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Btw how was yoga class?
Curious question, what are you doing here in this forum if your method works?
Just wanted to share... pity I had charts which said we going down two weeks ago and couldn't post here
anyway if you look July monthly chart - black DOJI speaks for itself... ..
The fourth part is Gigafactory phase 1 complete.
Yoga was good. I stayed focused on my practice, and actually gave very little thought to Tesla in the moment.
Later with a fresh mind I read the shareholder letter and listened to the CC. Then I wrote this:
http://www.teslamotorsclub.com/show...015/page1084?p=1099095&viewfull=1#post1099095
Thanks for asking.
Just wanted to share... pity I had charts which said we going down two weeks ago and couldn't post here
anyway if you look July monthly chart - black DOJI speaks for itself... ..
Can you elaborate to a non-chart minded person? Thanks.
You could say the same thing about people investing the new dollars. Yes, those investments could pay off. But at the moment of printing dollars or capital raises, there is dilution.
The moment capital is raised, the company, and therefore shareholders, become owners of that capital, thus equivalently balancing the value of shares.
Actually they get both an asset and a liability which net out to zero equity, but if the company then puts that asset to work and gets a positive return, then shareholders are rewarded with more equity. Thus shareholder value increases over time if the capital is put to good use.
Bloomberg just put out a BS hit piece, full of tons of false assertions and vague criticisms of Elon's comments from the conference call, that basically ignores or misrepresents everything positive from the conference call. The author basically insists Elon is lying, or misrepresenting just about everything.
http://www.bloombergview.com/articles/2015-08-06/tesla-has-to-start-acting-like-a-car-company
Regarding Edward Niedermeyer's Bloomberg article Tesla Has to Start Acting Like a Car Company
Bloomberg Has to Start Acting Like a Responsible News Organization
I’m a retired financial journalist and am well aware that readers often interpret a newsmaker’s answers to questions as though they were scripted announcements. If a naïve question is asked, but the newsmaker nevertheless responds with a polite answer, he is not the one who is naïve. A good writer should understand and make allowances for this this, rather than feel compelled write an article (editorial?) that makes that writer appear to be either naïve or presenting a biased agenda.