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Short-Term TSLA Price Movements - 2015
- Thread starter Robert.Boston
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There are some games going on...not completely sure who is manipulating what, but when was the last time we had 3million volume by 11:30. On track for a 9 million volume day based on Seeking Alpha, Inside EV and Benzinga....I think not. Reindeer games in full swing.
It should come as no surprise that Seekingalpha was the first one to write about this. Takes a special lack of integrity to make vague pessimistic assumptions based on one slide from a very bullish presentation.
I'm sure it's just a coincidence this nonsense was published when Tesla was about 10 cents from breaking through $265. Then again, it's always possible this was a bear trap. I'm sure many traders went short when Tesla broke $260.
I'm sure it's just a coincidence this nonsense was published when Tesla was about 10 cents from breaking through $265. Then again, it's always possible this was a bear trap. I'm sure many traders went short when Tesla broke $260.
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chickensevil
Active Member
Called it. I had a feeling that was what they were trying to imply with the slide. Sadly most people don't understand this. There was a lot of back and forth on the Model X dates for that reason too. Because Tesla would switch between stating that production would start on one date and that volume sales would come on another, later, date.
All of this isn't really surprising to me though, I am glad over all, we are getting our pullback that was needed in order to justify going higher because frankly, we broke through 260 far too easily and just stayed there.
What is really intriguing to me is that here we seem to have even more volume today trying to drag us down vice what we saw last Wed when we shot up.... and yet, we at most hit 258 today, and are currently floating on the 259/260 mark. I would buy now, as we all can see that the "news" is just an attention grabber, and is a weak sell off (even though people are really piling on to try). I don't expect it to actually go down to 255 and hold... so this might be the last buying opportunity at this level before we go higher toward 290.
Keep in mind July 1-3 we will get the Q2 numbers, Later in July we will get the design studio, August Q2 results, then deliveries in Sept (maybe a reveal shortly before that), and first stationary storage deliveries happening sometime later this year as well. If all they have for ammo is a single slide which has now been refuted by multiple people in the company, and we are still holding the ~260 level??? It is going to take a lot more than this to drag us down.
While we all saw this correction to that misinterpretation coming from a mile, really, Tesla management should have learned by now how careful they have to be with the words they use/put on (e)paper...
Bet TSLA
Active Member
Why should they? They don't care what goes on with traders day to day. They are, quite rightly, playing a long game. So it doesn't matter all that much what they say, just what they do.
I agree with mrdoubleb here. Tm is a public company with a PR/IR department that needs to have some input on how/what information is released and be very proactive if there is some deliberatly distorting of the information they do put out with a quick response.
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As to the price drop this AM: It does appear to be the FUD around the M3 release. I also saw this latest/greatest battery article come out about 7:30am EST and wondered if this affected it as well: http://fortune.com/2015/06/22/battery-tesla-challenger/?xid=yahoo_fortune
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As to the price drop this AM: It does appear to be the FUD around the M3 release. I also saw this latest/greatest battery article come out about 7:30am EST and wondered if this affected it as well: http://fortune.com/2015/06/22/battery-tesla-challenger/?xid=yahoo_fortune
FYI there is a thread on this announcement:
Rethinking Lithium cell production, implications for the GF
doggusfluffy
Closed
This is kind of interesting look at the NHTSA and the F-word...
This Is What The U.S. Auto Industry Calls A
Also a good read:
Solar Power for Everyone - The New Yorker
This Is What The U.S. Auto Industry Calls A
Also a good read:
Solar Power for Everyone - The New Yorker
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Johann Koeber
Happy Owner
doggusfluffy
Closed
ev-enthusiast
Active Member
I am sure a lot of you guys already know EVTV.
Thing is they have a new episode up saying that they took a Tesla motor and inverter and were able to give it the correct signals to start and stop the motor (link).
As far as I can see this is not a big issue, but I wanted to share here quickly.
Any thoughts?
Thing is they have a new episode up saying that they took a Tesla motor and inverter and were able to give it the correct signals to start and stop the motor (link).
As far as I can see this is not a big issue, but I wanted to share here quickly.
Any thoughts?
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JRP3
Hyperactive Member
ev-enthusiast
Active Member
Ok, all right
BTW great TMC thread about that topic, thanks for the hint!
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chickensevil
Active Member
*holds breath* looks like we are taking off on some buying pressure. Not sure what it is, but I won't complain.
ev-enthusiast
Active Member
While SP moved up right after the open today, there was some strange short and strong selling pressure after about 15mins after market open.
Looks like now SP movement resumes to the upside...
Update:
Some discussion in the media today about Tesla Motors global deliveries target for 2020 of 500000 vehicles and that this global delivery target seems to be more and more possible.
Looks like now SP movement resumes to the upside...
Update:
Some discussion in the media today about Tesla Motors global deliveries target for 2020 of 500000 vehicles and that this global delivery target seems to be more and more possible.
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