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When the intention is to manipulate the price, it is illegal. This type of behavior was the chief reason behind the 1907 panic that lead to the run on the banks when the Knickerbocker Trust was rumored to be insolvent after a failed corner of the copper market by the Hienz brothers. In the...

you mean like the Investment pools of the late 1920s; which later became the reasonfor writing the SEC act of 1934? Yeah. Not going to happen.

I hedged long, sold at a loss this morning. Will it hold 250 support? I recommend caution at this point in the overall market as well. My signals show a possible pullback in markets in the medium term - months. I am mostly in cash right now and 3 other names. Not putting a recommendation...

Agreed, Tesla is bucking the trend during amateur hour. It has successfully held the 260 level the last 3X it has touched it since sept. Barring any major news item, I don't see it falling below that. Will be interesting to see if it creeps up to its old support at 300.

He likes buybacks when they are at good prices, not high prices. He talks about this in shareholder letters. As for sustainable cash flow, It isn't here for tesla, and their existing cashflow problems are worrisome . He generally avoids high capex industries, and can't remember the last time...

I doubt buffet would ever consider adding tesla to his holdings - it quite literally doesn't fit any of the metrics he has written about in his shareholder letters. Large capex, large cash burn, very expensive and in a competitive rapidly changing field. He wants cheap/simple businesses that...

you guys are going to hate me, but I hedged my short with a buy at 262 stop loss 242. The stock held support well at 260, but it was close. Looked like buying/ short covering at 261.

From the short camp, I expect a gaap profitable quarter. My thesis rests on sustainability of those profits, so I'll fade any pop in the SP. I literally am sitting on cash as I have exited all but 3 of my long positions due to my opinion of the market. I suspect many short sellers are like...

Not yet. GT was a one trick pony which pivoted from one business to another without a contingency. Oh yeah, Tom sold shares a month ahead of filing. A lot of good people lost their jobs.

Musk if you read this forum: You have it all. You helped build successful companies and inspired many. You achieved the american dream. Don't blow it all and screw your shareholders because of hubris.

I don't think emotion and investing go hand an hand personally. I think of this as a bet based on the fundamentals and nothing more. I don't want people to lose their jobs, but the ability for a company to pay its workers is dependent on those who run it, not some people who pay premium on...

Shorting based on an event is risky, im not so sure most shorts bet big on binary events like this. I know I don't. I am still on the insolvency bandwagon personally. But I'd be lying if I said I wasn't going to consider long until q3. Nothing wrong with making some money on the way up, is there?

I won't. I manage risk first, and I am way on top on this trade so far. No need to get emotional about this :) Mod: As promised, I deleted that post. GG rule.

Sounds like sentiment is positive for this? Does it bother anyone that Musk will no longer be chairman of the company? Talk about a roller coaster for all sides. I'll be sticking to my short position obviously. I do expect a rally in the SP monday.

If we are talking about the structural viability of tesla’s business model, it is not there per the data we have up to date. Q3 withstanding, there is no long term evidence that the company can continue to exist as a going concern given the current debt due within a year, and capital...

This isn't some sort of uncertainty - the SEC suit is unambiguous vis: "This case involves a series of false and misleading statements made by Elon Musk, the Chief Executive Officer of Tesla, Inc. (“Tesla”), on August 7, 2018, regarding taking Tesla, a publicly traded company, private."

I think it has to do with the funding secured part - implying that a takeover bid had already transpired. In hindsight It clearly did not, as no buyer was ever found. Given musk's outspoken disdain for short sellers, a real case can be made for trying to goose the price by releasing false...

I wish they did. Believe me, we are on the same page there. What banks and related parties did in 2008 reflects poorly on where we stand as a nation.

I think that part of the swiftness of this is because the SEC is concerned with reputation. As I said earlier, what Musk posted on twitter was as public as you can get - and no buyer ever existed. If this is true, than he violated SEC regulations. Stock promoting was popularized in the late...

"Now the SEC pulls this to subdue the stock price even further, playing into the shorts hands and in effect defrauding real investors for the benefit of the shorts." The SEC could care less about short sellers. What I pay for derivatives ( puts) is irrelevant to how they operate as an...

