2017 Investor Roundtable: TSLA Market Action

[MartinAustin]

Model 3 anticipation, and Tesla's "Trump-safe" position due to Elon's acitivities in those presidential panels.

I think some are prepared to get in before TE profits are revealed. Anticipating future performance, as the standard procedure is called.

When it was at $287 I was wondering what it will do when it reaches $291. Stay there for a while? Or just blow through? I think we will be at that position before the end of the week.

 

[erthquake]

Full steam ahead? No...
The horses have full rein? No...
Anchors aweigh? No...


Got it. "Revving up!"

Fully charged?

 

[JRP3]

Fully charged?

Dead short?

 

[erthquake]

Dead short?

Ha! I almost did a spit take on that!

 

[geneclean55]

TSLA forming an ascending triangle on the 5 min.

 

[sunhelm]

Agree, why risk capital this low, we have not broken all time highs yet nor has the short covering rally began.
I would expect to see capital rising north of 450 and with this short interest that will be sooner than later .

As I said Monday pre market, am expecting to see all time highs broken this week and am aggressively positioned for it with exposed 290 weekly calls.
There is no technical resistance left till 290s

Do you foresee a repeat of Monday pop next week due to MM's defraying options this Friday?

 

[GBleck]

Define blowout.

I believe that 4Q will be GAAP profitable for TA/TE (ie. The part of the company that used to be Tesla Motors Inc.). SCTY will probably still show ridiculous GAAP losses because of how the old GAAP rules accounts for the PPA contracts.

I believe the slightly lower serial production of cars is balanced by the increased margins of increasing AP price, increasing destination fees, discontinuation of X60, greater mix of P100D, etc.

TE will finally contribute a non-zero number, likely large enough to offset the ZEV blowout in 3Q.

I thought they could switch to the new GAAP this quarter?

 

[racer26]

I thought they could switch to the new GAAP this quarter?

My understanding is that they can switch for the first report of financials derived from data belonging to 2017 (ie. the 1Q17 ER, not the 4Q16 one).

 

[Waiting4M3]

Fully charged?

High potential.

 

[Driver Dave]

Fully charged?

Ludicrous++ engaged.

 

[GoTslaGo]

Clearly you should never listen to @AlMc for short term TSLA movements.
Glad that idiot was wrong

Based on the recent trends your prognostication for a flat day would be reasonable. I.e.--I thought the same. So same idiot here!

 

[Chop110]

For better or worse, I am back in on Tesla at 282... Watch it tank now... followed by a 20 point surge after I sell...

 

[Peoria]

For better or worse, I am back in on Tesla at 282... Watch it tank now... followed by a 20 point surge after I sell...

I see you have the same market skill and timing I do. 282 looked tempting to me also but I am waiting to see where we go over the next 30 minutes. Thinking I can get in lower during last 15 minutes.

 

[EnzoXYZ]

I see you have the same market skill and timing I do. 282 looked tempting to me also but I am waiting to see where we go over the next 30 minutes. Thinking I can get in lower during last 15 minutes.

You guys got guts! I'm looking for south of 220.

 

[austinEV]

You know what? I started reading it more closely and read the whole opinion. I highly recommend it.

This judge just EVISCERATES the plaintiffs' arguments. It's beautiful, really. It's rare to see a judicial opinion that is so definitive and protective of a party, especially a corporation. Usually it's the judge acknowledging that the company could have done more, should consider being clearer, etc., but the plaintiff didn't state the claim adequately/precedent supports the defendant on balance, etc. But no. He just blasts the weak arguments again and again without mercy.

Literally, this is the same thing as a frothing at the mouth short laying out all the bear talking points to a disinterested and intelligent third party (i.e., judge) and the response is just "nope!" In a strange way it reinforced all my reasons for staying long on TSLA. The judge answered all the talking points in pretty much the exact same way I would respond - and have been responding - on this forum. I bet the judge put Haque on Ignore after issuing his opinion, too.

Not really the right thread, but I too gave that a read. It is indeed a work of art, systematically debunking a pretty well constructed "fake demand" theory.

 

[geneclean55]

Bearish volume trying to get a red close

 

[austinEV]

Bearish volume trying to get a red close

Another photo finish, like Friday. Green is good. Consolidation is healthy.

 

[T3slaTulips]

That sure was a lot of action for a tiny result.

 

[ggies07]

That sure was a lot of action for a tiny result.

That's what she said.......

 

[T3slaTulips]

That's what she said.......

Was waiting for a hit on that slow-pitch.

The close was a lot less exciting than the open today.