I guess I was wrong in my other post. When it comes to running a company, Elon is either stupid or on drugs. His tweet it appears was not based on fact and now has possibly committed stock manipulation. Of course now the stock is in a free fall so I think this is the beginning of the end for the company as we know it today.
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Stock breaks down below 300
- Thread starter Hitman007
- Start date
Dan Detweiler
Active Member
Graffi
Member
I was thinking the same thing.
Question: What is the easiest, and cheapest, way to acquire Tesla stock? All my investments have been through Mutual Funds or Private Placements. I do not have a stock broker on call.
Thanks for the info. I want to buy Tesla stock, not because I own an S and have a 3 on order, but because I believe in the future.
Cheburashka
Active Member
Robinhood is best for this because it is 100% commission-free. The UI is very very good as well.
Join Robinhood and we'll both get a stock like Apple, Ford, or Sprint for free. Make sure you use my link. Robinhood
Dan Detweiler
Active Member
Appropriate screen name. I assume Short007 was taken.
gilscales
Banned
Copied from an Electrek article
"Electrek’s Take
As usual, let me preface this by saying that I am not a stock market expert and you shouldn’t base market investments on my advice.
That said, the way I see it, if you are confident that despite all the doubt on Wall Street Elon Musk is really going to take Tesla private, all this hurt for TSLA on the market is actually a gift since he set the price at $420.
As I have previously said, I actually put the chances of this happening fairly high.
The logic behind it makes sense and I think it will get shareholder support, the biggest question remains the funding and yes, it’s true that things are murky with the Saudis, but I would never bet against Musk securing funding.
He has done it in way tougher times.
Keep in mind, this thing will still take months. If Tesla managed to turn a profit for Q3 in the meantime, it will be a completely different ball game."
"Electrek’s Take
As usual, let me preface this by saying that I am not a stock market expert and you shouldn’t base market investments on my advice.
That said, the way I see it, if you are confident that despite all the doubt on Wall Street Elon Musk is really going to take Tesla private, all this hurt for TSLA on the market is actually a gift since he set the price at $420.
As I have previously said, I actually put the chances of this happening fairly high.
The logic behind it makes sense and I think it will get shareholder support, the biggest question remains the funding and yes, it’s true that things are murky with the Saudis, but I would never bet against Musk securing funding.
He has done it in way tougher times.
Keep in mind, this thing will still take months. If Tesla managed to turn a profit for Q3 in the meantime, it will be a completely different ball game."
Cheburashka
Active Member
Electrek is garbage in terms of journalism. It's a very heavily biased opinion blog.
If Elon said that everyone should jump off a bridge, Electrek would put out an article about how safe and great of an idea that is.
If Elon said that everyone should jump off a bridge, Electrek would put out an article about how safe and great of an idea that is.
Pluto
is a Planet
Tesla closed up 1%, I'm confused... If the stock is in free fall then how come the stock price has been on an upward trend all day long? Perhaps you need to disable the "Invert Gravity" switch. Since you had that on, that would mean it's the end of the beginning instead of the beginning of the end.
I will concede that like you, I am waiting for this free fall to happen but so I can load up on Tesla shares again. Please continue to post updates!
I will concede that like you, I am waiting for this free fall to happen but so I can load up on Tesla shares again. Please continue to post updates!
Thanks - just did @ $279. Should be back up to $350 range after the Q3 earnings call, assuming no more stupid tweets.
caltrader
Member
Anal-ists regularly upgrade and downgrade stocks and many times conflict with one another on buy/sell/hold recommendations.
I think the Mercedes announcement had just as much to do with the price drop. They indicated availability second 1/2 of 2019. Tesla may lose more Model 3 reservation holders jumping ship if they don't get their cars soon and with less manufacturing defects.
I think the Mercedes announcement had just as much to do with the price drop. They indicated availability second 1/2 of 2019. Tesla may lose more Model 3 reservation holders jumping ship if they don't get their cars soon and with less manufacturing defects.
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