How many people on here know who that is, much less what you're actually referring to? It was shocking at the time, now we're used to pro athletes being felons.
Wilt was a lover, not a fighter ( off court).
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Tesla, TSLA & the Investment World: the Perpetual Investors' Roundtable
- Thread starter AudubonB
- Start date
How many people on here know who that is, much less what you're actually referring to? It was shocking at the time, now we're used to pro athletes being felons.
Wilt was a lover, not a fighter ( off court).
Wish the $500 breaks just for the MM's sake~ 35K open interest at $500 for tomorrow.
As it stands, they will need a negative $TSLA day tomorrow, well good luck with that!
Buckminster
Well-Known Member
https://twitter.com/ReflexFunds/status/1329413708074913792
S&P's decision to give more advance warning for Tesla's addition may make the situation worse. Together with forced buying from index funds & incentivised buying from S&P benchmarked funds, we also have a month of normal stock churn while shareholders are disincentivised to sell.
S&P's decision to give more advance warning for Tesla's addition may make the situation worse. Together with forced buying from index funds & incentivised buying from S&P benchmarked funds, we also have a month of normal stock churn while shareholders are disincentivised to sell.
Barron's - 1.5 hours ago: Tesla Stock Is Up 24% Since Friday and the S&P 500 Squeeze Isn’t Over Yet
Excerpt:
Tesla shares hit a new 52-week high Thursday as pressure to buy the stock ahead of its inclusion in the S&P 500 index ran into expectations for more gains that have left shareholders hesitant to sell.
The committee that oversees the S&P 500 index announced plans after the close of trading on Monday to add Tesla (ticker: TSLA) to the market benchmark on Dec. 21. The decision was unusual in a couple of ways.
For starters, Tesla is huge, worth roughly $470 billion, making its addition to the index one of the largest ever. It's so large, in fact, that the S&P committee is thinking about adding it twice. index funds that need to own the stock in order to match the S&P 500's performance would buy in two separate tranches to spread out the trading impact.
That hasn't been done before.
The decision to add Tesla was also disclosed a couple of weeks prior to the announcement of the index's regularly scheduled quarterly rebalancing. That give investors and traders a couple of extra weeks to think about the shift, and position themselves for it.
The end result has been a squeeze on Tesla shares that lifted the price past $500 to a new 52-week high of about $508. The stock is up about 24% so far this week, adding roughly $90 billion of market value.
Excerpt:
Tesla shares hit a new 52-week high Thursday as pressure to buy the stock ahead of its inclusion in the S&P 500 index ran into expectations for more gains that have left shareholders hesitant to sell.
The committee that oversees the S&P 500 index announced plans after the close of trading on Monday to add Tesla (ticker: TSLA) to the market benchmark on Dec. 21. The decision was unusual in a couple of ways.
For starters, Tesla is huge, worth roughly $470 billion, making its addition to the index one of the largest ever. It's so large, in fact, that the S&P committee is thinking about adding it twice. index funds that need to own the stock in order to match the S&P 500's performance would buy in two separate tranches to spread out the trading impact.
That hasn't been done before.
The decision to add Tesla was also disclosed a couple of weeks prior to the announcement of the index's regularly scheduled quarterly rebalancing. That give investors and traders a couple of extra weeks to think about the shift, and position themselves for it.
The end result has been a squeeze on Tesla shares that lifted the price past $500 to a new 52-week high of about $508. The stock is up about 24% so far this week, adding roughly $90 billion of market value.
I was wondering how much it was going to cost Mary to build that competitive advantage in customer experience? Especially in virtual vehicles...
Then again, it won't cost much to buy a batch of Oculus 2's to give them the "feel" of driving an eHummer.
Then again, it won't cost much to buy a batch of Oculus 2's to give them the "feel" of driving an eHummer.
StealthP3D
Well-Known Member
This is worrisome. It looks like GM is beating Tesla in everything except for acceleration and handling.
Oh wait, I think they have that covered under "customer experience"!
/s
mejojo
Active Member
Catching a wave.
..and sitting on top of the worrrrrllllld.
mejojo
Active Member
Bet TSLA
Active Member
Well, it's been an awesome year. My portfolio is up to 8x what it started at. Down from 11x at the end of August, but it's pretty hard to complain about that. I'd rather not lose it all back (again).
Dunno. Got the feeling last time Musk was spurned. He gave them a golden opportunity to announce and do it over a week. And TSLA legit has absolutely no need for the money. They cannot spend the cash flow they have right now. Even more importantly the logistics involved in working on three gigafactories simultaneously while still ramping Fremont and Buffalo is ridiculous.
Think at this point it might make sense to only work on three gigafactories at a time.
Announce a new one late next year as Shanghai stabilizes and winds down building.
TL;DR We no need the money. For real.
I'm not sure that last raise was anything to do with S&P - normally the company being added is aware ahead of time it's about to happen, and Tesla wouldn't have initiated it until they got the nod.
No, I rather think it's as @Artful Dodger theorised, Tesla let it squeeze the shorts, and in particular the naked shorties, until it was clear there was no more juice to be had, then they put them out of their misery in order to regularise share-holders' positions post-split.
Tesla played the shorts like a virtuoso. Who were all exposed as major banks.
So that in mind, they could potentially demure to the S&P, but can play the same game and left it squeeze 2x first.
Bet TSLA
Active Member
You must be seriously confused to not understand that 8x is less than 11x, and therefore down. Are you sure you ought to be investing on your own?
Driver Dave
Member
The problem with Consumer Reports...
If you are going to say, rank cars based on 1-100,
Tesla starts at 1000.
There is just no comparison.
Because when I shop for cars...
I just think:
Which Model should I get.
X? Y? S? 3?
There is no other "comparison shopping" beyond that calculation.
It would be like shopping for a phone...
And stopping to consider which Nokia flip phones are available.
Bet TSLA
Active Member
You know, it remains the case that the S&P committee can do whatever it wants. People keep talking about "forced buying" but the committee can simply say that they got feedback and decided to put off TSLA inclusion until the next rebalancing, and that maybe they'll spread it out over a year because it's causing such a ruckus. Poof! Forced buying evaporates.*
Anyway, there was unrelenting scorn for their behavior before, and then it all turned to love when they announced TSLA inclusion. Personally, I think they've always been Wall St. self-dealing financial scum and will continue to be so. Trusting them for anything is a sure path to getting screwed.
Be careful out there. Don't get blind-sided and then bleat "They can't do that!" I've seen no evidence that anybody here knows the true rules of the game. The only rule I know for sure is that the winners get to laugh at the losers.
*And yeah I don't actually know this can happen. But if you want to claim it's not possible, then point to the written policy and some further authority that the policy can't simply be waived.
jeewee3000
Active Member
I agree with your call to caution, but not with your method of argument:
1) you state something to inspire fear without source
2) you request a source to be proven wrong
That's how religion works (eg "Hell exists and you'll go there if you don't follow our rules. Prove me wrong!") Let's not lower ourselves to that level.
But again, I fully agree with your point: be careful.
GLTA
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