2017 Investor Roundtable: TSLA Market Action

[neroden]

In the actual interview he said that he believes that you should limit your investments to 2-3 investments because that's the limit of of what you can understand really well.

Yeah, my limit of diversification due to *ability to research* seems to be roughly 7 investments right now. Though two are easy (one is a fire-and-forget merger arb, where I only had to do the research once and it either works or it doesn't; one is a super-stable non-leveraged real estate fund, kept as diversification against general stock market downturns other than the sort which happened in 2008, and yes, I do read the actual list of what buildings they own). And I suspect I'm not paying enough attention to two of them.

My grandmother could usually handle 10 investments at a time but I think that is really the limit for almost anyone. And that counts separate positions in "baskets" separately, which is probably not correct in terms of attention: if you're trying to span an industry because you know the industry is good but you don't know which company will win out most, and you buy the 3 stocks in the industry which you think are most likely to do best, you're really only doing one set of research.

 

[MitchJi]

@Jayjs20 I noticed that TSLA is down in the premarket by almost $2.

Please don't sell your TSLA stock! It'll go up eventually, probably fairly soon.

Remember that you can't lose anything unless and until you sell it for less than you paid for it.

 

[1kEE]

@Jayjs20 I noticed that TSLA is down in the premarket by almost $2.

Please don't sell your TSLA stock! It'll go up eventually, probably fairly soon.

Remember that you can't lose anything unless and until you sell it for less than you paid for it.

I should have bought in the premarket if it was down $2..,..

 

[1kEE]

Any info on stock availability for shorting?

 

[Nate the Great]

Shares 141,918 @ 2.000 %

 

[Tenable]

IB 222k @ 2%

 

[Nate the Great]

Any thoughts on todays trading?

Market is red (DOW, NASDAQ, S&P 500)

 

[1kEE]

Overall markets down, I'm assuming the shorts will take advantage of that. Resistance at 240, support maybe at 235.

I'm thinking all week the big markets will be choppy.

 

[vgrinshpun]

There was at least 97K shares borrowed for shorting pre-market at Fidelity. I was expecting much heavier activity. Not much conviction among short sellers.

 

[racer26]

Am I the only one thinking this looks an awful lot like the pattern we saw Tues/Wed/Thurs last week?

 

[1kEE]

Am I the only one thinking this looks an awful lot like the pattern we saw Tues/Wed/Thurs last week?

I'm trading it as such.... getting a good deal on options was not happening this morning so I piled into stock.

Time will tell if it will behave like last week. I'm not discounting the possibility of Nasdaq being down every day this week.

 

[AlMc]

I am not sure that this will affect the SP but it is something an investor should know

Model S Safety Update

 

[gene]

I am not sure that this will affect the SP but it is something an investor should know

Model S Safety Update

I received an email about this from Tesla minutes ago. I believe Takata pays for all these replacements, so I'd expect little change to stock price. Though my first thought was, "yes, here comes a buying opportunity!"

 

[racer26]

The Takata airbag debacle has hammered the whole industry. Their inflators are so ubiquitous that basically every manufacturer got caught up in this mess. I really doubt it would have any effect on SP, since Takata problems are well known at this point, and Tesla is taking a very pro-active stance by going beyond what Takata has officially recalled.

 

[racer26]

At the risk of sounding overly optimistic: we seem to be showing strength in the face of macro headwinds.

 

[dmckinstry]

At the risk of sounding overly optimistic: we seem to be showing strength in the face of macro headwinds.

Don't jinx it now. I'm not even going to look until after market close.

 

[Skryll]

Here is what I worry about the most:

Trump is a randomizing factor that can cause havoc or overall be ok, especially when the focus shifts from subsidizing fossil fuels to supporting all american manufacturing . Some of his assignments into offices are the worst case, i.e. EPA. Not sure how much of that is him or the republican party around Pence. But there also is Peter Thiel and the board of advisors including Musk for SpaceX that could swing away from stubborn fossil fuel support towards what makes economic sense, i.e. innovation on renewables and transportation. The thing that I see as the most threat to Tesla politically is if Trump gets impeached, but Pence stays to be the president, and he may just not care about Thiels input and private sector driven innovation but rather go back to supporting existing strongholds of power suppressing private sector innovation, i.e. military, fossil fuel exploitation, big established space technology companies that got fat contracts before instead of trying hard to innovate to lower cost.

 

[1kEE]

Yawn, that was a dull day hahah. I tried trading our usual pattern, would have come out pretty well if I sold mid-day.

 

[moe.salih]

I made this tool that pulls the daily chart from stockcharts.com with important technical indicators in realtime and refreshes every 15 seconds. It also supports multiple stocks and switches between them every 15 seconds.

http://lab.moesalih.com/stocks?tsla
http://lab.moesalih.com/stocks?tsla,nvda

I thought I'd share it in case it's useful to anyone else.

 

[ricardocabesa]

Heading in the right direction at today's close. I won't buy above 230,so maybe I'll have an opportunity later this week.