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

[Tes La Ferrari]

ARK bought over 100K shares of TSLA today.

 

[Prunesquallor]

Making sure you all notice that the forums will be down all weekend according to the banner.

 

[SOULPEDL]

Yup, ARKW, ARKQ, and ARKK bought more TSLA. They keep copying my moves.
Come on Monday!

 

[StealthP3D]

Why is #RIPElon trending on Twitter in the UK? Could this have confused the algos?

No, the algos are far from perfect but even they are not that stupid!

Only plausible explanation is the down-trodden shorts got excited by this incredible news they believed was a once-in-a-lifetime opportunity and piled on with whatever they had left.

 

[MXWing]

Mama Cathie likes the stock.

Hope she bought the bottom and not the open!

 

[MikeC]

Hmmmm, the only problem I have is I might need cash out this month if I buy sub 600, and then it’s going to be wash sale stuff that makes it so I can’t buy for a month.
Dang The irony! Anyone have clever workarounds? Couches are pillaged unfortunately.

Keep in mind the wash sale loss gets added to the cost basis of the new position. So you don’t actually lose that tax loss deduction in a wash sale, it just gets postponed until you sell the newly purchased lot.

 

[Skryll]

ARK bought over 100K shares of TSLA today.

Don't you wish you had that kind of firepower

 

[jerry33]

Don't you wish you had that kind of firepower

If I did, I would not be posting to this group. (That's a promise, so donations to get me there are always welcome.)

 

[22522]

Mama Cathie likes the stock.

Hope she bought the bottom and not the open!

View attachment 642502

Cramer said she should put a bottom on Tesla. Apparently she has done this before for other stocks being messed with.

He mentioned a few saying “she has done this before.”

 

[Prunesquallor]

Mama Cathie likes the stock.

Hope she bought the bottom and not the open!

View attachment 642502

Uh. They're loading up on SPCE and WKHS. I don’t get it.

 

[RobStark]

Cramer said she should put a bottom on Tesla. Apparently she has done this before for other stocks being messed with.

He mentioned a few saying “she has done this before.”

Cramer "What stock will Cathie save today ?!"

 

[woodisgood]

Keep in mind the wash sale loss gets added to the cost basis of the new position. So you don’t actually lose that tax loss deduction in a wash sale, it just gets postponed until you sell the newly purchased lot.

Also worth mentioning is it (the loss) gets proportionally distributed between everything you buy in that +/- 30 day window.

 

[OrthoSurg]

ARK bought over 100K shares of TSLA today.

That’s what is giving me hope

 

[DaveG_NJ]

ARK bought over 100K shares of TSLA today.

I know it's heresy to question Cathie, but with that volume, it would be easy to paint the tape, wouldn't it? Not that it matters to me, I'm long on TSLA and several ARK ETFs and I've got diamond hands. LOL.

 

[Christine600]

What is giving me hope are these vids:

And going for a spin in my TMX

 

[OrthoSurg]

I know it's heresy to question Cathie, but with that volume, it would be easy to paint the tape, wouldn't it? Not that it matters to me, I'm long on TSLA and several ARK ETFs and I've got diamond hands. LOL.

Cathy’s diamond hands grabbed those TSLA shares from Ron’s paper hands

 

[EVWatcher]

Cathy’s diamond hands grabbed those TSLA shares from Ron’s paper hands

I’m guessing Ron bought back in as well

Edit: both Ron and Cathy sell frequently to capitalize on volatility as well as make sure the fund is balanced.

 

[generalenthu]

Uh. They're loading up on SPCE and WKHS. I don’t get it.

Everyone has to make their share of mistakes. No one is perfect.

 

[Curt Renz]

EIGHTY FIVE MILLION SHARES TRADED
and we still have 20 minutes till close.
Holy holes.

And although down in price, well up from the day's sharp V-shaped bottom. The price action and trading volume suggests a washout of weak longs and investors on margin. Perhaps a setup for bargain hunters next week.

 

[Curt Renz]

Electrek - half hour ago: Tesla launches new social media platform to 'engage' its community and promote policies - Electrek

Excerpt from Tesla:

“Engage Tesla is a new platform for both Tesla’s public policy team and Tesla Owner’s Clubs. Its goal is to create a digital home base for all of our work, and make it easier for Tesla community members to learn what’s top of mind for us, take meaningful action, and stay in the loop. We hope you’ll join us in getting involved.”

Link: Engage Tesla

I registered and am looking forward to Engage Tesla becoming useful source of information from the company.

A couple of minor problems with my registration:

They did not like the name of my YouTube channel: Curt Renz. Perhaps they didn't realize that a YouTube channel could have a two-word name.

They asked for an address so a US representative would know that a commenter resided in his/her district. My US representative and state legislators require a 9-digit zip code to be certain. Yet Tesla Engage would only allow a 5-digit zip code.

Has anyone else had similar difficulties?