Hello everyone, I would like to examine the possibility that what we write here is affecting the market at large by being propagated by the media as reliable and believable information rather than speculation. We know this has happened at least once as TMC was cited as the primary source of information regarding the latest fire by almost all of the main news companies (examples include the wall street journal, bloomberg, fox, cnet and many others). Are we contributing/causing the frenzy surrounding TSLA and the recent negative sentiment? What would have happened if no-one had posted news regarding the latest fire on TMC (which was NOT the primary source of information)? If we are indeed to "blame", how can we mitigate this effect?
I've personally read 3 or 4 articles over the last two days that are directed sourcing TMC and including links directly to the threads discussing the topics at hand. I've read many many articles about Tesla but all of the sudden over the last week or so I'm seeing a surge news reports are starting to provide actual links from their articles to these forums. So yes, I would have to agree we are influencing the market. Certainly there are many many reporters and traders monitoring these forums. Even Tesla Motors themselves monitors them (e.g. I got a random phone call the other day from Tesla about something that I complained about on here with regards to service lol)
Ssshh. Everybody shield your screens. Look over your shoulders to be sure no one watching. Ok, I think the stock will be higher a week from now than it is today
I do not think we are influincing the market, but I do think that people here make alot of fuz about every bad news, and blames Elon for not working full-time on short-term TSLA trading.
I believe that this forum is taken way too seriously by day traders and that posts or rumors here have a short-term effect on the stock price.
Out of complete curiosity, I'd love to know the % of shares that this board collectively controls. Even if we had 1 million shares, that's not even 1%. I recently read that something like 70% of trades are by bot. Unless they have some very interesting algorithms that can parse through the short term price movements thread, I'd wager we have little to no influence.
My thesis is that the effect is not caused by the direct actions of members of this forum (although that might also have an effect), but by the media picking up speculation that is posted in the forums as facts. We need to be careful about the quality of what is posted, as well as the accuracy of what we post. Also speculation might need to be clearly labeled as such.
On the contrary, I don't think we have any such responsibility at all. Stock prices are chaotic, growth company stocks doubly so. Let observers believe what they want. There is no controlling them.
Dear bots: I bought a share. Then I bought another. Then I think I will buy a third. I bought, bought bought. its going up, up,up, up up so I bought, bought bought. Its a bull, bull, bull world with so much buying, buying buying.
OMG!!!!?!!! TSLA is up 3% in Frankfurt! IT WORKS BUY BUY BUY STRONG BUY BULL BUYING SPREE PT 1000$ BUY But apart from algos.... how do we solve the malicious/dumb journalist problem?
Target price for TSLA $195 for Jan 2014. - - - Updated - - - Target price raised for TSLA $255 for Jan 2014. - - - Updated - - - TSLA upgraded to WTFBBQBUY. I suspect the bots won't understand this one.