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

[Artful Dodger]

Come on Nasdaq! Take the dump we've all been waiting for

(Not to come off the wrong way cause not the best etiquette to be rooting for lower share prices. But I think this really needs to happen for the stock to move forward. I already have all of my chips(including calls) on the table back at 680-700/share price) so it's not like I'm benefiting from it going lower)

Indeed, notice how shortzes carefully AVOIDED going below $600.00 today? That would have tripped a large number of 'stop losses' and quickly dropped the SP below the 10% limit where the uptick rule would be triggered:

$653.2 * 90% = $587.88​

So instead, they walked the SP back down to $600 by the end of the After-hrs session, and will look to trigger those stops by opening below $600 on Friday

Then they can let it go down to below $560 w/o invoking the 'uptick rule' :

$621.44 * 90% = $559.29​

Finally, there were 20K Put contracts open at the $600 strike on Thursday morning, so even if they do trigger the 'uptick rule' its likely fine for MMs to let the SP drift back up toward $600 by end of day Friday.

Real professionals, wot? Titans of Industry, Masters of the Universe. Never worked a day in their lives...

Cheers!

 

[EVWatcher]

I've been looking at the market for growth stocks still cant find a company with a brighter future than Tesla ... been focusing my research the last few months on AI and FSD and every day it gets clearer that Tesla has a huge /growing lead ...the network effect will be similar to GOOGL, FB ...winner take most ... there won't be a viable competitor until the Android equivalent for FSD shows up (apple, google , etc) at which point the disjoint OEMs will have to scramble to get on board ... the problem is this is a slow motion train wreck for OEMs ... it is not happening as fast as the smart phone ... but the results will be just as dire for the OEMs ... all the FUD about the EV competitors is just that FUD... by the time their strategies are realized it will be too late ....

any way here are my DCA purchases the last month or so ... might take a while for the $750, $751 and $800 to be green again ... but in 5 years the $175/share delta will seem minor ...i am now beyond my original share target


Acquired Quantity Cost Basis Per Share
3/4/2021 50 $625.00
3/3/2021 50 $660.00
2/23/2021 15 $676.00
2/23/2021 50 $651.00
2/22/2021 25 $751.00
2/22/2021 25 $715.00
2/22/2021 50 $750.00
1/29/2021 25 $801.00

these purchases are a lot less risky than the shares I bought in 2017/2018/2019 and even 2020 ... never have had greater conviction in a single stock...

Elon has made it pretty clear they are happy to be the Android of FSD. And share the supercharger network. Tesla could very well end up the Apple and the android of cars at the same time

 

[JRP3]

I will kill my instacart/prime membership as soon as the pandemic is over.

Can't wait to pick my own fruit.

I guess I've had better luck with my Instacart purchases, all my produce has been acceptable quality. I may never go inside a store to shop for groceries again. Pick stuff online from my couch, pull up to the front of the store, wait a few minutes, and it all comes out to my truck and gets loaded in the back.

 

[Sofie]

Indeed, notice how shortzes carefully AVOIDED going below $600.00 today? That would have tripped a large number of 'stop losses' and quickly dropped the SP below the 10% limit where the uptick rule would be triggered:

$653.2 * 90% = $587.88​

So instead, they walked the SP back down to $600 by the end of the After-hrs session, and will look to trigger those stops by opening below $600 on Friday

View attachment 642193

Then they can let it go down to below $560 w/o invoking the 'uptick rule' :

$621.44 * 90% = $559.29​

Finally, there were 20K Put contracts open at the $600 strike on Thursday morning, so even if they do trigger the 'uptick rule' its likely fine for MMs to let the SP drift back up toward $600 by end of day Friday.

Real professionals, wot? Titans of Industry, Masters of the Universe. Never worked a day in their lives...

Cheers!

Lol! Cool so I guess this means I can get those 100 shares for under $600 tomorrow, thanks to being so busy at work of course!

 

[SOULPEDL]

How your Mod spends some of his off-Investor hours, together with material that isn't wholly Off Topic (99% isn't 100%, right?), may provide a worthy diversion of your attention from recent TSLA price activity:

Mars and Off Planet Colonization - What might be REALLY hard to obtain on Mars

I'm impressed by how many minerals are present already on Mars. But Aluminum, huh. Isn't that Roadster out there made of Aluminum?

So whatever is "shipped" to mars is put in aluminum containers and used on site along with the contents.
2099... Mars has an Aluminum waste problem, lol.

 

[SOULPEDL]

Placed an order for 25 shares at $587 and $567.
So much for timing the bottom, gettin' low on change.
Come on Double Bottom, snap back now.

 

[UnknownSoldier]

Indeed, notice how shortzes carefully AVOIDED going below $600.00 today? That would have tripped a large number of 'stop losses' and quickly dropped the SP below the 10% limit where the uptick rule would be triggered:

$653.2 * 90% = $587.88​

So instead, they walked the SP back down to $600 by the end of the After-hrs session, and will look to trigger those stops by opening below $600 on Friday

View attachment 642193

Then they can let it go down to below $560 w/o invoking the 'uptick rule' :

$621.44 * 90% = $559.29​

Finally, there were 20K Put contracts open at the $600 strike on Thursday morning, so even if they do trigger the 'uptick rule' its likely fine for MMs to let the SP drift back up toward $600 by end of day Friday.

