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

[Yuri_G]

Unreal. S&P inclusion has to be a done deal no? The market seems to know something we don't...

 

[smorgasbord]

I think it's $11.2T total in S&P500 index funds:

View attachment 562935

We went through that a day or so ago - the operative word there is "benchmarked," which is not "indexed." However, that link says $4.6 Trillion so my $4Trillion may be a bit under.

 

[UkNorthampton]

Does anyone (especially in UK) know how to do something similar to "Lombard Loans"* for shares that cannot be secured against? Or can they point me to a UK tax planning / mad rich forum? I've never had to think of this stuff before!!!!!!! Edit - where do I rent a wealth manager from? Some time in the future.... but I can dream! Cathie - 14,000 you said?

They're in tax-wrappers (ISA, SIPP Pensions) that don't allow a lender to secure. So I need unsecured loans at a small % of the value of the shares or the value of my house.

The idea is to draw an ever increasing loan against an appreciating asset and never 'have' to sell, eventually paying off when dividends are paid or the person dies. Lombard Loans can roll over year to year.

*Lombard Loans - Lombard credit - Wikipedia -
Lombard credit is the granting of credit to banks against pledged items, mostly in the form of securities or life insurance policies. The pledged items must be readily marketable; in particular, the securities 'eligible for collateral' which are registered on lists. Lending is via central banks. As a general rule, the Lombard rate (interest rate) is around one per cent above discount rate.

The pledging of securities means that the credit institutions have the opportunity of acquiring money in the short term from central banks.

 

[capster]

$1,544.65
Unbelievable. Wow.

 

[StealthP3D]

Not even happy about this. I wish this sp was based on news and not BS manipulation. Not a swing trader myself but you guys must be loving it.

Why are you not loving it? I'm not a swing trader and I'm loving it.

 

[Unpilot]

Working out the closing price...should have it in about 8 minutes....stand by...

Got it...around 1544 for closing price...your welcome

 

[Nocturnal]

Now for the after (hours) party.

 

[LJS22]

Monday is going to be a party. Just give us decent macros and every last short will burn

 

[Oil4AsphaultOnly]

If someone really wants to short NKLA, or any stock for that matter, can’t they just enter a synthetic short position and not worry about the borrow rate?

What am I missing? The risk of losses is still infinite as it is a short position, but hey, who ever said you could make money by betting the wrong way? Is there an added risk with this I am missing? Maybe the stock simply never moving until the options expire? Even then one of the legs is a sale so that would be 100% profit.

Synthetic Short Stock Explained | Online Option Trading Guide

Don't do it. The market can stay irrational longer than you can stay solvent. Gali @ Hyperchange correctly pointed out that Nikola has almost a year of runway to hype from before they need to show any real results.

 

[Chunky Jr.]

Out : buying an island
In : buying an archipelago

 

[Curt Renz]

TSLA up 10.8% today, 27.8% this week - all-time intraday and closing highs.

 

[dc_h]

They knew what they were doing.

More than a feeling! Maybe some dudes at Tik-Tok reading Zach and Elon's email.

 

[Fobble]

Let's guess what SP at close:
I'd say 1535

Ok ok I stand corrected, but I'll take it

 

[Silent Ludicrosy]

Time to get really nervous right now, if you haven't got out yet...

I got one out with 7 minutes remaining for $100 and the other for $860 with 1 minute remaining after my trading app lost connection

 

[saniflash]

So, what is the S&P committee going to do about that? Anything?

I doubt the S&P 500 committee is interested in causing "artificial" friction so they might choose to do a fade-in or something to reduce the upwards volatility somewhat

(might be an unpopular opinion around here)

 

[JusRelax]

We went through that a day or so ago - the operative word there is "benchmarked," which is not "indexed." However, that link says $4.6 Trillion so my $4Trillion may be a bit under.

Thanks for clarifying, I must have missed it!

 

[traxila]

OK, how does this not run again on Monday? There must be real short pain here.

They lost 2 billion today. This is enough to make the most bad ass mothers on WS feel pain.

The weekend is going to really suck for shorts in pain right now. A full 72 hours for the brokerages to evaluate what the margin call is come Monday.

 

[Nocturnal]

Don't do it. The market can stay irrational longer than you can stay solvent. Gali @ Hyperchange correctly pointed out that Nikola has almost a year of runway to hype from before they need to show any real results.

That's what held me back. Macro environment is too weird and Nikola doesn't have to prove anything at all yet. Plus I don't love shorting.

 

[LN1_Casey]

With everyone here celebrating by buying an Island with their stocks and options, I think I'll name my Tesla "Island."

 

[Driver Dave]

I did catch one nice moment today...

Funding at 420 would have made a nice return when the 1 got added.