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

[UncaNed]

etrade had that right anyway. now MS will have it.

but only with shares bought using the brokers extended margin

any shares you own paid for by your cash, are not to be touched by broker. unless you opt in to a fully paid lending program (if they have one).

Does the broker's right to loan the shares end when you pay off all your margin? If not, is there a sway to end it?

Does a GTC sell order at $9,999/ share really keep them from being loaned?

 

[SOULPEDL]

Pretty quiet here... everyone busy placing bets, or scratching heads?

 

[MP3Mike]

Yes, but you could still do a backdoor contribution. US tax law on Roth is so silly. Income above $X then you can’t contribute to a Roth. But you can shove $6k of after tax money into a traditional IRA and fill out one form and covert that to a Roth.

Not necessarily. If you have money in a traditional, non-Roth, IRA then you could end up paying tax on most of the conversion. (Essentially double taxed.) For example $6,000 after-tax contribution to your traditional IRA that has a balance of $60k that than you then back-door to a Roth you would pay tax on $5,400 of that conversion.

 

[Cosmacelf]

Looks like the underwriters snapped up all their allotted options immediately rather than sit on them for the month they were given.

I guess they assumed the upside from $917is greater than the possibility SP drops back to $767. Anyone know if there's any holding stipulation to their allotment, or can they just cash in those shares today?

Tesla Raises $2.31 Billion in Its Stock Offering | The Motley Fool

I don’t believe there is a holding period, so today they can sell. It still isn’t much volume. Today was likely going to be down day anyways. The stock price cannot go up everyday, it never works like that.

 

[Unpilot]

watching the prize fight for 900...it's like Sparta only three times better!

 

[johnnybgood888]

Hold cash? What sort of weak bull do I look like?

Holding cash on TSLA is like a sailor returning from shore leave with money still in his pockets.

 

[StapleGun]

For my own education purposes. I am interested in knowing if anyone on this forum physically met the member?

Another is, is it true that he solicited ppl to invest?

Cause those are redflags for me. Someone not physically verified to be real and u solicited investment in a stock.

I usually guard what I invest in like a secret and only really divulge the stock if it already succeeded.

I was never solicited by anyone but others might have had a different experience. I also remember it being more than just one individual who was interested in GTAT. In fact a group of people split off into their own forum which took on a life of it's own.

 

[MP3Mike]

Does the broker's right to loan the shares end when you pay off all your margin? If not, is there a sway to end it?

Does a GTC sell order at $9,999/ share really keep them from being loaned?

Yes, their right to loan shares ends when you no longer have a margin balance. (Unless you have signed up for a Fully Paid Lending program.)

No, a GTC sell order will not prevent them from being loaned if you have a margin balance.

Note: That is how it is in the US, I don't know about rules in foreign markets.

 

[Causalien]

Pretty quiet here... everyone busy placing bets, or scratching heads?

Don't know about others. But I am on cool down after too mich maneuvers. There's a point where all your cash is in transfer from somewhere to somewhere.

 

[Tslynk67]

Pretty quiet here... everyone busy placing bets, or scratching heads?

Waiting for options to update - I don't know if it's just me, but nothing moves with those until 15 minutes after the bell.

I guess it's 15 min delay, even though the SP is real-time...?

 

[Boomer19]

Does the broker's right to loan the shares end when you pay off all your margin? If not, is there a sway to end it?

Does a GTC sell order at $9,999/ share really keep them from being loaned?

yes, it’s a rolling calculation, margin is

so as the market moves, so does the maintenance requirement to support your portfolio.

brokers must segregate cust-owned shares from “firm-owned” shares

gtc shouldn’t matter. if you bought shares using broker extended margin/loan, they can loan them out. it doesn’t mean they will loan them out. it has to be equitable for them to do so

 

[lklundin]

CATL-Built Tesla Model 3 Battery Pack Will Use Prismatic Cells | CleanTechnica

guess it's 'confirmed'?

The above article just quotes the already discussed Tweet:
Simon Moores on Twitter

In addition to the already stated advantages for Tesla, this move also denies even more battery cells to the competition. So it seems increasingly to me that Tesla considers the 'Mission of sustainable transportation' to be something that it alone will be doing.

Further, back when Tesla announced GF1 all the detractors were quick to point out that by in-housing their cell technology, Tesla would bind itself to their chosen tech and thus be exposed to the risk of a different tech becoming preferable.

Well, guess what, Tesla just decided to exploit a different battery cell technology - along with their first choice, rendering the GF1 criticism unfounded.

 

[Chickenlittle]

I was never solicited by anyone but others might have had a different experience. I also remember it being more than just one individual who was interested in GTAT. In fact a group of people split off into their own forum which took on a life of it's own.

There was a GTAT blog with horror stories. Can’t fail, people buying options on margin buying dips and sudden bk when their only customer, Apple with drew contact because they couldn’t deliver. Hard to read that blog

 

[oldTAVguy]

For those that online trade: MS buying eTrade for $13B.

I would move my accounts, I don't like MS.

 

[LN1_Casey]

Holding cash on TSLA is like a sailor returning from shore leave with money still in his pockets.

Hey, hey now! I take offense to that! How dare you speak the truth about me and my shipmates? j/k i'm so poor

 

[jerry33]

Guess they've already started dicking about with it: WSJ News Exclusive | Morgan Stanley Is Buying E*Trade, Betting on Littler Customers

Reduced choices for consumers always helps (those in power). Two fewer brokerages in a short span, not good.

 

[Kuhz]

Where is everyone? Waiting to cross into green pastures?

 

[woodisgood]

Seems like the plan is to pin it at 900 for tomorrow. Maybe they'll let it run a touch higher today (915?) but then drop it back premarket tomorrow.

 

[jerry33]

No cash??

There's eleven dollars and some change on the dresser. Most cash I've had at one time in a few years.

 

[Eugene Ash]

Etrade app is acting SUPER glitchy for me, anybody else?

They are celebrating, they don't have time to watch their website work. MS just bought them