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

[Etna]

This was not the wildest swing in % between day high and low, but today's 22% ranks as 4th highest ever.

Preceded by 26% on March 19th 2020 and January 13th 2012, and 25% on November 10th, 2010.

 

[JRP3]

I don't want to know what happened to the other one.

 

[Robertj]

What is today’s market action , the start , or the finish

 

[JRP3]

Lithium, and all is good. ;-)

Makes sense Lithium for Bipolar Disorder

 

[willow_hiller]

This was not the wildest swing in % between day high and low, but today's 22% ranks as 4th highest ever.

Preceded by 26% on March 19th 2020 and January 13th 2012, and 25% on November 10th, 2010.

I'm surprised there isn't an organized TSLAVIX group. They'd make a lot more money than the Q folks.

 

[Krugerrand]

I'm ok with more wild rides but let's not drop 15% in a day ok. I only like to see green.

What article of clothing will you be betting next? I could use a belt.

 

[Zero CO2]

idiots?

I was one of those idiots doing stop loss orders for a while ... and then I kept panicking that i would lose long shares at prices i would never likely see again ... so I stopped being an idiot

 

[Mike Smith]

I really gotta learn about options. Im just doing it the boring old fashioned way of accumulating shares.

Can the gurus here recommend any resources as to where / how I should start my learning journey ?

The first thing you'll probably do as a new options investor is lose a bunch of money. Then hopefully, as you become more knowledgeable and with a lot of luck, you'll make enough to get back to a point where you'll have as much as you would have if you had just bought and held shares from the beginning. That's the dream.

 

[dakh]

Well, I cannot imagine how much the shorts had to throw at that today to engineer such a drop. More to cover when it goes back up.

I gained and lost 2 years invoicing today, not my first rodeo, but the numbers get bigger each time...

Worth noting, though, that we closed more than $100 higher than last Thursday, the second highest close ever and a courtesy visit to the $1400’s, just to cross it off the bucket-list.

Onwards and upwards!

The run up is maybe about TSLA, run down, probably not.

 

[Runarbt]

Maybe we start tomorrow with another $100 gap up.. and trap some shorts? ;-)

 

[M|S|M MYP]

Days like these are needed to push higher....we all know that....but, boy was it nice to see that $1790 level

 

[Cherry Wine]

What is today’s market action , the start , or the finishView attachment 564225

All depends on fundamentals imho.

 

[Cherry Wine]

The first thing you'll probably do as a new options investor is lose a bunch of money. Then hopefully, as you become more knowledgeable and with a lot of luck, you'll make enough to get back to a point where you'll have as much as you would have if you had just bought and held shares from the beginning. That's the dream.

Hey I "paid off" one of my LEAPS today from premium harvested selling covered calls expiring this Friday. One way to lessen the sting of today's roller coaster, though it does still sting...

 

[lafrisbee]

My Mind was not believing what my eyes were seeing all morning. It would not process $17xx.

 

[UnknownSoldier]

What article of clothing will you be betting next? I could use a belt.

I don't think you meant to quote me here, I only bet clothes when I'm drunk and it's too early to drink here!

 

[ZeApelido]

Just some little hints here on batteries, but doesn't hurt to share.

Ying Shirley Meng, who has connections to other prominent battery researchers and Maxwell Tech, posted this tweet and then "liked" my response.



Today she posted this tweet:



"coming months" eh? Coincidentally around Battery Day?

 

[M|S|M MYP]

I don't think you meant to quote me here, I only bet clothes when I'm drunk and it's too early to drink here!

Never too early for that! In fact.....im going to pour me a nice dram of Hibiki 30 right now

 

[Fobble]

Maybe we start tomorrow with another $100 gap up.. and trap some shorts? ;-)

I think any good news on vaccine such as below can fuel rally tomorrow all over. US has spent billions trying to fast track vaccine testing/approval, and now start talking fast tracking vaccine manufacturing by end of this Summer:
Drugmakers will start coronavirus vaccine production by end of summer, Trump health officials say

 

[Hock1]

The first thing you'll probably do as a new options investor is lose a bunch of money. Then hopefully, as you become more knowledgeable and with a lot of luck, you'll make enough to get back to a point where you'll have as much as you would have if you had just bought and held shares from the beginning. That's the dream.

That is a dream. IMO, at this point in the proceedings, a lot of people are going to find out the hard way that options are a losing game. My only hope is that the lesson does not put unwary souls out of the big game. Buy equity and hold. GLTA.

 

[CyberDutchie]

What article of clothing will you be betting next? I could use a belt.

As long as it is not for belt-tightening. We fat cats don't like that.