Recent content by Mr. Farmer

TSLA will probably open in the 160's tomorrow. Wish I were paying attention today, probably missed my chance. I'm more interested in the fact that institutional ownership just dropped from the high 70%'s into the high 50's this month. In the past the low liquidity has kept selloffs from...

Done watching TSLA for awhile... Could be sideways for next month. Found my towel, but bought more Sep SPY puts none the less. Rates up, gold up again. A drop to DOW 14,600 would confirm the upcoming head and shoulders pattern in my book.

TSLA just had a 16% pull back and a bounce off the 20 day moving average. That is why.

I'm talking about George Soros shorting the whole market today. Remember when interest rates started rising? There was no mention of a taper then - interest rates are low, monetary inflation is not. After mention of the taper, Gold would go down when interest rates went up because people...

Actually no, scratch that... I wish I were paying attention to more than just TSLA today. The market is going to be down HUGE tomorrow. 500-1000 points I'm guessing. I think people are betting on the US debt crisis finally happening with both gold and interest rates rising together. I sold...

I also closed out half of my puts for a weak profit and bought some $140 1 day calls. There is now a $5 buffer between the market close and any significant amout of stop loss triggers, so day trade shorts probably won't be able to reach them and it seems like the bears are afraid to short for...

Today's close: 138.25 - - - Updated - - - First jump = Daytrade short covering. Second jump = Daytraders going long...

The bonds are not convertible until TSLA hits $180. So those who bought at $93 are going to consider if TSLA is worth $180. While I think it will hit $180 this year, it's better to make money and pay taxes than not to make any money.

Will I get my shares back? I'm getting close to the money... It will be interesting to see if those 2.9M actually hit the market tomorrow. The day traders could be playing a $400 million game of hot potato the last half hour before market close. If this happens I should be able to buy my...

Didn't think about this effect, but I believe you are correct.

Well you know I'd hate to see any of the next 4 be boring ;)

Looks like the day traders were short today.

On profit taking by weak longs, I agree. I bought some AUG 17 $145 calls about a month ago when the stock was at $108. What I was predicting was that people were going to want to buy before earnings on anticipation of a repeat of Q1, and that the time value of my options would hold until the...

I was referring to the price of options now that earnings have been released and expected volatility has decreased. I'm not short, at least not the stock but I do think the next short term direction will be down, stocks go down sometimes too. I've never actually shorted any stock-- The...