jesselivenomore
Member
GUYS THEY GOT NFLX TOO! Stock market boogeyman is everywhere...
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View attachment 215896
whoever controls bot that's been working this stock for 2.5 months.
or did all you retail longs get on the phone this morning and decide 281 was the new "perfect" price for the stock just before the open?... and yesterday you guys got on the line and decided 279 looked "really good"?... or randomly, about 15 times in the last 2.5 months you all got on the phone and said: "hey, right at the open this morning... let's move the stock up $8 and hold it there until the upward trendline catches up to it... and then do it again"
i expect this will run out of steam today.
So we closed the gap to yesterdays close. Now do we get to move up for real?
All the rumours we've caught wind of, about factory status, about Model 3 status, and all the other future products, they all seem to be going well. I've not heard a single negative rumour that had any substantial evidence behind it.
View attachment 215896
whoever controls bot that's been working this stock for 2.5 months.
or did all you retail longs get on the phone this morning and decide 281 was the new "perfect" price for the stock just before the open?... and yesterday you guys got on the line and decided 279 looked "really good"?... or randomly, about 15 times in the last 2.5 months you all got on the phone and said: "hey, right at the open this morning... let's move the stock up $8 and hold it there until the upward trendline catches up to it... and then do it again"
i expect this will run out of steam today.
we know it's not short covering. short interest remained steady through the entire run up. institutional holdings reported from the 13Fs shows a net increase of about 6m shares... new vs sold out:Are you even looking at your own chart? Price hasn't been following that trendline since end of January.
Also instead of constantly implying something nefarious is going on, you realize that this is most likely just caused by funds accumulating(at a constant rate), as we've already starting seeing in the most recent 13f filings. Just as price was pressured as funds exited leading up to the SCTY vote, and perhaps Trump election, those same funds may be chasing back in. People are allowed to buy, you know, without it being some grand conspiracy. You honestly sound like this is the first trendline you've ever seen.
UAW situation began to play out years ago, and has had numerous reprisals, of which this one is simply the latest act.One concern I have is the potential for a worker strike stopping productiion. The UAW issue hasn't begun to play out yet and with M3 pressure, they have leverage if they can get enough employees to sign a union card.
A big part of the recent price surge is clearly due to funds/institutions buying TSLA. It's not because they were not aware of the potential catalysts, but because they were waiting for those catalysts to become imminent.Thanks @Gerardf.
Thought this was an interesting tidbit from the article:
"Recent filing data shows mutual funds increasingly betting on Tesla. The number of funds reporting new positions in recent quarterly filings has jumped 79 percent, while the number of selling out dropped by 44 percent, according to Morningstar."
UAW situation began to play out years ago, and has had numerous reprisals, of which this one is simply the latest act.
The employees aren't that dumb. Unionizing is universally bad for them. It will cripple Tesla by restricting its freedom to reallocate employees where they're needed on the fly, demolishing the value of their stock options - the single most valuable compensation vector they have.
To convince the employees to unionize, the union would have to be able to get enough increased compensation from Tesla for the employees to cover the dues + whatever reduction in stock value it causes, else it just costs the employees money for no reason.
The only thing a union is good for is forcing a company to do what is in the interests of its employees. Tesla already does those things for the most part, and is willing to entertain discussion about their shortcomings. There is no value for the employees in unionizing, so they won't.
I will grant you that it has marginally more legs now that we're on the cusp of Model 3, but not significantly so.
When forced overtime is in place for months at a time, employees attitudes change. IMO, this is coming to a head at an inopportune time for M3 and is somerthing relevant to keep an eye on. Who knows what will happen but if I was working 60+ hours a week with my job on the line, I don't see my family anymore and no forseeable relief is in sight, I'd consider that the universally bad situation.
As long as forced overtime is coming with the corresponding overtime pay, most people will put up with it. Its a corporate culture thing. Building the future is not a 9 to 5 job. Some people can't or won't hack it and shouldn't work for Tesla.
If they unionize? Its a humongous blow, and could kill the company. Tesla's agility is its greatest asset, and unionizing will destroy it. I choose to believe that the majority of the employees understand that.
Tesla Gains Due to Elon Musk's `Superhero Status' -- Market Talk
DOW JONES & COMPANY, INC. 8:49 AM ET 2/22/17
11:49 ET - The rise in Tesla's (TSLA) shares is attributable to the myth of its CEO and positions it to raise more cash, says Barclays. TSLA is up about 50% since it closed a deal to acquire SolarCity in mid-November. "The recent run- up in Tesla stock has less to do, in our view, with anything around the near-term financials, and more to do with the nearly superhero status of Elon Musk," the investment bank states. TSLA says it has enough cash to bring out the new Model 3 later this year, though Musk has left open the possibility of raising more, and Barclays assumes he will, saying, "We would not be surprised to see a $2.5 billion raise." TSLA reports 4Q results after the close.
Huh? Its excerpts from a Barclays note put out his morning.Another "Journalist" that doesn't know much about TSLA but writes an article on the company.
Huh? Its excerpts from a Barclays note put out his morning.
What did Musk do in December 2015 to catapult him into superhero status? Was he not already a superhero in Early 2015? Early 2016? Late 2016? It's not like Elon Musk has only just become cool. This is a really weird argument from a respected institution like Barclays.