TSLA Market Action: 2018 Investor Roundtable

[Highway2Heel]

Bulls and bears NEVER, EVER fight each other at the institutional level. When price goes up near the middle to top of the BB, bears take over and bulls get out of the way. Once price gets down past midway of BB to the bottom, bulls start taking over and bears step aside.

$250ish is pretty firm support and a very clear buy signal. Unspoken communication dictates that bears get out of the way and bulls take over.

For a retail bull, October will be stock-holding hell. It’s all about defense this month. I’m searching couch cushions for spare change to buy a few more and average down further.

 

[corduroy]

Welp, just added more at $267.75. I'm out of dry powder for now, which is probably a good thing.

 

[nursebee]

Autopilot delay perhaps means that Elon can run the company without outside $$$? Why else come out and say such a thing in such volatile times.

How can they grow exponentially from HERE AND NOW?
They need more batteries
They need more factories
They need continued better products
Do institutions think the same?

I see continued sales levels continuing, not accelerating. Increased sales needed, I dont see short term capacity for more.
Elon is a fighter, I would not call him truthful or blameless. He seems like a boxer willing to bite an ear to win...



I am unwilling to bet on either side. Where will the price be when this turns around, I dont know.

 

[Huskyf]

Verry strange when Bob Lutz from GM make stupid video on Tesla the price of GM market doesn't Dip.
When Elon make one twitt everyone is against him and Tesla$ Dip

 

[Singuy]

Share price will only go up when institutions start increasing their holdings. Institutions are bothered by Elon’s erratic ness lately. Elon is bothered by the share price not going up in his mind due to shorts. It’s such a catch 22.

Elon is bothered by SEC forcing him to pay shorts for damage. Who cried and and were damaged by funding secured?

And that's the bullshit from shorts. They always cry about Elon "misleading" with what he say.

You do understand that major shorts are betting that Elon is a con artist. They see Tesla as the next Enron. So if Tesla gaines, shorts want sec to investigate to make sure Elon is not cooking the books.

 

[ev-enthusiast]

Used the downslide this morning to add to my long position again.
Keeping a lot of firepower for any further SP drops during the next couple of trading days.
My understanding ist that the current SP reaction is way (!) overblown and short term.

 

[viridi]

As a head’s up, former SEC Chairman will be on CNBC soon to discuss whether the SEC settlement is in jeopardy because of yesterday’s tweets.

 

[Remus]

Too many here believe Elon can never be wrong, and that is dangerous.

Protect yourselves

Sorry to break it to you. Many of our believes are based on delivery numbers, mix of the builds, love of the car from friend and family, even complete strangers. Elon is NOT our solo source of information.

 

[larmor]

Share price will only go up when institutions start increasing their holdings. Institutions are bothered by Elon’s erratic ness lately. Elon is bothered by the share price not going up in his mind due to shorts. It’s such a catch 22.

Just to reiterate its about the widget-- tesla is selling (producing, delivering) high priced widgets. Elon wanted to make the low priced widget first, but acknowledged that it is better for the company and investors to make the high end products first.

So the mission is to accelerate sustainable transportation, and the method is to make & sell EVs (& deliver them, derr). If there is something missing in this method, pls let us know. I have a spreadsheet and i know how to use it, i takes numbers not tweets.

Now please, i have to get back to the gas station to charge my phone, laptop, watch, tablet, etc...

 

[Cobos]

I'm curious about some tips. I missed the last fridays drop to 26x but now I'm considering buying around 10 stock. As a small fry I'd like to get as good a purchase price as possible. So you guys thinking it will get below 260 before it turns up again? Yes I know this is my responsibility but I figured discussing short term stock price is ok in this thread

 

[juanmedina]

We can only blame Musk's tweet for $12 bucks of the drop from $312.

 

[Highway2Heel]

The price action is predetermined. “News” is just a way to justify the action and scare retail.

Big news blows that thesis out of the water. Until we get big news, we’ll be blowing in the breeze until (institutional) bears let bulls take over to run the SP up so they can wash, rinse, repeat.

October is gonna be a tough month.

 

[Todd Burch]

We can only blame Musk's tweet for $12 bucks of the drop from $312.

Agree. The rest is market mental incompetency.

 

[ZachF]

Verry strange when Bob Lutz from GM make stupid video on Tesla the price of GM market doesn't Dip.
When Elon make one twitt everyone is against him and Tesla$ Dip

Lutz doesn't work at GM anymore.

 

[SO16]

Lutz doesn't work at GM anymore.

Too bad people wouldn’t point out to Lutz when he’s spouting his nonsense on Tesla that GM lost a 3rd of their value and crawled to the taxpayers for a bailout during HIS tenure.

 

[beachbum77]

Longs shouldn't be injured by short term moves.

Every investor has their breaking point. Only idiots do not set predetermined limits on losses. You can always get out and wait for another entry point. TSLA is enough of a rollercoaster to allow for this.

 

[nursebee]

For longs that add today, now, this am, WHY now, today, this am?

Are you familiar with the catching the falling knife analogy?

250 will only be known as support after it is tested a third time...

RS line approaching new low...

 

[mongo]

For longs that add today, now, this am, WHY now, today, this am?

Are you familiar with the catching the falling knife analogy?

I added at 370, I added at 350, today looks better than then. Q3 number come out soon. Why not add?

 

[AWDtsla]

For longs that add today, now, this am, WHY now, today, this am?

Are you familiar with the catching the falling knife analogy?

250 will only be known as support after it is tested a third time...

dollar cost averaging on unexpected fire sale.

 

[AlexS]

Today Bank of America set price target 200 and Evercore set 299. Royal Bank of Canada 315.