Mario Kadastik
Active Member
TSL still up with +4%, but that's because it was +11% pre-market
Seems like a general solar thing indeed, other tech stocks are up so I'd assume Nasdaq is not down.
-
Want to remove ads? Register an account and login to see fewer ads, and become a Supporting Member to remove almost all ads.
Alternative Energy Investor Discussions
- Thread starter ShortSlaver
- Start date
-
- Tags
- TSLA
TSL still up with +4%, but that's because it was +11% pre-market
Seems like a general solar thing indeed, other tech stocks are up so I'd assume Nasdaq is not down.i was expecting more then 5% seeing how they surprised and were even profitable, didnt even hit the 52week high on the spike up. odd price movement today. We will have to wait and see how it plays out as people might think its already priced right for the ER? Or the market still needs time to figure TSL out?
Last edited:
Mario Kadastik
Active Member
I doubt it's TSL's fault. The whole solar sector was sold down today at open. SCTY was down 5%, CSIQ, JASO, everyone and their uncle were sold down yet I had no clue why. They seem to have returned to green slightly now, but still muted. Anyone got any ideas what caused the total solar selloff?
If you are trying to figure out why the solar sector trades the way it does then good luck.
Buy and hold is the only weapon you have against the market makers in the solar sector. You are fighting an uphill battle if you are trading in an out of positions or looking for short-term profits. You have to be patient and ignore the day to day volatility.
Buy and hold is the only weapon you have against the market makers in the solar sector. You are fighting an uphill battle if you are trading in an out of positions or looking for short-term profits. You have to be patient and ignore the day to day volatility.
I really don't think the solar performance today has anything to do with TSL's ER. If that was the case TSL would not have been up as much as it was. Like sleepy said, this is just the way things go with solars. He's been tracking them for awhile so I'm sure he knows what hes talking about
Interesting development. That would make sense why chinese solars were hit today. Interested to see others thoughts on this.
Gtoffo
Member
So funny. I had a very small earnings play (puts) on TSL. Sold those a couple days ago and replaced them with December calls instead after doing some long hard research on earnings, and thinking they would be profitable. I guess that was the wrong short term move! Oh well, 90% of my money is in stock and leaps.
Still really irritating. I guess being profitable is no big deal. I really believe in Solar... but TSLA at 130 is looking might juicy atm. I hate being young and broke.
Still really irritating. I guess being profitable is no big deal. I really believe in Solar... but TSLA at 130 is looking might juicy atm. I hate being young and broke.
In the short time (1 year or so) if have been following solar, it seems stock movement in relation to earnings reports are very unpredictable short term (ie first 3-4 days). After a week or so the market seems to get it right. So, Jhall, while I could be completely wrong, I would hold onto any short term call's for December for TSL.
Yea, down almost 10% from the open (note: the open, not the prior close). Most solars have taken a hit today, but it apparently really pulled the wind out from TSL's report. Ah well, doesn't change anything long term.
Join the club, haha. I'm limited by portfolio size on how many companies I can realistically invest in. I have to keep it to 4 solars, which is about 2 less than I'd like
.And how was your move the wrong one? Your research found the truth about TSL. They were indeed profitable this past quarter. Theres still time for your calls to gain back
. The market is just being irrational today it seems.
Mario Kadastik
Active Member
So, are you buying. I have orders in below current ask prices for csiq, jks and Jaso. I am leery of Scty. So, I am holding at present on it. Also, having analysis paralysis about adding to TSLA. I still see trading range of 109-122 as distinct possibility
I have a few bucks on the side. I am not ready to buy until the NSADAQ shows its ready to make a run for 4000 again. Its working on a 2% pullback right now if today continues and if it goes below 3900 then i dont know what to think.
Also that negative article on Chinese solar plant spending obviously has solars in a spook. If the negativity continues and NASDAQ continues to fall, could be a long ride down.
Also that negative article on Chinese solar plant spending obviously has solars in a spook. If the negativity continues and NASDAQ continues to fall, could be a long ride down.
Last edited:
Similar threads
- Locked
