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Gtoffo
Member
Well we got the first of my positive catalyst it seems...
Very good news. This also negates a lot of potential negative catalysts.Looks like we are all set for Model X!
chickensevil
Active Member
Looks to be trending down after the pop this morning... but it is holding out ok. At this rate I would put it at 261 - 261.50 closing price. But if we can hold out this should be a solid bullish signal to go ahead and continue on up. Hopefully we don't have a case of the Tuesdays tomorrow... With a giant intraday drop.
Causalien
Prime 8 ball Oracle
chickensevil
Active Member
You are the one with the "proprietary formula" you tell me!
But the beat on the "M" (double top) if we are basing this on closing price, will just need to beat 262.01... at least according to Google's historical prices.
Causalien
Prime 8 ball Oracle
You are the one with the "proprietary formula" you tell me!
But the beat on the "M" (double top) if we are basing this on closing price, will just need to beat 262.01... at least according to Google's historical prices.
There is my need to be right and become the Tesla prophet with my proprietary formula and then there's making money. Any time I can make more money I choose that.
chickensevil
Active Member
Soooo what you are saying is, your formula is wrong, but that's ok because we are all making money?
In fairness, didn't you say that news events generally messed up your formula anyway... I am almost positive that the report from last night is having an affect on the stock, combine that with the news released by Elon (intentionally or not) that China is now the number 2 country in the world for sales, pushing Norway to 3rd (go check out the social chat thread for the video) and that is a nice recipe for a jump. I believe this would fall under that 40% error in your formula
Causalien
Prime 8 ball Oracle
Yeah,
The day's not over yet though.
Anyway, I should mention how I usually trade this. Because of 60% accuracy, you can use martingale for bankroll management. but to ad extra layer of security, I usually don't do anything unless it's a bigger than one percentage move. On top of that, I only trade the direction and trust the magnitude less. So I wouldn't take out a strategy like a call spread with max profit at 1% then sell call at 2%. There's risk, then there gambling with something you don't understand.
The day's not over yet though.
Anyway, I should mention how I usually trade this. Because of 60% accuracy, you can use martingale for bankroll management. but to ad extra layer of security, I usually don't do anything unless it's a bigger than one percentage move. On top of that, I only trade the direction and trust the magnitude less. So I wouldn't take out a strategy like a call spread with max profit at 1% then sell call at 2%. There's risk, then there gambling with something you don't understand.
chickensevil
Active Member
Looks like unless something dire happens in the next 15 minutes, we are going to set a new ATH closing price... this should be extremely bullish at this point and I would expect a breakout and run... everything is there... it just. needs. to. happen. !!!!!
chickensevil
Active Member
Well, 262.55 closing puts at a new high for closing. Makes all of last week seem forgotten. I am cautiously optimistic that we will continue going up.
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OMG The FUD... It burns us, precious!
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OMG The FUD... It burns us, precious!
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MartinAustin
Active Member
That was a particularly good one... by which I mean ignorance of the realities... creative with the untruths... etc.
It would appear that Bloomberg is descending into click-bait. Even though the video header frame is a picture of Elon Musk, he does not appear in this clip... this is not an Elon Musk interview in case anyone about to click it thinks it will be. It's not. Just a couple of pundits waffling on.
I watched many interviews with corry regarding TSLA, and it seems that he is butthurt about TSLA.
Its always that he comes up with the most ridicous FUD claims.
"no time horizon for the second car"
WTF Model X has a clear time horizon.
While I like Bloomberg, corry seems to be the person that got there without knowing much about companies or finance.
I would expect people like him doing the talk on FOXNews, but not Bloomberg.
Its always that he comes up with the most ridicous FUD claims.
"no time horizon for the second car"
WTF Model X has a clear time horizon.
While I like Bloomberg, corry seems to be the person that got there without knowing much about companies or finance.
I would expect people like him doing the talk on FOXNews, but not Bloomberg.
chickensevil
Active Member
Haha That's so true I hadn't considered that. I was just doing a search for "Elon Musk" so it must have worked for me haha!
EldestOyster
Member
That was funny...I was watching the video, and when they got to the "declining sales" bit, I kind of rolled my eyes, and looking up above the video, I saw the comment:
chickensevil
Active Member
jhm
Well-Known Member
It's touching that these talking heads care so much to make complete ignoramuses of themselves. Meanwhile, the stock price moves ahead.
chickensevil
Active Member
Because I was taking the time to refute some other claims over in the Model S Delivery Sections I ended up making some rough guesses on how they still meet their production requirement of 9000 cars by end of Q3. Feel free to read the whole thing here: Delivery Delay - 2014 Model S - Page 4
The juicy bits:
I actually don't think it was nearly this dramatic of a drop, but just giving you an idea of an almost worst case scenario as they started the factory back up again and how they can still meet targets.
The juicy bits:
I actually don't think it was nearly this dramatic of a drop, but just giving you an idea of an almost worst case scenario as they started the factory back up again and how they can still meet targets.
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