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larmor
Active Member
Just a reminder, everything on the internet is true.
If that's the case, then the breakout is false and it'll leading to lower SP than previous low 203. In true uptrend, negative news doesn't matter, remember the Citron news back to Feb?
I thought this was a good idea. I am the type who holds, and holds, and holds, if I have a loss, thinking, 'its bound to recover'. But after reading this, sold half my SCTY, thinking TSLA will bounce much quicker. Bought a 220 Sept/2016 and a 300 Jan/2018.
I do not believe this fall relates solely to the suspension issue. I think it's a combination of that, Macro, and the S60. Of the three, I think Macro and S60 are having the biggest impact. The S60 does bring questions of whether demand growth is waning. I for one think it is, but after thinking about it, I think the S60 will bring the demand growth back, albeit at lower margins. I still think it was the right call to do the S60. All in all, none of these issues are a big concern in the big picture in my opinion.
I feel very confident Tesla will keep making and selling awesome cars, and the end is not around the corner as the bears wish and seem to believe.
I feel very confident Tesla will keep making and selling awesome cars, and the end is not around the corner as the bears wish and seem to believe.
The market really still doesn't know that the Model X is now being delivered in force. It also doesn't really comprehend what is going on with the Gigafactory. At least, this presents a buying opportunity (yet again).
I would like to add, (as it seems harder and harder on where to post relevant information and this is probably the wrong place) I really liked Elon's blog post It was extremely communicative, and did not mince words. From an investor perspective, it is nice to see him obviously a bit annoyed at the shorts, hoping he might have a vengeful bone in him somewhere....
Drumheller
Active Member
Hmmm. My girlfriend, Jennifer Lawrence, told me that I should not believe everything I read on the internet. I don't know what to believe now.
Sparky
Member
Yup. Just saw an email that my entire short-term position sold at ~220.50. I went in big around 208-212 and set trailing stops on the march up to 240. Really was not expecting this big of a fall from this news. Gonna let it rest for a few days.
Well, again, the only upsetting thing should be that we could have bought in at a lower price.
But man, seriously, my luck.
Sold at 220, literally the next day it jumped to 230, then 240.
Bought in at 228, literally the next day it dropped to 219.
The only solace is that when this blows over, the rally upward should be pretty substantial.
Of course it won't be, because I just said that, and we all know by now how fate works.
But man, seriously, my luck.
Sold at 220, literally the next day it jumped to 230, then 240.
Bought in at 228, literally the next day it dropped to 219.
The only solace is that when this blows over, the rally upward should be pretty substantial.
Of course it won't be, because I just said that, and we all know by now how fate works.
JRP3
Hyperactive Member
Niedermeyer firing back, claims he did not start Tesla Death Watch, says more to come: www.breitbart.com/california/2016/06/10/exclusive-automative-blogger-attacked-tesla-investigation-come/
We've entered that time of day when volume shrinks and the shorts are using this lack of volume to try and push the SP lower. Great buying opportunity, but as always it's tough to call the exact bottom.
Edit: Breitbart.com referring to Niedermeyer as a "popular automotive blogger being attacked by Tesla" shows one of the weaknesses of the internet as an information source. Sometimes relationships between organizations overrule a desire to seek the truth. Niedermeyer is the victim is Brietbart's story. Sigh.
Edit: Breitbart.com referring to Niedermeyer as a "popular automotive blogger being attacked by Tesla" shows one of the weaknesses of the internet as an information source. Sometimes relationships between organizations overrule a desire to seek the truth. Niedermeyer is the victim is Brietbart's story. Sigh.
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JohnSnowNW
Active Member
Oh, I'm sure he has a lot to say...and whether he "started" Tesla Death Watch is going to be an argument of semantics, most likely.
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