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Weekend mitigation from the houses that want the SP to be up
They have that price target AND say this in their thesis:I Spy with My Little Eye Something with the Initials "BAF"
You got it . . . .Jefferies has a price target of $1,400 and upside target of $1,600 with GAAP EPS for 2022 of $6.73. Only $6.73 !!
My most recent GAAP EPS for 2022 is about $5 higher at $11.80. At some point, they'll need to revise their price target above $1,400 and by quite a bit.
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Been practicing green light, red light with my kids at the park today!
Im looking to buy some more shares tomorrow. Hope it works out for both of us.
This is what you get when Tesla Vision pseudo lidar gets into the wrong hands:
Might have swings where it's up +5% and down -5%, only to finish flat. That would be one hell of a trading day.Tomorrow will be fun:
GREEN CANDLES - TSLA Shorts/ Long Puts vaporized
RED CANDLES - TSLA Longs/ Long Calls vaporized
Man, it's been years since I saw a mention of the Uptick Rule here. Reminds me of the darkest days. They weren't even long ago, we're talking 2018 or so.
Placed my buys at 1151, and again at 1101 - if lucky.Might have swings where it's up +5% and down -5%, only to finish flat. That would be one hell of a trading day.
Placed my buys at 1151, and again at 1101 - if lucky.
No selling, need chairs.
You guys are actually thinking that a 10% drop is possible?Be aware of the trigger SP tomorrow for the Uptick Rule
$1,222.09 * 0.90 = $1,099.88
IMO if that level is reached, it will trigger a cascade of buying interest from BM'd funds, a wave of covering by shortzes, as well as the 2-day period prohibiting short sales at below the market price. Predict V-shaped SP action.
Good luck to all!
Maybe my post will not age well, but really, what is the big deal that he is selling some shares? I am enjoying all the drama - not planning to buy any more shares no matter how low we go, I have more than ever imagined in my wildest dreams. May have fun trading some options during the volatilityThis will be a nothing burger. He had already warned that he may have to sell some stock due to expiring options next year, I think it is just simply his typical way of doing exactly that. If he was to just quietly sell some stock, can you imagine to hoopla over him selling - this about how the reaction is every time ARK sells TSLA even though their by-rules are well known.
My opinion - Elon is just playing 4D chess as always. He needs to sell anyways to generate cash to exercise his stock options. He could borrow, but those numbers are getting ridiculous. It is better to sell this year and pay 2021 taxes than wait till next year when the tax rates for the highest bracket will have already increased. The Twitter poll is his way of getting the opportunity to sell, get all the public awareness to the nonsense about taxing billionaires, not cause backlash from people asking what happened to his "first in last out" philosophy. For him, it is all win-win. Plus, give him some credit, he is not stupid to dump 2% of TSLA shares suddenly on the market. This will be done with a plan in place and we will hardly even notice.
What the heck is tokenized TSLA? Anyone care to explain to the noobs like me?The tokenized TSLA is trading at $1,111 right now. You will probably get you chairs.
Tesla tokenized stock FTX price today, TSLA to USD live price, marketcap and chart | CoinMarketCap
The live Tesla tokenized stock FTX price today is $0 USD with a 24-hour trading volume of $0 USD. We update our TSLA to USD price in real-time.coinmarketcap.com
The idea is people will rush to sell now so they can buy back later on the dip after Elon sells. Sort of like a toilet paper shortage (but IIUC that was at least partly real due to the difference between commercial and household TP).Everyone seems certain price will crater on Monday. Usually TSLA reacts the opposite way to expectations lately. Elons selling doesn’t change Tesla company fundamentals in any way whatsoever so I’m unsure why it would cause a huge dump in the toilet for the stock price.
For us normies… You make a crypto, use TSLA to back it… and it’s now a “tokenized” TSLA that can be traded 247 by the cool kidsWhat the heck is tokenized TSLA? Anyone care to explain to the noobs like me?