2daMoon
Mostly Harmless
That was a very successful test flight. Just needed a little more thrust at the landing. Which, BTW, they stuck precisely in the middle of the pad.
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Tesla, TSLA & the Investment World: the Perpetual Investors' Roundtable
- Thread starter AudubonB
- Start date
The video replay in slo-mo is pretty spectacular!
Looks like it lost an engine on the way down according to Everyday Astronaut
I'm puzzled (which isn't unusual for me)...
Supposedly there is going to be a massive amount of buying fairly soon which should drive up the price. Yet:
- there's massive selling pressure right now
- Tesla decided to raise money now rather than waiting for the stock to pop some more
I could see that perhaps Tesla sold now as an appeasement to S&P accumulators, but the number of shares doesn't seem that significant given what people are predicting need to be bought.
But I don't understand the selling pressure. Why would people be dumping the shares en masse when there's supposed to be a big pop? Unless there's some options stuff I don't understand going on, it seems like the numbers for what needs to be accumulated are very, very wrong.
Supposedly there is going to be a massive amount of buying fairly soon which should drive up the price. Yet:
- there's massive selling pressure right now
- Tesla decided to raise money now rather than waiting for the stock to pop some more
I could see that perhaps Tesla sold now as an appeasement to S&P accumulators, but the number of shares doesn't seem that significant given what people are predicting need to be bought.
But I don't understand the selling pressure. Why would people be dumping the shares en masse when there's supposed to be a big pop? Unless there's some options stuff I don't understand going on, it seems like the numbers for what needs to be accumulated are very, very wrong.
Ameliorate
Member
Bunch of IPO's this week, Air BnB, DoorDash. Stimulus delays, lots of reasons for the indices to be down today. Also probably churned through the rest of Tesla's offering today. Buying pressure will resume shortly....
Krugerrand
Meow
The whole thing was epic. How lucky are we to be witnessing it all?! 2020 will be thought by many as a horrible year because of the pandemic, but from where I sit it’s been a fantastic year in so many ways. That’s just my reality.
Space-X Starship SN8, It's not a crash just a quick disassembly 
ByeByeJohnny
Active Member
Besides some other minor problems they forgot to deploy the landing legs.
Paracelsus
Active Member
OMG...........when Starship was falling it looked just like the car load of Illinois Nazis falling from the sky in the Blues Brothers
That was sooooo cool!
That was sooooo cool!
StealthP3D
Well-Known Member
Excellent! I see you picked the best color too! When my wife and I bought our Model 3's in 2018 we gladly paid thousands extra for white (now white is the base color)!
That's cool but have you calculated how this might impact the company in terms of maternity leave/expenses over the next several years?
Even though you say it is a win for the company, I want to thank you for doing this.
“It was the best of times, it was the worst of times, it was the age of wisdom, it was the age of foolishness, it was the epoch of belief, it was the epoch of incredulity, …”
Ameliorate
Member
I give all of my employees Telsa Model 3s to drive too! Where's my parade? What? It doesn't count if I'm the only employee?Even though you say it is a win for the company, I want to thank you for doing this.
Nope, that would be Friday around 5:15 PM ET. (When they release the pro-forma files.)
TheTalkingMule
Distributed Energy Enthusiast
It's a unique event. We're on the cusp of what we know will be a SP surge, but today the SP is at literally $3000. Impossible to sell, but very difficult to buy. Day traders and front-runners can go bananas running SP up and down before inclusion buying, making money in both directions.
Supremely volatile through the middle of next week. Look for opportunities!
Most trading is now computerized. When a correction is signaled due to hitting key technicals, the computer pretty much takes over to minimize losses for the fund managers until it look for strong resistance levels to buy in. Normally when pressure is high from either direction, volume spikes and it's best to just get out of the way. This is why we see flash crashes and sometimes flash recoveries. When you don't see flash recoveries then critical levels haven't met for computer to rebuy back.
Normal buyer and sellers make little difference to stock prices anyway.
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