Sadly, I don't think we can blame the shorts for all of this. Shares at IB have barely been touched. Even if fidelity i showing at 600-800k drop in available shares. With 10mm traded today. It appears to be mass selling.
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Sadly, I don't think we can blame the shorts for all of this. Shares at IB have barely been touched. Even if fidelity i showing at 600-800k drop in available shares. With 10mm traded today. It appears to be mass selling.
You don't have to agree or respect a different viewpoint, but I think it is childish to use words like "hater" because one assumes that market movers are emotionally "hating" a stock vs. just making bets based on their different viewpoints.
Besides, calling people names who disagrees with you just makes one a "hater"
CALGARYARSENAL
Member
Oleary's brother is an oil and gas executive. Enough said.
His price target isn't $333 anymore, he moved it down to $245 after solarcity was announced and removed TE and tesla mobility from his model. And he is refusing to add TE and tesla mobility back in even now after they are becoming far more tangible than his initial upgrade way in advance for TE and tesla mobility.
Johan
Ex got M3 in the divorce, waiting for EU Model Y!
SolarCity @solarcity 22h22 hours ago Westlake, OH
Thanks to all our customers! It’s been a great couple of months – we installed more solar than we expected including our 300,000th customer!
Thanks to all our customers! It’s been a great couple of months – we installed more solar than we expected including our 300,000th customer!
Elon just RT a SCTY tweet saying they installed more solar than expected + 300,000th customer. Let's hope people start to see the writing on the wall here...
Yes you can.
The stock ONLY goes down because of evil shorts.
The stock goes up due to visionaries.
I'm having a terrible day, I've lost a ton of money in options. I'm completely confused.. yet I had to chuckle at the gif posted in the comments section on the SC tweet. These days will come and go. Our thesis is stronger than ever. I think I'm going to grab some food, pretend the market doesn't exist for an hour and hopefully come back thinking a little more clearly. GL everyone.
With you. Bought N4, $215 on dip under $203.
If the shorts used the half million shares effectively today, it makes a big difference in the day's trading. Begin with an effort to top the SP at 214 today then lower it to 213 and then as low as you can get it EXACTLY LIKE THEY DID AFTER THE Q3 DELIVERY NUMBERS CAME OUT. This plan prevented a panic in the ranks of the shorts. Then you have small longs getting nervous because the SP is falling and taking away all the gains, and you have selling simply because the stock price is falling. You have algobots selling because the SP is going down, so there's really a multiplier effect from the work of the shorts earlier. The big institutional investors are saying, "Great, I'll just wait and pick up shares that are cheaper," so they're not helping matters any.
What we need is for Elon to let more of the good cats out of the bag and start the SP heading higher. If you can get the shorts worried enough to start bailing, the game changes. Let's see what news we get on Friday night and on Nov 1.
Thanks to all here who pointed out the (obvious, I know) arbitrage/underpricing of SCTY.
I have done really well with that!
Anyone think there is any real risk of it not closing and then taking a dive?
larmor
Active Member
SO did tesla, they recently announced pigs were going to fly, but apparently no one got the memo...
FredTMC
Model S VIN #4925
Nice play. I think we will have a nice bounce up into the close.
Any technicians in da house? Waaaay oversold intraday...
$201.65 was final LOD. Buh bye. That's all "they" get...
Mike Smith
Active Member
I hope Tesla has some sort of sales projections on Friday. Maybe even an announcement of a deal with a major homebuilder for solar roofing.
bdy0627
Active Member
It seems that the shorts won't become fearful until TSLA is capable of a big jump, which it won't do while still in the penalty box over SCTY. A change in sentiment over time with regard to Tesla is the answer to the penalty box. With small bumps in the SP, more shorts probably jump in thinking the stock is getting even more over priced and should go down when the dust settles. They are undoubtedly emboldened by most of the analysts continuing to doubt Tesla. Existing shorts hang on because it's not a bad loss yet and they are pessimistically optimistic that the stock will drop. This is the reverse of what we do when we ride out a drop. As longs, we can stay with it as long as we want. They probably can't do that as it rises substantially, but if they are convinced the SP will tank they will almost certainly ride out a modest rise (loss) of less than 7 or 8% I would guess. Seems to make some sense anyway.
I'm expecting TSLA to close at $205-210 tomorrow and $210-220 end of next week. Just my WAG that's probably wrong.
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