Tesla IPO

[Kipernicus]

:frown:

Tesla Motors shares drop below initial sale price

 

[shark2k]

Tesla has not turned a profit since it was founded in 2003, and so far the company has sold only about 1,000 of its high-end electric cars.

Read more: http://www.sfgate.com/cgi-bin/artic...al/f121528D45.DTL&type=business#ixzz0swXTEgzJ

Correct me if I'm wrong, but this is false isn't it? Why do these writer's keep getting this wrong? Can't they just do a little research and get their facts straight?

-Shark2k

 

[TEG]

Made it to orbit, but then fell back to earth...

 

[herbvdh]

Peaked at 30.41 USD per share - went down (balistic) to 19,20 USD.

What happend ?

- the gamblers took the profits ?

and only real Tesla enthusiasts left ?

__________________
.
that ruins my plan,

1. buy some TM stocks

2. TM stocks will (have to) rise over 50 USD by mid 2012

3. take the profit to pay my Model S

4. may (pre)order a "BlueStar"

5. still some pennys left ......

This is to all some may or may not realize that the symbol TM refers to Toyota Motors which closed at $70.03 on the NYSE whereas Tesla Motors is TSLA on the OTC which closed at $16.11 today. I hold stock in both companies at this point. I just might put another order in on TSLA. I just wanted to clarify this.

 

[TEG]

...tesla motors is tsla on the otc...

...nasdaq...

 

[Adm]

I wanted to buy Tesla stock, but I hesitated as it soared in the first days of trade.

I think I'm happy to buy some now. I don't expect to make a big profit on it in the first 2-3 years, but buying TSLA isn't all about making a quick buck in the first place anyway.

 

[EV_de]

This is to all some may or may not realize that the symbol TM refers to Toyota Motors which closed at $70.03 on the NYSE whereas Tesla Motors is TSLA on the OTC which closed at $16.11 today. I hold stock in both companies at this point. I just might put another order in on TSLA. I just wanted to clarify this.

luckily we use some crypt Numbers for Stocks, called WKN

"A1CX3T" = TSLA on nasdaq

B.T.W. who cares about "Toyota Motors" in the Tesla Motors Club ?

 

[Doug_G]

Dvorak / Horowitz on TSLA

Podcast on TSLA stocks

http://www.dvorak.org/blog/2010/07/07/dh-unplugged-72talking-about-tesla-tsla/

 

[vfx]

Poppy with Elon:
http://money.cnn.com/video/news/2010/06/29/n_tesla_ipo_nasdaq_musk.cnnmoney/
The next video in line is also Elon.

 

[dpeilow]

I notice TSLA is back above the IPO price. I didn't see a spate of articles proclaiming that.

Volumes are quite low though. Perhaps after the initial shakedown, the stock has now settled into the hands of the longtermers.

 

[Falling Stance]

I saw a reference today that said that on average, IPOs in 2010 are at 10% below their offering price. I am not a stock-hound kind of guy so I didn't research to verify that, but if so, then aforementioned articles are especially lame, since even if TSLA had dropped to 15.30 and stayed there, that would be approximately average behavior for this year.

 

[Iz]

After hours price ~ 19.45 today.

 

[Nichen]

Guys I've been following the IPO this week and it's been going pretty nicely upwards! I will buy some shares in a couple of weeks although I really should buy some at this instant....

 

[qwk]

Unless you are Day or swing trading this, this is not the time to get shares to go long. They will be much cheaper in 6-8 months after the blackout period seloff.

 

[vfx]

.. after the blackout period seloff.

Can you explain this?

 

[qwk]

Can you explain this?

http://www.investopedia.com/terms/l/lockup-period.asp

 

[vfx]

http://www.investopedia.com/terms/l/lockup-period.asp

Thanks! Does Tesla actually have one?

Investopedia explains Lock-Up Period
The IPO lock-up is a common lock-up period in the equities market used for newly-issued public shares. IPO lock-ups typically last anywhere from 90 to 180 days after the first day of trading, and are in place to prevent shareholders with a large proportion of ownership (such as company executives) from flooding the market with shares during the initial trading period.

 

[qwk]

Thanks! Does Tesla actually have one?

Yeah. That's why it's trading @ around $20 still. Look at AONE's selloff after the blackout expired. There's good $$ to be made if you can find any shares to short.

 

[vfx]

... There's good $$ to be made if you can find any shares to short.

And if I knew what that meant.
:smile:

 

[PopSmith]

And if I knew what that meant.
:smile:

Basically you buy a share at a peak (~$22 for TSLA) and sell at a low point while keeping the difference as a profit.

See here: Shorting Stocks