drinkerofkoolaid
Active Member
Was that a glitch?
No. If it was, the trade would have been canceled.
It might be significant to note, tomorrow will be 31 days from the day the offer for the merger was announced.
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Was that a glitch?
Side note: Someone just bought 100,000 shares ($20 million) in stock after hours.
Or someone sold 100,000 shares - is there a way to know whether that was one big purchase with lots of sellers on the other end or one big sale with lots of buyers on the other end?
Very easy way to tell if someone sold or bought 100,000 shares. In the after hours, if you sold 100,000 shares in the after hours, unless someone had a bid in place to buy 100,000 shares at the same time, your order would get registered as multiple orders.
I suppose it's possible someone placed a 100,000 share (all or none) order, but that also means someone was willing to buy 100,000 shares at a 2.5% premium at the same time.
Nope. That seems to have been a loon buying 70 shares way over market rate.Is this why after hours is showing $233?
It happened exactly at market close. It's just part of settlement process at market close. Happens every day.Side note: Someone just bought 100,000 shares ($20 million) in stock after hours.
Is this why after hours is showing $233?
And again, to make it clear to RobStark and others, I'm not opposed to technological advances, and I view them as inevitable. What I oppose is the near complete disregard and/or lack of planning on the part of government for offering help to those who are left behind by rapid change.
got 111 sharesSo the closing spread for Tesla over SolarCity is $4.10. This is the tightest I've seen it.
I think the basic market response to TMP2 is confusion and uncertainty, which triggers selling. As investors get a little more clarity confidence should return.
Huge buying opportunity, in my view.
Today's price action is kind of crazy. But, more I think of it, more it looks like a short bait. Let me explain why:
1) I do not think longs are bailing out, whether long term or short term. Even those with itchy trigger finger are most likely to wait until GF grand party. When longs crumble you will see it here on this forum. Many longs closed their position or became less bullish after SCTY acquisition announcement. I saw a lot of temper tantrums thrown around. I saw none of such sort yesterday or today and the response so far is overwhelmingly positive.
2) Shorts haven't shown any reduction in their conviction. They show absolutely no doubt or second thoughts about their position. Just check SA, they are as ebullient as ever.
3) As a result, some very smart institutional investors have released/ have been releasing their shares for lending until Acquisition vote date is announced. Their objective is to make money in borrowing costs and amplify the short squeeze. They threw the bait today and shorts took it.
In summary, both longs and shorts have held steadfast in their conviction. But, shorts who had hard time borrowing shares, could find some today and shorted them.
$500 kWh is crazy. Tesla announced a while ago that their pack cost is under $190 per kWh. That surprised quite a few people. I had previously analyzed their costs and $190 was the worst case price. I believe it's under $170 kWh.Thanks for the detailed response jhm. I agree with many of your points. I still think highway electrification offers cost, space, transport, and maintenance efficiencies. As battery tech continues to improve I would be happy to be wrong about this. I'll throw a few back of the napkin numbers out.
Based on your #s and the # of semi's in NA, Trucking Statistics - Truckinfo.net, the battery cost would be ~ 1000 kWh / 20% battery utilization x $500/kWh x 2.2M trucks = $5.5T. That's a lot of highway overhead charging line. Something like 90% of the trucking happens on 10% of the roadways, and main interstates and transcontinental highways are unlikely to relocate imho.
Create a smoothly integrated and beautiful solar-roof-with-battery product that just works, empowering the individual as their own utility, and then scale that throughout the world. One ordering experience, one installation, one service contact, one phone app.
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Now that Tesla is ready to scale Powerwall and SolarCity is ready to provide highly differentiated solar, the time has come to bring them together.
Currently state of the art car factories spit out a car about every 27 seconds. Five times as fast in six years is huge! The market is failing to factor in the reduced costs of panels (we know that solar is going to the the cheapest energy source) or the reduced costs of batteries. By 2017 I think he means that they will be producing an M3 at about a rate of at least (using 5x as the goal) one car per 23 seconds and about every 20 seconds by 2018. But the market is foolishly counting Tesla's ability to produce cars as a negative! Wait until they apply the same methods to panels! The skeptics will be peeing in their shorts.What really matters to accelerate a sustainable future is being able to scale up production volume as quickly as possible. That is why Tesla engineering has transitioned to focus heavily on designing the machine that makes the machine -- turning the factory itself into a product. A first principles physics analysis of automotive production suggests that somewhere between a 5 to 10 fold improvement is achievable by version 3 on a roughly 2 year iteration cycle. The first Model 3 factory machine should be thought of as version 0.5, with version 1.0 probably in 2018.
Long-term investor or short-term trader, (thread title btw) two opportunities to make a killing isn't of interest you?Why would any long-term investors care about short-term short squeeze?
That looks to me like another fallacy that gets perpetuated here with not much rational justification. How would big hands benefit? Get SEC chasing them for market manipulation?