LN1_Casey
Draco dormiens nunquam titillandus
Someone said, "Don't F with my pre-determined Stock Price."
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Tesla, TSLA & the Investment World: the Perpetual Investors' Roundtable
- Thread starter AudubonB
- Start date
I'll preface this by saying it's good to see the stock hold up against demand worries from those that don't understand Tesla's expansion.
But I do wonder how high do the macro's have to go before MM's will stop capping? At this point, for the past month now Tesla has missed out on a pretty big rally in the macros. Nasdaq is almost back to it's all time high at this point. I don't really care about the dip from the 900 level to the 360 and then the rally quickly back up to 600-700 level...in my opinion it was illogical fear combined with heavy shorting create a panic sell for about 2 weeks there and therefore it wasn't logical to be down in that range. I'm expecting now that we'll be at 800 until the week before P/D numbers regardless of how high the macros go. Nasdaq could break all time high and it won't matter apparently until Q2 P/D numbers are out.
It's not that the Nasdaq could hit 9800 and Tesla is 800 that's frustrating. It's that Tesla hit 800 almost a month ago and completely flatlined while the Nasdaq continually goes higher. We've all seen bear raids and short attacks in the past to drive the share price down, but I'd argue that the past 4 weeks have been the most blatant time period of manipulation that I've seen on the stock. It's so damn obvious that the stock price is predetermined and that MM's will use whatever funds necessary to ensure they make most money possible off of weekly options.
This of course means nothing to investors holding long or the long term prospects of the stock. But still, for me at least, it's insanely annoying to see such blatant manipulation and know that nothing will be done to MM's.
aborted 
Edit: Damn it Tim you're always doing this to me.
Edit: Damn it Tim you're always doing this to me.
MartinAustin
Active Member
aborted
Edit: Damn it Tim you're always doing this to me.
And SP dropped right on que.
So this whole process will be repeated at some time in future
from SpaceX:
Standing down from launch today due to unfavorable weather in the flight path. Our next launch opportunity is Saturday, May 30 at 3:22 p.m. EDT, or 19:22 UTC
TheTalkingMule
Distributed Energy Enthusiast
"FALCON LAUNCH SCRUBBED DUE TO DEMAND ISSUES!"
lol at the drop after the launch was scrubbed. Apparently there was also a huge uptick in weekly options volume towards the close. MMs win again
.We still have something else to look forward to: Jay Leno's car episode with Elon. More publicity.
woodisgood
Optimustic Pessimist
Today seemed like a pretty active Fed pump in order to keep the market from tanking on a "great day for America" (can just see Trump directing it).
Falcon scrub means everyone gets to see the Model Xs again.
ThisStockGood
Still cruising my Model S 70 2015
aborted
It’s fine... the world is up for another great presentation of the cool NASA Model X on Saturday
woodisgood
Optimustic Pessimist
Race on Saturday, sell on Monday. Much better coverage!
So some folks (bots?) swiftly dumped Tesla shares during after-hours immediately upon learning that a SpaceX flight has been delayed for three days as a precaution due to inclement weather. Totally irrational.
Yes, this is really good! My wife's working and staff cannot watch today's. So Tesla round 2 is Sat!
StealthP3D
Well-Known Member
I think your complaint is without substantial merit. I predicted Tesla would lead the market out of the hit from COVID-19 and, sure enough, TSLA turned the corner a good 2-3 days before the major indexes. And since the beginning of the drop, or since the YTD lows, or since the beginning of the year, or just about any reasonable way you want to measure it, TSLA has outperformed ALL the major indexes by a substantial margin, huge margins actually.
It looks like your glass is half-empty. Did you happen to sell at an inopportune time or what is the basis for this displeasure?
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StealthP3D
Well-Known Member
So some folks (bots?) swiftly dumped Tesla shares during after-hours immediately upon learning that a SpaceX flight has been delayed for three days as a precaution due to inclement weather. Totally irrational.
I imagine they were wanna-be hitch-hikers (those buying before the launch to benefit from a successful operation).
I think short term traders were buying expecting a quick pop on a successful launch so they had to flatten after the scrub.So some folks (bots?) swiftly dumped Tesla shares during after-hours immediately upon learning that a SpaceX flight has been delayed for three days as a precaution due to inclement weather. Totally irrational.
You both could well be right. The trading volume during the dump was minimal. Perhaps due to novice day traders who had been looking for some action with no sports for which to watch or bet.
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