ev-enthusiast
Active Member
Some money flowing to Twitter (Tuesday), SolarCity & FaceBook (Wednesday), LinkedIn (Thursday) and others reporting their quarterly results?
You can install our site as a web app on your iOS device by utilizing the Add to Home Screen feature in Safari. Please see this thread for more details on this.
Note: This feature may not be available in some browsers.
Some money flowing to Twitter (Tuesday), SolarCity & FaceBook (Wednesday), LinkedIn (Thursday) and others reporting their quarterly results?
$262 was a point of resistance and was not defended aggressively.
When I see 'red' in the portfolio I have a tendency to loose what little mind I have left. Thanks for the correction. What are your thoughts on the reason(s) for the rather large drop today?Did you really mean resistance, or actually support?
Maybe some stops were hit at $260.
Only recent news I can find, might be this?
China Combines Knight Rider,Â*Tesla To Make Ultimate Model S Knockoff
Pretty sure that's a Tesla Model S with a random, amateurish bodykit stapled on, and some fancy photoshopping on the interior.
Also pretty sure this car/company doesn't really exist as "reported." So, if that explains the dip, I would expect a fast rebound.
You don't lose until you sell. If you aren't selling, just take the punches. Pretty sure we've all been there if not worse.
When I see 'red' in the portfolio I have a tendency to loose what little mind I have left. Thanks for the correction. What are your thoughts on the reason(s) for the rather large drop today?
That speculative story about a possible Chinese knockoff of a Model S coming out next year may have inspired some FUD elsewhere and selling by funds with the help of their algobots, especially Chinese funds. In turn that may have triggered a cascade of toppling dominoes as the stop limits of weak longs were hit. A significant rebound usually follows such a scenario.
Even if such a Chinese car is eventually produced, it may not approach anywhere near the quality of a Model S or the standards of the US government without costly improvements. That’s not to mention the need to develop a production facility, source for batteries and charging infrastructure.
Remember that Elon hopes to see more companies building electric cars. The idea is to become a small frog in a big pond rather than a big frog in a small pond. In the long run being the former should be much more profitable. Meanwhile please try not to “lose” your mind or more of your assets may get “loose”.
That speculative story about a possible Chinese knockoff of a Model S coming out next year may have inspired some FUD elsewhere and selling by funds with the help of their algobots, especially Chinese funds. In turn that may have triggered a cascade of toppling dominoes as the stop limits of weak longs were hit. A significant rebound usually follows such a scenario.
Even if such a Chinese car is eventually produced, it may not approach anywhere near the quality of a Model S or the standards of the US NHTSA without costly improvements. That’s not to mention the need to develop a production facility, source for batteries and charging infrastructure.
Remember that Elon hopes to see more companies building electric cars. The idea is to become a small frog in a big pond rather than a big frog in a small pond. In the long run being the former should be much more profitable. Meanwhile please try not to “lose” your mind or more of your assets may get “loose”.
That speculative story about a possible Chinese knockoff of a Model S coming out next year may have inspired some FUD elsewhere and selling by funds with the help of their algobots, especially Chinese funds. In turn that may have triggered a cascade of toppling dominoes as the stop limits of weak longs were hit. A significant rebound usually follows such a scenario.
Even if such a Chinese car is eventually produced, it may not approach anywhere near the quality of a Model S or the standards of the US NHTSA without costly improvements. That’s not to mention the need to develop a production facility, source for batteries and charging infrastructure.
Remember that Elon hopes to see more companies building electric cars. The idea is to become a small frog in a big pond rather than a big frog in a small pond. In the long run being the former should be much more profitable. Meanwhile please try not to “lose” your mind or more of your assets may get “loose”.