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

[mongo]

Maybe @The Accountant can confirm, but with BTC hitting 33K, I think we now have an impairment on the books for Q1. It will be small if it doesn’t go any lower, but if it continues to drop it could get more significant.

Previously impared down to 29k or 26k or so.

 

[Tyler34]

We're at $4425 pre-split and almost certainly a few days/week/months/quarters from ATH. What exactly do these poor folks have to worry about? Again.....this is NOTHING compared to the everyday existential crises of >2018.

Enjoy the ride!

Probably have to worry about the every single day advice on this forum to just borrow against your shares if you have a big purchase coming. Doesn't work out so great when the stock is down from a year ago
Edit: I'm all for people buying now. The point was to not cheer for it to go lower, as you might be buying shares from someone here

 

[Right_Said_Fred]

Maybe @The Accountant can confirm, but with BTC hitting 33K, I think we now have an impairment on the books for Q1. It will be small if it doesn’t go any lower, but if it continues to drop it could get more significant.

Tesla took an impairment charge a few quarters ago when BTC hit $28,000. Why would they have take another one at $33,000?

 

[Opus BC fan]

 

[ZachF]

I'm a buyer under 500 ...

500 would be an almost certain ten bagger for 2030.

 

[mongo]

Pretty close...

They need some buffer. Alternate uptick rule would kick in at 849.51.

 

[StealthP3D]

This feels more like someone big fund getting margin called more than a bear raid, but we can only speculate.

Market action like this is never about one big fund or any individual player, it is a market-wide phenomena caused by a lack of confidence in the economy. The lack of confidence has a cascading effect. People come to their senses when they realize they don't want to be in cash either.

 

[thx1139]

Amazing how the market is taking out its fear on the company of a stock that just continues to execute time and time again. I so wish I had free cash.

 

[TheTalkingMule]

So now any dickhole hedge fund can buy up shares on the cheap before earnings. Splendid. Must be nice to play in a rigged game!

 

[Artful Dodger]

Anybody think that hedge funds don't manipulate the SP?

Threshold required to trip the -10% curcuit breaker "Uptick Rule": $849.51 (10% below Friday's Close)

Today's Intaday Low (so far): $852.41

Priceless!

/S

 

[dano-oly]

I'm in for a 1/24 $1000 LEAP. My first options trade...

 

[ZachF]

Netflix is down another 7% today…. Oof.

30% drop in three days…

 

[FireMedic]

https://twitter.com/x/status/1485626997023944706

 

[M|S|M MYP]

Ok....since TMC is a place where we support each other....Im going out on a limb and saying "This will all be forgotten like the time we went from $900 to $560 for no reason"

 

[EVMeister]

https://twitter.com/x/status/1485626997023944706

Let's be honest. At this point it is trading advice.

 

[Mengy]

Well, I guess the tidbit of today is.....Tivoboy was right?

 

[jkirkwood001]

I just bought 200 @ $858.

Buying value, not trying to predict the bottom

We get along well, @StealthP3D , but I think you owe @tivoboy an apology. Not about being right or wrong - we're all guessing, right? - but because you insulted him for even suggesting the SP was going a lot lower. Let's keep it friendly. A simple disagree is fine.

 

[EVMeister]

Might be behind a paywall and hardly major news, but Tesla is counter suing JPMorgan. Makes me happy, because I hate those clowns: Tesla Countersues JPMorgan in Fight Over Warrants.

 

[SarahsDad]

I rarely use margin but I gotta think we’re near the bottom. Leveraged just a bit to get a few shares at $876.

 

[Tim S]

Bought 50 at 904 pre-market. Since then converted 300 shares to LEAPs. Might do some more if this continues.