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Tesla, TSLA & the Investment World: the Perpetual Investors' Roundtable
- Thread starter AudubonB
- Start date
willow_hiller
Well-Known Member
Ford yesterday, GM today. Traditional automakers are crumbling before our eyes: GM swings to a loss in the fourth quarter as 40-day strike erodes profits
But have you watched The Witcher?
ProfTournesol
Member
10 million shares in 15 minutes...
A lot of ppl probably don't realize HSA is even better than RothIRA, pre-tax contribution and no tax distribution for medical expenses .... Beauty
5 steps forward, 1 step back. I'm OK with that because I'm confident it will keep marching forward over the next couple years
I would like another jump so I can ditch the 2/7 calls I picked up yesterday. Cost was like 6k which is peanuts compared to my other call gains but still.
On track for a casual 20 Mio volume openings hour.
If everyone could stop selling, that would be great.
If everyone could stop selling, that would be great.
Chickenlittle
Banned
An update on my fidelity saga. They are processing my transfer of shares again. They were refusing to transfer my shares to another broker. It’s an ira account (margin not allowed in iras) was supposedly refused by their margin department although no margin in the account. I suspect they loaned out the shares and are trying to get them back (they’re not allowed to loan out shares on a non margin account. They refused the transfer for bogus excuses for 3 days, the time allowed to return loaned out shares
davecolene0606
Member
Correct, someone is selling in large volumes (compared to available liquidity) onFrankfurtXetra to keep the TSLA price down - this could be in coordination with the Nasdaq open in about 8 minutes for a bear attack.
There is no news anywhere, manufactured or otherwise, to justify such a move. I believe hedge funds that wrote calls might be worried about this Friday's expiry and started a price and market manipulation bear attack when TSLA was getting close to $970 yesterday.
Note that the market used by the bear attack is the Xetra exchange, not Frankfurt:
View attachment 508089
Note the very high volumes, while both Frankfurt and Stuttgart exchanges barely registered any trading. So the short who launched this short attack is working through Xetra to have maximum impact while using one of the least liquid European exchanges that trades Tesla.
Edit, here's how the illegal market manipulation bear attack transitioned over to Nasdaq pre-market trading:
View attachment 508090
The first chart is 4 minutes into Nasdaq pre-market trading which started at 4am ET - the chart lined up below is Xetra, 10am CEST at the same time:
- The short attacker, shortly before Nasdaq trading opened, started closing the short position (the bounce-back), and volume died down.
- There was no genuine, legitimate selling pressure on Xetra - the whole point was to depress the TSLA price in Nasdaq open through the use of a single low liquidity European exchanges, using just around 70,000 shares of volume.
- On Nasdaq volume is now lower than the European one - I suspect the bear attacker is using limit orders to keep the price fixed at significantly lower prices than yesterday's close, to establish a negative sentiment going into the open.
#2nd edit, 15 minutes more of the same charts:
View attachment 508091
Here you can see from the Xetra volume that whoever manufactured that price dip, very likely reversed the Xetra short position almost completely and moved operations over to the Nasdaq pre-market. While we are guessing here, regulators have access to transaction logs and can identify whether it was the same trading entity creating the dip and then recovering the short position.
Also note how Xetra volume effectively dried up after this price manipulation event - suggesting that whoever did this didn't have any legitimate EU investment purposes, but the sole purpose was to manipulate the Nasdaq early-hours opening price.
There is very few legitimate reasons for such trading activity - pretty much the only purpose is to manipulate and distort the market.
#3rd edit, this is yesterday's "$100 TSLA flash crash" event:
View attachment 508095
That is a 30sec chart from Nasdaq on 02/04/2020, where unknown entities manipulated the TSLA price at around 15:49 ET and the surrounding minutes to drop $100 in a short period of time, by using aggressive, abusive market orders or far-below-bid sell limit orders to 'mark down the price' without any real intention to sell effectively.
In this case too no rational investor in Tesla securities would execute trades in this fashion (because they'd lose tens of millions of dollars executing sell orders in such a poor fashion), and there was no Tesla or macro news driving this action.
Time for Tesla shareholders to file SEC complaints I suspect. European regulators should have no trouble finding out who was selling short those shares well below yesterday's market prices.
Here's the place to file a SEC Investor Complaint - European shareholders can file complaints too:
After filling out personal details, I'd suggest a variant of this for the "Tell Us About Your Complaint" field:
On or around February 5, 2020, 4am ET, a "short and distort" campaign was launched against Tesla (TSLA:NASDAQ) investors in European trading, on the low liquidity Xetra exchange (TL0:XTRA), and on the Nasdaq early-trading system.
The purpose of this attack was to illegally manipulate the Nasdaq early trading opening price, by unknown parties suspected to be options writers for $800+ strikes on Friday's 02/07 TSLA options expiry series.
A timestamped, annotated summary of events can be found at this link:
Code:https://teslamotorsclub.com/tmc/posts/4451429/
The link also contains description of the "$100 TSLA Flash Crash" market manipulation event that occurred at around 02/04/2020 15:49 ET, when unknown parties executed large and deliberately ineffective order flow in an effort to mark down the TSLA price and trigger "stop-loss" orders, which caused harm to TSLA investors.
All of these abusive, illegal actions have harmed the market value of my TSLA shares or options.
Only file a SEC complaint if you agree with the contents, of course!
Also note that even if this SEC administration decides not to inquire into these market anomalies, there's an election at the end of the year and the next administration might. All investor complaints have to be archived and stored indefinitely by the SEC I believe.
Complaint submitted.
Fire Away!
(It’s the batteries, Stupid!)
Chickenlittle
Banned
CNBC motto. The truth does not get in our way or perhaps the most uninformed experts on cable
Ford stock trades at harsh discount to Tesla stock after earnings miss — Business Insider
Interesting. Not a single mention that that “miss”, where they “missed profit estimates” was a $1.7 billion loss. No “Ford is burning money”, no animated pictures of Hackett burning bills with a flamethrower. Just “oh, they missed earnings, but look how much better Tesla is treated”.
Interesting. Not a single mention that that “miss”, where they “missed profit estimates” was a $1.7 billion loss. No “Ford is burning money”, no animated pictures of Hackett burning bills with a flamethrower. Just “oh, they missed earnings, but look how much better Tesla is treated”.
larmor
Active Member
And the car company can stream those videos on its screen. And its CPU/GPU is the equivalent of the best available mac, and comes with wheels, tires and a steering wheel...
Couldn't resist and picked up two more at 727€. Let's see whether I will regret that or not. But hey, last time I bought with that doubtful feeling in my stomach was right after the Q4 numbers, and that went quite OK really.
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Chickenlittle
Banned
Never had hsa but I thought if you didn’t use funds they go away at end of year. If so I would consider that a huge penalty/tax
davecolene0606
Member
MSM policy “everyone is equal, everyone gets a say with equal weight without regard to qualification or experience”
oh, and has ponied up the customary “appearance fee”
“You decide”
Fire Away!
(It’s the batteries, Stupid!)
davecolene0606
Member
OT reply: The fund won't go away. The only caveats are: 1- Need HDHP plan to go along 2- HSA fund can be used for medical expenses only, which everyone will need
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