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

[SOULPEDL]

All this 420 talk and not a single comment all morning about WHY it's up.
I can't wait to read about the lame reasons out there in mainstream media... again.

Or we could say, "The writing's on the wall", but that would be obvious.

 

[Nocturnal]

I'm surprised we actually hit it. I assumed that the evil powers would have pulled out all the stops to prevent it. Well, maybe they did and just couldn't stop it.

 

[Steve m]

 

[humbaba]

high of $420.40 -- no $420.69 loving just yet

 

[EVNow]

200k Volume at $420.

 

[M3Rider]

C'mon you 420.69...

 

[BornToFly]

Now a need a snack.

I need a cigarette....

 

[Alactronic]

Wow!

(Just leaving a post in this historic forum at this historic moment)

 

[Rarity]

Merry Christmas, everyone!

 

[SOULPEDL]

I need a cigarette....

I don't smoke... cigarettes

 

[pz1975]

I wonder if the SEC is opening a new investigation. I mean this is clearly “major league fraud”.

 

[jeewee3000]

So with visibility into the order book, it was mentioned that they aren't seen until they're converted to market (for stop) or limit (for stop limit) orders.

Are there ways to see the stop order flow before it converts to market/limit orders? And could that be part of Ihor's methodology for detecting short covering? (If so, his numbers are gonna be so off...)

No because the stop orders are an agreement between you (the trader) and your broker. Basically it says: IF a certain condition on the open market is fulfilled (e.g. the SP reaches $420,69) THEN the broker must send my order (whatever it is, e.g. buy 1 share with limit order @ 420,69) to the market.

This is why limit orders can be dangerous as a stop loss. By the time your order is sent to market the conditions at which you want to sell to get out of a position might not be up to date anymore, therefore not executing your sell limit order after your stop loss has triggered.

Back to staring at the ticker...

 

[gavine]

 

[Causalien]

Got mine

 

[Cherry Wine]

Oops.

 

[KarenRei]

Dang it, why did this have to happen now when I'm visiting family? Can't just up and make a cake here!!!

 

[2virgule5]

I just got my 1 share at 420. Now waiting for 1 at 420.69

Got mine at 420.32 Will never sell it !!!!

 

[Silent Ludicrosy]

Darn, $.01 off

 

[StealthP3D]

Is Tesla up due to GF4 land acquisition(growth confirmation for 2021), Shanghai credit (risk off) or these 420.69 orders? Interesting that FSD is not in the media at all.

TSLA is up today for the same reason it was up most of the previous 6 months.

It's in the long process of turning from a "do not touch" stock to a "must own" stock. This transition will take a long time to complete so enjoy the ride.

At points along the way it will gap up in a big way as it temporarily turns from a "must own" stock to a "must own stock right away at any price".

 

[jeewee3000]

Oops.

View attachment 491926

You have to do that again.