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Wiki Tesla, TSLA & the Investment World: the Perpetual Investors' Roundtable

Todd Burch

Voltage makes me tingle.
Nov 3, 2009
8,156
32,673
Smithfield, VA
Liking Gary Black or not, dude's been nothing short of prophetic during this run. He called the secondary offering and 650-690 peak. Today he called a non-event day before the close. We still have 3.5 hours to go but I'm gonna give him the benefit of the doubt.

About a month ago, wasn't he expecting a run to only $550-600?
 

Sudre

Active Member
May 30, 2012
1,056
6,767
Look at todays open interest chart. Over 4,000,000 share will be traded for those $600 strike Calls. There is no way they push it down that far. They started selling on Monday (altho 20K were already sold previously) but the SP did not dip below $600. Another chunk sold on the 16th. On the 17th they shot over 40K. There was NO major buying to hedge the shares. That means in MY two cents THEY are going to have to eat into their expected profits to cover these.

I doubt we break $700 but I am confident the $650 strike Calls will get paid out, another 2,100,000 shares. These could be rather profitable since the shares could have easily been purchased at or under $650. If we break that $700 I am guessing we eat into THEIR expected profits again.

That leaves the question I have.... WHOs dumping millions of shares today? THEY can't afford to since they will have to pay them out today. Is short interest going to be WAY up today? The front runners are not dumping yet. They are in for the closing cross. Retail simply does not have that many shares to dump. I am all in for the no manipulation thing but if that is true, who has these millions of shares they want to part with at a discount to the closing price? It is not retail, front runners, or option sellers.

lol.png
 

Singuy

Active Member
Jun 28, 2018
4,445
33,524
US
maybe he did in the beginning, but for as long as I can remember, he's been sticking to 650-690 for at least 3 weeks.
Yeah he never called infinite squeeze or crazy price actions that would make many call holders filthy rich. So on a prediction level, he is pretty much in the ball park. What are his thoughts for next week?

Looking at twitter, stock drops down to pre inclusion levels and bounced back a little. Seems like it never reached inclusion levels until a year later. So the support if Tesla drops like a rock is 460 as that acted as the most stubborn resistance prior to inclusion.
 
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Reactions: Sudre and gabeincal

dl003

Active Member
Nov 22, 2019
1,662
14,709
Texas
Yeah he never called infinite squeeze or crazy price actions that would make many call holders filthy rich. So on a prediction level, he is pretty much in the ball park. What are his thoughts for next week?

Looking at twitter, stock drops down to pre inclusion levels and bounced back a little. Seems like it never reached inclusion levels until a year later. So the support if Tesla drops like a rock is 460 as that acted as the most stubborn resistance prior to inclusion.
He's calling for 10-20% drop, not necessarily all happening next week.
 

Nocturnal

Supporting Member
Supporting Member
Aug 23, 2018
6,690
35,914
Deepening Crisis!
If we don't see a big run up then will we see a drop towards close as gamblers give up?
As good as that sounds, I think it could enter TSLAQ territory where it's an echo chamber of bullish investors despite my evaluation that a majority of folks here are rather level headed investors.
That wouldn't change who can join and comment, it would just require that we know who is watching.
 

StarFoxisDown!

Active Member
Jan 23, 2019
3,074
26,341
Seattle
Yeah he never called infinite squeeze or crazy price actions that would make many call holders filthy rich. So on a prediction level, he is pretty much in the ball park. What are his thoughts for next week?

Looking at twitter, stock drops down to pre inclusion levels and bounced back a little. Seems like it never reached inclusion levels until a year later. So the support if Tesla drops like a rock is 460 as that acted as the most stubborn resistance prior to inclusion.

I don't really see the point of comparing Twitter's post inclusion stock performance. Twitter's stock performance has been lumpy for years because they notoriously flip flop between good and bad earnings. Contrast that with what the next year and the year after holds for Tesla.
 

riverFox

Member
Jun 26, 2018
174
1,263
Colorado
Liking Gary Black or not, dude's been nothing short of prophetic during this run. He called the secondary offering and 650-690 peak. Today he called a non-event day before the close. We still have 3.5 hours to go but I'm gonna give him the benefit of the doubt.

Gary's first SP prediction peak was $460. Changed it after he got ran over. He sells covered calls, take everything he says with a huge grain of salt.
 

thx1139

Active Member
Aug 1, 2014
1,228
4,412
Lemont, IL
So how exactly do those MOC and LOC buy orders get filled. If indeed 130M shares are wanted to be bought at close price doesnt that also mean that 130M shares need to be made available by people/institutions that are saying go ahead sell these shares at closing price.
 

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