Seeing as how I have lost more than 20%, I can answer: Yes. Since it fluctuates so much, I don’t freak out. And I am playing with my own money. You sound like your job depends on it and are gambling with other people’s money. Those two things probably weigh more on you than our situation. I’d be worried too if I knew that someone could come after me to “break my legs” after losing their money.
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Seeing as how I have lost more than 20%, I can answer: Yes. Since it fluctuates so much, I don’t freak out. And I am playing with my own money. You sound like your job depends on it and are gambling with other people’s money. Those two things probably weigh more on you than our situation. I’d be worried too if I knew that someone could come after me to “break my legs” after losing their money.
Causalien
Prime 8 ball Oracle
Elon should read up on Martin Shrkeli as a cautionary tale about twitting and taunting the regulators.
Off Shore
Off Topic Member
Hint: People who don't mind losing money.
GM is red also : NIO is red and all Markets is red actually see DJO and Nasdaq -1%
humbaba
sleeping until $7000
Okay, so it looks like $266 is the lowest low for today? NOT GOOD ENOUGH.
Shorts, I'm looking for <$250 (sure, this is a good buy already, but I need some really good justification for losing diversity). I've asked twice for drops and gotten them, c'mon, don't let me down.
Shorts, I'm looking for <$250 (sure, this is a good buy already, but I need some really good justification for losing diversity). I've asked twice for drops and gotten them, c'mon, don't let me down.
Hogfighter
Professional Lurker
We’re below where we were in July of 2014. Over 4 years ago.
I never would have thought that was a possibility, given all the accomplishments.
November 7th can’t come fast enough!
I never would have thought that was a possibility, given all the accomplishments.
November 7th can’t come fast enough!
Steady yourself for a relentless drumbeat of "It was a one-time engineered profit, not sustainable".
With a 40% tariff in place, I do not expect Tesla to ship Model 3's to China until the tariffs are reduced back to 15-20%. The tariffs killed S & X sales in August. Why send Model s 3's there when you can send them to Europe for immediate sales to eager buyers?
Don’t count on November 7th having that big of an impact. It will take the absence of the fed tax credit with continued strong sales and the payoff of some of those large debts to remove a couple major short thesis items.
sundaymorning
Active Member
I can’t wait for it either. From what I’m reading so far from “analysts”, I think the street will be shocked to see that Tesla has finally turned the corner. How’s the Hog Negativity Index right now?
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TheTalkingMule
Distributed Energy Enthusiast
Guest on CNBC just says people like Musk "aren't very good at taking constructive criticism or focusing on making the future better than the past". Lol
True. But on one hand you have a man who lives and breathes Tesla, much more than any of us; it's his baby, and he is fully aware how many people's prosperity - including employees - depends on the SP going up. So when Tesla manages to reach almost impossible production / delivery targets by pushing 24/7 and then the stock price drops because of comments on Twitter, something will snap. The frustration is obvious.
On the other hand, you have burned investors who used to cheer for tweets, but who now, after the SEC and pedo-guy episodes, freak out at anything EM tweets, regardless if it's something actually damaging.
I really don't think these low levels will continue until the ER. I agree the goalposts will keep moving, but eventually (possibly sooner than people expect, possibly before EOY) the tide will turn once actual investors see the light.
Hang in there, buy if you can. And of course: not an advice.
LOL... You need to keep up with the thread posts. We netted $440k in the last 7 days. All family money. I am personally back in off the sidelines with both calls and puts. I even posted a copy of one of my personal accounts at E-Trade just to prove my positions were valid, not fantasy.
If you supplemented your long shares with a small options strategy your losses would be much lower. Just a suggestion.
This right here. You either get it or you don't. Elon is in peak form and the squeeze will literally be a historic event.
Very different set of circumstances.
That guy was a real fraud.
Elon will win, though I don’t want to pay the price for it.
I am out until it sets itself with little risk
anthonyj
Stonks
Guys, do you know why are there so many shares available for shorting all of the sudden? Also borrow rate has dropped:
IBorrow Desk
There haven't been so many shares available for shorting since last year.
My theory is that weak longs / some institutional shareholders are dumping their shares and shorts are taking the opportunity for covering. Any thoughts?
IBorrow Desk
There haven't been so many shares available for shorting since last year.
My theory is that weak longs / some institutional shareholders are dumping their shares and shorts are taking the opportunity for covering. Any thoughts?
Completely agree. more on that, it's Elon's many unpopular business decisions get us here, including spending money on supercharing network, and the giga factory. He has proven himself a business leader.
I am really pissed with his pedo comments. I am not so happy about the funding secured one either.
But yesterday's tweet I see it's a rallying call for the supporters to fight the misinformation against Tesla. I bet they removed all the forward looking statements from the delivery numbers, due to SEC pressure, and then the SP got slammed because of that.
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