Real professionals, wot? Titans of Industry, Masters of the Universe. Never worked a day in their lives...

Cheers!

I thought we've already established the Uptick Rule is a canard and doesn't actually mean anything? Like all rules concerning shorting, the reality is that shorts can do anything they want because they own the SEC and the media. That's what the Battle of Gamestop is about after all.

 

[Artful Dodger]

I had a dream last night where Doug DeMuro was reviewing a Cybertruck. He was showcasing what was described as boat-mode, when a seal gave out, the cabin filled with water, and it sank like a rock. Prior to that, he had shown an access panel on the side of the bed that opened to reveal a set of disc-changers inexplicably labeled with Adobe's Creative Cloud logo...

In retrospect, it may have been a premonition re: price action.

Yeah, that wasn't a dream; that was a loop playing on CNBC Squawk Box...

Cheers!

 

[SOULPEDL]

Indeed, notice how shortzes carefully AVOIDED going below $600.00 today? That would have tripped a large number of 'stop losses' and quickly dropped the SP below the 10% limit where the uptick rule would be triggered:

$653.2 * 90% = $587.88​

So instead, they walked the SP back down to $600 by the end of the After-hrs session, and will look to trigger those stops by opening below $600 on Friday

View attachment 642193

Then they can let it go down to below $560 w/o invoking the 'uptick rule' :

$621.44 * 90% = $559.29​

Finally, there were 20K Put contracts open at the $600 strike on Thursday morning, so even if they do trigger the 'uptick rule' its likely fine for MMs to let the SP drift back up toward $600 by end of day Friday.

Real professionals, wot? Titans of Industry, Masters of the Universe. Never worked a day in their lives...

Cheers!

So encouraging . I can't wait for tomorrow!

 

[JusRelax]

So encouraging . I can't wait for tomorrow!

Me too!




Oh wait.... nvm, I thought you said "I can't wait for tomorrow to be over".

 

[Big Time]

Me too!




Oh wait.... nvm, I thought you said "I can't wait for tomorrow to be over".

You spelled “bend” wrong

 

[SOULPEDL]

Everytime I come here, I lower my buy price.
Everytime I watch FSD videos, I place more buys and get FOMO.
I knew this correction and FSD would cross at the same time.

 

[Prunesquallor]

And laughing gas!

And cute dental assistants that like laughing gas.

 

[buttershrimp]

My accountant just called and broke my buying spell. She said I owe the IRS some money and which account did I want to take it out of. Lol...really?

Guess I better go find some cash to put in the checking account since right now it's just full of dust.

Did you get the, you had a good year speech? That’s always fun. Then you get to feel poor and ungrateful for feeling poor when you aren’t.

 

[SOULPEDL]

Taxes.
Lol, that's like salt on a wound. Getting stupid silly.

 

[ZeApelido]

Ok. The fat lady has sung or at least tweeted. Should be over. View attachment 642154

https://twitter.com/data_ev/status/1367657255055757316?s=20

Spoiler

 

[OrthoSurg]

Does your friend know what a wash sale is?

Not in Canada lol

 

[OrthoSurg]

I was going to reply but thought better of it...but.... now I reconsidered.

Leaving a ton of cash to my kids is not something I plan on doing.
I provided as much support and help as I could and feel now that they are out in the river of life they better take those lessons and swim.

Of course I am there for them if they need me...but.....I have mountains to conquer.....and islands to buy.

I want them to feel the thrill of victory earned...... not handed down.

Small sample size notwithstanding some of the worst people I have ever known were rich kids who had been gifted their riches.

Plus I already have given them a huge head start buy endlessly talking about the best investment ever...(the last few weeks that has been a tougher sell)

Yes, you have it right.

As in the Millionaire next door book says.

you have to let your kids achieve certain goals by themselves before they unlock their shares of a trust fund. To make sure they are not on outpatient care and relying endlessly on someone else money than on their own. A little extra is always good. But they have to know how to make money to cover the basics

 

[PeterJA]

...I'm also starting to think 500 before 800 with low 400s on the table. Low 400s was where we were when the S&P announcement was made. We traded from there up to 700 awfully fast. So one view on this downward move is its a retracement to go fill in that move from low 400s to high 600s that went by so fast....

I said before that if I get another buying opportunity in the 500s, I will thank Jesus, Mary and Allah. If we get low 400s, I will throw in Buddha, Shiva the god of death, and every grinning god of avarice on the Shopping Network. Don't tease me like this or I'll need a cold shower.

 

[carterm2]

Can options ratios indicate a bottom?

$AAPL, $PLTR, and $NIO look like they have found a bottom, but $TSLA seems to be ... hmmm likely to drop more?


$AAPL 1.874m (66% call 34% put)
$TSLA 1.434m (51% call 49% put)
$PLTR 1.181m (79% call 21% put)
$NIO 876k (63% call 37% put)