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

[Sofie]

Don't get ahead of yourself. Usually there's a retest at 297.

Yeah well...don’t worry, I put a transfer in and fidelity has me halted by the stupid 3 day bank clearing rule or whatever bull crap.

But yes very true!

 

[traxila]

For MSFT to be flat right now and TSLA to be down 10% doesn’t make sense.

Think momo traders and margin calls.

 

[asburgers]

I am not too familiar with Beth.technology. Here's what they published yesterday.
What’s Next for Tesla? Levels to Watch. | Beth.technology

TL;DR:
- pullback to $495 possible expects heavy buying
- PT = $1400

 

[cliffski]

There is no news. Just panic. That panic soon flips and becomes a rally. Remember, the market makers LOVE THIS. The very worst thing you can do from the POV of wall street, is to be a buy and hold investor. They want constant trades, skimming their tidy little margin every time you hit that button.
I'm not selling a single share. I still own the same %tage of the worlds best car/energy company as I did last week, regardless what the stock market thinks thats worth at any given moment.

Maybe some people are worried that the EV credit changes and the green recovery bill will supercharge tesla, and they want to force it down before that happens? It wont work. Its too late for that sort of nonsense.

 

[Beltsbear]

If I look at my portfolio I get sad, but if I look at the video of GF Berlin progress I understand why I am here. In six months they will be turning aluminum and steel into cars selling at a 20% margin. They will be addressing demand for a car that has not even been sold in Europe yet (the model Y), unlike the Model 3 which has been available there (at a higher price) for years.

 

[⚡️ELECTROMAN⚡️]

This is great. When it gets back to 900 we should all be wealthier than last time it was at 900, thanks to this crash. Buy the dip!

 

[Cherry Wine]

Felt like capitulation to me. We'll see.

 

[lafrisbee]

There is no news. Just panic. That panic soon flips and becomes a rally. Remember, the market makers LOVE THIS. The very worst thing you can do from the POV of wall street, is to be a buy and hold investor. They want constant trades, skimming their tidy little margin every time you hit that button.
I'm not selling a single share. I still own the same %tage of the worlds best car/energy company as I did last week, regardless what the stock market thinks thats worth at any given moment.

Maybe some people are worried that the EV credit changes and the green recovery bill will supercharge tesla, and they want to force it down before that happens? It wont work. Its too late for that sort of nonsense.

nah, I think you are wrong. I think this is the MM's doing their damndest to get after Tesla BEFORE it becomes armor-plated. THis drop also keeps a huge percentage of scaredy cats from ever buying, and the ones that do will keep their little paws over the "Sell" button, Which will make them easier to manipulate.

 

[Big Earl]

Yeah well...don’t worry, I put a transfer in and fidelity has me halted by the stupid 3 day bank clearing rule or whatever bull crap.

But yes very true!

Really? Fidelity lets me instantly invest money that I transfer in. I've done it twice today. Maybe because I'm a small potato with a clapped-out couch (relatively small transfers). Or maybe my portfolio is large enough to warrant them fronting the money.

 

[Pras]

Time for Baillie Gifford and Ron Barron to add back.

 

[TheTalkingMule]

TSLA is still the largest sported stock by $. At some quiet point post-inclusion there needed to be a "stop-loss triggering event" that had no bottom. Here we are!

Smart shorts are covering this afternoon making massive profits, dumber ones will pile in. Rinse repeat.

 

[EVWatcher]

Nobody going to mention uptick rule leading into high likelihood of stimulus bill passing this weekend followed by triple witching with a 700 max pain 3/12?

Its ugly, but I have hopes. Not advice.

 

[BlackS]

Panic selling is often followed by Panic buying.....The stock market transfers wealth from the impatient to the patient....blah blah blah....this will all blow over as soon as $TSLA gains some momo back...heck...as soon as the nasdaq decides to stop bleeding, $TSLA will resume its upward trend...no fear guys/gals!

With that, i think i will start pouring some whisky now

 

[traxila]

Also all things renewable are getting obliterated. TAN is down to 80 from 120.

Yeah, OK it was overbought, but we are talking about a Solar ETF in 2021.

Renewables anyone? Stimulus anyone?

Anyone hear anything about the globe going carbon neutral?

In the end, maybe this is just about the big boys being let in before the run. The other run. You know, the run before the run but after the run.

It’s gonna run.

 

[lafrisbee]

we are all

 

[BornToFly]

Don't know if this is accurate. Encouraging if it is. According to Sawyer on Twitter, since IPO TSLA has only had 3 dips >40%. 15 30+% dips.

I'm trying to get the nerve to buy back all my covered calls for 2023, which would leave me with no cash, and sell them again for more profit after the bounce....

 

[KevinR]

 

[woodisgood]

Also all things renewable are getting obliterated. TAN is down to 80 from 120.

Yeah, OK it was overbought, but we are talking about a Solar ETF in 2021.

Renewables anyone? Stimulus anyone?

Anyone hear anything about the globe going carbon neutral?

In the end, maybe this is just about the big boys being let in before the run. The other run. You know, the run before the run but after the run.

It’s gonna run.

The big boys were late to the party. Even retail got in thanks to Covid. This is the start of the third industrial revolution, and all benefits to humanity aside, one of the biggest money-making opportunities in human HISTORY.

 

[neverdone]

I told my spouse that TSLA was down to $580 this morning. She told me that it feels like it is time buy more. I bought 10sh @568.

 

[StealthP3D]

30 more TSLA @582 for me.

I think the inflation fears are overblown. The lopsided coverage and fanning of said fears in the papers (WSJ and NWTimes) smells a bit of smokescreen.

I agree it's a smokescreen, the question is, "for what?". Just because the reason emphasized is not valid, does not mean there are not valid reasons. The market is what it is for a reason. Investor sentiment. This market has been ready for a major correction for a LONG time, we just didn't know exactly when it would hit. Now we know but we still don't know how low it will go or how long it will last. It will largely be determined by investor sentiment just as the underlying economy is largely determined by consumer sentiment. These things are impossible to know in advance.

And, as long as one doesn't need to sell in the short-term, and they own quality companies, it doesn't really matter. I would hate to own the companies that are being disrupted right now because their declines will probably not go away.