When setting up a $75 limit order it told me that the limit price was too far from the market price. Are there actual market limits to what prices you're allowed to set up limit trades for, or is this just a rule imposed by my trading platform?

I'm not sure because I've never set a limit so far from the current market price, but I want to reiterate incase you missed the discussion a few pages back: I do not recommend setting limit orders to sell shares (or buy for that matter) at prices that are way-out-there and then keeping them open indefinitely. If the price takes a sudden plunge one day, well below or above your limit, you risk having your order filled at prices nowhere near the market price that day.

As an alternative, I suggest setting a notification. Have your broker email you when the price reaches X (where you would have set the limit order). That way, once you get the notification, you can get yourself to a computer, check on the news of the day and the current market price, then make an informed decision about whether or not to buy or sell that day and at what price.

 

[JRP3]

If you set a high limit to sell how would it execute below your price?