2017 Investor Roundtable: TSLA Market Action

[1kEE]

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".

It is quite addictive. I need to control myself and not repeat my usual mistake of accumulating an uncomfortable position while having this kind of fun.

Unlike some people, being 1m on margin isn't for me LOL..... the 6 contracts of weeklies is it for me this morning!

 

[Richgoogol]

bought more @ 296.11

 

[T3slaTulips]

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

If you're getting those numbers from google you might want to take them with a grain of salt. My simple math of shares * price still shows TSLA around 48bn.

 

[1kEE]

If you're getting those numbers from google you might want to take them with a grain of salt. My simple math of shares * price still shows TSLA around 48bn.

Yahoo shows 48B as well.

 

[Bobbyducati]

starting to get excited again, seems like it followed macro movement and is ready to break out again (pleassssseeeee).

edit: break out over 300*

 

[T3slaTulips]

Clearing through 300 now. Unleash the memes!

 

[KnowLittle]

Here is the shorting availability at IB -- looks like 100K shorted since the morning.

 

[neroden]

It is quite addictive. I need to control myself and not repeat my usual mistake of accumulating an uncomfortable position while having this kind of fun.

Thankfully I first started watching the ticker tape when I was underage and couldn't make trades, so I long ago eliminated the temptation of making trades just *because* I'm watching the tape.

 

[Muaddid]

Did we just ignite stage 2 ?

 

[1kEE]

Momentum, unhindered by the 300 barrier!

This was a juicy morning dip...

 

[TheMrX]

oh my god that feels good after two years of waiting for that barrier to be crossed!!

 

[neroden]

Cracked $303.

 

[jeewee3000]

I got out with 1/3 of my portfolio at 289 yesterday to take profits.

Put that money back in again at 296 this morning after analysing SP movements. Glad I did!

Still scared of a pullback though, would make my missing out on the 289-296 rise extra hard to accept.

 

[Bobbyducati]

currently up 330% since friday. holy hell. this is quite the ride. im definitely a short term trader so i need out soon, but oman, is this juicy

 

[FredTMC]

Nice low volume pullback here... down to $301

Can you guess what happens next?

Momentum trader dream stock right now...

 

[Bobbyducati]

just closed everything out, was about to cnacel my order and it went through. owell. Will look for another opportunity. feeling great regardless.

 

[dw4ngg]

This is screaming $310

 

[AudubonB]

Yeah, but #2, #3 and #4 were all wrong.

Now, THAT was a hit below the Bollinger Band, I tell you.

 

[SolarUnderwood]

The question I keep asking myself is where is this going to peak at then consolidate down to?

What bad news can stop this surge?

Thoughts? I'm very curious to know what you all are thinking.

 

[racer26]

Be an awfully nice time for that Solar Roof ordering and pricing information to come out...