Ford's earning is going to help propel TSLA over $1000 tomorrow.
Tesla, TSLA & the Investment World: the Perpetual Investors' Roundtable
- Thread starter AudubonB
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Fact Checking
Well-Known Member
Float is only 142 million shares.
Thomas Edison
Active Member
EV forever
Supporting Member
Saudi Arabia fund dumped nearly all of its Tesla shares before the surge — CNBC
Saudi Arabia fund dumped nearly all of its Tesla shares in the fourth quarter before the rally
Missed out big time on current gains this year
The Saudi Arabia Public Investment Fund now holds just about 39,000 shares of the stock after selling 99.5% of its holding.
The fund held more than 8.2 million shares by the end of the third quarter of 2019, which would have been worth more than $7 billion at Tuesday's price.
Before the latest sale, the sovereign wealth fund had dramatically cut its net exposure to Tesla stock in early 2019 after CEO Elon Musk settled fraud charges with the SEC over the claim to take his company private.
https://apple.news/AovQIhOiMR_CEYoViUrdVjQ
Saudi Arabia fund dumped nearly all of its Tesla shares in the fourth quarter before the rally
Missed out big time on current gains this year
The Saudi Arabia Public Investment Fund now holds just about 39,000 shares of the stock after selling 99.5% of its holding.
The fund held more than 8.2 million shares by the end of the third quarter of 2019, which would have been worth more than $7 billion at Tuesday's price.
Before the latest sale, the sovereign wealth fund had dramatically cut its net exposure to Tesla stock in early 2019 after CEO Elon Musk settled fraud charges with the SEC over the claim to take his company private.
https://apple.news/AovQIhOiMR_CEYoViUrdVjQ
Nocturnal
Supporting Member
It's odd that they would do that. I'd think an oil based economy would hold long term investments in anything non-fossil fuel based wherever possible.
@Fact Checking do you have any insights on how many shares are actually traded today counting one share only once if traded multiple times? I know this data is not available but I would like to have some kind of indication how much the actual liquid float is (my share are part of the 142m float but not available to trade on days like today). How much of this 60m share is just HF algos trading a couple of shared with themselves?
WarpedOne
Supreme Premier
Thomas Edison:
Shorts trying to hold the lid?
I guess some big short is starting to get afraid of liquidation and is pulling his last effort ... we should not expect victory without any fight.
LOL, but really ... what would be the explanation for this $60 oscillations?
Shorts trying to hold the lid?
I guess some big short is starting to get afraid of liquidation and is pulling his last effort ... we should not expect victory without any fight.
uselesslogin
Supporting Member
The fee rate at IB for shorting is the higher than it was before earnings. There is a good chance this means there are more shorts in at this higher price. And the volume is over 60 million now. Insane. You can’t have a VW style short squeeze of the shorts haven’t covered.
Could not have happened to nicer people.
I think they wasted even more dollars trying to hold TSLA stock down. They way they went into Lucid and handled the PR. They are going to do poorly with Lucid.
yep wether or not a squeeze actually happens idk, but up until now price action hasn't been due to shorts covering. that much seems to be clear based on available date
Ameliorate
Member
Right_Said_Fred
Moderator
Everyone has their own price targets, depending on age and goals. No need to be judgmental. And I believe the moral of this story was that the advice by the wealth manager to sell when SP was half what it is now was wisely ignored.
Prunesquallor
His cardinal virtue? An undamaged brain.
Tesla Corp jacket in celebration of yesterday.My Cybertruck shirt drops tomorrow!
Wish the truck would follow shortly after it.
On that note I will happily tell the Saudis go to pound sand.
Nocturnal
Supporting Member
Those crazy shorts still aren't covering? And more are going in? Yikes. Longs are playing with house money, being greedy on the short side seems really stupid right now.
Perhaps hoping to cause a panic. Doing that after market means that it is not possible for most to quickly sell.
I’ve seen that to, and i suspect it’s caused by the process that is responsible for rendering the driving UI crashing and being restarted. The display of all the check icons is part of the initialization of that process (required by law so the driver can verify that the ‘lights’ are not burned out)
i also often drive around with this page displayed
So then why wouldn't you dump earlier in the day? 10 mins doesn't give a lot of people time to react besides activating stop losses but also activating buy orders. But then again low volume after market would have a much bigger impact on sp even though there's a possibility of gapping up the next day correct?.
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