flankspeed8
Member
Just had to laugh at CNBC....."Tesla shares in the red after downgrade........" But the graphic on the screen showed TSLA in the green by almost 3%. Must not have updated that copy quick enough.
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LOL.
I tried to stay away but the level of absurdity has gone from mere comical to just flat out disingenuous. Now, I'm not sure if I am allowed to use those words around these parts but just to reiterate what Lump is referring to - A certain individual on this forum has now not only claimed to move markets (by billions in market cap) through his words, but also the newest revelation that analysts from major financial institutions are plagiarizing his online diatribes in their investment thesis.
Let that sink in for a second.
Now, come to the realization that others are banned for "snippiness" when bringing this to light, while this... let's use an euphemism and call it hyperbolic story-telling is left unimpeded. On an investment forum where disingenuous claims can cause financial harm to others.
Why? Because he is on the same side of the trade as most here? Imagine a short spouting even a fraction of the absurdity and how they would be handled. Ridiculous.
shorts panicking a bit. They have to be looking for an exit whereas longs are settling in and getting comfortable.
Just had to laugh at CNBC....."Tesla shares in the red after downgrade........" But the graphic on the screen showed TSLA in the green by almost 3%. Must not have updated that copy quick enough.
Guys, the downgrade worked exactly as intended from the institutions' point of view. It slammed the SP down at the open in the face of good news, shook out the weak-hand retails, and the institutions swooped in and stole the shares from panic-sellers at 52-week lows. Then, as you'd expect, there's a massive reversal triggered by "market forces." The stock market is manipulated on a continual basis and it's especially apparent with high beta stocks hugely sold short, like TSLA. As I said a couple days ago, I think it's going to run up until earnings.
Moderator: This is not a debate between myself and my assailant. These insinuations are dishonest and a unilateral assault on my character.
I think longs are in for some much needed revenge. Personally, I cannot stand the makeup of a Tesla short. They have made yahoo message boards unreadable. It may be a small sample of the Tesla short mindset but I doubt it. I would certainly welcome $330 with open arms.FWIW $330 is a far more realistic 2016 PT, I would maintain my earlier thesis that we will see a brief late summer Q3 peak significantly higher than this at the crest of a short squeeze but $330 to exit the year with support at or near this level would be about right. Jonas was not wrong about the implications of Autonomous Fleet but suggesting it should weigh on the near term 2015/16 PT to $450-$465 is and was premature to the point of hubris.
I'm calling this a bottom. I think we enter our next leg up after ER given this price action. Too many catalysts in the short term. If we finish green on a day like today with so much downward pressure I think those are great signs for times to come.
This will be my last reply to you. Indeed there is no debate. You are being called out for absurd and ridiculous claims. The same way a short would be called out for spewing nonsense.
I approve this message and will post TA analysis later to give more proof. If we can close above 200, that would be very bullish sign.
"Tesla, GM and Delphi Best Stocks in a Worsening Auto Market" - Dan Galves of Credit Suisse