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

[Creekstalker]

I can go ahead and guarantee an ATH today.

Mark B. Spiegel on Twitter

Mark B. Spiegel sez:

My theory re $TSLA is that today is "a trading sardine echo bubble," which all bubbles have. If it takes out last week's high I'll be wrong and it will be "a resumption of the bubble." I upsized at $539 with a stop at the ATH. This is not a legitimate business/company/CEO.

 

[Tslynk67]

For those watching your call options this morning (afternoon here, actually), note that Yahoo isn't refreshing the premiums...

Rest assured they're up though, quite a bit...

 

[anthonyj]

$1,000 March calls are still a great value. All I hear is bubble so that means it will double

 

[ggr]

American options, unlike European options can be exercised at anytime prior to expiration. Brokers may discourage you but it’s your right to do so

Most of the time, they are right to discourage you. Unless the options are DITM and have little time value, or there are tax considerations, you are generally better off selling or rolling the options.

 

[HopJokey]

Watch out, TSLA investors
The Motley clowns are recommending TSLA

That has to be just about the most worrisome thing I have read about TSLA in a long time. I take some solace in remembering that even the most moronic cannot be wrong ALL the time.

They've been long for quite some time on Tesla, since 2011-2012 around $25-30 per share on their first recommendation. They've been bullish almost universally and have been staunch supporters of TSLA through the various ups and downs the past decade.

 

[Causalien]

Man, what is going on...

 

[woodisgood]

Man, what is going on...

I know, right? I thought it should be higher too.

 

[dgodfrey]

$1,000 March calls are still a great value. All I hear is bubble so that means it will double

Be careful. Trademark infringement.

 

[LN1_Casey]

Not sure the navy bases are OK with sea level rise as the parking lots can flood for instance
View attachment 502778

I've been stationed at the Navy base in Portsmouth, VA;

They've been flooding for years. Not that level, since it's too far inlet from the ocean swells, but the drainage is so bad that we routinely had a dozen or so cars die because of the waist high water from the rain.

 

[Causalien]

I know, right? I thought it should be higher too.

The little voice in my head is screaming "TAXES"

 

[woodisgood]

The little voice in my head is screaming "TAXES"

Are you this fun at parties too?

No gain, no pain, as they say...

 

[generalenthu]

OT:

Regarding this week's price action, I want to point to the post from @Fact Checking from a while ago showing huge open interest in calls ranging from 400 to 520 expiring in 2 days. It is very unlikely these will be taken delivery on. the speculators will take profits and the market makers will sell shares they are using as a hedge against these calls.

While this happens every week, the situation is amplified as this expiry is a leaps series and has been open for a long time. Expect the price to be a bit weak next couple of days as the market accommodates these sales. We are likely to drift towards 500. This will be behind us next week though.

In other words if you are looking to pick up some exposure for the long term, it's hard to get a better opportunity, all else being equal. That said the run Monday and Tuesday was phenomenal and I was expecting a much worse week last week. The Chinese subsidy extension and the upgrade helped quite a bit in absorbing the supply from near-ITM calls.

Alright, that was not OT.

This call from last Wednesday is looking too good to be true! Luckily I put some (more) money where my mouth was.

 

[mickificki]

Man, what is going on...

 

[JRP3]

They've been long for quite some time on Tesla, since 2011-2012 around $25-30 per share on their first recommendation. They've been bullish almost universally and have been staunch supporters of TSLA through the various ups and downs the past decade.

Depends on the "fool". John Rosevear has written a bunch of FUD over the years and has been pretty negative on Twitter. He may even use the TSLAQ block list.

 

[Ameliorate]

View attachment 502788

Just sayin, he sold his entire position friday around 507. Cost A lot more to buy this am. Hope he does well though. Trying to time the market is hard.

 

[avoigt]

Just in case you are interested to understand better whats going with the CEO of VW Group Herbert Diess.

That tweet created a lot of attention. His speech shows that at least Diess has understood what is required although I ask myself why he makes it in a way that its public. IOWs I believe he tries to create additional pressure on Management to change which indicated change is not happening.

Also look at his statement about market capitalization of VW versus Tesla

Alex on Twitter

 

[JRP3]

Just sayin, he sold his entire position friday around 507. Cost A lot more to buy this am. Hope he does well though. Trying to time the market is hard.

Proving once again his predictive abilities.

 

[LN1_Casey]

Just sayin, he sold his entire position friday around 507. Cost A lot more to buy this am. Hope he does well though. Trying to time the market is hard.

Why on earth would someone close their position so close to earnings call that's bound to be positive? Was there some need, like a home purchase, medical?

 

[Chunky Jr.]

I get being skeptical of electric cars or the long term demand for Tesla, but to claim it is not a legitimate company or business is insane. Any trades based on that is completely irrational.

 

[Krugerrand]

True....but were are you going to go?

Definitely not to my island.