I thought the uptick rule only applies to today and tomorrow. So it wouldn't apply on Thursday.
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Tesla, TSLA & the Investment World: the Perpetual Investors' Roundtable
- Thread starter AudubonB
- Start date
I thought the uptick rule only applies to today and tomorrow. So it wouldn't apply on Thursday.
"A company's major competitor in one of it's largest markets is going bankrupt? This is surely bad news for this company. "
Artful Dodger
"Neko no me"
Oh yes, you're right. Will correct my post. Should read my own ref, too:
"The rule includes the following features: a short-sales related circuit breaker, duration of price test restriction, securities covered by price test restriction, and implementation. In other words, most securities are covered by the rule and in the event it is activated. The alternative uptick rule would apply to short-sale orders for the remainder of the day as well as the following day."
Cheers!
RoadsterPlease
Member
The reckoning is here? All high PE stock and 'speculative' plays getting taken to the woodshed. NFLX a good example.
Past few days have been very painful. QQQ s dropping a point at a time when no one is looking,
Everything continuing to point to slowdown and recession.
Past few days have been very painful. QQQ s dropping a point at a time when no one is looking,
Everything continuing to point to slowdown and recession.
anthonyj
Stonks
Guess some large holders are sick of the drama, manipulation and 5 years of dead money. The stock will make a comeback once Model Y starts production and revenue estimates reflect that
Perhaps. It may be more perception than substance, but institutions could find the previously sealed statements troubling and prefer to head to the sidelines as quarter-end window dressing time approaches.
Last year we discussed NIO on this forum. The conclusion was NIO would have a hard time to survive. Tesla sells EVs at 20% margin. It would be very difficult for NIO to price their vehicles. They could price at the same level or higher than Tesla, nobody would buy them. They could price cars bellow Tesla, then they lose a lot of money. NIO's gross margin is negative 25%, yet not many buyers are interested. Imagine when GF3 starts to produce Model 3 and Model Y.
Some investors might view NIO as a bargain and try to bail it. If I were them I wouldn't try that, I can't figure out how to run that business profitably against Model 3 and Model Y.
Some investors might view NIO as a bargain and try to bail it. If I were them I wouldn't try that, I can't figure out how to run that business profitably against Model 3 and Model Y.
I’ve been wondering about that too... the bit about the larger investors. The selling recently doesn’t seem limited to shorts. So TSLA might become even more volatile.
Artful Dodger
"Neko no me"
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You would think.
TSLA is nicely tracking the index now. $220 is possible today IMO. Probably can get down to $200’s if there’s a pullback where the Nasdaq goes to $7,800’s.
Picked up 22 more at 224. Maybe I'll try and sell just those 22 next week after it's back up to 250.
DragonWatch
Small FootPrint
https://www.washingtonpost.com/busi...d-with-market-manipulation-emissions-scandal/
Herbert's (VW's) expression says it all about EV's and the law
Herbert's (VW's) expression says it all about EV's and the law
What sign of stabilization, exactly, did you see?
ev-enthusiast
Active Member
EVNow
Well-Known Member
Fight is on now for ~225 and Nasdaq ~8000. I hope both those close above the critical points.
And I thought I wont add anymore Tsla.. gonna have to dig some cash.
TheTalkingMule
Distributed Energy Enthusiast
What kind of Greta Thunberg Halloween costume would be appropriate for a 6'2" 230lb male? Thoughts?
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