I was responding to someone else talking about the share price. 0 would be beneficial for anyone who is short, but that realistically isn't going to happen outside of a bankruptcy filing and a major restructuring. I am curious, does this SEC suit change your opinion of the company? Are you...

I typically only go long on stocks. On all stocks I am long, I read the bear cases and message boards for each of them. In tesla's case, I believe in the short case and engage in some discussion with people with different opinions. I have been civil with my points of view and only look to...

I own puts, so the lower it goes, the happier I am. I am trying to be pragmatic here based on how the stock has reacted year to date. That said, I could see 200. I'd like to see 0, but I see this stock being even more volatile w/ higher volume going forward. Mod: Removal of post imminent...

The SEC is moving. I would expect the DOJ pile in later. Very risky holding this long. But I bet it will find support at 270, maybe 250. It won't be over as quickly as us shorts claim. Mod: Highly speculative for those who are fact based investors.

"If you don't understand last couple of sentences, or you don't believe them, you haven't read up enough on how to grow startup business. If so, I get it, you're dev. You're wrong though. I'm dev that has gone through few startups and picked up bunch of business on the side, which is why I'm...

The reputation has merit. You guys know how to throw down in Montreal as well. That liquor store right across from Mount Royal is an easy place to grab something and day drink at the tam tam. fwiw, Montreal is one of my favorite cities I've been too. The habs, less so.

I was actually reading about the differences of abstraction and interfaces in object oriented programming. A little less enjoyable than drinking. And plus its Tuesday. We all gotta get up in the AM! At least wait until Friday to crack open a cold one with the boys.

The quick ratio is a measure for a company pay pay back short term liabilities. Take total current assets ( less inventory) divided by total current liabilities. Anything less than one suggests the company cannot manage its short term liabilities. CFO is cashflow from operations although...

At the end of the day, its solvency risk - debt due at the end of the year and march 2019. The later could be paid with stock as i recall if the price is 350 or above. Quick ratio of .37, they need to garner CFO quickly. An equity raise could have helped bridge the gap, but with a DOJ...

I can only assume carebear was another less than desirable poster on this forum. I assure you I am not them. Someone is going to have to explain this one, otherwise I'll have to do a member search and see what they are all about. You got me curious now.

Most of life is how we chose to respond. I post here infrequently because this place represents a different view point than my own. If you wish to apply some label to it ( troll fud whatever) thats on you. Personally someone elses views don't really bother me. If the moderators want to ban...

So I initiated a short before earnings and certainly didn't see the response that would ensue after another bad quarter. Whats worse is I added again at higher levels only about an hour before funding secured. After observing the same pattern close to the ATH as before ( distribution per the...

I suppose short sellers and trolls are synonymous - or maybe we represent a different side of the story some folks might not want to hear. I don't care how you play this - but if the company runs through its second Chief Accountant who only lasted a month, this has got to raise red flags for...

"You really shouldn't admire the posters in the short echo chamber because they range from clueless to dishonest on fundamentals. I make no comment regarding short-term technicals, though. " I made my own decisions on the fundamentals without conferring with anyone else. What ended up...

I was responding to someone who called me out for lack of fundamentals after I posted a nice chart. As I said earlier, I shorted at the top of the most recent range at 324 last week and have not really regretted it - exactly as I said I would. Why am I here? Well I am short need a break of the...

I hate going with my gut instinct on stocks, but I kind of feel like this ones going to sneak out of no where and shock people - even us bears. That said, I let the charts do the talking. I initiated short equity at 324 and will probably cover before earnings if I can irk out a nice 20% gain...

No, the price volatility is too large, and volume does not contract on selling days , and actually increases as the price begins to rally. After a rally that is far too quick, the base pattern not only fails to break out, but nearly 50 million shares are sold onto the open market at the key 360...

I wish people would check their facts often. Amazon was profitable in 2003, or 5 years after their IPO. Source: Form 10-K for the fiscal year ended December 31, 2003 It would be nice if people attempted to check facts before making statements.