2017 Investor Roundtable: TSLA Market Action

[racer26]

As expected, 300 is proving to be a battleground price. I imagine above 300 there's not too many 'feel-good' number stops set.

 

[WarpedOne]

300.33
I saw, i saw a purrycat!

 

[1kEE]

I'm guessing solid 300+ close... I feel a lot of people on here agree.

 

[Driver Dave]

Caught 300... for a brief moment.

 

[neroden]

Remember these?
SolarCity and Silver Lake Kraftwerk Announce $100 Million Investment

They're in the money over $300. Wonder whether Silver Lake will hang onto its stake long term.

FWIW, $300 is a major "psychological" number and I'd expect a lot of resistance; a lot of people cashing out, a lot of shorts getting in. The fact that we've broken through it once already means it'll probably go up through $300 again. There are still several pieces of likely-good news coming in April...

 

[Gerasimental]

No hard bounce off 300. Does this indicate a lack of large limit orders?

 

[1kEE]

Nasty swings around 300... we expected that. The algobots must be going nuts, multi-dollar swings in seconds.

 

[neroden]

Nasty swings around 300... we expected that. The algobots must be going nuts, multi-dollar swings in seconds.

Well, they're really quite small swings as percentages. If Tesla had done a 10-for-1 split and this was swinging from 29.49 to 30.33, nobody would think much of the swings.

 

[MartinAustin]

Market caps -

Ford $45.11B
General Motors $49.54B
Tesla $52.08B

 

[MartinAustin]

Nasty swings around 300... we expected that. The algobots must be going nuts, multi-dollar swings in seconds.

But we're not seeing solid resistance at $300... it just flew straight through and has been confidently swimming around that boundary as if it were nothing

 

[Runarbt]

Market caps -

Ford $45.11B
General Motors $$49.54B
Tesla $52.08B

Out with the old, inn with the new. (Future)

 

[Ulmo]

Nasty swings around 300... we expected that. The algobots must be going nuts, multi-dollar swings in seconds.

And yet, bid-ask is tight! It's not like last year when bid-ask was a few dollars sometimes.

 

[racer26]

Market caps -

Ford $45.11B
General Motors $49.54B
Tesla $52.08B

Correct me if I'm wrong, but that would make Tesla the largest US automaker now, no?

 

[1kEE]

And yet, bid-ask is tight! It's not like last year when bid-ask was a few dollars sometimes.

The 2m volume in under 30 mins is keeping bid-ask tight.

 

[vgrinshpun]

4 shares available for shorting at Fidelity:

 

[Bobbyducati]

picked up more calls at 297. i think we break through 300 again shortly.

edit: damn, i jinxed the hell out of myself.

 

[Runarbt]

picked up more calls at 297. i think we break through 300 again shortly.

edit: damn, i jinxed the hell out of myself.

Only 0.5% below yesterday close.;-)

 

[MartinAustin]

Correct me if I'm wrong, but that would make Tesla the largest US automaker now, no?

For now.

And... next stop... Honda Motor Company, then BMW !!!

 

[1kEE]

The enthusiasm is contagious! Spent a few thousand on arp17-300 calls at SP 295.x and I'm just going to sit back and watch.

Consolidation day? Maybe a test of 300 later?

Maybe news pops up later in the week?

 

[neroden]

I've been sitting tight since last week and intend to continue doing so but I must admit it's fun watching the "ticker tape".