2017 Investor Roundtable: TSLA Market Action

[Tslynk67]

GTAT was my first ever trade in the stock market. This was after it crashed and was bouncing up and down for a few days. I bought 100 @ $2 and sold them a few hours later for 50% profit. Only day-trade I've ever done too...

Horrible story all-in-all, but didn't take a lot of Google time to dig-up a load of mess on the company's management. A little due-diligence would have saved a few people a lot of money.

 

[cranker2k]

I think this is the reason the price is "dipping": Has Tesla Got Enough to Fund Its Model 3?

To me, doesn't seem like a big deal. It should be positive.

 

[DurandalAI]

From my straw polling over 90 percent of TSLA bulls and shorts have not driven a Tesla.

Probably 95 percent of general populace have not driven a Tesla.

This is frightening to me.

More so for shorts.

A mere 5 figures in TSLA compared to some of you high-rollers, but I've never even rode in a Tesla. Sat in one in a gallery, but that's it. I own a 2012 Nissan Leaf SL, which is the "nicest" car I've owned. I've read numerous accounts of other Nissan Leaf owners who have bought a Tesla Model S, and love it so very much. Now admittedly, people tend to defend their acquisitions out of pride in some cases as they don't want to admit making a wrong purchasing decision. I can't imagine that all of them are like that, however. (I'm not. in 2014 I made a lot less money, bought a Nissan Versa, it was the worst purchase I've ever made. It's like I took $15,000 and flushed it down the toilet, and out came a crap-covered $6,000 car.)

That experience has forever tainted my opinion of Nissan, despite my loving my Leaf. Cautionary tale for Tesla on the reliability side of things...

 

[ZsoZso]

Is it a buying opportunity now, or wait a bit more for next stop 270 ?

 

[DurandalAI]

On this thought I also remember learning of the date which they contacted the bankruptcy lawyers and noting a large selloff on the same day even though it wasn't public information. It was that selloff that got me into the stock as I was thinking it was a buying opportunity. At this point I assume everyone else in the market has better short term Information than I do.

Years ago, I lost a few grand in Evergreen Solar. My learning experience was to just set a limit order that existed to preserve me from losing everything. Instead, I kept thinking "surely they'll recover" but they never did. I also have Evergreen Solar panels that now have worthless warranties. lol

 

[myusername]

Is it a buying opportunity now, or wait a bit more for next stop 270 ?

It's always a buying opportunity... you should always buy Tesla stock... because that one guy on TV said it's going to $1000.

 

[SwTslaGrl]

I added two shares at 377.83

 

[Starno]

It's always a buying opportunity... you should always buy Tesla stock...

Exactly

 

[Starno]

I think this is the reason the price is "dipping": Has Tesla Got Enough to Fund Its Model 3?

To me, doesn't seem like a big deal. It should be positive.

No, it's macro. TSLA follows the Nasdaq.

 

[Starno]

I bought shares friday, I'm buying shares today, and I will buy shares tomorrow.

Anywhere under 500 is a steal

 

[jhm]

Next stop $370?

 

[Starno]

Investors have just taken note that durable goods order came under expectations. The Fed's national activity index Chicago and the manufacturing index of the Dallas Fed are disappointing ... On the oil side, the barrel WTI slips again under $ 43. Orders for durable goods in the month of May 2017 in the United States decreased by -1.1% compared to the previous month, against a consensus of -0.4% and a decrease of -0.9% for the month of April (against -0.7%). Excluding transport, orders were established in + 0.1% compared to the previous month, compared with + 0.5% consensus and -0.5% a month earlier (against -0.4%). The US Fed's US National Activity Index for the month of May 2017 came out at -0.26, against +0.32 consensus and 0.57 one month more (Compared with 0.49 in first reading). The Dallas Fed Regional Manufacturing Index for the month of June 2017 came out at 15, against a consensus of 18 and a level of general activity of 17.2 a month earlier.

 

[Sanny]

Since GTAT discussion is happening and a lot of bragging is going on. Don't beat the dead horse. I personally burned a lot on that trade, maybe more than the majority here hold in TSLA and it was a great lesson and a part of growing up. Was I foolish? Sure! But thinking you are not is just hubris.

 

[JRP3]

But thinking you are not is just hubris.

Sorry but there is no comparison between the two.

 

[v12 to 12v]

I wonder whether this news is impacting the stock. It is just hitting the mainstream media.
5 reasons a Tesla music-streaming service is the best idea Elon Musk has had this year

 

[ValueAnalyst]

I encourage everyone here to respond to only those posts that reflect good faith (whether bull or bear).

We are responsible for letting some here distort the quality of discussion.

 

[jhm]

Investors have just taken note that durable goods order came under expectations. The Fed's national activity index Chicago and the manufacturing index of the Dallas Fed are disappointing ... On the oil side, the barrel WTI slips again under $ 43. Orders for durable goods in the month of May 2017 in the United States decreased by -1.1% compared to the previous month, against a consensus of -0.4% and a decrease of -0.9% for the month of April (against -0.7%). Excluding transport, orders were established in + 0.1% compared to the previous month, compared with + 0.5% consensus and -0.5% a month earlier (against -0.4%). The US Fed's US National Activity Index for the month of May 2017 came out at -0.26, against +0.32 consensus and 0.57 one month more (Compared with 0.49 in first reading). The Dallas Fed Regional Manufacturing Index for the month of June 2017 came out at 15, against a consensus of 18 and a level of general activity of 17.2 a month earlier.

Good thing Tesla is not an automaker. It was technology just last week when tech was taking a drubbing. It was in the energy sector last year when oil was taking a beating. So is now supposed to take its medicine with durable goods manufactures too?

 

[wnorris]

I wonder whether this news is impacting the stock. It is just hitting the mainstream media.
5 reasons a Tesla music-streaming service is the best idea Elon Musk has had this year

I laugh at every Matthew Debord written article that appears on BI. His articles are poorly reasoned click bait.

One can only hope that someone is paying him to put out slant pieces on Tesla.

 

[Doit]

I wonder whether this news is impacting the stock. It is just hitting the mainstream media.
5 reasons a Tesla music-streaming service is the best idea Elon Musk has had this year

No. This article is poorly written, BTW.

It's unknown as of now to what impact music streaming will be on Telsa/TSLA in the future. But I guess Elon Musk probably sees something we don't see yet.

 

[bdy0627]

I bought shares friday, I'm buying shares today, and I will buy shares tomorrow.

Anywhere under 500 is a steal

Gotta love the enthusiasm! I think Starno is our new TT007. BTW, I added some shares on the dip as well. Too many upcoming big catalysts to ignore.